Civic Intelligence

Triad Festival Singers Inc

EIN 58-1348531 • 501(c)3 • Winstonsalem, NC

Profile

The mission of piedmont chamber singers is to:(1) perform vocal chamber music(2) train musicians in vocal music performance practice(3) encourage the composition of new music for the small vocal ensemble(4) broaden interest in choral music as a whole through education and performance

2569 Reynolda RoadWinstonsalem, NC 27106

pcs-sings.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

16th percentile

-39%

Higher net margin than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$20,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 41.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

21st percentile

-46%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

93rd percentile

136%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$22,268

Down $19,008 (-46%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$22,268

Down $19,008 (-46%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin16th percentile

Revenue

Up

$48,376

Up $27,895 (+136%) from 2022

Expenses

Up

$67,384

Up $27,893 (+71%) from 2022

Net Income

Up

-$19,008

Up $2 (+0.0%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $23,947Liabilities 2011: $02011Assets 2018: $110,948Liabilities 2018: $0Net Assets 2018: $110,9482018Assets 2019: $91,847Liabilities 2019: $0Net Assets 2019: $91,8472019Assets 2020: $77,945Liabilities 2020: $4,167Net Assets 2020: $73,7782020Assets 2021: $60,286Liabilities 2021: $0Net Assets 2021: $60,2862021Assets 2022: $41,276Liabilities 2022: $0Net Assets 2022: $41,2762022Assets 2023: $22,268Liabilities 2023: $0Net Assets 2023: $22,2682023

Highlighted filing

2023

Assets$22,268
Liabilities$0
Net Assets$22,268
Open 2023 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $47,315Expenses 2011: $46,360Net Income 2011: $9552011Revenue 2018: $147,135Expenses 2018: $61,756Net Income 2018: $85,3792018Revenue 2019: $38,027Expenses 2019: $57,128Net Income 2019: -$19,1012019Revenue 2020: $44,851Expenses 2020: $62,920Net Income 2020: -$18,0692020Revenue 2021: $24,720Expenses 2021: $38,212Net Income 2021: -$13,4922021Revenue 2022: $20,481Expenses 2022: $39,491Net Income 2022: -$19,0102022Revenue 2023: $48,376Expenses 2023: $67,384Net Income 2023: -$19,0082023

Highlighted filing

2023

Revenue$48,376
Expenses$67,384
Net Income-$19,008
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,268
Liabilities
$0
Net assets
$22,268
Revenue
$48,376
Expenses
$67,384
Net income
-$19,008
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.48$0.67$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.20$0.39$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.25$0.38$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.78$0.04$0.74$0.45$0.63$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.38$0.57$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$1.47$0.62$0.85
2011Summary only. Only limited summary data is available for this year.$0.24$0.00$0.47$0.46$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$48,376
Mission and Program Overview

Mission

The mission of piedmont chamber singers is to:(1) perform vocal chamber music(2) train musicians in vocal music performance practice(3) encourage the composition of new music for the small vocal ensemble(4) broaden interest in choral music as a whole through education and performance

Program Services

DescriptionGrantsExpenses
COMMUNITY VOCAL CHAMBER MUSIC CONCERTS AND PERFORMANCES.$0$56,965
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAYSON SNIPESMusic Director-$20,000-$20,000
NORRIS NORWOODDirector-$6,000-$6,000
DEBBIE ROBINSONPresident-$0--
SALLY GANTSecretary-$0--
KEN CARPENTERTreasurer-$0--
ALI FENNODirector-$0--
DAVID HASTINGSDirector-$0--
ANN JONESDirector-$0--
BETSY OVERTONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Triad Festival Singers Inc
EIN
58-1348531
Phone
3367224022
Address
2569 REYNOLDA ROAD, WINSTONSALEM, NC 27106

Signing Officer

Name
Debbie Robinson
Title
President
Phone
3363895340
Signed
2024-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Leeper Kean and Rumley Llp
Address
3623 N ELM ST STE 100, GREENSBORO, NC 27455
Preparer
Martin W Durrence
Phone
3362743700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: miscellaneous income. Amount: 16.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: concert expenses. Amount: 23,717. Description: office expenses. Amount: 2,884. Description: advertising. Amount: 4,353. Total to form 990-ez, line 16: 30,954.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: music library - nondepreciable assets. Beg. Of year amount: 22,035. End of year amount: 22,035.”

Raw XML Appendix194 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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