PITTSBURGH, PA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)PITTSBURGH OPERA INC, founded in 1955, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.0M in total revenue in fiscal year 2023. Expenses of $8.7M exceeded revenue, resulting in a 23% operating deficit.
THE MISSION OF PITTSBURGH OPERA, INC. IS TO ENRICH PITTSBURGH AND THE TRI-STATE AREA CULTURALLY AND TO DRAW NATIONAL AND INTERNATIONAL ATTENTION TO THE REGION. THIS COMMITMENT IS COMPRISED OF FOUR GOALS: CREATING OPERA PRODUCTIONS WHICH MEET AND PRESERVE THE HIGHEST STANDARDS OF ARTISTIC EXCELLENCE; CONVEYING THE OPERATIC ARTS IN WAYS THAT MAKE THE ART FORM INTELLECTUALLY AND FINANCIALLY ACCESSIBLE TO A DIVERSE AUDIENCE; PROVIDING EDUCATIONAL OPPORTUNITIES TO DEVELOP YOUNG SINGERS INTO TOMORROW'S ARTISTS; AND ENSURING THE FUTURE OF THE COMPANY THROUGH RESPONSIBLE FISCAL MANAGEMENT TODAY.
PITTSBURGH OPERA'S CORE PROGRAMMING INITIATIVE IS THE FOSTERING, DEVELOPMENT AND SUPPORT OF MUSIC AND OPERA ALONG WITH THE PRESENTATION OF PRODUCTIONS IN A VARIETY OF MUSICAL AND DRAMATIC STYLES...
PITTSBURGH OPERA'S CORE PROGRAMMING INITIATIVE IS THE FOSTERING, DEVELOPMENT AND SUPPORT OF MUSIC AND OPERA ALONG WITH THE PRESENTATION OF PRODUCTIONS IN A VARIETY OF MUSICAL AND DRAMATIC STYLES, DRAWN FROM THE COMPLETE OPERATIC REPERTOIRE. CASTS INCLUDE INTERNATIONALLY RENOWNED ARTISTS PERFORMING WITH PITTSBURGH OPERA'S CHORUS AND ORCHESTRA IN PRODUCTIONS FROM AROUND THE WORLD. PITTSBURGH OPERA ATTRACTS A DIVERSE AUDIENCE OF MORE THAN 25,000 MUSIC-LOVERS TO THESE PERFORMANCES, MAKING A SIGNIFICANT CONTRIBUTION TO THE ECONOMIC HEALTH AND SOCIAL VITALITY OF PITTSBURGH'S CULTURAL DISTRICT. IN THE 2023-2024 SEASON, THE OPERA PRODUCED THREE OPERAS AT THE BENEDUEM CENTER AND ONE PRODUCTION AT THE BYHAM THEATRE, RESPECTIVELY FOR A TOTAL OF SIXTEEN PERFORMANCES.
PITTSBURGH OPERA'S RESIDENT ARTIST TRAINING PROGRAM IS AN INTENSIVE PROGRAM DESIGNED TO DEVELOP THE TALENTS OF EMERGING VOCAL ARTISTS AND STAGE DIRECTORS. THE PROGRAM PROVIDES PRACTICAL EXPERIENCE TO...
PITTSBURGH OPERA'S RESIDENT ARTIST TRAINING PROGRAM IS AN INTENSIVE PROGRAM DESIGNED TO DEVELOP THE TALENTS OF EMERGING VOCAL ARTISTS AND STAGE DIRECTORS. THE PROGRAM PROVIDES PRACTICAL EXPERIENCE TO THESE ARTISTS THROUGH PERFORMANCES IN THE OPERA'S MAINSTAGE PRODUCTIONS AS WELL AS TWO RESIDENT ARTIST PRODUCTIONS. THE PROGRAM INCLUDES AN INDIVIDUAL COURSE OF STUDY DESIGNED TO ESTABLISH A COMPREHENSIVE FOUNDATION FOR THE EMERGING OPERA SINGER'S BURGEONING CAREER, INCLUDING VOCAL COACHING, CAREER MANAGEMENT COUNSELING, MEDIA COACHING AND MASTER CLASSES WITH OPERATIC EXPERTS, ALL DELIVERED IN AN ENVIRONMENT THAT IS SUPPORTIVE AND NURTURING SO THAT SINGERS CAN EXPERIMENT, LEARN AND GROW AS INTERPRETIVE ARTISTS. FOR THE RESIDENT ARTIST PROGRAM I THE 2023-2024 SEASON, THE COMPANY PRODUCED TWO FULLY-STAGED PRODUCTIONS WITH ORCHESTRA FOR A TOTAL OF EIGHT PERFORMANCES. EACH EACH YEAR THE PROGRAM RECEIVES OVER 850 APPLICATIONS AND AUDITIONS OVER 350 SINGERS FOR 7-8 POSITONS.
