2024-11-14T11:34:52-06:00 2023-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 152225416 990 2023-01-01 251469002 THE PITTSBURGH TRUST FOR CULTURAL RESOURCES PITT 4124716070 803 LIBERTY AVENUE PITTSBURGH PA 152223703 RONA L NESBIT EXECUTIVE VICE PRESIDENT 4124716070 2024-11-12 1 0 SARAH R PIOT P00341397 4122613644 2023 2024-10-15 13:58:12Z PITTSBURGH CULTURAL TRUST KENDRA WHITLOCK INGRAM 803 LIBERTY AVENUE PITTSBURGH PA 152223703 96582121 0 X WWW.TRUSTARTS.ORG X 1984 PA TO ADVANCE THE REGION'S ECONOMY THROUGH THE DEVELOPMENT OF PITTSBURGH'S CULTURAL DISTRICT 39 38 567 1300 18642 12692 48295597 37476085 46632466 51995604 1780142 2094983 -1062214 -1646595 95645991 89920077 0 0 0 0 13889527 15904857 144500 24169 2621898 48900197 55022660 62934224 70951686 32711767 18968391 219694044 242875554 28982964 30580284 190711080 212295270 X PRESENTING DIVERSE, QUALITY PERFORMING & VISUAL ART; MANAGING ARTS FACILITIES; ADVANCING ARTS EDUCATION; AND CREATING & DEVELOPING PITTSBURGH'S CULTURAL DISTRICT AS A DESTINATION FOR ENTERTAINMENT, BUSINESS, AND URBAN LIVING, THUS STIMULATING THE REGION'S ECONOMY. 0 0 26060816 25236600 PRESENTING AND PROGRAMMING: THE TRUST BRINGS THE WORLD'S FINEST PERFORMANCES AND VISUAL ARTS TO WESTERN PA. EACH YEAR, OVER 1,700 EVENTS, PROGRAMS & EXHIBITIONS OCCUR IN TRUST FACILITIES & THROUGHOUT THE CULTURAL DISTRICT, ATTRACTING OVER TWO MILLION VISITORS. THE TRUST PRESENTS & SUPPORTS DIVERSE PERFORMING ART, INCLUDING PNC BROADWAY ACROSS AMERICA - PITTSBURGH, PITTSBURGH DANCE COUNCIL, TRUST PRESENTS, PITTSBURGH INTERNATIONAL CHILDREN'S THEATER & FESTIVAL, FIRST NIGHT, AND THREE RIVERS ARTS FESTIVAL AMONG OTHERS. THE TRUST IS ALSO A PROUD EXHIBITOR OF LOCAL, NATIONAL AND INTERNATIONAL VISUAL ART AND THE CREATOR OF ART GALLERIES: WOOD STREET GALLERIES, SPACE; 707 PENN; 820 LIBERTY AND 937 LIBERTY. 33184431 22229370 FACILITIES MANAGEMENT & REAL ESTATE DEVELOPMENT: THROUGH PUBLIC AND PRIVATE PARTNERSHIPS, A CRITICAL MISSION OF THE TRUST IS TO TRANSFORM DOWNTOWN PITTSBURGH. WHAT WAS ONCE A DOWNTRODDEN AREA LINED WITH NOXIOUS ESTABLISHMENTS IS NOW A DYNAMIC 14-BLOCK HUB FOR ARTS, ENTERTAINMENT, BUSINESS & URBAN LIVING. THE TRUST STEADILY UPGRADES THE DISTRICT'S PHYSICAL LOOK, FEEL & EXPERIENCE THROUGH PROJECTS SUCH AS IMPROVING STREETSCAPES, BUILDING RESTORATION, AND ESTABLISHING PUBLIC PARKS AND PLAZAS, AS WELL AS OUTDOOR ART SPACE. THE TRUST MANAGES OVER 1.3 MILLION SQUARE FEET OF PROPERTY INCLUDING THE BENEDUM CENTER, BYHAM, O'REILLY, GREER, AND HARRIS THEATERS AS WELL AS EDUCATION FACILITIES AND VISUAL ART GALLERIES. 