Form 990 for tax year 2024
Filed by MARTHA AND JOHN M RIVERS PERFORMANCE HALL FOUNDATION.
Totals
- Total revenue
- $1,496,153
- Total expenses
- $1,574,089
- Contributions and grants received
- $431,135
- Grants paid
- $1,000,734
- Program service revenue
- $206,559
- Investment income
- $858,371
- Other revenue
- $88
- Total assets, end of year
- $13,902,381
- Total liabilities, end of year
- $11,658
- Net assets or fund balances, end of year
- $13,890,723
- Program services expenses (Part IX)
- $1,190,086
- Management and general expenses
- $172,645
- Fundraising expenses
- $211,358
- Program service expenses (Part III)
- $1,190,086
Program services were 75.6% 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
$431,135
-
2a · Program service revenue: Institutional advancem
total $206,559 · related or exempt $206,559
-
3 · Investment income
total $858,371 · excluded $858,371
-
11a · Other revenue: Miscellaneous
total $88 · excluded $88
-
11e · Other revenue, total
$88
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,000,734 · program services $1,000,734
-
5 · Compensation of officers, directors and key employees
total $311,610 · program services $109,507 · management and general $86,358 · fundraising $115,745
-
7 · Other salaries and wages
total $111,598 · program services $38,973 · management and general $40,178 · fundraising $32,447
-
9 · Other employee benefits
total $21,865 · program services $6,470 · management and general $6,470 · fundraising $8,925
-
10 · Payroll taxes
total $30,410 · program services $10,674 · management and general $9,093 · fundraising $10,643
-
11b · Fees: legal
total $6,800 · management and general $6,800
-
12 · Advertising and promotion
total $4,605 · program services $4,605
-
13 · Office expenses
total $13,635 · program services $1,415 · management and general $11,237 · fundraising $983
-
14 · Information technology
total $48,870 · program services $7,459 · management and general $6,804 · fundraising $34,607
-
17 · Travel
total $52 · management and general $52
-
19 · Conferences, conventions and meetings
total $18,983 · program services $9,417 · management and general $1,894 · fundraising $7,672
-
22 · Depreciation, depletion and amortization
total $989 · program services $495 · management and general $494
-
23 · Insurance
total $3,886 · program services $337 · management and general $3,213 · fundraising $336
-
24a · Other expenses: Miscellaneous
total $52 · management and general $52
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,403,354 · end of year $1,925,786
-
3 · Pledges and grants receivable
beginning of year $2,058,306 · end of year $933,177
-
4 · Accounts receivable
beginning of year $80,748
-
9 · Prepaid expenses and deferred charges
beginning of year $1,596 · end of year $1,822
-
10a · Land, buildings and equipment: cost or other basis
$15,893
-
10b · Land, buildings and equipment: accumulated depreciation
$15,893
-
10c · Land, buildings and equipment, net
beginning of year $991 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $9,747,247 · end of year $11,041,596
-
17 · Accounts payable and accrued expenses
beginning of year $37,442 · end of year $11,658
-
27 · Net assets without donor restrictions
beginning of year $2,594,039 · end of year $2,528,304
-
28 · Net assets with donor restrictions
beginning of year $10,660,761 · end of year $11,362,419
Mission and programs · 2024
Mission
The mission of the Martha & John M. Rivers Performance Hall Foundation is to improve and enhance the performing arts and arts education ecosystem within Charleston and throughout the Lowcountry region of South Carolina.
-
The Martha & John M. Rivers Performance Hall Foundation was established with the general purpose of improving the nonprofit and public performing arts venues, theaters, and halls in and around Charleston, South Carolina; and to aid, support, promote, develop, maintain and manage educational programs and performances focused on the arts.We do this by promoting the growth of the Rivers Endowment for the Performing Arts and Education, thereby building and sustaining a vibrant culture of philanthropy, aligning resources generously contributed to support the artistic and educational missions of performing arts throughout the Charleston community.
Expenses $1,190,086 · Grants $1,000,734 · Revenue $206,559
As filed on the 2024 return.
Listed in Part VII
-
Clay Grayson
Chair
- Total calculated
- $0
- Hours/week
- 15
-
Christopher S White
Vice Chair
- Total calculated
- $0
- Hours/week
- 8
-
Walter Fiederowicz
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Jasmine Brown
Secretary
- Total calculated
- $81,815
- From this org
- $76,031
- From related orgs
- $0
- Other
- $5,784
- Hours/week
- 50
-
Dr Renee D Anderson
Founding Director
- Total calculated
- $228,115
- From this org
- $228,115
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $228,115
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $228,115
-
Helen Hill
Director
- Total calculated
- $0
- Hours/week
- 4
-
Melissa Levesque
Director
- Total calculated
- $0
- Hours/week
- 4
-
David Savard
Director
- Total calculated
- $0
- Hours/week
- 4
-
Guang Ming Whitley
Director
- Total calculated
- $0
- Hours/week
- 4
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
-
Programmatic Support
-
Advancement Funding
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601359349316625
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