Arts, Culture & Humanities (A200) 990 on File

PINECONE THE PIEDMONT COUNCIL OF TRADITIONAL MUSIC

EIN: 58-1603429 · RALEIGH, NC 27611-8534 · United States · FY 2026 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 95/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2026 · Scored 10/18/2026

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Financial Overview — FY 2026

$1.2M

Total Revenue

$1.0M

Total Expenses

$879K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 86.1%

Fundraising Efficiency N/A

Operating Reserve 10.42x

Liability-to-Asset 18.3%

Revenue Diversification 54.9%

Executive Compensation $100K

Compared with Peers

FY 2026

Compared with 36 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2026.

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	86.1%	81.7%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	13.9%	13.7%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.3%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	10.4 mo	18.8 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	18.3%	7.8%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	54.9%	75.0%	P10P90	Top quarter
Revenue growth Year over year revenue growth	30.3%	5.9%	P10P90
Expense growth Year over year expense growth	6.7%	6.6%	P10P90
Surplus margin Surplus as a share of revenue	13.2%	2.0%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2026	$1.2M	$1.0M	$879K	86.1%	3
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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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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