An organic light emitting display and associated method includes: initializing a first node of a storage capacitor, connected between the first node and a second node, with a first driving voltage that is provided from a first power terminal; applying a sustain voltage to the first node and placing a driving transistor in a diode connection state, wherein the driving transistor comprises a gate electrode connected to the second node, an electrode connected to the first power terminal, and another electrode connected to an organic light emitting diode through a third node; applying a data signal, provided from the data line through a switching transistor comprising a gate electrode connected to a scan line, an electrode connected to the data line, and another electrode connected to a first node, to the first node; and generating a compensation voltage by applying the first driving voltage to the first node.