The mission of OPAS Foundation is to further the objectives and purpose of Omaha Performing Arts Society.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$322.7M
+9.1% YoY
Annual Giving
$5.9M
+33.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$5.9M
+33.4% YoY
About Opas Foundation
Based on IRS filings
Opas Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in OMAHA, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $322.7M in total assets. In 2024, it awarded 1 grants totaling $5.9M. Net investment income was $2.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $322,736,275 | $295,903,134 | $214,160,238 |
| Revenue | $29,538,054 | $88,718,176 | $7,577,994 |
| Expenses | $11,415,138 | $7,198,754 | $6,053,761 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,772,863 | $4,462,761 | $4,067,480 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Omaha Performing Arts Society ($5,910,762).
| Recipient | Purpose | Amount |
|---|---|---|
| Omaha Performing Arts Society Omaha, NE | Fo further the mission of Omaha Performing Arts Society | $5,910,762 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOAN H SQUIRES | PRESIDENT | 5 | — |
| ARNOLD REEVES | SENIOR VP AND CFO, TREASURER | 5 | — |
| SABRINA WEISS | VP - DEVELOPMENT | 5 | — |
| MICHAEL MCCARTHY | CHAIR | 1 | — |
| JACK KORALESKI | VICE CHAIR | 1 | — |
| JOHN BOYER | SECRETARY | 1 | — |
| MICHAEL CASSLING | DIRECTOR | 1 | — |
| JENNIFER HAMANN | DIRECTOR | 1 | — |
| RODRIGO LOPEZ | DIRECTOR | 1 | — |
| CARL G MAMMEL | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Opas Foundation?
Opas Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in OMAHA, NE. It holds $322.7M in total assets as of 2024.
How large is Opas Foundation?
As of 2024, Opas Foundation holds $322.7M in total assets with $29.5M in annual revenue. It awarded 1 grants totaling $5.9M in 2024.
Where does Opas Foundation operate?
Opas Foundation has awarded grants in Nebraska.
What size grants does Opas Foundation award?
In 2024, Opas Foundation awarded 1 grants totaling $5.9M — an average of about $5.9M per grant, based on its IRS Form 990 filings.
What is Opas Foundation's EIN?
Opas Foundation's EIN (Employer Identification Number) is 20-3523938. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Opas Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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