THE COLBURN SCHOOL: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- THE COLBURN SCHOOL (EIN 95-2501387)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-05-05
- IRS object ID
- 201601269349301530
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-05T18:32:58-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 CALIFORNIA STREET SUITE 2700 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952501387 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Colburn School | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % KAREN S LOVETT | InCareOfNm |
| Business Name Control | COLB | BusinessNameControlTxt |
| Phone | 2136212200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 South Grand Avenue | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90012 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SETH WEINTRAUB | PersonNm |
| Person Title | CFO/CAO/TREASURER | PersonTitleTxt |
| Phone | 2136212200 | PhoneNum |
| Signature | 2016-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rosemarie Brown | PreparerPersonNm |
| PTIN | P01278077 | PTIN |
| Phone | 4159863900 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Sel Kardan | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 South Grand Avenue | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90012 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $105,539,959 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.colburnschool.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1951 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | The Colburn School is a performing arts school with acclaimed faculty that provides students with the highest quality performing arts education. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 391 | TotalEmployeeCnt |
| Total Volunteers | 85 | TotalVolunteersCnt |
| Total Gross UBI | $160,264 | TotalGrossUBIAmt |
| PY Contributions Grants | $36,805,156 | PYContributionsGrantsAmt |
| CY Contributions Grants | $32,951,822 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,081,794 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $11,904,108 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,627,012 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,969,986 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,572,334 | PYOtherRevenueAmt |
| CY Other Revenue | $1,628,347 | CYOtherRevenueAmt |
| PY Total Revenue | $59,086,296 | PYTotalRevenueAmt |
| CY Total Revenue | $62,454,263 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,279,874 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,549,388 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,431,057 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,190,218 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $60,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $60,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,380,401 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $17,708,567 | PYOtherExpensesAmt |
| CY Other Expenses | $18,488,278 | CYOtherExpensesAmt |
| PY Total Expenses | $39,479,498 | PYTotalExpensesAmt |
| CY Total Expenses | $42,287,884 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $19,606,798 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $20,166,379 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $370,839,778 | TotalAssetsBOYAmt |
| Total Assets EOY | $367,663,009 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $148,256,068 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $150,437,990 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $222,583,710 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $217,225,019 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE COLBURN SCHOOL PROVIDES WORLD CLASS PERFORMING ARTS IN LOS ANGELES. EXTRACURRICULAR EDUCATION IS PROVIDED TO MORE THAN 2,000 DIVERSE STUDENTS THROUGH THE SCHOOL OF PERFORMING ARTS, THE ACADEMY, AND THE ADULT STUDIES DIVISION. THE CONSERVATORY PROVIDES DEGREED MUSIC EDUCATION TO GIFTED PUPILS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $37,552,224 | ExpenseAmt |
| Grant | $6,549,388 | GrantAmt |
| Revenue | $11,904,108 | RevenueAmt |
| Desc | The Colburn School of Performing Arts offers instruction in the performing arts for students of all ages and community service programs which bring music to under-served children in inner city schools. The school of performing arts was organized in the 1950's and offers classes, lessons and workshops in music, dance, drama and voice to approximately 1,800 students ranging in age from toddler to adult. Opened in 2003, the Colburn Conservatory of Music is one of the nation's leading conservatories for highly talented college-age students pursuing the most rigorous classical music instrumental performance training. Conservatory programs range from two to four years in length and result in either a bachelor of music degree, master's degree, performance diploma, artist's diploma or professional studies certificate. The Conservatory is accredited by the National Association of Schools of Music. The Colburn School Music Academy began in 2011 and offers a comprehensive curriculum of classes taught by prestigious, world-renowned artist faculty designed to develop pre-college age students as well rounded musicians. This year, the Colburn School began the Dance Academy that offers intensive, exceptional training for pre-professional ballet dancers preparing for careers in dance. | Desc |
