Civic Intelligence

Martha and John M Rivers Performance Hall Foundation

990 • Fiscal year 2019 • EIN 90-0616040

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 15, 2020

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

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

15th percentile

-15%

Higher net margin than 15% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

36th percentile

-0.0%

Faster asset growth than 36% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

77th percentile

20%

Faster revenue growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$9,446,961

Down $4,528 (-0.0%) from 2018

Net Assets

Down

$9,446,648

Down $2,953 (-0.0%) from 2018

Liabilities

Down

$313

Down $1,575 (-83%) from 2018

Revenue

Up

$128,171

Up $21,175 (+20%) from 2018

Expenses

Down

$147,506

Down $1,109,210 (-88%) from 2018

Net Income

Up

-$19,335

Up $1,130,385 (+98%) from 2018

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

2019

Assets$9,446,961
Liabilities$313
Net Assets$9,446,648

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

2019

Revenue$128,171
Expenses$147,506
Net Income-$19,335
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 15, 2020
Return Version
2018v3.2
Gross Receipts
$128,171
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.

The gphf will raise funds toward an endowment and current educational programs and philanthropic initiatives of the charleston gaillard center. The endowment is a permanent fund designed to protect, (cont. On sch. O)

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,930,589$3,943,369▲ $12,780
Cash and Non-Interest-Bearing Accounts$3,051,584$3,608,364▲ $556,780
Investments in Publicly Traded Securities$1,186,295$1,264,023▲ $77,728
Pledges and Grants Receivable$1,271,348$609,149▼ $662,199
Prepaid Expenses and Deferred Charges$10,838$14,624▲ $3,786
Land, Buildings, and Equipment, Net$835$7,432▲ $6,597
Total Assets$9,451,489$9,446,961▼ $4,528
Liabilities
Accounts Payable and Accrued Expenses$1,888$313▼ $1,575
Total Liabilities$1,888$313▼ $1,575
Net Assets / Fund Balance
Unrestricted Net Assets$6,640,312$6,548,831▼ $91,481
Permanently Rstr Net Assets$2,715,693$2,726,493▲ $10,800
Temporarily Rstr Net Assets$93,596$171,324▲ $77,728
Total Net Assets Fund Balance$9,449,601$9,446,648▼ $2,953
Total Liabilities and Net Assets / Fund Balance$9,451,489$9,446,961▼ $4,528

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,432$17,037$24,469

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$4,309,289$41,700▲ $77,728$30,900$4,397,817
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
$86,651
Program Service Revenue
$0
Investment Income
$41,520
Other Revenue
$0
All Other Contributions
$86,651
Change in Net Assets
$-19,335

Audited Revenue Reconciliation

Revenue per Audited Statements
$128,171
Revenue Not Reported on Form 990
$53,475
Total Revenue per Audited Statements
$181,646
Total Revenue per Form 990
$128,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,939
Salaries, Compensation, and Employee Benefits$68,567
Total Fundraising Expense$19,978
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$54,334$2,860$57,194
Fees for Services Accounting-$25,720-$25,720
Information Technology-$6,720$11,228$17,948
Fees for Services Legal-$14,269-$14,269
Office Expenses-$11,164$968$12,132
Payroll Taxes-$6,160$324$6,484
Other Employee Benefits-$4,645$244$4,889
Travel-$1,546$81$1,627
Insurance-$1,131$8$1,139
Depreciation Depletion-$524$28$552
Other Expenses-$495$4,237$495
Conferences and Meetings-$220-$220
Total Functional Expenses$0$127,528$19,978$147,506

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$184,599
Expenses per Audited Statements$147,506
Total Expenses per Form 990$147,506
Expenses Not Reported on Form 990$37,093
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
No
Other officer compensation reviewed
Yes
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 15B

The board of directors reviews employee compensation as part of the annual budgetary approval process.

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
2020-07-15
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
1
Volunteers
6

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

Mission statement preserve and advance community investment and stakeholder interest in the cultural, economic and educational resource made possible by the capital campaign.

Form 990, Part III

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 andideas, and make new things and thinking possible. The gaillard center was seeded by generous private contributions, to bematched 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 centeropened on october 18, 2015. At the conclusion of the capital campaign, the gphf will raise funds toward an endowment. The endowment is a permanentfund designed to protect, preserve and advance community investment andstakeholder interest in the cultural, economic and educational resourcemade 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 program, 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 transportationand mitigate financial barriers to magnificent performing arts experiences for all area school children, with particular emphasis on zero-cost access for students of title i schools and those who qualify for reduced-pricelunch plans. The gphf will raise current funds as well as endowment funds via deferredand planned gifts, outright endowment gifts, major, current, annual, and blended gifts.

