SAVANNAH COLLEGE OF ART AND DESIGN INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SAVANNAH COLLEGE OF ART AND DESIGN INC (EIN 58-1357177)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-13
- IRS object ID
- 202631339349305483
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-13T13:34:23+00:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 580692043 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mauldin & Jenkins LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 Galleria Parkway Suite 1700 | AddressLine1Txt |
| City | Atlanta | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30339 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581357177 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Savannah College of Art and DesignInc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAVA | BusinessNameControlTxt |
| Phone | 9125255000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 3146 | AddressLine1Txt |
| City | Savannah | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31402 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Paula Wallace | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 9125255000 | PhoneNum |
| Signature | 2026-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Mary Jo Alexander | PreparerPersonNm |
| PTIN | P00002534 | PTIN |
| Phone | 7709558600 | PhoneNum |
| Preparation | 2026-05-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paula Wallace | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 3146 | AddressLine1Txt |
| City | Savannah | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,600,226,635 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.SCAD.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1978 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | See Schedule O for complete description. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 4282 | TotalEmployeeCnt |
| Total Volunteers | 4030 | TotalVolunteersCnt |
| Total Gross UBI | $1,611,041 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $2,957,355 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,618,458 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,505,066 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $798,387,509 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $861,521,432 | CYProgramServiceRevenueAmt |
| PY Investment Income | $76,562,664 | PYInvestmentIncomeAmt |
| CY Investment Income | $82,297,690 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,965,696 | PYOtherRevenueAmt |
| CY Other Revenue | $4,503,479 | CYOtherRevenueAmt |
| PY Total Revenue | $882,534,327 | PYTotalRevenueAmt |
| CY Total Revenue | $952,827,667 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $165,444,843 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $181,449,327 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $219,336,900 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $238,258,283 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $753,467 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $243,558,514 | PYOtherExpensesAmt |
| CY Other Expenses | $279,665,717 | CYOtherExpensesAmt |
| PY Total Expenses | $628,340,257 | PYTotalExpensesAmt |
| CY Total Expenses | $699,373,327 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $254,194,070 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $253,454,340 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,088,314,309 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,341,537,974 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $282,686,280 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $282,614,568 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,805,628,029 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,058,923,406 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SCAD PREPARES TALENTED STUDENTS FOR CREATIVE PROFESSIONS THROUGH ENGAGED TEACHING AND LEARNING IN A POSITIVELY ORIENTED UNIVERSITY ENVIRONMENT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $276,139,352 | ExpenseAmt |
| Grant | $406,999 | GrantAmt |
| Revenue | $718,475,713 | RevenueAmt |
| Desc | INSTRUCTIONAL EXPENDITURES -- THESE EXPENDITURES RELATE TO PROVIDING EDUCATION SERVICES TO MORE THAN 18,000 STUDENTS SEEKING UNDERGRADUATE AND GRADUATE DEGREES. THE UNIVERSITY OFFERS THE BACHELOR OF ARTS, BACHELOR OF FINE ARTS, MASTER OF FINE ARTS, MASTER OF ARTS, MASTER OF ARCHITECTURE, AND MASTER OF URBAN DESIGN DEGREES. THE UNIVERSITY IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES & SCHOOLS COMMISSION ON COLLEGES AND THE MASTER OF ARCHITECTURE DEGREE PROGRAM IS ADDITIONALLY ACCREDITED BY THE NATIONAL ARCHITECTURAL ACCREDITING BOARD. THE UNDERGRADUATE INTERIOR DESIGN PROGRAM IS ADDITIONALLY ACCREDITED DOMESTICALLY BY THE COUNCIL FOR INTERIOR DESIGN ACCREDITATION. APPROXIMATELY 4,200 STUDENTS GRADUATED AND WERE AWARDED DEGREES DURING THE REPORTING PERIOD. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $212,575,683 | ExpenseAmt |
| Grant | $181,042,328 | GrantAmt |
| Desc | STUDENT AID -- THE UNIVERSITY PROVIDES SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE DIRECTLY FROM THE INSTITUTION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $104,672,091 | ExpenseAmt |
| Revenue | $143,045,719 | RevenueAmt |
| Desc | CAMPUS SERVICES, STUDENT HOUSING, FOOD SERVICE EXPENDITURES -- THESE EXPENDITURES REPRESENT THE COST OF SERVICES NECESSARY TO SUPPORT THE MISSION OF THE UNIVERSITY, INCLUDING STUDENT HOUSING, DINING SERVICES AND OTHER AUXILIARY SERVICES. THE SERVICES ARE AVAILABLE TO ALL STUDENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $593,387,126 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 1054 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4282 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | FR | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brenton Marona | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9125255000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3146 | AddressLine1Txt |
| City | Savannah | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 314023146 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Alan B Whitaker III | ||||||||||