| Total Program Service Expenses | $37,552,224 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 143 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 391 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAREN S LOVETT | PersonNm |
| Phone | 2136211046 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SOUTH GRAND AVENUE | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90012 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Carol Colburn Grigor | |||||||||
| Chairperson | 1.0 | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Andrew Millstein | |||||||||
| Vice Chairman | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Robert S Attiyeh | |||||||||
| Board Member | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Daniel L Avchen | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David N Barry | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Thomas L Beckmen | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Adele Binder | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David D Colburn | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Richard W Colburn | |||||||||
| Board Member | 1.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Alice Coulombe | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jennifer F Diener | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Placido Domingo | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Richard A Grant | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Warner W Henry | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Catherine Colburn Hogel | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Eugene I Krieger | |||||||||
| Board Member | 1.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Aliza Lesser | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Robert Lewis | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Steven F Matt | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Charles Read | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Elizabeth Redleaf | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ann Ronus | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Marc L Sandman | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Keith Terasaki | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jim Ward | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Peter W Wardle | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jonathan Weedman | |||||||||
| BOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BRADLEY H ELLIS | |||||||||
| BOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Sel Kardan | |||||||||
| President & CEO | 40.0 | 0.0 | Yes (X) | $379,510 | $0 | $47,676 | |||
| Seth Weintraub | |||||||||
| CFO/CAO/Treasurer | 40.0 | 0.0 | Yes (X) | $235,527 | $0 | $13,873 | |||
| Linda Cormier | |||||||||
| Board of Directors Secretary | 40.0 | 0.0 | Yes (X) | $140,153 | $0 | $9,388 | |||
| Richard Beene | |||||||||
| Dean, Conservatory of Music | 40.0 | 0.0 | $286,414 | $0 | $20,703 | Yes (X) | |||
| Allison Sampson | |||||||||
| Senior VP of Advancement | 40.0 | 0.0 | $210,474 | $0 | $16,497 | Yes (X) | |||
| Robert Lipsett | |||||||||
| Professor | 40.0 | 0.0 | $335,588 | $0 | $20,928 | Yes (X) | |||
| Ronald Leonard | |||||||||
| Professor | 40.0 | 0.0 | $225,956 | $0 | $12,722 | Yes (X) | |||
| Ory Shihor | |||||||||
| Academy Director/Professor | 40.0 | 0.0 | $220,061 | $0 | $18,978 | Yes (X) | |||
| Yehuda Gilad | |||||||||
| Professor | 40.0 | 0.0 | $200,718 | $0 | $13,050 | Yes (X) | |||
| Clive Greensmith | |||||||||
| Professor | 40.0 | 0.0 | $200,602 | $0 | $16,159 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,435,003 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $189,974 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 29 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Nastec Strategic Security Solutions | |||||
| 23945 Calabasas Rd Suite 208 | CALABASAS | CA | 91302 | Security | $961,505 |
| Cambridge Associates | |||||
| 2730 Sand Hill Road Suite 200 | MENLO PARK | CA | 94025 | Investment Mgmt. | $541,619 |
| Peerless Building Maintenance | |||||
| 21020 Superior St | CHATSWORTH | CA | 91311 | Building Janitorial | $582,360 |
| Addis | |||||
| 2612-A 8th Street | BERKELEY | CA | 94710 | Branding Consultant | $247,571 |
| Integrity Automated Solutions | |||||
| 2500 E Imperial Hwy 201-313 | BREA | CA | 928216122 | Building Maintenance | $233,469 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $978,098 | FundraisingAmt |
| Related Organizations | $24,768,235 | RelatedOrganizationsAmt |
| All Other Contributions | $7,205,489 | AllOtherContributionsAmt |
| Noncash Contributions | $256,914 | NoncashContributionsAmt |
| Total Contributions | $32,951,822 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION INCOME | 611600 | $11,290,260 | $11,290,260 |
| RENTAL INCOME | 531120 | $613,848 | $613,848 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $11,904,108 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,516,431 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $160,264 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,356,167 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $52,214,797 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $42,761,242 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,453,555 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,453,555 | TotalRevenueColumnAmt |
