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Pennsylvania · Nonprofit

RIVERS OF STEEL HERITAGE CORPORATION

RIVERS OF STEEL HERITAGE CORPORATION (Pennsylvania) receives grants from 25 organizations whose IRS filings report $8,612,196 to it, the largest being HILLMAN FAMILY FOUNDATIONS ($3,000,000). 14 of them have funded it in more than one year.

Revenue FY2025
$11M
Funders on record
25
Grants received
$8.6M
Net assets
$19M
14/25 repeat funderspeak grant-dependency 53%
01What it does

What Rivers of Steel Heritage Corporation does

Mission

Rivers of Steel Heritage Corporation conserves, interprets, develops, and promotes historical, cultural and recreational resources throughout western pennsylvania, including the eight counties that comprise the rivers of steel national heritage area. The dynamic and powerful story of the region's evolution from colonial settlement to "big steel" to the modern era is evident in its many artifacts, buildings, vibrant communities and industrial sites. Among other destinations, such core landmarks as the carrie blast furnaces nos. 6 and 7, pinkerton's landing, the pump house and water tower at the site of the former united states steel homestead works, and the w. A. Young foundry and machine shop at rices landing on the monongahela river, illustrate the magnitude of this story.

As stated on its FY2025 Form 990.

Programs

On its FY2025 return the organization reported starting a significant new program.

The workforce development program is a paid nine-month, learn-and-earn initiative that trains emerging trades workers in welding, masonry, carpentry, safety, and preservation skills while they help restore historic industrial structures.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. Explorer - through ros pgh-101 an intro to innovation tour program, explorer provides tourism development of historic sites and attractions along pittsburgh's three rivers. The explorer program works with school districts in our heritage area to facilitate increased awareness of stem education classes available on the explorer in southwestern pennsylvania. It also provides charter services to local government, foundations, and corporations as well as individual groups.

    $427,319 spent$205,958 earned by the program
    15% of program spending
  2. Carrie furnace - declared a national historic landmark in 2006, rivers of steel continues its ongoing restoration work on the carrie site today. Through local tour guides, visitors marvel at the scale and legacy of its industrial might as 125 years of big steel comes alive on tours. These tours show how the steel industry played a major role in shaping not only the economy, but also the culture and environment of the mon-valley communities.

    $831,311 spent$248,141 earned by the program
    30% of program spending
  3. Ros arts - the arts program celebrates creative inquiry by crafting opportunities to interpret the region's past, reimagine its future, and explore a sense of place. Through exhibitions, festivals, workshops, tours and happenings, rivers of steel arts helps individuals connect with their communities in meaningful ways.

    $515,865 spentof which $18,519 as grants$67,316 earned by the program
    18% of program spending
  4. Rivers of steel's education programs use sites like the carrie blast furnaces to offer student experiences, artist residencies, outreach, and virtual programs that explore the region's industrial and cultural history through arts and heritage themes. Through its archives and preservation work, rivers of steel conserves everything from small ephemera to national historic landmarks, building collections and maintaining heritage sites that underpin its tours, exhibitions, and educational initiatives. Rivers of steel's receptive and heritage tourism programming packages tours, workshops, and experiences across the rivers of steel national heritage area, helping visitors engage with industrial history, public art, and local communities as a coordinated destination offering. The workforce development program is a paid nine-month, learn-and-earn initiative that trains emerging trades workers in welding, masonry, carpentry, safety, and preservation skills while they help restore historic industrial structures.

