Rice Museum FY2024 filing

Tax-deductible

Georgetown, SC501(c)(3)Arts & CultureEIN 58-2323990Revenue $153K in FY2024

On file with the IRSricemuseum.org633 Front St, 29440-3623 · Georgetown, SCTax-exempt since Mar 1998Publicly supported charity — 170(b)(1)(A)(vi)

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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.
87¢ of each $1 spent went to programs.
$31K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$31K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
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
$42K
12% of total assets
Looks good: liabilities are 12% 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
$153K
+5% vs prior year
Spent
$154K
To programs
87%
Net assets
$294K
By yearFY2020–FY2025
Revenue
$153K
FY2024▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$129K
FY2021$149K
FY2023$146K
FY2024$153K
FY2025$311K
Expenses
$154K
FY2024▲ +24%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$164K
FY2023$124K
FY2024$154K
FY2025$197K
Net assets
$294K
FY2024-0.3%
Tap a bar for its year
Net assets by fiscal year
FY2020$319K
FY2021$305K
FY2023$295K
FY2024$294K
FY2025$408K

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 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

87 cents of each dollar spent went to programs.

Program services 87% · $134K Management & general 13% · $20K Fundraising 0% · $50

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; $31K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$16,274Pt VII · Sec A
Executive Director
$14,500Pt 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.

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Provided by the organization

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1 program · $134K · in their own filed words · FY2023
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.

$134Kprogram expense

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 FY2024 990, line by line.

1The main four
Money inPt VIII
$153K
Ln 12
Other incomeLn 4–11$100K
Fees for servicesLn 2g$29K
Gifts and grantsLn 1h$25K
Money outPt IX
$154K
Ln 25
Programscol B$134K
Managementcol C$20K
Fundraisingcol D$50
Owns and owesPt X
$294K
net assets · Ln 32
Cash and savingsLn 1–2$5K
Total assetsLn 16$336K
LiabilitiesLn 26$42K
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$25K
Fees for servicesLn 2g$29K
Investment incomeLn 3$1
Other incomeLn 4–11$100K
Total revenueLn 12$153K
Assets in detailPt X, end of year
CashLn 1$4K
SavingsLn 2$738
Cash and savings togetherLn 1–2$5K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$251K
Total assetsLn 16$336K
LiabilitiesLn 26$42K
Net assetsLn 32$294K
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 FY24End FY24
Cash and savingsLn 1–2$6K$5K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$338K$336K
LiabilitiesLn 26$43K$42K
Net assetsLn 32$295K$294K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$36K$31K$5K
Other salaries and wagesLn 7$40K$38K$2K
Other employee benefitsLn 9$6K$5K$431
Accounting feesLn 11c$8K$8K
OccupancyLn 16$47K$47K
InterestLn 20$1K$1K
InsuranceLn 23$639$525$114
Other expenses (24a–d)Ln 24$15K$11K$4K
All other expensesLn 24e$878$311$517$50
Total functional expensesLn 25$154K$134K$20K$50

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $311K$197K$114K$408K 990 PDF
FY2024 Viewing $153K$154K−$756$294K 990 PDF
FY2023 $146K$124K$21K$295K 990 PDF
FY2022 Not on file
FY2021 $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 FY2024 990 (6 parts)
Part I · Summary $153,122 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $41,717$24,733
I-9 Program service revenuePrior year $22,389$28,522
I-10 Investment incomePrior year $1$1
I-11 Other revenuePrior year $81,456$99,866
I-12 Total revenuePrior year $145,563$153,122
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 $59,127$81,766
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $64,983$72,112
I-18 Total expensesPrior year $124,110$153,878
I-19 Revenue less expensesPrior year $21,453−$756
Part VI · Governance 3 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $153,122 across 8 lines filed
Lines not itemized here account for $91,803 of total revenue; see the IRS return.
VIII-1b Membership dues$13,959
VIII-1f All other contributions, gifts and grants$10,774
VIII-1h Total contributions, gifts and grants$24,733
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $28,522$28,522
VIII-3 Investment incomeExcluded from tax $1$1
VIII-6 Net rental income or lossRelated to mission $827$827
VIII-8 Net income from fundraising eventsExcluded from tax $7,236$7,236
VIII-12 Total revenueRelated to mission $121,152 · Unrelated business $0 · Excluded from tax $7,237$153,122
Part IX · Statement of functional expenses $153,878 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $31,497 · Management $4,641$36,138
IX-7 Other salaries and wagesPrograms $38,187 · Management $1,818$40,005
IX-9 Other employee benefitsPrograms $5,192 · Management $431$5,623
IX-11c Accounting feesManagement $7,650$7,650
IX-16 OccupancyPrograms $46,688$46,688
IX-20 InterestManagement $1,219$1,219
IX-23 InsurancePrograms $525 · Management $114$639
IX-24 Other expenses (24a–d)Programs $11,235 · Management $3,803$15,038
IX-24e All other expensesPrograms $311 · Management $517 · Fundraising $50$878
IX-25 Total functional expensesPrograms $133,635 · Management $20,193 · Fundraising $50$153,878
Part X · Balance sheet $336,129 assets, 12 lines filed
Asset lines not itemized here account for $26,337; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $5,066$4,405
X-2 Savings and temporary cash investmentsStart of year $543$738
X-8 Inventories for sale or useStart of year $55,000$54,000
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 $337,595$336,129
X-17 Accounts payable and accrued expensesStart of year $1,223$1,712
X-24 Unsecured notes and loans payableStart of year $41,466$40,267
X-26 Total liabilitiesStart of year $42,689$41,979
X-27 Net assets without donor restrictionsStart of year $294,906$294,150
X-32 Total net assets or fund balancesStart of year $294,906$294,150
X-33 Total liabilities and net assetsStart of year $337,595$336,129
Part XI · Reconciliation of net assets $294,150 net assets at year end
XI-1 Total revenue$153,122
XI-2 Total expenses$153,878
XI-3 Revenue less expenses−$756
XI-4 Net assets at start of year$294,906
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$294,150

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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