Charity Search / PINECONE THE PIEDMONT COUNCIL OF TRADITIONAL MUSIC
Arts, Culture & Humanities (A200) 990 on File

PINECONE THE PIEDMONT COUNCIL OF TRADITIONAL MUSIC

EIN: 58-1603429 · RALEIGH, NC 27611-8534 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 97/100
Reliability (20%) 55/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$896K
Total Revenue
$949K
Total Expenses
$725K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.8%
Fundraising Efficiency N/A
Operating Reserve 9.16x
Liability-to-Asset 17.8%
Revenue Diversification 60.6%
Executive Compensation $97K
Compared with Peers
FY 2025
Compared with 7,068 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
85.8% 81.9%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
14.2% 13.7%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
9.2 mo 9.4 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
17.8% 1.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
60.6% 77.2%
P10P90
Above median
Revenue growth
Year over year revenue growth
24.0% 6.7%
P10P90
Expense growth
Year over year expense growth
9.5% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
-6.0% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $896K $949K $725K 85.8% 5
2024 $722K $867K $738K 86.9% 3
2023 $846K $770K $883K 88.8% 4
2022 $982K $647K $807K 87.0% 3
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Organization Details
EIN
58-1603429
State
NC
City
RALEIGH
ZIP
27611-8534
Classification
A200
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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