Form 990, Part XI, Line 9

BAD DEBTS -30,900

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 DEBTS 30,900

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IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt077681
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01000864
IRS990/PYInvestmentIncomeAmt029315
IRS990/PYOtherExpensesAmt0105484
IRS990/PYRevenuesLessExpensesAmt0-1149720
IRS990/PYSalariesCompEmpBnftPaidAmt0150368
IRS990/PYTotalExpensesAmt01256716
IRS990/PYTotalRevenueAmt0106996
IRS990/ReconcilationRevenueExpnssAmt0-19335
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03930589
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03943369
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/CurrentTaxYearAmt086651
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt077681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09778428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt031984570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05255564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt047182894
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt05833
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt017500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt023333
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt041520
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029315
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt019612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04884
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011882
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0107213
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0639360
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0639360
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60550
IRS990ScheduleA/PublicSupportPY170Pct00.62980
IRS990ScheduleA/PublicSupportTotal170Amt029033395
IRS990ScheduleA/SubstantialContributorsTotAmt018172832
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt092484
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt095181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09778428
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt031984570
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05255564
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt047206227
IRS990ScheduleA/TotalSupportAmt047952800
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.34000
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt041700
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IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt077728
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt030900
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt012700
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04309289
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt080187
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0538598
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt04755000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04755000
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt06193
IRS990ScheduleD/DonatedServicesUseFcltsAmt06193
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt07432
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017037
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024469
IRS990ScheduleD/ExpensesNotReportedAmt037093
IRS990ScheduleD/ExpensesSubtotalAmt0147506
IRS990ScheduleD/NetUnrealizedGainsInvstAmt047282
IRS990ScheduleD/OtherExpensesIncludedAmt030900
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.62000
IRS990ScheduleD/RevenueNotReportedAmt053475
IRS990ScheduleD/RevenueSubtotalAmt0128171
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 DEBTS 30,900
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.04000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07432
IRS990ScheduleD/TotalExpensesPerForm990Amt0147506
IRS990ScheduleD/TotalRevenuePerForm990Amt0128171
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0181646
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0184599
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISSION STATEMENT PRESERVE AND ADVANCE COMMUNITY INVESTMENT AND STAKEHOLDER INTEREST IN THE CULTURAL, ECONOMIC AND EDUCATIONAL RESOURCE MADE POSSIBLE BY THE CAPITAL CAMPAIGN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AND 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 ANDIDEAS, AND MAKE NEW THINGS AND THINKING POSSIBLE. THE GAILLARD CENTER WAS SEEDED BY GENEROUS PRIVATE CONTRIBUTIONS, TO BEMATCHED 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 CENTEROPENED ON OCTOBER 18, 2015. AT THE CONCLUSION OF THE CAPITAL CAMPAIGN, THE GPHF WILL RAISE FUNDS TOWARD AN ENDOWMENT. THE ENDOWMENT IS A PERMANENTFUND DESIGNED TO PROTECT, PRESERVE AND ADVANCE COMMUNITY INVESTMENT ANDSTAKEHOLDER INTEREST IN THE CULTURAL, ECONOMIC AND EDUCATIONAL RESOURCEMADE 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 PROGRAM, 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 TRANSPORTATIONAND MITIGATE FINANCIAL BARRIERS TO MAGNIFICENT PERFORMING ARTS EXPERIENCES FOR ALL AREA SCHOOL CHILDREN, WITH PARTICULAR EMPHASIS ON ZERO-COST ACCESS FOR STUDENTS OF TITLE I SCHOOLS AND THOSE WHO QUALIFY FOR REDUCED-PRICELUNCH PLANS. THE GPHF WILL RAISE CURRENT FUNDS AS WELL AS ENDOWMENT FUNDS VIA DEFERREDAND PLANNED GIFTS, OUTRIGHT ENDOWMENT GIFTS, MAJOR, CURRENT, ANNUAL, AND BLENDED GIFTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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/ExplanationTxt3THE 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/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS EMPLOYEE COMPENSATION AS PART OF THE ANNUAL BUDGETARY APPROVAL PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST AT ITS CORPORATE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BAD DEBTS -30,900
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0127528
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09449601
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0128171
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09451489
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09446961
IRS990/TravelGrp/FundraisingAmt081
IRS990/TravelGrp/ManagementAndGeneralAmt01546
IRS990/TravelGrp/TotalAmt01627
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt06640312
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06548831
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt040 CALHOUN STREET
IRS990/USAddress/CityNm0CHARLESTON
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029401
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IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.GAILLARDFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR RENEE D ANDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIRWOMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08437181578
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
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
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.217.140.173
ReturnHeader/FilingSecurityInformation/IPDt02020-07-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:21:55
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

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