| Trustee | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Anita Thomas | ||||||||||
| Trustee | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| John G Kennedy III | ||||||||||
| Trustee | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Lucy Cookson | ||||||||||
| Trustee | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Michael Bishop JD | ||||||||||
| Trustee | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Michael Metzner MD | ||||||||||
| Chairman of the Board | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Sally Waranch Rajcic | ||||||||||
| Trustee | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Stuart Saunders | ||||||||||
| Trustee | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Veronica Biggins | ||||||||||
| Trustee | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Carmen Stowers | ||||||||||
| Secretary | 50.0 | 1.0 | $191,329 | $0 | $29,917 | Yes (X) | ||||
| Jason Fox | ||||||||||
| Chief Academic Officer | 50.0 | 0 | $728,114 | $0 | $22,243 | Yes (X) | ||||
| Jeffery Josiah Waller | ||||||||||
| CFO | 50.0 | 1.0 | $999,577 | $0 | $42,502 | Yes (X) | ||||
| Paula S Wallace | ||||||||||
| President | 60.0 | 1.0 | $5,693,816 | $0 | $42,189 | Yes (X) | ||||
| Hannah Flower | ||||||||||
| VP of SCAD Atlanta / General Counsel | 50.0 | 0 | $708,006 | $0 | $42,343 | Yes (X) | ||||
| Lesley Camille Hanak | ||||||||||
| Chief Human Resources Officer | 50.0 | 0 | $771,832 | $0 | $42,409 | Yes (X) | ||||
| Bradford Grant | ||||||||||
| SR. VP for IT | 50.0 | 0 | $596,411 | $0 | $41,377 | Yes (X) | ||||
| Gokhan Ozaysin | ||||||||||
| Sr. VP Academic Quality | 50.0 | 0 | $475,577 | $0 | $42,698 | Yes (X) | ||||
| John Paul Rowan | ||||||||||
| Chief Marketing Officer | 50.0 | 0 | $627,441 | $0 | $41,671 | Yes (X) | ||||
| Kari L Herrin | ||||||||||
| SR. VP Brand Experience | 50.0 | 0 | $458,647 | $0 | $37,585 | Yes (X) | ||||
| Steve Mineo | ||||||||||
| Sr. VP Admission | 50.0 | 0 | $431,807 | $0 | $28,827 | Yes (X) | ||||
| Glenn E Wallace Jr | ||||||||||
| Former Chief Operating Officer | 50.0 | 0 | $243,729 | $0 | $7,962 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $11,926,286 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $421,723 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 302 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Choate Construction Company | |||||
| 8200 Roberts Dr Suite 600 | Atlanta | GA | 30350 | General Contractor | $55,442,403 |
| Bon Appetit Management Company | |||||
| PO Box 50196 | Los Angeles | CA | 90074 | Food services | $36,248,688 |
| West construction Company LLC | |||||
| 1020 Drayton Street Suite 100 | Savannah | GA | 31401 | General Contractor | $15,357,596 |
| First Transit Inc | |||||
| 22192 Network Place | Chicago | IL | 60673 | Transportation Services | $15,268,319 |
| The Kicklighter Company | |||||
| 1712 Frost Dr | Savannah | GA | 31404 | General Contractor | $14,409,609 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 270 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $4,505,066 | AllOtherContributionsAmt |
| Noncash Contributions | $2,293,781 | NoncashContributionsAmt |
| Total Contributions | $4,505,066 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and Fees | 611310 | $702,889,964 | $702,889,964 |
| Housing & Food Service | 721310 | $143,045,719 | $143,045,719 |
| Other Student Revenue | 611310 | $6,063,731 | $6,063,731 |
| Other Fees and Revenue | 611310 | $8,185,812 | $8,185,812 |
| Conferences and Community Ed | 611310 | $1,143,710 | $1,143,710 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $192,496 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $192,496 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $861,521,432 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,589,630 | TotalRevenueColumnAmt |
| Exclusion | $34,589,630 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $189 | TotalRevenueColumnAmt |
| Exclusion | $189 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $548,780 | RealAmt |
| Personal | $27,790 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $548,780 | RealAmt |
| Personal | $27,790 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $576,570 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $42,625 | UnrelatedBusinessRevenueAmt |
| Exclusion | $533,945 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $693,911,000 | SecuritiesAmt |
| Other | $15,438 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $646,014,995 | SecuritiesAmt |
| Other | $203,572 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $47,896,005 | SecuritiesAmt |
| Other | -$188,134 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,707,871 | TotalRevenueColumnAmt |
| Exclusion | $47,707,871 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $2,726,525 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $1,180,401 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,546,124 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,546,124 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Other Revenue | 711110 | $1,273,689 | $22,292 | $1,251,397 |
| Trustees Theater | 711110 | $1,107,096 | $1,107,096 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,380,785 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $952,827,667 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $861,521,432 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,611,041 | UnrelatedBusinessRevenueAmt |
| Exclusion | $85,190,128 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $406,999 | TotalAmt |
| Program Services | $406,999 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,514,105 | TotalAmt |
| Program Services | $177,514,105 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,528,223 | TotalAmt |
| Program Services | $3,528,223 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,122,201 | TotalAmt |
| Program Services | $1,459,552 | ProgramServicesAmt |
| Management And General | $7,662,649 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,516 | TotalAmt |
| Program Services | $185,516 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $184,650,029 | TotalAmt |
