PAWLEYS ISLAND FESTIVAL OF MUSIC AND ART INC

EIN: 571061600 501(c)(3) Arts, Culture & Humanities

PAWLEYS ISLAND, SC

Total Revenue
$512,309
Total Expenses
$478,252
Total Assets
$434,368
Net Assets
$434,368
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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
1996
Legal Domicile
SC
Principal Officer
DELORES BLOUNT
Phone
8436268911
Tax Period
2023-01-01 to 2023-12-31

PAWLEYS ISLAND FESTIVAL OF MUSIC AND ART INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $512K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $478K left a modest 7% surplus.

Mission

PROVIDE CULTURAL PERFORMANCES AND PROMOTE THE PERFORMING ARTS.

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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 $229,672
Program Service Revenue $174,892
Investment Income $9,203
Other Revenue $98,542
TOTAL REVENUE $512,309

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,000
Fundraising Expenses $0
Program Expenses $351,679
Other Expenses $412,252
TOTAL EXPENSES $478,252

Year-over-Year Comparison

2023 2022 Change
Revenue $512,309 $437,054 +0.2%
Expenses $478,252 $377,434 +0.3%
Net Income $34,057 $59,620 -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
12
Independent Members
12
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
4
$0
Total Directors
10
$66,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DELORES BLOUNT EXECUTIVE DIRECTOR 40.00
Director
$11,000 $0 $11,000
DAN ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
ILKA DOUBEK BOARD MEMBER 1.00
Director
$0 $0 $0
TARA HAWKINSON BOARD MEMBER 1.00
Director
$0 $0 $0
MARY LOU GIES BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD HEUSEL BOARD MEMBER 1.00
Director
$0 $0 $0
DON THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
RICK BAUMANN BOARD MEMBER 1.00
Director
$0 $0 $0
NATE FATA BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN BRYANT EXECUTIVE DIRECTOR 40.00
Director
$55,000 $0 $55,000
GRETCHEN DOWNER PRESIDENT 2.00
Officer
$0 $0 $0
GEOFF GROAT VICE PRESIDENT 1.00
Officer
$0 $0 $0
AMY MILLER SECRETARY 1.00
Officer
$0 $0 $0
BARBARA KEE TREASURER 1.00
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
2024 No data No data No data No data
2023 $512,309 $478,252 $434,368 $34,057
2022 $437,054 $377,434 $400,311 $59,620
2021 $623,080 $380,414 $340,691 $242,666
2020 $121,813 $102,710 $98,025 $19,103
2019 $395,406 $393,852 $78,923 $1,554
2018 $361,052 $336,048 $77,368 $25,004
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