PITTSBURGH YOUTH CHORUS

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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

1983

Legal Domicile

Principal Officer

NICOL WILZER

Phone

4122814790

Tax Period

2024-06-01 to 2025-05-31

PITTSBURGH YOUTH CHORUS, founded in 1983, is a small nonprofit in the Arts, Culture & Humanities sector that reported $389K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $495K exceeded revenue, resulting in a 27% operating deficit.

Mission

THROUGH THE JOY AND POWER OF SINGING, PITTSBURGH YOUTH CHORUS IS EMPOWERING AND INSPIRING A DIVERSE AND INCLUSIVE COLLECTIVE OF OUR REGION'S YOUNG PEOPLE FOR A LIFETIME OF PERSONAL AND COMMUNITY LEADERSHIP - OFFERING TRANSFORMATIONAL OPPORTUNITIES IN CHORAL MUSIC, MAKING A SIGNIFICANT INVESTMENT IN PITTSBURGH'S CULTURAL LANDSCAPE, AND SERVING AS AN EXEMPLAR FOR HOW SINGING CAN IMPACT THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $393,331 Revenue: $233,386

THROUGH THE JOY AND POWER OF SINGING, PITTSBURGH YOUTH CHORUS IS EMPOWERING AND INSPIRING A DIVERSE AND INCLUSIVE COLLECTIVE OF OUR REGION'S YOUNG PEOPLE FOR A LIFETIME OF PERSONAL AND COMMUNITY...

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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 $160,383

Program Service Revenue $233,386

Investment Income $942

Other Revenue $-5,359

TOTAL REVENUE $389,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $334,368

Fundraising Expenses $43,018

Program Expenses $393,331

Other Expenses $160,711

TOTAL EXPENSES $495,079

Year-over-Year Comparison

	2024	2023	Change
Revenue	$389,352	$275,725	+0.4%
Expenses	$495,079	$481,847	+0.0%
Net Income	$-105,727	$-206,122	-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

Volunteers

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

$71,118

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE SAVILL-IKSIC	FORMER EXECU	40.00	Officer	$71,118	$0	$71,118
KATHY BYNUM	BOARD MEMBER	1.00	Director	$0	$0	$0
ANTHONY CHIANCONE	TREASURER	3.00	Officer Director	$0	$0	$0
A PATRICIA DIULUS-MYERS	BOARD MEMBER	1.00	Director	$0	$0	$0
TORRANCE GRICKS	PRESIDENT	5.00	Officer Director	$0	$0	$0
MEGAN JONES	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
MEREDITH KEY	BOARD MEMBER	3.00	Director	$0	$0	$0
CAROL NIEDRINGHAUS	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDSEY NOVA	BOARD MEMBER	1.00	Director	$0	$0	$0
TAIA PANDOLFI	BOARD MEMBER	3.00	Director	$0	$0	$0
BEN PILCHER	SECRETARY	3.00	Officer Director	$0	$0	$0
VICTORIA TOUSCANY	BOARD MEMBER	3.00	Director	$0	$0	$0
NICOL WILZER	EXECUTIVE DI	40.00	Officer	$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
2025	$389,352	$495,079	$82,811	$-105,727
2024	$275,725	$481,847	$204,139	$-206,122
2023	$452,673	$418,816	$362,903	$33,857
2022	$405,696	$413,067	$339,870	$-7,371
2021	$361,146	$324,028	$410,449	$37,118
2020	$328,439	$370,466	$323,237	$-42,027