2025-05-23T07:57:01-05:00 2022-12-31 251637458 LOUIS PLUNG & COMPANY LLP 420 FT DUQUESNE BLVD STE 1900 PITTSBURGH PA 15222 990 2022-01-01 251342994 PITTSBURGH FESTIVAL OPERA PITT 4126211499 159 PERRY HIGHWAY PITTSBURGH PA 15229 MICHAEL KNAUB BOARD CHAIR 4126211499 2025-05-12 1 1 LINDSAY ANDREWS P01332714 4122818771 2022 2025-03-06 01:10:19Z MICHAEL KNAUB 159 PERRY HIGHWAY PITTSBURGH PA 15229 628102 0 X PITTSBURGHFESTIVALOPERA.ORG X 1978 PA PITTSBURGH FESTIVAL OPERA PRESENTS INNOVATIVE OPERA FOR IMAGINATIVE AUDIENCES. PITTSBURGH FESTIVAL OPERA IS PITTSBURGH'S MODERN MUSIC DRAMA COMPANY AND, AS SUCH, FOCUSES ON CREATING NEW WORKS, ON REINTERPRETING OLDER WORKS IN NEW WAYS, ON BUILDING DIVERSITY IN PROGRAMMING AND CASTING, ON SUPPORTING EMERGING TALENT, AND ON BROADENING AUDIENCES THROUGH OUTREACH AND EDUCATION. 22 22 8 0 0 0 588791 582544 67824 45551 12 7 0 0 656627 628102 0 0 0 0 434076 228121 0 0 9382 487680 362936 921756 591057 -265129 37045 277338 195833 560120 458238 -282782 -262405 X PITTSBURGH FESTIVAL OPERA PRESENTS INNOVATIVE OPERA FOR IMAGINATIVE AUDIENCES. PITTSBURGH FESTIVAL OPERA IS PITTSBURGH'S MODERN MUSIC DRAMA COMPANY AND, AS SUCH, FOCUSES ON CREATING NEW WORKS, ON REINTERPRETING OLDER WORKS IN NEW WAYS, ON BUILDING DIVERSITY IN PROGRAMMING AND CASTING, ON SUPPORTING EMERGING TALENT, AND ON BROADENING AUDIENCES THROUGH OUTREACH AND EDUCATION. 0 0 421318 45551 THE PITTSBURGH FESTIVAL OPERA'S PROGRAM IS TO OFFER ENTERTAINING PROGRAMMING IN AN INNOVATIVE WAY THAT BRINGS TOGETHER BOTH NEW AND OLD WORKS FOR THE WIDEST POSSIBLE AUDIENCES. YOUTH, TEACHERS, AND FAMILIES HAVE BEEN ABLE TO PARTICIPATE IN QUALITY ARTS EDUCATION PROGRAMS IN WESTERN PENNSYLVANIA THROUGH THE PASSION AND DEDICATION OF THE ORGANIZATION'S FOUNDER, MRS. MILDRED MILLER POSVAR. THE ORGANIZATION CONTINUES THE MISSION OF EQUALITY, DIVERSITY, AND INCLUSIVITY WITH FREE PROGRAMMING AND CONTENT TO SUPPORT INDIVIDUALS IN THEIR ACADEMIC SUCCESS THROUGH MUSIC AND ART. THE ORGANIZATION EDUCATION PROGRAMS INCLUDE OPERA TOTS!, OPERA EXPERTS, AND OPERA THROUGH THE GENERATIONS. 421318 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 54 0 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 PA X THE ORGANIZATION 4127074503 159 PERRY HIGHWAY PITTSBURGH PA 15229 DR EUGENE MYERS PRESIDENT 2.00 X X 0 0 0 JOSEPH BIELECKI VICE PRESIDENT 2.00 X X 0 0 0 MICHAEL KNAUB TREASURER 2.00 X X 0 0 0 GAIL NOVAK MOSITES SECRETARY 2.00 X X 0 0 0 MILDRED POSVAR FOUNDER 2.00 X 0 0 0 ROXY MTJOY EXECUTIVE DIRECTOR 40.00 X 87800 0 7091 MARIANNE CORNETTI GENERAL MANAGER AND ARTISTIC DIRECTOR 40.00 X 51000 0 8497 138800 0 15588 0 0 0 0 0 582544 582544 TICKET SALES 711190 40734 40734 FEES 711190 4817 4817 45551 7 7 628102 45551 0 7 154388 133894 18715 1779 49855 47861 1496 498 1610 67 1503 40 22268 21377 668 223 84425 19778 64647 21517 9043 12474 35620 1818 33790 12 12375 11880 371 124 4542 903 3639 3257 3257 12978 6272 6706 3494 115 3379 PRODUCTION COSTS 179840 174199 5641 MISCELLAENOUS 4523 383 4140 DUES AND SUBSCRIPTIONS 365 365 591057 421318 160357 9382 205451 35833 21849 47960 160000 2078 277338 195833 36096 22894 524024 435344 560120 458238 X -342441 -439212 59659 176807 -282782 -262405 277338 195833 X 37045 -16668 X X 0 1 X 1 0 X 582136 734336 577839 588791 582544 3065646 582136 734336 577839 588791 582544 3065646 146052 2919594 159 7 166 3065812 113375 0.95230 0.56040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 EIDL LOAN 412000 ACCRUED INTEREST 19903 ACCRUED PAYROLL LIABILITIES 3441 435344 X 629222 1120 1120 628102 0 628102 592177 1120 1120 591057 0 591057 PART X, LINE 2: THE OPERA FOLLOWS THE GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A COMPANY'S FINANCIAL STATEMENTS THAT PRESCRIBES A REGOGNITION THRESHOLD OF MORE-LIKELY THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THE GUIDANCE ALSO ADDRESSSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, AND DISCLOSURE. THE OPERA'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BEENFITS IN INTEREST EXPENSE AND PENALTIES IN GENERAL AND ADMINISTRATIVE EXPENSES. THERE WERE NOT INTEREST OR PENALTIES RECOGNIZED ON THE STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS AS A RESULT OF THIS. SCHEDULE D, PAGE 3, PART X INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023 AND 2022. THE ORGANIZATION'S POLICY IS TO CLASSIFY ANY INCOME TAX RELATED INTEREST AND PENALTIES TO INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. FORM 990, PART VI, SECTION B, LINE 11B EXECUTIVE COMMITTEE REVIEWS AND ADVISES BOARD OF DIRECTORS. THE PRESIDENT OF THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE PRIOR TO SIGNING AND FILING RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE AT BUSINESS OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER ADJUSTMENTS -16,668. FORM 990 PART XII, LINE 2C THE PITTSBURGH FESTIVAL OPERA AS OF THE CURRENT OPERATION YEAR RECEIVED SEPARATE AUDITED FINANCIAL STATEMENTS TO RECORD THE CHANGE IN ACTIVITIES. THE BOARD OF DIRECTORS ARE TO REVIEW AND APPROVE OF THE AUDITED FINANCIAL STATEMENTS ALONG WITH THE PREPARED AND FILED TAX RETURN.