In Thursday’s (11/20) Pittsburgh Business Times, Jake Dabkowski writes, “The PSO released its financial results for fiscal year 2025, which runs from September 1, 2024 to August 31, 2025. In addition to a $2.3 million surplus on its operating budget of $34.6 million, the PSO saw its highest annual ticket sales since the Covid-19 pandemic. Total ticket sales reached $9.48 million, a 17% increase over last fiscal year and is one part of earned revenue, alongside Heinz Hall rentals, which accounts for 23.6% of the PSO’s total revenue. Contributed revenue, in the form of donations, makes up approximately 52.8% of its total revenue with 23.5% from its endowments, according to the organization’s annual impact report…. The impact report also provides a breakdown of the PSO’s expenses. Approximately 78% goes toward ‘people, programming and Heinz Hall’ while approximately 22% goes towards administrative costs…. PSO President and CEO Melia Tourangeau wrote in the impact report, ‘Many arts organizations are making tough decisions about their future. However, I view our recent successes as confirmation that our continued investment in our people and programming is the right strategy for the future and for the Pittsburgh communities we serve.’ ”
