Pittsburgh International Folk Arts Institute

EIN: 474443871 501(c)(3) Arts, Culture & Humanities

Pittsburgh, PA

Total Revenue
$531,598
Total Expenses
$585,214
Total Assets
$1,087,447
Net Assets
$1,033,630
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
PA
Phone
4122242071
Tax Period
2024-07-01 to 2025-06-30

Pittsburgh International Folk Arts Institute, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $532K in total revenue in fiscal year 2024. Expenses of $585K exceeded revenue, resulting in a 10% operating deficit.

Mission

Preserves & celebrates international cultural heritages through artistic performance while awarding talented performers scholarships to Pittsburgh-based universities for their contributions & dedication to the 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 (2024)

Revenue Breakdown

Contributions & Grants $265,045
Program Service Revenue $186,681
Investment Income $4,318
Other Revenue $75,554
TOTAL REVENUE $531,598

Expense Breakdown

Grants Paid $46,143
Salaries & Benefits $109,936
Fundraising Expenses $27,152
Program Expenses $487,034
Other Expenses $429,135
TOTAL EXPENSES $585,214

Year-over-Year Comparison

2024 2023 Change
Revenue $531,598 $531,731 0.0%
Expenses $585,214 $443,161 +0.3%
Net Income $-53,616 $88,570 -1.6%
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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Governance

Voting Members
12
Independent Members
12
Employees
5
Volunteers
83

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
$0
Total Directors
12
$0
Key Employees
2
$78,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Norma L Bellcoff Board Member 2.00
Director
$0 $0 $0
John Coric Board Member 2.00
Director
$0 $0 $0
Charles Cubelic President 2.00
Officer Director
$0 $0 $0
Dianne French-Melodia Board Member 2.00
Director
$0 $0 $0
John Posavatz Board Member 2.00
Director
$0 $0 $0
Marianna Hurrell Board Member 2.00
Director
$0 $0 $0
Melissa Dunn Board Member 2.00
Officer Director
$0 $0 $0
Mike Wilson Treasurer 2.00
Officer Director
$0 $0 $0
Alyssa Bushunow Executive Director 40.00
Key Emp
$38,000 $0 $38,000
Dr Stephen Kruljac Board Member 2.00
Director
$0 $0 $0
Bronco Brnardic Vice President 2.00
Officer Director
$0 $0 $0
Frank Bozicevic Board Member 2.00
Director
$0 $0 $0
Meghan Moran Secretary 2.00
Director
$0 $0 $0
George Kresovich Artistic Director 20.00
Key Emp
$40,000 $0 $40,000
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 $531,598 $585,214 $1,087,447 $-53,616
2024 No data No data No data No data
2023 $487,691 $493,217 $1,208,402 $-5,526
2023 $487,691 $493,217 $1,208,402 $-5,526
2022 $530,308 $415,103 $1,248,169 $115,205
2021 $172,848 $363,410 $1,281,627 $-190,562
2020 $374,137 $615,076 $1,473,295 $-240,939
2019 $849,583 $891,711 $1,709,112 $-42,128
2018 $521,439 $1,041,956 $1,563,255 $-520,517
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