2026-05-13T13:34:23+00:00 2025-06-30 580692043 Mauldin & Jenkins LLC 200 Galleria Parkway Suite 1700 Atlanta GA 30339 990 2024-07-01 581357177 Savannah College of Art and DesignInc SAVA 9125255000 P O Box 3146 Savannah GA 31402 Paula Wallace President 9125255000 2026-05-13 true true Mary Jo Alexander P00002534 7709558600 2026-05-12 2024 2025-03-06 01:10:19Z Paula Wallace P O Box 3146 Savannah GA 31402 1600226635 false X www.SCAD.edu X 1978 GA See Schedule O for complete description. 9 9 4282 4030 1611041 2957355 3618458 4505066 798387509 861521432 76562664 82297690 3965696 4503479 882534327 952827667 165444843 181449327 0 0 219336900 238258283 0 0 753467 243558514 279665717 628340257 699373327 254194070 253454340 2088314309 2341537974 282686280 282614568 1805628029 2058923406 SCAD PREPARES TALENTED STUDENTS FOR CREATIVE PROFESSIONS THROUGH ENGAGED TEACHING AND LEARNING IN A POSITIVELY ORIENTED UNIVERSITY ENVIRONMENT. false false 276139352 406999 718475713 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. 212575683 181042328 STUDENT AID -- THE UNIVERSITY PROVIDES SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE DIRECTLY FROM THE INSTITUTION. 104672091 143045719 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. 593387126 true true false false false false false true false true true false false false true true false true true true true true false false false false false true true true true false false false false false false false false true false true true false false true true true true false false true X 1054 0 true 4282 true true true true FR false false false false false false false false false true false X 9 9 true false false false false false false true true false true true true true true true true true true true false false GA X Brenton Marona 9125255000 PO Box 3146 Savannah GA 314023146 Alan B Whitaker III Trustee 2.0 0 X 0 0 0 Anita Thomas Trustee 2.0 0 X 0 0 0 John G Kennedy III Trustee 2.0 0 X 0 0 0 Lucy Cookson Trustee 2.0 0 X 0 0 0 Michael Bishop JD Trustee 2.0 0 X 0 0 0 Michael Metzner MD Chairman of the Board 2.0 0 X 0 0 0 Sally Waranch Rajcic Trustee 2.0 0 X 0 0 0 Stuart Saunders Trustee 2.0 0 X 0 0 0 Veronica Biggins Trustee 2.0 0 X 0 0 0 Carmen Stowers Secretary 50.0 1.0 X 191329 0 29917 Jason Fox Chief Academic Officer 50.0 0 X 728114 0 22243 Jeffery Josiah Waller CFO 50.0 1.0 X 999577 0 42502 Paula S Wallace President 60.0 1.0 X 5693816 0 42189 Hannah Flower VP of SCAD Atlanta / General Counsel 50.0 0 X 708006 0 42343 Lesley Camille Hanak Chief Human Resources Officer 50.0 0 X 771832 0 42409 Bradford Grant SR. VP for IT 50.0 0 X 596411 0 41377 Gokhan Ozaysin Sr. VP Academic Quality 50.0 0 X 475577 0 42698 John Paul Rowan Chief Marketing Officer 50.0 0 X 627441 0 41671 Kari L Herrin SR. VP Brand Experience 50.0 0 X 458647 0 37585 Steve Mineo Sr. VP Admission 50.0 0 X 431807 0 28827 Glenn E Wallace Jr Former Chief Operating Officer 50.0 0 X 243729 0 7962 11926286 0 421723 302 true true false Choate Construction Company 8200 Roberts Dr Suite 600 Atlanta GA 30350 General Contractor 55442403 Bon Appetit Management Company PO Box 50196 Los Angeles CA 90074 Food services 36248688 West construction Company LLC 1020 Drayton Street Suite 100 Savannah GA 31401 General Contractor 15357596 First Transit Inc 22192 Network Place Chicago IL 60673 Transportation Services 15268319 The Kicklighter Company 1712 Frost Dr Savannah GA 31404 General Contractor 14409609 270 4505066 2293781 4505066 Tuition and Fees 611310 702889964 702889964 Housing & Food Service 721310 143045719 143045719 Other Student Revenue 611310 6063731 6063731 Other Fees and Revenue 611310 8185812 8185812 Conferences and Community Ed 611310 1143710 1143710 192496 192496 0 0 861521432 34589630 34589630 189 189 548780 27790 548780 27790 576570 42625 533945 693911000 15438 646014995 203572 47896005 -188134 47707871 47707871 2726525 1180401 1546124 1546124 Other Revenue 711110 1273689 22292 1251397 Trustees Theater 711110 1107096 1107096 0 0 0 0 2380785 952827667 861521432 1611041 85190128 406999 406999 177514105 177514105 3528223 3528223 9122201 1459552 7662649 185516 185516 184650029 155030375 29146378 473276 30702268 24800718 5826633 74917 13598269 10984428 2580660 33181 2222765 2222765 287356 287356 69936313 58950506 10925495 60312 2821067 153925 2667142 22050902 12283430 9729067 38405 20621015 19036445 1583314 1256 16495184 13071039 3390298 33847 858919 705558 153361 4685529 37456 4648073 67776061 60366023 7410038 7208649 175038 7033611 Student Meal Plan 35399492 35399492 Equip rental and storage 3619866 1549490 2070253 123 Student Activities 7241497 7044451 175858 21188 Meals and Refreshments 4322638 3552118 762017 8503 14118464 7152239 6957766 