Arts, Culture & Humanities
(A20)
IRS Verified
DX Registered
990 on File
NAT 28
Financial strength (30%)
71/100
Reliability (20%)
50/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
NAT 28 strives to champion the work that will shape the next phase of musical and artistic evolution. To that end, NAT 28 seeks to: - Amplify the voices of Pittsburgh artists - Reflect Pittsburgh’s innovation and diversity through the creation of internationally competitive works of art - Perform music by a diverse body of composers - Present contemporary classical music at the highest level of craftsmanship and artistry
Financial Overview — FY 2023
$58K
Total Revenue
$37K
Total Expenses
$39K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
99.8%
Fundraising Efficiency
N/A
Operating Reserve
12.48x
Liability-to-Asset
0.0%
Revenue Diversification
86.6%
Compared with Peers
FY 2023
Compared with 16,412 similar organizations
(United States, Arts, Culture & Humanities, under $100K in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
99.8% | 82.0% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.5 mo | 18.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
86.6% | 90.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
66.0% | 3.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.2% | 4.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
36.0% | 9.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $58K | $37K | $39K | 99.8% | — |
| 2022 | $35K | $34K | $18K | 99.3% | — |
| 2021 | $31K | $1K | N/A | — | 1 |
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