Totals
- Total revenue
- $9,561,997
- Total expenses
- $10,503,767
- Contributions and grants received
- $4,917,632
- Grants paid
- $0
- Program service revenue
- $3,033,540
- Investment income
- $1,078,114
- Other revenue
- $532,711
- Total assets, end of year
- $19,173,036
- Total liabilities, end of year
- $3,208,341
- Net assets or fund balances, end of year
- $15,964,695
- Program services expenses (Part IX)
- $7,187,702
- Management and general expenses
- $2,348,750
- Fundraising expenses
- $967,315
- Program service expenses (Part III)
- $7,187,702
Program services were 68.4% 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.
-
1c · Fundraising events
$143,782
-
1e · Government grants (contributions)
$900,493
-
1f · All other contributions, gifts and grants
$3,873,357
-
2a · Program service revenue: ADMISSION SALES
total $2,742,221 · related or exempt $2,742,221
-
2b · Program service revenue: BOX OFFICE HANDLING FEES
total $291,319 · related or exempt $291,319
-
3 · Investment income
total $97,955 · excluded $97,955
-
6a · Gross rents
real property $557,378
-
6b · Less rental expenses
real property $199,787
-
6c · Rental income or loss
real property $357,591
-
6d · Net rental income or loss
total $357,591 · unrelated business $16,181 · excluded $341,410
-
7a · Gross sales of assets other than inventory
securities $980,159
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $980,159
-
7d · Net gain or loss
total $980,159 · excluded $980,159
-
8a · Fundraising events: gross income
$652,992
-
8a · Fundraising events: contributions included on line 1c
$143,782
-
8b · Fundraising events: direct expenses
$397,633
-
8c · Net income from fundraising events
total $255,359 · excluded $255,359
-
10a · Gross sales of inventory
$16,420
-
10b · Cost of goods sold
$7,778
-
10c · Net income from sales of inventory
total $8,642 · related or exempt $8,642
-
11a · Other revenue: ADVERTISING
total -$88,881 · unrelated business -$88,881
-
11e · Other revenue, total
-$88,881
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $468,848 · program services $278,476 · management and general $99,863 · fundraising $90,509
-
7 · Other salaries and wages
total $2,916,555 · program services $1,732,314 · management and general $621,214 · fundraising $563,027
-
8 · Pension plan contributions
total $107,927 · program services $64,104 · management and general $22,988 · fundraising $20,835
-
9 · Other employee benefits
total $266,413 · program services $158,238 · management and general $56,745 · fundraising $51,430
-
10 · Payroll taxes
total $247,359 · program services $146,921 · management and general $52,687 · fundraising $47,751
-
11f · Fees: investment management
total $7,930 · fundraising $7,930
-
11g · Fees: other
total $151,471 · program services $3,379 · management and general $148,092
-
12 · Advertising and promotion
total $317,489 · program services $259,753 · management and general $50,159 · fundraising $7,577
-
13 · Office expenses
total $812,496 · program services $222,443 · management and general $572,476 · fundraising $17,577
-
16 · Occupancy
total $282,351 · program services $82,745 · management and general $154,584 · fundraising $45,022
-
17 · Travel
total $1,280,340 · program services $1,141,684 · management and general $115,814 · fundraising $22,842
-
22 · Depreciation, depletion and amortization
total $552,917 · program services $162,036 · management and general $302,715 · fundraising $88,166
-
23 · Insurance
total $214,896 · program services $58,834 · management and general $151,413 · fundraising $4,649
-
24a · Other expenses: PERFORMANCE FEES
total $1,495,557 · program services $1,495,557
-
24b · Other expenses: GENERAL PRODUCTION
total $1,333,576 · program services $1,333,576
-
24c · Other expenses: AUDITIONS AND WORKSHOPS
total $47,642 · program services $47,642
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $716,129 · end of year $182,344
-
3 · Pledges and grants receivable
beginning of year $663,098 · end of year $995,758
-
4 · Accounts receivable
beginning of year $155,318 · end of year $255,966
-
8 · Inventories for sale or use
beginning of year $4,000 · end of year $4,898
-
9 · Prepaid expenses and deferred charges
beginning of year $132,667 · end of year $188,901
-
10a · Land, buildings and equipment: cost or other basis
$12,985,886
-
10b · Land, buildings and equipment: accumulated depreciation
$8,411,081
-
10c · Land, buildings and equipment, net
beginning of year $5,064,832 · end of year $4,574,805
-
11 · Investments: publicly traded securities
beginning of year $11,541,519 · end of year $12,609,209
-
15 · Other assets
beginning of year $349,324 · end of year $361,155
-
17 · Accounts payable and accrued expenses
beginning of year $265,225 · end of year $191,510
-
19 · Deferred revenue
beginning of year $277,706 · end of year $266,364
-
23 · Secured mortgages and notes payable
beginning of year $1,504,322 · end of year $2,748,950
-
25 · Other liabilities
beginning of year $7,617 · end of year $1,517
-
27 · Net assets without donor restrictions
beginning of year $3,451,659 · end of year $2,211,907
-
28 · Net assets with donor restrictions
beginning of year $13,120,358 · end of year $13,752,788
Mission and programs · 2022
Mission
AS THE NATION'S PREEMINENT PERFORMING ARTS FESTIVAL, SPOLETO PRODUCES AND PRESENTS WORK OF THE HIGHEST ARTISTIC CALIBER TO DIVERSE AND ADVENTUROUS AUDIENCES. THROUGH INNOVATION, EDUCATION, AND A COMMITMENT TO OUR COMMUNITY, WE HARNESS THE POWER OF THE ARTS TO FOSTER A CULTURE OF BELONGING AND DEEPEN AND ENGAGE THE PUBLIC APPRECIATION FOR THE ARTS IN BUILDING A BETTER WORLD.