| Program Services | $155,030,375 | ProgramServicesAmt |
| Management And General | $29,146,378 | ManagementAndGeneralAmt |
| Fundraising | $473,276 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,702,268 | TotalAmt |
| Program Services | $24,800,718 | ProgramServicesAmt |
| Management And General | $5,826,633 | ManagementAndGeneralAmt |
| Fundraising | $74,917 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,598,269 | TotalAmt |
| Program Services | $10,984,428 | ProgramServicesAmt |
| Management And General | $2,580,660 | ManagementAndGeneralAmt |
| Fundraising | $33,181 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,222,765 | TotalAmt |
| Management And General | $2,222,765 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $287,356 | TotalAmt |
| Management And General | $287,356 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,936,313 | TotalAmt |
| Program Services | $58,950,506 | ProgramServicesAmt |
| Management And General | $10,925,495 | ManagementAndGeneralAmt |
| Fundraising | $60,312 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,821,067 | TotalAmt |
| Program Services | $153,925 | ProgramServicesAmt |
| Management And General | $2,667,142 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,050,902 | TotalAmt |
| Program Services | $12,283,430 | ProgramServicesAmt |
| Management And General | $9,729,067 | ManagementAndGeneralAmt |
| Fundraising | $38,405 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,621,015 | TotalAmt |
| Program Services | $19,036,445 | ProgramServicesAmt |
| Management And General | $1,583,314 | ManagementAndGeneralAmt |
| Fundraising | $1,256 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,495,184 | TotalAmt |
| Program Services | $13,071,039 | ProgramServicesAmt |
| Management And General | $3,390,298 | ManagementAndGeneralAmt |
| Fundraising | $33,847 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $858,919 | TotalAmt |
| Program Services | $705,558 | ProgramServicesAmt |
| Management And General | $153,361 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,685,529 | TotalAmt |
| Program Services | $37,456 | ProgramServicesAmt |
| Management And General | $4,648,073 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,776,061 | TotalAmt |
| Program Services | $60,366,023 | ProgramServicesAmt |
| Management And General | $7,410,038 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,208,649 | TotalAmt |
| Program Services | $175,038 | ProgramServicesAmt |
| Management And General | $7,033,611 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Student Meal Plan | $35,399,492 | $35,399,492 | ||
| Equip rental and storage | $3,619,866 | $1,549,490 | $2,070,253 | $123 |
| Student Activities | $7,241,497 | $7,044,451 | $175,858 | $21,188 |
| Meals and Refreshments | $4,322,638 | $3,552,118 | $762,017 | $8,503 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,118,464 | TotalAmt |
| Program Services | $7,152,239 | ProgramServicesAmt |
| Management And General | $6,957,766 | ManagementAndGeneralAmt |
| Fundraising | $8,459 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $699,373,327 | TotalAmt |
| Program Services | $593,387,126 | ProgramServicesAmt |
| Management And General | $105,232,734 | ManagementAndGeneralAmt |
| Fundraising | $753,467 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,073,742 | BOYAmt |
| EOY | $12,784,146 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,912,265 | BOYAmt |
| EOY | $138,429,125 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,817,835 | BOYAmt |
| EOY | $1,266,325 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,080,451 | BOYAmt |
| EOY | $12,337,193 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,975,226 | BOYAmt |
| EOY | $6,194,367 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,864,555 | BOYAmt |
| EOY | $2,244,297 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,256,729 | BOYAmt |
| EOY | $11,546,877 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,727,102,482 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $553,003,323 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,126,053,833 | BOYAmt |
| EOY | $1,174,099,159 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $632,559,331 | BOYAmt |
| EOY | $872,313,772 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $296,527 | BOYAmt |
| EOY | $296,527 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,623,801 | BOYAmt |
| EOY | $54,443,337 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,800,014 | BOYAmt |
| EOY | $55,582,849 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,088,314,309 | BOYAmt |
| EOY | $2,341,537,974 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,619,817 | BOYAmt |
| EOY | $63,442,307 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,081 | BOYAmt |
| EOY | $85,081 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,001,325 | BOYAmt |
| EOY | $37,739,603 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,120,343 | BOYAmt |
| EOY | $166,610,091 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,531,616 | BOYAmt |
| EOY | $11,149,821 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,328,098 | BOYAmt |
| EOY | $3,587,665 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $282,686,280 | BOYAmt |
| EOY | $282,614,568 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,775,318,565 | BOYAmt |
| EOY | $2,027,972,013 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,309,464 | BOYAmt |
| EOY | $30,951,393 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,805,628,029 | BOYAmt |
| EOY | $2,058,923,406 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,088,314,309 | BOYAmt |
| EOY | $2,341,537,974 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $253,454,340 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$158,963 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $181,500 | RevenuesIncludedAmt |
| Assets Included | $52,732,849 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | Yes (true) | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $412,028,532 | BeginningYearBalanceAmt |