| Exclusion | $9,453,555 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $116,000 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $978,098 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $324,454 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$208,454 | TotalRevenueColumnAmt |
| Exclusion | -$208,454 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| CAFE REVENUE | 722514 | $1,623,550 | $1,623,550 |
| TICKET SALES | 900099 | $94,386 | $94,386 |
| FILM SHOOTS | 900099 | $11,470 | $11,470 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $107,395 | TotalRevenueColumnAmt |
| Exclusion | $107,395 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,836,801 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,454,263 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,904,108 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $160,264 | UnrelatedBusinessRevenueAmt |
| Exclusion | $17,438,069 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,549,388 | TotalAmt |
| Program Services | $6,549,388 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,421,725 | TotalAmt |
| Program Services | $203,460 | ProgramServicesAmt |
| Management And General | $973,346 | ManagementAndGeneralAmt |
| Fundraising | $244,919 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,430,169 | TotalAmt |
| Program Services | $11,373,241 | ProgramServicesAmt |
| Management And General | $475,027 | ManagementAndGeneralAmt |
| Fundraising | $581,901 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $491,813 | TotalAmt |
| Program Services | $436,796 | ProgramServicesAmt |
| Management And General | $23,995 | ManagementAndGeneralAmt |
| Fundraising | $31,022 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,795,108 | TotalAmt |
| Program Services | $1,413,309 | ProgramServicesAmt |
| Management And General | $328,241 | ManagementAndGeneralAmt |
| Fundraising | $53,558 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,051,403 | TotalAmt |
| Program Services | $907,660 | ProgramServicesAmt |
| Management And General | $84,091 | ManagementAndGeneralAmt |
| Fundraising | $59,652 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,516 | TotalAmt |
| Program Services | $86,746 | ProgramServicesAmt |
| Management And General | $885 | ManagementAndGeneralAmt |
| Fundraising | $885 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,285 | TotalAmt |
| Program Services | $11,640 | ProgramServicesAmt |
| Management And General | $63,595 | ManagementAndGeneralAmt |
| Fundraising | $50 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,466 | TotalAmt |
| Program Services | $11,760 | ProgramServicesAmt |
| Management And General | $81,586 | ManagementAndGeneralAmt |
| Fundraising | $120 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,000 | TotalAmt |
| Fundraising | $60,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $942,833 | TotalAmt |
| Management And General | $942,833 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,699,714 | TotalAmt |
| Program Services | $2,550,953 | ProgramServicesAmt |
| Management And General | $69,078 | ManagementAndGeneralAmt |
| Fundraising | $79,683 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,165 | TotalAmt |
| Program Services | $116,794 | ProgramServicesAmt |
| Management And General | $2,603 | ManagementAndGeneralAmt |
| Fundraising | $50,768 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $619,496 | TotalAmt |
| Program Services | $535,981 | ProgramServicesAmt |
| Management And General | $31,185 | ManagementAndGeneralAmt |
| Fundraising | $52,330 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,700 | TotalAmt |
| Program Services | $129,514 | ProgramServicesAmt |
| Management And General | $5,968 | ManagementAndGeneralAmt |
| Fundraising | $1,218 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,571,632 | TotalAmt |
| Program Services | $1,486,466 | ProgramServicesAmt |
| Management And General | $69,890 | ManagementAndGeneralAmt |
| Fundraising | $15,276 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $287,932 | TotalAmt |
| Program Services | $261,954 | ProgramServicesAmt |
| Management And General | $10,523 | ManagementAndGeneralAmt |
| Fundraising | $15,455 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,147 | TotalAmt |
| Program Services | $13,189 | ProgramServicesAmt |
| Management And General | $7,974 | ManagementAndGeneralAmt |
| Fundraising | $3,984 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,319,870 | TotalAmt |
| Program Services | $3,253,472 | ProgramServicesAmt |
| Management And General | $33,199 | ManagementAndGeneralAmt |
| Fundraising | $33,199 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,602,910 | TotalAmt |
| Program Services | $4,510,852 | ProgramServicesAmt |
| Management And General | $46,029 | ManagementAndGeneralAmt |
| Fundraising | $46,029 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $461,019 | TotalAmt |
| Program Services | $451,799 | ProgramServicesAmt |
| Management And General | $4,610 | ManagementAndGeneralAmt |
| Fundraising | $4,610 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| INSTRUMENTS | $207,451 | $207,451 | ||
| SUBSCRIPTIONS | $79,954 | $46,477 | $32,742 | $735 |
| EQUIPMENT & FURNITURES | $76,773 | $76,309 | $232 | $232 |
| UBI TAXES | $972 | $972 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,028,443 | TotalAmt |
| Program Services | $2,917,013 | ProgramServicesAmt |
| Management And General | $66,655 | ManagementAndGeneralAmt |
| Fundraising | $44,775 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,287,884 | TotalAmt |
| Program Services | $37,552,224 | ProgramServicesAmt |
| Management And General | $3,355,259 | ManagementAndGeneralAmt |
| Fundraising | $1,380,401 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,654,484 | BOYAmt |
| EOY | $5,861,461 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,482,936 | BOYAmt |
| EOY | $31,796,079 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $625,000 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $430,460 | BOYAmt |
| EOY | $394,878 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $156,813,023 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $42,877,819 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,915,187 | BOYAmt |
| EOY | $113,935,204 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,335,790 | BOYAmt |
| EOY | $130,401,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,436,697 | BOYAmt |
| EOY | $83,483,786 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,584,224 | BOYAmt |
| EOY | $1,165,601 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $370,839,778 | BOYAmt |
| EOY | $367,663,009 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,572,949 | BOYAmt |
| EOY | $1,512,506 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $511,304 | BOYAmt |
| EOY | $552,437 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,985,000 | BOYAmt |
| EOY | $130,985,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,186,815 | BOYAmt |
| EOY | $17,388,047 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,256,068 | BOYAmt |
| EOY | $150,437,990 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,951,567 | BOYAmt |
| EOY | $130,193,307 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,647,485 | BOYAmt |
| EOY | $30,612,960 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,984,658 | BOYAmt |
| EOY | $56,418,752 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,583,710 | BOYAmt |
| EOY | $217,225,019 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $370,839,778 | BOYAmt |
| EOY | $367,663,009 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $20,166,379 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$21,864,261 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$3,660,809 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $206,073,572 | BeginningYearBalanceAmt |
| Contributions | $2,434,094 | ContributionsAmt |
| Investment Earnings Or Losses | -$6,724,639 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $213,541 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,386,459 | OtherExpendituresAmt |
| End Year Balance | $195,183,027 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $159,119,724 | BeginningYearBalanceAmt |
| Contributions | $20,533,953 | ContributionsAmt |
| Investment Earnings Or Losses | $34,531,826 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $137,602 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,974,329 | OtherExpendituresAmt |
| End Year Balance | $206,073,572 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $145,832,328 | BeginningYearBalanceAmt |
| Contributions | $56,580 | ContributionsAmt |
| Investment Earnings Or Losses | $18,269,104 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $132,870 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,905,418 | OtherExpendituresAmt |
| End Year Balance | $159,119,724 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $153,166,240 | BeginningYearBalanceAmt |
| Contributions | $51,611 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,663,931 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $117,639 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,603,953 | OtherExpendituresAmt |
| End Year Balance | $145,832,328 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $121,353,360 | BeginningYearBalanceAmt |
| Contributions | $4,001 | ContributionsAmt |
| Investment Earnings Or Losses | $35,654,999 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $101,241 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,744,879 | OtherExpendituresAmt |
| End Year Balance | $153,166,240 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.64924 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.28906 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.06170 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (true) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (true) | RelatedOrgListSchRInd |
| Land | LandGrp |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $138,215,064 | OtherCostOrOtherBasisAmt |
| Depreciation | $32,200,085 | DepreciationAmt |
| Book Value | $106,014,979 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,098,174 | OtherCostOrOtherBasisAmt |
| Depreciation | $808,713 | DepreciationAmt |
| Book Value | $1,289,461 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,259,446 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,878,519 | DepreciationAmt |
| Book Value | $3,380,927 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,240,339 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,990,502 | DepreciationAmt |
| Book Value | $3,249,837 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $113,935,204 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER SECURITIES | Desc |
