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SVA ALUMNI SOCIETY INC

NEW YORK, NY · EIN 237193748 · Form 990 · FY2024 · NTEE A25 · Arts, Culture & Humanities · Small ($100K-$1M) · sva.edu
revenue
$695K
expenses
$419K
net assets
$2.0M
employees
0
volunteers
8
program ratio
50%
mission · from form 990

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.

profile · synthesized from sources

SVA ALUMNI SOCIETY INC supports the School of Visual Arts by administering student scholarships and merit awards, funded through donations solicited from alumni and other supporters. It operates in conjunction with the Alumni Affairs and Development Office at SVA in New York City. The organization focuses on advancing arts education through financial aid programs for students.

named programs · 2 · from sources

What they call their work

Merit Awards
Provides awards to recognize and support outstanding student achievement in visual arts disciplines.
Student Scholarships
Grants need-based and merit-based scholarships to students at the School of Visual Arts.
activities · 4 groups

What they do

  • Admissions and Enrollment Support Services 2 activities
    • Conducts campus and housing tours for prospective students
      Offers in-person two-hour campus tours covering major-specific departments and common spaces, as well as housing tours at the Ludlow Street residence, during summer and fall terms.
    • Provides virtual portfolio review appointments for prospective students
      Offers 30-minute virtual portfolio review sessions to assist prospective students in the admissions process.
  • Arts Education Scholarships 1 activity
    • Administers scholarships and merit awards for SVA students
      Provides financial support to students at the School of Visual Arts through scholarship and merit award programs in partnership with the Alumni Affairs and Development Office.
  • Alumni Community Building 1 activity
    • Engages alumni through programs, events, and promotions
      Conducts ongoing programs, publications, special events, and promotional activities to connect alumni and support the education of future artists, designers, and creative professionals.
  • Website Accessibility Implementation 1 activity
    • Maintains website accessibility in compliance with ADA and WCAG standards
      Implements and upholds web accessibility standards on SVA.edu to ensure access for individuals with disabilities, in accordance with the Americans with Disabilities Act and WCAG 2.0 Level AA guidelines.
financials · form 990 · fy2024
revenue
Total revenue$695K
Contributions & grants$521K75%
Program service revenue$00%
Investment income$174K25%
Other revenue$0
expenses
Total expenses$419K
Program expenses50%
Admin / overhead34%
Fundraising16%
Salaries & benefits$0
Grants paid out$205K
Largest expense lineProfessional Fees
balance sheet
Total assets$1.97M
Cash$316K
Investments$1.51M
Liabilities$705
Net assets$1.97M
Liquid reserves52.3 mo
6 years on record · 2019–2024 · YoY revenue +55.9%
leadership · form 990 part vii · fy2024

Who runs it

board members · 8
  • CHRISTOPHER GROWNEY — BOARD MEMBER
  • DAVID KUHN — SECRETARY
  • GARY WATERSON — BOARD MEMBER
  • KAREN FRIEDMAN AGNIFILO — BOARD MEMBER
  • LYNDA HUGHES — TREASURER
  • MICHAEL HALSBAND — VICE-CHAIRMAN
  • RENEE COX — BOARD MEMBER
  • TODD RADOM — CHAIRMAN
relationships · 6

Who they work with

  • Hoefler&Co Partner — Provider of typefaces used on SVA.edu
  • International Academy of Digital Arts and Sciences Government — Presenting organization of the Webby Awards
  • National Portfolio Day Association Partner — Collaborates with NPDA to participate in portfolio review events across North America and abroad
  • SCHOOL OF VISUAL ARTS Partner — Partnership with the Alumni Affairs and Development Office at the School of Visual Arts to administer scholarships and solicit donations.
  • Visual Arts Press Partner — SVA's in-house design studio responsible for designing SVA.edu
  • World Wide Web Consortium Network — Follows W3C's Web Content Accessibility Guidelines (WCAG) 2.0 Level AA Success Criteria for website accessibility.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Alumni Engagement for Cultural and Educational Advancement
    methodology: alumni_engagement
    By engaging alumni through ongoing programs and events, the organization advances cultural and educational interests and supports the training of future creative professionals, leveraging alumni networks as a resource for student development and institutional mission fulfillment.
  • Institutional Partnership Funding Model
    methodology: institutional-partnership funding model
    By operating as a funding vehicle in partnership with the Alumni Affairs and Development Office, the organization secures donor support for student scholarships and merit awards, leveraging institutional relationships to increase financial resources for student success.