South Carolina High School League in Columbia, South Carolina (SC)

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South Carolina High School League
Employer Identification Number (EIN)570248710
Name of OrganizationSouth Carolina High School League
AddressPO BOX 211575, Columbia, SC 29221-6575
ActivitiesTraining in sports, Other school related activities, Other sports or athletic activities
SubsectionEducational Organization
Ruling Date04/1950
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,591,320
Amount of Income$1,585,563
Form 990 Revenue Amount$1,343,530

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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$1,343,530
Contributions, Gifts, Grants and Other Similar Amounts$292,786
Program Service Revenue$953,602
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$58,106
Income from investment of tax-exempt bond proceeds$0
Net rental income$32,000
Gross rents (Real / Personal)$32,000 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$32,000 / $0
Net gain from sales of assets other than inventory$7,036
Gross amount from sales of assets other than inventory (Securities / Other)$249,069 / $0
Less: cost or other basis and sales expenses (Securities / Other)$242,033 / $0
Gain or (loss) (Securities / Other)$7,036 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$1,223,308
Compensation of current officers, directors, trustees, and key employees$455,388
Other salaries and wages$182,910
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2012)
Total assets$2,591,320
Total liabilities$0
Total net assets or fund balances$2,591,320
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$6,048,051
Gifts, grants, contributions, and membership fees received$464,782
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$4,233,570
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$457,553
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