2022-11-15T11:55:53-06:00 2021-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 152225416 990 2021-01-01 251469002 THE PITTSBURGH TRUST FOR CULTURAL RESOURCES PITT 4124716070 803 LIBERTY AVENUE PITTSBURGH PA 152223703 RONA L NESBIT EXECUTIVE VICE PRESIDENT 4124716070 2022-11-11 1 RONA NESBIT 999009999 SUSAN M KIRSCH P00341397 4122613644 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z PITTSBURGH CULTURAL TRUST J KEVIN MCMAHON 803 LIBERTY AVENUE PITTSBURGH PA 152223703 57954366 0 X WWW.TRUSTARTS.ORG X 1984 PA TO ADVANCE THE REGION'S ECONOMY THROUGH THE DEVELOPMENT OF PITTSBURGH'S CULTURAL DISTRICT 42 41 406 1300 37129 36129 17249895 35832266 12945541 12423451 1235625 3039721 -782879 -693625 30648182 50601813 0 0 0 0 10863950 11240156 68000 99000 2596976 17665635 19936836 28597585 31275992 2050597 19325821 157194087 189016990 18171113 26249931 139022974 162767059 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 15709112 6906844 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. THIS MISSION WAS NEVER MORE IMPORTANT THAN DURING THE PANDEMIC WHEN THE TRUST'S MANAGEMENT, MAINTENANCE AND SUPPORT OF OVER 1,300,000 SQUARE FEET OF PROPERTY, SUCH AS: THE BENEDUM CENTER; BYHAM, O'REILLY, & HARRIS THEATERS; THEATER SQUARE; AND ARTS EDUCATION CENTER AMONG OTHER DOWNTOWN GALLERIES & PROPERTIES PRESERVED, MAINTAINED AND MADE PUBLIC HEALTH AND SAFETY ENHANCEMENTS TO THESE VENUES TO HELP SAFELY WELCOME THE PUBLIC'S RETURN TO THESE MAGNIFICENT REGIONAL ASSETS.THE COVID-19 PANDEMIC CONTINUED TO MAKE AN IMPACT ON VENUE PROGRAMMING FROM ALL USERS OF THESE FACILITIES, SIGNIFICANTLY AFFECTING RENTAL REVENUE, TICKET SALES AND BRINGING THE OVERALL REVENUE DOWN. MAINTENANCE OF ALL THE FACILITIES IN ADDITION TO COSTS ASSOCIATED WITH THE PROVISION OF SHARED SERVICES TO RESIDENT COMPANIES WERE INCURRED WITHOUT SUFFICIENT CORRESPONDING REVENUE. THE TRUST WAS ABLE TO BEGIN TO REOPEN THE FACILITIES IN SEPTEMBER OF 2021. 7430451 3590503 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. WITH THE PANDEMIC ONGOING THROUGH 2021, THE TRUST CONTINUED TO PRESENT AND CONNECT THE PUBLIC TO THE ARTS THROUGH DIGITAL MEDIUM AND BEGAN TO PRESENT LIVE ENTERTAINMENT AS THE FACILITIES OPENED IN SEPTEMBER 2021. THE FREE PROGRAMMING EXPOSED THE ARTS TO MANY FIRST TIME VISITORS. THE TRUST'S ABILITY TO PIVOT TO VIRTUAL PROGRAMMING WAS CRITICALLY IMPORTANT TO THE HEALTH, WELL-BEING AND EDUCATION OF THE REGION'S CITIZENRY.THE TRUST IS ALSO A PROUD EXHIBITOR OF CUTTING-EDGE ART & THE CREATOR OF CONTEMPORARY ART GALLERIES: WOOD STREET GALLERIES, SPACE; 707 PENN; THE LANTERN GALLERY, AND CARNEGIE MELLON UNIVERSITY'S STUDENT-RUN FUTURE TENANT. WHILE MANY OF THESE VENUES WERE SHUTTERED DURING THE YEAR, THE TEAM TURNED ITS FOCUS TO LIMITED DIGITAL PROGRAMMING AND FUTURE ARTISTIC PLANNING. 3357701 1926104 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. DURING THE PANDEMIC, THE TRUST'S MARKETING AND TECHNOLOGY TEAMS DEVELOPED VIRTUAL ART MARKET PLACE AND VIRTUAL CONTENT TO CONTINUE ITS EDUCATIONAL PURPOSE. THAT ALLOWED THE TRUST TO REACH ITS AUDIENCE AND DELIVER THE PROGRAMMING EVEN DURING THE PANDEMIC. THE TRUST IS ALSO A WORLD LEADER IN ARTS COLLABORATION AMONG PERFORMING ARTS ORGANIZATIONS. THROUGH ITS SHARED SERVICES DEPARTMENT, THE TRUST INCREASES EFFICIENCIES AND DECREASES COSTS FOR SIX CULTURAL DISTRICT ORGANIZATIONS. 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. THIS WORK CONTINUED THROUGHOUT THE PANDEMIC. 