| Contributions | $30,641,930 | ContributionsAmt |
| Investment Earnings Or Losses | $60,180,607 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $502,851,069 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $326,684,064 | BeginningYearBalanceAmt |
| Contributions | $27,894,237 | ContributionsAmt |
| Investment Earnings Or Losses | $57,450,231 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $412,028,532 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $255,300,336 | BeginningYearBalanceAmt |
| Contributions | $33,357,251 | ContributionsAmt |
| Investment Earnings Or Losses | $38,026,477 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $326,684,064 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $258,231,565 | BeginningYearBalanceAmt |
| Contributions | $31,549,385 | ContributionsAmt |
| Investment Earnings Or Losses | -$34,480,614 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $255,300,336 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $173,468,572 | BeginningYearBalanceAmt |
| Contributions | $39,494,039 | ContributionsAmt |
| Investment Earnings Or Losses | $45,268,954 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $258,231,565 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.925 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.048 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.027 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,096,409 | OtherCostOrOtherBasisAmt |
| Book Value | $13,096,409 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,163,251,485 | OtherCostOrOtherBasisAmt |
| Depreciation | $370,084,757 | DepreciationAmt |
| Book Value | $793,166,728 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,174,857 | OtherCostOrOtherBasisAmt |
| Depreciation | $46,294,995 | DepreciationAmt |
| Book Value | -$37,120,138 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $149,873,387 | OtherCostOrOtherBasisAmt |
| Depreciation | $41,926,436 | DepreciationAmt |
| Book Value | $107,946,951 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $148,877,352 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $242,828,992 | OtherCostOrOtherBasisAmt |
| Depreciation | $94,697,135 | DepreciationAmt |
| Book Value | $297,009,209 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,174,099,159 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal Income Taxes | |
| Accrued Interest | $1,613,988 |
| Accrued Retirement | $481,628 |
| Asset Retirement Obligations (ARO) | $1,427,634 |
| Other Liabilities | $64,415 |
| Contributions | $0 |
| Deferred Rent | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,587,665 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $0 | RevenueSubtotalAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $0 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $699,373,327 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $699,373,327 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $699,373,327 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 Collections of art - description of collections | THE UNVERSITY'S COLLECTIONS PRIMARILY RELATE TO AREAS IN WHICH IT PROVIDES DEGREE PROGRAMS AND/OR OFFERS COURSE WORK. THEY ARE A VALUABLE SCHOLARLY RESOURCE TO ENHANCE STUDENTS' LEARNING AND EXPERIENCE. THE UNVERISTY'S COLLECTIONS INCLUDE: PAINTINGS, PRINTS, COUTURE CLOTHING, JEWELRY, SCULPTURES AND HISTORICAL ITEMS. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | THE UNIVERSITY'S ENDOWMENT FUNDS ARE PRIMARILY USED TO SUPPORT SCHOLARSHIPS FOR STUDENTS. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | THE UNIVERSITY IS REQUIRED TO MAKE PROVISIONS FOR UNCERTAIN TAX POSITIONS. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50% CUMULATIVE LIKELIHOOD OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. THE UNIVERSITY RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS WITHIN INCOME TAX EXPENSE. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | THE UNIVERSITY DRAWS ITS STUDENTS FROM ALL 50 STATES AND MORE THAN 100 COUNTRIES. ALL MATERIALS INVOLVING THE SOLICITATION OF STUDENTS INCLUDE THE UNIVERSITY'S NON-DISCRIMINATORY POLICY OR A REFERENCE TO THIS POLICY, IN COMPLIANCE WITH THE REQUIREMENTS STATED IN THE INSTRUCTIONS TO FORM 990. THE UNIVERSITY INSERTS THE FOLLOWING IN ITS CATALOG, APPLICATION FOR ADMISSION, AND THE UNIVERSITY'S WEBSITE: "IN COMPLIANCE WITH TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, SECTION 504 OF THE REHABILITATION ACT OF 1973, TITLE VI OF THE CIVIL RIGHTS ACT OF 1964 AND OTHER FEDERAL, STATE, AND LOCAL LAWS, SCAD DOES NOT DISCRIMINATE ON THE BASIS OF AGE, RACE, COLOR, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, RELIGION, NATIONAL OR ETHNIC ORIGIN, DISABILITY, OR VETERAN STATUS IN ANY PHASE OF ITS EMPLOYMENT PROCESS, IN ANY PHASE OF ITS EMPLOYMENT OR ADMISSION PROCESSES, ITS FINANCIAL AID PROGRAMS, OR OTHER ASPECTS OF ITS EDUCATIONAL PROGRAM OR ACTIVITIES." |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | THE FINANCIAL AID SCAD RECEIVES FROM GOVERNMENT AGENCIES CONSISTS OF FEDERAL TITLE IV STUDENT FINANCIAL ASSISTANCE PROGRAMS, VETERANS ADMINISTRATION BENEFITS, STATE-SUPPORTED VOCATIONAL REHABILITATION FUNDING, AND FUNDS FROM MANY STATES THE MOST PREDOMINANT OF WHICH IS THE STATE OF GEORGIA. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 1 | 0 | Program Services | Study abroad campus | $3,538,223 |
| Europe (Including Iceland and Greenland) | 1 | 0 | Investments | $4,591,364 | |
| Europe (Including Iceland and Greenland) | 1 | 0 | Program Services | Program services related to meal plans and ownership of real property. | $2,117,834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 3 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 3 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $10,247,421 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $10,247,421 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Purpose Of Grant | Campus Operations for Study Abroad | PurposeOfGrantTxt |
| Cash Grant | $3,538,223 | CashGrantAmt |
