Civic Intelligence

Martha and John M Rivers Performance Hall Foundation

990 • Fiscal year 2020 • EIN 90-0616040

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

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

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

48th percentile

0.20x

Higher debt load relative to revenue than 48% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

1st percentile

-491%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

21st percentile

-2.3%

Faster asset growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-71%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$9,233,048

Down $213,913 (-2.3%) from 2019

Net Assets

Down

$9,225,523

Down $221,125 (-2.3%) from 2019

Liabilities

Up

$7,525

Up $7,212 (+2304%) from 2019

Revenue

Down

$37,662

Down $90,509 (-71%) from 2019

Expenses

Up

$222,646

Up $75,140 (+51%) from 2019

Net Income

Down

-$184,984

Down $165,649 (-857%) from 2019

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

2020

Assets$9,233,048
Liabilities$7,525
Net Assets$9,225,523

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

2020

Revenue$37,662
Expenses$222,646
Net Income-$184,984
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.0
Gross Receipts
$37,662
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$3,943,369$4,568,130▲ $624,761
Investments in Publicly Traded Securities$1,264,023$2,377,651▲ $1,113,628
Cash and Non-Interest-Bearing Accounts$3,608,364$2,150,986▼ $1,457,378
Pledges and Grants Receivable$609,149$120,780▼ $488,369
Prepaid Expenses and Deferred Charges$14,624$10,735▼ $3,889
Land, Buildings, and Equipment, Net$7,432$4,766▼ $2,666
Total Assets$9,446,961$9,233,048▼ $213,913
Liabilities
Accounts Payable and Accrued Expenses$313$7,525▲ $7,212
Total Liabilities$313$7,525▲ $7,212
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,548,831$6,440,895▼ $107,936
Net Assets With Donor Restrictions$2,897,817$2,784,628▼ $113,189
Total Net Assets Fund Balance$9,446,648$9,225,523▼ $221,125
Total Liabilities and Net Assets / Fund Balance$9,446,961$9,233,048▼ $213,913

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,766$2,383$7,149

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$4,397,817-▼ $150,296$21,833$4,225,688
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
$29,305
Program Service Revenue
$0
Investment Income
$8,357
Other Revenue
$0
All Other Contributions
$29,305
Change in Net Assets
$-184,984
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$156,761
Total Fundraising Expense$89,664
Other Expenses$65,885
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$91,114$51,804$142,918
Information Technology-$10,991$21,630$32,621
Office Expenses-$9,045$2,918$11,963
Payroll Taxes-$6,789$3,861$10,650
Conferences and Meetings-$197$3,261$3,458
Other Employee Benefits-$3,193-$3,193
Fees for Services Legal-$3,092-$3,092
Depreciation Depletion-$1,519$864$2,383
Travel-$1,017$1,018$2,035
Advertising--$1,745$1,745
Insurance-$1,179-$1,179
Fees for Services Other-$742$422$1,164
Fees for Services Accounting-$828-$828
Other Expenses-$52$341$52
All Other Expenses-$18-$18
Total Functional Expenses$0$132,982$89,664$222,646
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
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
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 Chair & CEO
Phone
8437181578
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Renee D Anderson
Formed
2010
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
6

Preparer

Firm
Glaser and Company LLC
Address
1859 SUMMERVILLE AVE STE 800, CHARLESTON, SC 29405
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 -21,833

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.

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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/PledgesAndGrantsReceivableGrp/BOYAmt0609149
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0120780
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014624
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010735
IRS990/PrincipalOfficerNm0DR RENEE D ANDERSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt086651
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt041520
IRS990/PYOtherExpensesAmt078939
IRS990/PYRevenuesLessExpensesAmt0-19335
IRS990/PYSalariesCompEmpBnftPaidAmt068567
IRS990/PYTotalExpensesAmt0147506
IRS990/PYTotalRevenueAmt0128171
IRS990/ReconcilationRevenueExpnssAmt0-184984
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03943369
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04568130
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/CurrentTaxYearAmt029305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt086651
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt077681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09778428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt031984570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt041956635
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt017500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt017500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt017500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt052500
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08357
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt041520
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029315
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt019612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04884
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0103688
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0639360
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0639360
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55700
IRS990ScheduleA/PublicSupportPY170Pct00.60550
IRS990ScheduleA/PublicSupportTotal170Amt023814179
IRS990ScheduleA/SubstantialContributorsTotAmt018194956
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt046805
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0104151
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt095181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09778428
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt031984570
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt042009135
IRS990ScheduleA/TotalSupportAmt042752183
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.35490
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04397817
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04225688
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-150296
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt021833
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04309289
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt041700
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04397817
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt077728
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt030900
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04755000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt012700
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04309289
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt080187
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0538598
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt04755000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04755000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt04766
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02383
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07149
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.64510
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/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04766
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 -21,833
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/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09446961
IRS990/TotalAssetsEOYAmt09233048
IRS990/TotalAssetsGrp/BOYAmt09446961
IRS990/TotalAssetsGrp/EOYAmt09233048
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt029305
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt089664
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0132982
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0222646
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0313
IRS990/TotalLiabilitiesEOYAmt07525
IRS990/TotalLiabilitiesGrp/BOYAmt0313
IRS990/TotalLiabilitiesGrp/EOYAmt07525
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09446648
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09225523
IRS990/TotalRevenueGrp/ExclusionAmt08357
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt037662
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09446961
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09233048
IRS990/TravelGrp/FundraisingAmt01018
IRS990/TravelGrp/ManagementAndGeneralAmt01017
IRS990/TravelGrp/TotalAmt02035
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt040 CALHOUN STREET
IRS990/USAddress/CityNm0CHARLESTON
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029401
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.GAILLARDFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR RENEE D ANDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIR & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08437181578
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
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/PreparerFirmGrp/PreparerFirmEIN0205788602
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GLASER AND COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01859 SUMMERVILLE AVE STE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029405
ReturnHeader/PreparerPersonGrp/PhoneNum08438490179
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIK M GLASER CPA
ReturnHeader/ReturnTs02021-05-17T10:49:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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
2020Detailed filing. Detailed filing data is available for this year.$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