Skip to content
Nonprofiteer
← ETV ENDOWMENT OF SOUTH CAROLINA INC

Form 990 for tax year 2022

Filed by ETV ENDOWMENT OF SOUTH CAROLINA INC.

Totals

Total revenue
$12,417,364
Total expenses
$10,316,814
Contributions and grants received
$9,250,704
Grants paid
$1,078,324
Program service revenue
$845,299
Investment income
$2,297,244
Other revenue
$24,117
Total assets, end of year
$34,927,814
Total liabilities, end of year
$2,782,833
Net assets or fund balances, end of year
$32,144,981
Program services expenses (Part IX)
$8,641,463
Management and general expenses
$839,396
Fundraising expenses
$835,955
Program service expenses (Part III)
$8,641,463

Program services were 83.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $7,574,281

  • 1c · Fundraising events

    $55,750

  • 1e · Government grants (contributions)

    $89,542

  • 1f · All other contributions, gifts and grants

    $1,531,131

  • 1g · Noncash contributions included above

    $332,846

  • 2a · Program service revenue: UNDERWRITING

    total $845,299 · related or exempt $845,299

  • 3 · Investment income

    total $929,723 · excluded $929,723

  • 7a · Gross sales of assets other than inventory

    securities $8,343,067

  • 7b · Less cost or other basis and sales expenses

    securities $6,975,546

  • 7c · Gain or loss

    securities $1,367,521

  • 7d · Net gain or loss

    total $1,367,521 · excluded $1,367,521

  • 8a · Fundraising events: gross income

    $449,755

  • 8a · Fundraising events: contributions included on line 1c

    $55,750

  • 8b · Fundraising events: direct expenses

    $425,638

  • 8c · Net income from fundraising events

    total $24,117 · excluded $24,117

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,078,324 · program services $1,078,324

  • 5 · Compensation of officers, directors and key employees

    total $462,218 · program services $23,111 · management and general $369,774 · fundraising $69,333

  • 7 · Other salaries and wages

    total $510,213 · program services $455,010 · management and general $55,203

  • 8 · Pension plan contributions

    total $38,947 · program services $19,149 · management and general $17,021 · fundraising $2,777

  • 9 · Other employee benefits

    total $88,106 · program services $43,285 · management and general $38,750 · fundraising $6,071

  • 10 · Payroll taxes

    total $68,039 · program services $33,453 · management and general $29,735 · fundraising $4,851

  • 11c · Fees: accounting

    total $23,713 · program services $11,382 · management and general $12,331

  • 11f · Fees: investment management

    total $40,000 · management and general $40,000

  • 11g · Fees: other

    total $116,271 · program services $94,265 · management and general $22,006

  • 12 · Advertising and promotion

    total $94,844 · program services $84,817 · fundraising $10,027

  • 13 · Office expenses

    total $12,906 · program services $6,195 · management and general $6,711

  • 14 · Information technology

    total $46,129 · program services $22,142 · management and general $23,987

  • 16 · Occupancy

    total $48,730 · program services $23,390 · management and general $25,340

  • 17 · Travel

    total $20,906 · program services $8,507 · management and general $9,215 · fundraising $3,184

  • 19 · Conferences, conventions and meetings

    total $10,812 · program services $4,277 · management and general $4,633 · fundraising $1,902

  • 22 · Depreciation, depletion and amortization

    total $28,829 · program services $6,077 · management and general $22,752

  • 23 · Insurance

    total $15,946 · program services $7,654 · management and general $8,292

  • 24a · Other expenses: PROGRAM PRODUCTION

    total $5,287,961 · program services $5,287,961

  • 24b · Other expenses: UNDERWRITING

    total $845,299 · program services $845,299

  • 24c · Other expenses: PRINTING & PUBLICATIONS

    total $758,440 · program services $145,000 · fundraising $613,440

  • 24d · Other expenses: GIFTS FOR GIVING

    total $234,222 · program services $234,222

  • 24e · All other expenses

    total $485,959 · program services $207,943 · management and general $153,646 · fundraising $124,370

