Omaha Community Playhouse

Analysis

Omaha Community Playhouse is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in September 1930, 96 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Omaha Community Playhouse reported income of $5.7m and spending of $4.7m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.9m to $5.7m (+47%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Omaha Community Playhouse sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within NE. Charities of a similar size with the same main cause include South Coast Business Employment Corporation ($5.7m), Sustainable Northwest ($5.7m) and Native Movement ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $122k (2.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $9.7m against liabilities of $1.3m, net assets of $8.4m. It reported 87 employees.