Form 990 for tax year 2023
Filed by PINECONE THE PIEDMONT COUNCIL OF TRADITIONAL MUSIC.
Totals
- Total revenue
- $722,404
- Total expenses
- $867,366
- Contributions and grants received
- $249,351
- Grants paid
- $0
- Program service revenue
- $473,053
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $805,715
- Total liabilities, end of year
- $67,584
- Net assets or fund balances, end of year
- $738,131
- Program services expenses (Part IX)
- $753,310
- Management and general expenses
- $114,056
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $753,310
Program services were 86.9% 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.
-
1e · Government grants (contributions)
$230,375
-
1f · All other contributions, gifts and grants
$18,976
-
2a · Program service revenue: PERFORMANCE FEES
total $303,072 · related or exempt $303,072
-
2b · Program service revenue: CONCERT ADMISSIONS
total $132,349 · related or exempt $132,349
-
2c · Program service revenue: MEMBERSHIPS
total $21,915 · related or exempt $21,915
-
2d · Program service revenue: OTHER
total $11,612 · related or exempt $11,612
-
2e · Program service revenue: SALES
total $4,105 · related or exempt $4,105
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $91,926 · program services $73,541 · management and general $18,385
-
7 · Other salaries and wages
total $104,834 · program services $88,608 · management and general $16,226
-
9 · Other employee benefits
total $33,055 · program services $25,767 · management and general $7,288
-
10 · Payroll taxes
total $14,524 · program services $11,969 · management and general $2,555
-
11c · Fees: accounting
total $47,213 · management and general $47,213
-
12 · Advertising and promotion
total $113,921 · program services $113,921
-
13 · Office expenses
total $16,033 · program services $6,616 · management and general $9,417
-
19 · Conferences, conventions and meetings
total $278 · management and general $278
-
22 · Depreciation, depletion and amortization
total $7,372 · management and general $7,372
-
23 · Insurance
total $2,694 · program services $1,751 · management and general $943
-
24a · Other expenses: ARTIST FEES
total $287,723 · program services $287,723
-
24b · Other expenses: TECHNICAL AND PRODUCTIO
total $76,407 · program services $76,407
-
24c · Other expenses: OTHER PROGRAM EXPENSES
total $52,370 · program services $52,370
-
24d · Other expenses: MISCELLANEOUS
total $6,303 · program services $6,154 · management and general $149
-
24e · All other expenses
total $12,713 · program services $8,483 · management and general $4,230
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $728,071 · end of year $733,652
-
3 · Pledges and grants receivable
beginning of year $195,223 · end of year $41,904
-
4 · Accounts receivable
beginning of year $39,523 · end of year $3,697
-
9 · Prepaid expenses and deferred charges
beginning of year $1,863 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$38,548
-
10b · Land, buildings and equipment: accumulated depreciation
$17,199
-
10c · Land, buildings and equipment, net
beginning of year $28,721 · end of year $21,349
-
15 · Other assets
beginning of year $8,721 · end of year $5,113
-
17 · Accounts payable and accrued expenses
beginning of year $36,445 · end of year $13,508
-
19 · Deferred revenue
beginning of year $77,103 · end of year $50,599
-
25 · Other liabilities
beginning of year $5,481 · end of year $3,477
-
27 · Net assets without donor restrictions
beginning of year $699,103 · end of year $699,921
-
28 · Net assets with donor restrictions
beginning of year $183,990 · end of year $38,210
Mission and programs · 2023
Mission
TO PRESERVE, PRESENT, AND PROMOTE ALL FORMS OF TRADITIONAL MUSIC, DANCE, AND OTHER FOLK PERFORMING ARTS.
-
THE ROLE OF PINECONE IS TO INCREASE THE VISIBILITY OF NORTH CAROLINA'S PIEDMONT MUSIC AND MUSICIANS AND TO PROVIDE PUBLIC PROGRAMS AND EDUCATIONAL RESOURCES ABOUT THE DEPTH AND BREADTH OF CULTURAL EXPRESSION IN THE REGION TODAY. PINECONE PRESENTS MORE THAN 200 MUSIC PROGRAMS ANNUALLY, INCLUDING CONCERTS, FESTIVALS, RADIO SHOWS, JAM SESSIONS, YOUTH MUSIC CAMPS, WORKSHOPS, DOCUMENTARY PROJECTS, AND MORE. PINECONE IS THE LOCAL HOST FOR THE INTERNATIONAL BLUEGRASS MUSIC ASSOCIATION'S WORLD OF BLUEGRASS CONVENTION IN THE FALL, AND IS RESPONSIBLE FOR PRODUCING THE IBMA'S TWO-DAY WIDE OPEN BLUEGRASS FESTIVAL. MORE THAN 90% OF PINECONE'S PROGRAMS ARE OFFERED TO THE GENERAL PUBLIC AT NO COST.
Expenses $753,310 · Revenue $473,053
As filed on the 2023 return.
Listed in Part VII
-
Becky BellBECKY BELL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jack RoushJACK ROUSH
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Todd HemphillTODD HEMPHILL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Wilson SayreWILSON SAYRE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Spencer MobleySPENCER MOBLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sophia EnriquezSOPHIA ENRIQUEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kathy LaganaKATHY LAGANA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tola OguntoyimboTOLA OGUNTOYIMBO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael SchoenfeldMICHAEL SCHOENFELD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David TateDAVID TATE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rob NelsonROB NELSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David BrowerDAVID BROWER
EXECUTIVE DIRECTOR
- Total calculated
- $110,320
- From this org
- $94,035
- From related orgs
- $0
- Other
- $16,285
- Hours/week
- 40
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
- 13 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530449349302068
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