SOUTH CAROLINA MUSIC EDUCATORS ASSOCIATION INC

EIN: 570748109 501(c)(3) Education

SPARTANBURG, SC

Total Revenue
$1,546,577
Total Expenses
$1,318,388
Total Assets
$1,041,685
Net Assets
$1,040,565
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
SC
Principal Officer
PATRICIA FOY
Phone
8645969172
Tax Period
2024-07-01 to 2025-06-30

SOUTH CAROLINA MUSIC EDUCATORS ASSOCIATION INC, founded in 1957, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 15% surplus.

Mission

THE PROMOTION AND ADVANCEMENT OF MUSIC THROUGH THE USE OF SCHOOLS AND OTHER ORGANIZATIONS TO PROVIDE MUTUAL ASSISTANCE FOR ITS MEMBERS. MEMBERSHIP IS MADE UP OF TEACHERS THROUGHOUT THE STATE OF SC

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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 $52,421
Program Service Revenue $1,477,117
Investment Income $17,039
Other Revenue $0
TOTAL REVENUE $1,546,577

Expense Breakdown

Grants Paid $0
Salaries & Benefits $61,617
Fundraising Expenses $2,082
Program Expenses $1,279,939
Other Expenses $1,256,771
TOTAL EXPENSES $1,318,388

Year-over-Year Comparison

2024 2023 Change
Revenue $1,546,577 $1,333,647 +0.2%
Expenses $1,318,388 $1,209,588 +0.1%
Net Income $228,189 $124,059 +0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
15
$37,167
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONNIE GRANTHAM TREASURER - 10.00
Officer
$18,000 $0 $18,000
SUSAN WINES EXEC DIR-ORC N/A
Officer
$10,000 $0 $10,000
PATRICIA FOY EXEC. DIRECT 10.00
Officer
$9,167 $0 $9,167
MAURICE BURGESS PRESIDENT - N/A
Officer
$0 $0 $0
ROSETTA DINGLE PRESIDENT- H N/A
Officer
$0 $0 $0
CHRIS ESSIG PRESIDENT-GU N/A
Officer
$0 $0 $0
TOM FINIGAN PRESIDENT EL N/A
Officer
$0 $0 $0
LESLIE GILREATH PRESIDENT- B N/A
Officer
$0 $0 $0
JEFF HARRIS EXECUTIVE D N/A
Officer
$0 $0 $0
ALLISON KEY PRES -ORCHES N/A
Officer
$0 $0 $0
COLLEEN MARCOU PRESIDENT N/A
Officer
$0 $0 $0
BELINDA MORSE TREASURER-EL N/A
Officer
$0 $0 $0
LISA PECARINA TREASURER - N/A
Officer
$0 $0 $0
SETH PHILLIPS PRESIDENT-EL N/A
Officer
$0 $0 $0
ANDREA QUINN PRESIDENT-PI N/A
Officer
$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
2025 $1,546,577 $1,318,388 $1,041,685 $228,189
2024 $1,333,647 $1,209,588 $813,496 $124,059
2023 $1,301,624 $1,270,965 $708,033 $30,659
2022 $857,100 $990,233 $658,778 $-133,133
2021 $313,498 $271,434 $791,799 $42,064
2020 $993,685 $891,787 $748,727 $101,898
2019 $1,077,027 $1,052,542 $665,769 $24,485
2018 $946,554 $933,709 $647,420 $12,845
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