Vanderbilt Student Communications INC EIN 23-7030713

Vanderbilt Student Communications INC

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Helps students learn media production and distribution through hands-on experience with campus news, radio, video, and online platforms. For fiscal year 2024 it reported $858K in revenue, $779K in expenses, and $4.9M in net assets.Pt I

Founded
1967
Type
Supporting organization · Nonprofit
Location
Nashville, TN
Website
www.vandymedia.org
Filings
5 on file (2020–2024)
Revenue
$858KFY2024
Expenses
$779K
Net assets
$4.9M
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7030713 Supporting organization Nashville, TN Founded 1967
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps students learn media production and distribution through hands-on experience with campus news, radio, video, and online platforms.
Leadership
Elisabeth Sandberg · Board Chair
Money in and out
$858K revenue, $779K expenses
Bottom line
+9% net inflow
Money in and out · FY2024
Total revenue
$858K
Pt VIII · Ln 12
Total expenses
$779K
Pt IX · Ln 25
Net assets
$4.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $79K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.26 Fundraising $0.02
Net inflow
+9%
revenue over expenses, this year▲ +190% vs prior filing year
Pass-through gifts
24%
of revenue from contributions▲ +61% vs prior filing year
Program spending
72%
of expenses reach stated programs▲ +2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$858K
FY2024▲ +17%
Expenses
$779K
FY2024▼ -4%
Total assets
$5.2M
FY2024▲ +12%
Total liabilities
$239K
FY2024▲ +18%
Total revenue
$858K
Pt VIII · Ln 12
Total expenses
$779K
Pt IX · Ln 25
Net assets
$4.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$79K
Total assetsPt X · Ln 16$5.2M
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $561K of program spending, described in the organization's own filed words · FY2024.
01

Education

Vanderbilt Student Communications, Inc. offers students opportunities to learn and practice all facets of media content production and distribution via 16 internal organizations including a newspaper, radio stations, video production facility, music recording studio, yearbook, various online media as well as regularly structured…

$561Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CVanderbilt Student Communications INC
EINHdr · item D23-7030713
Principal addressHdr · item CNashville, TN
WebsiteHdr · item Jwww.vandymedia.org
Year of formationHdr · item L1967
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1969

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$626K · 73%
Contributions & grants$210K · 24%
Investment income$22K · 3%
Program service revenue73%$626K
Contributions & grants24%$210K
Investment income3%$22K
Total revenueLn 12$858K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.26 Fundraising $0.02
Program services72%$561K
Management & general26%$203K
Fundraising2%$14K
Total functional expensesLn 25$779K

Balance Sheet

Part X · end of year
CashLn 1$446K
Total assetsLn 16$5.2M
Total liabilitiesLn 26$239K
Total net assetsLn 32$4.9M
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.2M · Operating expenses/yr $779K
79.5 months
Where the money goes
Program services
Program services $561K · Total expenses $779K
72%
Management & General
Management & general $203K · Total expenses $779K
26%
Fundraising
Fundraising $14K · Total expenses $779K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $17K · Solicited contributions (3-yr avg) $150K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $210K · Total revenue $858K
24%
Government reliance
Government grants — · Total revenue $858K
Earned-income share
Program service revenue $626K · Total revenue $858K
73%
Investment reliance
Investment income $22K · Total revenue $858K
+3%
Program self-sufficiency
Program service revenue $626K · Total expenses $779K
80%
Growth & trend
Revenue growth (YoY)
This year $858K · Prior year $734K
+17%
Revenue CAGR
FY2019 $807K · FY2024 $858K
+1%
Net-asset trend (YoY)
End of year $4.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $858K · Expenses $779K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $5.2M
Net-asset ratio
Net assets $4.9M · Total assets $5.2M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4.7M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.2M
91%
People & payroll
Highest Reported Total Compensation
Individual Elisabeth Sandberg · Reported title Board Chair · Highest reported compensation $0 · Total expenses $779K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $779K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 26%
Fundraising cost ratio 7%
Revenue growth 17%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$104K
Grants paid · 6 grants · $116K · 2021–2024
Unitemized GrantFY2024$30,000
Unitemized GrantFY2023$30,000
Unitemized GrantFY2023$3,000
Unitemized GrantFY2022$20,000
Unitemized GrantFY2022$3,000
Unitemized GrantFY2021$30,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$734K revenue · ⤓ 990 PDF
FY2023$599K revenue · ⤓ 990 PDF
FY2022$958K revenue · ⤓ 990 PDF
FY2021$900K revenue · ⤓ 990 PDF
FY2020$807K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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