4363362 4529634 EDUCATION, COMMUNITY OUTREACH & ARTS SERVICES: THE TRUST OFFERS A RANGE OF EDUCATIONAL EVENTS & ACTIVITIES FOR STUDENTS, EDUCATORS & UNDERSERVED POPULATIONS OF ALL AGES & BACKGROUNDS TO DEVELOP DIVERSE & VIBRANT ARTS AUDIENCES FOR THE FUTURE. ANNUALLY, THE TRUST SERVES OVER 100,000 STUDENTS, EDUCATORS & COMMUNITY MEMBERS IN WESTERN PENNSYLVANIA & SUPPORTS MORE THAN 1,000 AREA ARTISTS & ARTS ORGANIZATIONS. THE TRUST IS ALSO A WORLD LEADER IN ARTS COLLABORATION AMONG PERFORMING ARTS ORGANIZATIONS. THROUGH ITS SHARED SERVICES DEPARTMENT AND TESSITURA SERVICE BUREAU, THE TRUST INCREASES EFFICIENCIES AND DECREASES COSTS FOR TEN OTHER ARTS ORGANIZATIONS. **SEE CONTINUATION ON SCHEDULE O**FURTHER, THE TRUST HELPS ARTS ORGANIZATIONS WITH HIGHLY SUBSIDIZED RATES FOR PERFORMANCES/OFFICE SPACE, ALLOWING THEM TO INVEST MORE RESOURCES INTO THEIR CORE ARTISTIC MISSIONS. 63608609 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 344 0 1 567 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 39 38 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL NY PA WV X RONA L NESBIT 4124716070 803 LIBERTY AVENUE PITTSBURGH PA 152223703 X J KEVIN MCMAHON PRESIDENT AND CEO (EXIT 01/23) 60.00 0.50 X X 206702 0 36863 KENDRA WHITLOCK INGRAM PRESIDENT AND CEO (ENTERED 02/23) 60.00 0.50 X X 654041 0 30748 EDITH H FISHER SECRETARY (EXIT 06/23) 0.40 0.00 X X 0 0 0 MICHAEL H MCGARRY CO-VICE CHAIR 0.40 0.00 X X 0 0 0 CAROLYN D DURONIO TREASURER, CO-VICE CHAIR 0.40 0.00 X X 0 0 0 DAVID L HOLMBERGCO-VICE CHAIR (THRU 03/23), CHAIR (EFF. 03/23) 0.40 0.00 X X 0 0 0 RICHARD J HARSHMAN CHAIR (EXIT 03/23) 0.40 0.00 X X 0 0 0 CHESTER BABST III TRUSTEE 0.40 0.00 X 0 0 0 JILL M BRODBECK TRUSTEE 0.40 0.00 X 0 0 0 ESTHER L BUSH TRUSTEE 0.40 0.00 X 0 0 0 CAROLYN M BYHAM TRUSTEE 0.40 0.00 X 0 0 0 DONALD K CARTER TRUSTEE (EXITED 03/23) 0.40 0.00 X 0 0 0 HELEN HANNA CASEY TRUSTEE 0.40 0.00 X 0 0 0 RONALD R DAVENPORT JR TRUSTEE 0.40 0.00 X 0 0 0 GEORGE A DAVIDSON JR TRUSTEE 0.40 0.00 X 0 0 0 WILLIAM DEMCHAK TRUSTEE 0.40 0.00 X 0 0 0 JACK ELLIOT TRUSTEE 0.40 0.00 X 0 0 0 STEVEN F FEINSTEIN TRUSTEE 0.40 0.00 X 0 0 0 WILLIAM O GENERETT JR TRUSTEE 0.40 0.00 X 0 0 0 MURRY S GERBER TRUSTEE 0.40 0.00 X 0 0 0 SARIKA M GOULATIA TRUSTEE 0.40 0.00 X 0 0 0 GEORGE C GREER TRUSTEE 0.40 0.00 X 0 0 0 STEVEN J GUY TRUSTEE 0.40 0.00 X 0 0 0 LISA HALEY HUFF TRUSTEE 0.40 0.00 X 0 0 0 FARNAM JAHANIAN TRUSTEE 0.40 0.00 X 0 0 0 PETER F MATHIESON TRUSTEE 0.40 0.00 X 0 0 0 SALLY MCCRADY TRUSTEE 0.40 0.00 X 0 0 0 JEFFREY L MORBY TRUSTEE (EXITED 09/23) 0.40 0.00 X 0 0 0 DAVID L PORGES TRUSTEE 0.40 0.00 X 0 0 0 CHARLES J QUEENAN JR TRUSTEE 0.40 0.00 X 0 0 0 SAM REIMAN TRUSTEE 0.40 0.00 X 0 0 0 JAMES E ROHR TRUSTEE 0.40 0.00 X 0 0 0 CARYN B RUBINOFF TRUSTEE 0.40 0.00 X 0 0 0 RAFAEL SANTANA TRUSTEE 0.40 0.00 X 0 0 0 CYNTHIA D SHAPIRA TRUSTEE 0.40 0.00 X 0 0 0 JIMMI SUE SMITH TRUSTEE 0.40 0.00 X 0 0 0 HILARY S TYSON TRUSTEE 0.40 0.00 X 0 0 0 THOMAS L VANKIRK TRUSTEE 0.40 0.00 X 0 0 0 SUNIL WADHWANI TRUSTEE 0.40 0.00 X 0 0 0 NANCY D WASHINGTON