| Manner Of Cash Disbursement | Wire | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds | THE ORGANIZATION GOES THROUGH AN ANNUAL BUDGETING PROCESS FOR THE FUNDS USED AT THE EUROPEAN AND EAST ASIA LOCATIONS. MONTHLY REVIEWS OF FINANCIAL ACTIVITY AND PERIODIC RE-PROJECTIONS ARE PERFORMED ON AN ONGOING BASIS THROUGHOUT THE YEAR TO ENSURE THAT FUNDS ARE ONLY SPENT FOR AUTHORIZED PURPOSES IN FURTHERANCE OF THE ORGANIZATION'S EDUCATIONAL MISSION. |
| Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual |
| Schedule F, Part V | Part I, Line 3: ACCRUAL METHOD IS USED TO ACCOUNT FOR EXPENDITURES. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| LUCAS THEATRE FOR THE ARTS INC | |||||||
| 32 Abercorn Street | Savannah | GA | 31401 | 581775851 | 501(C )(3) | $300,000 | Support for Operations |
| City of Refuge Inc | |||||||
| 1300 Joseph E Boone Blvd NW | Atlanta | GA | 30314 | 582194642 | 501(c )(3) | $100,000 | Support for Operations |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Student Scholarships | GrantTypeTxt |
| Recipient | 16797 | RecipientCnt |
| Cash Grant | $177,514,105 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds | FormAndLineReferenceDesc |
| Explanation | INSTITUTIONAL SCHOLARSHIPS TO STUDENTS ARE AWARDED PURSUANT TO INSTITUTIONAL POLICIES AND PROCEDURES WHICH CONSIDER A STUDENT'S ACADEMIC ABILITY, ARTISTIC ABILITY AND FINANCIAL NEED. STUDENTS MUST MAINTAIN ACADEMIC STANDARDS AND MAKE SATISFACTORY PROGRESS TO CONTINUE RECEIVING INSTITUTIONAL SCHOLARSHIPS. STUDENTS RECEIVING SCHOLARSHIPS FUNDED BY DONORS MUST MEET THE SPECIFIED SCHOLARSHIP REQUIREMENTS, IF ANY, AS WELL AS MAINTAIN ACADEMIC STANDARDS AND MAKE SATISFACTORY PROGRESS TOWARDS GRADUATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Glenn E Wallace Jr | ||||||||||||||
| Former Chief Operating Officer | $243,094 | $0 | $0 | $0 | $635 | $0 | $0 | $0 | $7,962 | $0 | $251,691 | $0 | $0 | $0 |
| Paula S Wallace | ||||||||||||||
| President | $1,369,063 | $0 | $1,329,176 | $0 | $2,995,577 | $0 | $20,700 | $0 | $21,489 | $0 | $5,736,005 | $0 | $1,300,206 | $0 |
| Jeffery Josiah Waller | ||||||||||||||
| CFO | $615,600 | $0 | $348,300 | $0 | $35,677 | $0 | $20,700 | $0 | $21,802 | $0 | $1,042,079 | $0 | $0 | $0 |
| Jason Fox | ||||||||||||||
| Chief Academic Officer | $438,306 | $0 | $270,000 | $0 | $19,808 | $0 | $20,700 | $0 | $1,543 | $0 | $750,357 | $0 | $0 | $0 |
| Carmen Stowers | ||||||||||||||
| Secretary | $143,037 | $0 | $39,250 | $0 | $9,042 | $0 | $9,057 | $0 | $20,860 | $0 | $221,246 | $0 | $0 | $0 |
| Lesley Camille Hanak | ||||||||||||||
| Chief Human Resources Officer | $451,371 | $0 | $277,500 | $0 | $42,961 | $0 | $20,700 | $0 | $21,709 | $0 | $814,241 | $0 | $0 | $0 |
| Hannah Flower | ||||||||||||||
| VP of SCAD Atlanta / General Counsel | $409,933 | $0 | $262,000 | $0 | $36,073 | $0 | $20,700 | $0 | $21,643 | $0 | $750,349 | $0 | $0 | $0 |
| John Paul Rowan | ||||||||||||||
| Chief Marketing Officer | $399,966 | $0 | $206,875 | $0 | $20,600 | $0 | $20,700 | $0 | $20,971 | $0 | $669,112 | $0 | $0 | $0 |
| Bradford Grant | ||||||||||||||
| SR. VP for IT | $349,001 | $0 | $204,862 | $0 | $42,548 | $0 | $19,828 | $0 | $21,549 | $0 | $637,788 | $0 | $0 | $0 |
| Gokhan Ozaysin | ||||||||||||||
| Sr. VP Academic Quality | $368,527 | $0 | $105,000 | $0 | $2,050 | $0 | $20,700 | $0 | $21,998 | $0 | $518,275 | $0 | $0 | $0 |
| Kari L Herrin | ||||||||||||||
| SR. VP Brand Experience | $293,797 | $0 | $144,500 | $0 | $20,350 | $0 | $17,863 | $0 | $19,722 | $0 | $496,232 | $0 | $0 | $0 |
| Steve Mineo | ||||||||||||||
| Sr. VP Admission | $291,715 | $0 | $105,000 | $0 | $35,092 | $0 | $7,736 | $0 | $21,091 | $0 | $460,634 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a First-class or charter travel | SENIOR MANAGEMENT AND TRUSTEES ARE ELIGIBLE FOR BUSINESS CLASS SEATS WHEN TRAVELING ON AUTHORIZED BUSINESS. The INSTITUTION'S WHOLLY-OWNED SUBSIDIARY, ACORN LEASING, LLC, OWNS A CORPORATE AIRCRAFT TO FACILITATE THE BUSINESS TRAVEL OF SENIOR MANAGEMENT AND TRUSTEES. THE BOARD HAS ADOPTED A POLICY THAT PROHIBITS ANY NON-BUSINESS USE OF THE AIRCRAFT. WHEN APPLICABLE, IMPUTED INCOME HAS BEEN REPORTED AS TAXABLE COMPENSATION FOR ANY COMPANIONS OF LISTED PERSONS WHO ARE NOT TRAVELING FOR A BUSINESS PURPOSE. |
| Schedule J, Part I, Line 1a Travel for companions | TO FACILITATE THE ABILITY OF THE PRESIDENT AND TRUSTEES TO CONDUCT BUSINESS AND PARTICIPATE IN THE ACTIVITIES OF THE UNIVERSITY, TRAVEL FOR COMPANIONS/MINOR CHILDREN HAS BEEN PROVIDED AT TIMES. IN SUCH CASES, THE COST OF THE FLIGHT (IF THE TRAVEL WAS VIA COMMERCIAL CARRIER) OR THE APPROPRIATE AMOUNT OF IMPUTED INCOME (PURSUANT TO TAX REGULATIONS REGARDING PERSONAL USE OF CORPORATE AIRCRAFT) HAS BEEN TREATED AS A TAXABLE BENEFIT AND REPORTED AS COMPENSATION. THE BENEFIT WAS PROVIDED DUE TO EXTENSIVE TRAVEL BEING REQUIRED BETWEEN MULTIPLE LOCATIONS (SAVANNAH, ATLANTA, LACOSTE, FRANCE AND HONG KONG). |
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | AS IS STANDARD PRACTICE FOR UNIVERSITIES, THE PRESIDENT IS PROVIDED A RESIDENCE IN SAVANNAH THAT IS FREQUENTLY USED FOR BUSINESS AND/OR BUSINESS FUNCTIONS (I.E. MEETINGS, RECEPTIONS, DINNERS WITH GUESTS AND DONORS, ETC.). NO AMOUNT HAS BEEN INCLUDED IN THE PRESIDENT'S TAXABLE INCOME FOR USE OF THE PROPERTY. SINCE NOVEMBER 2014, THE PRESIDENT HAS BEEN PROVIDED A HOUSING ALLOWANCE IN CONNECTION WITH HER PERSONAL RESIDENCE IN THE ATLANTA AREA. THE HOUSING ALLOWANCE IS TREATED AS TAXABLE WAGES AND IS INCLUDED IN COLUMN (B) OF PART VII OF THIS FORM 990 AND IN COLUMN (B) (III) OF SCHEDULE J PART II. |
| Schedule J, Part I, Line 4a Severance or change-of-control payment | THE PRESIDENT BEGAN A NEW AGREEMENT STARTING JULY 1, 2019 WHEREBY SHE WILL, ON EACH JUNE 30TH OF HER CONTINUED EMPLOYMENT DURING THE TERM OF THE AGREEMENT, VEST IN A SUPPLEMENTAL RETIREMENT BENEFIT EQUAL TO THE PRESENT VALUE OF A LIFE ANNUITY THAT WILL PROVIDE AN ANNUAL BENEFIT EQUAL TO TWO PERCENT (2%) OF HER BASE SALARY IN EFFECT ON THE APPLICABLE JUNE 30TH. EACH SUCH VESTED SUPPLEMENTAL BENEFIT SHALL BE PAID TO THE PRESIDENT IN A LUMP SUM WITHIN THIRTY (30) DAYS AFTER THE APPLICABLE JUNE 30TH. |
| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan | THE PRESIDENT BEGAN A NEW AGREEMENT STARTING JULY 1, 2019 WHEREBY SHE WILL, ON EACH JUNE 30TH OF HER CONTINUED EMPLOYMENT DURING THE TERM OF THE AGREEMENT, VEST IN A SUPPLEMENTAL RETIREMENT BENEFIT EQUAL TO THE PRESENT VALUE OF A LIFE ANNUITY THAT WILL PROVIDE AN ANNUAL BENEFIT EQUAL TO TWO PERCENT (2%) OF HER BASE SALARY IN EFFECT ON THE APPLICABLE JUNE 30TH. EACH SUCH VESTED SUPPLEMENTAL BENEFIT SHALL BE PAID TO THE PRESIDENT IN A LUMP SUM WITHIN THIRTY (30) DAYS AFTER THE APPLICABLE JUNE 30TH. |
| Schedule J, Part I, Line 7 Non-fixed payments | The President's total compensation (base pay and bonuses), Executive Management Compensation (base pay and bonuses) are determined by the board of trustees in conjunction with an independent compensation consulting firm (AON). For all others listed, compensation is determined in the sole discretion of the compensation committee. |
| Schedule J, Part I, Line 3 | THE INSTITUTION COMPLIES WITH THE PROCEDURES AND STANDARDS SET FORTH IN THE IRS REGULATIONS TO RECEIVE THE 'REBUTTABLE PRESUMPTION OF REASONABLENESS' WITH RESPECT TO THE TOTAL COMPENSATION PAID TO THE PRESIDENT. A COMMITTEE OF THE BOARD CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT'S SALARY AND BONUS. ANY AND ALL DECISIONS ARE BASED ON: A) A DOCUMENTED COMPENSATION PHILOSOPHY AND STRATEGY; B) A DETAILED ANNUAL PERFORMANCE REVIEW ON BOTH JOB PERFORMANCE AND THE "BALANCED SCORECARD" OF THE RESULTS OF THE INSTITUTION AND SUBSIDIARIES; AND C) DETAILED AND COMPREHENSIVE MARKET DATA WHICH CONSIDERS ORGANIZATIONS THAT ARE "SIMILARLY SITUATED." AN INDEPENDENT CONSULTING FIRM THAT SPECIALIZES IN BENEFITS AND COMPENSATION PROVIDES TOTAL COMPENSATION MARKET VALUATIONS VIA A COMPENSATION STUDY THAT INCLUDES CONSIDERATION OF THE TOTAL COMPENSATION PAID BY COMPARABLE THE REASONABLENESS OF TOTAL COMPENSATION. THE FULL BOARD RECEIVES THE WRITTEN OPINION FROM THE INDEPENDENT CONSULTING FIRM, CONSIDERS THE COMPENSATION. THIS PRACTICE ALSO INCLUDES A MARKET ANALYSIS OF INSTITUTIONS. THE COMPENSATION EXPERT PROVIDES A WRITTEN OPINION ON DETAILED PERFORMANCE REVIEW AND THE COMPENSATION MARKET ANALYSIS AND RECOMMENDATION OF THE COMMITTEE, AND VOTES ON THE PRESIDENT'S COMPENSATION PAID TO SENIOR MANAGEMENT AND ANY INDIVIDUAL RELATED TO A MEMBER OF SENIOR MANAGEMENT OR THE BOARD. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Private College and Universities Authority | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 581407780 | BondIssuerEIN |
| CUSIP | 74265LD47 | CUSIPNum |
| Bond Issued | 2021-11-10 | BondIssuedDt |
| Issue Price | $190,003,608 | IssuePriceAmt |
| Purpose | Financing associated with student housing | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $14,710,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $190,555,728 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $1,293,068 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $169,697,185 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $19,565,475 | UnspentAmt |
| Substantial Completion | 2024 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | false | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | false | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (true) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (true) | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Engage Bond Counsel Research | false | EngageBondCounselResearchInd |
| Private Bus Use By Others | 0.018 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.018 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropPct |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Term Of Hedge | 0 | TermOfHedgePct |
| Superintegrated Hedge | false | SuperintegratedHedgeInd |
| Hedge Terminated | false | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Term Of GIC | 0 | TermOfGICPct |
| Regulatory Safe Harbor Stsfd | false | RegulatorySafeHarborStsfdInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part II, Line 3 | FormAndLineReferenceDesc |
| Explanation | THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE (PART II, LINE 3) AND THE ISSUE PRICE LISTED IN PART I, COLUMN (E), IS THE RESULT OF INVESTMENT EARNINGS. FOR THE 2021 BOND ISSUE THE INVESTMENT EARNINGS DURING THE 2021 TAX YEAR WAS $24,476; 2022 TAX YEAR WAS $433,320; 2023 TAX YEAR WAS $94,135 AND 2024 TAX YEAR WAS $189. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Habibe Isil Ozaysin | |||
| Family member of Gokhan Ozaysin, Key Employee | $41,578 | Wages and Benefits | false |
| Mary Grant | |||
| Family member of Bradford Grant, HCE | $143,937 | Wages and Benefits | false |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $181,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,081 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Couture | 1 | $462,200 | Market value |
| Yes (X) | Livestock: Horses | 6 | $1,645,000 | Other - Appraisal |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 10 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Art - Works of art - Number of Contributors. Securities - Publicly traded - Number of Contributors. Other - Couture Number of Contributors. Other - Livestock: Horses Number of Contributions. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 2 Family/business relationships amongst interested persons | Paula Wallace and Glenn E. Wallace - Family relationship |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | PRIOR TO FILING, THE RETURN WAS DISTRIBUTED TO BOARD MEMBERS PROVIDING AN OPPORTUNITY TO ASK QUESTIONS AND PROVIDE INPUT. |