| Book Value | $83,483,786 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $83,483,786 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST RATE SWAP AGREEMENT | Desc |
| Amt | $17,388,047 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $17,388,047 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $23,963,053 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$21,864,261 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$15,684,116 | OtherRevenueAmt |
| Revenue Not Reported | -$37,548,377 | RevenueNotReportedAmt |
| Revenue Subtotal | $61,511,430 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $942,833 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $942,833 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $62,454,263 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $32,860,935 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $32,860,935 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $942,833 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $8,484,116 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $9,426,949 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,287,884 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Use of Endowment Funds | Schedule D, Part V, Line 4: The School's endowment is established for a variety of purposes including various support, Department Chair endowments, scholarship support, and core programs. |
| FIN 48 (ASC 740) Footnote | Schedule D, Part X, Line 2: The School is an education organization for federal and state income, gift, estate and inheritance purposes and has been recognized by the Internal Revenue Service as an organization that is exempt from income tax pursuant to Section 501(c)(3) of the Internal Revenue Code, and has also been recognized by the Franchise Tax Board as an organization that is exempt from income and franchise taxes pursuant to California Revenue and Taxation Code Section 23701d, except with respect to any unrelated business income. In addition, the School is exempt from California property taxes on its real and personal property used for educational purposes. As of June 30, 2015, the School has a tax net operating loss carryover from unrelated business activities of $1,407,829 for Federal purposes and $2,275,808 for California purposes. The tax net operating loss carryover will begin to expire June 30, 2031 for Federal purposes and June 30, 2029 for California purposes. In July 2006, FASB issued ASC Topic No. 740, Accounting for Uncertainty in Income Taxes (ASC 740), which requires entities to determine whether it is "more likely than not" that a tax position will be sustained upon examination by the appropriate taxing authorities. An uncertain tax position will not be recognized if it has less than 50% likelihood of being sustained. The School adopted the provisions of ASC 740 on July 1, 2007. Adoption of this provision did not have an impact on the School's financial statements, as management believes there are no uncertain tax positions within its financial statements. There have been no material changes in unrecognized benefits as of the year ended June 30, 2015 and the year ended June 30, 2014, nor are any anticipated in the 12 months following June 30, 2015. There have been no related tax penalties or interest, which would be classified as tax expenses in the statement of activities. The open federal and state tax years are as follows: Jurisdiction Open Tax Years Federal - US June 30, 2012 through June 30, 2015 California June 30, 2011 through June 30, 2015 |
| Reconciliation of Revenue per Audited Financial Statements | Schedule D, Part XI, Line 2d: Expenses from rental activity $(168,628), caf expenses $(1,766,100), distribution from Colburn Music Fund $(6,800,000), and scholarships $(6,549,388) netted with respective revenue, gains, and other support line item on audited financial statements, but reported as expenses and losses on return. Additionally, $(400,000) of a write-off of a pledge receivable, which is excluded from revenues on the Form 990 and shown in the reconciliation of net assets. |
| Reconciliation of Expenses per Audited Financial Statements | Schedule D, Part XII, Line 4b: Expenses from rental activity $(168,628), caf expenses $(1,766,100), and scholarships $(6,549,388) netted with respective revenue, gains, and other support line item on audited financial statements, but reported as expenses and losses on return. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Racially Nondiscriminatory Policy | FormAndLineReferenceDesc |
| Explanation | Schedule E, Part I, Line 3: The school annually runs an advertisement in the Daily News and posts our nondiscriminatory policy on our own website and in our promotional materials. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean | RegionTxt |
| Type Of Activities Conducted | Investments | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $26,073,894 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $26,073,894 | SubtotalSpentAmt |
| Total Spent | $26,073,894 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Feldsteinco LLC | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 N Michigan Avenue Ste 1650 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CONSULTING | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Retained By Contractor | $60,000 | RetainedByContractorAmt |
| Net To Organization | -$60,000 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $60,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$60,000 | TotalNetToOrganizationAmt |
