PITTSBURGH BALLET THEATRE INC Charity Report

Public IRS 990 nonprofit record

PITTSBURGH BALLET THEATRE INC

EIN 23-7101094 · Arts, Culture & Humanities (A630)

What they do

SEE SCHEDULE O for THE DESCRIPTION of PITTSBURGH BALLET THEATRE INC.S PRIMARY MISSION.THE BALLET is PITTSBURGHS SOURCE and AMBASSADOR for EXTRAORDINARY BALLET EXPERIENCES THAT GIVE LIFE to THE CLASSICAL TRADITION, NURTURE NEW IDEAS AND, ABOVE ALL, INSPIRE. IT PERPETUATES EXCELLENCE IN THE ART of BALLET THOUGH PERFORMANCES, SUPERIOR TRAINING of STUDENT DANCERS, THROUGH EDUCATION, COMMUNITY ENGAGEMENT and APPRECIATION of THE ART FORM.PITTSBURGH BALLET THEATRE BELIEVES THAT ACHIEVING DIVERSITY IN ITS COMPANY, STAFF, SCHOOL, AUDIENCES and BOARD of TRUSTEES is ESSENTIAL to ACCOMPLISHING ITS STATED MISSION to "PERPETUATE EXCELLENCE IN THE ART of BALLET." PITTSBURGH BALLET THEATRE COMMITS ITSELF to CREATING AN INCLUSIVE ENVIRONMENT of MUTUAL RESPECT and SUPPORT THAT EMBRACES INDIVIDUALITY and is WELCOMING to ALL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders42 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.72%of revenue went to mission work86.3% of expenses · Program services

4.22%of revenue went to fundraising4.6% of expenses

$92.41spent for every $100 of revenueRevenue covered expenses this year.

8.47%of revenue went to management and office costs9.2% of expenses

$2.27in assets for every $1 spent this yearSome assets cannot be spent right away.

48.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $249,971 for ADAM MCKINNEY (ARTISTIC DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$15,022,786

Mission workProgram services$11,975,79679.72% of revenue86.3% of expenses

ManagementOffice and general costs$1,271,7218.47% of revenue9.2% of expenses

FundraisingAsking for donations$634,4244.22% of revenue4.6% of expenses

Revenue left after expensesReported annual surplus$1,140,8457.59% of revenueShown in gray on the chart

Total expenses$13,881,94192.41% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.3% mission · 9.2% management · 4.6% fundraisingTotal expenses: 92.41% of revenue

2023Expense mix: 89.8% mission · 5.2% management · 5.1% fundraisingTotal expenses: 107.81% of revenue

2022Expense mix: 87.5% mission · 7.2% management · 5.3% fundraisingTotal expenses: 123.09% of revenue

2021Expense mix: 82.0% mission · 11.5% management · 6.6% fundraisingTotal expenses: 76.64% of revenue

2020Expense mix: 79.0% mission · 13.7% management · 7.3% fundraisingTotal expenses: 85.78% of revenue

2019Expense mix: 81.7% mission · 11.1% management · 7.2% fundraisingTotal expenses: 111.65% of revenue

2018Expense mix: 80.7% mission · 10.8% management · 8.6% fundraisingTotal expenses: 96.70% of revenue

2017Expense mix: 83.7% mission · 9.2% management · 7.1% fundraisingTotal expenses: 101.14% of revenue

Money in and money out

Revenue$15,022,786

Expenses$13,881,941

Annual surplus $1,140,845 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$11,975,796 · 86.3% of expenses

Management and office costs$1,271,721 · 9.2% of expenses

Fundraising$634,424 · 4.6% of expenses

See all reported dollar amounts

Revenue$15,022,786

Expenses$13,881,941

Assets$31,488,154

Income$26,963,861

Contributions$7,280,322

Mission work (program services)$11,975,796

Fundraising$634,424

Management and general$1,271,721

Executive compensation (total)$617,160

Stocks and bonds$18,585,096

Accounting fees$80,739

Investing fees$87,580

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ADAM MCKINNEYARTISTIC DIRECTOR · 40 hrs/week $249,971Base $219,914 · Other $30,057

NICHOLAS DRAGGAEXECUTIVE DIRECTOR · 40 hrs/week $240,104Base $225,626 · Other $14,478

RAYMOND RODRIGUEZDEAN OF PBT SCHOOL · 40 hrs/week $128,044Base $115,456 · Other $12,588

CINDY ROSE CRAIN DIRECTOR OFFINANCE AND OPERATIONS · 40 hrs/week $127,963Base $122,067 · Other $5,896

LOUIS CASTELLIDIRECTOR OF MARKETING · 40 hrs/week $120,740Base $116,725 · Other $4,015

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (42)

ADAM MCKINNEYARTISTIC DIRECTOR

NICHOLAS DRAGGAEXECUTIVE DIRECTOR

RAYMOND RODRIGUEZDEAN OF PBT SCHOOL

CINDY ROSE CRAIN DIRECTOR OFFINANCE AND OPERATIONS

LOUIS CASTELLIDIRECTOR OF MARKETING

NATALIE MIHALEKTRUSTEE

KATHLEEN MICLOTTRUSTEE

LEROY L METZ IITRUSTEE

LINDSAY POWELLTRUSTEE (ENTERED 02/25)

LISA SAPERSTEINTRUSTEE

MACALUS HOGANTRUSTEE

MARY FINGERTRUSTEE

MARY MCKINNEYTRUSTEE

MELONIE NANCETRUSTEE

JAY COSTA JRTRUSTEE

PEGGY MCKNIGHTTRUSTEE

RICH BEATYTREASURER

RICHARD E RAUHTRUSTEE

SANDRA NICHOLASTRUSTEE

SHELLEY TAYLORTRUSTEE

STEPHANIE SCIULLOTRUSTEE

WINTHROP WATSONTRUSTEE

DEBRA DERMODY ESQSECRETARY

AHMED EL NOKALITRUSTEE (ENTERED 09/24)

ANASTASIA BEDARDTRUSTEE (ENTERED 04/25)

ARIANA ORNELAS SMYTHTRUSTEE

AYANA TETERCHAIR

CAMERA BARLOTTATRUSTEE

CAROLYN M BYHAMTRUSTEE

CONNIE CESARIOTRUSTEE

DAVID F TUTHILLTRUSTEE

DAWN FLEISHNERTRUSTEE

JOSEPH VINCENTTRUSTEE

DENA LAMARTRUSTEE

DONA HOTOPPTRUSTEE

EDWIN BEACHLERTRUSTEE

ELIZABETH TETITRUSTEE

GARFIELD LEMONIUSTRUSTEE

GEOFFREY BONDTRUSTEE

HILARY S TYSONTRUSTEE

JAMES E CROCKARD IIIVICE CHAIR

JANET CAMPBELLTRUSTEE

About this charity

Recognized since: January 1971
Location: 2900 LIBERTY AVE, PITTSBURGH, PA 15201-1511
County: Allegheny
In care of: % JAY ROMANO ACCOUNTANT
Primary officer: NICHOLAS DRAGGA, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinquiry@pittsburghballet.org Phone(412) 281-0360 Officer phone(412) 454-9112

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: SCHNEIDER DOWNS & CO INC
NTEE classification: Arts, Culture & Humanities (A630)
IRS tax category: Dance Companies