Civic Intelligence

The Museum - Greenwood South

EIN 57-6030069 • 501(c)3 • Greenwood, SC

Profile

The mission of the museum is to save, share, and celebrate greenwood history. To that end, the board and staff of the museum are charged to administer, operate and maintain a nonprofit museum in a professional and fiscally responsible manner, undertaking activities deemed appropriate to its purpose; to collect, preserve, and exhibit items of museum quality, with special emphasis on greenwood county and the surrounding region; to provide permanent and changing exhibits and public events that will encourage understanding and enjoyment of cultural and natural history, technology, and the arts; and to encourage residents and visitors to visit the museum and take part in its activities, and learn from its exhibits.

PO Box 3131Greenwood, SC 29648

themuseum-greenwood.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.01x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.02x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

22nd percentile

-7.7%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

12%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$823,015

Down $68,460 (-7.7%) from 2023

Liabilities

Up

$6,330

Up $5,538 (+699%) from 2023

Net Assets

Down

$816,685

Down $73,998 (-8.3%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin21st percentile

Revenue

Up

$330,109

Up $36,506 (+12%) from 2023

Expenses

Up

$373,033

Up $37,821 (+11%) from 2023

Net Income

Down

-$42,924

Down $1,315 (-3.2%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $718,396Liabilities 2010: $883Net Assets 2010: $717,5132010Assets 2011: $686,833Liabilities 2011: $109Net Assets 2011: $686,7242011Assets 2012: $714,978Liabilities 2012: $3,137Net Assets 2012: $711,8412012Assets 2013: $707,985Liabilities 2013: $1,849Net Assets 2013: $706,1362013Assets 2014: $761,404Liabilities 2014: $1,615Net Assets 2014: $759,7892014Assets 2015: $687,258Liabilities 2015: $21,610Net Assets 2015: $665,6482015Assets 2016: $703,500Liabilities 2016: $2,013Net Assets 2016: $701,4872016Assets 2017: $735,688Liabilities 2017: $3,826Net Assets 2017: $731,8622017Assets 2018: $765,676Liabilities 2018: $5,127Net Assets 2018: $760,5492018Assets 2019: $789,277Liabilities 2019: $2,378Net Assets 2019: $786,8992019Assets 2020: $857,255Liabilities 2020: $4,249Net Assets 2020: $853,0062020Assets 2021: $906,662Liabilities 2021: $5,053Net Assets 2021: $901,6092021Assets 2022: $934,338Liabilities 2022: $5,212Net Assets 2022: $929,1262022Assets 2023: $891,475Liabilities 2023: $792Net Assets 2023: $890,6832023Assets 2024: $823,015Liabilities 2024: $6,330Net Assets 2024: $816,6852024

Highlighted filing

2024

Assets$823,015
Liabilities$6,330
Net Assets$816,685
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $108,7402010Expenses 2011: $133,6252011Expenses 2012: $179,4172012Revenue 2013: $207,244Expenses 2013: $212,949Net Income 2013: -$5,7052013Revenue 2014: $318,552Expenses 2014: $264,899Net Income 2014: $53,6532014Revenue 2015: $546,212Expenses 2015: $640,353Net Income 2015: -$94,1412015Revenue 2016: $385,325Expenses 2016: $349,486Net Income 2016: $35,8392016Revenue 2017: $269,670Expenses 2017: $239,284Net Income 2017: $30,3862017Revenue 2018: $305,198Expenses 2018: $276,511Net Income 2018: $28,6872018Revenue 2019: $289,454Expenses 2019: $263,148Net Income 2019: $26,3062019Revenue 2020: $315,679Expenses 2020: $249,590Net Income 2020: $66,0892020Revenue 2021: $342,271Expenses 2021: $293,668Net Income 2021: $48,6032021Revenue 2022: $382,009Expenses 2022: $343,388Net Income 2022: $38,6212022Revenue 2023: $293,603Expenses 2023: $335,212Net Income 2023: -$41,6092023Revenue 2024: $330,109Expenses 2024: $373,033Net Income 2024: -$42,9242024

Highlighted filing

2024

Revenue$330,109
Expenses$373,033
Net Income-$42,924
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$823,015
Liabilities
$6,330
Net assets
$816,685
Revenue
$330,109
Expenses
$373,033
Net income
-$42,924
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.23$0.06$8.17$3.30$3.73$0.43
2023Detailed filing. Detailed filing data is available for this year.$8.91$0.01$8.91$2.94$3.35$0.42
2022Detailed filing. Detailed filing data is available for this year.$9.34$0.05$9.29$3.82$3.43$0.39
2021Detailed filing. Detailed filing data is available for this year.$9.07$0.05$9.02$3.42$2.94$0.49
2020Detailed filing. Detailed filing data is available for this year.$8.57$0.04$8.53$3.16$2.50$0.66
2019Detailed filing. Detailed filing data is available for this year.$7.89$0.02$7.87$2.89$2.63$0.26
2018Detailed filing. Detailed filing data is available for this year.$7.66$0.05$7.61$3.05$2.77$0.29
2017Detailed filing. Detailed filing data is available for this year.$7.36$0.04$7.32$2.70$2.39$0.30
2016Detailed filing. Detailed filing data is available for this year.$7.04$0.02$7.01$3.85$3.49$0.36
2015Detailed filing. Detailed filing data is available for this year.$6.87$0.22$6.66$5.46$6.40$0.94
2014Detailed filing. Detailed filing data is available for this year.$7.61$0.02$7.60$3.19$2.65$0.54
2013Detailed filing. Detailed filing data is available for this year.$7.08$0.02$7.06$2.07$2.13$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.15$0.03$7.12$1.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.87$0.00$6.87$1.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.18$0.01$7.18$1.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$330,109
Mission and Program Overview

