GREENVILLE ARTS FESTIVAL

EIN: 582676608 501(c)(3) Arts, Culture & Humanities

GREENVILLE, SC

Total Revenue
$2,274,146
Total Expenses
$1,969,364
Total Assets
$808,394
Net Assets
$767,171
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
SC
Principal Officer
KERRY MURPHY
Phone
8644141678
Tax Period
2023-10-01 to 2024-09-30

GREENVILLE ARTS FESTIVAL, founded in 2003, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $2.0M left a modest 13% surplus.

Mission

CREATE A NATIONALLY RECOGNIZED FINE ARTS FESTIVAL THAT ENHANCES QUALITY OF LIFE AND ECONOMIC VITALITY 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 $1,929,635
Program Service Revenue $321,849
Investment Income $22,662
Other Revenue $0
TOTAL REVENUE $2,274,146

Expense Breakdown

Grants Paid $0
Salaries & Benefits $417,130
Fundraising Expenses $27,570
Program Expenses $1,906,346
Other Expenses $1,552,234
TOTAL EXPENSES $1,969,364

Year-over-Year Comparison

2023 2022 Change
Revenue $2,274,146 $1,707,432 +0.3%
Expenses $1,969,364 $1,689,744 +0.2%
Net Income $304,782 $17,688 +16.2%
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
56
Independent Members
56
Employees
4
Volunteers
600

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
1
$141,710
Total Directors
56
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KERRY MURPHY PRESIDENT/CE 40.00
Officer
$141,710 $0 $141,710
CEDRIC ADDERLEY DIRECTOR 1.00
Director
$0 $0 $0
BRANDI ARIAIL DIRECTOR 1.00
Director
$0 $0 $0
NEIL BATAVIA GENERAL COUN 1.00
Director
$0 $0 $0
DAVID BEARD IMMEDIATE PA 1.00
Director
$0 $0 $0
SARAH BEASLEY DIRECTOR 1.00
Director
$0 $0 $0
ROSELLE BONNOIT DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN BRASHIER DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM BROWN CHAIR 1.00
Director
$0 $0 $0
BRAD CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
JESSICA CHRISTOPHILLIS DIRECTOR 1.00
Director
$0 $0 $0
SCOTT CLARK TREASURER 1.00
Director
$0 $0 $0
DAVID CLAYTON DIRECTOR 1.00
Director
$0 $0 $0
MAURA COPSEY DIRECTOR 1.00
Director
$0 $0 $0
WILIAM CRAWFORD DIRECTOR 1.00
Director
$0 $0 $0
CHARLES DALTON DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE DAVIS DIRECTOR 1.00
Director
$0 $0 $0
SUNNIE DEWORKEN DIRECTOR 1.00
Director
$0 $0 $0
BONNIE DIXON DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN EDGERTON DIRECTOR 1.00
Director
$0 $0 $0
ALAN ETHRIDGE DIRECTOR 1.00
Director
$0 $0 $0
CHRIS FINCHER DIRECTOR 1.00
Director
$0 $0 $0
ELLIS FISHER DIRECTOR 1.00
Director
$0 $0 $0
AMANDA FOWLER DIRECTOR 1.00
Director
$0 $0 $0
JEANIE GILMER DIRECTOR 1.00
Director
$0 $0 $0
MEGAN HOLEKAMP DIRECTOR 1.00
Director
$0 $0 $0
HENRY HOROWITZ FOUNDER 1.00
Director
$0 $0 $0
MARJORIE JENKINS DIRECTOR 1.00
Director
$0 $0 $0
JARED KELOWITZ DIRECTOR 1.00
Director
$0 $0 $0
KIM KENT DIRECTOR 1.00
Director
$0 $0 $0
BUTCH KIRVEN DIRECTOR 1.00
Director
$0 $0 $0
RAY LATTIMORE DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER MCCLURE SECRETARY 1.00
Director
$0 $0 $0
JENNIFER MCKISSICK DIRECTOR 1.00
Director
$0 $0 $0
MADISON MCKISSICK DIRECTOR 1.00
Director
$0 $0 $0
KELLY MCSHARRY DIRECTOR 1.00
Director
$0 $0 $0
ADELA MENDOZA DIRECTOR 1.00
Director
$0 $0 $0
CINDY METCALF DIRECTOR 1.00
Director
$0 $0 $0
BOB MORRIS DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM MURPHY DIRECTOR 1.00
Director
$0 $0 $0
CARLA NORVILLE DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE ODOM DIRECTOR 1.00
Director
$0 $0 $0
JEFF OUTTEN DIRECTOR 1.00
Director
$0 $0 $0
HENRY PARR DIRECTOR 1.00
Director
$0 $0 $0
KYLE PUTNAM DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE RAINEY DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE RIDDLE DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE SEAVER DIRECTOR 1.00
Director
$0 $0 $0
LAURA SIPPEY DIRECTOR 1.00
Director
$0 $0 $0
ED STEIN VICE CHAIR 1.00
Director
$0 $0 $0
JENNIFER STILWELL DIRECTOR 1.00
Director
$0 $0 $0
JOE SULIVAN DIRECTOR 1.00
Director
$0 $0 $0
SHERRI TIMMONS DIRECTOR 1.00
Director
$0 $0 $0
MAYOR KNOX WHITE DIRECTOR 1.00
Director
$0 $0 $0
JIMMY WILSON DIRECTOR 1.00
Director
$0 $0 $0
WENDY WILSON DIRECTOR 1.00
Director
$0 $0 $0
ED ZEIGLER DIRECTOR 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 $2,274,146 $1,969,364 $808,394 $304,782
2023 $1,707,432 $1,689,744 $481,923 $17,688
2022 $1,294,508 $1,233,907 $460,182 $60,601
2021 $1,429,371 $1,277,145 $414,917 $152,226
2020 $523,821 $560,026 $786,161 $-36,205
2020 $540,120 $560,026 $786,161 $-19,906
2019 $1,520,297 $1,520,684 $280,361 $-387
2018 $1,431,412 $1,449,511 $312,393 $-18,099
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