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Nonprofit · EIN 58-1357177

SAVANNAH COLLEGE OF ART AND DESIGN INC

Tax-exempt · SAVANNAH, GA 31401

Financials

$776.8M$556.7M2022$882.5M$628.3M2023$952.8M$699.4M2024
Revenue Expenses · by fiscal year end
Financials of SAVANNAH COLLEGE OF ART AND DESIGN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$952,827,667$699,373,327$253,454,340$2,341,537,974$282,614,568$2,058,923,406
June 30, 2024990$882,534,327$628,340,257$254,194,070$2,088,314,309$282,686,280$1,805,628,029
June 30, 2023990$776,798,715$556,719,421$220,079,294$1,850,705,072$299,112,213$1,551,592,859
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,505,066
Program service revenue
$861,521,432
Investment income
$82,297,690
Net rental income
$576,570
Net gain from sales of assets
$47,707,871
Net income from sales of inventory
$1,546,124
Tax-exempt bond proceeds
$189
Other revenue
$4,503,479

Expenses

Grants and similar amounts paid
$181,449,327
Compensation of officers, directors and key employees
$9,122,201
Other salaries and wages
$184,650,029
Salaries, compensation and benefits (total)
$238,258,283
Professional fundraising fees
$0
Legal fees
$2,222,765
Accounting fees
$287,356
Occupancy
$20,621,015
Travel
$16,495,184
Depreciation
$67,776,061
Program services (functional)
$593,387,126
Management and general (functional)
$105,232,734
Fundraising (functional)
$753,467

Balance sheet and other

Total assets, start of year
$2,088,314,309
Total assets, end of year
$2,341,537,974
Total liabilities, end of year
$282,614,568
Net assets, end of year
$2,058,923,406
Land, buildings and equipment
$1,174,099,159
Publicly traded securities
$872,313,772
Net assets without donor restrictions
$2,027,972,013
Net assets with donor restrictions
$30,951,393
Gross unrelated business income
$1,611,041
Gross receipts
$1,600,226,635
Employees
4,282
Volunteers
4,030
Year formed
1978
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Paula S WallacePresident
Officer
60$5,693,816$42,189
Jeffery Josiah WallerCFO
Officer
50$999,577$42,502
Lesley Camille HanakChief Human Resources Officer
Key employee
50$771,832$42,409
Jason FoxChief Academic Officer
Officer
50$728,114$22,243
Hannah FlowerVP of SCAD Atlanta / General Counsel
Key employee
50$708,006$42,343
John Paul RowanChief Marketing Officer
Highest-paid employee
50$627,441$41,671
Bradford GrantSR. VP for IT
Highest-paid employee
50$596,411$41,377
Gokhan OzaysinSr. VP Academic Quality
Highest-paid employee
50$475,577$42,698
Kari L HerrinSR. VP Brand Experience
Highest-paid employee
50$458,647$37,585
Steve MineoSr. VP Admission
Highest-paid employee
50$431,807$28,827
Glenn E Wallace JrFormer Chief Operating Officer
Former
50$243,729$7,962
Carmen StowersSecretary
Officer
50$191,329$29,917
Alan B Whitaker IIITrustee
Trustee or director
2$0$0
Anita ThomasTrustee
Trustee or director
2$0$0
John G Kennedy IIITrustee
Trustee or director
2$0$0
6 more people on this return
NameTitleHours / weekCompensation
Lucy CooksonTrustee
Trustee or director
2$0
Michael Bishop JDTrustee
Trustee or director
2$0
Michael Metzner MDChairman of the Board
Trustee or director
2$0
Sally Waranch RajcicTrustee
Trustee or director
2$0
Stuart SaundersTrustee
Trustee or director
2$0
Veronica BigginsTrustee
Trustee or director
2$0
990 for the year ended June 30, 2024: 21 people
NameTitleHours / weekCompensationOther / benefits
PAULA WALLACEPRESIDENT
Officer
60$2,619,101$19,800
JEFFREY JOSIAH WALLERCHIEF FINANCIAL OFFICER
Officer
50$873,259$19,800
GLENN WALLACECHIEF OPERATING OFFICER
Officer
50$783,336$19,800
LESLEY CAMILLE HANAKCHIEF HUMAN RESOURCES OFFI
Key employee
50$639,673$19,800
JASON FOXVP, ACADEMIC SERVICES
Highest-paid employee
40$613,740$19,800
BRADFORD GRANTSR. VP FOR IT
Highest-paid employee
50$523,352$19,371
GOKHAN OZAYSINCHIEF ACADEMIC OFFICER
Key employee
50$503,924$19,800
HANNAH FLOWERVP FOR INT'L STUD SVC & LE
Highest-paid employee
50$448,975$19,800
STEVE MINEOVP FOR ADMISSION
Highest-paid employee
50$377,582$9,051
KERI L HERRINSR. VP, BRAND EXPERIENCE
Highest-paid employee
50$358,826$16,607
JOHN BUCKOVICHVP FOR SCAD UNIVERSITY SAF
Key employee
50$267,140$14,373
MAUREEN GARVINDEAN, FOUNDATIONS & FINE A
Key employee
50$220,778$11,518
CARMEN STOWERSSECRETARY
Officer
50$172,985$8,497
MICHAEL METZNER MDTRUSTEE
Trustee or director
2$0$0
LUCY COOKSONTRUSTEE
Trustee or director
2$0$0
ANITA THOMASTRUSTEE
Trustee or director
2$0$0
JOHN G KENNEDY IIITRUSTEE
Trustee or director
2$0$0
STUART SAUNDERSTRUSTEE
Trustee or director
2$0$0
ALAN B WHITAKER IIITRUSTEE
Trustee or director
2$0$0
VERONICA BIGGINSTRUSTEE
Trustee or director
2$0$0
SALLY WARANCH RAJCICTRUSTEE
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 22 people
NameTitleHours / weekCompensationOther / benefits
PAULA WALLACEPRESIDENT
Officer
60$2,689,255$51,466
GLENN WALLACECHIEF OPERATING OFFICER
Officer
50$835,689$25,119
GOKHAN OZAYSINCHIEF ACADEMIC OFFICER
Key employee
50$812,597$45,514
JEFFREY JOSIAH WALLERCHIEF FINANCIAL OFFICER
Officer
50$706,590$44,337
LESLEY CAMILLE HANAKCHIEF HUMAN RESOURCES OFFI
Highest-paid employee
50$513,181$42,862
BRADFORD GRANTSR. VP FOR IT
Highest-paid employee
50$476,926$42,382
HANNAH FLOWERVP FOR INT'L STUD SVC & LE
Highest-paid employee
50$377,341$26,447
STEVE MINEOVP FOR ADMISSION
Highest-paid employee
50$345,527$38,520
PHILIP JOSEPH ALLETTOFORMER SENIOR VP FOR STUDENT SUCC
Key employee
50$292,567$18,478
JASON FOXVP, ACADEMIC SERVICES
Highest-paid employee
40$284,759$14,316
JOHN BUCKOVICHVP FOR SCAD UNIVERSITY SAF
Key employee
50$265,481$27,922
MAUREEN GARVINDEAN, FOUNDATIONS & FINE A
Key employee
50$223,302$19,935
CARMEN STOWERSSECRETARY
Officer
50$154,845$29,586
GARRY BROWNTRUSTEE
Trustee or director
2$0$0
ROBERT L NARDELLITRUSTEE
Trustee or director
2$0$0
LUCY COOKSONTRUSTEE
Trustee or director
2$0$0
ANITA THOMASTRUSTEE
Trustee or director
2$0$0
JOHN G KENNEDY IIITRUSTEE
Trustee or director
2$0$0
STUART SAUNDERSTRUSTEE
Trustee or director
2$0$0
ALAN B WHITAKER IIITRUSTEE
Trustee or director
2$0$0
VERONICA BIGGINSTRUSTEE
Trustee or director
2$0$0
SALLY WARANCH RAJCICTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
622 DRAYTON ST, SAVANNAH, GA 31401-5703
In care of
% ACCOUNTING DEPARTMENT
Principal officer (990 for 2024)
Paula Wallace, P O Box 3146, Savannah, GA 31402
Signed the 990
Paula Wallace, President
Phone
(912) 525-5000
Return prepared by
Mauldin & Jenkins LLC

