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Nonprofit · EIN 23-7366640

SALISBURY SYMPHONY INC

Tax-exempt · SALISBURY, NC 28145

Financials

$376K$503K2022$771K$936K2023$579K$672K2024
Revenue Expenses · by fiscal year end
Financials of SALISBURY SYMPHONY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$578,642$671,872-$93,230$558,124$44,234$513,890
June 30, 2024990$770,518$935,935-$165,417$714,600$107,480$607,120
June 30, 2023990$376,081$502,786-$126,705$773,021-$2,958$775,979
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$206,792
of which government grants
$206,792
Program service revenue
$209,905
Investment income
$60,985
Other revenue
$100,960

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$130,150
Salaries, compensation and benefits (total)
$142,114
Professional fundraising fees
$0
Accounting fees
$7,641
Occupancy
$12,894
Travel
$234
Program services (functional)
$431,634
Management and general (functional)
$240,238

Balance sheet and other

Total assets, start of year
$714,600
Total assets, end of year
$558,124
Total liabilities, end of year
$44,234
Net assets, end of year
$513,890
Net assets without donor restrictions
-$332,990
Net assets with donor restrictions
$846,880
Gross receipts
$578,642
Employees
8
Volunteers
300
Year formed
1972
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM M BUCHERINTERIM EXEC DIRECTOR
Former
0$34,091
HUNTER SAFRITEXECUTIVE DIRECTOR
Former
0$20,000
PETER FERRETTIEXECUTIVE DIRECTOR
Key employee
0$5,625
DAVIS BROWNDIRECTOR
Trustee or director
1$0
JEAN B WURSTERVICE PRESIDENT
Trustee or director, Officer
1$0
TIM A GUDGERTREASURER
Trustee or director, Officer
1$0
STEPHANIE POTTERPRESIDENT
Trustee or director, Officer
0$0
JERRY COCHRANDIRECTOR
Trustee or director
0$0
CARLA COPELAND-BURNSDIRECTOR
Trustee or director
1$0
JOHN COWANSECRETARY
Trustee or director, Officer
1$0
HALEY FREEMANDIRECTOR
Trustee or director
1$0
JUDE JOSEPHDIRECTOR
Trustee or director
1$0
RICKY HOWSAREDIRECTOR
Trustee or director
1$0
MARK BIASDIRECTOR
Trustee or director
1$0
DOTTIE HOYDIRECTOR
Trustee or director
1$0
7 more people on this return
NameTitleHours / weekCompensation
BEN JONESDIRECTOR
Trustee or director
1$0
BARRY PHILLIPSDIRECTOR
Trustee or director
1$0
FRANK LABAGNARADIRECTOR
Trustee or director
1$0
SUE MCHUGHDIRECTOR
Trustee or director
1$0
CORIAN MINCYDIRECTOR
Trustee or director
1$0
ANDREW PRATERDIRECTOR
Trustee or director
1$0
LAWRENCE QUINNETTDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensation
HUNTER SAFRITEXECUTIVE DIRECTOR
Trustee or director, Key employee
40$55,000
BARRY PHILLIPSDIRECTOR
Trustee or director
1$0
00 JONESDIRECTOR
Trustee or director
1$0
MARK BIASDIRECTOR
Trustee or director
1$0
DOTTIE HOYDIRECTOR
Trustee or director
1$0
FRANK LABAGNARADIRECTOR
Trustee or director
1$0
ANDREW PRATERDIRECTOR
Trustee or director
1$0
LAWRENCE QUINNETTDIRECTOR
Trustee or director
1$0
SUE MCHUGHDIRECTOR
Trustee or director
1$0
CORIAN MINCYDIRECTOR
Trustee or director
1$0
RICKY HOWSAREDIRECTOR
Trustee or director
1$0
CARLA COPELAND-BURNSDIRECTOR
Trustee or director
1$0
JERRY COCHRANDIRECTOR
Trustee or director
0$0
DAVIS BROWNDIRECTOR
Trustee or director
1$0
HALEY FREEMANDIRECTOR
Trustee or director
1$0
JUDE JOSEPHDIRECTOR
Trustee or director
1$0
JEAN B WURSTERVICE PRESIDENT
Trustee or director, Officer
1$0
TIM A GUDGERTREASURER
Trustee or director, Officer
1$0
JOHN COWANSECRETARY
Trustee or director, Officer
1$0
STEPHANIE POTTERPRESIDENT
Trustee or director, Officer
0$0
990 for the year ended June 30, 2023: 21 people
NameTitleHours / weekCompensation
HUNTER SAFRITEXECUTIVE DIRECTOR
Trustee or director, Key employee, Highest-paid employee
40$40,000
BEN JONESDIRECTOR
Trustee or director
0$0
JASON KEITHDIRECTOR
Trustee or director
0$0
RICKY HOWSAREDIRECTOR
Trustee or director
0$0
MARK STEPHENSONDIRECTOR
Trustee or director
0$0
DOTTIE HOYDIRECTOR
Trustee or director
0$0
ANDREW PRATERDIRECTOR
Trustee or director
0$0
LAWRENCE QUINNETTDIRECTOR
Trustee or director
0$0
CORIAN MINCYDIRECTOR
Trustee or director
0$0
FRANK LABAGNARADIRECTOR
Trustee or director
0$0
SUE MCHUGHDIRECTOR
Trustee or director
0$0
CARLA COPELAND-BURNSDIRECTOR
Trustee or director
0$0
JERRY COCHRANDIRECTOR
Trustee or director
0$0
TRIPP CLEMENTDIRECTOR
Trustee or director
0$0
HALEY FREEMANDIRECTOR
Trustee or director
0$0
WESTON EWARTDIRECTOR
Trustee or director
0$0
LYNDIA HEWARDDIRECTOR
Trustee or director
0$0
JEAN B WURSTERVICE PRESIDENT
Trustee or director, Officer
0$0
TIM A GUDGERTREASURER
Trustee or director, Officer
0$0
MARK BIASSECRETARY
Trustee or director, Officer
0$0
STEPHANIE POTTERPRESIDENT
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 1828, SALISBURY, NC 28145-1828
In care of
% PETER FERRETTI
Principal officer (990 for 2024)
STEPHANIE POTTER, P O BOX 1828, SALISBURY, NC 281451828
Signed the 990
PETER FERRETTI, EXECUTIVE DIRECTOR
Phone
(704) 216-1513
Return prepared by
CYNTHIA A THOMAS CPA

