Civic Intelligence

Manchester Craftsmen'S Guild

990 • Fiscal year 2020 • EIN 23-7113478

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

1815 Metropolitan StreetPittsburgh, PA 15233

(412) 323-4000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.27x

Higher debt load relative to assets than 55% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.85x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$373,089

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

36th percentile

2.5%

Faster asset growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

81st percentile

25%

Faster revenue growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$13,899,857

Up $338,982 (+2.5%) from 2019

Net Assets

Up

$10,149,002

Up $855,245 (+9.2%) from 2019

Liabilities

Down

$3,750,855

Down $516,263 (-12%) from 2019

Revenue

Up

$4,392,094

Up $880,278 (+25%) from 2019

Expenses

Down

$3,417,375

Down $2,800 (-0.1%) from 2019

Net Income

Up

$974,719

Up $883,078 (+964%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $5,943,264Liabilities 2010: $312,207Net Assets 2010: $5,631,0572010Assets 2011: $7,177,031Liabilities 2011: $311,785Net Assets 2011: $6,865,2462011Assets 2012: $6,918,023Liabilities 2012: $356,856Net Assets 2012: $6,561,1672012Assets 2013: $7,514,831Liabilities 2013: $472,972Net Assets 2013: $7,041,8592013Assets 2014: $8,227,729Liabilities 2014: $516,078Net Assets 2014: $7,711,6512014Assets 2015: $9,797,872Liabilities 2015: $1,695,917Net Assets 2015: $8,101,9552015Assets 2016: $9,357,502Liabilities 2016: $1,497,155Net Assets 2016: $7,860,3472016Assets 2017: $8,958,169Liabilities 2017: $1,605,727Net Assets 2017: $7,352,4422017Assets 2018: $10,829,343Liabilities 2018: $1,766,984Net Assets 2018: $9,062,3592018Assets 2019: $13,560,875Liabilities 2019: $4,267,118Net Assets 2019: $9,293,7572019Assets 2020: $13,899,857Liabilities 2020: $3,750,855Net Assets 2020: $10,149,0022020Assets 2021: $15,522,345Liabilities 2021: $2,042,956Net Assets 2021: $13,479,3892021Assets 2022: $15,431,653Liabilities 2022: $2,125,621Net Assets 2022: $13,306,0322022Assets 2023: $15,133,286Liabilities 2023: $2,229,146Net Assets 2023: $12,904,1402023Assets 2024: $15,252,457Liabilities 2024: $2,288,594Net Assets 2024: $12,963,8632024

Highlighted filing

2020

Assets$13,899,857
Liabilities$3,750,855
Net Assets$10,149,002

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,994,0252010Expenses 2011: $2,776,8622011Expenses 2012: $2,682,3622012Expenses 2013: $2,635,4292013Revenue 2014: $3,269,892Expenses 2014: $2,974,927Net Income 2014: $294,9652014Revenue 2015: $3,538,247Expenses 2015: $2,962,416Net Income 2015: $575,8312015Revenue 2016: $2,719,062Expenses 2016: $3,077,962Net Income 2016: -$358,9002016Revenue 2017: $2,335,766Expenses 2017: $3,087,838Net Income 2017: -$752,0722017Revenue 2018: $4,553,602Expenses 2018: $2,838,231Net Income 2018: $1,715,3712018Revenue 2019: $3,511,816Expenses 2019: $3,420,175Net Income 2019: $91,6412019Revenue 2020: $4,392,094Expenses 2020: $3,417,375Net Income 2020: $974,7192020Revenue 2021: $4,460,670Expenses 2021: $2,385,169Net Income 2021: $2,075,5012021Revenue 2022: $3,606,821Expenses 2022: $3,020,303Net Income 2022: $586,5182022Revenue 2023: $2,518,235Expenses 2023: $3,298,173Net Income 2023: -$779,9382023Revenue 2024: $3,383,477Expenses 2024: $3,511,009Net Income 2024: -$127,5322024

Highlighted filing

2020

Revenue$4,392,094
Expenses$3,417,375
Net Income$974,719
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$6,202,547
Mission and Program Overview