Mission

SCAD PREPARES TALENTED STUDENTS FOR CREATIVE PROFESSIONS THROUGH ENGAGED TEACHING AND LEARNING IN A POSITIVELY ORIENTED UNIVERSITY ENVIRONMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $276,139,352 · grants $406,999 · revenue $718,475,713
  • STUDENT AID -- THE UNIVERSITY PROVIDES SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE DIRECTLY FROM THE INSTITUTION.
    Expenses $212,575,683 · grants $181,042,328
  • 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.
    Expenses $104,672,091 · revenue $143,045,719

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
58-1357177
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1979
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$2,341,537,974
Income (IRS master file)
$1,600,226,635

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$952,827,667$699,373,327$2,341,537,974IRS
990-TJune 2025–––IRS
990June 2024$882,534,327$628,340,257$2,088,314,309IRS
990-TJune 2024–––IRS
990June 2023$776,798,715$556,719,421$1,850,705,072XML
990-TJune 2023–––IRS
990June 2022$622,387,162$515,629,941$1,625,921,643IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1357177).

Questions about SAVANNAH COLLEGE OF ART AND DESIGN INC

What is the EIN of SAVANNAH COLLEGE OF ART AND DESIGN INC?
The employer identification number (EIN) of SAVANNAH COLLEGE OF ART AND DESIGN INC is 58-1357177.
Is SAVANNAH COLLEGE OF ART AND DESIGN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to SAVANNAH COLLEGE OF ART AND DESIGN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAVANNAH COLLEGE OF ART AND DESIGN INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SAVANNAH COLLEGE OF ART AND DESIGN INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAVANNAH COLLEGE OF ART AND DESIGN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SAVANNAH COLLEGE OF ART AND DESIGN INC?
The 990 for the year ended June 30, 2025 names Paula Wallace.
Who are the officers and directors of SAVANNAH COLLEGE OF ART AND DESIGN INC?
The 990 for the year ended June 30, 2025 lists 21 people; 12 received compensation from the organization, the highest $5,693,816 (Paula S Wallace, President).
How much revenue does SAVANNAH COLLEGE OF ART AND DESIGN INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $952,827,667, expenses of $699,373,327 and total assets of $2,341,537,974 at year end.

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