2025-06-27T13:12:53+00:00 2024-08-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-09-01 570811297 PEACE CENTER FOUNDATION PEAC 8644673030 101 WEST BROAD STREET GREENVILLE SC 29601 W SCOTT CLARK CFO 2025-06-27 true Amy Bibby P00445891 8282542254 2025-06-27 2023 2025-03-06 01:10:19Z Peace Center MEGAN RIEGEL 101 WEST BROAD STREET GREENVILLE SC 29601 51111028 false X WWW.PEACECENTER.ORG X 1985 SC To enrich the lives of everyone we reach. 16 16 245 125 906008 11076 11851380 21552508 26005211 22543353 2841479 4244225 2141949 2133425 42840019 50473511 10000 96386 0 0 5044004 6708478 0 0 893815 23935483 21153948 28989487 27958812 13850532 22514699 117742559 151482793 14084018 19896172 103658541 131586621 To enrich the lives of everyone we reach. false false 24957212 96386 23183393 The Peace Center presents high quality and culturally significant performing artists of varied genres. The establishment of the venue and resultant programming make the performing arts accessible to the regional community. Performances include Broadway shows, dance, folk, classical, choral, international, blues, rock, jazz, and opera. The Peace Center serves as the primary venue for local performing arts organizations to present programming gear to that organization's specific art focus. The Peace Center's resident companies include the Greenville Symphony Orchestra, Carolina Ballet, International Ballet, and South Carolina Governor's School for the Arts and Humanities. The Peace Center provides professional facility and event services at significantly subsidized rates to fiscally support the efforts of these local performing arts organizations. The Peace Center's Community Engagement initiatives seek to tell stories, amplify voices, educate and inspire through the arts. Our aim in community engagement is to create a more inclusive Peace Center by partnering with organizations to increase accessibility to programming, to represent the vast diversity of our community, and to be a welcoming space for all to experience performing arts. 24957212 true true false true false false false false true true true true false false true false true false false false false false false false false false true false true false false false false false false false false false false false false true true true true false false true 172 0 true 245 true true true false false false false true true false false false false false false X 16 16 false false false false false false false true true false false true true true true true true true true true true SC X W SCOTT CLARK 8644673000 101 WEST BROAD ST GREENVILLE SC 29601 Betty Temple Secretary 1.0 0.1 X X 0 0 0 Jim Akerhielm Treasurer 1.0 0.1 X X 0 0 0 Lynn Harton Chair 1.0 0.1 X X 0 0 0 Ben Norwood Board Member 1.0 X 0 0 0 Bill Pelham Board Member 1.0 X 0 0 0 Bruce Holstein Board Member 1.0 X 0 0 0 Cleve Christophe Board Member 1.0 X 0 0 0 David Wilkins Board Member 1.0 X 0 0 0 Joe Kernell Board Member 1.0 X 0 0 0 Karen Baynes Dunning Board Member 1.0 X 0 0 0 Lee Bell Board Member 1.0 X 0 0 0 Marion Crawford Board Member 1.0 X 0 0 0 Paul Gaeto Board Member 1.0 X 0 0 0 Russell Stall Board Member 1.0 X 0 0 0 Shannon Lavrin Board Member 1.0 X 0 0 0 Steve Navarro Board Member 1.0 X 0 0 0 Megan Riegel President and CEO 50.0 1.0 X 629745 0 22289 Scott Clark CFO 50.0 1.0 X 243602 0 29949 Ben McCarthy VP of Development 40.0 X 137038 0 12031 Brian Ridolfo VP of Programming 40.0 X 185000 0 27726 Margaret Meadows VP of External Relations 40.0 X 140322 0 19111 Trevor Hamilton VP of Operations 40.0 X 111057 0 17459 1446764 0 128565 6 false true false Six Boleyn Tour 561 7th Avenue 3rd Floor New York NY 10018 Broadway Tour 1467784 I Love Cotton Candy LLC 230 West 41st Street Suite 1703 New York NY 10036 Broadway Tour 1008694 Stagetech Productions LLC PO Box 9425 Greenville