ETV Endowment of South Carolina Inc

EIN: 570657549 501(c)(3) Arts, Culture & Humanities

Spartanburg, SC

Total Revenue
$13,983,396
Total Expenses
$11,024,755
Total Assets
$38,173,358
Net Assets
$35,579,473
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
SC
Phone
8645910046
Tax Period
2023-07-01 to 2024-06-30

ETV Endowment of South Carolina Inc, founded in 1977, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $14.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.0M, a strong 21% operating margin.

Mission

TO PROMOTE EDUCATIONAL PUBLIC BROADCASTING IN 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 (2023)

Revenue Breakdown

Contributions & Grants $10,242,573
Program Service Revenue $848,960
Investment Income $2,881,746
Other Revenue $10,117
TOTAL REVENUE $13,983,396

Expense Breakdown

Grants Paid $1,416,888
Salaries & Benefits $1,305,872
Fundraising Expenses $837,832
Program Expenses $9,282,352
Other Expenses $8,282,995
TOTAL EXPENSES $11,024,755

Year-over-Year Comparison

2023 2022 Change
Revenue $13,983,396 $12,417,364 +0.1%
Expenses $11,024,755 $10,316,814 +0.1%
Net Income $2,958,641 $2,100,550 +0.4%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

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
23
Independent Members
23
Employees
25
Volunteers
23

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
6
$487,421
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A President 1.0
Officer Director
$0 $0 $0
N/A Vice-President 1.0
Officer Director
$0 $0 $0
N/A Secretary 1.0
Officer Director
$0 $0 $0
N/A Treasurer 1.0
Officer Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Executive Director 40.0
Officer
$259,797 $26,794 $298,686
N/A Financial Officer 35.0
Officer
$162,795 $18,130 $188,735
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
2025 No data No data No data No data
2024 $13,983,396 $11,024,755 $38,173,358 $2,958,641
2023 $12,417,364 $10,316,814 $34,927,814 $2,100,550
2022 $11,204,274 $9,761,112 $31,848,009 $1,443,162
2021 $10,825,348 $9,313,731 $34,650,598 $1,511,617
2020 $10,371,222 $8,703,824 $28,605,985 $1,667,398
2019 $9,293,696 $7,905,265 $27,197,359 $1,388,431
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