Activities or mission (Part I)
SPOLETO RUNS A 17-DAY, INTERNATIONALLY ACCLAIMED, PERFORMING ARTS FESTIVAL EACH SPRING IN CHARLESTON, SC. ARTISTS FROM AROUND THE WORLD PRESENT A BROAD ARRAY OF DANCE, OPERA, MUSIC, AND THEATER IN MULTIPLE VENUES THROUGHOUT THE CITY.
-
FOR 17 DAYS AND NIGHTS EACH SPRING, SPOLETO FESTIVAL USA FILLS CHARLESTON, SOUTH CAROLINA'S HISTORIC THEATERS, CHURCHES, AND OUTDOOR SPACES WITH PERFORMANCES BY RENOWNED ARTISTS, AS WELL AS EMERGING PERFORMERS IN DANCE, MUSIC, OPERA, AND THEATER. SPOLETO FESTIVAL IS INTERNATIONALLY RECOGNIZED AS AMERICA'S PREMIER PERFORMING ARTS FESTIVAL. THE 2023 FESTIVAL INCLUDED OVER 100 PERFORMANCES ENJOYED BY OVER 43,000 ATTENDEES.
Expenses $6,325,178 · Revenue $2,742,221
-
EACH YEAR THE FESTIVAL DEVELOPS A FESTIVAL CHORUS AND ORCHESTRA WITH MORE THAN 100 MUSICIANS. THROUGH NATIONWIDE AUDITIONS, A TALENTED GROUP OF YOUNG PROFESSIONALS AND STUDENTS ARE SELECTED FOR A RESIDENT ENSEMBLE. THE FESTIVAL ORCHESTRA HAS PROVEN TO BE ONE OF THE FINEST OPPORTUNITIES FOR YOUNG MUSICIANS TO GAIN EXTENSIVE PERFORMANCE EXPERIENCE. ALUMNI OF THE SPOLETO FESTIVAL ORCHESTRA CAN BE FOUND IN ALMOST EVERY PROFESSIONAL ORCHESTRA IN THE UNITED STATES AND MANY ABROAD.
Expenses $685,149 · Revenue $299,961
-
ANNUALLY THE FESTIVAL PROVIDES AN APPRENTICESHIP PROGRAM FOR SHORT-TERM INTENSIVE AND EXCITING LEARNING OPPORTUNITIES ABOUT THE WORLD OF PERFORMING ARTS. FIFTY COLLEGE STUDENTS ACQUIRED HANDS-ON EXPERIENCE UNDER THE GUIDANCE OF PROFESSIONAL ARTS ADMINISTRATORS AND TECHNICIANS.
Expenses $177,375
-
SPOLETO IS HEAVILY INVOLVED IN COMMUNITY ENGAGEMENT AND ARTS EDUCATION, PARTNERING WITH LOCAL ELEMENTARY SCHOOLS AND A LOCAL YOUTH JAZZ ACADEMY TO PROVIDE ARTIST LED WORKSHOPS AND OPPORTUNITIES TO ATTEND PERFORMANCES. A PROGRAM CALLED "TELL YOUR STORY" ALLOWS CHARLESTONIANS TO PARTNER WITH ORCHESTRA FELLOWS TO CREATE ORAL HISTORIES ACCOMPANIED BY COMPOSITION. A "PAY WHAT YOU WILL" PROGRAM AND "OPEN STAGE DOOR" PROGRAM PROVIDE LOW PRICED AND COMPLIMENTARY TICKETS TO COMMUNITY BASED NON-PROFIT ORGANIZATIONS AND THOSE WITHOUT MEANS TO EXPERIENCE WORLD-CLASS PERFORMANCES.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mr Richard J AlmeidaMR RICHARD J ALMEIDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mr Dean Porter AndrewsMR DEAN PORTER ANDREWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mr Larry AntonatosMR LARRY ANTONATOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Katharine I BachmannMRS KATHARINE I BACHMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mr Steven D BalzerMR STEVEN D BALZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Ms Judith N BattyMS JUDITH N BATTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mr Derick S CloseMR DERICK S CLOSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mr Gary T DicamilloMR GARY T DICAMILLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mr Harry H Frampton IIIMR HARRY H FRAMPTON III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Barbara Gs HagertyMRS BARBARA GS HAGERTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Dr Courtney L Tollison HartnessDR COURTNEY L TOLLISON HARTNESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Ms M Russell Holliday JrMS M RUSSELL HOLLIDAY JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Dr Andrew HsuDR ANDREW HSU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Dr Eddie L Irions JrDR EDDIE L IRIONS JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Deborah Kennedy KennardMRS DEBORAH KENNEDY KENNARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Elizabeth P MacLeodMRS ELIZABETH P MACLEOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Susanne H McGuireMRS SUSANNE H MCGUIRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mr Mark MunnMR MARK MUNN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Ms Rhonda MuirMS RHONDA MUIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Anne Bullock PerperMRS ANNE BULLOCK PERPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Nicole RubinMRS NICOLE RUBIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Cynthia Anne SolomonMRS CYNTHIA ANNE SOLOMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Elizabeth H SullivanMRS ELIZABETH H SULLIVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mr C Douglas WarnerMR C DOUGLAS WARNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Ms Palmer WeissMS PALMER WEISS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Alicia Mullen GregoryMRS ALICIA MULLEN GREGORY
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mr John B HagertyMR JOHN B HAGERTY
GENERAL COUNSEL & SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Mr Phillip D SmithMR PHILLIP D SMITH
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Mr Andrew T BarrettMR ANDREW T BARRETT
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mr Richard W ChisholmMR RICHARD W CHISHOLM
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Ms Rebecca W DarwinMS REBECCA W DARWIN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dr Elizabeth A FlemingDR ELIZABETH A FLEMING
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Ms Martha Rhodes McLendonMS MARTHA RHODES MCLENDON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Ms Margie Ann MorseMS MARGIE ANN MORSE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Mr Michael C TarwaterMR MICHAEL C TARWATER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.3
-
Mrs Cynthia B ThompsonMRS CYNTHIA B THOMPSON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Mrs Hellena Huntley TidwellMRS HELLENA HUNTLEY TIDWELL
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.3
-
Mr Loren R ZiffMR LOREN R ZIFF
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dr Mena HannaDR MENA HANNA
GENERAL DIRECTOR
- Total calculated
- $273,644
- From this org
- $257,101
- From related orgs
- $0
- Other
- $16,543
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $257,101
- Bonus
- $0
- Other
- $0
- Deferred
- $1,154
- Nontaxable benefits
- $15,389
- Filer's total
- $273,644
-
Ms Tasha GandyMS TASHA GANDY
CHIEF FINANCIAL OFFICER THRU AUG 2022
- Total calculated
- $127,936
- From this org
- $97,759
- From related orgs
- $0
- Other
- $30,177
- Hours/week
- 40
-
Mr Dexter FoxworthMR DEXTER FOXWORTH
CHIEF OPERATING OFFICER
- Total calculated
- $137,069
- From this org
- $121,648
- From related orgs
- $0
- Other
- $15,421
- Hours/week
- 40
-
Mr Brent DickmanMR BRENT DICKMAN
CHIEF FINANCIAL OFFICER START SEPT 2022
- Total calculated
- $0
- Hours/week
- 40
-
Ms Julia ForsterMS JULIA FORSTER
DIRECTOR OF DEVELOPMENT
- Total calculated
- $165,963
- From this org
- $140,266
- From related orgs
- $0
- Other
- $25,697
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,266
- Bonus
- $0
- Other
- $0
- Deferred
- $8,600
- Nontaxable benefits
- $17,097
- Filer's total
- $165,963
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 · Form 990 of other organizations
- 3 · Written employment contract
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441979349301179
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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