Form 990 for tax year 2023
Filed by SILVER LINING ARTS FOUNDATION INC.
Totals
- Total revenue
- $458,468
- Total expenses
- $450,548
- Contributions and grants received
- $74,441
- Grants paid
- $0
- Program service revenue
- $402,874
- Investment income
- $637
- Other revenue
- -$19,484
- Total assets, end of year
- $165,591
- Total liabilities, end of year
- $102,524
- Net assets or fund balances, end of year
- $63,067
- Program services expenses (Part IX)
- $389,755
- Management and general expenses
- $60,793
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $389,755
Program services were 86.5% 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
$74,441
-
2a · Program service revenue: Dance Instruction and Dance related activities
total $402,874 · unrelated business $0 · excluded $0
-
3 · Investment income
total $6 · unrelated business $0 · excluded $6
-
7a · Gross sales of assets other than inventory
other assets $5,950
-
7b · Less cost or other basis and sales expenses
other assets $5,319
-
7c · Gain or loss
other assets $631
-
7d · Net gain or loss
total $631 · related or exempt $0 · unrelated business $0 · excluded $631
-
8a · Fundraising events: gross income
$2,676
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$1,983
-
8c · Net income from fundraising events
total $693 · unrelated business $0 · excluded $693
-
10a · Gross sales of inventory
$80,459
-
10b · Cost of goods sold
$100,636
-
10c · Net income from sales of inventory
total -$20,177 · related or exempt -$20,177
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $108,032 · program services $62,582 · management and general $45,450 · fundraising $0
-
7 · Other salaries and wages
total $116,259 · program services $116,259 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $17,158 · program services $13,681 · management and general $3,477 · fundraising $0
-
11b · Fees: legal
total $1,743 · program services $0 · management and general $1,743 · fundraising $0
-
11c · Fees: accounting
total $5,528 · program services $0 · management and general $5,528 · fundraising $0
-
12 · Advertising and promotion
total $2,645 · program services $2,645 · management and general $0 · fundraising $0
-
13 · Office expenses
total $8,916 · program services $7,221 · management and general $1,695 · fundraising $0
-
14 · Information technology
total $4,690 · program services $1,790 · management and general $2,900 · fundraising $0
-
16 · Occupancy
total $107,786 · program services $107,786 · management and general $0 · fundraising $0
-
17 · Travel
total $14,423 · program services $14,423 · management and general $0 · fundraising $0
-
20 · Interest
total $10,238 · program services $10,238 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $7,643 · program services $7,643 · management and general $0 · fundraising $0
-
23 · Insurance
total $1,443 · program services $1,443 · management and general $0 · fundraising $0
-
24a · Other expenses: Auto Expenses
total $6,316 · program services $6,316 · management and general $0 · fundraising $0
-
24b · Other expenses: Education
total $2,588 · program services $2,588 · management and general $0 · fundraising $0
-
24c · Other expenses: Bank Charges
total $2,210 · program services $2,210 · management and general $0 · fundraising $0
-
24d · Other expenses: Franchise & Dues
total $3,125 · program services $3,125 · management and general $0 · fundraising $0
-
24e · All other expenses
total $29,805 · program services $29,805 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $35,101 · end of year -$2,581
-
2 · Savings and temporary cash investments
beginning of year $5,541
-
9 · Prepaid expenses and deferred charges
beginning of year $10,953 · end of year $20,337
-
10a · Land, buildings and equipment: cost or other basis
$144,806
-
10b · Land, buildings and equipment: accumulated depreciation
$7,643
-
10c · Land, buildings and equipment, net
end of year $137,163
-
12 · Investments: other securities
beginning of year $14,992 · end of year $9,672
-
15 · Other assets
end of year $1,000
-
17 · Accounts payable and accrued expenses
beginning of year $11,440 · end of year $47,114
-
23 · Secured mortgages and notes payable
end of year $55,410
-
27 · Net assets without donor restrictions
beginning of year $55,147 · end of year $63,067
Mission and programs · 2023
Mission
A Christ-centered performing arts center committed to excellence in dance education, superior instruction, & creating a safe environment that encourages the growth of the dancer in technique, heart, and soul.
-
Creating a flourishing Christ-centered arts environment in SC
Expenses $389,755 · Revenue $402,874
As filed on the 2023 return.
Listed in Part VII
-
Laura N Branfuhr
President
- Total calculated
- $56,442
- From this org
- $0
- From related orgs
- $56,442
- Other
- $0
- Hours/week
- 25
-
Whitney Neeves
Treasurer
- Total calculated
- $39,448
- From this org
- $0
- From related orgs
- $39,448
- Other
- $0
- Hours/week
- 50
-
Steven Neeves
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jonathan Shanks
Director
- Total calculated
- $0
- Hours/week
- 0
-
Kenny Vandergrift
Director
- Total calculated
- $0
- Hours/week
- 0
-
Justin Branfuhr
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jamia Richmond
Director
- Total calculated
- $0
- Hours/week
- 0
-
Obea Alverson
Director
- Total calculated
- $0
- Hours/week
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521349349312292
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.