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Arts, Culture & Humanities · 2023 Form 990

Pittsburgh Symphony Inc: $30.8M Revenue, $39.2M Expenses

Pittsburgh, Pennsylvania · EIN 250986052 · Filing year 2023

Pittsburgh Symphony Inc reported $30.8M in total revenue, $39.2M in total expenses, and $165.4M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $1.2M (3.84% of revenue). NonprofitTruth efficiency grade: D (35/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
D
Efficiency Score
35/100

Key Facts (2023 Form 990)

Total Revenue
$30.8M
Total Expenses
$39.2M
Total Assets
$165.4M
Reserve Months
50.6 months
Surplus / (Deficit)
$-8,401,889
EIN
250986052
Latest 990 Year
2023
Current-Officer Compensation
$1.2M
Officer Comp % of Revenue
3.84%

Pittsburgh Symphony Inc pulls a D on the efficiency rubric. The composite of 35/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

At $30.8M in 2023 revenue, Pittsburgh Symphony Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Reserves are the limiting factor: Pittsburgh Symphony Inc carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Compensation for current officers and key employees runs $1.2M against $30.8M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. Pittsburgh Symphony Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$30.8M
Revenue
$39.2M
Expenses
$165.4M
Total Assets
$1.2M
Officer Compensation

How Pittsburgh Symphony Inc Compares

Pittsburgh Symphony Inc earns a NonprofitTruth efficiency grade of D (35/100). That is 21 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 3.84% of total revenue. The organization holds 50.6 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$39.2M
Total Expenses
Filing year 2023
$1.2M
Officer Compensation
3.84% of revenue
50.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Pittsburgh Symphony Inc reported $30.8M in revenue against $39.2M in total functional expenses for filing year 2023, holding roughly 50.6 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $1.2M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 3.84% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Pittsburgh Symphony Inc has a NonprofitTruth Efficiency Score of D (35/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Pittsburgh Symphony Inc, Donor FAQ

Pittsburgh Symphony Inc has a NonprofitTruth Efficiency Score of D (35/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Pittsburgh Symphony Inc reports $1.2M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 3.84% of the organization's $30.8M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Pittsburgh Symphony Inc reported $30.8M in annual revenue and $39.2M in total expenses for filing year 2023. The organization holds $165.4M in total assets.

Pittsburgh Symphony Inc holds approximately 50.6 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its D efficiency grade.

Pittsburgh Symphony Inc is a registered 501(c) organization with EIN 250986052, based in Pittsburgh, Pennsylvania. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.