Savannah College of Art and Design Inc
86% goes to programs $17 to raise $100 Strong reserves Growing revenue
Savannah College of Art and Design Inc is a 501(c)(3) organization based in Savannah, Georgia, registered in 1979, with $882,534,327 in FY2023 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
Po Box 3146, Savannah, GA, 31402 EIN 58-1357177 Since 1979
Revenue (FY2023)
$882.5M
▲ 13.6% vs prior year
Education median: $200K
Expenses (FY2023)
$628.3M
Net assets
$1.8B
Employees
4,027
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $17 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Savannah College of Art and Design Inc: 86% to programs · $17 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating34 mo reserves · +29% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Savannah College of Art and Design Inc: 34 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Savannah College of Art and Design Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Savannah College of Art and Design Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
See schedule o for complete description.
What they do
Student aid -- the university provides scholarships and other financial assistance directly from the institution.
Campus services, student housing, food service expenditures -- these expenditures represent the cost of services necessary to supportthe mission of the university, including student housing, dining services and other auxiliary services. the services are available to all students.
Contact & location
- Address
- Po Box 3146, Savannah, GA, 31402
- City
- Savannah
- State
- Georgia
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $392.6M (FY2013) to $882.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $282.7MNet assets $1.8B
Operating margin
28.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1B
Total liabilities
$282.7M
Net assets
$1.8B
Salaries & benefits
$219.3M
35% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $882,534,327▲13.6% | $628,340,257▲12.9% | $1,805,628,029▲16.4% | $2,088,314,309▲12.8% | 990 |
| 2022 | $776,798,715▲24.8% | $556,719,421▲8.0% | $1,551,592,859▲16.5% | $1,850,705,072▲13.8% | 990 |
| 2021 | $622,387,162▲11.5% | $515,629,941▲24.6% | $1,331,672,465▲8.7% | $1,625,921,643▲9.3% | 990 |
| 2020 | $558,103,874▼4.9% | $413,811,889▼4.9% | $1,224,901,179▲18.2% | $1,487,741,651▲14.7% | 990 |
| 2019 | $587,003,201▲2.3% | $434,933,509▲3.2% | $1,036,608,685▲17.3% | $1,297,162,714▲12.7% | 990 |
| 2018 | $573,660,202▲8.4% | $421,305,933▲8.6% | $883,477,117▲21.0% | $1,151,236,394▲15.5% | 990 |
| 2017 | $529,328,820▲10.6% | $387,957,300▲5.0% | $730,175,087▲24.3% | $996,773,713▲15.4% | 990 |
| 2016 | $478,629,737▲9.1% | $369,488,585▲3.5% | $587,636,567▲23.0% | $863,859,342▲13.8% | 990 |
| 2015 | $438,859,470▲7.1% | $356,856,183▲3.3% | $477,827,415▲20.8% | $758,939,816▲11.9% | 990 |
| 2014 | $409,607,642▲4.3% | $345,531,810▲4.1% | $395,606,128▲19.5% | $678,530,098▲26.8% | 990 |
| 2013 | $392,634,834 | $332,081,478▲3.6% | $331,107,296▲23.1% | $535,149,162▲11.7% | 990 |
| 2012 | — | $320,587,418▼1.2% | $269,050,379▲26.8% | $479,156,748▲7.4% | 990 |
| 2011 | — | $324,497,754▲8.0% | $212,143,157▲23.6% | $446,195,129▲31.5% | 990 |
| 2010 | — | $300,487,438▼1.2% | $171,651,339▲20.9% | $339,300,468▲10.3% | 990 |
| 2009 | — | $304,079,514 | $142,020,008 | $307,745,401 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Paula Wallace — $2,619,101 (0.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Paula Wallace | President | 60 | $2,619,101 |
| Jeffrey Josiah Waller | Chief Financial Officer | 50 | $873,259 |
| Glenn Wallace | Chief Operating Officer | 50 | $783,336 |
| Lesley Camille Hanak | Chief Human Resources Offi | 50 | $639,673 |
| Jason Fox | Vp, Academic Services | 40 | $613,740 |
| Bradford Grant | Sr. Vp For It | 50 | $523,352 |
| Gokhan Ozaysin | Chief Academic Officer | 50 | $503,924 |
| Hannah Flower | Vp For Int'l Stud Svc & Le | 50 | $448,975 |
| Steve Mineo | Vp For Admission | 50 | $377,582 |
| Keri L Herrin | Sr. Vp, Brand Experience | 50 | $358,826 |
| John Buckovich | Vp For Scad University Saf | 50 | $267,140 |
| Maureen Garvin | Dean, Foundations & Fine A | 50 | $220,778 |
| Carmen Stowers | Secretary | 50 | $172,985 |
| Alan B Whitaker III | Trustee | 2 | — |
| Anita Thomas | Trustee | 2 | — |
| John G Kennedy III | Trustee | 2 | — |
| Lucy Cookson | Trustee | 2 | — |
| Michael Metzner Md | Trustee | 2 | — |
| Sally Waranch Rajcic | Trustee | 2 | — |
| Stuart Saunders | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Bon Appetit Management Company | Food Services | $34,664,112 |
| Sunstates Security LLC | Security Services | $15,763,972 |
| First Transit Inc | Transportation Services | $14,924,525 |
| The Kicklighter Company | General Contractor | $13,492,288 |
| Clayco Inc | General Contractor | $10,646,603 |
Grants received · $2.5M total
78 grants to Savannah College of Art and Design Inc totaling $2.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $288K in FY2023
5 grants totaling $288K in FY2023. All grants made by Savannah College of Art and Design Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Lucas Theatre For the Arts Inc | Support for operations | $217,270 |
| Council of Fashion Designers of America Inc | Support for operations | $25,000 |
| National Museum of Women In the Arts Inc | Support for operations | $25,000 |
| Yma Fashion Scholarship Fund | Support for operations | $15,000 |
| Foundation of Wesley Woods Inc | Support for operations | $6,000 |
Similar organizations in Education
Education
Au Medical Center Inc
Marietta, GA
$1.0B
C+annual revenue
Education
The Corporation of Mercer University
Macon, GA
$477.2M
A+annual revenue
Education
University of Georgia Research Foundation Inc
Athens, GA
$348.9M
Aannual revenue
Education
Health Scholarships Inc
Gray, GA
$328.4M
B+annual revenue
Education
University of Georgia Foundation
Athens, GA
$327.3M
Aannual revenue
Education
Morehouse School of Medicine Inc
Atlanta, GA
$318.4M
Aannual revenue
Education
South University Member Inc
Savannah, GA
$305.4M
Aannual revenue
Education
University of Georgia Athletic Association Inc
Athens, GA
$291.6M
Aannual revenue
Education
Spelman College
Atl, GA
$288.4M
Aannual revenue
Education
Georgia Tech Foundation Inc
Atlanta, GA
$282.8M
B+annual revenue
Compare Savannah College of Art and Design Inc
Frequently asked questions
- Is Savannah College of Art and Design Inc a legitimate nonprofit?
- Yes. Savannah College of Art and Design Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1357177, based in Savannah, Georgia. Donations are tax-deductible.
- What is Savannah College of Art and Design Inc's EIN?
- Savannah College of Art and Design Inc's Employer Identification Number (EIN) is 58-1357177.
- How much revenue does Savannah College of Art and Design Inc report?
- Savannah College of Art and Design Inc reported $882,534,327 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Savannah College of Art and Design Inc's spending goes to programs?
- Savannah College of Art and Design Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Savannah College of Art and Design Inc have?
- CharityIndex grades Savannah College of Art and Design Inc A, based on program efficiency and fundraising cost.
- How much does Savannah College of Art and Design Inc's highest-paid employee make?
- The highest reported compensation on Savannah College of Art and Design Inc's latest Form 990 is $2,619,101, paid to Paula Wallace (President).
More nonprofits in Savannah
Explore more
Data for Savannah College of Art and Design Inc (EIN 58-1357177) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.