CIVIC LIGHT OPERA ASSOCIATION OF G… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Principal Officer

MARK FLEISCHER

Phone

4122813973

Tax Period

2024-01-01 to 2024-12-31

CIVIC LIGHT OPERA ASSOCIATION OF GREATER PITTSBURGH, founded in 1946, is a community nonprofit in the Arts, Culture & Humanities sector that reported $9.8M in total revenue in fiscal year 2024. Expenses of $11.4M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PRESERVE, PERPETUATE AND CREATE THE VERY BEST OF MUSICAL THEATER AND ENCOURAGE ITS APPRECIATION BY PRODUCING AND PRESENTING FIRST-RATE PERFORMANCES AND CONDUCTING EDUCATIONAL OUTREACH PROGRAMS FOR THE ENRICHMENT OF THE COMMUNITY. CLO IS DEDICATED TO THE FUTURE OF THE MUSICAL THEATER ART FORM THROUGH ITS SPECIAL PROGRAMS SUCH AS THE ACADEMY OF MUSICAL THEATER, THE GENE KELLY AWARDS FOR EXCELLENCE IN HIGH SCHOOL MUSICAL THEATER, AND THE CLO/CMU NEW WORKS PROJECT.

Program Service Accomplishments

Program 1

Expenses: $7,213,099 Revenue: $4,706,189

FOR MORE THAN SEVENTY YEARS, THE PITTSBURGH CIVIC LIGHT OPERA HAS BEEN PROVIDING CRITICALLY ACCLAIMED THEATRICAL PRODUCTIONS TO OVER 200,000 PATRONS A YEAR. THE PITTSBURGH CLO'S MAJOR ACTIVITY IS THE PRODUCTION AND PRESENTATION OF A SIX SHOW, MULTI-VENUE SUMMER SEASON OF MUSICALS, WHICH RAN FROM MAY THROUGH SEPTEMBER IN 2024. PRODUCTIONS WERE HELD AT THE BENEDUM THEATER, BYHAM THEATER, AND GREER CABARET IN PITTSBURGH FOR THE CULTURAL ENRICHMENT AND ENJOYMENT OF ITS AUDIENCE AND COMMUNITY. VIBRANT PRODUCTIONS, INNOVATIVE EDUCATIONAL PROGRAMS AND BOLD NEW WORKS WILL CONTINUE TO DEFINE PITTSBURGH CLO AS A LEADER IN THE MUSICAL THEATER INDUSTRY FOR YEARS TO COME.

Program 2

Expenses: $1,130,110 Revenue: $784,066

THE PITTSBURGH CLO'S ACADEMY OF MUSICAL THEATER TRAINS 500 STUDENTS RANGING FROM AGES FIVE THROUGH EIGHTEEN IN VOICE, DANCE AND ACTING. THE MISSION OF THE ACADEMY IS TO TRAIN STUDENTS ACCORDING TO A HIGH PERFORMANCE STANDARD AND TO OFFER STUDENTS AN OPPORTUNITY TO IMPROVE THEIR SKILLS AND ENHANCE THEIR SELF CONFIDENCE WHETHER OR NOT THEY PLAN TO PURSUE A CAREER IN THE PERFORMING ARTS. THROUGHOUT ITS 36-YEAR HISTORY, THE ACADEMY HAS EDUCATED, INSPIRED, AND ENRICHED THE LIVES OF THOUSANDS OF STUDENTS OF ALL AGES, ABILITIES, ASPIRATIONS AND CIRCUMSTANCES. ALSO, UNDER THE DIRECTION OF THE ACADEMY AND THROUGH PARTNERSHIPS WITH OTHER ORGANIZATIONS IN THE PITTSBURGH AREA, THE PITTSBURGH CLO'S INNOVATIVE COMMUNITY OUTREACH PROGRAMS IMPACT THE LIVES OF MANY UNDER-SERVED POPULATIONS.CLO OFFERS IN PERSON AND HYBRID CLASSES, AND CONTINUES TO ADD NEW OPPORTUNITIES TO WORK WITH BROADWAY PROFESSIONALS VIRTUALLY AND CREATES DIGITAL PROGRAMMING.