Mission

Manchester craftsmen's guild (mcg) youth & arts educates and inspires youth through the arts to become productive citizens. The mission of mcg jazz is to preserve, present, and promote jazz.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,024,792$5,117,731▲ $92,939
Savings and Temporary Cash Investments$3,936,262$4,165,462▲ $229,200
Land, Buildings, and Equipment, Net$1,332,474$1,475,148▲ $142,674
Cash and Non-Interest-Bearing Accounts$472,142$968,504▲ $496,362
Pledges and Grants Receivable$1,087,290$429,333▼ $657,957
Receivables From Officers Etc$265,971$263,299▼ $2,672
Inventories for Sale or Use$43,023$52,999▲ $9,976
Prepaid Expenses and Deferred Charges$63,765$30,608▼ $33,157
Intangible Assets$15,000$15,000→ $0
Accounts Receivable$52,119$4,127▼ $47,992
Total Assets$13,560,875$13,899,857▲ $338,982
Other Assets Total$1,268,037$1,377,646▲ $109,609
Liabilities
Deferred Revenue$2,737,719$2,105,515▼ $632,204
Other Liabilities$1,424,546$1,536,554▲ $112,008
Accounts Payable and Accrued Expenses$104,853$108,786▲ $3,933
Total Liabilities$4,267,118$3,750,855▼ $516,263
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,741,524$7,852,809▲ $1,111,285
Net Assets Without Donor Restrictions$2,552,233$2,296,193▼ $256,040
Total Net Assets Fund Balance$9,293,757$10,149,002▲ $855,245
Total Liabilities and Net Assets / Fund Balance$13,560,875$13,899,857▲ $338,982

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$314,643$2,228,716$2,543,359
Buildings$929,289$1,307,904$2,237,193
Other Land Buildings$126,069-$126,069
Leasehold Improvements$0$121,374$121,374
Land$105,147-$105,147
Other Assets Org$1,364,523--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$5,530,384-▲ $68,157-$5,417,141
2018$5,342,561-▲ $369,223-$5,530,384
2017$3,752,076$1,550,000▲ $218,485-$5,342,561
2016$3,584,832-▲ $343,744-$3,752,076
2015$3,662,916-▲ $93,916-$3,584,832
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Martin AshbyExecutive ProducerFT$113,461$29,606$143,067
Mara BruceVP & CFO (as of 7/19)PT-$115,252$115,252

Board Members and Trustees

NameTitle
Gregory B JordanChairman
William E Strickland JrFounder & Executive Chair
Kevin JenkinsPresident & CEO
Amy Atkinson Secretary Thru12/19) Vice Chair (as of 12/19)
Anne E CuddBoard Member
Brian D AielloBoard Member
Byron BardyBoard Member
Dorothy L Raizman EsquireBoard Member
Lisa PetersBoard Member
Mark a NordenbergBoard Member
Nicholas D Varischetti EsquireBoard Member
Susan Baker ShipleyBoard Member
William C ByhamBoard Member
Kevin AcklinBoard Member (enter 3/20)
Cheree JohnsonBoard Member (exit 12/19)
Lauren Weddell CPABoard Member (exit 12/19)
David S Rzepecki Board Member(thru 12/19) Secretary (as of 12/19)
Vincent V Sands CfaTreasurer
Jeffrey P TeasdaleVP & CFO (exit 7/19)
Revenue and Support

Revenue Composition

Contributions and Grants
$2,811,438
Program Service Revenue
$1,248,811
Investment Income
$299,607
Other Revenue
$32,238
All Other Contributions
$2,170,077
Change in Net Assets
$974,719

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$1,442,890Cost or Selling Price
Other Non Cash Contri Table1$119,000Opinions of Experts
Historical Artifacts1$3,041Fair Market Value
Total Noncash Contributions5$1,564,931-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,150,657
Salaries, Compensation, and Employee Benefits$1,266,718
Total Fundraising Expense$84,200
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$899,251--$899,251
Fees for Services Management$500,230-$84,200$584,430
Fees for Services Other$486,019--$486,019
Occupancy$377,558--$377,558
Other Employee Benefits$290,100--$290,100
Travel$150,203--$150,203
Depreciation Depletion$147,352--$147,352
Pension Plan Contributions$66,076--$66,076
Information Technology$62,690--$62,690
Fees for Service Investment Mgmnt Fees-$50,496-$50,496
All Other Expenses$41,290--$41,290
Advertising$30,527--$30,527
Office Expenses$26,771--$26,771
Conferences and Meetings$22,475--$22,475
Other Expenses$21,924--$21,924
Insurance$16,958--$16,958
Fees for Services Accounting-$13,415-$13,415
Payroll Taxes$11,291--$11,291
Interest$8,028--$8,028
Total Functional Expenses$3,269,264$63,911$84,200$3,417,375
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$265,971$263,299▼ $2,672
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Postemployment Benefits$1,536,554
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

The executive committee shall have and may exercise, during the intervals between meetings of the board of directors, all of the powers of the board of directors except that the executive committee shall not have the power to amend or repeal these bylaws or to adopt new bylaws; to fill vacancies in, change the number of, or remove members of the board of directors; or to dissolve, remove members or change the number of, or fill vacancies in, the executive committee; or to amend or repeal any resolution of the board of directors which by its terms shall not be amendable or repealable. It shall be the duty of the executive committee to supervise the operations of the corporation between meetings of the board. Any actions of the executive committee shall be ratified by the board of directors at its meetings next following the action. The executive committee may, in its discretion, delegate to the president of the corporation or to a subcommittee details of operation or expenditures of the corporation.

Form 990, Part VI, Section A, Line 1

The following members serve on the manchester craftsmen's guild board of trustees as lifetime trustees but have no voting rights: e. Peter benzing, nancy l. Bromall, michael a. Bryson, jack l. Burley, sr., doris carson williams, george fechter, diana jannetta, don alan linzer, john pelusi, michael schurko, william e. Strickland jr., john unkovic. The following members serve on the manchester craftsmen's guild board of trustees as trustees emeritus but have no voting rights: scott g. Brown esq., carolyn byham, anthony l. Bucci, dorothy a. Davis esq., m. Elise hyland, cherree johnson, scott m. Lammie, claudette r. Lewis, glenn r. Mahone, david l. Motley, robert n. Pierce, jr., nancy l. Rackoff esq., theodore roberts jr., clifford r. Rowe jr., tony torres, lauren e. Weddell, cpa., alfred w. Wishart jr.

Form 990, Part VI, Section A, Line 6

The corporation has one member with full voting rights, which is manchester bidwell corporation (the "member"), a pennsylvania nonprofit corporation and a public charity exempt from taxation under section 501(c)(3) of the code. The privileges of the member may be exercised only by the board of directors of the member or such representative(s) of the member as may be designated for such purpose by the member in writing to the president or secretary of the corporation.

Form 990, Part VI, Section A, Line 7A

The corporation has one member with full voting rights, which is manchester bidwell corporation (the "member"), a pennsylvania nonprofit corporation and a public charity exempt from taxation under section 501(c)(3) of the code. The privileges of the member may be exercised only by the board of directors of the member or such representative(s) of the member as may be designated for such purpose by the member in writing to the president or secretary of the corporation.

Form 990, Part VI, Section B, Line 11B

The 990 draft will be reviewed by the audit committee. Once reviewed by the audit committee, the full board will be given access to the final 990 prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The conflict of interest form is regularly updated by the board of directors. Any relationship changes are reviewed for conflicts and adequately resolved.

Form 990, Part VI, Section B, Line 15

Manchester craftsmen's guild relied upon manchester bidwell corporation's methods to establish the compensation of the organization's founder, ceo and cfo. The methods used by manchester bidwell corporation may include review by independent persons and a survey including comparable data, all of which is documented. Salary changes in 2019 for the founder and ceo were approved by an independent committee of the board.

Form 990, Part VI, Section C, Line 19

All forms are available upon request.

