PITTSBURGH \u2014 The Pittsburgh Symphony Orchestra reported a $2.3 million budget surplus for its fiscal year 2025.<\/p>\n
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. <\/p>\n
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 account for 23.6% of the PSO\u2019s total revenue. <\/p>\n
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\u2019s annual impact report.<\/a><\/p>\n \u201cThese results are more than financial metrics, they represent people reconnecting with live performance,\u201d Board Chair Anthony Bucci said in a prepared statement. \u201cThe PSO\u2019s surplus budget and record revenues underscore the success of our long-term strategy, to invest in people, programming and partnerships that make the arts essential to Pittsburgh\u2019s identity and future.\u201d <\/p>\n Click here to read more from our partners at the Pittsburgh Business Times.<\/a><\/p>\n Download the FREE WPXI News app<\/a> for breaking news alerts.<\/p>\n Follow Channel 11 News on Facebook<\/a> and Twitter<\/a>. | Watch WPXI NOW<\/a><\/p>\n TOP STORIES FROM CHANNEL 11 NEWS <\/p>\n \u00a92025 Cox Media Group<\/p>\n