Mission

The museum's mission is to save, share and celebrate greenwood history. The museum is an active community partner and progressive resource for the community's cultural enrichment, education, and entertainment. It is committed to the collection, preservation, and interpretation of the material culture, history and natural history of greenwood county.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$691,590$665,700▼ $25,890
Cash and Non-Interest-Bearing Accounts$151,062$104,920▼ $46,142
Savings and Temporary Cash Investments$48,823$52,395▲ $3,572
Total Assets$891,475$823,015▼ $68,460
Liabilities
Accounts Payable and Accrued Expenses$792$6,330▲ $5,538
Total Liabilities$792$6,330▲ $5,538
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$887,093$813,095▼ $73,998
Net Assets With Donor Restrictions$3,590$3,590→ $0
Total Net Assets Fund Balance$890,683$816,685▼ $73,998
Total Liabilities and Net Assets / Fund Balance$891,475$823,015▼ $68,460

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$385,410$286,338$671,748
Land$280,290-$280,290
Other Land Buildings-$29,738$29,738
Equipment-$6,380$6,380
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Lew DorrityChair - Railroad Committee
Tee TunstallPast President
Preston CulbertsonPresident
Sarah BuntingVice President
Anne GunbyBoard Member
Charlie HerndonBoard Member
Claire KuhlBoard Member
Jamie RammBoard Member
John PatrickBoard Member
Lynn BrooksBoard Member
Samantha SiuBoard Member
Sarah HartungBoard Member
Karen JenningsExecutive Director
Jean GriffinAssistant Secretary
Leshown GoodwinAssistant Treasurer
Brad AlexanderCommittee Member
Carol S HarleyEx Officio
Wells DunlapEx Officio
Mary Kate SkinnerSecretary
Susan AlbonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$291,026
Program Service Revenue
$36,565
Investment Income
$1,772
Other Revenue
$746
All Other Contributions
$52,463
Change in Net Assets
$-42,924

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$207,707
Salaries, Compensation, and Employee Benefits$165,326
Total Fundraising Expense$70,182
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$66,425-$16,606$83,031
Current Officers, Directors, Trustees, and Key Employees$22,413$16,808$16,808$56,029
Other Expenses$12,484-$28,186$28,186
All Other Expenses$26,305--$26,305
Advertising$16,689-$7,153$23,842
Depreciation Depletion$16,704--$16,704
Fees for Services Accounting$1,500$14,850-$16,350
Other Employee Benefits$14,557--$14,557
Payroll Taxes$11,709--$11,709
Office Expenses$7,768-$1,429$9,197
Fees for Services Other$3,144--$3,144
Insurance$1,454--$1,454
Fees for Services Legal-$22-$22
Total Functional Expenses$271,171$31,680$70,182$373,033
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournam$26,931$26,931-$26,931
Spring Event$26,931$26,931-$26,931
Total Events$68,986$68,986-$68,986
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“The board reviews the tax return during a regular board meeting after review of the executive director.”

CEO executive director top management comp Part VI line 15A

“The board reviews the executive directors performance and determines the salary.”

Governing documents etc available to public Part VI line 19

“Governing documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
The Museum - Greenwood Sc
EIN
57-6030069
In Care Of
% KAREN JENNINGS
Phone
8642297093
Address
PO BOX 3131, GREENWOOD, SC 29648

Signing Officer

Name
Karen Jennings
Title
Executive Director
Phone
8642297093
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Jennings
Formed
1967
Legal Domicile
Sc
Voting Board Members
16
Independent Board Members
16
Employees
8
Volunteers
60

Preparer

Firm
Stone Accounting & Business Service
Address
PO BOX 486, Greenwood, SC 29648
Preparer
Rodney W Stone
Phone
8649647015
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

“The mission of the museum is to save, share, and celebrate greenwood history. To that end, the board and staff of the museum are charged to administer, operate and maintain a nonprofit museum in the professional and fiscally responsible manner, undertaking activities deemed apprropriate to its purpose; to collect, preserve, and exhibit items of museum quality with special emphasis on greenwood county and the surrounding region; to provide permanent and changing exhibits and public events that will encourage understanding and enjoyment of cultural and natural history, technology, and the arts; and to encourage residents and visitors to visit the museum and take part in its activities and learn from its exhibits.”

Financial Statement Notes

Part III, Line 1A-Text in footnote regarding SFAS 116 (ASC 958)

“Terms for not reporting assets per sfas 116 - the museum holds a collection of historical artifacts and railroad memorabilia that supports the story of the local communitiys history and culture.”

Part III, Line 4-Description organization'S collections

“Collections and relation to exempt pupose - the museum holds a collection of historical artifacts and railroad memorbilia that supports the story of the local communitys history and culture.”

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