2025-02-13T15:56:38-06:00 2024-06-30 560571159 BERNARD ROBINSON & COMPANY LLP 100 E CUMBERLAND STREET DUNN NC 28334 990 2023-07-01 581603429 PIEDMONT COUNCIL OF TRADITIONAL MUSIC INC PIED 9196648333 PO BOX 28534 RALEIGH NC 27611 BECKY BELL BOARD PRESIDENT 9196648333 2025-02-13 1 0 JOHN M ROBINSON P01281319 9108921021 2025-01-20 2023 2025-03-06 01:10:19Z BECKY BELL 2 E SOUTH STREET RALEIGH NC 27607 722404 0 X HTTP://WWW.PINECONE.ORG X 1984 NC TO PRESERVE, PRESENT, AND PROMOTE ALL FORMS OF TRADITIONAL MUSIC, DANCE, AND OTHER FOLK PERFORMING ARTS. 9 9 3 243 0 0 408668 249351 437422 473053 0 0 0 0 846090 722404 0 0 0 0 164229 244339 0 0 0 605303 623027 769532 867366 76558 -144962 1002122 805715 119029 67584 883093 738131 TO PRESERVE, PRESENT, AND PROMOTE ALL FORMS OF TRADITIONAL MUSIC, DANCE, AND OTHER FOLK PERFORMING ARTS. 0 0 753310 473053 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. 753310 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 84 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X TODD HEMPHILL 9196648333 2 E SOUTH STREET RALEIGH NC 27607 BECKY BELL PRESIDENT 1.00 X X 0 0 0 JACK ROUSH VICE PRESIDENT 1.00 X X 0 0 0 TODD HEMPHILL TREASURER 1.00 X X 0 0 0 WILSON SAYRE SECRETARY 1.00 X X 0 0 0 SPENCER MOBLEY BOARD MEMBER 1.00 X 0 0 0 SOPHIA ENRIQUEZ BOARD MEMBER 1.00 X 0 0 0 KATHY LAGANA BOARD MEMBER 1.00 X 0 0 0 TOLA OGUNTOYIMBO BOARD MEMBER 1.00 X 0 0 0 MICHAEL SCHOENFELD BOARD MEMBER 1.00 X 0 0 0 DAVID TATE BOARD MEMBER 1.00 X 0 0 0 ROB NELSON BOARD MEMBER 1.00 X 0 0 0 DAVID BROWER EXECUTIVE DIRECTOR 40.00 X 94035 0 16285 94035 0 16285 0 0 0 0 0 230375 18976 249351 PERFORMANCE FEES 711300 303072 303072 CONCERT ADMISSIONS 711300 132349 132349 MEMBERSHIPS 711130 21915 21915 OTHER 812900 11612 11612 SALES 459420 4105 4105 473053 722404 473053 0 0 91926 73541 18385 104834 88608 16226 33055 25767 7288 14524 11969 2555 47213 47213 113921 113921 16033 6616 9417 278 278 7372 7372 2694 1751 943 ARTIST FEES 287723 287723 TECHNICAL AND PRODUCTIO 76407 76407 OTHER PROGRAM EXPENSES 52370 52370 MISCELLANEOUS 6303 6154 149 12713 8483 4230 867366 753310 114056 0 728071 733652 195223 41904 39523 3697 1863 0 38548 17199 28721 21349 8721 5113 1002122 805715 36445 13508 77103 50599 5481 3477 119029 67584 X 699103 699921 183990 38210 883093 738131 1002122 805715 -144962 0 X 0 1 X 1 0 X 524415 351503 630237 408668 249351 2164174 19984 44746 28772 35916 35200 164618 544399 396249 659009 444584 284551 2328792 155022 2173770 2328792 1873764 0.93340 0.93770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38548 17199 21349 21349 LEASED COPIER LIABILITY 3477 3477 X 760100 37696 37696 722404 0 722404 905062 37696 37696 867366 0 867366 PART X, LINE 2: IT IS THE TAXPAYER'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2024 AND 2023. FORM 990, PART VI, SECTION B, LINE 11B PINECONE'S FINANCE COMMITTEE WILL MAKE EVERY EFFORT TO DISTRIBUTE TO THE BOARD OF DIRECTORS THE COMPANY'S FEDERAL FORM 990, INCLUDING ALL REQUIRED SCHEDULES, PRIOR TO FILING THE FORM AND SCHEDULES WITH THE INTERNAL REVENUE SERVICE. HARD COPIES AND/OR ELECTRONIC FILES ARE ACCEPTABLE FORMS OF DISTRIBUTION. THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO PRESENTED AT THE FIRST REGULARLY SCHEDULED MEETING OF BOARD AND STAFF FOLLOWING THE COMPLETION OF THE DOCUMENTS. THE DOCUMENTS ARE REVIEWED AND DISCUSSED AT LENGTH. FORM 990, PART VI, SECTION B, LINE 12C ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED AMONG STAFF AND BOARD AT REGULARLY SCHEDULED BOARD MEETINGS (EVERY OTHER MONTH). IF A POTENTIAL CONFLICT OF INTEREST ARISES, THE BOARD MEMBER OR MANAGEMENT EMPLOYEE MUST DISCLOSE THE POTENTIAL CONFLICT TO THE BOARD OF DIRECTORS. FURTHER, THE BOARD MEMBER OR MANAGEMENT EMPLOYEE SHALL NOT VOTE ON NOR PARTICIPATE IN THE SOLICITATION, NEGOTIATION, FORMATION, AWARD, ARBITRATION, MODIFICATION, OR SETTLEMENT OF ANY CONTRACT OR GRANT INVOLVING STATE FUNDS OR OF ANY DISPUTE ARISING UNDER SUCH CONTRACT OR GRANT WHEN THE BOARD MEMBER OR MANAGEMENT EMPLOYEE STANDS TO BENEFIT, EITHER DIRECTLY OR INDIRECTLY, FROM SUCH CONTRACT OR GRANT. FORM 990, PART VI, SECTION B, LINE 15A PINECONE'S FINANCE AND EXECUTIVE COMMITTEES WILL OBTAIN KEY SALARY DATA FROM AREA NON-PROFIT ARTS INSTITUTIONS TO COMPARE COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS. THE COMMITTEE MAY ESTABLISH PERFORMANCE CRITERIA RELATED TO THE ARTISTIC AND FINANCIAL PERFORMANCE OF THE COMPANY IN THE DETERMINATION OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 PINECONE'S GOVERNING DOCUMENTS ARE CURRENTLY AVAILABLE TO THE GENERAL PUBLIC AT OUR OFFICE AND UPON REQUEST.