TRUSTEE 0.40 0.00 X 0 0 0 MICHAEL WATSON TRUSTEE 0.40 0.00 X 0 0 0 CHRISTY WIEGAND TRUSTEE 0.40 0.00 X 0 0 0 TRAVIS WILLIAMS TRUSTEE 0.40 0.00 X 0 0 0 DANIEL WILSON TRUSTEE 0.40 0.00 X 0 0 0 ALFRED W WISHART JR TRUSTEE (EXITED 04/23) 0.40 0.00 X 0 0 0 RONA NESBIT EXECUTIVE VICE PRESIDENT 50.00 0.50 X 365947 0 39186 NICK GIGANTE VP OF DEVELOPMENT 42.00 0.00 X 275964 0 45137 MARC FLEMING VP OF MARKETING 40.00 0.00 X 233461 0 42791 SCOTT SHILLER VP OF ARTISTIC PLANNING 40.00 0.00 X 397740 0 30217 KEVIN WILKES CHIEF SECURITY OFFICER 40.00 0.00 X 215742 0 22303 DANIEL HOFFER CHIEF INFORMATION OFFICER 40.00 0.00 X 223147 0 24904 EUGENE CIAVARRA VP OF OPERATIONS 40.00 0.00 X 167736 0 20909 JUSTIN SNAIR DIRECTOR OF NETWORK SECURITY 40.00 0.00 X 152160 0 10177 LINDA JAKUBEC VP OF FINANCE 40.00 0.00 X 150337 0 32011 3042977 0 335246 30 0 1 0 GUARDIAN CONSTRUCTION 4530 WILLIAM PENN HIGHWAY MURRAYSVILLE PA 15668 CONSTRUCTION SERVICES 4739151 FLYSPACE PRODUCTIONS LLC 14 COURTRIGHT STREET PITTSBURGH PA 15212 EVENT PRODUCTION 2532923 BLACK KNIGHT SECURITY 22 WABASH STREET PITTSBURGH PA 15220 SECURITY 1639084 LANDAU BUILDING COMPANY 9855 RINAMAN ROAD WEXFORD PA 15090 CONSTRUCTION SERVICES 968885 ABM BUILDING PO BOX 419860 BOSTON MA 022419860 CUSTODIAL SERVICES 896268 22 398200 517813 36560072 520749 37476085 STAGE PRESENTATIONS 900099 25236600 25236600 FACILITY RENTAL FEES 900099 18448161 18448161 TICKET SERVICE & OTHER FEES 711110 8090307 8090307 EDUCATIONAL PROGRAMMING 900099 220536 220536 51995604 1768879 18642 1750237 891154 2369842 -1478688 -1478688 -1478688 4366899 4040795 326104 326104 326104 83500 398200 251407 -167907 -167907 89920077 51995604 18642 429746 2133855 1124177 563238 446440 10624150 7949275 1662789 1012086 990253 743668 161202 85383 1352468 960746 278592 113130 804131 558038 149791 96302 69111 69111 200222 200222 24794 24794 24169 24169 62834 62834 758649 386160 372489 1080174 353887 690892 35395 1335856 1170906 90461 74489 6412285 6315745 79235 17305 144668 123099 21569 494945 316816 166353 11776 3269705 3269705 890024 737623 152401 PRESENTATIONS 36588336 36588336 ARTS PROGRAMMING 2985634 2985634 CULTIVATION ACTIVITIES 705423 705423 70951686 63608609 4721179 2621898 7286970 5319398 44404679 39197495 35565409 54696167 5461211 6478022 5880258 6020386 18478 18478 963970 1056725 181103776 94505239 79125406 86598537 30352618 30172281 6796761 9617611 121350 121350 3716934 3579104 219694044 242875554 4657455 4122474 16501551 18108363 3845040 3675040 3978918 4674407 28982964 30580284 X 111244199 113561986 79466881 98733284 190711080 212295270 219694044 242875554 18968391 2615799 0 X X 0 1 X 1 1 1 X 12233214 17243767 35832266 48295597 37476085 151080929 1062400 1062400 1062400 1062400 1062400 5312000 13295614 18306167 36894666 49357997 38538485 156392929 37441530 