SC 29604 Stage Labor Staffing 958040 TKMB National Tour LLC 7135 Minstrel Way Ste 105 Columbia MD 21045 Broadway Tour 862577 Beetlejuice First National Tour LLC 7135 Minstrel Way Ste 105 Columbia MD 21045 Broadway Tour 856954 26 17500000 4052508 21552508 TICKET REVENUE 711110 22054041 22054041 OTHER PROGRAM SERVICES 711110 489312 413371 75941 0 0 0 0 22543353 3130217 3130217 782750 782750 0 782750 332375 450375 1109323 4685 1109323 4685 1114008 1114008 1353498 637517 715981 715981 CATERING 722320 497692 497692 MISCELLANEOUS 900099 137002 137002 0 0 0 0 634694 50473511 23183393 906008 4831602 96386 96386 1010965 575262 365923 69780 4717188 3664079 732704 320405 86822 64256 16652 5914 480027 355263 92066 32698 413476 306009 79302 28165 134061 134061 54025 54025 259705 259705 1713193 1709785 3408 0 1452785 1452785 1135241 642590 123163 369488 156703 156703 94461 94461 609476 609476 118611 114744 3867 378232 378232 2774001 2496601 221920 55480 302496 272246 24200 6050 CONCERT CONTRACTS 11215035 11215035 Production and Show Expenses 471489 471489 RECRUITING AND RELOCATION 277875 277875 MISCELLANEOUS 6559 3935 656 1968 0 0 0 0 27958812 24957212 2107785 893815 6457 5349 41147294 57518921 4799960 3619791 0 0 0 57089 43679 380978 563662 73450303 54188750 8212179 19261553 25641091 31249700 13548626 15398425 23476814 23476814 472071 344899 117742559 151482793 1958797 3916304 12125221 15979868 0 0 0 14084018 19896172 X 103428167 131356247 230374 230374 103658541 131586621 117742559 151482793 22514699 5413381 0 X X false true X true false X 3065985 13634419 5963920 11851380 21552508 56068212 0 0 3065985 13634419 5963920 11851380 21552508 56068212 2835096 53233116 1565320 1616340 3256658 3370919 3912967 13722204 -16128 52511 142102 71338 25045 274868 203295 151193 188405 0 137002 679895 70745179 89587911 0.7525 0.6809 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS, COLUMN A - 203295.0, COLUMN B - 151193.0, COLUMN C - 188405.0, COLUMN D - 0.0, COLUMN E - 137002.0, COLUMN F - 679895.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 45104 45104 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY The Organization hired Sweatman Strategies, LLC to meet with members and staff of the legislative and executive branches of government to educate them and advocate for a South Carolina musical and threatre production tax credit. The Organization paid Sweatman Strategies, LLC $45,104 during the year. 43716302 7718113 259705 51174710 41248458 2698393 230549 43716302 46007697 -4518652 240587 41248458 36992131 9243703 228137 46007697 35572220 1627999 208088 36992131 1.0 0.0 0.0 false false 32559971 32348202 211769 8275487 8221664 53823 13708041 13618884 89157 18906804 18906804 19261553 HEDGE FUNDS 15398425 F 15398425 PEACE CENTER PROPERTIES 23476814 C 23476814 0 X Schedule D, Part V, Line 4 Intended uses of endowment funds The Board of Trustees has designated the endowment to support the mission of the Foundation. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Peace Center received a determination letter dated June 2, 1999, from the Internal Revenue Service ("IRS") qualifying it as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code ("IRC") and, therefore, is exempt from taxes on related income. Properties received a favorable determination letter dated November 22, 2011, from the IRS qualifying it as a tax-exempt organization under the IRC and, therefore, is exempt from taxes on related income. The Peace Center and Properties pay income taxes on unrelated business income. Unrelated business income represents the profit derived from activity that is not substantially related to the exempt purpose of the Peace Center and includes primarily certain activities classified as venue rentals - non-performance on the consolidated statements of activities. The Foundation's