Filing and Contact Details

Filer

Filer Name
MANCHESTER CRAFTSMEN'S GUILD
EIN
23-7113478
Phone
4123234000
Address
1815 METROPOLITAN STREET, PITTSBURGH, PA 15233

Signing Officer

Name
Kevin Jenkins
Title
President & CEO
Phone
4123234000
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Jenkins
Formed
1970
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
14
Employees
28
Volunteers
41

Preparer

Firm
Schneider Downs & Co Inc
Address
ONE PPG PLACE SUITE 1700, PITTSBURGH, PA 15222
Preparer
Melanie Pantalone
Phone
4122613644
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION

Manchester craftsmen's guild (mcg) comprises mcg youth & arts and mcg jazz. The goal of the broader organization is to create empowering environments to facilitate a better quality of life for the people and communities it serves. Mcg youth & arts educates and inspires youth through the arts to become productive citizens, primarily serving students from the pittsburgh public school district as well as local charter schools, cyber schools, and magnet schools. Further, mcg youth & arts also serves youth who are in allegheny county department of human services programs. Mcg youth & arts' programming is studio-based and uses the arts to instill a sense of purpose and inherent worth in its participants. Mcg jazz preserves, presents, and promotes jazz, a uniquely american art form. The organization presents an annual live jazz concert series from september to may, featuring world-renowned jazz artists. Mcg jazz also provides jazz education programs, including school of swing; offers recording and production services; and houses one of the largest single venue archives for live jazz audio and video recordings. As part of its work, mcg jazz promotes cultural discovery by connecting diverse, accomplished artists to the community.

Form 990, Part III

The global pandemic forced mcg to close its doors on march 13, 2020 to protect the health and safety of students, patrons, and staff. At that point, mcg jazz and mcg youth & arts pivoted to virtual programming for the remainder of the 2019-20 fiscal year. Mcg jazz offers a variety of interactive virtual programming to stay connected to its audience. Live performances: each month mcg jazz hosts socially distanced live performances from the mcg jazz stage that is streamed via its website. Audiences are able to watch the performances on demand for a set amount of time following the premier. Archive concert broadcasts: mcg jazz streams concerts from the 33-year history of mcg jazz for audience members to relive a show they attended or see one they may have missed. Mcg jazz spotlight show mcg jazz on the radio weekly on the pittsburgh jazz channel, wzum every friday and sunday at 6pm and saturday at 1pm. Or stream online at www.wzum.org guess the soloist: weekly mcg jazz posts a 30 second clip from an improvised solo from the concert archives. Followers are encouraged to comment with their guesses. Learning about the legends: pittsburgh has been home to so many of the musicians, ar-rangers, composers, and educators that created the music we know today as jazz. Weekly mcg jazz gives followers a glimpse into the lives of mcg jazz pittsburgh jazz legends explaining why we pay tribute to these great pittsburghers. At the end of each month an excerpt from the complete transcription of each legend's oral history is released full of funny moments and life lessons. Ask the artist: each month mcg jazz hosts live chat sessions with an artist who has recorded on the mcg jazz label.

Form 990, Part IX, Line 11G

Other: program service expenses 486,019. Management and general expenses 0. Fundraising expenses 0. Total expenses 486,019.

Form 990, Part XII, Line 2C

This process had not changed from the prior year.

Financial Statement Notes

PART III, LINE 4:

The mcg jazz archive collection preserves more than 30 years of jazz for future generations. The martin luther king, jr photo collection artistically preserves a historic time period. The overall art collection is vital to the mission of the organization because it provides unique opportunities for urban youth and adults to see, discuss, evaluate and appreciate art. Art provides an opportunity for historical and cultural discussion to address modern day issues impacting diversity. It can build awareness and bridges between different cultures. Studying and viewing art allows students to learn how to produce art and preserve history and culture through art.

PART V, LINE 4:

The endowment funds are to be used to support the operations of mcg youth & arts and mcg jazz.