8459 699373327 593387126 105232734 753467 3073742 12784146 185912265 138429125 1817835 1266325 9080451 12337193 0 0 0 3975226 6194367 1864555 2244297 13256729 11546877 1727102482 553003323 1126053833 1174099159 632559331 872313772 296527 296527 56623801 54443337 53800014 55582849 2088314309 2341537974 55619817 63442307 85081 85081 36001325 37739603 173120343 166610091 0 11531616 11149821 6328098 3587665 282686280 282614568 X 1775318565 2027972013 30309464 30951393 1805628029 2058923406 2088314309 2341537974 253454340 -158963 0 X false true true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 181500 52732849 X X X true 412028532 30641930 60180607 502851069 326684064 27894237 57450231 412028532 255300336 33357251 38026477 326684064 258231565 31549385 -34480614 255300336 173468572 39494039 45268954 258231565 0.925 0.048 0.027 false false 13096409 13096409 1163251485 370084757 793166728 9174857 46294995 -37120138 149873387 41926436 107946951 148877352 242828992 94697135 297009209 1174099159 Federal Income Taxes Accrued Interest 1613988 Accrued Retirement 481628 Asset Retirement Obligations (ARO) 1427634 Other Liabilities 64415 Contributions 0 Deferred Rent 0 3587665 X 0 0 0 0 0 0 699373327 0 0 699373327 0 0 699373327 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. true true true true true true true false false false false false false false false true false true 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. true Europe (Including Iceland and Greenland) 1 0 Program Services Study abroad campus 3538223 Europe (Including Iceland and Greenland) 1 0 Investments 4591364 Europe (Including Iceland and Greenland) 1 0 Program Services Program services related to meal plans and ownership of real property. 2117834 3 0 0 0 3 0 10247421 0 10247421 Europe (Including Iceland and Greenland) Campus Operations for Study Abroad 3538223 Wire 1 0 false false true false false false 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. true LUCAS THEATRE FOR THE ARTS INC 32 Abercorn Street Savannah GA 31401 581775851 501(C )(3) 300000 Support for Operations City of Refuge Inc 1300 Joseph E Boone Blvd NW Atlanta GA 30314 582194642 501(c )(3) 100000 Support for Operations 2 0 Student Scholarships 16797 177514105 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds 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. X X X true true X X X X X true true false false false false false true false Glenn E Wallace Jr Former Chief Operating Officer 243094 0 0 0 635 0 0 0 7962 0 251691 0 0 0 Paula S Wallace President 1369063 0 1329176 0 2995577 0 20700 0 21489 0 5736005 0 1300206 0 Jeffery Josiah Waller CFO 615600 0 348300 0 35677 0 20700 0 21802 0 1042079 0 0 0 Jason Fox Chief Academic Officer 438306 0 270000 0 19808 0 20700 0 1543 0 750357 0 0 0 Carmen Stowers Secretary 143037 0 39250 0 9042 0 9057 0 20860 0 221246 0 0 0 Lesley Camille Hanak Chief Human Resources Officer 451371 0 277500 0 42961 0 20700 0 21709 0 814241 0 0 0 Hannah Flower VP of SCAD Atlanta / General Counsel 409933 0 262000 0 36073 0 20700 0 21643 0 750349 0 0 0 John Paul Rowan Chief Marketing Officer 399966 0 206875 0 20600 0 20700 0 20971 0 669112 0 0 0 Bradford Grant SR. VP for IT 349001 0 204862 0 42548 0 19828 0 21549 0 637788 0 0 0 Gokhan Ozaysin Sr. VP Academic Quality 368527 0 105000 0 2050 0 20700 0 21998 0 518275 0 0 0 Kari L Herrin SR. VP Brand Experience 293797 0 144500 0 20350 0 17863 0 19722 0 496232 0 0 0 Steve Mineo Sr. VP Admission 291715 0 105000 0 35092 0 7736 0 21091 0 460634 0 0 0 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. A Private College and Universities Authority 581407780 74265LD47 2021-11-10 190003608 Financing associated with student housing false false false A 14710000 0 190555728 0 0 0 1293068 0 0 169697185 0 19565475 2024 false false false true A false false true true false false 0.018 0.0 0.018 false false 0 false true A false true false false false false 0 false false false 0 false false true A true Schedule K, Part II, Line 3 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. Habibe Isil Ozaysin Family member of Gokhan Ozaysin, Key Employee 41578 Wages and Benefits false Mary Grant Family member of Bradford Grant, HCE 143937 Wages and Benefits false 2 181500 Market value 1 5081 Market value X Couture 1 462200 Market value X Livestock: Horses 6 1645000 Other - Appraisal 10 false true false Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art - Number of Contributors. Securities - Publicly traded - Number of Contributors. Other - Couture Number of Contributors. Other - Livestock: Horses Number of Contributions. 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. 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