policy for accounting for uncertainty in income taxes is to record a liability for any tax position taken that is beneficial to the Foundation, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of August 31, 2024 and 2023, and, accordingly, no liability has been accrued. false Fine Arts Center Partners 102 Pine Knoll Drive Greenville SC 29609 900649486 501(c)(3) 77495 OPERATIONAL SUPPORT United Way of Greenville County 105 Edinburgh Ct Greenville SC 29607 570362066 501(c)(3) 8891 OPERATIONAL SUPPORT SC New Play Festival 101 Ridgecrest Dr Greenville SC 29609 920750879 501(c)(3) 10000 OPERATIONAL SUPPORT 3 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. - The Peace Center worked closely with representatives from the Fine Arts Center throughout the year, and were frequently updated on the results of the Residency program. Also, a summary was sent to the Peace Center at the conclusion of the year detailing the program's successes. - Support for the United Way is a match of employee contributions and is general support to the Organization. - Peace Center management monitored the New Play Festival, and a post-event summary was sent to the VP of Education detailing the event. X X X X X X false true false true false false false false false Megan Riegel President and CEO 447615 0 176000 0 6130 0 13200 0 9089 0 652034 0 0 0 Scott Clark CFO 203602 0 40000 0 0 0 10064 0 19885 0 273551 0 0 0 Brian Ridolfo VP of Programming 175000 0 10000 0 0 0 7680 0 20046 0 212726 0 0 0 Margaret Meadows VP of External Relations 119000 0 15676 0 5646 0 5893 0 13218 0 159433 0 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Megan Riegel. SERP was in effect as of Sep 1 2023, but no amounts accrued until the 2024 calendar year. Schedule J, Part I, Line 5a Compensation contingent on revenues of the organization A component of executive contingent compensation is based on the financial performance of the entity compared to budget. Form 990, Part VI, Line 15 The Compensation Committee to the Board of Trustees determines annual compensation, incentive pay and other matters related to the CEO's employment. The Committee utilizes market based benchmark data in its determinations. The Committee also considers recommendations of the CEO with respect to compensation of other executives of the company. Form 990, Part VI, Line 1a Material differences in voting rights THE BOARD OF TRUSTEES SHALL ELECT FROM AMONG ITS MEMBERS AN EXECUTIVE COMMITTEE, CONSISTING OF NO FEWER THAN THREE AND NO MORE THAN FIFTEEN MEMBERS, WHICH EXECUTIVE COMMITTEE SHALL, TO THE EXTENT PERMITTED BY LAW, HAVE ALL THE POWERS OF THE BOARD OF TRUSTEES BETWEEN MEETINGS OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES SHALL ELECT THE MEMBERS OF THE EXECUTIVE COMMITTEE AT A MEETING OF THE BOARD OF TRUSTEES PRIOR TO THE END OF EACH FISCAL YEAR FOR THE ENSUING FISCAL YEAR, AND MAY AT ANY TIME FILL ANY VACANCY THAT MAY EXIST OR OCCUR ON OR ADD ANY MEMBER TO THE EXECUTIVE COMMITTEE. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is made available to the board members by use of a secured website. A draft copy of the Form is provided for review to each Finance Committee member prior to its filing. The Finance Committee is comprised of board members. Form 990, Part VI, Line 12c Conflict of interest policy Board of Trustees sign and submit a document describing any conflicts of interest. Form 990, Part VI, Line 19 Required documents available to the public THE PEACE CENTER MAINTAINS PRINTED COPIES OF ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNMENT FILINGS. THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICES. Form 990, Part XII, Line 2c Change of oversight process or selection process THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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