Riverbanks Society
- Assets
- $6.8m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 04/1974
- Data as of
- 06/2021
- EIN
- 23-7278668
Organization Overview
Riverbanks Society is located in Columbia, SC. The organization was established in 1974. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverbanks Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Riverbanks Society generated $6.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $5.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Riverbanks Society has awarded 34 individual grants totaling $34,269,213. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE RIVERBANKS SOCIETY IS A SOUTH CAROLINA CORPORATION ORGANIZED TO PROVIDE FINANCIAL SUPPORT FOR THE RICHLAND-LEXINGTON RIVERBANKS PARK DISTRICT AND ITS ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY FUNCTIONS SOLELY TO SUPPORT THE EFFORTS OF RIVERBANKS ZOO AND GARDEN, A GOVERNMENTAL ENTITY THAT OWNS AND OPERATES A PUBLIC ZOO AND BOTANICAL GARDEN. THE SOCIETY PROVIDES FUNDS TO RIVERBANKS DERIVED FROM MEMBERSHIP SALES AND FUNDRAISING EFFORTS. FUNDS PROVIDED SUPPLEMENT AND ENHANCE THE VALUE AND OFFERINGS OF THE ZOO AND GARDEN. THE SOCIETY MAKES ADDITIONAL SMALL GRANTS TO FURTHER CONSERVATION EFFORTS WHEN SO DIRECTED BY RIVERBANKS.
THE SOCIETY'S PRIMARY SOURCE OF FUNDS FOR SUPPORTING RIVERBANKS ZOO AND GARDEN IS FROM MEMBERSHIP SALES. ANNUAL MEMBERSHIPS ARE SOLD THAT ENTITLE THE MEMBERS TO FREE ADMISSION TO RIVERBANKS ZOO AND GARDEN. THE SOCIETY SELLS, FULFILLS AND MANAGES THE MEMBERSHIP BASE THAT TOTALED 43,102 HOUSEHOLDS AS OF JUNE 30, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie R Jones Secretary | OfficerTrustee | 1 | $0 |
Dr Tristan K Weinkle Vice Preside | OfficerTrustee | 1 | $0 |
Susan S Keenan Immediate Pa | OfficerTrustee | 1 | $0 |
J Stuart Moore President | OfficerTrustee | 1 | $0 |
Jeffrey T Reeves Treasurer | OfficerTrustee | 1 | $0 |
Deans R Fawcett Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,393,516 |
| Investment income | $2,345 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,190 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,422,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $17,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $190 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,951,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,498 |
| Savings and temporary cash investments | $5,002,729 |
| Pledges and grants receivable | $357,500 |
| Accounts receivable, net | $1,019,643 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,688 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,757,058 |
| Accounts payable and accrued expenses | $34,875 |
| Grants payable | $0 |
| Deferred revenue | $15,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $49,875 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $6,707,183 |
Grants Awarded
Over the last fiscal year, Riverbanks Society has awarded $3,954,335 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RICHLAND-LEXINGTON RIVERBANKS PARK PURPOSE: SUPPORTING ORGANIZAT | $3,936,835 |
Charleston, SC PURPOSE: CONSERVATION | $10,000 |
Azle, TX PURPOSE: CONSERVATION | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Riverbanks Society has recieved totaling $1,830,862.
| Awarding Organization | Amount |
|---|---|
Darnall W Boyd Foundation Inc Columbia, SC PURPOSE: CHARITABLE CONTRIBUTION TO ASSIST IN ORGANIZATION'S CHARITABLE PURPOSE | $1,750,000 |
American Endowment Foundation Hudson, OH PURPOSE: ANIMAL-RELATED | $40,000 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 1 GRANT(S) FOR VARYING PURPOSES | $20,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $528 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Dian Fossey Gorilla Fund International Atlanta, GA | $34,853,425 | $8,191,894 |
The North Carolina Aquarium Society Raleigh, NC | $35,588,401 | $10,422,765 |
Riverbanks Society Columbia, SC | $6,757,058 | $6,422,199 |
Paws Humane Inc Columbus, GA | $9,312,790 | $2,921,124 |
Georgia Aquarium Foundation Inc Atlanta, GA | $71,825,615 | $6,050,542 |
Abbotsford Wildlife Foundation Inc Dalton, GA | $0 | $487,462 |
Animal Advocates Barnwell, SC | $2,045,494 | $1,053,392 |
Hssc Thrift Shop Inc Savannah, GA | $1,220 | $397,995 |
North Carolina Wildlife Habitat Foundation Inc Greensboro, NC | $5,465,976 | $832,573 |
Partners For Pets Inc Jonesboro, GA | $50,464 | $262,280 |
Friends Of The Greenville Zoo Inc Greenville, SC | $434,256 | $400,970 |
Friends Of Colleton County Animal Shelter Walterboro, SC | $58,044 | $184,794 |