Overview

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Est.

1977

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

SPOLETO FESTIVAL USA INC is a nonprofit organization that hosts a renowned 17-day performing arts festival each spring in Charleston, SC, showcasing a diverse range of dance, opera, music, and theater from artists around the globe. With an operating budget of $11.1 million and total revenue of $11.2 million for the 2024 filing year, the festival relies on significant support from major funders, including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, DONOR ADVISED CHARITABLE GIVING INC, and NATIONAL PHILANTHROPIC TRUST. The organization does not depend on any single funder for 50% or more of its revenue.

Mission Statement

SPOLETO RUNS A 17-DAY, INTERNATIONALLY ACCLAIMED, PERFORMING ARTS FESTIVAL EACH SPRING IN CHARLESTON, SC. ARTISTS FROM AROUND THE WORLD PRESENT A BROAD ARRAY OF DANCE, OPERA, MUSIC, AND THEATER IN MULTIPLE VENUES THROUGHOUT THE CITY.
Revenues
$11.2M
Expenses
$11.1M
Net Income:
+$74.8K
Assets
$20.5M
Liabilities
$2.5M
Net Assets:
+$18.1M
Operating Budget
$11.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
31
Median grant size
$10K
Largest grant received
$396.5K
M
MS Martha Rhodes McLendon
Board Member
M
MR Steven D Balzer
Board Member
M
MS Rhonda Muir
Board Member

Frequently Asked Questions

What is SPOLETO FESTIVAL USA INC’s budget?
In 2024, SPOLETO FESTIVAL USA INC reported an annual operating budget of around $11.1 million. More detailed financial information is available to registered users.
What causes does SPOLETO FESTIVAL USA INC support?
SPOLETO FESTIVAL USA INC supports work in Architecture, Performing arts, Arts education, and Arts and culture.
Where does SPOLETO FESTIVAL USA INC operate?
SPOLETO FESTIVAL USA INC is headquartered in Charleston, SC.
Who funded SPOLETO FESTIVAL USA INC recently?
In 2025, SPOLETO FESTIVAL USA INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, FRANCENA T HARRISON FOUNDATION TRUST, and FRANCENA T HARRISON FOUNDATION TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant SPOLETO FESTIVAL USA INC received in 2024?
The largest grant to SPOLETO FESTIVAL USA INC in 2024 exceeds $396 thousand.
What is SPOLETO FESTIVAL USA INC’s reliance on government grants?
SPOLETO FESTIVAL USA INC relied on government grants for more than 5% of their total revenue in 2024.