Rice Museum FY2021 filing

Tax-deductible

Georgetown, SC501(c)(3)Arts & CultureEIN 58-2323990

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The purpose of the Rice Museum shall be to operate a historical and cultural arts center for georgetown county.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$14K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $30K a year · 16% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$14K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$60K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$149K
+16% vs prior year
Spent
$164K
To programs
71%
Net assets
$305K
By yearFY2020–FY2025
Revenue
$149K
FY2021▲ +16%
Revenue by fiscal year
FY2020$129K
FY2021$149K
FY2023$146K
FY2024$153K
FY2025$311K
Expenses
$164K
FY2021
Expenses by fiscal year
FY2020Not on file
FY2021$164K
FY2023$124K
FY2024$154K
FY2025$197K
Net assets
$305K
FY2021▼ -5%
Net assets by fiscal year
FY2020$319K
FY2021$305K
FY2023$295K
FY2024$294K
FY2025$408K

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1998.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $115K Management & general 29% · $48K

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

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Who runs it and what they're paid

5 people listed on the 990; $14K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$12,500Pt VII · Sec A
$1,441Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Suzanne Zeddun’s $19K as Director is at the 14th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
James a Fitch$13,500$14,500$22,000$12,500$12,000
Suzanne Zeddun$19,288$16,274———
Zenobia Harper——$135$1,441$2,025

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates a historical and cultural arts center for Georgetown County.

Provided by the organization

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1 program service account for $115K of program spending, described in the organization's own filed words · FY2020.
01

Operate a historical and cultural arts center in the historic old market building. Maintain the historic rice museum and conduct tours of its exhibits which explain the story of the rice culture of georgetown, SC.

$115Kprogram expense

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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 · FY2023
Total grants receivedfrom 1 funder$11K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$149K
Ln 12
Gifts and grantsLn 1h$90K
Other incomeLn 4–11$47K
Fees for servicesLn 2g$12K
Money outPt IX
$164K
Ln 25
Programscol B$115K
Managementcol C$48K
Owns and owesPt X
$305K
net assets · Ln 32
Cash and savingsLn 1–2$50K
Total assetsLn 16$365K
LiabilitiesLn 26$60K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$90K
Government grantsLn 1e$71K
Fees for servicesLn 2g$12K
Other incomeLn 4–11$47K
Total revenueLn 12$149K
Assets in detailPt X, end of year
SavingsLn 2$50K
Cash and savings togetherLn 1–2$50K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$251K
Total assetsLn 16$365K
LiabilitiesLn 26$60K
Net assetsLn 32$305K
OperationsPt I, VI
EmployeesI 58
VolunteersI 63
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 FY21End FY21
Cash and savingsLn 1–2$70K$50K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$385K$365K
LiabilitiesLn 26$66K$60K
Net assetsLn 32$319K$305K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$22K$16K$5K
Other salaries and wagesLn 7$59K$38K$21K
Payroll taxesLn 10$6K$4K$2K
Accounting feesLn 11c$10K$10K
OccupancyLn 16$45K$45K
TravelLn 17$868$868
InterestLn 20$1K$1K
InsuranceLn 23$400$329$71
Other expenses (24a–d)Ln 24$16K$10K$5K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$164K$115K$48K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $311K$197K$114K$408K 990 PDF
FY2024 $153K$154K−$756$294K 990 PDF
FY2023 $146K$124K$21K$295K 990 PDF
FY2022 Not on file
FY2021 Viewing $149K$164K−$15K$305K 990 PDF
FY2020 $129K$319K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $149,089 across 7 lines filed
Lines not itemized here account for $51,117 of total revenue; see the IRS return.
VIII-1b Membership dues$3,132
VIII-1e Government grants$70,888
VIII-1f All other contributions, gifts and grants$16,257
VIII-1h Total contributions, gifts and grants$90,277
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,283$12,283
VIII-8 Net income from fundraising eventsExcluded from tax −$4,588−$4,588
VIII-12 Total revenueRelated to mission $63,400 · Unrelated business $0 · Excluded from tax −$4,588$149,089
Part IX · Statement of functional expenses $163,606 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $16,488 · Management $5,187$21,675
IX-7 Other salaries and wagesPrograms $38,390 · Management $20,957$59,347
IX-10 Payroll taxesPrograms $3,961 · Management $1,917$5,878
IX-11c Accounting feesManagement $10,399$10,399
IX-16 OccupancyPrograms $44,973$44,973
IX-17 TravelPrograms $868$868
IX-20 InterestManagement $1,490$1,490
IX-23 InsurancePrograms $329 · Management $71$400
IX-24 Other expenses (24a–d)Programs $10,347 · Management $5,266$15,613
IX-24e All other expensesManagement $2,963$2,963
IX-25 Total functional expensesPrograms $115,356 · Management $48,250 · Fundraising $0$163,606
Part X · Balance sheet $365,038 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $70,230$50,389
X-8 Inventories for sale or useStart of year $64,000$64,000
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $250,649$250,649
X-16 Total assetsStart of year $384,879$365,038
X-17 Accounts payable and accrued expensesStart of year $1,251$2,653
X-24 Unsecured notes and loans payableStart of year $64,400$57,674
X-26 Total liabilitiesStart of year $65,651$60,327
X-27 Net assets without donor restrictionsStart of year $319,228$304,711
X-32 Total net assets or fund balancesStart of year $319,228$304,711
X-33 Total liabilities and net assetsStart of year $384,879$365,038
Part XI · Reconciliation of net assets $304,711 net assets at year end
XI-1 Total revenue$149,089
XI-2 Total expenses$163,606
XI-3 Revenue less expenses−$14,517
XI-4 Net assets at start of year$319,228
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$304,711

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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