Martha and John M Rivers Performance Hall Foundation

Analysis

Martha and John M Rivers Performance Hall Foundation is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Martha and John M Rivers Performance Hall Foundation reported income of $2.3m and spending of $1.4m, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $128k to $2.3m (+1666%), an average of +105% a year. The sharpest change came in the year to June 2021, when income rose by 1893%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Martha and John M Rivers Performance Hall Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within SC. Charities of a similar size with the same main cause include Greenwood Rising Inc ($2.3m), Radio Kingston Corp ($2.3m) and Bob Baker Marionette Theater ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 7.0% of the total. Other salaries and wages came to $698k. At year end it held assets of $11.5m against liabilities of $280k, net assets of $11.2m. It reported 6 employees.