Triangle Pride Band Inc
Nonprofit profile at a glance
- EIN
- 813249918
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Raleigh, NC, USA
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Music Groups, Bands, Ensembles
Reported finances
- Revenue
- $79,478
- Expenses
- $56,547
- Assets
- $86,887
- Liabilities
- $13,669
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- Demetrius Adams (President)
- Quince Mobley (Vice President)
People named in this filing
- Demetrius Adams (President)
- Quince Mobley (Vice President)
- Kelden Bigelow (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Triangle Pride Band is committed to providing accessible high quality music experiences to the LGBTQ+ community and their allies in Central North Carolina. We aim to strengthen our community through sharing our love of music and promoting social equality arts education and queer visibility.
What it reported doing in 2025
Planned and performed 9 concerts throughout the year with ~1,750 total attendees from the LGBTQ+ community and their allies in Central North Carolina.
Operating model
- Revenue model
- Donor-supported. 62% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 100
- Sustainability: 57
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.9%; rating input score 49
- Program expense ratio: 68.7%; rating input score 69
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 28.9%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.54; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 12.3%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 48.9% of revenue deployed · 68.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $39K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.