| Form 990, Part VI, Line 12c Conflict of interest policy | THE UNVERSITY'S CORPORATE GOVERNANCE POLICY, WHICH IS AVAILABLE TO ALL EMPLOYEES VIA THE INSTITUTION'S INTRANET AND EMPLOYEE HANDBOOK, PROVIDES GUIDANCE TO ALL EMPLOYEES ON ISSUES OF CONFLICTS OF INTEREST. THE BOARD OF TRUSTEES IS RESPONSIBLE FOR EVALUATING ANY CONFLICTS OF INTEREST AND, IF APPROPRIATE, AUTHORIZING ANY CONTRACT OR TRANSACTION BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED TRUSTEES IF THERE IS A CONFLICT OF INTEREST INVOLVING TRUSTEES. THE UNIVERSITY OBTAINS ANNUALLY A DISCLOSURE OF POTENTIAL CONFLICTS BY TRUSTEES AND MEMBERS OF SENIOR MANAGEMENT. A WHISTLE BLOWER REPORTING PROCESS HAS BEEN ESTABLISHED. THERE IS A DESIGNATED FULL-TIME COMPLIANCE OFFICER THAT INVESTIGATES AND RESOLVES ETHICS COMPLAINTS, INCLUDING CONFLICTS OF INTEREST, INVOLVING EMPLOYEES. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | THE INSTITUTION COMPLIES WITH THE PROCEDURES AND STANDARDS SET FORTH IN THE IRS REGULATIONS TO RECEIVE THE 'REBUTTABLE PRESUMPTION OF REASONABLENESS' WITH RESPECT TO THE TOTAL COMPENSATION PAID TO THE PRESIDENT. A COMMITTEE OF THE BOARD CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT'S SALARY AND BONUS. ANY AND ALL DECISIONS ARE BASED ON: A) A DOCUMENTED COMPENSATION PHILOSOPHY AND STRATEGY; B) A DETAILED ANNUAL PERFORMANCE REVIEW ON BOTH JOB PERFORMANCE AND THE "BALANCED SCORECARD" OF THE RESULTS OF THE INSTITUTION AND SUBSIDIARIES; AND C) DETAILED AND COMPREHENSIVE MARKET DATA WHICH CONSIDERS ORGANIZATIONS THAT ARE "SIMILARLY SITUATED." AN INDEPENDENT CONSULTING FIRM THAT SPECIALIZES IN BENEFITS AND COMPENSATION PROVIDES TOTAL COMPENSATION MARKET VALUATIONS VIA A COMPENSATION STUDY THAT INCLUDES CONSIDERATION OF THE TOTAL COMPENSATION PAID BY COMPARABLE THE REASONABLENESS OF TOTAL COMPENSATION. THE FULL BOARD RECEIVES THE WRITTEN OPINION FROM THE INDEPENDENT CONSULTING FIRM, CONSIDERS THE COMPENSATION. THIS PRACTICE ALSO INCLUDES A MARKET ANALYSIS OF INSTITUTIONS. THE COMPENSATION EXPERT PROVIDES A WRITTEN OPINION ON DETAILED PERFORMANCE REVIEW AND THE COMPENSATION MARKET ANALYSIS AND RECOMMENDATION OF THE COMMITTEE, AND VOTES ON THE PRESIDENT'S COMPENSATION PAID TO SENIOR MANAGEMENT AND ANY INDIVIDUAL RELATED TO A MEMBER OF SENIOR MANAGEMENT OR THE BOARD. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | THE COMPENSATION OF EACH MEMBER OF SENIOR MANAGEMENT IS SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOLLOWING THE PROCEDURES AND STANDARDS SET FORTH IN THE IRS REGULATIONS IN ORDER TO RECEIVE THE "REBUTTABLE PRESUMPTION". AN INDEPENDENT CONSULTING FIRM (AON) THAT SPECIALIZES IN COMPENSATION AND BENEFITS PROVIDES MARKET INFORMATION FOR EACH POSITION VIA A COMPENSATION STUDY THAT INCLUDES CONSIDERATION OF THE COMPENSATION PAID BY OTHER EDUCATIONAL INSTITUTIONS. THE COMPENSATION EXPERT PROVIDES A WRITTEN OPINION ON THE REASONABLENESS OF COMPENSATION. THIS PRACTICE ALSO INCLUDES THE COMPENSATION PAID TO ANY INDIVIDUAL RELATED TO A MEMBER OF SENIOR MANAGEMENT OR THE BOARD. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE CONFLICTS OF INTEREST POLICY IS PUBLISHED IN THE EMPLOYEE HANDBOOKS AND AVAILABLE ON MYSCAD, THE INSTITUTION'S INTRANET. THE GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE NOT DISSEMINATED TO THE PUBLIC AT THIS TIME. |
| Form 990, Part VIII, Line 2f Other Program Service Revenue | All Other Program Service Revenue - Total Revenue: 192496, Related or Exempt Function Revenue: 192496, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Part I, Line I | SCAD MISSION: SCAD PREPARES TALENTED STUDENTS FOR CREATIVE PROFESSIONS THROUGH ENGAGED TEACHING AND LEARNING IN A POSITIVELY ORIENTED UNIVERSITY ENVIRONMENT. SCAD VISION: SCAD WILL BE GLOBALLY RECOGNIZED AS THE PREEMINENT SOURCE OF KNOWLEDGE IN THE DISCIPLINES WE TEACH. SCAD VALUES: BE STRATEGIC. RESEARCH AND MEASURE TO GUIDE WORK AND DOCUMENT RESULTS; BE INNOVATIVE. GENERATE NEW IDEAS AND RELEVANT SOLUTIONS; BE POSITIVE. APPROACH ALL ENDEAVORS WITH ENTHUSIASM; BE COLLABORATIVE. EMBRACE AND ACT UPON OUR COLLECTIVE GENIUS; BE TRANSFORMATIVE. CREATE LIFE-CHANGING EXPERIENCES; BE COMPASSIONATE. TREAT EVERYONE WITH KINDNESS AND CARE. THE SAVANNAH COLLEGE OF ART AND DESIGN IS A PRIVATE, NONPROFIT, ACCREDITED INSTITUTION CONFERRING BACHELOR'S AND MASTER'S DEGREES AT DISTINCTIVE LOCATIONS TO PREPARE TALENTED STUDENTS FOR PROFESSIONAL CAREERS. SCAD OFFERS DEGREES IN MORE THAN 40 MAJORS, AS WELL AS MINORS IN MORE THAN 75 DISCIPLINES. WITH OVER 50,000 ALUMNI WORLDWIDE, SCAD DEMONSTRATES AN EXCEPTIONAL EDUCATION AND UNPARALLELED CAREER PREPARATION. AT LOCATIONS IN SAVANNAH AND ATLANTA, GEORGIA; IN LACOSTE, FRANCE; AND ONLINE THROUGH SCAD ELEARNING, THE DIVERSE STUDENT BODY CONSISTS OF MORE THAN 18,000 STUDENTS, FROM ACROSS THE UNITED STATES AND MORE THAN 100 COUNTRIES. SCAD'S INNOVATIVE CURRICULUM IS ENHANCED BY ADVANCED, PROFESSIONAL-LEVEL TECHNOLOGY, EQUIPMENT AND LEARNING RESOURCES. THE UNIVERSITY, STUDENTS, FACULTY AND ALUMNI HAVE GARNERED ACCLAIM FROM RESPECTED ORGANIZATIONS AND PUBLICATIONS WORLDWIDE INCLUDING TIME, VOGUE MAGAZINE, U.S. NEWS & WORLD REPORT, DESIGNINTELLIGENCE, RED DOT, AND HOLLYWOOD REPORTER. SINCE THE TIME THAT SCAD OPENED ITS DOORS TO STUDENTS IN 1979, SAVANNAH HAS TRANSFORMED FROM A PLACE WITH A RUN-DOWN HISTORIC DISTRICT AND BOARDED-UP BUILDINGS TO AN INTERNATIONAL BUSINESS AND TOURIST DESTINATION. EXCEPTIONAL UNIVERSITY IMPACT IS BEST MEASURED BY THE CONTRIBUTIONS TO THE QUALITY OF LIFE IN THE COMMUNITIES IT SERVES. FOR FOUR DECADES, SCAD HAS BEEN A POWERFUL FORCE SHAPING THE ECONOMY, THE CULTURE, THE PHYSICAL ENVIRONMENT AND THE REPUTATION OF SAVANNAH, ATLANTA AND THE STATE OF GEORGIA. SCAD EDUCATES STUDENTS AND PREPARES THEM FOR CREATIVE PROFESSIONS, AND IN DOING SO, CONTINUOUSLY ENHANCES THE COMMUNITIES SURROUNDING ITS CAMPUSES. TO QUANTIFY THE ECONOMIC AND SOCIAL IMPACTS GENERATED BY THE UNIVERSITY THROUGHOUT THE STATE OF GEORGIA, SCAD RETAINED THE CONSULTING FIRM TRIPP UMBACH TO COMPLETE AN ECONOMIC AND COMMUNITY IMPACT STUDY FOR SCAD'S FISCAL YEAR 2023. KEY FINDINGS FROM THE STUDY INCLUDE THE FOLLOWING: GEORGIA: FOR OVER FOUR DECADES, SCAD HAS SHAPED THE ECONOMY, CULTURE, BUILT ENVIRONMENT AND REPUTATION OF GEORGIA. WITH PRESTIGIOUS ACCOLADES AND A COMMANDING PRESENCE, SCAD FOSTERS MORE PROSPEROUS COMMUNITIES. $1.3 BILLION IN ANNUAL ECONOMIC IMPACT, 12,256 JOBS IN DIVERSE INC. 58-1357177 SAVANNAH COLLEGE OF ART AND DESIGN, INDUSTRIES (REAL ESTATE, RETAIL, AND TOURISM), $51.1 MILLION IN ANNUAL STATE AND LOCAL GOVERNMENT TAX REVENUE. SAVANNAH: SCAD MADE ITS FIRST HOME IN SAVANNAH AND HAS WORKED TO ELEVATE THE RENOWN OF THIS HISTORIC CITY, PIONEERING SAFETY AND SECURITY INITIATIVES, ESTABLISHING A STRONG LEGACY OF COMMUNITY SERVICE, AND ANNUALLY ATTRACTING TENS OF THOUSANDS OF STUDENTS, FACULTY