Vanderbilt Student Communications INC FY2024 filing

Tax-deductible

Nashville, TN501(c)(3)Since 1967EIN 23-7030713Revenue $734K in FY2024

On file with the IRSvandymedia.org2301 Vanderbilt Pl Vu Sta B 351669, 37235-1669 · Nashville, TNTax-exempt since Jul 1969Supporting organization — 509(a)(3)

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501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 5.1 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
$202K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 7 voting members
Worth a look: 1 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
$734K
+22% vs prior year
Spent
$809K
To programs
71%
Net assets
$4.4M
By yearFY2020–FY2024
Revenue
$734K
FY2024▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$807K
FY2021$900K
FY2022$958K
FY2023$599K
FY2024$734K
FY2024$858K
Expenses
$809K
FY2024▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$596K
FY2022$780K
FY2023$856K
FY2024$809K
FY2024$779K
Net assets
$4.4M
FY2024▲ +8%
Tap a bar for its year
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 FY2024 Form 990 (year ending June 2024) · see the original

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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

71 cents of each dollar spent went to programs.

Program services 71% · $574K Management & general 27% · $221K Fundraising 2% · $14K

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

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$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.

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Provided by the organization

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1 program · $574K · in their own filed words · FY2023
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…

$574Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$734K
Ln 12
Fees for servicesLn 2g$660K
Gifts and grantsLn 1h$112K
Investment incomeLn 3$5K
Money outPt IX
$809K
Ln 25
Programscol B$574K
Managementcol C$221K
Fundraisingcol D$14K
Owns and owesPt X
$4.4M
net assets · Ln 32
Cash and savingsLn 1–2$344K
Total assetsLn 16$4.6M
LiabilitiesLn 26$202K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$112K
Fees for servicesLn 2g$660K
Investment incomeLn 3$5K
Gains on assetsLn 7−$43K
Total revenueLn 12$734K
Assets in detailPt X, end of year
SavingsLn 2$344K
Cash and savings togetherLn 1–2$344K
InvestmentsLn 11–13$4.2M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$4.6M
LiabilitiesLn 26$202K
Net assetsLn 32$4.4M
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 FY24End FY24
Cash and savingsLn 1–2$267K$344K
InvestmentsLn 11–13$3.9M$4.2M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$4.2M$4.6M
LiabilitiesLn 26$92K$202K
Net assetsLn 32$4.1M$4.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$33K$33K
Legal feesLn 11b$6K$6K
Other fees for servicesLn 11g$30K$22K$7K$0
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$23K$18K$6K
Information technologyLn 14$39K$29K$10K
OccupancyLn 16$64K$64K
TravelLn 17$19K$19K
Conferences, conventions and meetingsLn 19$200$200
Other expenses (24a–d)Ln 24$583K$378K$190K$14K
All other expensesLn 24e$7K$5K$2K$0
Total functional expensesLn 25$809K$574K$221K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $734K$809K−$75K$4.4M 990 PDF
FY2023 $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 FY2024 990 (6 parts)
Part I · Summary $734,245 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $126,885$111,885
I-9 Program service revenuePrior year $643,090$660,180
I-10 Investment incomePrior year −$170,500−$37,820
I-11 Other revenue$0
I-12 Total revenuePrior year $599,475$734,245
I-13 Grants and similar amounts paidPrior year $23,000$33,000
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $833,004$776,089
I-18 Total expensesPrior year $856,004$809,089
I-19 Revenue less expensesPrior year −$256,529−$74,844
Part VI · Governance 1 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members1
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $734,245 across 6 lines filed
VIII-1f All other contributions, gifts and grants$111,885
VIII-1h Total contributions, gifts and grants$111,885
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $660,180$660,180
VIII-3 Investment incomeExcluded from tax $4,701$4,701
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$42,521−$42,521
VIII-12 Total revenueRelated to mission $660,180 · Unrelated business $0 · Excluded from tax −$37,820$734,245
Part IX · Statement of functional expenses $809,089 across 11 lines filed
IX-2 Grants to domestic individualsPrograms $33,000$33,000
IX-11b Legal feesManagement $5,665$5,665
IX-11g Other fees for servicesPrograms $22,433 · Management $7,478 · Fundraising $0$29,911
IX-12 Advertising and promotionPrograms $5,446$5,446
IX-13 Office expensesPrograms $17,539 · Management $5,846$23,385
IX-14 Information technologyPrograms $29,344 · Management $9,781$39,125
IX-16 OccupancyPrograms $63,701$63,701
IX-17 TravelPrograms $18,781$18,781
IX-19 Conferences, conventions and meetingsPrograms $200$200
IX-24 Other expenses (24a–d)Programs $378,421 · Management $190,324 · Fundraising $14,027$582,772
IX-24e All other expensesPrograms $5,327 · Management $1,776 · Fundraising $0$7,103
IX-25 Total functional expensesPrograms $574,192 · Management $220,870 · Fundraising $14,027$809,089
Part X · Balance sheet $4,590,067 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $266,690$343,942
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $3,892,826$4,246,125
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $4,159,516$4,590,067
X-25 Other liabilitiesStart of year $92,195$201,771
X-26 Total liabilitiesStart of year $92,195$201,771
X-27 Net assets without donor restrictionsStart of year $4,067,321$4,388,296
X-32 Total net assets or fund balancesStart of year $4,067,321$4,388,296
X-33 Total liabilities and net assetsStart of year $4,159,516$4,590,067
Part XI · Reconciliation of net assets $4,388,296 net assets at year end
XI-1 Total revenue$734,245
XI-2 Total expenses$809,089
XI-3 Revenue less expenses−$74,844
XI-4 Net assets at start of year$4,067,321
XI-5 Net unrealized gains (losses) on investments$395,820
XI-8 Prior period adjustments−$1
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,388,296

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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