PEACE CENTER FOUNDATION

EIN: 570811297 501(c)(3) Arts, Culture & Humanities

GREENVILLE, SC

Total Revenue
$41,873,432
Total Expenses
$33,347,883
Total Assets
$160,059,782
Net Assets
$142,371,262
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
SC
Phone
8644673030
Tax Period
2024-09-01 to 2025-08-31

PEACE CENTER FOUNDATION, founded in 1985, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $41.9M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $8.5M, a strong 20% operating margin.

Mission

To enrich the lives of everyone we reach.

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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 $4,481,660
Program Service Revenue $28,230,049
Investment Income $6,785,303
Other Revenue $2,376,420
TOTAL REVENUE $41,873,432

Expense Breakdown

Grants Paid $76,659
Salaries & Benefits $6,917,393
Fundraising Expenses $1,203,516
Program Expenses $30,264,465
Other Expenses $26,353,831
TOTAL EXPENSES $33,347,883

Year-over-Year Comparison

2024 2023 Change
Revenue $41,873,432 $50,473,511 -0.2%
Expenses $33,347,883 $27,958,812 +0.2%
Net Income $8,525,549 $22,514,699 -0.6%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
251
Volunteers
125

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
5
$1,151,251
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ben Norwood Chair 1.0
Officer Director
$0 $0 $0
Betty Temple Secretary 1.0
Officer Director
$0 $0 $0
Jim Akerhielm Treasurer 1.0
Officer Director
$0 $0 $0
Bill Pelham Board Member 1.0
Director
$0 $0 $0
Cleve Christophe Board Member 1.0
Director
$0 $0 $0
David Edwards Board Member 1.0
Director
$0 $0 $0
David Evette Board Member 1.0
Director
$0 $0 $0
David Wilkins Board Member 1.0
Director
$0 $0 $0
Karen Baynes-Dunning Board Member 1.0
Director
$0 $0 $0
Lee Bell Board Member 1.0
Director
$0 $0 $0
Marion Crawford Board Member 1.0
Director
$0 $0 $0
Paul Gaeto Board Member 1.0
Director
$0 $0 $0
Russell Stall Board Member 1.0
Director
$0 $0 $0
Steve Navarro Board Member 1.0
Director
$0 $0 $0
Megan Riegel President and CEO 50.0
Officer
$660,107 $191,825 $851,932
Scott Clark CFO 50.0
Officer
$268,804 $30,515 $299,319
Benjamin McCarthy VP of Development 50.0
Highest
$154,262 $14,079 $168,341
Brian Ridolfo VP of Programming 50.0
Highest
$205,200 $19,511 $224,711
Renae Ouellette VP of Hospitality 50.0
Highest
$135,790 $7,254 $143,044
Ronald Radford Jr Director of IT 50.0
Highest
$155,969 $9,228 $165,197
Scott Shiller Chief Operating Officer 50.0
Highest
$250,680 $13,132 $263,812
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 $41,873,432 $33,347,883 $160,059,782 $8,525,549
2024 $50,473,511 $27,958,812 $151,482,793 $22,514,699
2023 $42,840,019 $28,989,487 $117,742,559 $13,850,532
2022 $36,406,643 $26,095,933 $99,366,004 $10,310,710
2021 $17,581,209 $7,034,741 $99,689,105 $10,546,468
2020 $17,298,653 $17,826,336 $78,741,440 $-527,683
2019 $27,428,202 $25,234,945 $78,769,939 $2,193,257
2018 $25,406,532 $21,318,262 $77,186,707 $4,088,270
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