Form 990 for tax year 2022
Filed by SOUTH CAROLINA GOVERNORS SCHOOL FOR THE ARTS AND HUMANITIES FOUNDATION.
Totals
- Total revenue
- $1,209,788
- Total expenses
- $1,780,014
- Contributions and grants received
- $1,341,638
- Grants paid
- $717,835
- Program service revenue
- $0
- Investment income
- $153,953
- Other revenue
- -$285,803
- Total assets, end of year
- $7,915,093
- Total liabilities, end of year
- $181,053
- Net assets or fund balances, end of year
- $7,734,040
- Program services expenses (Part IX)
- $1,503,679
- Management and general expenses
- $103,729
- Fundraising expenses
- $172,606
- Program service expenses (Part III)
- $1,503,679
Program services were 84.5% 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.
-
1f · All other contributions, gifts and grants
$1,341,638
-
1g · Noncash contributions included above
$27,210
-
3 · Investment income
total $153,953 · related or exempt $153,953
-
11a · Other revenue: INVESTMENT RETURNS
total -$285,803 · related or exempt -$285,803
-
11e · Other revenue, total
-$285,803
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $717,835 · program services $717,835
-
5 · Compensation of officers, directors and key employees
total $44,583 · program services $18,828 · management and general $9,170 · fundraising $16,585
-
6 · Compensation of disqualified persons
total $60,596 · program services $25,590 · management and general $12,463 · fundraising $22,543
-
7 · Other salaries and wages
total $109,244 · program services $46,134 · management and general $22,471 · fundraising $40,639
-
10 · Payroll taxes
total $30,419 · program services $12,954 · management and general $6,177 · fundraising $11,288
-
12 · Advertising and promotion
total $12,330 · program services $3,657 · management and general $2,710 · fundraising $5,963
-
13 · Office expenses
total $59,026 · program services $34,919 · management and general $19,997 · fundraising $4,110
-
16 · Occupancy
total $11,440 · program services $6,714 · management and general $1,516 · fundraising $3,210
-
17 · Travel
total $82,563 · program services $78,195 · management and general $2,150 · fundraising $2,218
-
22 · Depreciation, depletion and amortization
total $275 · management and general $275
-
23 · Insurance
total $10,075 · program services $4,332 · management and general $2,015 · fundraising $3,728
-
24a · Other expenses: OUTSIDE SERVICES
total $412,921 · program services $357,805 · management and general $16,755 · fundraising $38,361
-
24b · Other expenses: EVENT COSTS
total $130,314 · program services $111,248 · management and general $4,267 · fundraising $14,799
-
24c · Other expenses: COMPUTER AND SOFTWARE
total $51,529 · program services $39,626 · management and general $2,741 · fundraising $9,162
-
24d · Other expenses: SUPPORT
total $45,842 · program services $45,842
-
24e · All other expenses
total $1,022 · management and general $1,022
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $685,102 · end of year $203,094
-
3 · Pledges and grants receivable
beginning of year $2,500 · end of year $431,990
-
9 · Prepaid expenses and deferred charges
beginning of year $2,261 · end of year $11,746
-
10a · Land, buildings and equipment: cost or other basis
$25,363
-
10b · Land, buildings and equipment: accumulated depreciation
$24,399
-
10c · Land, buildings and equipment, net
beginning of year $1,239 · end of year $964
-
11 · Investments: publicly traded securities
beginning of year $6,829,381 · end of year $7,260,836
-
15 · Other assets
beginning of year $11,692 · end of year $6,463
-
17 · Accounts payable and accrued expenses
beginning of year $36,454 · end of year $174,590
-
25 · Other liabilities
beginning of year $11,692 · end of year $6,463
-
27 · Net assets without donor restrictions
beginning of year $5,200,841 · end of year $5,092,513
-
28 · Net assets with donor restrictions
beginning of year $2,283,188 · end of year $2,641,527
Mission and programs · 2022
Mission
WE SERVE SOUTH CAROLINA'S ARTISTICALLY TALENTED STUDENTS BY INCREASING AWARENESS AND RAISING REVENUES TO ENSURE EXCELLENCE IN OUR NATION'S PREMIERE PUBLIC RESIDENTIAL SCHOOL FOR THE ARTS.
Activities or mission (Part I)
WE SERVE SOUTH CAROLINA'S ARTISTICALLY TALENTED STUDENTS BY INCREASING AWARENESS AND RAISING REVENUES TO ENSURE EXCELLENCE IN OUR NATION'S PREMIERE PUBLIC RESIDENTIAL HIGH SCHOOL FOR THE ARTS.
-
THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO STUDENTS IN NEED TO PARTICIPATE IN THE LIFE-TRANSFORMING OPPORTUNITIES AVAILABLE AT THE GOVERNOR'S SCHOOL, SUPPORT FOR THE SCHOOLS GUEST ARTIST PROGRAM, PROFESSIONAL DEVELOPMENT FOR FACULTY MEMBERS AND OTHER PROGRAM AND FACILITY NEEDS IDENTIFIED BY THE SCHOOL.
Expenses $1,503,679 · Grants $717,835
As filed on the 2022 return.
Listed in Part VII
-
CEDRIC ADDERLEY
PRESIDENT
- Total calculated
- $0
-
SUSAN ALLHUSEN
DIRECTOR
- Total calculated
- $0
-
LAURA DUKES
DIRECTOR
- Total calculated
- $0
-
SHANI GILCHRIST
DIRECTOR
- Total calculated
- $0
-
TERRY GRAYSON-CAPRIO
CHAIR
- Total calculated
- $0
-
BRIAN HARRIS
DIRECTOR
- Total calculated
- $0
-
NANCY HILLIARD JOYCE
DIRECTOR
- Total calculated
- $0
-
DAVID KELLER
DIRECTOR
- Total calculated
- $0
-
ERIN MCCASKILL
DIRECTOR
- Total calculated
- $0
-
FAIN MCDANIEL
DIRECTOR
- Total calculated
- $0
-
MAGGIE MORTON
DIRECTOR
- Total calculated
- $0
-
HASSIEM MUHAMMED
DIRECTOR
- Total calculated
- $0
-
BOB NACHMAN
TREASURER
- Total calculated
- $0
-
CHAD PROSSER
DIRECTOR
- Total calculated
- $0
-
KEVIN SHORT
DIRECTOR
- Total calculated
- $0
-
BRITTANY TIMMONS
DIRECTOR
- Total calculated
- $0
-
HEATHER MEADORS WHITLEY
DIRECTOR
- Total calculated
- $0
-
JONNIKA WILSON
DIRECTOR
- Total calculated
- $0
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.
Grants on this return
-
$717,835
SEE MISSION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202401369349306080
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