118951399 1578647 1303419 1638363 1608534 2660033 8788996 61135 21475 36220 21276 12692 152798 165334723 195892595 0.71950 0.84050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24794 24794 70926892 70951686 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 24737 25029 24695 24794 99255 250000 250000 250000 250000 1000000 1500000 40888070 748985 3765684 4074440 25334 41302965 42759747 3107029 -3162268 1794000 22438 40888070 35870097 1442112 7219738 1680000 92200 42759747 34353863 338861 2916288 1637000 101915 35870097 30026368 1225193 4468056 1281000 84754 34353863 0.17190 0.82810 0.00000 0 0 21781473 4375151 26156624 101388816 50322488 51066328 36252729 33105733 3146996 9239613 7226732 2012881 8065994 3850286 4215708 86598537 ACCRUED WAGES & BENEFITS 1358877 ACCRUED LEASES - LIABILITY 3315530 4674407 X 95496791 2615799 365000 2621249 5602048 89894743 25334 25334 89920077 73912601 365000 2621249 2986249 70926352 25334 25334 70951686 PART V, LINE 4: THE TRUST HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A STREAM OF FUNDING FOR PROGRAMS AND INITIATIVES SUPPORTED BY THE ENDOWMENT. THE POLICIES ARE ALSO INTENDED TO PROTECT THE INTEGRITY OF THE ASSETS AND ACHIEVE THE OPTIMAL RETURN POSSIBLE WITHIN THE SPECIFIED RISK PARAMETERS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD. PART X, LINE 2: THE TRUST IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (IRC) AND HAS BEEN CLASSIFIED AS AN EXEMPT CHARITABLE ORGANIZATION UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) OF THE IRC. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE TRUST HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS REQUIRING AN ACCRUAL OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE TRUST IS NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES IN ANY MAJOR TAX JURISDICTION BEFORE 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,369,842. SPECIAL EVENT EXPENSES 251,407. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,369,842. SPECIAL EVENT EXPENSES 251,407. SCHEDULE D, PART V, LINE 1E: INCLUDED IN LINE 1E ARE ENDOWMENT TRANSFERS OF $2,225,440, WHICH REPRESENT GIFTS AND GRANTS RECEIVED IN A PREVIOUS YEAR WHICH WERE DETERMINED TO BE RESTRICTED FOR TIME AND SPECIFIC PURPOSES, RATHER THAN FOR ENDOWMENT, IN 2023. X X X X X X X 1 THE ANGELETTI GROUP 365 SOUTH ST 100 MORRISTOWN NJ 07960 FUNDRAISING CONSULTING 0 0 20569 -20569 20569 -20569 FL NY PA WV OH GALA 481700 398200 83500 66450 57296 40225 87436 481700 398200 83500 66450 57296 40225 87436 251407 -167907 X X 1 1 X X X X X X 1 0 0 0 0 0 0 0 0 KENDRA WHITLOCK INGRAM PRESIDENT AND CEO (ENTERED 02/23) 654041 0 0 0 0 0 21562 0 9186 0 684789 0 0 0 SCOTT SHILLER VP OF ARTISTIC PLANNING 396572 0 0 0 1168 0 11247 0 18970 0 427957 0 0 0 RONA NESBIT EXECUTIVE VICE PRESIDENT 354379 0 0 0 11568 0 30000 