Marymount Of Santa Barbara Inc
- Assets
- $11.2m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 72
- Location
- Santa Barbra, CA
- Founding
- 08/1972
- Data as of
- 06/2021
- EIN
- 23-7154063
Organization Overview
Marymount Of Santa Barbara Inc is located in Santa Barbra, CA. The organization was established in 1972. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Marymount Of Santa Barbara Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marymount Of Santa Barbara Inc 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 06/2021, Marymount Of Santa Barbara Inc generated $6.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $7.2m during the year ending 06/2021. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MARYMOUNT OF SANTA BARBARA IS AN INDEPENDENT SCHOOL FOR CHILDREN FROM AGE 4 THROUGH GRADE 8 THAT PLACES EQUAL VALUE ON THE INTELLECTUAL, SOCIAL-EMOTIONAL, AND ETHICAL DIMENSIONS OF LEARNING TO PREPARE BRIGHT, CONFIDENT,AND CARING YOUNG PEOPLE FOR THE NEXT ADVENTURES OF THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARYMOUNT OF SANTA BARBARA WAS FOUNDED IN 1938 WITH A COMMITMENT TO PROVIDING AN EDUCATION THAT NURTURED STUDENTS ACADEMIC, MORAL, PHYSICAL AND CREATIVE POTENTIAL. TODAY, AS MARYMOUNT CELEBRATES ITS 80TH YEAR IN EXISTENCE, THE FACULTY AND STAFF ARE THOROUGHLY COMMITTED TO THE VALUES FOR WHICH IT WAS FOUNDED AND STILL RESONATES IN OUR MISSION STATEMENT. AT MARYMOUNT, CREATIVE, ENTHUSIASTIC, AND INSPIRING TEACHERS ENGAGE STUDENTS IN THEIR LEARNING, CHALLENGE THEM TO DO THEIR BEST, AND PROVIDE THE NURTURING AND SUPPORT THEY NEED TO SUCCEED. MARYMOUNT TEACHERS TEACH KIDS HOW TO THINK, NOT WHAT TO THINK. MARYMOUNTS FACULTY IS COMPRISED OF 22 FULL-TIME AND SEVEN PART-TIME TEACHERS, WITH 50 PERCENT OF THE FULL-TIME TEACHERS HOLDING A MASTERS DEGREE OR HIGHER. MARYMOUNTS PRISTINE AND HISTORICALLY SIGNIFICANT CAMPUS LOCATION PROVIDES THE OPPORTUNITY FOR OUR LOWER AND MIDDLE SCHOOL DIVISIONS TO HAVE THE APPROPRIATE PROGRAMS AND FACILITIES FOR THEIR LEVELS WHILE STILL ALLOWING FOR COMBINED ACTIVITIES AND EVENTS. OTHER FEATURES UNIQUE TO MARYMOUNT INCLUDE OUR LICENSED JUNIOR KINDERGARTEN PROGRAM, THE CENTER FOR CREATIVE DESIGN AND ENGINEERING (CDEC), A SPACE WHERE STUDENTS CAN DELVE DEEPER INTO HANDS-ON LEARNING IN DESIGN THINKING, ENGINEERING AND SCIENCE, AND A HEATED OUTDOOR SWIMMING POOL THAT ALLOWS FOR SWIMMING AND AQUATIC ACTIVITIES TO BE A PART OF OUR PHYSICAL EDUCATION PROGRAM IN GRADES 1-8, AND ALSO USED FOR AFTER-SCHOOL ATHLETICS AND MIDDLE SCHOOL ELECTIVES. LASTLY, OUR LEARNING SUPPORT PROGRAM, SKILLS APPLICATION CLASSES, AND MIDDLE SCHOOL ADVISORY PROGRAM WORK IN CONCERT TO ADEQUATELY MEET THE NEEDS OF ALL OUR STUDENTS JK-8TH GRADE.
MARYMOUNT OF SANTA BARBARA WAS FOUNDED IN 1938 WITH A COMMITMENT TO PROVIDING AN EDUCATION THAT NURTURED STUDENTS ACADEMIC, MORAL, PHYSICAL AND CREATIVE POTENTIAL. TODAY, AS MARYMOUNT CELEBRATES ITS 80TH YEAR IN EXISTENCE, THE FACULTY AND STAFF ARE THOROUGHLY COMMITTED TO THE VALUES FOR WHICH IT WAS FOUNDED AND STILL RESONATES IN OUR MISSION STATEMENT. AT MARYMOUNT, CREATIVE, ENTHUSIASTIC, AND INSPIRING TEACHERS ENGAGE STUDENTS IN THEIR LEARNING, CHALLENGE THEM TO DO THEIR BEST, AND PROVIDE THE NURTURING AND SUPPORT THEY NEED TO SUCCEED. MARYMOUNT TEACHERS TEACH KIDS HOW TO THINK, NOT WHAT TO THINK. MARYMOUNTS FACULTY IS COMPRISED OF 22 FULL-TIME AND SEVEN PART-TIME TEACHERS, WITH 50 PERCENT OF THE FULL-TIME TEACHERS HOLDING A MASTERS DEGREE OR HIGHER. MARYMOUNTS PRISTINE AND HISTORICALLY SIGNIFICANT CAMPUS LOCATION PROVIDES THE OPPORTUNITY FOR OUR LOWER AND MIDDLE SCHOOL DIVISIONS TO HAVE THE APPROPRIATE PROGRAMS AND FACILITIES FOR THEIR LEVELS WHILE STILL ALLOWING FOR COMBINED ACTIVITIES AND EVENTS. OTHER FEATURES UNIQUE TO MARYMOUNT INCLUDE OUR LICENSED JUNIOR KINDERGARTEN PROGRAM, THE CENTER FOR CREATIVE DESIGN AND ENGINEERING (CDEC), A SPACE WHERE STUDENTS CAN DELVE DEEPER INTO HANDS-ON LEARNING IN DESIGN THINKING, ENGINEERING AND SCIENCE, AND A HEATED OUTDOOR SWIMMING POOL THAT ALLOWS FOR SWIMMING AND AQUATIC ACTIVITIES TO BE A PART OF OUR PHYSICAL EDUCATION PROGRAM IN GRADES 1-8, AND ALSO USED FOR AFTER-SCHOOL ATHLETICS AND MIDDLE SCHOOL ELECTIVES. LASTLY, OUR LEARNING SUPPORT PROGRAM, SKILLS APPLICATION CLASSES, AND MIDDLE SCHOOL ADVISORY PROGRAM WORK IN CONCERT TO ADEQUATELY MEET THE NEEDS OF ALL OUR STUDENTS JK-8TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Broderick Christina Head Of School | Officer | 40 | $272,480 |
Torchin Andrea Associate Head Of School. | 40 | $160,000 | |
Mcfarling Andrea Development Dir. | 40 | $115,500 | |
Brown Beth Business Manager | 40 | $104,000 | |
Seguel Molly Dir. Of Admissions | 40 | $104,000 | |
Dana Margaret Ls Faculty | 40 | $95,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allen Construction Construction | 6/29/21 | $106,414 |
Biggreen Cleaning Company Janitorial Services | 6/29/21 | $172,636 |
Allen Construction Construction | 6/29/21 | $106,414 |
Biggreen Cleaning Company Janitorial Services | 6/29/21 | $172,636 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $213,794 |
| All other contributions, gifts, grants, and similar amounts not included above | $384,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $598,534 |
| Total Program Service Revenue | $5,701,246 |
| Investment income | $55,448 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $118,754 |
| Net Income from Fundraising Events | $236,755 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,711,886 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,052,910 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $460,692 |
| Compensation of current officers, directors, key employees. | $72,908 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,145,114 |
| Pension plan accruals and contributions | $102,706 |
| Other employee benefits | $273,060 |
| Payroll taxes | $256,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,331 |
| Fees for services: Other | $307,063 |
| Advertising and promotion | $132,146 |
| Office expenses | $522,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $180,605 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $76,624 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $508,968 |
| Insurance | $70,364 |
| All other expenses | $10,011 |
| Total functional expenses | $7,231,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,940 |
| Savings and temporary cash investments | $337,760 |
| Pledges and grants receivable | $321,779 |
| Accounts receivable, net | $66,007 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $266,501 |
| Net Land, buildings, and equipment | $8,064,190 |
| Investments—publicly traded securities | $1,955,029 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,249,206 |
| Accounts payable and accrued expenses | $699,987 |
| Grants payable | $0 |
| Deferred revenue | $1,022,769 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,738,501 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,461,257 |
| Net assets without donor restrictions | $5,491,879 |
| Net assets with donor restrictions | $2,296,070 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,249,206 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Marymount Of Santa Barbara Inc has recieved totaling $52,750.
| Awarding Organization | Amount |
|---|---|
Santa Barbara Foundation Santa Barbara, CA PURPOSE: EDUCATIONAL INSTITUTIONS | $22,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $20,150 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,600 |
Endowment Analysis
| Beg. Balance | $1,066,104 |
| Earnings | $444,500 |
| Net Contributions | $47,500 |
| Other Expense | $227,728 |
| Ending Balance | $1,330,376 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Start Incorporated Napa, CA | $8,014,837 | $18,886,545 |
Institute For Human & Social Development Inc San Mateo, CA | $7,306,180 | $14,787,145 |
Keys Family Day School Inc Palo Alto, CA | $33,258,594 | $15,731,611 |
The San Francisco School San Francisco, CA | $30,677,373 | $14,481,306 |
Hanalani Schools Mililani, HI | $23,961,358 | $16,139,886 |
Berkeley Hall School Foundation Los Angeles, CA | $27,121,443 | $12,682,160 |
Vacaville Christian Academy Vacaville, CA | $16,291,223 | $10,950,312 |
Renu Hope Foundation Beaumont, CA | $4,671,347 | $11,223,542 |
Keiki O Ka Aina Preschool Inc Honolulu, HI | $8,797,502 | $10,994,448 |
Marin Montessori School Inc Corte Madera, CA | $24,835,339 | $10,702,603 |
Seagull Schools Inc Kailua, HI | $19,987,815 | $8,632,707 |
Fountainhead Inc Dublin, CA | $4,895,908 | $2,127,012 |