Peace Center Foundation: $42.8M Revenue, $29.0M Expenses
Greenville, South Carolina · EIN 570811297 · Filing year 2023
Peace Center Foundation reported $42.8M in total revenue, $29.0M in total expenses, and $117.7M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $918K (2.14% of revenue). NonprofitTruth efficiency grade: C (56/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $42.8M
- Total Expenses
- $29.0M
- Total Assets
- $117.7M
- Reserve Months
- 48.7 months
- Surplus / (Deficit)
- $13.9M
- EIN
- 570811297
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $918K
- Officer Comp % of Revenue
- 2.14%
The composite efficiency score of 56/100 puts Peace Center Foundation at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).
Peace Center Foundation reported $42.8M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Reserves are the limiting factor: Peace Center Foundation carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.
Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Peace Center Foundation reported $42.8M in 2023, up notably from the start of the window. Compensation for current officers and key employees runs $917,543 against $42.8M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. Peace Center Foundation sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How Peace Center Foundation Compares
Peace Center Foundation earns a NonprofitTruth efficiency grade of C (56/100). That is 0 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 2.14% of total revenue. The organization holds 48.7 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Peace Center Foundation reported $42.8M in revenue against $29.0M in total functional expenses for filing year 2023, holding roughly 48.7 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $918K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 2.14% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Peace Center Foundation has a NonprofitTruth Efficiency Score of C (56/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Peace Center Foundation, Donor FAQ
Peace Center Foundation has a NonprofitTruth Efficiency Score of C (56/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Peace Center Foundation reports $918K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 2.14% of the organization's $42.8M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Peace Center Foundation reported $42.8M in annual revenue and $29.0M in total expenses for filing year 2023. The organization holds $117.7M in total assets.
Peace Center Foundation holds approximately 48.7 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.
Peace Center Foundation is a registered 501(c) organization with EIN 570811297, based in Greenville, South Carolina. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.