Program 3

Expenses: $563,157 Revenue: $318,255

THE CABARET AT THEATER SQUARE IS A VENUE FOR SMALL-SCALE MUSICALS AND PROVIDES YEAR-ROUND PRESENCE FOR THE PITTSBURGH CLO. THIS 200-SEAT BLACK BOX SPACE HAS GIVEN THE PITTSBURGH CLO THE OPPORTUNITY TO CROSS MARKET ITS PRODUCTIONS, HAS ADDED A REVENUE SOURCE FOR THE PITTSBURGH CLO AND HAS BECOME AN ECONOMIC CATALYST FOR THE CULTURAL DISTRICT AND CITY OF PITTSBURGH. SINCE IT OPENED IN 2004, MORE THAN 460,000 PEOPLE HAVE BEEN ENTERTAINED AT THE PITTSBURGH CLO CABARET.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,520,727

Program Service Revenue $5,808,510

Investment Income $389,822

Other Revenue $55,791

TOTAL REVENUE $9,774,850

Expense Breakdown

Grants Paid $31,670

Salaries & Benefits $5,282,149

Fundraising Expenses $621,373

Program Expenses $8,906,366

Other Expenses $6,113,945

TOTAL EXPENSES $11,427,764

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,774,850	$9,836,333	0.0%
Expenses	$11,427,764	$13,663,082	-0.2%
Net Income	$-1,652,914	$-3,826,749	-0.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

