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Pittsburgh Cultural Trust
From Wikipedia, the free encyclopedia
The Pittsburgh Cultural Trust (PCT) is an American, nonprofit, arts organization that was formed in 1984 to promote economic and cultural development in Downtown Pittsburgh, Pennsylvania.[2] The "Trust" has focused its work on a fourteen-square block section known as the Cultural District,[3] which encompasses numerous entertainment and cultural venues, restaurants, and residential buildings.
![]() The Pittsburgh Cultural Trust commissioned the Allegheny Riverfront Park in Downtown Pittsburgh in the early 1990s | |
Abbreviation | PCT |
---|---|
Formation | 1984 |
Founder | H. J. Heinz II |
Headquarters | Pittsburgh, Pennsylvania |
President and CEO | Kendra Whitlock Ingram |
Revenue (2022) | $64.2 million |
Expenses (2022[1]) | $64.6 million |
Website | trustarts |
This organization reportedly oversees more than one million square feet of real estate, including commercial and residential buildings, making it one of the largest landowners downtown.[4][5]
In recent years, it has had a contentious relationship with the city of Pittsburgh concerning the tax status for many of its properties, resulting in a case being heard by the state Supreme Court in 2011.[6]
As of February 2023, the PCT's president and CEO is Kendra Whitlock Ingram. According to its 2022 "Report to the Community", PCT's net assets were valued at $219 million.[1]