THE MATTRESS FACTORY LTD

EIN: 251338941 501(c)(3) Arts, Culture & Humanities

PITTSBURGH, PA

Total Revenue
$2,311,677
Total Expenses
$2,327,737
Total Assets
$7,733,916
Net Assets
$6,321,813
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
PA
Principal Officer
DAVID ORESICK
Phone
4122313169
Tax Period
2025-01-01 to 2025-12-31

THE MATTRESS FACTORY LTD, founded in 1977, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2025. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $6.3M represent 33 months of operating reserves.

Mission

THE MATTRESS FACTORY IS AN ARTIST-CENTERED MUSEUM, INTERNATIONAL RESIDENCY PROGRAM AND RENOWNED PRODUCER AND PRESENTER OF INSTALLATION ART. WE SAY "YES" TO ARTISTS, OFFERING TIME AND SPACE TO DREAM AND REALIZE PROJECTS IN OUR HOMETOWN, PITTSBURGH, PA. WE INVITE AUDIENCES FROM AROUND THE WORLD AND AROUND THE CORNER TO STEP INSIDE, IMMERSE AND CONNECT WITH THE ARTISTIC PROCESS.

Program Service Accomplishments

Program 1
Expenses: $749,108 Revenue: $552,978

ARTISTIC PROGRAM - EXHIBITION COSTS INCLUDING MATERIALS, LABOR, ARTIST STIPENDS, TRAVEL AND HOUSING, MARKETING EXPENSES, CURATORIAL AND ARCHIVAL STAFF SALARIES AND BENEFITS, COLLECTION MAINTENANCE...

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ARTISTIC PROGRAM - EXHIBITION COSTS INCLUDING MATERIALS, LABOR, ARTIST STIPENDS, TRAVEL AND HOUSING, MARKETING EXPENSES, CURATORIAL AND ARCHIVAL STAFF SALARIES AND BENEFITS, COLLECTION MAINTENANCE, AND FACILITY AND ADMINISTRATIVE COSTS.

Program 2
Expenses: $166,067 Revenue: $15,982

EDUCATION PROGRAM PROVIDE A LARGE VARIETY OF EDUCATION PROGRAMS PROVIDED FOR FREE OR AT LOW-COST. PROGRAMS SERVE LEARNERS OF ALL AGES, INCLUDING STUDENTS, TEACHERS AND FAMILIES IN OUR URBAN...

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EDUCATION PROGRAM PROVIDE A LARGE VARIETY OF EDUCATION PROGRAMS PROVIDED FOR FREE OR AT LOW-COST. PROGRAMS SERVE LEARNERS OF ALL AGES, INCLUDING STUDENTS, TEACHERS AND FAMILIES IN OUR URBAN NEIGHBORHOOD. STANDING PROGRAMS INCLUDE GUIDED TOURS, AFTER SCHOOL PROGRAMS, CLASSES FOR FAMILIES, FREE ADMISSION DAYS, TEEN PROGRAMS, SCHOOL PROGRAMS AND EXTENSIVE OUTREACH PROGRAMS. DIGITAL PROGRAMMING OFFERED AS WELL WHERE APPLICABLE.

Program 3
Expenses: $503,060

VISITOR SERVICES IN A POST-COVID ENVIRONMENT, THE MATTRESS FACTORY CONTINUES TO WELCOME THOUSANDS OF IN-PERSON VISITORS. FRONT OF HOUSE STAFF INCLUDES GALLERY ATTENDANTS, MF SHOP AND CAF STAFF AS...

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VISITOR SERVICES IN A POST-COVID ENVIRONMENT, THE MATTRESS FACTORY CONTINUES TO WELCOME THOUSANDS OF IN-PERSON VISITORS. FRONT OF HOUSE STAFF INCLUDES GALLERY ATTENDANTS, MF SHOP AND CAF STAFF AS WELL AS FACILITIES AND ADMINISTRATIVE PERSONNEL.

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,565,858
Program Service Revenue $568,960
Investment Income $72,672
Other Revenue $104,187
TOTAL REVENUE $2,311,677

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,063,231
Fundraising Expenses $36,039
Program Expenses $1,992,643
Other Expenses $1,264,506
TOTAL EXPENSES $2,327,737

Year-over-Year Comparison

2025 2024 Change
Revenue $2,311,677 $2,933,659 -0.2%
Expenses $2,327,737 $2,283,622 +0.0%
Net Income $-16,060 $650,037 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
32
Volunteers
16

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
4
$119,660
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL KOSTIEW TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH CHODOS TRUSTEE 1.00
Director
$0 $0 $0
BRIAN WONGCHAOWART SECRETARY 1.00
Officer Director
$0 $0 $0
ALAN WELLS TRUSTEE 1.00
Director
$0 $0 $0
MARY NAVARRO TRUSTEE 1.00
Director
$0 $0 $0
ZACH MALONE TRUSTEE 1.00
Director
$0 $0 $0
ANDI IRWIN TRUSTEE 1.00
Director
$0 $0 $0
RACHEL SCHMIDHOFER TRUSTEE 1.00
Director
$0 $0 $0
JEFFREY AUGUSTINE SONGCO TRUSTEE 1.00
Director
$0 $0 $0
ROBERT STRAUSS TRUSTEE 1.00
Director
$0 $0 $0
JOHN LANTZ TREASURER 1.00
Officer Director
$0 $0 $0
PHILLIP CROOK TRUSTEE 1.00
Director
$0 $0 $0
LISA CIBIK TRUSTEE 1.00
Director
$0 $0 $0
RACHAEL HEISLER TRUSTEE 1.00
Director
$0 $0 $0
SHERRY DUCARME CHAIR 1.00
Officer Director
$0 $0 $0
ELAINE STONE TRUSTEE 1.00
Director
$0 $0 $0
DAVID ORESICK EXECUTIVE DIRECTOR 38.50
Officer
$105,911 $13,749 $119,660
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
2025 $2,311,677 $2,327,737 $7,733,916 $-16,060
2024 $2,933,659 $2,283,622 $7,777,406 $650,037
2023 $2,207,638 $2,621,860 $6,277,931 $-414,222
2022 $3,026,335 $2,692,786 $6,609,381 $333,549
2021 $2,768,754 $2,330,411 $6,739,687 $438,343
2020 $1,919,268 $1,947,808 $6,389,147 $-28,540
2019 $2,293,654 $2,326,983 $6,057,729 $-33,329
2018 $2,432,257 $2,586,829 $6,119,606 $-154,572
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