Vanderbilt Student Communications INC FY2023 filing

Tax-deductible

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

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501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 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
$92K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 7 voting members
Worth a look: 2 of 7 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$599K
-37% vs prior year
Spent
$856K
To programs
72%
Net assets
$4.1M
By yearFY2020–FY2024
Revenue
$599K
FY2023▼ -37%
Revenue by fiscal year
FY2020$807K
FY2021$900K
FY2022$958K
FY2023$599K
FY2024$734K
FY2024$858K
Expenses
$856K
FY2023▲ +10%
Expenses by fiscal year
FY2020$1.2M
FY2021$596K
FY2022$780K
FY2023$856K
FY2024$809K
FY2024$779K
Net assets
$4.1M
FY2023▲ +3%
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 FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 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

72 cents of each dollar spent went to programs.

Program services 72% · $619K Management & general 25% · $215K Fundraising 3% · $22K

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

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Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$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

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1 program · $619K · in their own filed words · FY2022
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…

$619Kprogram expense

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 FY2023 990, line by line.

1The main four
Money inPt VIII
$599K
Ln 12
Fees for servicesLn 2g$643K
Gifts and grantsLn 1h$127K
Investment incomeLn 3$30
Money outPt IX
$856K
Ln 25
Programscol B$619K
Managementcol C$215K
Fundraisingcol D$22K
Owns and owesPt X
$4.1M
net assets · Ln 32
Cash and savingsLn 1–2$267K
Total assetsLn 16$4.2M
LiabilitiesLn 26$92K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$127K
Fees for servicesLn 2g$643K
Investment incomeLn 3$30
Gains on assetsLn 7−$171K
Total revenueLn 12$599K
Assets in detailPt X, end of year
SavingsLn 2$267K
Cash and savings togetherLn 1–2$267K
InvestmentsLn 11–13$3.9M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$4.2M
LiabilitiesLn 26$92K
Net assetsLn 32$4.1M
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 FY23End FY23
Cash and savingsLn 1–2$350K$267K
InvestmentsLn 11–13$3.7M$3.9M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$4.1M$4.2M
LiabilitiesLn 26$89K$92K
Net assetsLn 32$4.0M$4.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$23K$23K
Other fees for servicesLn 11g$41K$31K$10K$0
Advertising and promotionLn 12$10K$10K
Office expensesLn 13$21K$16K$5K
Information technologyLn 14$13K$10K$3K
OccupancyLn 16$106K$106K
TravelLn 17$28K$28K
Conferences, conventions and meetingsLn 19$3K$3K
Other expenses (24a–d)Ln 24$557K$353K$182K$22K
All other expensesLn 24e$55K$41K$14K$0
Total functional expensesLn 25$856K$619K$215K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $734K$809K−$75K$4.4M 990 PDF
FY2023 Viewing $599K$856K−$257K$4.1M 990 PDF
FY2022 $958K$780K$178K$4.0M 990 PDF
FY2021 $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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $599,475 across 6 lines filed
VIII-1f All other contributions, gifts and grants$126,885
VIII-1h Total contributions, gifts and grants$126,885
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $643,090$643,090
VIII-3 Investment incomeExcluded from tax $30$30
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$170,530−$170,530
VIII-12 Total revenueRelated to mission $643,090 · Unrelated business $0 · Excluded from tax −$170,500$599,475
Part IX · Statement of functional expenses $856,004 across 10 lines filed
IX-2 Grants to domestic individualsPrograms $23,000$23,000
IX-11g Other fees for servicesPrograms $30,667 · Management $10,222 · Fundraising $0$40,889
IX-12 Advertising and promotionPrograms $9,675$9,675
IX-13 Office expensesPrograms $15,817 · Management $5,272$21,089
IX-14 Information technologyPrograms $9,781 · Management $3,260$13,041
IX-16 OccupancyPrograms $105,999$105,999
IX-17 TravelPrograms $27,539$27,539
IX-19 Conferences, conventions and meetingsPrograms $2,700$2,700
IX-24 Other expenses (24a–d)Programs $352,551 · Management $182,276 · Fundraising $22,166$556,993
IX-24e All other expensesPrograms $41,309 · Management $13,770 · Fundraising $0$55,079
IX-25 Total functional expensesPrograms $619,038 · Management $214,800 · Fundraising $22,166$856,004
Part X · Balance sheet $4,159,516 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $349,742$266,690
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $3,703,456$3,892,826
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $4,053,198$4,159,516
X-25 Other liabilitiesStart of year $89,249$92,195
X-26 Total liabilitiesStart of year $89,249$92,195
X-27 Net assets without donor restrictionsStart of year $3,963,949$4,067,321
X-32 Total net assets or fund balancesStart of year $3,963,949$4,067,321
X-33 Total liabilities and net assetsStart of year $4,053,198$4,159,516
Part XI · Reconciliation of net assets $4,067,321 net assets at year end
XI-1 Total revenue$599,475
XI-2 Total expenses$856,004
XI-3 Revenue less expenses−$256,529
XI-4 Net assets at start of year$3,963,949
XI-5 Net unrealized gains (losses) on investments$359,901
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,067,321

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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