Vanderbilt Student Communications INC FY2021 filing

Tax-deductible

Nashville, TN501(c)(3)Since 1967EIN 23-7030713

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $46K a year · 6% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
65%
of spending
Fine: 65% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $104K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$74K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 6 voting members
Concern: none of 6 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$900K
+12% vs prior year
Spent
$596K
To programs
65%
Net assets
$4.5M
By yearFY2020–FY2024
Revenue
$900K
FY2021▲ +12%
Revenue by fiscal year
FY2020$807K
FY2021$900K
FY2022$958K
FY2023$599K
FY2024$734K
FY2024$858K
Expenses
$596K
FY2021▼ -50%
Expenses by fiscal year
FY2020$1.2M
FY2021$596K
FY2022$780K
FY2023$856K
FY2024$809K
FY2024$779K
Net assets
$4.5M
FY2021▲ +23%
Net assets by fiscal year
FY2020$3.7M
FY2021$4.5M
FY2022$4.0M
FY2023$4.1M
FY2024$4.4M
FY2024$4.9M

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1969.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $388K Management & general 33% · $196K Fundraising 2% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director of Student Media
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Vanderbilt Student Communications INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps students learn media production and distribution through hands-on experience with campus news, radio, video, and online platforms.

Provided by the organization

This section is blank until Vanderbilt Student Communications INC claims this page.

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1 program service account for $388K of program spending, described in the organization's own filed words · FY2020.
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…

$388Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

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

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$900K
Ln 12
Fees for servicesLn 2g$607K
Investment incomeLn 3$177K
Gifts and grantsLn 1h$117K
Money outPt IX
$596K
Ln 25
Programscol B$388K
Managementcol C$196K
Fundraisingcol D$12K
Owns and owesPt X
$4.5M
net assets · Ln 32
Cash and savingsLn 1–2$379K
Total assetsLn 16$4.6M
LiabilitiesLn 26$74K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$117K
Fees for servicesLn 2g$607K
Investment incomeLn 3$177K
Gains on assetsLn 7$177K
Total revenueLn 12$900K
Assets in detailPt X, end of year
SavingsLn 2$379K
Cash and savings togetherLn 1–2$379K
InvestmentsLn 11–13$4.2M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$4.6M
LiabilitiesLn 26$74K
Net assetsLn 32$4.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6560
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$284K$379K
InvestmentsLn 11–13$3.5M$4.2M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$3.8M$4.6M
LiabilitiesLn 26$107K$74K
Net assetsLn 32$3.7M$4.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$92$92
Other fees for servicesLn 11g$34K$25K$8K$0
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$4K$3K$878
Information technologyLn 14$9K$7K$2K
OccupancyLn 16$16K$16K
Conferences, conventions and meetingsLn 19$1K$1K
Other expenses (24a–d)Ln 24$516K$322K$182K$12K
All other expensesLn 24e$9K$7K$2K$0
Total functional expensesLn 25$596K$388K$196K$12K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $734K$809K−$75K$4.4M 990 PDF
FY2023 $599K$856K−$257K$4.1M 990 PDF
FY2022 $958K$780K$178K$4.0M 990 PDF
FY2021 Viewing $900K$596K$304K$4.5M 990 PDF
FY2020 $807K$1.2M−$381K$3.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $900,190 across 6 lines filed
VIII-1f All other contributions, gifts and grants$116,595
VIII-1h Total contributions, gifts and grants$116,595
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $606,633$606,633
VIII-3 Investment incomeExcluded from tax $42$42
VIII-7 Net gain or loss on sales of assetsExcluded from tax $176,920$176,920
VIII-12 Total revenueRelated to mission $606,633 · Unrelated business $0 · Excluded from tax $176,962$900,190
Part IX · Statement of functional expenses $595,716 across 9 lines filed
IX-11b Legal feesManagement $92$92
IX-11g Other fees for servicesPrograms $25,404 · Management $8,468 · Fundraising $0$33,872
IX-12 Advertising and promotionPrograms $6,803$6,803
IX-13 Office expensesPrograms $2,635 · Management $878$3,513
IX-14 Information technologyPrograms $7,042 · Management $2,347$9,389
IX-16 OccupancyPrograms $16,107$16,107
IX-19 Conferences, conventions and meetingsPrograms $1,000$1,000
IX-24 Other expenses (24a–d)Programs $322,043 · Management $181,752 · Fundraising $11,748$515,543
IX-24e All other expensesPrograms $7,048 · Management $2,349 · Fundraising $0$9,397
IX-25 Total functional expensesPrograms $388,082 · Management $195,886 · Fundraising $11,748$595,716
Part X · Balance sheet $4,610,416 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $284,121$379,065
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $3,512,935$4,231,351
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $3,797,056$4,610,416
X-25 Other liabilitiesStart of year $106,709$74,097
X-26 Total liabilitiesStart of year $106,709$74,097
X-27 Net assets without donor restrictionsStart of year $3,690,347$4,536,319
X-32 Total net assets or fund balancesStart of year $3,690,347$4,536,319
X-33 Total liabilities and net assetsStart of year $3,797,056$4,610,416
Part XI · Reconciliation of net assets $4,536,319 net assets at year end
XI-1 Total revenue$900,190
XI-2 Total expenses$595,716
XI-3 Revenue less expenses$304,474
XI-4 Net assets at start of year$3,690,347
XI-5 Net unrealized gains (losses) on investments$541,498
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,536,319

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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