Skip to content
Nonprofiteer
← SOUTH CAROLINA MANUFACTURERS INSTITUTE

Form 990 for tax year 2024

Filed by SOUTH CAROLINA MANUFACTURERS INSTITUTE.

Totals

Total revenue
$571,576
Total expenses
$215,639
Contributions and grants received
$567,500
Grants paid
$0
Program service revenue
$0
Investment income
$4,076
Other revenue
$0
Total assets, end of year
$438,732
Total liabilities, end of year
$17,400
Net assets or fund balances, end of year
$421,332
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$211,542

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.

  • 1f · All other contributions, gifts and grants

    $567,500

  • 3 · Investment income

    total $4,076 · excluded $4,076

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $2,249

  • 23 · Insurance

    total $1,848

  • 24a · Other expenses: PUBLIC RELATIONS EXPENS

    total $136,500

  • 24b · Other expenses: CONSULTING EXPENSE

    total $39,882

  • 24c · Other expenses: ANALYTICS EXPENSE

    total $35,160

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $65,395 · end of year $438,732

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $17,400

  • 27 · Net assets without donor restrictions

    beginning of year $65,395 · end of year $421,332

Mission and programs · 2024

Mission

TO PROMOTE A VARIETY OF PRO-BUSINESS POLICIES DESIGNED TO FOSTER THE GROWTH OF MANUFACTURING; TO PROMOTE CAREERS IN MANUFACTURING YOUNG PERSONS; TO RESEARCH AND IDENTIFY IMPEDIMENTS TO THE GROWTH OF MANUFACTURING IN SOUTH CAROLINA AS A VIABLE CAREER ALTERNATIVE TO PERSONS ENTERING THE WORKFORCE.

  • TO PROMOTE A VARIETY OF PRO-BUSINESS POLICIES DESIGNED TO FOSTER THE GROWTH OF MANUFACTURING; PROMOTE CAREERS IN MANUFACTURING; TO RESEARCH AND IDENTIFY IMPEDIMENTS TO GROWTH OF MANUFACTURING IN SOUTH CAROLINA AND SEEK SOLUTIONS TO IMPROVING SOUTH CAROLINA'S ECONOMIC COMPETITIVENESS.

    Expenses $211,542 · Revenue $567,500

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • James Richter

    BOARD MEMBER

    Total calculated
    $103,351
    From this org
    $0
    From related orgs
    $93,945
    Other
    $9,406
    Hours/week
    1 + 40 related
  • Grant Burns

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Sara Hazzard

    PRESIDENT

    Total calculated
    $255,016
    From this org
    $0
    From related orgs
    $241,949
    Other
    $13,067
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $241,721 related
    Bonus
    $0
    Other
    $0 + $228 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $13,067 related
    Filer's total
    $0 + $255,016 related
  • Sunny S Phillips

    VP OF MEMBER RELATIONS

    Total calculated
    $172,153
    From this org
    $0
    From related orgs
    $170,953
    Other
    $1,200
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $170,449 related
    Bonus
    $0
    Other
    $0 + $504 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $1,200 related
    Filer's total
    $0 + $172,153 related
  • Allen Klump

    VP GOVERNMENT RELATIONS

    Total calculated
    $144,442
    From this org
    $0
    From related orgs
    $138,790
    Other
    $5,652
    Hours/week
    0 + 40 related
  • Elisabeth Kovacs

    EXECUTIVE DIR SC FUTURE MAKERS

    Total calculated
    $126,068
    From this org
    $0
    From related orgs
    $124,777
    Other
    $1,291
    Hours/week
    0 + 40 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

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 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

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

No itemized grants to organizations 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
2024
Filed
10 February 2026
IRS schema version
2024v5.5
Source object
202630429349300213

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.