Pittsburgh Glass Center Inc

Analysis

Pittsburgh Glass Center Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pittsburgh Glass Center Inc reported income of $6.0m and spending of $2.9m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $6.0m (+290%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pittsburgh Glass Center Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Manhattan Community Access Corporation ($6.0m), Irvine Barclay Theatre Operating Co ($6.0m) and Hispanic Society of America ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $177k (6.2% of expenses). Other salaries and wages came to $939k. It paid $450 in professional fundraising fees. At year end it held assets of $19.8m against liabilities of $10.9m, net assets of $8.9m. It reported 41 employees.