Pianofest INC

Tax-deductible

Hudson, OH501(c)(3)EIN 34-1617602Revenue $391K in FY2025

On file with the IRSPo Box 639, 44236-0639 · Hudson, OHTax-exempt since Aug 1990School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

Education Gifted Piano Student

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$66K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $10K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$66K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $26K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$391K
+7% vs prior year
Spent
$452K
To programs
71%
Net assets
$503K
By yearFY2020–FY2025
Revenue
$391K
FY2025▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$400K
FY2021$313K
FY2022$313K
FY2023$438K
FY2024$366K
FY2025$391K
Expenses
$452K
FY2025▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$204K
FY2021$285K
FY2022$411K
FY2023$412K
FY2024$398K
FY2025$452K
Net assets
$503K
FY2025▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$640K
FY2021$668K
FY2022$570K
FY2023$596K
FY2024$564K
FY2025$503K

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1990.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $323K Management & general 15% · $70K Fundraising 13% · $59K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

25 people listed on the 990; $66K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director
$50,000Pt VII · Sec A
Operation Mgr
$16,160Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Paul Schenly$50,000$50,000$50,000$50,000
Daniel Koontz$16,160$16,160$16,160$16,160

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Pianofest INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Pianofest INC is a nonprofit based in Hudson, OH.

Questions for Pianofest INC

Tap to ask. Pianofest INC sees how many people are interested.

Your first name shows with your question. Pianofest INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $323K · in their own filed words · FY2025
01

Curriculum consisting of eight weeks of intensive teaching study and performance of classical repetoire during June through August benefitting eighteen students

$323Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$391K
Ln 12
Gifts and grantsLn 1h$345K
Fees for servicesLn 2g$34K
Investment incomeLn 3$12K
Money outPt IX
$452K
Ln 25
Programscol B$323K
Managementcol C$70K
Fundraisingcol D$59K
Owns and owesPt X
$503K
net assets · Ln 32
Cash and savingsLn 1–2$147K
Total assetsLn 16$503K
LiabilitiesLn 26$0
PeoplePt VI, VII
25
listed · VII A
PaidVII A2
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$345K
Fundraising eventsLn 1c$345K
Fees for servicesLn 2g$34K
Investment incomeLn 3$12K
Total revenueLn 12$391K
Assets in detailPt X, end of year
CashLn 1$147K
Cash and savings togetherLn 1–2$147K
InvestmentsLn 11–13$306K
Land, buildings, equipmentLn 10c$49K
Total assetsLn 16$503K
LiabilitiesLn 26$0
Net assetsLn 32$503K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$188K$147K
InvestmentsLn 11–13$323K$306K
Land, buildings, equipmentLn 10c$53K$49K
Total assetsLn 16$564K$503K
LiabilitiesLn 26$0$0
Net assetsLn 32$564K$503K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$66K$16K$50K
Payroll taxesLn 10$6K$1K$5K
Accounting feesLn 11c$8K$8K
Advertising and promotionLn 12$9K$5K$5K
Office expensesLn 13$4K$4K
OccupancyLn 16$118K$62K$56K
TravelLn 17$4K$4K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$35K$33K$2K
Other expenses (24a–d)Ln 24$138K$138K
All other expensesLn 24e$59K$59K
Total functional expensesLn 25$452K$323K$70K$59K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $391K$452K−$61K$503K 990 PDF
FY2024 $366K$398K−$32K$564K 990 PDF
FY2023 $438K$412K$26K$596K 990 PDF
FY2022 $313K$411K−$98K$570K 990 PDF
FY2021 $313K$285K$28K$668K 990 PDF
FY2020 $400K$204K$196K$640K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $390,980 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $321,444$344,897
I-9 Program service revenuePrior year $32,058$33,681
I-10 Investment incomePrior year $12,292$12,402
I-11 Other revenue$0
I-12 Total revenuePrior year $365,794$390,980
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $71,402$72,179
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $326,788$379,632
I-18 Total expensesPrior year $398,190$451,811
I-19 Revenue less expensesPrior year −$32,396−$60,831
Part VI · Governance 25 of 25 board members independent, no flags
VI-1a Voting members of the governing body25
VI-1b Independent voting members25
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $390,980 across 6 lines filed
VIII-1c Fundraising events$344,897
VIII-1h Total contributions, gifts and grants$344,897
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $33,681$33,681
VIII-3 Investment incomeRelated to mission $12,402$12,402
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $46,083 · Unrelated business $0 · Excluded from tax $0$390,980
Part IX · Statement of functional expenses $451,811 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $16,160 · Fundraising $50,000$66,160
IX-10 Payroll taxesPrograms $1,469 · Fundraising $4,550$6,019
IX-11c Accounting feesManagement $8,051$8,051
IX-12 Advertising and promotionPrograms $4,555 · Fundraising $4,555$9,110
IX-13 Office expensesManagement $3,695$3,695
IX-16 OccupancyPrograms $62,500 · Management $56,000$118,500
IX-17 TravelPrograms $4,346$4,346
IX-22 Depreciation, depletion and amortizationPrograms $3,660$3,660
IX-23 InsurancePrograms $32,964 · Management $2,257$35,221
IX-24 Other expenses (24a–d)Programs $137,810$137,810
IX-24e All other expensesPrograms $59,239$59,239
IX-25 Total functional expensesPrograms $322,703 · Management $70,003 · Fundraising $59,105$451,811
Part X · Balance sheet $502,893 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $188,424$147,445
X-10c Land, buildings and equipment, netStart of year $52,688$49,028
X-11 Publicly traded securitiesStart of year $11,886$13,060
X-12 Other securitiesStart of year $310,726$293,360
X-16 Total assetsStart of year $563,724$502,893
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $422,589$361,758
X-28 Net assets with donor restrictionsStart of year $141,135$141,135
X-32 Total net assets or fund balancesStart of year $563,724$502,893
X-33 Total liabilities and net assetsStart of year $563,724$502,893
Part XI · Reconciliation of net assets $502,893 net assets at year end
XI-1 Total revenue$390,980
XI-2 Total expenses$451,811
XI-3 Revenue less expenses−$60,831
XI-4 Net assets at start of year$563,724
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$502,893

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.