AND STAFF, FAMILIES AND VISITORS. $1 BILLION IN ANNUAL ECONOMIC IMPACT, 8,791 JOBS IN DIVERSE INDUSTRIES (REAL ESTATE, RETAIL, AND TOURISM), $38.6 MILLION IN DIRECT, INDIRECT, AND INDUCED TAX PAYMENTS. ATLANTA: SCAD OPENED ITS ATLANTA CAMPUS IN 2005, AMPLIFYING THE EDUCATIONAL AND PROFESSIONAL OPPORTUNITIES IN THIS MAJOR U.S. MARKET AND BUILDING THE CHARACTER OF THE CITY ALONGSIDE MAJOR COMPANIES LIKE DELTA, TURNER, AND COCA-COLA. TODAY, SCAD STANDS AT THE CENTER OF ATLANTA'S GROWING DESIGN, FASHION AND ENTERTAINMENT INDUSTRIES, WITH CAREER-FOCUSED AND CULTURAL FEATURES LIKE SCADFILM, SCAD FASH MUSEUM OF FASHION + FILM, AND THE MERCEDES-BENZ STADIUM ART COLLECTION. $328.5 MILLION IN ANNUAL ECONOMIC IMPACT, 3,465 JOBS IN DIVERSE INDUSTRIES (REAL ESTATE, RETAIL, AND TOURISM), $13.1 MILLION IN DIRECT, INDIRECT, AND INDUCED TAX PAYMENTS. SCAD IS PROUD THAT 22% OF ALUMNI REMAIN IN GEORGIA. SCAD PROVIDES A VALUABLE SERVICE THAT PROPELS THE ECONOMY - OFFERING SPECIALIZED DEGREE PROGRAMS THAT PREPARE GRADUATES FOR MYRIAD INDUSTRIES. SCAD EDUCATES PROFESSIONALS TO FILL JOBS, AND TO BEST SUPPORT WORKFORCE NEEDS, SCAD MAINTAINS RELATIONSHIPS WITH THE INC. 58-1357177 SAVANNAH COLLEGE OF ART AND DESIGN, INDUSTRIES IT SERVES. ACADEMIC PROGRAMS ARE DEVELOPED IN CONCERT WITH THE BUSINESS COMMUNITY, AND OFTEN, COMPANIES REQUEST NEW PROGRAMS TO FILL EMERGING TALENT NEEDS FOR THEIR BUSINESSES. FOR EXAMPLE, AN EXECUTIVE AT DISNEY CONVEYED TO SCAD THE COMPANY'S NEED FOR ATTRACTION AND ENTERTAINMENT DESIGNERS, AND SCAD ANSWERED THIS REQUEST WITH THE M.F.A. IN THEMED ENTERTAINMENT. AN EXECUTIVE AT LAL ASKED SCAD TO DEVELOP A FRAGRANCE PROGRAM AND A SOCIAL STRATEGY PROGRAM TO FILL SPECIFIC NEEDS IN THEIR INDUSTRY. SCAD CREATED A B.F.A. IN BUSINESS OF BEAUTY AND FRAGRANCE AND A B.F.A. SOCIAL STRATEGY AND MANAGEMENT. SCAD ALSO PARTNERED WITH GOOGLE TO CREATE THE COUNTRY'S FIRST B.F.A. IN USER EXPERIENCE DESIGN. IN ALL, SCAD OFFERS MORE THAN 100 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS IN 42 MAJORS AND OFFERS 75 MINORS. THESE PROGRAMS ARE RESEARCHED AND DEVELOPED AT SCAD AND REVISED REGULARLY TO KEEP PACE WITH INDUSTRY TRENDS. COMPANIES COME TO SCAD TO HIRE TALENT FOR THEIR WORKFORCES. THROUGH SCADPRO, THE UNIVERSITY'S DESIGN AND RESEARCH CONSULTANCY, SCAD FACULTY AND STUDENTS COLLABORATE WITH COMPANIES AND ORGANIZATIONS TO HELP THEM SOLVE PROBLEMS, KEEP THEIR BUSINESSES VITAL, AND ADVANCE THEIR COMPETITIVE ADVANTAGE. SCAD STUDENTS, GUIDED BY EXPERT SCAD FACULTY, HAVE WORKED WITH 444 CLIENTS FOR 950 COLLABORATIONS, WITH 80+ PRODUCTS TAKEN TO MARKET AND STUDENTS RECEIVING 295 OFFERS OF EMPLOYMENT. CLIENTS SCAD HAS SERVED INCLUDE ADOBE, APPLE, BMW, CBS SPORTS, CITY OF DECATUR, CITY OF VIDALIA, COCA-COLA, DELOITTE, DELTA AIR LINES, DISNEY, FOX SPORTS, GOOGLE, GREAT DANE, GULFSTREAM, THE HOME DEPOT, LENOVO, LAL, MAYO CLINIC, MERCEDES-BENZ, MICROSOFT, NASA, PHOEBE PUTNEY HEALTH, PROCTOR & GAMBLE, SAMSUNG, SUSAN G. KOMAN INC. 58-1357177 SAVANNAH COLLEGE OF ART AND DESIGN, FOUNDATION, UBER, AND VOLVO. SCAD IS THE ONLY UNIVERSITY THAT OFFERS A PROFESSIONAL COMMERCIAL GALLERY SERVICE TO THE PUBLIC, CALLED SCAD ART SALES, WHICH IS FOCUSED EXCLUSIVELY ON PLACING THE WORK OF STUDENTS, ALUMNI, AND FACULTY WITH CLIENTS INCLUDING COLLECTORS AND COMPANIES FROM FACEBOOK TO NETFLIX. SCAD OFFERS ALUMNI A FULLY FUNDED RESIDENCY PROGRAM, THE SCAD ALUMNI ATELIER, WHICH PROVIDES LODGING, RESOURCES, AND A STIPEND TO REALIZE NEW CREATIVE WORK FOR THE MARKET. ALSO, THROUGH SCADPRO FUND, THE UNIVERSITY INVESTS SIGNIFICANT FUNDS IN SCAD ALUMNI BUSINESSES, HELPING THEM SCALE THEIR BUSINESSES AND SOLVE CHALLENGES THROUGH INNOVATION. SCAD HAS A LONG-STANDING TRADITION OF COMMUNITY SERVICE. SINCE THE VERY FIRST SCAD SIDEWALK ARTS FESTIVAL (OPEN-TO-THE-PUBLIC ART FESTIVAL IN FORSYTH PARK IN SAVANNAH, GA) IN 1981, SCAD HAS BEEN COMMITTED TO ENRICHING THE COMMUNITIES THAT THE UNIVERSITY CALLS HOME. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| SAVANNAH MEDIA SUPPORT SERVICES LLC | |||||||||
| PO Box 3146 | Savannah | GA | 31402 | 271079682 | Support | GA | $0 | $0 | SAVANNAH COLLEGE OF ART and Design Inc |
| ACORN HANGAR LLC | |||||||||
| PO Box 3146 | Savannah | GA | 31402 | Aircraft Management | GA | $0 | $0 | SAVANNAH COLLEGE OF ART AND DESIGN Inc | |
| ACORN LEASING COMPANY LLC | |||||||||
| PO Box 3146 | Savannah | GA | 31402 | AIRCRAFT MANAGEMENT | GA | $60,000 | $1,449,797 | SAVANNAH COLLEGE OF ART AND DESIGN INC | |
| SCAD HOLDINGS LLC | |||||||||
| PO Box 3146 | Savannah | GA | 31402 | 824187069 | Support | GA | $0 | $0 | SAVANNAH COLLEGE OF ART AND DESIGN INC |
| MUSEUM CAFE LLC | |||||||||
| PO Box 3146 | Savannah | GA | 31402 | 463951516 | Support | GA | $0 | $0 | SAVANNAH COLLEGE OF ART AND DESIGN INC |
| SCAD MUSEUM LLC | |||||||||
| PO Box 3146 | Savannah | GA | 31402 | 273916875 | Museum | GA | $151,537 | $0 | SAVANNAH COLLEGE OF ART AND DESIGN INC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Address Line1ForeignAddress/AddressLine1Txt | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LUCAS THEATRE FOR THE ARTS INC | ||||||||||||||
| 32 ABERCORN STREET | SAVANNAH | GA | 31401 | 581775851 | CULTURAL | GA | 501(c)(3) | 10 | SAVANNAH COLLEGE OF ART AND DESIGN INC | Yes (true) | ||||
| SCAD FOUNDATION (HONG KONG) LIMITED | ||||||||||||||
| Education | 501(c)(3) | 2 | SAVANNAH COLLEGE OF ART AND DESIGN INC | Yes (true) | 292 TAI PO ROAD | N. KOWLOON | HK | HK | ||||||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LACOSTE SCHOOL OF THE ARTS IN FRANCE ASSOCIATION | |||||||||||||||
| RUE DU FOUR | LACOSTE | FR | 84480 | Campus | FR | Savannah College of Art and Design Inc | C Corporation | $4,558,760 | $0 | 1 | Yes (true) | ||||
| LACOSTE SCHOOL OF THE ARTS IN FRANCE SA (FKA COMPANIA DE NAVEGACION) | |||||||||||||||
| Campus | Savannah College of Art and Design Inc | C Corporation | $0 | $0 | 1 | Yes (true) | PO Box 3146 | Savannah | GA | 30339 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LUCAS THEATRE FOR THE ARTS INC | ||
| B | $300,000 | Transaction Amount |
| LACOSTE ASSOC FOR THE ARTS | ||
| B | $3,538,223 | Transaction Amount. |