Omaha Community Foundation
1120 S 101st St Ste 320, Omaha, NE · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $154,195,407 | $131,866,945 | $539,379,956 |
| FY2023 | $124,836,841 | $111,711,767 | $500,416,796 |
| FY2022 | $104,782,157 | $86,307,765 | $446,705,563 |
| FY2021 | $149,448,714 | $102,926,049 | $503,273,793 |
| FY2020 | $171,128,682 | $119,859,242 | $451,493,571 |
| FY2019 | $92,821,876 | $67,525,266 | $374,071,103 |
| FY2018 | $78,307,708 | $60,775,602 | $317,205,140 |
| FY2017 | $51,884,369 | $52,235,630 | $318,281,928 |
| FY2016 | $0 | $65,299,214 | $300,834,259 |
| FY2015 | $74,282,792 | $63,835,907 | $287,353,108 |
| FY2014 | $58,092,034 | $32,568,353 | $284,236,158 |
| FY2013 | $166,842,086 | $27,114,493 | $269,428,388 |
| FY2012 | $24,992,963 | $16,328,599 | $112,798,597 |
| FY2011 | $30,614,486 | $16,572,232 | $96,595,164 |
Form 990 filings
The returns filed by Omaha Community Foundation (EIN 47-0645958), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $118,756,038 | 77% |
| Program service revenue | $10,112,571 | 7% |
| Other revenue | $25,326,798 | 16% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $126,185,255 | 96% |
| Management & general | $4,329,311 | 3% |
| Fundraising | $1,352,379 | 1% |
What the numbers show
- Contributions & grants made up 77% of total revenue in FY2024.
- Program services accounted for 96% of functional expenses, management & general 3%, and fundraising 1%.
- 96% of functional expenses went to program services in FY2024. That is higher than 77.5% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in NE for a state comparison).
- Net assets covered about 49.1 months of expenses at the end of the reporting year. That puts it in the 31st percentile among 470 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NE.
- Total revenue was higher than 99.2% of 485 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NE.
- Total revenue rose from $30,614,486 in FY2011 to $154,195,407 in FY2024. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2016, FY2017).
- The highest revenue on record here is $171,128,682 in FY2020.
- Net assets grew from $96,595,164 to $539,379,956 between FY2011 and FY2024.
- Contributions and grants made up 84% of revenue in FY2011 and 77% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
To serve the community by cultivating generosity and strengthening nonprofits.
IRS status
| Ruling year | 1982 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T31 — Philanthropy, Voluntarism & Grantmaking Foundations (in NE) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Charles and Mary Heider Family Foundation — Omaha, NE · $222,349,532
- Omaha Community Foundation Donor Directed Depository — Omaha, NE · $69,971,511
- Nebraska Community Foundation — Lincoln, NE · $60,942,564
- Lincoln Community Foundation Inc — Lincoln, NE · $51,853,036
- The Lozier Foundation — Omaha, NE · $50,597,216
- Jewish Federation of Omaha Inc — Omaha, NE · $50,050,856
- Peter Kiewit Foundation — Omaha, NE · $49,276,013
- Nebraska Children and Families Foundation — Lincoln, NE · $44,062,974
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.