26497264 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 1 172 0 1 406 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 42 41 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 60.00 0.50 X X 724321 0 40805 DEBORAH ACKLIN TRUSTEE 0.40 0.00 X 0 0 0 JANE C ARKUS TRUSTEE 0.40 0.00 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 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 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 0.40 0.00 X 0 0 0 MORGAN O'BRIEN EXITED 0321 TRUSTEE 0.40 0.00 X 0 0 0 GRANT OLIPHANT TRUSTEE 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 ENTERED 0921 TRUSTEE 0.40 0.00 X 0 0 0 CYNTHIA D SHAPIRA 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 DANIEL WILSON TRUSTEE 0.40 0.00 X 0 0 0 ALFRED W WISHART JR TRUSTEE 0.40 0.00 X 0 0 0 EDITH H FISHER SECRETARY 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 HOLMBERG CO-VICE CHAIR 0.40 0.00 X X 0 0 0 RICHARD J HARSHMAN CHAIR 0.40 0.00 X X 0 0 0 RONA NESBIT EXECUTIVE VICE PRESIDENT 42.00 0.50 X 357349 0 31137 NICK GIGANTE VP OF DEVELOPMENT 42.00 0.00 X 217343 0 36761 MARC FLEMING VP OF MARKETING 34.00 0.00 X 210219 0 33144 SCOTT SHILLER VP OF ARTISTIC PLANNING 34.00 0.00 X 209198 0 33415 KEVIN WILKES CHIEF SECURITY OFFICER 42.00 0.00 X 192714 0 19194 DANIEL HOFFER CHIEF INFORMATION OFFICER 34.00 0.00 X 195685 0 17681 EUGENE CIAVARRA VP OF OPERATIONS 34.00 0.00 X 155577 0 18459 JUSTIN SNAIR DIRECTOR OF NETWORK SECURITY 34.00 0.00 X 140228 0 11204 LINDA JAKUBEC SR. DIR. OF FINANCE & ADMINISTRATION 34.00 0.00 X 142018 0 27186 2544652 0 268986 20 0 1 0 FLYSPACE PRODUCTIONS LLC 14 COURTRIGHT STREET PITTSBURGH PA 15212 EVENT PRODUCTION 983419 BLACK KNIGHT SECURITY 22 WABASH STREET PITTSBURGH PA 15220 SECURITY 614688 ABM BUILDING PO BOX 419860 BOSTON MA 022419860 CUSTODIAL SERVICES 256027 TRIGATE INCORPORATED 125 7TH STREET PITTSBURGH PA 15222 PROPERTY MANAGEMENT 205130 GRAND VIEW REALTY SERVICES INC 5829 ELLSWORTH AVE PITTSBURGH PA 15232 REAL ESTATE SERVICES 152050 10 221052 346974 10406330 24857910 785600 35832266 FACILITY RENTAL FEES 900099 5624818 5624818 STAGE PRESENTATIONS 900099 3590503 3590503 TICKET SERVICE & OTHER FEES 711110 3141455 3141455 EDUCATIONAL PROGRAMMING 900099 66675 66675 12423451 931682 37129 894553 706681 1320127 -613446 -613446 -613446 7988838 5880799 2108039 2108039 2108039 71448 221052 151627 -80179 -80179 50601813 12423451 37129 2308967 1658516 810950 368051 479515 7058063 5480196 719872 857995 642468 456880 121443 64145 1192026 811518 219646 160862 689083 492219 124123 72741 15247 10777 2717 1753 174281 174281 25029 25029 99000 99000 131106 131106 477199 109227 34011 333961 1023478 942587 49272 31619 5800765 5564942 153975 81848 138659 95074 19973 23612 57125 57125 3055882 3055882 725704 636537 63282 25885 PRESENTATIONS 5126102 5126102 ARTS PROGRAMMING 2822219 2822219 CULTIVATION ACTIVITIES 364040 364040 31275992 26497264 2181752 2596976 4777786 5390816 21584371 39891453 6470205 12616583 2968102 4535609 5597365 5739696 18478 18478 890578 843319 165669352 87689450 78654438 77979902 31139420 35318784 4668594 6262870 121350 121350 303400 298130 157194087 189016990 823012 3236823 9900975 18455278 7157610 3931888 289516 625942 18171113 26249931 X 79490319 93677078 59532655 69089981 139022974 162767059 157194087 189016990 19325821 4418264 0 X X 0 1 X 1 1 1 X 11900546 22751237 12233214 17243767 35832266 99961030 1062400 1062400 1062400 1062400 1062400 5312000 12962946 23813637 13295614 18306167 36894666 105273030 16785653 88487377 1053513 1257764 1578647 1303419 1638363 6831706 41278 34568 61135 21475 36220 194676 112299412 197495985 0.78800 0.74930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25029 25029 31250963 31275992 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 25875 25274 24737 25029 100915 250000 250000 250000 250000 1000000 1500000 35870097 1442112 7219738 1680000 92200 42759747 34353863 338861 2916288 1637000 101915 35870097 30026368 1225193 4468056 1281000 84754 34353863 26512917 