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Charity Rating

The Pittsburgh Cultural Trust
803 Liberty Avenue
Pittsburgh, PA 15222
tel: (412) 471-6070
EIN: 25-1469002

Contact Email
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Board Leadership

David L. Porges
Chair

CEO

Kevin McMahon
President


Give From Your Donor Advised Fund

Arts, Culture, Humanities : Performing Arts

The Pittsburgh Cultural Trust

Developing and revitalizing the Pittsburgh cultural district

 
  Score
(out of 100)
Rating
Overall 89.70 3 stars
  Financial 90.46 4 stars
  Accountability & Transparency 89.00 3 stars
This rating was published 04/01/2016 and includes data from FY2014, the most recent 990 received at that time.

Overall Rating Chart

Learn more about how we calculate the overall score and rating.

Financial Performance Metrics
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
93.3%
  Administrative Expenses 4.0%
  Fundraising Expenses 2.5%
  Fundraising Efficiency $0.15
  Primary Revenue Growth 5.5%
  Program Expenses Growth 5.2%
  Working Capital Ratio (years) 1.56
All data for Financial Performance Metrics calculations was provided by The Pittsburgh Cultural Trust on recent 990s filed with the IRS.

Income Statement     (FYE 12/2014)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,435,088
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $468,000
   Related Organizations $192,287
   Government Grants $1,268,446
Total Contributions $9,363,821
   Program Service Revenue $44,346,522
Total Primary Revenue $53,710,343
   Other Revenue $77,030
TOTAL REVENUE $53,787,373
   
EXPENSES  
   Program Expenses $51,298,680
   Administrative Expenses $2,241,359
   Fundraising Expenses $1,412,600
TOTAL FUNCTIONAL EXPENSES $54,952,639
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,165,266
   
Net Assets $121,057,488

Charts

Compensation of Leaders     (FYE 12/2014)

Compensation % of Expenses Paid to Title
$647,864 1.17% J. Kevin McMahon President, CEO

Mission

The Pittsburgh Cultural Trust was formed in 1984 to stimulate the economic and cultural development of Pittsburgh through the development and promotion of a downtown arts and entertainment district. Encouraging and presenting diverse performing and visual arts programs in the Cultural District, the Trust has helped transform Pittsburgh's Downtown to a vibrant animated area with over fourteen cultural facilities, public parks and plazas, and new and proposed commercial development. Additionally, the Trust is committed to providing educational experiences to a multicultural audience of all ages, working with arts organizations, universities, corporations, and educators to develop educational and entertaining programs that nurture an appreciation for the arts.

Charities Performing Similar Types of Work

Highly Rated

Charity Name & State Overall Score Overall Rating
The Pittsburgh Cultural Trust (PA) 89.70 3 stars
Denver Center for the Performing Arts (CO) 85.84 3 stars
Brooklyn Academy of Music (NY) 88.32 3 stars
New 42nd Street (NY) 90.04 4 stars
Maui Arts & Cultural Center (HI) 86.05 3 stars

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Charity Name & State Overall Score Overall Rating
The Pittsburgh Cultural Trust (PA) 89.70 3 stars
The John F. Kennedy Center for the Performing Arts (DC) 92.28 4 stars
Apollo Theater Foundation (NY) 88.93 3 stars
Lincoln Center for the Performing Arts (NY) 84.42 3 stars
American Cinematheque (CA) 88.90 3 stars

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