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Nonprofiteer
← CHAMBER MUSIC RALEIGH INC

Form 990 for tax year 2023

Filed by CHAMBER MUSIC RALEIGH INC.

What the amendment changed

Compared with the return it replaced , filed 8 December 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$292,644
Total expenses
$229,109
Contributions and grants received
$193,980
Grants paid
$0
Program service revenue
$92,258
Investment income
$5,906
Other revenue
$500
Total assets, end of year
$384,106
Total liabilities, end of year
$6,837
Net assets or fund balances, end of year
$377,269
Program services expenses (Part IX)
$199,718
Management and general expenses
$21,503
Fundraising expenses
$7,888
Program service expenses (Part III)
$199,718

Program services were 87.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $16,700

  • 1f · All other contributions, gifts and grants

    $177,280

  • 2a · Program service revenue: CONCERT TICKET SALES

    total $92,258 · related or exempt $92,258

  • 3 · Investment income

    total $5,906 · related or exempt $5,906

  • 8a · Fundraising events: contributions included on line 1c

    $16,700

  • 11a · Other revenue: ADVERTISING REVENUE

    total $500 · unrelated business $500

  • 11e · Other revenue, total

    $500

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $36,549 · program services $27,000 · management and general $5,949 · fundraising $3,600

  • 10 · Payroll taxes

    total $2,754 · program services $2,066 · management and general $413 · fundraising $275

  • 11c · Fees: accounting

    total $6,286 · management and general $6,286

  • 11f · Fees: investment management

    total $3,797 · management and general $3,797

  • 11g · Fees: other

    total $106,716 · program services $106,716

  • 13 · Office expenses

    total $613 · program services $460 · management and general $92 · fundraising $61

  • 16 · Occupancy

    total $8,533 · program services $8,533

  • 17 · Travel

    total $18,438 · program services $18,438

  • 20 · Interest

    total $23 · management and general $23

  • 23 · Insurance

    total $1,235 · program services $926 · management and general $185 · fundraising $124

  • 24a · Other expenses: BANK FEES

    total $3,263 · management and general $3,263

  • 24b · Other expenses: PRINTING AND COPYING

    total $15,183 · program services $13,801 · fundraising $1,382

  • 24c · Other expenses: POSTAGE AND SHIPPING

    total $9,860 · program services $8,610 · fundraising $1,250

  • 24d · Other expenses: MISCELLANEOUS EXPENSES

    total $5,446 · program services $4,600 · management and general $712 · fundraising $134

  • 24e · All other expenses

    total $10,413 · program services $8,568 · management and general $783 · fundraising $1,062

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $68,692 · end of year $68,161

  • 2 · Savings and temporary cash investments

    end of year $60,938

  • 3 · Pledges and grants receivable

    beginning of year $28,260 · end of year $35,002

  • 4 · Accounts receivable

    end of year $51

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,500

  • 11 · Investments: publicly traded securities

    beginning of year $219,317 · end of year $219,954

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,502 · end of year $6,837

  • 27 · Net assets without donor restrictions

    beginning of year $97,717 · end of year $160,719

  • 28 · Net assets with donor restrictions

    beginning of year $216,550 · end of year $216,550

Mission and programs · 2023

Mission

TO ENRICH AND CONNECT INDIVIDUALS IN THE GREATER RALEIGH COMMUNITY THROUGH INTIMATE AND EXCEPTIONAL CHAMBER MUSIC EXPERIENCES. WE ARE COMMITTED TO PRESENTING WORLD CLASS ARTISTS PERFORMING MUSIC OF THE HIGHEST CALIBER, PROVIDING PERFORMANCE SHOWCASES FOR NC ARTISTS.

  • CHAMBER MUSIC RALEIGH PRODUCES THE SIGHTS AND SOUNDS CHAMBER MUSIC SERIES FOR THE NORTH CAROLINA MUSEUM OF ART AND ACCOMPANYING MUSIC EDUCATION ACTIVITIES.

    Expenses $199,718

As filed on the 2023 return.

Listed in Part VII

  • KAINE RIGGAN

    EXECUTIVE DIRECTOR

    Total calculated
    $36,000
    From this org
    $36,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    20
  • RAMACHANDRA REDDY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • DAN PORPER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • ED SZABO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • TERRY ELIZABETH THOMPSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • JEFFREY KROLIK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • MARY CRESIMORE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • STEPHEN REYNOLDS

    CHAIR

    Total calculated
    $0
    Hours/week
    3
  • ROBERT YOUNG

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3
  • PEG OCONNELL

    SECRETARYTREASURER

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
8 December 2025
IRS schema version
2023v6.0
Source object
202543539349300504

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