The Palmetto Institute
- Assets
- $23.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Lake City, SC
- Founding
- 07/2002
- Data as of
- 06/2019
- EIN
- 57-1132472
Organization Overview
The Palmetto Institute is located in Lake City, SC. The organization was established in 2002. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2019, Palmetto Institute employed 3 individuals. Palmetto Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE CENTRAL MISSION IS TO CREATE A CLIMATE THAT WILL INCREASE THE WEALTH OF ALL SOUTH CAROLINIANS. THE INSTITUTE HAS SOUGHT TO ACHIEVE THIS GOAL BY DEVELOPING A LONG-TERM ECONOMIC STRATEGY, PRODUCING STUDIES ON WORKFORCE QUALITY, COMMERCIALIZATION OF RESEARCH INTO JOBS, AND A FAIR AND EQUITABLE STATE TAX SYSTEM TO NAME A FEW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darla Moore Chairman | 20 | $0 | |
Ed Sellers Vice Chair | 1 | $0 | |
Harry Lesesne Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,050 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $1,050 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,712 |
| Other assets | $0 |
| Total assets | $23,712 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,712 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Defense And Business Chapel Hill, NC | $2,566,557 | $5,273,535 |
Georgia Budget And Policy Institute Inc Atlanta, GA | $3,080,397 | $2,344,096 |
The Institute Of Consumer Money Management Raleigh, NC | $4,397,839 | $414,692 |
South Carolina Policy Council Education Foundation Columbia, SC | $543,090 | $561,223 |
Smart Alec Atlanta, GA | $14,275 | $0 |
Foothills Health Information Network Seneca, SC | $0 | $0 |
North Carolina Center For Public Policy Research Inc Durham, NC | $80,726 | $112,500 |
Nc Go Inc Durham, NC | $185,293 | $137,889 |
Decoding Culture Foundation Tobaccoville, NC | $65,690 | $0 |
Kuentai-Usa New Bern, NC | $2,883 | $0 |
Piedmont Public Policy Institute Charlotte, NC | $94,729 | $0 |
Generator Studio Inc Atlanta, GA | $2,624 | $0 |
Psl Foundation Columbia, SC | $619,507 | $371,361 |
Carnahan Policy Institute Wilmington, NC | $39,427 | $0 |
The Palmetto Institute Lake City, SC | $23,712 | $0 |
Affordable Healthcare For North Carolina Raleigh, NC | $6,991 | $0 |
Risk Assessment Institute Neeses, SC | $1,072 | $0 |