Numerous editorials have covered the Pittsburgh Cultural Trust’s work in overseeing Pittsburgh’s most historic transformations—turning a seedy red-light district into a magnet destination for arts lovers, residents, visitors, and business owners. Founded in 1984, the Trust is a non-profit arts organization whose mission is the cultural and economic revitalization of the 14-block arts and entertainment/residential neighborhood called Pittsburgh’s Cultural District, which attracts over two million visitors annually. The organization has grown from a $170k budget in 1984 to a $53M budget today. Most importantly, 90% of the annual budget is allocated to the mission and programs and the organization has maintained a balanced budget year to year.
Below are seven key principles that informed the development of Pittsburgh’s Cultural District. Read the rest of this entry »