Totals
- Total revenue
- $1,438,916
- Total expenses
- $1,942,201
- Contributions and grants received
- $276,275
- Grants paid
- $0
- Program service revenue
- $1,110,966
- Investment income
- $9,509
- Other revenue
- $42,166
- Total assets, end of year
- $7,358,571
- Total liabilities, end of year
- $2,460,264
- Net assets or fund balances, end of year
- $4,898,307
- Program services expenses (Part IX)
- $1,108,234
- Management and general expenses
- $761,065
- Fundraising expenses
- $72,902
- Program service expenses (Part III)
- $1,108,234
Program services were 57.1% 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.
-
1e · Government grants (contributions)
$39,609
-
1f · All other contributions, gifts and grants
$236,666
-
2a · Program service revenue: Conference Center program
total $115,626 · related or exempt $115,626
-
2b · Program service revenue: History and Culture
total $249,229 · related or exempt $249,229
-
2c · Program service revenue: Land Use program
total $77,046 · related or exempt $77,046
-
2d · Program service revenue: Pace Program
total $669,065 · related or exempt $669,065
-
3 · Investment income
total $9,509 · related or exempt $9,509
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$32,266
-
8c · Net income from fundraising events
total $32,266
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: EIDL Loan forgiveness
total $9,900 · related or exempt $9,900
-
11e · Other revenue, total
$9,900
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $74,880 · management and general $74,880
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $484,982 · program services $394,719 · management and general $90,263
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $48,771 · program services $34,608 · management and general $14,163
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $4,113 · management and general $4,113
-
11c · Fees: accounting
total $32,064 · management and general $32,064
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $59,184 · program services $5,906 · management and general $53,278
-
12 · Advertising and promotion
total $842 · management and general $842
-
13 · Office expenses
total $0
-
14 · Information technology
total $18,690 · program services $13,289 · management and general $5,401
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $12,982 · program services $8,677 · management and general $4,305
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Supplies
total $329,513 · program services $248,798 · management and general $21,483 · fundraising $59,232
-
24b · Other expenses: Depreciation
total $267,717 · management and general $267,717
-
24c · Other expenses: Contract Labor
total $199,298 · program services $136,600 · management and general $62,698
-
24d · Other expenses: Utilities
total $111,949 · program services $56,356 · management and general $55,593
-
24e · All other expenses
total $297,216 · program services $209,281 · management and general $74,265 · fundraising $13,670
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,282,746 · end of year $564,805
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $4,706 · end of year $10,597
-
9 · Prepaid expenses and deferred charges
beginning of year $22,871 · end of year $18,827
-
10a · Land, buildings and equipment: cost or other basis
$7,992,796
-
10b · Land, buildings and equipment: accumulated depreciation
$4,471,669
-
10c · Land, buildings and equipment, net
beginning of year $3,634,193 · end of year $3,521,127
-
11 · Investments: publicly traded securities
beginning of year $1,243,006 · end of year $3,180,315
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $33,900 · end of year $62,900
-
17 · Accounts payable and accrued expenses
beginning of year $15,365 · end of year $62,765
-
19 · Deferred revenue
beginning of year $502,607 · end of year $2,129,347
-
23 · Secured mortgages and notes payable
beginning of year $159,900 · end of year $149,747
-
24 · Unsecured notes and loans payable
beginning of year $137,250 · end of year $108,211
-
25 · Other liabilities
beginning of year $2,781 · end of year $10,194
-
27 · Net assets without donor restrictions
beginning of year $5,085,339 · end of year $1,516,445
-
28 · Net assets with donor restrictions
beginning of year $318,180 · end of year $3,381,862
Mission and programs · 2022
Mission
The mission of Penn Center is to promote and preserve Penn's true history and culture through it's commitment to education, community development and social justice.
-
The PACE program provides programs assisting Beaufort County Youth with academic achievement, homework assistance and curriculum centered on the Sea Islands Heritage. It also provides Child Care services for children aged 6 months-5 years, and After School and Summer Camp programs for youth aged 6-18 Years. The program also provides a Summer Feeding program for Beaufort County youth to replace food needs when school is out of session during Summer recess months. This is an essential part of the nutritional needs of Beaufort County youth during periods of school inactivity/summer recess.
Expenses $809,756
-
The Conference Center program provides food, lodging and conference center facilities for visitors to the Penn Center and for program participants studying Penn Center history, purpose and mission.
Expenses $183,467
-
The History and Culture Program collects, documents, preserves and disseminates information related to the cultural heritage of the Sea Island and Lowcountry African-American culture. To meet these needs, the program operates the York W. Bailey Museum and Gift Shop and maintains the Laura M. Towne Archives and Library. Program staff provides tours and lectures and develops and implements public programs such as the annual Penn Center Heritage Days Celebration.
Expenses $108,058
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bernie Wright
Executive Director
- Total calculated
- $74,880
- From this org
- $74,880
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Donellia Chives
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
John H Glover
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Deloris Pringle
Chairman
- Total calculated
- $0
- Hours/week
- 10
-
Thomas C Barnwell Jr Life trustee
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Clifford Bush III Emeritus Trustee
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Emory S Campbell Emeritus Trustee
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Ruby G Flateau-Fielding
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Charles S Johnson
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Barbara McCaskill
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Cynthia H Porcher
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Vashti Washington
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Arnold L Brown
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Tia Powell-Harris
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Anthony Simmons
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
John C Troutman Jr
Trustee
- Total calculated
- $0
- Hours/week
- 4
-
Bernie Wright
Executive Dir.
- 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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Penn Center Properties LLC
Property ownership · SC
Directly controlled by Penn Center Inc
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323169349300627
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.