Nonprofit · EIN 58-1818884
TRIANGLE YOUTH MUSIC INC
Tax-exempt · CARY, NC 27512
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $671,600 | $626,181 | $45,419 | $583,780 | $57,519 | $526,261 |
| June 30, 2024 | 990 | $603,787 | $563,627 | $40,160 | $515,938 | $57,638 | $458,300 |
| June 30, 2023 | 990 | $523,798 | $478,029 | $45,769 | $422,767 | $19,286 | $403,481 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $548,859
- of which government grants
- $98,808
- Membership dues
- $333,558
- Program service revenue
- $111,135
- Investment income
- $7,868
- Other revenue
- $3,738
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $92,400
- Other salaries and wages
- $203,776
- Salaries, compensation and benefits (total)
- $318,834
- Professional fundraising fees
- $0
- Accounting fees
- $6,589
- Occupancy
- $43,440
- Travel
- $49,554
- Depreciation
- $1,639
- Program services (functional)
- $499,979
- Management and general (functional)
- $94,148
- Fundraising (functional)
- $32,054
Balance sheet and other
- Total assets, start of year
- $515,938
- Total assets, end of year
- $583,780
- Total liabilities, end of year
- $57,519
- Net assets, end of year
- $526,261
- Land, buildings and equipment
- $5,046
- Publicly traded securities
- $273,912
- Net assets without donor restrictions
- $305,324
- Net assets with donor restrictions
- $220,937
- Gross receipts
- $671,600
- Employees
- 18
- Volunteers
- 298
- Year formed
- 1988
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH WHITNEY | EXECUTIVE DI Officer | 40 | $92,400 |
| CHRISTIN DANCHI | PRESIDENT Trustee or director, Officer | 3 | $0 |
| STEPHANIE PETZOLD | PAST PRESIDE Trustee or director, Officer | 3 | $0 |
| BOB WEISE | TREASURER Trustee or director, Officer | 3 | $0 |
| PAMELA BASH | SECRETARY Trustee or director, Officer | 3 | $0 |
| ZOILA AIRALL | AT-LARGE Trustee or director | 1 | $0 |
| JOEL DUQUENE | AT-LARGE Trustee or director | 1 | $0 |
| TIFFANY HADDOCK | AT-LARGE Trustee or director | 1 | $0 |
| STEVE HODGES | AT-LARGE Trustee or director | 1 | $0 |
| JENNIFER MULROONEY | AT-LARGE Trustee or director | 1 | $0 |
| KELLI PARTIN | AT-LARGE Trustee or director | 1 | $0 |
| CHRISTOPHER SHORT | AT-LARGE Trustee or director | 1 | $0 |
| SETH WEINREB | AT-LARGE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH WHITNEY | EXECUTIVE DI Officer | 40 | $77,000 |
| CHRISTIN DANCHI | PRESIDENT Trustee or director, Officer | 3 | $0 |
| STEPHANIE PETZOLD | PAST PRESIDE Trustee or director, Officer | 3 | $0 |
| BOB WEISE | TREASURER Trustee or director, Officer | 3 | $0 |
| KRISTA WIESE TELFORD | SECRETARY Trustee or director, Officer | 3 | $0 |
| ZOILA AIRALL | AT-LARGE Trustee or director | 1 | $0 |
| PAMELA BASH | AT-LARGE Trustee or director | 1 | $0 |
| KIM BENTLEY | AT-LARGE Trustee or director | 1 | $0 |
| JASON CAMPBELL | AT-LARGE Trustee or director | 1 | $0 |
| JOEL DUQUENE | AT-LARGE Trustee or director | 1 | $0 |
| TIFFANY HADDOCK | AT-LARGE Trustee or director | 1 | $0 |
| JACOBUS HERMSEN | AT-LARGE Trustee or director | 1 | $0 |
| STEVE HODGES | AT-LARGE Trustee or director | 1 | $0 |
| ALICE JU | AT-LARGE Trustee or director | 1 | $0 |
| PHIL KATES | AT-LARGE Trustee or director | 1 | $0 |
| KELLI PARTIN | AT-LARGE Trustee or director | 1 | $0 |
| CHRISTOPHER SHORT | AT-LARGE Trustee or director | 1 | $0 |
| STEPHANIE SWISHER | AT-LARGE Trustee or director | 1 | $0 |
| SETH WEINREB | AT-LARGE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH WHITNEY | EXECUTIVE DI Officer | 40 | $75,000 |
| STEPHANIE PETZOLD | PRESIDENT Trustee or director, Officer | 3 | $0 |
| SETH WEINREB | PAST PRESIDE Trustee or director, Officer | 3 | $0 |
| CHRISTIN DANCHI | VICE-PRESIDE Trustee or director, Officer | 3 | $0 |
| BOB WEISE | TREASURER Trustee or director, Officer | 3 | $0 |
