West Virginia · Nonprofit
CHARLESTON REGATTA INC
CHARLESTON REGATTA INC (West Virginia) receives grants from 6 organizations whose IRS filings report $203,000 to it, the largest being THE GREATER KANAWHA VALLEY FOUNDATION ($75,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $1.6M
- Funders on record
- 6
- Grants received
- $203k
- Net assets
- $556k
What Charleston Regatta Inc does
Mission
Host the annual charleston sternwheel regatta
As stated on its FY2024 Form 990.
Program
Annual festival held in charleston, wv that celebrates the history of sternwheel river boats in the region. The event, which reemerged in the summer of 2022 as the premier summer event in the area, not only spurs economic growth in the region but also brings the greater charleston community and surrounding region together for a mutli-day event.
$1,310,689 spent$904,095 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,310,689.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $370k to $610k (+65%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 49% · 2023 21% · 2024 25%. Grants only. Government contracts and fees sit inside program revenue.
44% of CHARLESTON REGATTA INC’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2022 → 2023: the base held at 3 funders, grant income fell $58k → $45k.
2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CHARLESTON REGATTA INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CHARLESTON REGATTA INC leans on a few funders — its largest provides 37% of grant income and the top three 76%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
73% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CHARLESTON REGATTA INC.
Largest funder’s share by year: 2022 43% · 2023 56% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
76% of CHARLESTON REGATTA INC's grant income comes from West Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $85k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CHARLESTON REGATTA INC runs a healthier operating margin than half of the 2,728 recreation & sports nonprofits its size.
this organization peer median middle 50% of peers· 2,728 recreation & sports nonprofits $1M–$10M, FY2024
Organizations like CHARLESTON REGATTA INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In West Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for CHARLESTON REGATTA INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CHARLESTON REGATTA INC?
- CHARLESTON REGATTA INC (West Virginia) receives grants from 6 organizations whose IRS filings report $203,000 to it, the largest being THE GREATER KANAWHA VALLEY FOUNDATION ($75,000). 3 of them have funded it in more than one year.
- How many funders does CHARLESTON REGATTA INC have?
- IRS filings report 6 organizations giving $203,000 in grants to CHARLESTON REGATTA INC, 3 of which have funded it in more than one year.
- Who is the largest funder of CHARLESTON REGATTA INC?
- THE GREATER KANAWHA VALLEY FOUNDATION is the largest funder on record, with $75,000 in grants. The full list of funders is on this page.
- How can an organization like CHARLESTON REGATTA INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in West Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Charleston Regatta →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing