Otis College Of Art And Design

Organization Overview

Otis College Of Art And Design is located in Los Angeles, CA. The organization was established in 1979. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2021, Otis College Of Art And Design employed 1,036 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Otis College Of Art And Design is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Otis College Of Art And Design generated $66.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $67.2m during the year ending 06/2020. While expenses have increased by 3.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

OTIS COLLEGE OF ART AND DESIGN IS A WASC ACCREDITED COLLEGE SPECIALIZING IN ART AND DESIGN EDUCATION, OFFERING BOTH GRADUATE AND UNDERGRADUATE DEGREES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OTIS PREPARES DIVERSE STUDENTS OF ART AND DESIGN TO ENRICH OUR WORLD THROUGH THEIR CREATIVITY, THEIR SKILL, AND THEIR VISION. THE COLLEGE OFFERS AN INTERDISCIPLINARY EDUCATION FOR APPROXIMATELY 1,100 FULL-TIME STUDENTS, AWARDING ACCREDITED BFA DEGREES IN ARCHITECTURE/LANDSCAPE/ INTERIORS, COMMUNICATION ARTS, DIGITAL MEDIA, FASHION DESIGN, FINE ARTS, PRODUCT DESIGN, AND TOY DESIGN; AND MFA DEGREES IN FINE ARTS, GRAPHIC DESIGN, AND WRITING. CONTINUING EDUCATION OFFERS CERTIFICATE PROGRAMS AS WELL AS PERSONAL AND PROFESSIONAL DEVELOPMENT COURSES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bon Appetit Management Company
Food Service Provider
$870,252
Educational Travel Adventures
Student Travel Services
$159,367
All Care Industries Inc
Janitroial Services
$554,829
Typecraft Inc
Design Services
$172,681
Moss Adams Llp
Professional Services
$122,245
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,583,352
Investment income $983,399
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$75,282
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $65,971,720

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Otis College Of Art And Design has recieved totaling $1,000.

Awarding OrganizationAmount
Steven Paul Friedman Foundation

Okemos, MI

PURPOSE: COLLEGE SCHOLARSHIPS

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$19,785,040
Earnings$6,070,816
Other Expense$674,364
Grants$623,588
Ending Balance$24,557,904

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