| Licensed States | CA | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Annual Gala | Event1Nm |
| Gross Receipts Event1 | $930,294 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $836,794 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $93,500 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $51,892 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $179,161 | OtherDirectExpensesEvent1Amt |
| Event2 | Taste of Colbur | Event2Nm |
| Gross Receipts Event2 | $163,804 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $141,304 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $22,500 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $872 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $92,529 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $1,094,098 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $978,098 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $116,000 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $52,764 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $271,690 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $324,454 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$208,454 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Conservatory Scholarship | 113 | $5,755,425 |
| CSPA Scholarship | 351 | $616,938 |
| ACADEMY SCHOLARSHIP | 26 | $177,025 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Procedures for Monitoring the Use of Grant Funds in the U.S. | FormAndLineReferenceDesc |
| Explanation | Schedule I, Part I, Line 2: Financial Aid / Grants are awarded based on need (as evidenced by application and supporting documents), and provided based on supported (receipts) expenses for approved travel, books and health insurance. Stipends for meals are set by allowance. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sel Kardan | ||||||||||||||
| President & CEO | $373,700 | $0 | $0 | $0 | $5,810 | $0 | $12,104 | $0 | $35,572 | $0 | $427,186 | $0 | $0 | $0 |
| Seth Weintraub | ||||||||||||||
| CFO/CAO/Treasurer | $233,489 | $0 | $0 | $0 | $2,038 | $0 | $11,674 | $0 | $2,199 | $0 | $249,400 | $0 | $0 | $0 |
| Richard Beene | ||||||||||||||
| Dean, Conservatory of Music | $285,749 | $0 | $0 | $0 | $665 | $0 | $12,747 | $0 | $7,956 | $0 | $307,117 | $0 | $0 | $0 |
| Allison Sampson | ||||||||||||||
| Senior VP of Advancement | $208,658 | $0 | $0 | $0 | $1,816 | $0 | $10,561 | $0 | $5,936 | $0 | $226,971 | $0 | $0 | $0 |
| Robert Lipsett | ||||||||||||||
| Professor | $334,832 | $0 | $0 | $0 | $756 | $0 | $12,951 | $0 | $7,977 | $0 | $356,516 | $0 | $0 | $0 |
| Ronald Leonard | ||||||||||||||
| Professor | $225,659 | $0 | $0 | $0 | $297 | $0 | $10,785 | $0 | $1,937 | $0 | $238,678 | $0 | $0 | $0 |
| Ory Shihor | ||||||||||||||
| Academy Director/Professor | $219,591 | $0 | $0 | $0 | $470 | $0 | $11,236 | $0 | $7,742 | $0 | $239,039 | $0 | $0 | $0 |
| Yehuda Gilad | ||||||||||||||
| Professor | $200,243 | $0 | $0 | $0 | $475 | $0 | $10,171 | $0 | $2,879 | $0 | $213,768 | $0 | $0 | $0 |
| Clive Greensmith | ||||||||||||||
| Professor | $200,044 | $0 | $0 | $0 | $558 | $0 | $0 | $0 | $16,159 | $0 | $216,761 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Discretionary Spending Account | Schedule J, Part I, Line 1a: A discretionary spending account in the form of an auto allowance is provided to the President & CEO only. The payments are reported on his Form W-2 as taxable compensation. |
| Substantiation Prior to Reimbursing or Allowing Expenses Incurred | Schedule J, Part I, Line 2: Expense reimbursement follows IRS guidelines for an accountable plan; requiring authorization, authentication of business purpose and substantiation with receipts. The auto allowance for the President & CEO does not fall under our accountable plan, and is, therefore, taxed to the President & CEO. |
| Severance Arrangements | Schedule J, Part I, Line 4a: The President & CEO has a severance provision as part of his employment contract. Except in situations where the employment of the President & CEO is terminated for cause, by death or by disability, in the event that the school terminates his employment at any time, the President & CEO will be eligible to receive an amount equal to twelve months of the then-current base salary in the form of salary continuation, and continuation of benefits for twelve months. Such severance shall be reduced by any remuneration paid to or benefits provided to the President & CEO because of his/her employment or self-employment during the severance period. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| CIEDB SERIES 2015A | ||||||||
| A | 630304653 | 13034AFN5 | 2015-05-01 | $66,060,000 | REFUNDING OF SERIES 2008 BONDS | false | false | false |
| CIEDB Series 2015B | ||||||||
| B | 630304653 | 13034afp0 | 2015-05-01 | $64,925,000 | REFUNDING OF SERIES 2011 BONDS | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $66,060,000 | $0 | $0 | $0 | $488,124 | $0 | $0 | $0 | $0 | $0 | 2015 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $64,925,000 | $0 | $0 | $0 | $479,738 | $0 | $0 | $0 | $0 | $0 | 2015 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | Yes (true) | Yes (true) | Yes (true) | false | 0.01700 | 0.01700 | false | false | false | Yes (true) |
| B | false | Yes (true) | Yes (true) | Yes (true) | false | 0.01800 | 0.01800 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||||
| A | false | false | Yes (true) | false | Yes (true) | false | false | 0 | false | Yes (true) |
| 0 | ||||||||||
| B | false | false | Yes (true) | false | Yes (true) | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, COLUMN F | The 2015 Series A and B bonds (issued on May 27, 2015) were used to redeem both the Series 2008 bonds (issued on December 9, 2008) as well as the Series 2011 bonds (which were originally issued to redeem Series 2006 bonds issued on November 30, 2006). |
| SCHEDULE K, PART III, LINE 7 | As provided in Treasury Regulation Section 1.141-4(c)(2)(i)(B), the amount of private payments taken into account under the private payment test may not exceed the amount of private business use and/or unrelated trade or business use. Accordingly, the amount of private payments for the reporting period does not exceed the amount stated in Part III, Line 6. The organization has not undertaken an analysis of the private security test with respect to the bonds, as the level of private business use and/or unrelated trade or business reported in Part III, Line 6 is not in excess of amounts permitted under Section 145 of the Code. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEL KARDAN | PersonNm |
| Relationship With Org | PRESIDENT | RelationshipWithOrgTxt |
| Loan Purpose | HOUSING LOAN | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $625,000 | OriginalPrincipalAmt |
| Balance Due | $625,000 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $625,000 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $253,914 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Israel Bond | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Bond Value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Relationship among board members, officers, and key employees | Form 990, Part VI, Section A, Line 2: Board Member Catherine Colburn Hogel is the daughter of Board Chairperson Carol Colburn Grigor. Board Members Richard W. Colburn and David D. Colburn are brothers of Carol Colburn Grigor and Uncles of Catherine Colburn Hogel. |
| Form 990 Review Process | Form 990, Part Vi, Section B, line 11b: The Form 990 is completed annually and reviewed by the CFO/CAO with the President & CEO and the Audit Committee. Once the CFO/CAO, President & CEO, and Audit Committee are in agreement on the final 990, copies are provided to the entire governing board, prior to it being filed. The Audit Committee reviews the 990 with the governing board. Once the 990 is considered final, the CFO/CAO will sign the return, or the authorization form for electronic filing, and submit by the filing deadline. |
| Written Conflict of Interest Policy | Form 990, Part Vi, Section B, Line 12c: Board members are required to disclose conflicts on the Conflicts of Interest Questionnaire. If conflicts are disclosed or otherwise brought to their attention, the board will review the potential conflict. It may determine that a conflict exists, but poses no risk of harm to the School or that some remedial action or intervention is necessary. The board documents discussion of the potential conflict and its resolution. The School also requires periodic review of transactions and relationships to ensure that there are no conflicts of interest. |
| Determination of Compensation | Form 990, Part VI, Section B, Lines 15a and 15b: The process for reviewing and approving compensation includes review and approval by the board of directors and/or compensation committee of the board, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in the review and approval. We use comparable compensation data (including Form 990's of other organizations and compensation surveys) for similarly qualified individuals in functionally comparable positions at similarly situated organizations; independent compensation consultants; and contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement is maintained. |
| Disclosure of Organizational Documents to the Public | Form 990, Part VI, Section C, Line 19: Governing documents and conflict of interest policy of the school, subject to the Federal or California state public disclosure rules, are made publicly available as the applicable law may require. Otherwise, governing documents and conflict of interest policy are provided to the public at the discretion of management. The financial statements and Form 990 of the School are publicly available as required by federal and state public disclosure rules. The School's website contains a statement to this effect and invites the public to contact the School if they wish to have this information. Upon receipt of an email, regular mail or telephone inquiry, the School sends the requested information as required. |
| Reconciliation of Net Assets | Form 990, Part XI, Line 9: Unrealized Loss on Interest Rate Swap Related To Bonds: $(2,201,232) LOSS ON EXTINGUISHMENT/RESTRUCTURE OF DEBT: $(1,059,577) WRITE-OFF OF PLEDGE RECEIVABLE: $(400,000) |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Colburn Music Fund | ||||||||||
| 1000 Wilshire Blvd Suite 555 | Los Angeles | CA | 90017 | 954804766 | Private Fdn | CA | 501(c)(3) | 08 | Colburn Schl | false |
| COLBURN FOUNDATION | ||||||||||
| 1000 WILSHIRE BLVD SUITE 555 | LOS ANGELES | CA | 90017 | 954693145 | Private Fdn | CA | 501(c)(3) | 08 | Colburn Schl | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |