South Carolina Governors School For The Arts And Humanities Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,280,520 | 1,159,633 | 120,887 | 71.4 | 19% |
| 2022 | 514,877 | 1,488,801 | −973,924 | 60.3 | 19% |
| 2023 | 1,209,788 | 1,780,014 | −570,226 | 52.1 | 9% |
In its most recent public year (2023), this organization spent $570,226 more than it brought in. Its reserves stood at about 52.1 months of spending, down from 71.4 in 2020. Staff pay was 9% of spending. $2,641,527 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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