5749186 -872388 1270000 93347 30026368 23650065 275012 3783949 1127000 69109 26512917 0.17280 0.82720 0.00000 0 0 21781473 3374146 25155619 86911545 45098642 41812903 36133439 29836960 6296479 7410939 7130561 280378 10057810 5623287 4434523 77979902 ACCRUED WAGES & BENEFITS 625942 625942 X 56856831 4418264 365000 1471754 6255018 50601813 0 50601813 33112746 365000 1471754 1836754 31275992 0 31275992 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. TO CONTINUE TO PRESERVE THE LONG-TERM VALUE AND IMPORTANCE OF THE ENDOWMENT, THE DRAW FOR 2021 WAS HELD TO ITS HISTORIC LEVEL OF 5%, DESPITE DIFFICULT FINANCIAL POSITION THAT THE TRUST IS EXPERIENCING DUE TO COVID. 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 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,320,127. SPECIAL EVENT EXPENSES 151,627. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,320,127. SPECIAL EVENT EXPENSES 151,627. X X X X X X X 1 CARTER CONSULTING GROUP LLC 2145 14TH AVENUE SUITE 26 VERO BEACH FL 32960 CAPITAL CAMPAIGN DEVELOPMENT 0 5307655 99000 5208655 5307655 99000 5208655 FL NY PA WV OH GALA 292500 221052 71448 24194 36703 24450 66280 292500 221052 71448 24194 36703 24450 66280 151627 -80179 X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 J KEVIN MCMAHON PRESIDENT AND CEO 697621 0 0 0 26700 0 19000 0 21805 0 765126 0 0 0 RONA NESBIT EXECUTIVE VICE PRESIDENT 345650 0 0 0 11699 0 20300 0 10837 0 388486 0 0 0 NICK GIGANTE VP OF DEVELOPMENT 217343 0 0 0 0 0 15214 0 21547 0 254104 0 0 0 MARC FLEMING VP OF MARKETING 210219 0 0 0 0 0 13792 0 19352 0 243363 0 0 0 SCOTT SHILLER VP OF ARTISTIC PLANNING 209198 0 0 0 0 0 13992 0 19423 0 242613 0 0 0 DANIEL HOFFER CHIEF INFORMATION OFFICER 195685 0 0 0 0 0 13698 0 3983 0 213366 0 0 0 KEVIN WILKES CHIEF SECURITY OFFICER 192714 0 0 0 0 0 11651 0 7543 0 211908 0 0 0 EUGENE CIAVARRA VP OF OPERATIONS 155577 0 0 0 0 0 10890 0 7569 0 174036 0 0 0 LINDA JAKUBEC SR. DIR. OF FINANCE & ADMINISTRATION 142018 0 0 0 0 0 10858 0 16328 0 169204 0 0 0 JUSTIN SNAIR DIRECTOR OF NETWORK SECURITY 140228 0 0 0 0 0 11204 0 0 0 151432 0 0 0 PART 1, 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 23 785600 MARKET VALUE 0 0 1 0 PART I, LINE 30B: 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 AND UNDER NORMAL OPERATING CONDITIONS, PROCESSES $80 MILLION OF ACTIVITY FOR THESE ORGANIZATIONS BEYOND WHAT IS REPORTED IN THIS FORM 990. WITH THE OPENING OF THE TRUST ARTISTIC FACILITIES BEGINNING IN THE FALL OF 2021, THE TRUST ONCE AGAIN MADE AVAILABLE FREE AND DISCOUNTED TICKETS TO UNDERSERVED AUDIENCES THROUGHOUT THE REGION AS WELL AS NUMEROUS FREE USES OF TRUST FACILITIES FOR COMMUNITY GROUPS. THE TRUST EXPECTS TO CONTINUE ITS ANNUAL TRADITION OF PROVIDING OVER $1 MILLION DOLLARS IN FREE AND DISCOUNTED ADMISSIONS ONCE THE VENUES ARE REOPENED TO THE PUBLIC. IN A TYPICAL YEAR THE TRUST PROVIDES OVER $2 MILLION IN FREE PROGRAMMING EVERY YEAR, ATTRACTING WELL OVER 1 MILLION CITIZENS OF THE REGION. DURING THE PANDEMIC, THE OUTREACH CONTINUED THROUGH VIRTUAL PROGRAMMING. THROUGH ITS OWN PROGRAMMING, EVENTS AND ACTIVITIES, AS WELL AS ALL OF WHAT IT SUPPORTS, THE TRUST GENERATES AND PAYS CLOSE TO $3 MILLION ANNUALLY IN PARKING, AMUSEMENT AND REAL ESTATE TAXES. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS: PORGES AND ROHR; HARSHMAN AND ROHR; WADHWANI AND ROHR; ROHR AND OLIPHANT. 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: ANTHONY L. BUCCI, HELEN HANNA CASEY, RICH FITZGERALD, MARY MCKINNEY FLAHERTY, KAREN S. FLAM, JEAN ANN HATTLER, COURTNEY C.T. HORRIGAN, THERESA KAIL-SMITH, KENNETH C. MCCRORY, WILLIAM PEDUTO, TRACEY MCCANTS LEWIS, 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. 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