Greenville Arts Festival, operating under the name Artisphere, is located in Greenville, SC. The organization was established in 2004. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Artisphere employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artisphere 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 09/2021, Artisphere generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.3m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CREATE A NATIONALLY RECOGNIZED FINE ARTS FESTIVAL THAT ENHANCES QUALITY OF LIFE AND ECONOMIC VITALITY IN SOUTH CAROLINA
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTISPHERE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kerry Murphy Officer Executive Director | Officer | 40 | $125,000 |
Brian Orourke Board Of Director | Trustee | 0 | $0 |
Frank Obrien Board Of Director | Trustee | 0 | $0 |
Carla Norville Board Of Director | Trustee | 0 | $0 |
Jeff Outten Board Of Director | Trustee | 0 | $0 |
Connie Shamlin Board Of Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $180,002 |
All other contributions, gifts, grants, and similar amounts not included above | $1,066,241 |
Noncash contributions included in lines 1a–1f | $234,929 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,246,243 |
Total Program Service Revenue | $169,801 |
Investment income | $13,327 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,429,371 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $125,000 |
Compensation of current officers, directors, key employees. | $7,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $117,500 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $20,234 |
Payroll taxes | $18,813 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,919 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $40,592 |
Travel | $0 |
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 | $5,666 |
Insurance | $6,398 |
All other expenses | $342,481 |
Total functional expenses | $1,277,145 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $155,565 |
Savings and temporary cash investments | $153,320 |
Pledges and grants receivable | $1,500 |
Accounts receivable, net | $0 |
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 | $6,140 |
Net Land, buildings, and equipment | $18,590 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $79,802 |
Total assets | $414,917 |
Accounts payable and accrued expenses | $6,017 |
Grants payable | $0 |
Deferred revenue | $28,373 |
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 | $34,390 |
Net assets without donor restrictions | $300,725 |
Net assets with donor restrictions | $79,802 |
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 | $0 |
Total liabilities and net assets/fund balances | $414,917 |
Over the last fiscal year, we have identified 7 grants that Greenville Arts Festival has recieved totaling $49,000.
Awarding Organization | Amount |
---|---|
Metropolitan Arts Council Greenville, SC PURPOSE: OPERATING GRANT | $37,750 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $5,000 |
Harper Family Foundation Greenville, SC PURPOSE: UNRESTRICTED | $2,500 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $2,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $750 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $500 |
Earnings | $14,133 |
Admin Expense | $1,061 |
Ending Balance | $13,072 |
Organization Name | Assets | Revenue |
---|---|---|
Spoleto Festival U S A Charleston, SC | $23,626,585 | $7,325,323 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Arts Center Of Coastal Carolina Hilton Head Island, SC | $10,441,766 | $4,547,581 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Lake City Creative Alliance Lake City, SC | $2,218,618 | $313,280 |
Spruill Center For The Arts Inc Atlanta, GA | $6,437,897 | $2,168,968 |
Atlanta Dogwood Festival Inc Atlanta, GA | $455,416 | $1,726,662 |
Leaf Community Arts Asheville, NC | $3,845,862 | $2,454,886 |
Greenville Arts Festival Greenville, SC | $414,917 | $1,429,371 |
Thomasville Cultural Center Inc Thomasville, GA | $2,261,384 | $1,406,934 |