Civic Intelligence

Greenville Arts Festival

EIN 58-2676608 • 501(c)3 • Greenville, SC

Profile

Create a nationally recognized fine arts festival that enhances quality of life and economic vitality in south carolina.

101B Augusta RoadGreenville, SC 29601

www.artisphere.org

Siviq Scores

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

Liabilities / Assets

47th percentile

0.05x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.02x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$141,710

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

92nd percentile

68%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

33%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$808,394

Up $326,471 (+68%) from 2023

Liabilities

Down

$41,223

Down $1,965 (-4.5%) from 2023

Net Assets

Up

$767,171

Up $328,436 (+75%) from 2023

Revenue

Up

$2,274,146

Up $566,714 (+33%) from 2023

Expenses

Up

$1,969,364

Up $279,620 (+17%) from 2023

Net Income

Up

$304,782

Up $287,094 (+1623%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $194,521Liabilities 2011: $4,599Net Assets 2011: $189,9222011Assets 2012: $235,434Liabilities 2012: $9,026Net Assets 2012: $226,4082012Assets 2013: $192,992Liabilities 2013: $18,622Net Assets 2013: $174,3702013Assets 2014: $191,938Liabilities 2014: $4,635Net Assets 2014: $187,3032014Assets 2015: $238,551Liabilities 2015: $0Net Assets 2015: $238,5512015Assets 2016: $301,236Liabilities 2016: $0Net Assets 2016: $301,2362016Assets 2017: $282,992Liabilities 2017: $0Net Assets 2017: $282,9922017Assets 2018: $312,393Liabilities 2018: $47,500Net Assets 2018: $264,8932018Assets 2019: $280,361Liabilities 2019: $15,855Net Assets 2019: $264,5062019Assets 2020: $786,161Liabilities 2020: $541,561Net Assets 2020: $244,6002020Assets 2021: $414,917Liabilities 2021: $34,390Net Assets 2021: $380,5272021Assets 2022: $460,182Liabilities 2022: $48,628Net Assets 2022: $411,5542022Assets 2023: $481,923Liabilities 2023: $43,188Net Assets 2023: $438,7352023Assets 2024: $808,394Liabilities 2024: $41,223Net Assets 2024: $767,1712024

Highlighted filing

2024

Assets$808,394
Liabilities$41,223
Net Assets$767,171

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $788,983Expenses 2011: $761,987Net Income 2011: $26,9962011Revenue 2012: $916,213Expenses 2012: $878,579Net Income 2012: $37,6342012Revenue 2013: $980,558Expenses 2013: $979,804Net Income 2013: $7542013Revenue 2014: $1,293,226Expenses 2014: $1,280,293Net Income 2014: $12,9332014Revenue 2015: $893,384Expenses 2015: $842,136Net Income 2015: $51,2482015Revenue 2016: $1,436,405Expenses 2016: $1,373,720Net Income 2016: $62,6852016Revenue 2017: $1,442,516Expenses 2017: $1,460,760Net Income 2017: -$18,2442017Revenue 2018: $1,431,412Expenses 2018: $1,449,511Net Income 2018: -$18,0992018Revenue 2019: $1,520,297Expenses 2019: $1,520,684Net Income 2019: -$3872019Revenue 2020: $540,120Expenses 2020: $560,026Net Income 2020: -$19,9062020Revenue 2021: $1,429,371Expenses 2021: $1,277,145Net Income 2021: $152,2262021Revenue 2022: $1,294,508Expenses 2022: $1,233,907Net Income 2022: $60,6012022Revenue 2023: $1,707,432Expenses 2023: $1,689,744Net Income 2023: $17,6882023Revenue 2024: $2,274,146Expenses 2024: $1,969,364Net Income 2024: $304,7822024

Highlighted filing

2024

Revenue$2,274,146
Expenses$1,969,364
Net Income$304,782

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.04$0.77$2.27$1.97$0.30
2023Detailed filing. Detailed filing data is available for this year.$0.48$0.04$0.44$1.71$1.69$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.05$0.41$1.29$1.23$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.03$0.38$1.43$1.28$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.79$0.54$0.24$0.54$0.56$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.28$0.02$0.26$1.52$1.52$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.05$0.26$1.43$1.45$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$1.44$1.46$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$1.44$1.37$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.89$0.84$0.05
2014Summary only. Only limited summary data is available for this year.$0.19$0.00$0.19$1.29$1.28$0.01
2013Summary only. Only limited summary data is available for this year.$0.19$0.02$0.17$0.98$0.98$0.00
2012Summary only. Only limited summary data is available for this year.$0.24$0.01$0.23$0.92$0.88$0.04
2011Summary only. Only limited summary data is available for this year.$0.19$0.00$0.19$0.79$0.76$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Feb 19, 2025
Return Version
2023v6.0
Gross Receipts
$2,274,146
Mission and Program Overview

Mission

Create a nationally recognized fine arts festival that enhances quality of life and economic vitality in south carolina

Create a nationally recognized fine arts festival that enhances quality of life and economic vitality in south carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$230,519$516,557▲ $286,038
Cash and Non-Interest-Bearing Accounts$96,573$147,031▲ $50,458
Land, Buildings, and Equipment, Net$9,334$7,419▼ $1,915
Pledges and Grants Receivable$5,000$2,000▼ $3,000
Prepaid Expenses and Deferred Charges$30,838$500▼ $30,338
Total Assets$481,923$808,394▲ $326,471
Other Assets Total$109,659$134,887▲ $25,228
Liabilities
Deferred Revenue$36,913$41,223▲ $4,310
Accounts Payable and Accrued Expenses$6,275--
Total Liabilities$43,188$41,223▼ $1,965
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$209,231$632,284▲ $423,053
Net Assets With Donor Restrictions$229,504$134,887▼ $94,617
Total Net Assets Fund Balance$438,735$767,171▲ $328,436
Total Liabilities and Net Assets / Fund Balance$481,923$808,394▲ $326,471

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$50,166-
Equipment$7,419$7,427-
Other Assets Org$134,887--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$109,659-▲ $26,737-$134,887
2022$98,813-▲ $12,193-$109,659
2021$79,802$45,149▼ $24,737-$98,813
2020$66,730-▲ $14,133-$79,802
2019$63,303-▲ $4,283-$66,730
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kerry MurphyPresident/ceFT$141,710$141,710
Revenue and Support

Revenue Composition

Contributions and Grants
$1,929,635
Program Service Revenue
$321,849
Investment Income
$22,662
Other Revenue
$0
All Other Contributions
$1,445,791
Change in Net Assets
$304,782

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$297,166
Total Noncash Contributions1$297,166

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,274,146
Revenue Not Reported on Form 990
$23,654
Total Revenue per Audited Statements
$2,297,800
Total Revenue per Form 990
$2,274,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,552,234
Salaries, Compensation, and Employee Benefits$417,130
Total Fundraising Expense$27,570
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$573,103$10,658$8,287$592,048
Other Salaries and Wages$213,294$3,967$3,019$220,280
Other Expenses$148,323$2,758$2,145$153,226
Current Officers, Directors, Trustees, and Key Employees$137,112$2,549$2,049$141,710
Fees for Services Management$54,305$1,010$785$56,100
Occupancy$30,987$576$448$32,011
Payroll Taxes$26,785$498$387$27,670
Other Employee Benefits$26,591$494$385$27,470
Fees for Services Other$19,510$363$282$20,155
Insurance$17,450$324$253$18,027
Fees for Services Accounting$11,742$218$170$12,130
Depreciation Depletion$1,854$34$27$1,915
Total Functional Expenses$1,906,346$35,448$27,570$1,969,364

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,969,364
Total Expenses per Audited Statements$1,969,364
Total Expenses per Form 990$1,969,364
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization provided a copy of the form 990 to members of its governing board before filing return.

Form 990, Page 6, Part VI, Line 15A

The board of directors discusses and approves the compensation for the president/ceo.

Form 990, Page 6, Part VI, Line 19

The organization makes avalible all governing documents to the public by inquiry.

Filing and Contact Details

Filer

Filer Name
Greenville Arts Festival
EIN
58-2676608
Phone
8644141678
Address
101B AUGUSTA ROAD, GREENVILLE, SC 29601
Doing Business As
Artisphere

Signing Officer

Name
Kerry Murphy
Title
President/CEO
Phone
8644141678
Signed
2025-02-19

Organization Details

Principal Officer
Kerry Murphy
Formed
2003
Legal Domicile
Sc
Voting Board Members
56
Independent Board Members
56
Employees
4
Volunteers
600

Preparer

Firm
Phillips Cpas & Advisors
Address
201 LAVINIA AVE, GREENVILLE, SC 29601
Preparer
Matthew V Phillips
Phone
8642361380
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Visual arts 113,133 2,104 1,636 other special events 93,515 1,739 1,352 food & refreshments 85,297 1,586 1,234 special projects 84,563 1,572 1,223 performing arts 72,418 1,347 1,047 volunteer hospitality 30,472 567 440 sponsor fulfillment/ameni 23,560 438 341 childrens area 21,668 403 313 administrative expenses 16,342 304 236 fundraising materials 12,396 231 179 supplies 11,578 215 168 utilities 8,161 152 118 total 573,103 10,658 8,287

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The intent of the endowment fund is that t is to be a permanent fund and that distributions be made in accordance with the foundations spending policy as set forth by the foundation and on approval of the president/ceo, board chair, and treasurer of the community foundation of greenville.

Schedule D, Page 3, Part X

The organization recognizes the tax benefits from uncertain tax positions only if it is more-likely-than-not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The organization's income tax filings are subject to audit by various taxing authorities. Management believes the adoption of asc 740-10 resulted in no significant impact to the organization's financial statements.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm8WILLIAM BROWN
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IRS990/Form990PartVIISectionAGrp/PersonNm10JESSICA CHRISTOPHILLIS
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IRS990/Form990PartVIISectionAGrp/PersonNm13MAURA COPSEY
IRS990/Form990PartVIISectionAGrp/PersonNm14WILIAM CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm15CHARLES DALTON
IRS990/Form990PartVIISectionAGrp/PersonNm16KATHERINE DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm17SUNNIE DEWORKEN
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IRS990/Form990PartVIISectionAGrp/PersonNm53MAYOR KNOX WHITE
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