Mission

TO EDUCATE, ENTERTAIN, INSPIRE, ENGAGE AND ENRICH OUR COMMUNITY AND SURROUNDING AREAS THROUGH ORCHESTRAL MUSIC, MUSICAL PERFORMANCES AND MUSIC EDUCATION.

990 for the year ended June 30, 2025

Program accomplishments

  • SYMPHONY ORCHESTRA CONCERTS, OTHER COMMUNITY EVENTS AND MUSIC EDUCATION FOR SCHOOL CHILDREN.
    Expenses $431,634 · revenue $530,625

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7366640
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1974
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$558,124
Income (IRS master file)
$578,642

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$578,642$671,872$558,124IRS
990June 2024$770,518$935,935$714,600XML
990June 2023$376,081$502,786$773,021IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7366640).

Questions about SALISBURY SYMPHONY INC

What is the EIN of SALISBURY SYMPHONY INC?
The employer identification number (EIN) of SALISBURY SYMPHONY INC is 23-7366640.
Is SALISBURY SYMPHONY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to SALISBURY SYMPHONY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SALISBURY SYMPHONY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SALISBURY SYMPHONY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SALISBURY SYMPHONY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SALISBURY SYMPHONY INC?
The 990 for the year ended June 30, 2025 names STEPHANIE POTTER.
Who are the officers and directors of SALISBURY SYMPHONY INC?
The 990 for the year ended June 30, 2025 lists 22 people; 3 received compensation from the organization, the highest $34,091 (WILLIAM M BUCHER, INTERIM EXEC DIRECTOR).
How much revenue does SALISBURY SYMPHONY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $578,642, expenses of $671,872 and total assets of $558,124 at year end.

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