Charleston Inauguration Committee

IRS exemption revoked

Charleston, SCUnknown exempt organization EIN 47-5668708Latest filing we have: 2021. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSCharleston, SC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

The corporation shall promote social welfare by funding public events honoring and commemorating the Inauguration of local public officials, funding private events, panels, seminars and educational and civic programs to foster civic pride and further education in the importance of local and state government, funding the promotion of public service, funding the needs of the impoverish, funding the arts and to do all things necessary or convenient, and not inconsistent with the law, to further these goals.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-5668708) · Dispute this line
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
The IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $6K a year · last 2 filings
A surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
87%
of spending
87% of spending went to programs.
Pt IX · Ln 25 · col B
22.9 mo
of spending, in cash
22.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
0
of 4 voting members
None of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$0
Spent
$6K
To programs
87%
Net assets
$11K
By yearFY2021–FY2022
Revenue
$0
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2021$0
FY2022$0
Expenses
$6K
FY2022▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2021$6K
FY2022$6K
Net assets
$11K
FY2022▼ -34%
Tap a bar for its year
Net assets by fiscal year
FY2021$17K
FY2022$11K

From the FY2022 Form 990 (year ending June 2022) · see the original

IRS revoked this organization's tax-exempt status on November 15, 2025

Is it real?

No. The IRS revoked its tax exemption. Latest filing we have: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $5K Management & general 13% · $758

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Chairman/Secretary
$0Pt VII · Sec A
Vice-Chairman
$0Pt VII · Sec A
See Charleston Inauguration Committee executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds public events, civic education, arts, and aid for the impoverished.

Questions for Charleston Inauguration Committee

Tap to ask. Charleston Inauguration Committee sees how many people are interested.

Your first name shows with your question. Charleston Inauguration Committee answers here, for everyone.

3 programs · $5K · in their own filed words · FY2021
01

Promotion of Fine Arts and Community Support

Assisting local charitable organizations and projects involved with fine arts in the community and support of public works and youth development.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-5668708) · Dispute this line
$5Kprogram expense
02

Promotion of city of Charleston inauguartion of city elected officials. Non partisan celebration of all officials elected to city office. Initiated january 2016 and will recur every 4 years at the gaillard center and other public locations in Charleston, SC.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-5668708) · Dispute this line
Pt IX · Ln 25 · col B
03

Funding the Needs of Impoverished

Assisting the homeless. Initiated march 2016 and is ongoing for the foreseeable future. The program is to assist homeless individuals in Charleston, SC.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-5668708) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$2K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$0
Ln 12
Money outPt IX
$6K
Ln 25
Programscol B$5K
Managementcol C$758
Owns and owesPt X
$11K
net assets · Ln 32
Cash and savingsLn 1–2$11K
Total assetsLn 16$11K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Total revenueLn 12$0
Assets in detailPt X, end of year
CashLn 1$11K
Cash and savings togetherLn 1–2$11K
Total assetsLn 16$11K
LiabilitiesLn 26$0
Net assetsLn 32$11K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$17K$11K
Total assetsLn 16$17K$11K
LiabilitiesLn 26$0$0
Net assetsLn 32$17K$11K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$683$683
Other expenses (24a–d)Ln 24$5K$5K$75
Total functional expensesLn 25$6K$5K$758$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest ViewingFiled with the IRS Oct 21, 2022 $0$6K−$6K$11K 990 PDF
FY2021Filed with the IRS Nov 24, 2021 $0$6K−$6K$17K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $0 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $0$0
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,325$5,758
I-18 Total expensesPrior year $6,325$5,758
I-19 Revenue less expensesPrior year −$6,325−$5,758
Part VI · Governance 0 of 4 board members independent, 5 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $0 across 1 lines filed
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
Part IX · Statement of functional expenses $5,758 across 2 lines filed
IX-11c Accounting feesManagement $683$683
IX-24 Other expenses (24a–d)Programs $5,000 · Management $75$5,075
IX-25 Total functional expensesPrograms $5,000 · Management $758 · Fundraising $0$5,758
Part X · Balance sheet $10,997 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $16,755$10,997
X-16 Total assetsStart of year $16,755$10,997
X-26 Total liabilitiesStart of year $0$0
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $16,755$10,997
X-32 Total net assets or fund balancesStart of year $16,755$10,997
X-33 Total liabilities and net assetsStart of year $16,755$10,997
Part XI · Reconciliation of net assets $10,997 net assets at year end
XI-1 Total revenue$0
XI-2 Total expenses$5,758
XI-3 Revenue less expenses−$5,758
XI-4 Net assets at start of year$16,755
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,997

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →