Nonprofit · EIN 88-2644306
VARSITY MEDIA FOUNDATION
Tax-exempt · CAREFREE, AZ 85377
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $175,063 | $156,519 | $18,544 | $88,064 | $11,607 | $76,457 |
| December 31, 2024 | 990-EZ | $170,200 | $127,628 | $42,572 | $67,913 | $10,000 | $57,913 |
| December 31, 2023 | 990-EZ | $111,026 | $116,254 | -$5,228 | $25,341 | $10,000 | $15,341 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $12,048
- Program service revenue
- $161,723
- Other revenue
- $1,292
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $109,662
- Printing, publications and postage
- $840
- Other expenses
- $46,017
- Program services (functional)
- $142,545
Balance sheet and other
- Total assets, start of year
- $67,913
- Total assets, end of year
- $88,064
- Total liabilities, end of year
- $11,607
- Net assets, end of year
- $76,457
- Cash, savings and investments
- $86,244
- Gross receipts
- $175,063
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VINCENZO D'ALIESIO | CEO | 20 | $0 |
| DR HERBERT HITCHON | TREASURER | 10 | $0 |
| EUGENE PEREZ-BEALE | SECRETARY | 5 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VINCENZO D'ALIESIO | CEO | 25 | $0 |
| CRAIG ESSES | TREASURER | 5 | $0 |
| HERBERT HITCHON | DIRECTOR | 5 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VINCENZO D'ALIESIO | CEO | 40 | $0 |
| CRAIG ESSES | TREASURER | 10 | $0 |
| HERBERT HITCHON | DIRECTOR | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3361, CAREFREE, AZ 85377-3361
- In care of
- % VINCENZO DALIESIO
- Signed the 990-EZ
- VINCENZO D'ALIESIO, CEO
- Phone
- (480) 220-4629
- Website
- VarsitySportsShow.com
- Return prepared by
- SECHLER MORGAN CPAS PLLC
Mission
EDUCATE IN VARSITY MEDIA
Program accomplishments
- WE CONTINUED TO GROW WITH THE PARTNER UNIVERSITIES THAT WE PROVIDE INTERNSHIPS FOR BECAME ASU-CRONKITES MOST POPULAR INTERNSHIP PROVIDER WITH 100 COLLEGE STUDENT INTERNS FOR THE ACADEMIC YEAR 2025-26.Expenses $142,545
- GROWTH OCCURRED AT BOTH THE UNIVERSITY OF NEVADA, LAS VEGAS, GREENSPUN SCHOOL OF URBAN AFFAIRS, AND THE UNIVERSITY OF ARIZONA JOURNALISM SCHOOL.
- WE ALSO EXPANDED FOOTPRINT IN SOUTHERN NEVADA AND ARIZONA AS A DESTINATION TO DEVELOP BROADCAST JOURNALISTS.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-2644306
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A30)
- Assets (IRS master file)
- $88,064
- Income (IRS master file)
- $175,063
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $175,063 | $156,519 | $88,064 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990-EZ | December 2024 | $170,200 | $127,628 | $67,913 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-EZ | December 2023 | $111,026 | $116,254 | $25,341 | XML |
| 990-EZ | December 2022 | – | – | – | 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 88-2644306).
Questions about VARSITY MEDIA FOUNDATION
- What is the EIN of VARSITY MEDIA FOUNDATION?
- The employer identification number (EIN) of VARSITY MEDIA FOUNDATION is 88-2644306.
- Is VARSITY MEDIA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to VARSITY MEDIA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VARSITY MEDIA FOUNDATION 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 VARSITY MEDIA FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VARSITY MEDIA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of VARSITY MEDIA FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does VARSITY MEDIA FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $175,063, expenses of $156,519 and total assets of $88,064 at year end.
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