Civic Intelligence

Martha and John M Rivers Performance Hall Foundation

990 • Fiscal year 2018 • EIN 90-0616040

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

334 East Bay Street 152Charleston, SC 29401

(843) 718-1578

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.02x

Higher debt load relative to revenue than 14% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

1st percentile

-1075%

Higher net margin than 1% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

6th percentile

-15%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$9,451,489

Down $1,675,239 (-15%) from 2017

Net Assets

Down

$9,449,601

Down $1,157,360 (-11%) from 2017

Liabilities

Down

$1,888

Down $517,879 (-100%) from 2017

Revenue

Down

$106,996

Down $9,691,044 (-99%) from 2017

Expenses

Down

$1,256,716

Down $932,388 (-43%) from 2017

Net Income

Down

-$1,149,720

Down $8,758,656 (-115%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$20M$0-$20M-$40MAssets 2012: $23,239,149Liabilities 2012: $24,781Net Assets 2012: $23,214,3682012Assets 2013: $33,910,632Liabilities 2013: $20,019,631Net Assets 2013: $13,891,0012013Assets 2014: $15,221,827Liabilities 2014: $20,054,964Net Assets 2014: -$4,833,1372014Assets 2015: $12,603,777Liabilities 2015: $35,069,182Net Assets 2015: -$22,465,4052015Assets 2016: $12,300,709Liabilities 2016: $9,066,167Net Assets 2016: $3,234,5422016Assets 2017: $11,126,728Liabilities 2017: $519,767Net Assets 2017: $10,606,9612017Assets 2018: $9,451,489Liabilities 2018: $1,888Net Assets 2018: $9,449,6012018Assets 2019: $9,446,961Liabilities 2019: $313Net Assets 2019: $9,446,6482019Assets 2020: $9,233,048Liabilities 2020: $7,525Net Assets 2020: $9,225,5232020Assets 2021: $7,942,999Liabilities 2021: $7,299Net Assets 2021: $7,935,7002021Assets 2022: $9,778,071Liabilities 2022: $33,535Net Assets 2022: $9,744,5362022Assets 2023: $11,463,182Liabilities 2023: $280,176Net Assets 2023: $11,183,0062023Assets 2024: $13,292,242Liabilities 2024: $37,442Net Assets 2024: $13,254,8002024

Highlighted filing

2018

Assets$9,451,489
Liabilities$1,888
Net Assets$9,449,601

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2012: $2,243,2582012Expenses 2013: $11,538,0182013Revenue 2014: $3,230,307Expenses 2014: $21,954,445Net Income 2014: -$18,724,1382014Revenue 2015: $5,267,446Expenses 2015: $22,399,461Net Income 2015: -$17,132,0152015Revenue 2016: $32,045,773Expenses 2016: $6,344,929Net Income 2016: $25,700,8442016Revenue 2017: $9,798,040Expenses 2017: $2,189,104Net Income 2017: $7,608,9362017Revenue 2018: $106,996Expenses 2018: $1,256,716Net Income 2018: -$1,149,7202018Revenue 2019: $128,171Expenses 2019: $147,506Net Income 2019: -$19,3352019Revenue 2020: $37,662Expenses 2020: $222,646Net Income 2020: -$184,9842020Revenue 2021: $750,731Expenses 2021: $2,773,778Net Income 2021: -$2,023,0472021Revenue 2022: $3,592,782Expenses 2022: $1,277,041Net Income 2022: $2,315,7412022Revenue 2023: $2,263,235Expenses 2023: $1,391,521Net Income 2023: $871,7142023Revenue 2024: $3,296,111Expenses 2024: $1,619,451Net Income 2024: $1,676,6602024

Highlighted filing

2018

Revenue$106,996
Expenses$1,256,716
Net Income-$1,149,720
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$106,996
Mission and Program Overview

Mission

The mission of the gaillard performance hall foundation is to support the renovation and transformation of the former gaillard auditorium into the new charleston gaillard center through private donations to match public funds and generous gifts. The center will be home to charlestons new world-class performance hall, a new state-of-the-art exhibition hall, gaillard park and gardens, and municipal offices. The gaillard center opened on october 18, 2015.

To support the renovation and transformation of the former gaillard auditorium into the new charleston gaillard center through private donations to match public funds and generous gifts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,944,581$5,116,884▼ $827,697
Cash and Non-Interest-Bearing Accounts$2,779,032$3,051,584▲ $272,552
Pledges and Grants Receivable$2,387,991$1,271,348▼ $1,116,643
Prepaid Expenses and Deferred Charges$10,587$10,838▲ $251
Land, Buildings, and Equipment, Net$4,537$835▼ $3,702
Total Assets$11,126,728$9,451,489▼ $1,675,239
Liabilities
Grants Payable$500,000--
Accounts Payable and Accrued Expenses$19,767$1,888▼ $17,879
Total Liabilities$519,767$1,888▼ $517,879
Net Assets / Fund Balance
Unrestricted Net Assets$7,839,909$6,640,312▼ $1,199,597
Permanently Rstr Net Assets$2,753,643$2,715,693▼ $37,950
Temporarily Rstr Net Assets$13,409$93,596▲ $80,187
Total Net Assets Fund Balance$10,606,961$9,449,601▼ $1,157,360
Total Liabilities and Net Assets / Fund Balance$11,126,728$9,451,489▼ $1,675,239

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$835$16,485$17,320

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$4,755,000$12,700▲ $80,187$538,598$4,309,289
2016-$4,755,000--$4,755,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$77,681
Program Service Revenue
$0
Investment Income
$29,315
Other Revenue
$0
All Other Contributions
$77,681
Change in Net Assets
$-1,149,720

Audited Revenue Reconciliation

Revenue per Audited Statements
$106,996
Revenue Not Reported on Form 990
$76,035
Total Revenue per Audited Statements
$183,031
Total Revenue per Form 990
$106,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,000,864
Salaries, Compensation, and Employee Benefits$150,368
Other Expenses$105,484
Total Fundraising Expense$28,062
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,000,864--$1,000,864
Other Salaries and Wages-$147,361$3,007$150,368
Fees for Services Legal-$28,268-$28,268
Fees for Services Accounting-$26,115-$26,115
Office Expenses-$19,068$659$19,727
Information Technology--$15,718$15,718
Fees for Services Other--$5,717$5,717
Depreciation Depletion-$3,629$74$3,703
Conferences and Meetings-$65$1,845$1,910
Travel-$1,513$31$1,544
Insurance-$1,133-$1,133
Other Expenses-$498$86$584
Interest-$140-$140
Total Functional Expenses$1,000,864$227,790$28,062$1,256,716

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,340,391
Expenses per Audited Statements$1,256,716
Total Expenses per Form 990$1,256,716
Expenses Not Reported on Form 990$83,675
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of Charleston South CarolinaCharleston, SCGovConstruction Support$1,000,640
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Page 6, Part VI, Line 11B

The form 990 is reviewed by management and approved for distribution to the board of directors. The board of directors has the form 990 for a comment period; once that comment period is complete and any questions are answered, the form 990 is issued.

Form 990, Page 6, Part VI, Line 12C

The foundation receives an annual declaration of compliance with its conflict of interest policy as well as provides for open communication of any possible changes during the year.

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

The executive director's salary is budgeted and approved by the board of director's on an annual basis. The foundation uses public information such as salary studies, as well as other criteria, to determine the compensation amount and its reasonableness.

Form 990, Page 6, Part VI, Line 19

The foundation makes its governing documents, conflict of interest policy and financial statements available to the public by request at its corporate offices.

Filing and Contact Details

Filer

Filer Name
The Gaillard Performance Hall
EIN
90-0616040
Phone
8437181578
Address
334 EAST BAY STREET 152, CHARLESTON, SC 29401

Signing Officer

Name
Dr Renee D Anderson
Title
Vice Chairwoman
Phone
8437181578
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Renee D Anderson
Formed
2010
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
30

Preparer

Firm
Glaser and Company LLC
Address
149 E BAY ST SUITE 200, CHARLESTON, SC 29401-3134
Preparer
Erik M Glaser CPA
Phone
8438490179
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Surrounded by beautiful manicured gardens and event lawns. The gaillard center offers residents, businesses and visitors, children, the elderly and disabled, a communal space that will bring people together with ease, energize projects and ideas, and make new things and thinking possible. The gaillard center was seeded by generous private contributions, to be matched by others, to be an epicenter of inspiration, imagination, and collaboration for the entire community. Every dollar of donor contribution goes directly toward the cost of this vital project. The gaillard center opened on october 18, 2015. At the conclusion of the capital campaign, the gphf will raise funds toward an endowment. The endowment is a permanent fund designed to protect, preserve and advance community investment and stakeholder interest in the cultural, economic and educational resource made possible by the capital campaign. The mission of the gaillard performance hall foundation and its endowment is to promote and support the charleston gaillard center, specifically the martha & john m. Rivers performance hall, the educational programs conducted therein, and the resident arts organizations making use of it. The endowment aims first and foremost to permanently fund the gaillard center education initiative, which endeavors to fill critical student learning gaps with standards-based educational programming in the martha & john m. Rivers performance hall. The initiative aims also to provide transportation and mitigate financial barriers to magnificent performing arts experiences for all area schoolchildren, with particular emphasis on zero-cost access for students of title i schools and those who qualify for reduced-price lunch plans. The gphf will raise endowment funds via deferred and planned gifts, outright endowment gifts, as well as major, current and blended gifts.

Form 990, Part XI, Line 9

BAD DEBTS -66,175

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The permanent endowment fund designed to protect, preserve and advance community investment and stakeholder interest in the cultural, economic and educational resource made possible by the capital campaign. The mission of the gaillard performance hall foundation and its endowment is to promote and support the charleston gaillard center, specifically the martha & john m. Rivers performance hall, the educational programs conducted therein, and the resident arts organizations making use of it. The endowment aims first and foremost to permanently fund the gaillard center education initiative, which endeavors to fill critical student learning gaps with standards-based educational programming in the martha & john m. Rivers performance hall. The initiative aims also to provide transportation and mitigate financial barriers to magnificent performing arts experiences for all area schoolchildren, with particular emphasis on zero-cost access for students of title i schools and those who qualify for reduced-price lunch plans. The gphf will raise endowment funds via deferred and planned gifts, outright endowment gifts, as well as major, current and blended gifts.

Schedule D, Page 4, Part XII, Line 2D

BAD DEBT EXPENSE 66,175

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IRS990/Desc0RAISING AWARENESS AND FINANCIAL RESOURCES IN SUPPORT OF THE PRIVATE SHARE PORTION OF THE CONSTRUCTION BUDGET OF THE GAILLARD CENTER PROJECT IN THE CITY OF CHARLESTON, SOUTH CAROLINA. UPON COMPLETION OF CONSTRUCTION TO SUPPORT THE PROGRAMS AND ONGOING OPERATIONS OF THE GAILLARD CENTER. THE PROJECT WAS A UNIQUE PRIVATE-PUBLIC PARTNERSHIP IS ALLOWING THE COMMUNITY OF CHARLESTON THE OPPORTUNITY TO BUILD A NEW 142-MILLION GAILLARD CENTER THAT WILL ADDRESS SIMULTANEOUSLY A DIVERSE AND IMPORTANT SET OF NEEDS. THE NEO-CLASSICAL BUILDING, DESIGNED BY DAVID M. SCHWARZ ARCHITECTS OF WASHINGTON, D.C., WILL ENCOMPASS A WORLD-CLASS PERFORMANCE HALL REMINISCENT OF OLD EUROPEAN OPERA HOUSES; A FLEXIBLE ELEGANT EXHIBITION SPACE; AND CONSOLIDATED, EFFICIENT MUNICIPAL OFFICES, ALL SURROUNDED BY BEAUTIFUL MANICURED GARDENS AND EVENT LAWNS. THE GAILLARD CENTER OFFERS RESIDENTS, BUSINESSES AND VISITORS, CHILDREN, THE ELDERLY AND DISABLED, A COMMUNAL SPACE THAT WILL BRING PEOPLE TOGETHER WITH EASE, ENERGIZE PROJECTS AND IDEAS, AND MAKE NEW THINGS AND THINKING POSSIBLE. THE GAILLARD CENTER WAS SEEDED BY GENEROUS PRIVATE CONTRIBUTIONS, TO BE MATCHED BY OTHERS, TO BE AN EPICENTER OF INSPIRATION, IMAGINATION, AND COLLABORATION FOR THE ENTIRE COMMUNITY. EVERY DOLLAR OF DONOR CONTRIBUTION GOES DIRECTLY TOWARD THE COST OF THIS VITAL PROJECT. THE GAILLARD CENTER OPENED ON OCTOBER 18, 2015. AT THE CONCLUSION OF THE CAPITAL CAMPAIGN, THE GPHF WILL RAISE FUNDS TOWARD AN ENDOWMENT. THE ENDOWMENT IS A PERMANENT FUND DESIGNED TO PROTECT, PRESERVE AND ADVANCE COMMUNITY INVESTMENT AND STAKEHOLDER INTEREST IN THE CULTURAL, ECONOMIC AND EDUCATIONAL RESOURCE MADE POSSIBLE BY THE CAPITAL CAMPAIGN. THE MISSION OF THE GAILLARD PERFORMANCE HALL FOUNDATION AND ITS ENDOWMENT IS TO PROMOTE AND SUPPORT THE CHARLESTON GAILLARD CENTER, SPECIFICALLY THE MARTHA & JOHN M. RIVERS PERFORMANCE HALL, THE EDUCATIONAL PROGRAMS CONDUCTED THEREIN, AND THE RESIDENT ARTS ORGANIZATIONS MAKING USE OF IT. THE ENDOWMENT AIMS FIRST AND FOREMOST TO PERMANENTLY FUND THE GAILLARD CENTER EDUCATION INITIATIVE, WHICH ENDEAVORS TO FILL CRITICAL STUDENT LEARNING GAPS WITH STANDARDS-BASED EDUCATIONAL PROGRAMMING IN THE MARTHA & JOHN M. RIVERS PERFORMANCE HALL. THE INITIATIVE AIMS ALSO TO PROVIDE TRANSPORTATION AND MITIGATE FINANCIAL BARRIERS TO MAGNIFICENT PERFORMING ARTS EXPERIENCES FOR ALL AREA SCHOOLCHILDREN, WITH PARTICULAR EMPHASIS ON ZERO-COST ACCESS FOR STUDENTS OF TITLE I SCHOOLS AND THOSE WHO QUALIFY FOR REDUCED-PRICE LUNCH PLANS. THE GPHF WILL RAISE ENDOWMENT FUNDS VIA DEFERRED AND PLANNED GIFTS, OUTRIGHT ENDOWMENT GIFTS, AS WELL AS MAJOR, CURRENT AND BLENDED GIFTS.
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IRS990/MissionDesc0TO SUPPORT THE RENOVATION AND TRANSFORMATION OF THE FORMER GAILLARD AUDITORIUM INTO THE NEW CHARLESTON GAILLARD CENTER THROUGH PRIVATE DONATIONS TO MATCH PUBLIC FUNDS AND GENEROUS GIFTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt010606961
IRS990/NetAssetsOrFundBalancesEOYAmt09449601
IRS990/NetUnrlzdGainsLossesInvstAmt058535
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt0659
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019068
IRS990/OfficeExpensesGrp/TotalAmt019727
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-66175
IRS990/OtherExpensesGrp/Desc0DONOR RECOGNITION
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt0925
IRS990/OtherExpensesGrp/FundraisingAmt186
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0498
IRS990/OtherExpensesGrp/TotalAmt0925
IRS990/OtherExpensesGrp/TotalAmt1584
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03007
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0147361
IRS990/OtherSalariesAndWagesGrp/TotalAmt0150368
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02753643
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02715693
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02387991
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01271348
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010587
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010838
IRS990/PrincipalOfficerNm0DR RENEE D ANDERSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt09778428
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01550592
IRS990/PYInvestmentIncomeAmt019612
IRS990/PYOtherExpensesAmt0162364
IRS990/PYRevenuesLessExpensesAmt07608936
IRS990/PYSalariesCompEmpBnftPaidAmt0476148
IRS990/PYTotalExpensesAmt02189104
IRS990/PYTotalRevenueAmt09798040
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1149720
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05944581
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05116884
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 639,360
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1OTHER INCOME: DURING THE 2015 TAX YEAR, THE GAILLARD PERFORMANCE HALL FOUNDATION HELD ITS OPENINING NIGHT FUNDRAISING AND CELEBRATION GALA FOR THE COMPLETION AND OPENING OF THE GAILLARD CENTER.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt077681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt09778428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt031984570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05255564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02811672
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt049907915
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt017500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt017500
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029315
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04884
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011882
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03014
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt068707
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0639360
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0639360
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62980
IRS990ScheduleA/PublicSupportPY170Pct00.64560
IRS990ScheduleA/PublicSupportTotal170Amt031888085
IRS990ScheduleA/SubstantialContributorsTotAmt018037330
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt095181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt09778428
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt031984570
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05255564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02811672
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt049925415
IRS990ScheduleA/TotalSupportAmt050633482
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.34810
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04755000
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt012700
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04309289
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt080187
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0538598
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt04755000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04755000
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt017500
IRS990ScheduleD/DonatedServicesUseFcltsAmt017500
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0835
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016485
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017320
IRS990ScheduleD/ExpensesNotReportedAmt083675
IRS990ScheduleD/ExpensesSubtotalAmt01256716
IRS990ScheduleD/NetUnrealizedGainsInvstAmt058535
IRS990ScheduleD/OtherExpensesIncludedAmt066175
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.63020
IRS990ScheduleD/RevenueNotReportedAmt076035
IRS990ScheduleD/RevenueSubtotalAmt0106996
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PERMANENT ENDOWMENT FUND DESIGNED TO PROTECT, PRESERVE AND ADVANCE COMMUNITY INVESTMENT AND STAKEHOLDER INTEREST IN THE CULTURAL, ECONOMIC AND EDUCATIONAL RESOURCE MADE POSSIBLE BY THE CAPITAL CAMPAIGN. THE MISSION OF THE GAILLARD PERFORMANCE HALL FOUNDATION AND ITS ENDOWMENT IS TO PROMOTE AND SUPPORT THE CHARLESTON GAILLARD CENTER, SPECIFICALLY THE MARTHA & JOHN M. RIVERS PERFORMANCE HALL, THE EDUCATIONAL PROGRAMS CONDUCTED THEREIN, AND THE RESIDENT ARTS ORGANIZATIONS MAKING USE OF IT. THE ENDOWMENT AIMS FIRST AND FOREMOST TO PERMANENTLY FUND THE GAILLARD CENTER EDUCATION INITIATIVE, WHICH ENDEAVORS TO FILL CRITICAL STUDENT LEARNING GAPS WITH STANDARDS-BASED EDUCATIONAL PROGRAMMING IN THE MARTHA & JOHN M. RIVERS PERFORMANCE HALL. THE INITIATIVE AIMS ALSO TO PROVIDE TRANSPORTATION AND MITIGATE FINANCIAL BARRIERS TO MAGNIFICENT PERFORMING ARTS EXPERIENCES FOR ALL AREA SCHOOLCHILDREN, WITH PARTICULAR EMPHASIS ON ZERO-COST ACCESS FOR STUDENTS OF TITLE I SCHOOLS AND THOSE WHO QUALIFY FOR REDUCED-PRICE LUNCH PLANS. THE GPHF WILL RAISE ENDOWMENT FUNDS VIA DEFERRED AND PLANNED GIFTS, OUTRIGHT ENDOWMENT GIFTS, AS WELL AS MAJOR, CURRENT AND BLENDED GIFTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BAD DEBT EXPENSE 66,175
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.02170
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0835
IRS990ScheduleD/TotalExpensesPerForm990Amt01256716
IRS990ScheduleD/TotalRevenuePerForm990Amt0106996
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0183031
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01340391
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt01000640
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONSTRUCTION SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF CHARLESTON SOUTH CAROLINA
IRS990ScheduleI/RecipientTable/RecipientEIN0576000226
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0823 MEETING STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHARLESTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd029403
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0TO GOAL OF THE FOUNDATION WAS TO SUPPORT THE RENOVATION AND TRANSFORMATION OF THE FORMER GAILLARD AUDITORIUM INTO THE NEW CHARLESTON GAILLARD CENTER THROUGH PRIVATE DONATIONS TO MATCH PUBLIC FUNDS AND GENEROUS GIFTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SURROUNDED BY BEAUTIFUL MANICURED GARDENS AND EVENT LAWNS. THE GAILLARD CENTER OFFERS RESIDENTS, BUSINESSES AND VISITORS, CHILDREN, THE ELDERLY AND DISABLED, A COMMUNAL SPACE THAT WILL BRING PEOPLE TOGETHER WITH EASE, ENERGIZE PROJECTS AND IDEAS, AND MAKE NEW THINGS AND THINKING POSSIBLE. THE GAILLARD CENTER WAS SEEDED BY GENEROUS PRIVATE CONTRIBUTIONS, TO BE MATCHED BY OTHERS, TO BE AN EPICENTER OF INSPIRATION, IMAGINATION, AND COLLABORATION FOR THE ENTIRE COMMUNITY. EVERY DOLLAR OF DONOR CONTRIBUTION GOES DIRECTLY TOWARD THE COST OF THIS VITAL PROJECT. THE GAILLARD CENTER OPENED ON OCTOBER 18, 2015. AT THE CONCLUSION OF THE CAPITAL CAMPAIGN, THE GPHF WILL RAISE FUNDS TOWARD AN ENDOWMENT. THE ENDOWMENT IS A PERMANENT FUND DESIGNED TO PROTECT, PRESERVE AND ADVANCE COMMUNITY INVESTMENT AND STAKEHOLDER INTEREST IN THE CULTURAL, ECONOMIC AND EDUCATIONAL RESOURCE MADE POSSIBLE BY THE CAPITAL CAMPAIGN. THE MISSION OF THE GAILLARD PERFORMANCE HALL FOUNDATION AND ITS ENDOWMENT IS TO PROMOTE AND SUPPORT THE CHARLESTON GAILLARD CENTER, SPECIFICALLY THE MARTHA & JOHN M. RIVERS PERFORMANCE HALL, THE EDUCATIONAL PROGRAMS CONDUCTED THEREIN, AND THE RESIDENT ARTS ORGANIZATIONS MAKING USE OF IT. THE ENDOWMENT AIMS FIRST AND FOREMOST TO PERMANENTLY FUND THE GAILLARD CENTER EDUCATION INITIATIVE, WHICH ENDEAVORS TO FILL CRITICAL STUDENT LEARNING GAPS WITH STANDARDS-BASED EDUCATIONAL PROGRAMMING IN THE MARTHA & JOHN M. RIVERS PERFORMANCE HALL. THE INITIATIVE AIMS ALSO TO PROVIDE TRANSPORTATION AND MITIGATE FINANCIAL BARRIERS TO MAGNIFICENT PERFORMING ARTS EXPERIENCES FOR ALL AREA SCHOOLCHILDREN, WITH PARTICULAR EMPHASIS ON ZERO-COST ACCESS FOR STUDENTS OF TITLE I SCHOOLS AND THOSE WHO QUALIFY FOR REDUCED-PRICE LUNCH PLANS. THE GPHF WILL RAISE ENDOWMENT FUNDS VIA DEFERRED AND PLANNED GIFTS, OUTRIGHT ENDOWMENT GIFTS, AS WELL AS MAJOR, CURRENT AND BLENDED GIFTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY MANAGEMENT AND APPROVED FOR DISTRIBUTION TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HAS THE FORM 990 FOR A COMMENT PERIOD; ONCE THAT COMMENT PERIOD IS COMPLETE AND ANY QUESTIONS ARE ANSWERED, THE FORM 990 IS ISSUED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION RECEIVES AN ANNUAL DECLARATION OF COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY AS WELL AS PROVIDES FOR OPEN COMMUNICATION OF ANY POSSIBLE CHANGES DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR'S SALARY IS BUDGETED AND APPROVED BY THE BOARD OF DIRECTOR'S ON AN ANNUAL BASIS. THE FOUNDATION USES PUBLIC INFORMATION SUCH AS SALARY STUDIES, AS WELL AS OTHER CRITERIA, TO DETERMINE THE COMPENSATION AMOUNT AND ITS REASONABLENESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST AT ITS CORPORATE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BAD DEBTS -66,175
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt093596
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011126728
IRS990/TotalAssetsEOYAmt09451489
IRS990/TotalAssetsGrp/BOYAmt011126728
IRS990/TotalAssetsGrp/EOYAmt09451489
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt077681
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt028062
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0227790
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01000864
IRS990/TotalFunctionalExpensesGrp/TotalAmt01256716
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0519767
IRS990/TotalLiabilitiesEOYAmt01888
IRS990/TotalLiabilitiesGrp/BOYAmt0519767
IRS990/TotalLiabilitiesGrp/EOYAmt01888
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010606961
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09449601
IRS990/TotalProgramServiceExpensesAmt01000864
IRS990/TotalRevenueGrp/ExclusionAmt029315
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0106996
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011126728
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09451489
IRS990/TravelGrp/FundraisingAmt031
IRS990/TravelGrp/ManagementAndGeneralAmt01513
IRS990/TravelGrp/TotalAmt01544
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07839909
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06640312
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt040 CALHOUN STREET
IRS990/USAddress/CityNm0CHARLESTON
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029401
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.GAILLARDFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR RENEE D ANDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIRWOMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08437181578
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GAILLARD PERFORMANCE HALL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GAIL
ReturnHeader/Filer/EIN0900616040
ReturnHeader/Filer/PhoneNum08437181578
ReturnHeader/Filer/USAddress/AddressLine1Txt0334 EAST BAY STREET 152
ReturnHeader/Filer/USAddress/CityNm0CHARLESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029401
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C7502B9BE47F9B8354F737866145CBAECF522AE1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C7502B9BE47F9B8354F737866145CBAECF522AE1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.217.140.173
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:21:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205788602
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GLASER AND COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0149 E BAY ST SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0294013134
ReturnHeader/PreparerPersonGrp/PhoneNum08438490179
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-15

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.3$0.04$13.3$3.30$1.62$1.68
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$0.28$11.2$2.26$1.39$0.87
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.78$0.03$9.74$3.59$1.28$2.32
2021Detailed filing. Detailed filing data is available for this year.$7.94$0.01$7.94$0.75$2.77$2.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.23$0.01$9.23$0.04$0.22$0.18
2019Detailed filing. Detailed filing data is available for this year.$9.45$0.00$9.45$0.13$0.15$0.02
2018Detailed filing. Detailed filing data is available for this year.$9.45$0.00$9.45$0.11$1.26$1.15
2017Detailed filing. Detailed filing data is available for this year.$11.1$0.52$10.6$9.80$2.19$7.61
2016Detailed filing. Detailed filing data is available for this year.$12.3$9.07$3.23$32.0$6.34$25.7
2015Detailed filing. Detailed filing data is available for this year.$12.6$35.1$22.5$5.27$22.4$17.1
2014Detailed filing. Detailed filing data is available for this year.$15.2$20.1$4.83$3.23$22.0$18.7
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.9$20.0$13.9$11.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$0.02$23.2$2.24