PITTSBURGH SYMPHONY INC
Income Statement
Fiscal Year Start:
Sep 1
Revenues in 2024
$55,173,648
Contributions
43%
Other
19%
Program Services
18%
Government Grants
14%
Investments
4%
Fundraising Events
2%
Membership Dues
0%
Expenses in 2024
$42,722,554
Salaries & Benefits
64%
Other
21%
Fees to Service Providers
5%
Advertising & Promotion
4%
Offices, Occupancy & IT
3%
Depreciation
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$9,703,376
$23,510,596
+142%
Government Grants
$4,237,000
$7,927,150
+87%
Fundraising Events
$1,249,044
$1,290,533
+3%
Program Services
$8,914,150
$10,078,684
+13%
Membership Dues
$0
$0
-
Investments
$2,091,367
$2,108,419
+1%
Other
$4,646,084
$10,258,266
+121%
Total Revenues
$30,841,021
$55,173,648
+79%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$25,686,219
$27,191,341
+6%
Fees to Service Providers
$1,708,858
$2,149,037
+26%
Advertising & Promotion
$1,398,592
$1,678,206
+20%
Offices, Occupancy & IT
$1,319,950
$1,470,894
+11%
Interest
$152,933
$302,556
+98%
Depreciation
$843,685
$975,599
+16%
Other
$8,132,673
$8,954,921
+10%
Total Expenses
$39,242,910
$42,722,554
+9%
Net income
2023
2024
Change
Net income
-$8,401,889
+$12,451,094
-248%
Functional Expenses
Summary
2023
2024
Change
Program
$33,730,026
$36,439,037
+8%
Admin
$3,376,831
$3,760,665
+11%
Fundraising
$2,136,053
$2,522,852
+18%
Total Expenses
$39,242,910
$42,722,554
+9%
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