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Etv Endowment Of South Carolina Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 570657549 ✦ Spartanburg, SC ✦ Designated as a 501(c)(3)

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Overview

What is Etv Endowment Of South Carolina Inc?

The Etv Endowment of South Carolina Inc is a 501(C)(3) nonprofit organization, founded in 1977, headquartered at 401 East Kennedy Street B-1, Spartanburg, SC, 29302. With a team of 28 employees, the endowment supports educational public broadcasting in South Carolina through annual membership contributions. These funds are utilized to purchase programming aired on 11 television stations and 9 radio stations across the state, providing access to a diverse range of content for all South Carolinians, regardless of their ability to pay. The endowment boasts 46,500 donors who collectively made over 263,000 individual gifts in FY23, with these membership funds covering the cost of programming seen on these stations 24 hours a day, 7 days a week, including the national PBS and NPR schedules.


Official website here: www.etvendowment.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98% (Four-Star out of Four Star rating)

The Etv Endowment of South Carolina Inc has achieved a remarkable 98% score, reflecting strong financial health and responsible governance. With a perfect score in Accountability & Finance, the organization demonstrates excellent oversight, transparency, and a commitment to ethical practices. An independent board comprised entirely of 24 members enhances its accountability, ensuring decisions are made in the best interest of the community it serves.

Strengths highlighted in user feedback include the organization's high program expense ratio of 84.06%, suggesting that a significant portion of its funding directly supports its mission. Additionally, the fundraising efficiency ratio of just $0.09 indicates that the nonprofit effectively manages its fundraising costs, maximizing the impact of donations received.

However, the Culture & Community score of 75 suggests there may be areas for improvement in community engagement and outreach. While the organization excels in financial management, enhancing its community involvement could further strengthen its overall impact and connection with the public it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Etv Endowment Of South Carolina Inc legitimate?

Etv Endowment Of South Carolina Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Etv Endowment Of South Carolina Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $462,218
Professional Fundraising Fees: $0
Other Salaries and Wages: $510,213

For more financial information, click here


Official website here: www.etvendowment.org

What is the mission statement of Etv Endowment Of South Carolina Inc?

The Etv Endowment of South Carolina is a non-profit organization established in 1977, dedicated to supporting educational public broadcasting in South Carolina. Through annual membership contributions, this endowment funds programming aired on SCETV, South Carolina Public Radio, and other public media stations. In fiscal year 2023, the endowment secured over 263,000 individual gifts from its 46,500 donors. These funds are allocated to purchase programming seen on 11 television stations and heard on nine radio stations, ensuring a diverse range of content is accessible to all South Carolinians, regardless of their ability to pay. The endowment's efforts enable residents to enjoy 24/7 access to national PBS and NPR schedules.


Official website here: www.etvendowment.org

Who is the CEO of Etv Endowment Of South Carolina Inc?

Coby Cartrette Hennecy is the President of Etv Endowment Of South Carolina Inc.


Official website here: www.etvendowment.org

What is the revenue of Etv Endowment Of South Carolina Inc?

Etv Endowment Of South Carolina Inc's revenue in 2023 was $12,417,364.


Official website here: www.etvendowment.org

Who are the executives of Etv Endowment Of South Carolina Inc and what are their salaries?

The average compensation at Etv Endowment Of South Carolina Inc during 2023 was $34,730. There are 28 employees and 24 volunteers at Etv Endowment Of South Carolina Inc.


Here are 31 key members and their salaries:


Wm Self Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Edwards (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Finn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Traci Young Cooper Edd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryanne Belser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James W Bradshaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Buckshorn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Ashley Cooper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleanor Dunlap (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lane Gilpin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Grant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Gulledge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Ham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Hayes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Holland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Logan-Owens (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Mcabee-Eison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Morrison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Buyck Newton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preston Sabalis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Simmons Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Macaulay Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim O Stuckey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Andrew Westbrook Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel B Chapman (Board Member - Retired)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Duane (Board Member - Retired)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Watson Hackl (Board Member - Retired)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Tecklenburg (Board Member - Retired)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Williams (Board Member - Retired)
  • Compensation: $0
  • Related: $0
  • Other: $0
Coby C Hennecy Cpa Cfre (Executive Director)
  • Compensation: $233,062
  • Related: $10,885
  • Other: $23,597
Lauren Chivers (Financial Officer)
  • Compensation: $139,686
  • Related: $6,866
  • Other: $16,085


Official website here: www.etvendowment.org

Where can I find the form 990 for Etv Endowment Of South Carolina Inc?

Etv Endowment Of South Carolina Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.etvendowment.org

Learn more at the official website: www.etvendowment.org

Mission Statement of Etv Endowment Of South Carolina Inc

The Etv Endowment of South Carolina Inc, a 50-year-old nonprofit organization founded in 1977, is dedicated to promoting educational public broadcasting in the Palmetto State. This 501(c)(3) entity raises funds to support programming broadcast on South Carolina ETV and South Carolina Public Radio, as well as other public media stations. Through the generosity of its 46,500 donors, the Endowment made over 263,000 individual gifts in the fiscal year 2022-23. These contributions are essential for purchasing the programming that is aired 24 hours a day, 7 days a week, including the national PBS and NPR schedules. The Endowment is proud to serve all South Carolinians, regardless of their ability to pay, by providing the many programs it offers. By sourcing funding for educational broadcasting, the Etv Endowment of South Carolina plays a significant role in enriching the lives of South Carolina residents through various informative and engaging programs.

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Impact




October, 2024

The Etv Endowment of South Carolina Inc significantly enhances educational public broadcasting throughout the state. Through the contributions of over 46,500 donors, the organization supports essential programming for SCETV, SC Public Radio, and various public media stations. In FY23 alone, more than 263,000 individual gifts were made, demonstrating strong community engagement and commitment.

These membership contributions enable the purchase of diverse programming, accessible via 11 television stations broadcasting four channels and nine radio stations offering two programming streams. By providing funding for a wide array of broadcasts 24/7—including national PBS and NPR schedules—the Endowment ensures that all South Carolinians, regardless of their financial situation, can access high-quality educational content.

This impactful model promotes a culture of learning and artistic appreciation across the state, enriching the community and fostering a well-informed citizenry. The Endowment's ongoing efforts since its founding in 1977 reflect a dedicated mission to serve and elevate the education and arts in South Carolina.




This information is meant to be a general summary of Etv Endowment Of South Carolina Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$12,417,364 (2023)
Expenses
$10,316,814 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,297,244
  • Program Service Revenue: $845,299
  • Gross Receipts: $19,818,548

Assets and Liabilities:

  • Total Assets: $34,927,814
  • Total Liabilities: $2,782,833
  • Net Assets: $32,144,981

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

UNDERWRITING

Revenue

$845,299

Organization Details

Founding Year

1977

Principal Officer

Coby Cartrette Hennecy

Main Address

401 EAST KENNEDY STREET B-1, SPARTANBURG, SC, 29302

NTEE Category

Code: A120 - Arts

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