Greenville Arts Festival

Organization Overview

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.

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


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Financial Statements

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

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Greenville Arts Festival has recieved totaling $49,000.

Awarding OrganizationAmount
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
View Grant Recipient Profile

Endowment Analysis

Earnings$14,133
Admin Expense$1,061
Ending Balance$13,072

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