Totals
- Total revenue
- $694,773
- Total expenses
- $419,397
- Contributions and grants received
- $520,924
- Grants paid
- $205,050
- Program service revenue
- $0
- Investment income
- $173,849
- Other revenue
- $0
- Total assets, end of year
- $1,971,967
- Total liabilities, end of year
- $705
- Net assets or fund balances, end of year
- $1,971,262
- Program services expenses (Part IX)
- $211,694
- Management and general expenses
- $142,227
- Fundraising expenses
- $65,476
- Program service expenses (Part III)
- $211,694
Program services were 50.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$520,924
-
1g · Noncash contributions included above
$87,646
-
3 · Investment income
total $107,961 · excluded $107,961
-
7a · Gross sales of assets other than inventory
securities $580,029
-
7b · Less cost or other basis and sales expenses
securities $514,141
-
7c · Gain or loss
securities $65,888
-
7d · Net gain or loss
total $65,888 · excluded $65,888
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $205,050 · program services $205,050
-
11c · Fees: accounting
total $65,145 · management and general $65,145
-
11f · Fees: investment management
total $10,608 · management and general $10,608
-
11g · Fees: other
total $10,375 · program services $6,600 · fundraising $3,775
-
13 · Office expenses
total $27,746 · fundraising $27,746
-
23 · Insurance
total $28,419 · management and general $28,419
-
24a · Other expenses: HOSPITALITY/MEALS
total $40,869 · management and general $11,621 · fundraising $29,248
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $21,583 · management and general $21,583
-
24c · Other expenses: PROMOTIONAL EXPENSES
total $6,943 · program services $44 · management and general $2,192 · fundraising $4,707
-
24d · Other expenses: BANK AND CREDIT CARD FE
total $2,659 · management and general $2,659
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $117,030 · end of year $226,110
-
2 · Savings and temporary cash investments
beginning of year $86,874 · end of year $89,919
-
3 · Pledges and grants receivable
beginning of year $125,588 · end of year $126,483
-
4 · Accounts receivable
beginning of year $34 · end of year $241
-
9 · Prepaid expenses and deferred charges
beginning of year $16,669 · end of year $16,450
-
11 · Investments: publicly traded securities
beginning of year $1,377,691 · end of year $1,512,764
-
17 · Accounts payable and accrued expenses
beginning of year $2,876 · end of year $705
-
27 · Net assets without donor restrictions
beginning of year $1,074,721 · end of year $1,268,061
-
28 · Net assets with donor restrictions
beginning of year $646,289 · end of year $703,201
Mission and programs · 2024
Mission
SVA ALUMNI SOCIETY, INC. (THE "SOCIETY") WAS ESTABLISHED TO MAINTAIN, PROMOTE AND ENHANCE A MUTUALLY BENEFICIAL RELATIONSHIP BETWEEN THE SCHOOL OF VISUAL ARTS (THE "SCHOOL") AND ITS ALUMNI. THE SOCIETY PROMOTES PROFESSIONAL DEVELOPMENT AMONG THE ALUMNI AND RAISES FUNDS TOWARD SCHOLARSHIP PROGRAMS.
Activities or mission (Part I)
THE SOCIETY WORKS IN CONJUNCTION WITH THE ALUMNI AFFAIRS AND DEVELOPMENT OFFICE AT THE SCHOOL OF VISUAL ARTS SERVING AS THE VEHICLE FOR GRANTING SELECT STUDENT SCHOLARSHIPS AND MERIT AWARDS AND SOLICITING DONATIONS TO FUND THE PROGRAMS.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $211,694 · Grants $205,050
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Todd RadomTODD RADOM
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Michael HalsbandMICHAEL HALSBAND
VICE-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Lynda HughesLYNDA HUGHES
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
David KuhnDAVID KUHN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Renee CoxRENEE COX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen Friedman AgnifiloKAREN FRIEDMAN AGNIFILO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Christopher GrowneyCHRISTOPHER GROWNEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gary WatersonGARY WATERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
THE SCHOOL OF VISUAL ARTS
C · VISUAL ARTS SCHOOL · NY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202532799349300833
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