CARNEGIE LIBRARY OF PITTSBURGH (EIN 250965281) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1895

Legal Domicile

Principal Officer

ANDREW MEDLAR

Phone

4126223104

Tax Period

2024-01-01 to 2024-12-31

CARNEGIE LIBRARY OF PITTSBURGH, founded in 1895, is a mid-sized nonprofit in the Education sector that reported $47.3M in total revenue in fiscal year 2024. Expenses of $45.5M left a modest 4% surplus.

Mission

TO FOSTER LITERACY, ENABLE EXPLORATION, AND CREATE CONNECTIONS WITH ALL OUR NEIGHBORS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $43,520,474

Program Service Revenue $204,627

Investment Income $2,812,352

Other Revenue $806,779

TOTAL REVENUE $47,344,232

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,342,977

Fundraising Expenses $1,083,330

Program Expenses $38,756,992

Other Expenses $19,118,612

TOTAL EXPENSES $45,461,589

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,344,232	$47,334,364	+0.0%
Expenses	$45,461,589	$43,750,113	+0.0%
Net Income	$1,882,643	$3,584,251	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

561

Volunteers

163

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$666,788

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW MEDLAR	PRESIDENT &	37.50	Officer	$258,777	$33,167	$291,944
LINDA BARSEVICH	DIR FINANCE	37.50	Officer	$171,768	$27,671	$199,439
KARLYN VOSS	DIR EXT & GO	37.50	Officer	$148,043	$27,362	$175,405
MARY MONAGHAN	DIR PUBLIC S	37.50	Highest	$155,896	$16,942	$172,838
RON GRAZIANO	DIR FACILITI	37.50	Highest	$146,572	$25,925	$172,497
DEBORAH ROGERS	DIR IDEA	37.50	Highest	$126,486	$13,900	$140,386
PAUL VANDERWIEL	DIR HUMAN RE	37.50	Highest	$134,968	$26,690	$161,658
MOLLY BENNETT	DIR COMMUNIC	37.50	Highest	$138,530	$9,763	$148,293
MARC BROWN	CHAIR	5.00	Officer Director	$0	$0	$0
LASHAWNDA THOMAS	VICE CHAIR	5.00	Officer Director	$0	$0	$0
LAURA MILLER	VICE CHAIR	5.00	Officer Director	$0	$0	$0
ERIKA STRASSBURGER	SECRETARY	5.00	Officer Director	$0	$0	$0
SUE KIRSCH	TREASURER	5.00	Officer Director	$0	$0	$0
MOLLY BREAN	TRUSTEE	5.00	Director	$0	$0	$0
JOEL BERNARD	TRUSTEE	5.00	Director	$0	$0	$0
NICK CERTO JOINED IN 2024	TRUSTEE	1.00	Director	$0	$0	$0
JAY COSTA	TRUSTEE	1.00	Director	$0	$0	$0
KENYOKEE CROWELL	TRUSTEE	1.00	Director	$0	$0	$0
SAM DEMARCO	TRUSTEE	1.00	Director	$0	$0	$0
PATRICK DOWD	TRUSTEE	5.00	Director	$0	$0	$0
AMY ERICSON	TRUSTEE	1.00	Director	$0	$0	$0
TRISHA GADSON	TRUSTEE	5.00	Director	$0	$0	$0
DEB GROSS	TRUSTEE	1.00	Director	$0	$0	$0
BETHANY HALLAM	TRUSTEE	1.00	Director	$0	$0	$0
CAROLYN HESS ABRAHAM	TRUSTEE	1.00	Director	$0	$0	$0
JAMES HILL	TRUSTEE	1.00	Director	$0	$0	$0
R DANIEL LAVELLE JOINED IN 2024	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW MCEVOY	TRUSTEE	1.00	Director	$0	$0	$0
LAFE METZ	TRUSTEE	1.00	Director	$0	$0	$0
DAN MILLER	TRUSTEE	1.00	Director	$0	$0	$0
ALICE MITINGER	TRUSTEE	1.00	Director	$0	$0	$0
DEBORAH MOSS	TRUSTEE	1.00	Director	$0	$0	$0
JAKE PAWLAK	TRUSTEE	1.00	Director	$0	$0	$0
JAMIE PIOTROWSKI JOINED IN 2024	TRUSTEE	1.00	Director	$0	$0	$0
CARY REED JOINED IN 2024	TRUSTEE	1.00	Director	$0	$0	$0
JOHN RHOADES JOINED IN 2024	TRUSTEE	1.00	Director	$0	$0	$0
CAROL ROBINSON	TRUSTEE	1.00	Director	$0	$0	$0
PAT SIGER	TRUSTEE	5.00	Director	$0	$0	$0
GIA TATONE	TRUSTEE	5.00	Director	$0	$0	$0
LOU TESTONI	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA WARWICK JOINED IN 2024	TRUSTEE	1.00	Director	$0	$0	$0
ALLEGRA WILES	TRUSTEE	1.00	Director	$0	$0	$0
GREGORY ZOVKO	TRUSTEE	1.00	Director	$0	$0	$0
THERESA KAIL SMITH UNTIL JAN 2024	TRUSTEE	1.00	Director	$0	$0	$0
SYLVIA WILSON UNTIL JAN 2024	TRUSTEE	1.00	Director	$0	$0	$0
BRUCE KRAUS UNTIL JAN 2024	TRUSTEE	1.00	Director	$0	$0	$0
FRANCES JORDAN UNTIL MAR 2024	TRUSTEE	1.00	Director	$0	$0	$0
JIM GALITSIS UNTIL MAY 2024	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA LOGAN UNTIL OCT 2024	TRUSTEE	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$47,344,232	$45,461,589	$141,307,339	$1,882,643
2023	$47,334,364	$43,750,113	$138,393,551	$3,584,251
2022	$46,258,283	$38,704,097	$128,546,025	$7,554,186
2021	$43,541,952	$36,902,534	$129,763,715	$6,639,418
2020	$41,860,452	$35,460,265	$120,259,666	$6,400,187
2019	$40,570,056	$36,912,968	$105,240,136	$3,657,088
2018	$45,042,306	$37,439,012	$97,087,144	$7,603,294

CARNEGIE LIBRARY OF PITTSBURGH