    $1,034,903 spentof which $88,900 as grants$181,260 earned by the program
    37% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,809,398.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.8M) Expenses 100 ($3.0M) Net assets 100 ($7.3M)2018 Revenue 134 ($2.4M) Expenses 86 ($2.6M) Net assets 97 ($7.0M)2019 Revenue 97 ($1.7M) Expenses 92 ($2.8M) Net assets 82 ($5.9M)2020 Revenue 114 ($2.0M) Expenses 77 ($2.3M) Net assets 77 ($5.6M)2021 Revenue 183 ($3.2M) Expenses 89 ($2.7M) Net assets 84 ($6.1M)2022 Revenue 196 ($3.5M) Expenses 113 ($3.4M) Net assets 85 ($6.2M)2023 Revenue 364 ($6.4M) Expenses 111 ($3.4M) Net assets 127 ($9.2M)2024 Revenue 370 ($6.6M) Expenses 130 ($4.0M) Net assets 163 ($12M)2025 Revenue 628 ($11M) Expenses 142 ($4.3M) Net assets 256 ($19M)
'17'18'19'20'21'22'23'24'25
Revenue (628)Expenses (142)Net assets (256)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $13M to $20M (+61%).

$7.7M
$7.5M
$7.2M
$7.0M
$7.1M
$6.9M
$10M
$13M
$20M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 57% · 2018 38% · 2019 25% · 2020 48% · 2021 60% · 2022 51% · 2023 25% · 2024 38% · 2025 21%. Grants only. Government contracts and fees sit inside program revenue.

93% of RIVERS OF STEEL HERITAGE CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$1.3M
’17
−$242k
’18
−$1.1M
’19
−$332k
’20
$522k
’21
$37k
’22
$3.1M
’23
$2.6M
’24
$6.8M
’25
22
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Richard C Wallace

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed292824252626272325
Joined·+4+5+9+1+3+2+0+3
No longer listed·59803141
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 10 funders, grant income rose $20k → $3.4M.

5 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RIVERS OF STEEL HERITAGE CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

RIVERS OF STEEL HERITAGE CORPORATION leans on a few funders — its largest provides 35% of grant income and the top three 77%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

35%
largest funder
77%
top three
~4
effective funders

Largest funder’s share by year: 2017 75% · 2018 85% · 2019 60% · 2020 42% · 2021 71% · 2022 42% · 2023 88% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

42% of RIVERS OF STEEL HERITAGE CORPORATION's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

96% of RIVERS OF STEEL HERITAGE CORPORATION's grant income comes from Pennsylvania funders.

NY
PA
NJ
NE
MD
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. $358k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

RIVERS OF STEEL HERITAGE CORPORATION runs a healthier operating margin than three-quarters of the 570 arts & culture nonprofits its size.

Operating margin61% · top quartile
Months of reserve22.4mo · top quartile
Revenue growth (annualized)26% · top quartile

this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025

Government funding RIVERS OF STEEL HERITAGE CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $11.2M on record.

Federal$11.2M
grants $11.2Mcontracts $0
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of the Interior$8.5M
  • Appalachian Regional Commission$1.5M
  • Institute of Museum and Library Services$750k
  • National Endowment for the Humanities$368k
  • National Endowment for the Arts$140k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like RIVERS OF STEEL HERITAGE CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

65% of spending goes to programs.

Program 65%Management 26%Fundraising 9%

Governance

22
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

58%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

PA

Screen this organization

A dated, signed PDF of the compliance screen for RIVERS OF STEEL HERITAGE CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RIVERS OF STEEL HERITAGE CORPORATION?
RIVERS OF STEEL HERITAGE CORPORATION (Pennsylvania) receives grants from 25 organizations whose IRS filings report $8,612,196 to it, the largest being HILLMAN FAMILY FOUNDATIONS ($3,000,000). 14 of them have funded it in more than one year.
How many funders does RIVERS OF STEEL HERITAGE CORPORATION have?
IRS filings report 25 organizations giving $8,612,196 in grants to RIVERS OF STEEL HERITAGE CORPORATION, 14 of which have funded it in more than one year.
Who is the largest funder of RIVERS OF STEEL HERITAGE CORPORATION?
HILLMAN FAMILY FOUNDATIONS is the largest funder on record, with $3,000,000 in grants. The full list of funders is on this page.
How can an organization like RIVERS OF STEEL HERITAGE CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 25 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing