ASSOCIATED ARTISTS OF PITTSBURGH

EIN: 256056371 501(c)(3) Arts, Culture & Humanities

PITTSBURGH, PA

Total Revenue
$236,724
Total Expenses
$268,676
Total Assets
$715,380
Net Assets
$533,589
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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
1930
Legal Domicile
PA
Principal Officer
MADELINE L GENT
Phone
4123611370
Tax Period
2023-07-01 to 2024-06-30

ASSOCIATED ARTISTS OF PITTSBURGH, founded in 1930, is a small nonprofit in the Arts, Culture & Humanities sector that reported $237K in total revenue in fiscal year 2023. Expenses of $269K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS THE PROMOTION OF VISUAL ART THROUGH VISUAL AND VERBAL PRESENTATIONS AND EDUCATIONAL OUTREACH PROGRAMS. THE ORGANIZATION PROVIDES A PLACE FOR NEW ART AND ATTEMPTS TO STIMULATE AND EXPAND THE PUBLIC'S UNDERSTANDING AND PARTRONAGE OF THE ARTS.

Program Service Accomplishments

Program 1
Expenses: $134,244 Revenue: $45,144

THE ORGANIZATION PLANS AND ARRANGES FOR VARIOUS ART EXHIBITS TO BE DISPLAYED IN AND AROUND THE CITY OF PITTSBURGH.

Program 2
Expenses: $5,191 Revenue: $7,304

THE ORGANIZATION PROVIDES RESOURCES AND SPECIAL WORKSHOPS FOR LOCAL SCHOOL DISTRICTS TO FURTHER EDUCATE VISUAL ARTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $166,605
Program Service Revenue $52,448
Investment Income $17,171
Other Revenue $500
TOTAL REVENUE $236,724

Expense Breakdown

Grants Paid $0
Salaries & Benefits $128,781
Fundraising Expenses $28,709
Program Expenses $139,435
Other Expenses $139,895
TOTAL EXPENSES $268,676

Year-over-Year Comparison

2023 2022 Change
Revenue $236,724 $246,204 0.0%
Expenses $268,676 $304,112 -0.1%
Net Income $-31,952 $-57,908 -0.4%
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

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Governance

Voting Members
14
Independent Members
14
Employees
4
Volunteers
60

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
5
$69,526
Total Directors
16
$69,526
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS KING PRESIDENT 4.00
Officer Director
$0 $0 $0
REBECCA L WEISNER TREASURER 4.00
Officer Director
$0 $0 $0
ANN THOMPSON BOARD MEMBER 4.00
Director
$0 $0 $0
MADELINE L GENT EXECUTIVE DIRECTOR 40.00
Officer Director
$66,526 $3,000 $69,526
SONJA FINN BOARD MEMBER (THRU DEC 2023) 4.00
Director
$0 $0 $0
DANA BISHOP-ROOT BOARD MEMBER 4.00
Director
$0 $0 $0
SHEILA CUELLAR-SHAFFER FIRST VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
MAUREEN VISSAT KOCHANEK BOARD MEMBER 4.00
Director
$0 $0 $0
GAVIN BENJAMIN BOARD MEMBER 4.00
Director
$0 $0 $0
CORY BONNETT BOARD MEMBER 4.00
Director
$0 $0 $0
VERONICA JANCUK BOARD MEMBER 4.00
Director
$0 $0 $0
STEPHANIE TSONG BOARD MEMBER 4.00
Director
$0 $0 $0
MATTHEW D'ASCENZO SECRETARY 4.00
Officer Director
$0 $0 $0
MARINA BALKO BOARD MEMBER 4.00
Director
$0 $0 $0
ERIN RIGGI BOARD MEMBER 4.00
Director
$0 $0 $0
LIZ RUDNICK BOARD MEMBER 4.00
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
2025 No data No data No data No data
2024 $236,724 $268,676 $715,380 $-31,952
2023 $246,204 $304,112 $735,252 $-57,908
2022 $227,104 $287,574 $624,583 $-60,470
2021 $339,132 $222,285 $824,822 $116,847
2020 $266,560 $231,829 $691,536 $34,731
2019 $175,141 $246,097 $596,960 $-70,956
2018 $193,837 $190,156 $667,458 $3,681
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