PITTSBURGH OPERA'S EDUCATION PROGRAMS ARE DESIGNED TO BRING OPERA CLOSER TO THE COMMUNITY AND TO BROADEN UNDERSTANDING OF AND ENTHUSIASM FOR THE ART FORM AMONG PEOPLE OF ALL AGES. PROGRAMMING...
PITTSBURGH OPERA'S EDUCATION PROGRAMS ARE DESIGNED TO BRING OPERA CLOSER TO THE COMMUNITY AND TO BROADEN UNDERSTANDING OF AND ENTHUSIASM FOR THE ART FORM AMONG PEOPLE OF ALL AGES. PROGRAMMING INCLUDES LECTURES, DEMONSTRATIONS, STAGED PERFORMANCES, WORKSHOPS, CONCERTS AND RECITALS THAT INTRODUCE OPERA TO STUDENTS FROM GRADES PRE-K TO COLLEGE, AND THAT ENHANCE APPRECIATION OF OPERA AMONG ADULT LIFELONG LEARNERS. OTHER ACTIVITIES MAKE OPERA ACCESSIBLE TO PEOPLE WITH DISABILITIES AND PROVIDE EDUCATORS WITH THE RESOURCES THEY NEED TO INTEGRATE THE STUDY OF OPERA AND TO ADDRESS STATE ACADEMIC STANDARDS IN ALL CONTENT AREAS. PITTSBURGH OPERA HAS OVER 30 EDUCATION PROGRAMS AND PROVIDES SERVICES TO 20,000 PARTICIPANTS ANNUALLY. EDUCATION PROGRAMS IMPACT OVER 900 EDUCATORS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $7,043,681 | $7,306,505 | 0.0% |
| Expenses | $8,654,094 | $8,522,050 | +0.0% |
| Net Income | $-1,610,413 | $-1,215,545 | +0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHRISTOPHER HAHN | GENERAL DIRECTOR | 55.00 |
Officer
Director
|
$311,196 | $11,921 | $323,117 |
| MICHELE FABRIZI | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| EUGENE WELSH | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTOPHER CARSON ESQ | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| H WOODRUFF TURNER ESQ | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAREK ABDALLA | BOARD MEMBER (EXITED 08/23) | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROLINE BARENSFELD | BOARD MEMBER (EXITED 11/23) | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID M BELCZYK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN BINKLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANCOIS BITZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT BRAND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARILYN BRUSCHI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR LISA CIBIK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LYDIA CONTIS MD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| VIRGINIA DIPUCCI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE ETTSALLER | BOARD MEMBER (ENTERED 03/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| DONALD FISCHER MD | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| HILDA FU | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| KAREN ROCHE GALEY MD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALICE GELORMINO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL GITNIK | BOARD MEMBER (EXITED 02/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEXANDRA CIBIK GOOD ESQ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT A JAMES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS JAMES MD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CLYDE B JONES III | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CINDY KERR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ARTHUR KERR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD LEBEAU | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JANE LOVE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ABBY MORRISON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| I HALE OLIVER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD PAGLIARI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SRI PALANISAMY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DEMETRIOS T PATRINOS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM POLLER MD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GABRIELA A PORGES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS PRITCHARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBIN RANDALL | BOARD MEMBER (ENTERED 03/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| DOMINIC RUPPRECHT | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| SHARON SCLABASSI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN SEIBERT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CELIA SOEHNER ESQ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JONNET SOLOMON | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JANET SQUIRES | BOARD MEMBER (ENTERED 12/23) | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN TIPPINS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN TRAINA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY TRAINA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT RAKDIR OF FINTHRU | 01/24) MANAGING DIR. (EFF. 01/24) | 40.00 |
Officer
|
$105,998 | $24,726 | $130,724 |
| MICHAEL BRAXTON | DIRECTOR OF DEVELOPMENT | 40.00 |
Highest
|
$170,746 | $10,519 | $181,265 |
| REBEKAH DIAZ DIRECTOR OF | IDEA AND COMMUNITY INITIATIVES | 40.00 |
Highest
|
$101,059 | $8,821 | $109,880 |
| CHRISTIAN COX | DIRECTOR OF MARKTEING | 40.00 |
Highest
|
$110,045 | $9,209 | $119,254 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $7,043,681 | $8,654,094 | $33,997,594 | $-1,610,413 |
| 2023 | $7,306,505 | $8,522,050 | $34,078,264 | $-1,215,545 |
| 2022 | $15,132,156 | $7,385,509 | $33,685,056 | $7,746,647 |
| 2021 | $6,188,639 | $4,383,041 | $30,661,047 | $1,805,598 |
| 2020 | $7,929,497 | $6,418,496 | $25,367,502 | $1,511,001 |
| 2019 | $7,109,290 | $7,336,667 | $24,563,935 | $-227,377 |
| 2018 | $8,228,556 | $7,473,393 | $24,937,207 | $755,163 |
Compare PITTSBURGH OPERA INC with other nonprofits in Pennsylvania and across the country.