357

Volunteers

120

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

$328,702

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX OVERSTROM	CHAIRMAN	2.00	Officer Director	$0	$0	$0
EDWARD T KARLOVICH	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHANNA G O'LOUGHLIN	SECRETARY	2.00	Officer Director	$0	$0	$0
JOSEPH DIVITO JR	TREASURER	2.00	Officer Director	$0	$0	$0
PRITAM ADVANI	DIRECTOR	1.00	Director	$0	$0	$0
MEGHAN N BARRERA	DIRECTOR	1.00	Director	$0	$0	$0
JOYCE BENDER	DIRECTOR	1.00	Director	$0	$0	$0
PATTY M BLENKO	EX-OFFICIO/GUILD	1.00	Director	$0	$0	$0
CHRIS BRUSSALIS	DIRECTOR (ENTER 2/24)	1.00	Director	$0	$0	$0
STEPHEN S BLOOMBURG	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL I BOOKER	DIRECTOR	1.00	Director	$0	$0	$0
TONY BENEVENTO	DIRECTOR (EXIT 11/24)	1.00	Director	$0	$0	$0
JOHN DICK	DIRECTOR	1.00	Director	$0	$0	$0
JANE DIXON	DIRECTOR	1.00	Director	$0	$0	$0
CLARE DONAHUE	EX-OFFICIO/GUILD	1.00	Director	$0	$0	$0
GUS ENGEL	DIRECTOR	1.00	Director	$0	$0	$0
LESLEY EVANCHO	DIRECTOR	1.00	Director	$0	$0	$0
JON GALATIS	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE GANS	DIRECTOR	1.00	Director	$0	$0	$0
PETER J GERMAIN	DIRECTOR	1.00	Director	$0	$0	$0
SHERRI GRASAK	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD S HAMILTON	DIRECTOR	1.00	Director	$0	$0	$0
EMILIE HAMMERSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
VICKI HENN	DIRECTOR	1.00	Director	$0	$0	$0
PAUL HENNIGAN	DIRECTOR	1.00	Director	$0	$0	$0
LEON HOFFMAN	DIRECTOR (EXIT 2/24)	1.00	Director	$0	$0	$0
LESLIE HYDE	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET IZZO	DIRECTOR	1.00	Director	$0	$0	$0
DEEDRA KNAUS	DIRECTOR (ENTER 5/24)	1.00	Director	$0	$0	$0
BRIAN KOBLE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE M KOBUS	DIRECTOR	1.00	Director	$0	$0	$0
LAURA PENROD KRONK	EX-OFFICIO/GUILD	1.00	Director	$0	$0	$0
DIANE LANDERS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN A LEMMEX	DIRECTOR	1.00	Director	$0	$0	$0
NICK LIPARULO	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD J LIPOVICH	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT C MCCARTNEY ESQ	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET MCLEAN	EX-OFFICIO/GUILD	1.00	Director	$0	$0	$0
TIM MCVAY	DIRECTOR	1.00	Director	$0	$0	$0
MARK J MINNAUGH	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE M MUSHINSKY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT F NEILL	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA P O'TOOLE	DIRECTOR	1.00	Director	$0	$0	$0
LEAH OHODNICKI	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN RANDALL	DIRECTOR	1.00	Director	$0	$0	$0
MIKE RIZZO	DIRECTOR (EXIT 8/24)	1.00	Director	$0	$0	$0
ERIC A SCHAFFER	DIRECTOR	1.00	Director	$0	$0	$0
GREGG SCHMIDTETTER	DIRECTOR	1.00	Director	$0	$0	$0
LUKE SIZEMORE	EX-OFFICIO/AMBASSADOR	1.00	Director	$0	$0	$0
HELEN SPALARIS	DIRECTOR	1.00	Director	$0	$0	$0
ARLENE SOKOLOW	EX-OFFICIO/GUILD	1.00	Director	$0	$0	$0
LASHAWNDA THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
JOANN TISSUE	DIRECTOR	1.00	Director	$0	$0	$0
JUSTICE DEBRA TODD	DIRECTOR	1.00	Director	$0	$0	$0
GLENN D TODD	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS UNKOVIC	DIRECTOR	1.00	Director	$0	$0	$0
CARLA J VRSANSKY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL F WALSH	DIRECTOR (EXIT 2/24)	1.00	Director	$0	$0	$0
JAKE WHEATLEY JR	DIRECTOR	1.00	Director	$0	$0	$0
YARONE ZOBER	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY K ZIMMERMAN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE A DAVIDSON JR	EX-OFFICIO CHAIRMAN	1.00	Director	$0	$0	$0
JOSEPH C GUYAUX	EX-OFFICIO/GUILD	1.00	Director	$0	$0	$0
HELEN HANNA CASEY	EX-OFFICIO CHAIRMAN	1.00	Director	$0	$0	$0
WILLIAM LAMBERT	EX-OFFICIO CHAIRMAN	1.00	Director	$0	$0	$0
MARK FLEISCHER	EXECUTIVE PRODUCER	40.00	Officer	$198,207	$9,325	$207,532
ANGELA LANGILL DIRECTOR OF	FINANCE & ADMINISTRATION	40.00	Officer	$111,870	$9,300	$121,170
WYNNE FEDELE	DIRECTOR OF DEVELOPMENT	40.00	Highest	$112,520	$9,300	$121,820

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	$9,774,850	$11,427,764	$11,379,312	$-1,652,914
2023	$9,836,333	$13,663,082	$11,396,287	$-3,826,749
2022	$11,859,936	$12,864,855	$14,852,415	$-1,004,919
2022	$2,806,605	$2,114,593	$15,122,680	$692,012
2021	$7,903,885	$6,088,879	$18,382,442	$1,815,006
2020	$6,319,916	$6,534,912	$14,416,950	$-214,996
2019	$11,524,811	$13,730,149	$15,152,556	$-2,205,338
2018	$13,155,921	$13,557,680	$16,777,471	$-401,759

CIVIC LIGHT OPERA ASSOCIATION OF GREATER PITTSBURGH