South Carolina Manufacturers Institute
- Assets
- $24.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 04/2015
- Data as of
- 03/2023
- EIN
- 47-3103565
Organization Overview
South Carolina Manufacturers Institute is located in Columbia, SC. The organization was established in 2015. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Manufacturers Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 03/2023, South Carolina Manufacturers Institute generated $75.0 in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $2.7k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO FOSTER THE GROWTH OF MANUFACTURING IN SOUTH CAROLINA. NO PROGRAMS DURING YEAR ENDING MARCH 31, 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Richter Board Member | 1 | $0 | |
Sara Hazzard President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $75 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,778 |
| Total expenses | $2,728 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,507 |
| Other assets | $0 |
| Total assets | $24,507 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,507 |