0 9186 0 405133 0 0 0 NICK GIGANTE VP OF DEVELOPMENT 274796 0 0 0 1168 0 18898 0 26239 0 321101 0 0 0 MARC FLEMING VP OF MARKETING 232293 0 0 0 1168 0 16552 0 26239 0 276252 0 0 0 DANIEL HOFFER CHIEF INFORMATION OFFICER 221979 0 0 0 1168 0 15718 0 9186 0 248051 0 0 0 J KEVIN MCMAHON PRESIDENT AND CEO (EXIT 01/23) 206605 0 0 0 97 0 14469 0 22394 0 243565 0 0 0 KEVIN WILKES CHIEF SECURITY OFFICER 214574 0 0 0 1168 0 13117 0 9186 0 238045 0 0 0 EUGENE CIAVARRA VP OF OPERATIONS 167736 0 0 0 0 0 11723 0 9186 0 188645 0 0 0 LINDA JAKUBEC VP OF FINANCE 150337 0 0 0 0 0 10638 0 21373 0 182348 0 0 0 JUSTIN SNAIR DIRECTOR OF NETWORK SECURITY 152160 0 0 0 0 0 9119 0 1058 0 162337 0 0 0 PART I, LINE 4A A SEVERANCE PAYMENT OF $235,121 WAS MADE TO THE VP OF ARTISTIC PLANNING. PART I, LINE 1A: THE PRESIDENT AND CEO AND THE EXECUTIVE VICE PRESIDENT RECEIVE TAX INDEMNIFICATION AND GROSS-UP PAYMENT BENEFITS THAT ARE TREATED AS TAXABLE COMPENSATION AND ARE REPORTED ON FORM W-2. THE TRUST PAYS FOR ALL SOCIAL CLUB DUES ON BEHALF OF THE PRESIDENT AND CEO. DIRECT EXPENSES FOR THE UTILIZATION OF THE CLUB IS THE PRESIDENT AND CEO'S RESPONSIBILITY, EXCEPT WHEN ATTRIBUTED TO TRUST BUSINESS. X 18 520749 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART III, LINE 1, COMMUNITY BENEFIT STATEMENT: A CRITICAL PART OF THE TRUST'S MISSION IS TO HELP MAINTAIN THE ARTS ECO-SYSTEM AND PROVIDE ANNUAL FINANCIAL SUPPORT OF OVER $4 MILLION TO TYPICALLY MORE THAN 1,000 ARTS ORGANIZATIONS AND ARTISTS THROUGHOUT THE REGION. THE TRUST DOES THIS THROUGH PROGRAMS SUCH AS THEATER RENTAL SUBSIDIES, JOINT MARKETING, AND OTHER OPERATIONAL SUPPORT. IN ADDITION, THE TRUST PROVIDES SERVICES SUCH AS THE DEPLOYMENT AND SUPPORT OF TICKETING, FUNDRAISING, AND MARKETING SOFTWARE TO 10 SEPARATE ORGANIZATIONS, PROCESSES $67 MILLION OF ACTIVITY FOR THESE ORGANIZATIONS BEYOND WHAT IS REPORTED IN THIS FORM 990. EVERY YEAR THE TRUST MAKES AVAILABLE OVER $500,000 IN FREE AND DISCOUNTED TICKETS TO UNDERSERVED AUDIENCES THROUGHOUT THE REGION AS WELL AS NUMEROUS FREE USES OF TRUST FACILITIES FOR COMMUNITY GROUPS. IN A TYPICAL YEAR THE TRUST PROVIDES OVER $2 MILLION IN FREE PROGRAMMING EVERY YEAR, ATTRACTING WELL OVER 1 MILLION CITIZENS OF THE REGION. THROUGH ITS OWN PROGRAMMING, EVENTS AND ACTIVITIES, AS WELL AS ALL OF WHAT IT SUPPORTS, THE TRUST GENERATES AND PAYS CLOSE TO $2.5 MILLION ANNUALLY IN PARKING, AMUSEMENT AND REAL ESTATE TAXES. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS: DEMCHAK AND HARSHMAN. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990, 990-T AND REQUIRED SCHEDULES ARE REVIEWED WITH THE PITTSBURGH TRUST FOR CULTURAL RESOURCES' INTERNAL MANAGEMENT AS WELL AS THE AUDIT COMMITTEE. UPON COMPLETION OF THIS REVIEW, THE FORMS ARE FINALIZED AND A COMPLETE COPY IS PROVIDED TO THE BOARD OF TRUSTEES VIA THE INTRANET SITE. THE RETURNS ARE POSTED TO THE BOARD OF TRUSTEES INTRANET SITE IN ADVANCE OF FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, OFFICERS, DIRECTORS AND KEY EMPLOYEES RECEIVE A COPY OF THE TRUST'S EXISTING CONFLICT OF INTEREST POLICY ALONG WITH A CONFLICT OF INTEREST DISCLOSURE FORM FOR COMPLETION. THIS CONFLICT OF INTEREST DISCLOSURE FORM INCLUDE REQUIREMENTS TO DISCLOSE POTENTIAL CONFLICTS THAT EXIST AT THE DATE OF COMPLETION AS WELL AS THE OBLIGATION BY THE INDIVIDUAL TO INFORM THE TRUST OF ANY POTENTIAL CONFLICTS THAT MAY ARISE IN THE FUTURE. THE COMPLETED AND SIGNED FORMS ARE REVIEWED BY THE AUDIT AND EXECUTIVE COMMITTEES AND MONITORED THROUGHOUT THE YEAR BY THESE TWO COMMITTEES. IN ADDITION, ANY POTENTIAL CONFLICT OF INTEREST AND THE RESOLUTION THEREOF IS CONTEMPORANEOUSLY DOCUMENTED IN THE TRUST'S BOARD MEETING MINUTES. COMPENSATION DECISIONS ARE RECOMMENDED TO THE FULL BOARD BY AN INDEPENDENT COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE TRUST HAS A FORMAL ANNUAL EMPLOYEE PERFORMANCE REVIEW PROCESS FOR ALL STAFF. GENERAL AND MERIT INCREASES ARE GRANTED BASED ON ORGANIZATIONAL PAY RANGES; THE OVERALL PARAMETERS HAVING BEEN APPROVED BY THE TRUST'S BUDGET COMMITTEE. ADDITIONAL STEPS AND BENCHMARKING OCCUR FOR THE PRESIDENT/CEO AND SENIOR STAFF. THESE STEPS INCLUDE THE PARTICIPATION IN MULTIPLE INDUSTRY SALARY SURVEYS, AS WELL AS THE ENGAGEMENT OF AN INDEPENDENT THIRD PARTY FIRM AND THE REVIEW AND APPROVAL BY THE TRUST'S INDEPENDENT COMPENSATION COMMITTEE. ALL CHANGES AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE TRUST'S COMPENSATION COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, EX-OFFICIOS: THE FOLLOWING INDIVIDUALS SERVE AS EX-OFFICIO TRUSTEES OF THE PITTSBURGH TRUST FOR CULTURAL RESOURCES WITH NO VOTING RIGHTS: ANGELA BLANTON, ANTHONY L. BUCCI, RICH FITZGERALD, KAREN S. FLAM, ED GAINEY, JEAN ANN HATTLER, THERESA KAIL-SMITH, KENNETH C. MCCRORY, TRACEY MCCANTS LEWIS, ALEX OVERSTROM, AYANA TETER, AND HAL WALDMAN. FORM 990, PART XII, QUESTION 2, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: THE TRUST'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. IN ADDITION, THE TRUST HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THEATER SQUARE LLC 803 LIBERTY AVENUE PITTSBURGH PA 15222 251469002 FACILITY OPERATIONS PA 0 0 N/A 604 WOOD STREET ACQUISTION LLC 803 LIBERTY AVENUE PITTSBURGH PA 15222 861912516 REAL ESTATE PA 0 1303772 N/A GRANITE BUILDING ACQUISITION LLC 803 LIBERTY AVENUE PITTSBURGH PA 15222 862012510 REAL ESTATE PA 0 2762971 N/A 2022 REAL ESTATE LLC 803 LIBERTY AVENUE PITTSBURGH PA 15222 REAL ESTATE PA 0 2232153 N/A THE DIETRICH FOUNDATION 600 GRANT STREET SUITE 5360 PITTSBURGH PA 15219 364711746 SUPPORTING ORGANIZATION PA 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0