| KRISTA WIESE TELFORD | SECRETARY Trustee or director, Officer | 3 | $0 |
| ZOILA AIRALL | AT-LARGE Trustee or director | 1 | $0 |
| PAMELA BASH | AT-LARGE Trustee or director | 1 | $0 |
| KIM BENTLEY | AT-LARGE Trustee or director | 1 | $0 |
| JASON CAMPBELL | AT-LARGE Trustee or director | 1 | $0 |
| JOEL DUQUENE | AT-LARGE Trustee or director | 1 | $0 |
| TIFFANY HADDOCK | AT-LARGE Trustee or director | 1 | $0 |
| JACOBUS HERMSEN | AT-LARGE Trustee or director | 1 | $0 |
| STEVE HODGES | AT-LARGE Trustee or director | 1 | $0 |
| ALICE JU | AT-LARGE Trustee or director | 1 | $0 |
| PHIL KATES | AT-LARGE Trustee or director | 1 | $0 |
| KELLI PARTIN | AT-LARGE Trustee or director | 1 | $0 |
| CHRISTOPHER SHORT | AT-LARGE Trustee or director | 1 | $0 |
| STEPHANIE SWISHER | AT-LARGE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 782, CARY, NC 27512-0782
- Principal officer (990 for 2024)
- SARAH WHITNEY, P O BOX 782, CARY, NC 27512
- Signed the 990
- SARAH WHITNEY, EXECUTIVE DIRECTOR
- Phone
- (919) 645-8434
- Website
- WWW.TRIANGLEYOUTHMUSIC.ORG
- Return prepared by
- MADDISON & CAISON LLP
Mission
THE MISSION IS TO PROVIDE AN OPPORTUNITY FOR YOUNG MUSICIANS TO LEARN, UNDERSTAND, AND PERFORM ALL GENRES OF GREAT CLASSICAL AND JAZZ MUSIC AND TO PROVIDE TRAINING TO PROMOTE THE STUDENTS' PARTICIPATION IN AND LIFELONG UNDERSTANDING AND LOVE OF GREAT CLASSICAL AND JAZZ MUSIC.
Program accomplishments
- THE ASSOCIATION SEEKS TO FOSTER THE LOVE OF GREAT MUSIC IN YOUNG MUSICIANS BY SPONSORING EIGHT MUSICAL ENSEMBLES. THESE ENSEMBLES INCLUDE THREE FULL SYMPHONY ORCHESTRAS AND THREE STRING ORCHESTRAS THAT STUDY AND PERFORM GREAT CLASSICAL MUSIC. THE DIFFERENT ORCHESTRAS SEEKS TO PROVIDE OPPORTUNITIES TO 4TH THROUGH 12TH GRADE MUSICIANS OF VARIOUS LEVELS OF PROFICIENCY. THE TRIANGLE YOUTH PHILMARMONIC IS THE MOST ADVANCED GROUP; THE TRIANGLE YOUTH SYMPHONY IS FOR MODERATELY ADVANCED MUSICIANS; THE TRIANGLE YOUTH ORCHESTRA IS FOR INTERMEDIATE STUDENTS; THE TRIANGLE YOUTH STRING SINFONIA AND THE TRIANGLE YOUTH STRING ORCHESTRA ARE FOR YOUNG STRING PLAYERS TO DEVELOP THEIR SKILLS; AND THE TRIANGLE YOUTH JAZZ ENSEMBLE IS FOR HIGH SCHOOL STUDENTS INTERESTED IN PERMORMING THE BEST OF THE BIG BAND JAZZ LITERATURE.Expenses $499,979 · revenue $111,135
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1818884
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $583,780
- Income (IRS master file)
- $671,600
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $671,600 | $626,181 | $583,780 | XML |
| 990 | June 2024 | $603,787 | $563,627 | $515,938 | XML |
| 990 | June 2023 | $523,798 | $478,029 | $422,767 | XML |
| 990 | June 2022 | $398,304 | $381,959 | $375,449 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 58-1818884).
Questions about TRIANGLE YOUTH MUSIC INC
- What is the EIN of TRIANGLE YOUTH MUSIC INC?
- The employer identification number (EIN) of TRIANGLE YOUTH MUSIC INC is 58-1818884.
- Is TRIANGLE YOUTH MUSIC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to TRIANGLE YOUTH MUSIC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRIANGLE YOUTH MUSIC 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 TRIANGLE YOUTH MUSIC 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 TRIANGLE YOUTH MUSIC 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 TRIANGLE YOUTH MUSIC INC?
- The 990 for the year ended June 30, 2025 names SARAH WHITNEY.
- Who are the officers and directors of TRIANGLE YOUTH MUSIC INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $92,400 (SARAH WHITNEY, EXECUTIVE DI).
- How much revenue does TRIANGLE YOUTH MUSIC INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $671,600, expenses of $626,181 and total assets of $583,780 at year end.
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