The Premier Foundation
- Assets
- $1.8m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 5
- Location
- Greer, SC
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 56-2066166
Organization Overview
The Premier Foundation, operating under the name Premier Arts Collective, is located in Greer, SC. The organization was established in 2015. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Premier Arts Collective employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Premier Arts Collective is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Premier Arts Collective generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 55.1% each year . All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 51.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Premier Arts Collective has awarded 42 individual grants totaling $6,966,769. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PREMIER FOUNDATION IS AN INTERNATIONAL CHRISTIAN NONPROFIT ORGANIZATION COMMITTED TO BEING A VOICE FOR THE DISADVANTAGED. WE EXIST TO LOVE AND SERVE THE IMPOVERISHED BY MEETING THEIR PHYSICAL, SPIRITUAL, EDUCATIONAL, SOCIAL AND EMOTIONAL NEEDS. IN ADDITION, WE USE THE ARTS AS A VEHICLE OF HEALING AND HOPE FOR THOSE AFFECTED BY TRAUMA AND ABUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, PREMIER FOUNDATION DBA PREMIER ARTS COLLECTIVE HAD DIRECT IMPACT ON A NUMBER OF ORGANIZATIONS AND PROJECTS, INCLUDING: CAMBODIA: SUPPORTED THE MINISTRY OF AGAPE INTERNATIONAL MISSIONS AS THEY PROVIDED PROTECTION, HEALING AND RESTORATION FOR THOSE EXPLOITED THROUGH CHILD SEX TRAFFICKING FOREFRONT LIVING FOUNDATION: SUPPORTED THE CARE OF HOSPICE PATIENTS THROUGH THE RENOVATION OF FACILITIES AND PROVIDED THERAPEUTIC WRITING WORKSHOPS FOR THOSE WORKING DIRECTLY WITH HOSPICE PATIENTSPARKINSON VOICE PROJECT: SUPPORTED THE EFFORTS TO PROVIDE ONLINE SPEECH EXERCISES FOR THOSE SUFFERING FROM PARKINSON'S AS WELL AS FOSTER CONNECTION THROUGH A NATIONWIDE VIRTUAL CONCERT DETROIT, MICHIGAN: SUPPORTED THE MINISTRY AND MISSION ACTIVITIES OF THE K-LOVE HOPE CENTER DETROIT THROUGH PERSONNEL SUPPORT, FEEDING PROGRAMS AND DISTRIBUTION OF CLOTHES, SCHOOL SUPPLIES AND HOUSEHOLD ITEMSGREENVILLE, SOUTH CAROLINA: SERVED THE VETERAN COMMUNITY THROUGH THERAPEUTIC ART AND MUSIC PROGRAMMING AT FELLOW COUNTRYMEN AND UPSTATE WARRIOR SOLUTION. PROVIDED ART AND MUSIC THERAPY PROGRAMS FOR ORGANIZATIONS SUCH AS JULIE VALENTINE CENTER (SERVING THOSE SUFFERING FROM SEXUAL TRAUMA) AND TRIUNE MERCY CENTER (SERVING THE HOMELESS)INDIA: PROVIDED THERAPEUTIC ART PROGRAMMING THROUGH SET FREE ALLIANCE TO CHILDREN RESCUED FROM CHILD LABOR IN ORDER TO AID IN THE HEALING PROCESS NASSAU, THE BAHAMAS: SUPPORTED FEEDING AND CLOTHING EFFORTS OF THE HOMELESS, ORPHANED, ELDERLY AND UNDERPRIVILEGED AT UNITY HOUSE, GREAT COMMISSION MINISTRIES AND BILNEY LANE CHILDREN'S HOMESAN SALVADOR, EL SALVADOR: SUPPORTED CONTINUING DEVELOPMENT OF A MUSIC SCHOOL TO SERVE THE POOR THROUGH MUSIC THERAPYMEALS ON WHEELS OF COLLIN COUNTY, TEXAS: SUPPORTED FOOD DISTRIBUTION EFFORTSSAMARITAN INN, TEXAS: SUPPORTED THE MINISTRY SERVING THE HOMELESSSAFEHAVEN, TEXAS: SUPPORTED THE ORGANIZATION SERVING VICTIMS OF DOMESTIC VIOLENCENEW ORLEANS, LOUISIANA: SUPPORTED THE EFFORTS OF MOUNT NEBO BIBLE BAPTIST CHURCH AND COMMUNITY CENTER TO REACH THE UNDERPRIVILEGED IN THE LOWER NINTH WARD IN NEW ORLEANSUSO, TEXAS: RESPONDED TO THE NEEDS OF OUR MILITARY SERVICE PEOPLESUPPORTED VARIOUS GLOBAL MINISTRY EFFORTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Krcelic President | OfficerTrustee | 50 | $163,669 |
Gary Gentry Trustee | Trustee | 1 | $0 |
Andy Coburn Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $70,190 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,547,956 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,618,146 |
| Total Program Service Revenue | $0 |
| Investment income | $5,027 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,457 |
| Net Income from Fundraising Events | -$4,810 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,688,296 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,959,434 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $401,197 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $200,035 |
| Compensation of current officers, directors, key employees. | $25,004 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,461 |
| Pension plan accruals and contributions | $7,916 |
| Other employee benefits | $0 |
| Payroll taxes | $19,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,397 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,029 |
| Advertising and promotion | $19,931 |
| Office expenses | $1,866 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,054 |
| Travel | $20,607 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $25,018 |
| All other expenses | $0 |
| Total functional expenses | $3,065,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,647,112 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,642 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $48,350 |
| Investments—publicly traded securities | $60,628 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,757,732 |
| Accounts payable and accrued expenses | $496 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $496 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,757,236 |
| Total liabilities and net assets/fund balances | $1,757,732 |
Grants Awarded
Over the last fiscal year, The Premier Foundation has awarded $1,066,335 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CITIES FOR CHRIST PURPOSE: OPERATIONAL SUPPORT | $25,000 |
CITYCHURCH OUTREACH MINISTRY MCKINNEY PURPOSE: OPERATIONAL SUPPORT | $50,000 |
FOREFRONT LIVING FOUNDATION PURPOSE: OPERATIONAL SUPPORT | $100,000 |
GREENVILLE CENTER FOR CREATIVE ARTS PURPOSE: OPERATIONAL SUPPORT | $7,700 |
GAMBOA UNION MINISTRIES PURPOSE: OPERATIONAL SUPPORT | $25,000 |
MEALS ON WHEELS COLLIN COUNTY PURPOSE: OPERATIONAL SUPPORT | $200,000 |