Mission
TO LEAD THE ADVANCEMENT AND GROWTH OF LIFE SCIENCE, BIOTECHNOLOGY AND DIGITAL HEALTH INNOVATION RESULTING IN CORPORATE SUCCESS AND ECONOMIC DEVELOPMENT FOR SOUTH CAROLINA AND THE SOUTHEAST REGION.
Public Charity
PALMETTO INNOVASPHERE INC
PALMETTO INNOVASPHERE INC is a Public Charity headquartered in SPARTANBURG, SC. Financial data from the 2025 filing: $384K revenue, $187K expenses, $216K total assets. 2 publicly reported grants to this organization, totaling roughly $75K, appear in IRS filings.
EIN: 992169596
SPARTANBURG, SC
Professional Societies & Associations
NTEE: U03
Latest filing: 2025
Total Revenue$384K
Total Expenses$187K
Total Assets$216K
Grant Records2
Funding Total$75K
Filing Years2024–2025
Where $100 goes at Palmetto Innovasphere Inc
How Palmetto Innovasphere Inc divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.
$80
Programs
the work itself
$10
Management
running the organization
$10
Fundraising
raising the next dollar
Inside the $80 for programs
$80
Champions of life science start-ups and scale-ups that nutures each company towards commercialization
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
General Support
$50,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
DIRECTOR
Allen Smith
DIRECTOR
Bob Hughes
DIRECTOR
Bruce Holstien
CEO
Cecilia Zapata-Harms
DIRECTOR
Eugene Luskin
COO
Lillia Holmes
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $384K | $187K | $216K |
| 2024 | $335K | $325K | $15K |
Between 2024 and 2025, reported annual revenue grew from $335K to $384K (+15%), with total assets most recently reported at $216K.
Interactive year-over-year charts and full filing details available with membership.