Aiken Corporation Of South Carolina
- Assets
- $3.0m
- Revenue
- $573.8k
- Investments
- $13.3k
- Employees
- 2
- Location
- Aiken, SC
- Founding
- 05/2006
- Data as of
- 06/2020
- EIN
- 57-1024216
Organization Overview
Aiken Corporation Of South Carolina is located in Aiken, SC. The organization was established in 2006. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Aiken Corporation Of South Carolina employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aiken Corporation Of South Carolina 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 06/2020, Aiken Corporation Of South Carolina generated $573.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $205.6k during the year ending 06/2020. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO DIVERSIFY AND EXPAND THE CITY'S ECONOMIC BASE AND TO IMPROVE THE QUALITY OF LIFE IN AIKEN, SOUTH CAROLINA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION AND REVITALIZATION OF AIKEN'S DOWNTOWN BENEFITING THE CITIZENS OF AIKEN THROUGH BUSINESS RECRUITMENT AND SPECIAL EVENTS.
PRESERVATION AND REVITALIZATION OF AIKEN'S DOWNTOWN BENEFITING THE CITIZENS OF AIKEN THROUGH BUSINESS RECRUITMENT AND SPECIAL EVENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Erb Secretary/tr | OfficerTrustee | 0.5 | $0 |
Arthur W Rich Chairman | OfficerTrustee | 0.5 | $0 |
Pat Cunning Vice Chairma | OfficerTrustee | 0.5 | $0 |
Karen Daly Member | Trustee | 0.3 | $0 |
Gail Diggs Member | Trustee | 0.3 | $0 |
Charlie Hartz Member | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $134,523 |
| Investment income | $1,820 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $108,849 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,682 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,673 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $573,799 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,987 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,600 |
| Payroll taxes | $4,061 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,778 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,179 |
| Office expenses | $602 |
| Information technology | $195 |
| Royalties | $0 |
| Occupancy | $17,791 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,410 |
| All other expenses | $0 |
| Total functional expenses | $205,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $526,089 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $100,000 |
| Accounts receivable, net | $103,191 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $183,839 |
| Inventories for sale or use | $11,818 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $13,265 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $189,183 |
| Total assets | $2,980,471 |
| Accounts payable and accrued expenses | $2,903 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $859,977 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $862,880 |
| 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 | $2,117,591 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Aiken Corporation Of South Carolina has recieved totaling $160,000.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For The Csra Augusta, GA PURPOSE: 2017 FEB DAF GRANTS | $150,000 |
The Community Foundation For The Csra Augusta, GA PURPOSE: 2017 JAN DAF GRANT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aurora Theatre Inc Lawrenceville, GA | $10,092,561 | $4,172,461 |
Childrens Theatre Of Charlotte Inc Charlotte, NC | $26,819,373 | $2,866,228 |
North Carolina Theatre Raleigh, NC | $3,174,252 | $3,580,122 |
Roanoke Island Historical Association Inc Manteo, NC | $10,126,995 | $2,839,927 |
Carolina Theatre Of Durham Inc Durham, NC | $4,096,389 | $4,794,341 |
Triad Stage Inc Greensboro, NC | $3,172,585 | $1,782,621 |
Cape Fear Regional Theatre At Fayetteville Inc Fayetteville, NC | $12,746,440 | $5,274,207 |
Greenville Theatre Greenville, SC | $1,160,759 | $1,950,645 |
Theatre In The Park Inc Raleigh, NC | $2,002,475 | $1,910,364 |
Elm Street Cultural Arts Village Inc Woodstock, GA | $1,718,719 | $1,491,889 |
International Alliance Theatrical Stage Employees & Moving Picture M Wilmington, NC | $5,538,162 | $2,076,502 |
Thalian Association Of Wilmington Inc Wilmington, NC | $860,494 | $1,715,848 |