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $220,152 · end of year $3,880,863

  • 2 · Savings and temporary cash investments

    beginning of year $1,178,418 · end of year $1,536,300

  • 3 · Pledges and grants receivable

    beginning of year $49,415 · end of year $50,762

  • 4 · Accounts receivable

    beginning of year $275,281 · end of year $125,193

  • 9 · Prepaid expenses and deferred charges

    beginning of year $128,407 · end of year $41,399

  • 10a · Land, buildings and equipment: cost or other basis

    $283,357

  • 10b · Land, buildings and equipment: accumulated depreciation

    $189,104

  • 10c · Land, buildings and equipment, net

    beginning of year $89,957 · end of year $94,253

  • 11 · Investments: publicly traded securities

    beginning of year $29,696,178 · end of year $28,793,588

  • 15 · Other assets

    beginning of year $210,201 · end of year $405,456

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,136,223 · end of year $1,999,648

  • 19 · Deferred revenue

    beginning of year $96,824 · end of year $65,236

  • 25 · Other liabilities

    beginning of year $513,211 · end of year $717,949

  • 27 · Net assets without donor restrictions

    beginning of year $24,592,916 · end of year $26,355,306

  • 28 · Net assets with donor restrictions

    beginning of year $5,508,835 · end of year $5,789,675

Mission and programs · 2022

Mission

THE ETV ENDOWMENT OF SOUTH CAROLINA IS A 501(C)(3) NONPROFIT FOUNDED IN 1977 THAT PROVIDES FUNDING FOR PROGRAMMING BROADCAST ON SOUTH CAROLINA ETV, SOUTH CAROLINA PUBLIC RADIO AND OTHER PUBLIC MEDIA STATIONS.

Activities or mission (Part I)

TO PROMOTE EDUCATIONAL PUBLIC BROADCASTING IN SOUTH CAROLINA.

  • PROGRAM PURCHASE - THROUGH ANNUAL MEMBERSHIP CONTRIBUTIONS, THE ETV ENDOWMENT OF SOUTH CAROLINA SUPPORTS PROGRAMS BROADCAST BY SCETV, SC PUBLIC RADIO AND OTHER PUBLIC MEDIA STATIONS. THE ENDOWMENT'S 46,500 DONORS MADE MORE THAN 263,000 INDIVIDUAL GIFTS IN FY23. THESE MEMBERSHIP FUNDS ARE USED TO PURCHASE PROGRAMMING SEEN ON 11 TELEVISION STATIONS BROADCASTING FOUR TELEVISION CHANNELS AND HEARD ON NINE RADIO STATIONS BROADCASTING TWO PROGRAMMING STREAMS THROUGHOUT THE STATE. FUNDING FOR THE PROGRAMMING THAT IS BROADCAST 24 HOURS PER DAY, SEVEN DAYS PER WEEK, INCLUDING THE NATIONAL PBS AND NPR SCHEDULES, IS PROVIDED BY MEMBERS OF THE ENDOWMENT. THE ETV ENDOWMENT IS PROUD TO SERVE ALL SOUTH CAROLINIANS, WITHOUT REGARD TO THEIR ABILITY TO PAY FOR THE MANY PROGRAMS OFFERED.

    Expenses $5,012,991 · Revenue $845,299

  • PROGRAM PRODUCTION - SINCE ITS FOUNDING IN 1977, THE ETV ENDOWMENT HAS MANAGED NEARLY $136 MILLION IN RESTRICTED GRANTS FROM CORPORATIONS, FOUNDATIONS AND INDIVIDUALS AS WELL AS STATE AND GOVERNMENTAL ENTITIES. THE ENDOWMENT USES THESE FUNDS IN ACCORDANCE WITH GRANT RESTRICTIONS TO PRODUCE AND/OR PRESENT PROGRAMS FOR DISTRIBUTION ON A NATIONAL, REGIONAL OR STATE LEVEL. SCETV, SC PUBLIC RADIO AND THE ETV ENDOWMENT ALSO CONTRIBUTE SIGNIFICANT IN-KIND CONTRIBUTIONS TO THESE PROGRAMS TO ENSURE COMPLETION AND DISTRIBUTION. SUCH PROGRAMS INCLUDE TELEVISION, RADIO AND NON-BROADCAST EDUCATIONAL PROGRAMS.

    Expenses $3,249,250 · Grants $1,078,324

  • MEMBER SERVICES - FOR 45 YEARS, THE ETV ENDOWMENT FAMILY OF DONORS, NUMBERING 46,500 HAS PROVIDED MEMBERSHIP CONTRIBUTIONS TO SUSTAIN THE PROGRAM PURCHASE AND PRODUCTION OF TELEVISION AND RADIO PROGRAMMING. SINCE THE ENDOWMENT'S INCEPTION IN 1977, OUR ENDOWMENT DONORS HAVE CONTRIBUTED MORE THAN $153 MILLION IN UNRESTRICTED MEMBERSHIP FUNDS. EVERY MEMBER OF THE ENDOWMENT IS OFFERED A MONTHLY SCENE PROGRAM GUIDE, WHICH HIGHLIGHTS THE OFFERINGS ON EACH OF SCETV'S FOUR TELEVISION CHANNELS AND TWO RADIO STREAMS. THE ENDOWMENT ALSO SENDS TO MEMBERS MEMBERSHIP DECALS FOR THEIR VEHICLES EACH YEAR SO OTHERS MAY KNOW OF THEIR SUPPORT OF PUBLIC MEDIA IN SOUTH CAROLINA. LASTLY, THE ENDOWMENT MAILED MORE THAN 2,900 APPRECIATION GIFTS TO OUR DONORS IN FY23. THOSE GIFTS INCLUDED DVDS, BOOKS AND TICKETS TO PERFORMANCES ASSOCIATED WITH ETV AND SC PUBLIC RADIO, ALL OF WHICH EXTEND THE EDUCATIONAL OUTREACH COMPONENT OF SCETV'S PROGRAMMING.

    Expenses $379,222

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Wm Self Jr

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Catherine Edwards

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • William A Finn

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Traci Young Cooper EdD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Maryanne Belser

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • James W Bradshaw

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • David Buckshorn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • J Ashley Cooper

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Eleanor Dunlap

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lane Gilpin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cheryl Grant

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jimmy Gulledge

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Annie Ham

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Wes Hayes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Helen Holland

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Michelle Logan-Owens

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Patti McAbee-Eison

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Gail Morrison

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rose Buyck Newton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Preston Sabalis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • James Simmons MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MacAulay Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jim O Stuckey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • L Andrew Westbrook III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rachel B Chapman

    BOARD MEMBER - RETIRED

    Total calculated
    $0
    Hours/week
    1

  • Paul Duane

    BOARD MEMBER - RETIRED

    Total calculated
    $0
    Hours/week
    1

  • Jo Watson Hackl

    BOARD MEMBER - RETIRED

    Total calculated
    $0
    Hours/week
    1

  • Peter Tecklenburg

    BOARD MEMBER - RETIRED

    Total calculated
    $0
    Hours/week
    1

  • Pamela Williams

    BOARD MEMBER - RETIRED

    Total calculated
    $0
    Hours/week
    1

  • Coby C Hennecy CPA CFRE

    EXECUTIVE DIRECTOR

    Total calculated
    $267,544
    From this org
    $233,062
    From related orgs
    $10,885
    Other
    $23,597
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $204,278 + $10,885 related
    Bonus
    $28,784
    Other
    $0
    Deferred
    $11,653 + $544 related
    Nontaxable benefits
    $11,400
    Filer's total
    $256,115 + $11,429 related

  • Lauren Chivers

    FINANCIAL OFFICER

    Total calculated
    $162,637
    From this org
    $139,686
    From related orgs
    $6,866
    Other
    $16,085
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $121,914 + $6,866 related
    Bonus
    $17,772
    Other
    $0
    Deferred
    $6,984 + $343 related
    Nontaxable benefits
    $8,758
    Filer's total
    $155,428 + $7,209 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202323179349309937

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.