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require the organization's management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken a position that is uncertain. An uncertain position is defined as one in which there is a 50% or greater likelihood that the position will not be sustained upon examination by a taxing authority. Management has analyzed the tax positions taken by the organization and has concluded that, as of june 30, 2020, there are no uncertain tax positions taken or expected to be taken. The organization has recognized no interest or penalties related to uncertain tax positions. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990/Desc0MCG JAZZ PRESENTED A SUCCESSFUL 33RD ANNUAL CONCERT SEASON DURING 2019-20 UNTIL THE COVID-19 PANDEMIC HIT AND MCG JAZZ WAS FORCED TO SHUT DOWN THEIR ON-SITE FACILITIES. UP TO THAT POINT, MCG JAZZ'S CONCERT SEASON WAS SOLD AT 84 PERCENT CAPACITY. MCG JAZZ PRESENTED LIVE MUSIC TO 17,198 AUDIENCE MEMBERS AT MCG'S CONCERT HALL AND LOCAL ALLEGHENY COUNTY PARKS UNTIL THE PANDEMIC FORCED THE STATE AND COUNTRY INTO LOCKDOWN. IN RESPONSE TO THE VAST NUMBER OF MUSICIANS AND EDUCATORS LEFT UNEMPLOYED BY THE PANDEMIC, MCG JAZZ CREATED THE MCG JAZZ PERFORMANCE FUND. WITH THE SUPPORT OF THE OPPORTUNITY FUND AND LOCAL JAZZ PATRONS, THIS FUND WILL EVENTUALLY SUPPORT OVER 50 PITTSBURGH MUSICIANS IN THE COMING WEEKS AND MONTHS. THE MUSICIANS SELECTED FOR THE PROGRAM ARE GRANTED FUNDS TO EITHER COMPOSE NEW MUSIC OR CREATE NEW ARRANGEMENTS FOR AN ENSEMBLE OF REGIONAL MUSICIANS OF THEIR CHOOSING. MCG JAZZ ALSO WAS ABLE TO HOLD DIFFERENT LIVE AND IN-PERSON EVENTS, ALLOWING AN ACTUAL AUDIENCE TO SAFELY GATHER OUTSIDE. ONE WAS AS PART OF THE DRIVE-IN ARTS FESTIVAL, IN PARTNERSHIP WITH CITY THEATRE PITTSBURGH. THE OTHER, IN PARTNERSHIP WITH FORT WILLOW DEVELOPERS AND CON ALMA, WAS JAZZ AT BAY 41. THESE EVENTS ALLOWED HUNDREDS OF PEOPLE AND DOZENS OF MUSICIANS THE OPPORTUNITY TO TAKE PART IN THE IRREPLACEABLE AND INVALUABLE EXPERIENCE OF LIVE MUSICAL PERFORMANCE.ADDITIONALLY, MCG JAZZ PUBLISHED ITS FIRST BOOK "SPIRIT TO SPIRIT: A PORTRAIT OF PITTSBURGH JAZZ IN THE NEW CENTURY" IN THE LATTER HALF OF 2019. THIS BOOK MARKS MCG JAZZ'S INITIAL ENDEAVOR INTO THE PUBLISHING WORLD AND SIGNIFIES AN EXCITING MOMENT IN THE ORGANIZATION'S EVOLUTION. "SPIRIT TO SPIRIT" GIVES READERS AN INTIMATE LOOK AT THE MUSICIANS AND COMMUNITIES THAT COMPRISE PITTSBURGH'S JAZZ SCENE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0FOUNDER & EXECUTIVE CHAIR
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IRS990/ProgSrvcAccomActy2Grp/Desc0MCG YOUTH & ARTS' SUCCESSFUL PROGRAMMING YEAR SERVED 232 UNIQUE YOUTH THROUGH ITS FLAGSHIP AFTERSCHOOL APPRENTICESHIP TRAINING PROGRAM (ATP). SIGNIFICANTLY, 59 PERCENT OF ATP PARTICIPANTS WERE ACTIVE WITH THE ALLEGHENY COUNTY DEPARTMENT OF HUMAN SERVICES AND THEREFORE CONSIDERED AT-RISK. SURVEYS OF HIGH SCHOOL SENIORS WHO PARTICIPATED IN ATP AND REVIEWS OF GRADUATION RECORDS SHOW THAT 100 PERCENT OF PARTICIPANTS GRADUATED FROM HIGH SCHOOL ON TIME IN 2019, AND 98 PERCENT PLAN TO PURSUE HIGHER EDUCATION OPPORTUNITIES.MCG YOUTH & ARTS WAS EXPERIENCING AN INCREASE IN ATP ENROLLMENT FOR THEIR SPRING 2020 TRIMESTER OF WHEN THE PANDEMIC HIT. THE CLOSURE OF SCHOOLS DUE TO COVID-19 PREVENTED STUDENTS FROM ATTENDING MCG YOUTH & ARTS PROGRAMS ON-SITE. ONCE IT WAS EVIDENT THE LOCKDOWN WOULD GO ON FOR AN EXTENDED PERIOD OF TIME, MCG YOUTH & ARTS REALIZED THE SIGNIFICANT LEARNING LOSS THAT WOULD BURDEN THEIR STUDENTS, WHO IN MANY CASES ARE ALREADY CONSIDERED AN AT-RISK POPULATION. A STUDY CONDUCTED BY MCKINSEY & COMPANY FOUND THAT BECAUSE OF THE PANDEMIC AND SCHOOL CLOSURES, BLACK STUDENTS MAY FALL BEHIND ACADEMICALLY BY 10.3 MONTHS, HISPANIC STUDENTS BY 9.2 MONTHS, AND LOW-INCOME STUDENTS BY MORE THAN A YEAR. WITH THE PROVEN CONNECTION BETWEEN ARTS EDUCATION AND ACADEMIC SUCCESS IN MIND, MCG YOUTH & ARTS MADE IT A PRIORITY TO MOVE ITS PROGRAMMING TO AN ONLINE PLATFORM. ATP COURSES WERE OFFERED OVER ZOOM WITH MCG YOUTH & ARTS TEACHING ARTISTS TEACHING STUDENTS REMOTELY FROM THEIR HOMES. 62 STUDENTS ENROLLED IN THE VIRTUAL ATP PROGRAMMING WITH COURSES RANGING FROM "AVAILAILISM 101" TO "SHOW US WHAT YOU GOT", A CERAMICS COURSE. MCG YOUTH & ARTS ALSO CONTINUED TO OFFER ITS CAREER AND COLLEGE PLACEMENT PROGRAM THAT ASSISTS HIGH SCHOOL SENIORS WITH POST-SECONDARY EDUCATION PLANNING ONLINE WITH STUDENTS MEETING WITH MCG YOUTH & ARTS STAFF VIRTUALLY. ADDITIONALLY, MCG YOUTH & ARTS ENSURED ANNUAL EVENTS AND CELEBRATIONS OF STUDENT WORK WERE NOT CANCELED DUE TO THE PANDEMIC. MCG YOUTH & ARTS HOSTED ITS ANNUAL MCG INVITATIONAL VIRTUALLY IN PARTNERSHIP WITH PITTSBURGH PUBLIC SCHOOLS. THIS YEAR'S INVITATIONAL FEATURED A VIRTUAL ART SHOWCASE WITH OVER 300 PIECES OF STUDENT WORK. NEARLY $300,000 IN THE FORM OF CASH PRIZES, FUNDED WORKSHOPS, AND COLLEGE SCHOLARSHIPS WERE AWARDED TO STUDENTS WHO ENTERED THE INVITATIONAL. THE MCGI ALL-CITY AWARDS PRESENTATION WAS STREAMED ONLINE TO RECOGNIZE SPONSORS, AWARDING INSTITUTIONS, AND AWARD-WINNING STUDENTS.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.3$2.29$13.0$3.38$3.51$0.13
2023Detailed filing. Detailed filing data is available for this year.$15.1$2.23$12.9$2.52$3.30$0.78
2022Detailed filing. Detailed filing data is available for this year.$15.4$2.13$13.3$3.61$3.02$0.59
2021Detailed filing. Detailed filing data is available for this year.$15.5$2.04$13.5$4.46$2.39$2.08
2020Detailed filing. Detailed filing data is available for this year.$13.9$3.75$10.1$4.39$3.42$0.97
2019Detailed filing. Detailed filing data is available for this year.$13.6$4.27$9.29$3.51$3.42$0.09
2018Detailed filing. Detailed filing data is available for this year.$10.8$1.77$9.06$4.55$2.84$1.72
2017Detailed filing. Detailed filing data is available for this year.$8.96$1.61$7.35$2.34$3.09$0.75
2016Detailed filing. Detailed filing data is available for this year.$9.36$1.50$7.86$2.72$3.08$0.36
2015Detailed filing. Detailed filing data is available for this year.$9.80$1.70$8.10$3.54$2.96$0.58
2014Detailed filing. Detailed filing data is available for this year.$8.23$0.52$7.71$3.27$2.97$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.51$0.47$7.04$2.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.92$0.36$6.56$2.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.18$0.31$6.87$2.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.94$0.31$5.63$2.99