GREENVILLE CENTER FOR CREATIVE ARTS

EIN: 465542692 501(c)(3) Arts, Culture & Humanities

GREENVILLE, SC

Total Revenue
$525,979
Total Expenses
$1,049,581
Total Assets
$2,813,625
Net Assets
$1,988,174
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
SC
Principal Officer
SARA GRAMBACH
Phone
8647353948
Tax Period
2024-01-01 to 2024-12-31

GREENVILLE CENTER FOR CREATIVE ARTS, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $526K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 100% operating deficit.

Mission

COMMUNITY ART CENTER ACTIVITIES. THE GREENVILLE CENTER FOR CREATIVE ARTS PROVIDES OPPORTUNITIES FOR ARTISTS AND ARTS ENTHUSIATS TO DEVELOP SKILLS, APPRECIATE, AND ENJOY THE VISUAL ARTS IN THE GREENVILLE SC COMMUNITY. THE CENTER PROVIDES ART CLASSES, EXHIBITION SPACE, STUDIOS, AND GATHERING SPACE FOR ARTIST RESIDING IN THE UPSTATE OF SOUTH CAROLINA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $264,146
Program Service Revenue $245,616
Investment Income $0
Other Revenue $16,217
TOTAL REVENUE $525,979

Expense Breakdown

Grants Paid $0
Salaries & Benefits $519,640
Fundraising Expenses $176,728
Program Expenses $670,831
Other Expenses $529,941
TOTAL EXPENSES $1,049,581

Year-over-Year Comparison

2024 2023 Change
Revenue $525,979 $1,048,945 -0.5%
Expenses $1,049,581 $969,978 +0.1%
Net Income $-523,602 $78,967 -7.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
15
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
12
$165,280
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA ABBOTT CEO 40.00
Director
$165,280 $0 $165,280
MARY CHURCH CORNETTE DIRECTOR 1.00
Director
$0 $0 $0
EARLE FURMAN DIRECTOR/FOU 1.00
Director
$0 $0 $0
DAN HELWING TREASURER 1.00
Director
$0 $0 $0
BEN HEPNER DIRECTOR 1.00
Director
$0 $0 $0
BLAIR KNOBEL SECRETARY 1.00
Director
$0 $0 $0
KACEE LOMINACK DIRECTOR 1.00
Director
$0 $0 $0
VEE POPAT DIRECTOR 1.00
Director
$0 $0 $0
NATHAN REYNOLDS DIRECTOR 1.00
Director
$0 $0 $0
LIZ RUNDORFF-SMITH DIRECTOR 1.00
Director
$0 $0 $0
BILL STEPHENSON VICE CHAIR 1.00
Director
$0 $0 $0
BRADLEY WINGATE CHAIR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $525,979 $1,049,581 $2,813,625 $-523,602
2023 $1,048,945 $969,978 $3,322,199 $78,967
2022 $498,439 $761,608 $3,306,925 $-263,169
2021 $964,186 $674,081 $3,673,648 $290,105
2020 $1,613,054 $747,015 $2,716,292 $866,039
2019 $779,297 $727,406 $2,081,499 $51,891
2018 $837,653 $493,531 $2,025,948 $344,122
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