The Colburn School is located in Los Angeles, CA. The organization was established in 1981. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2020, Colburn School employed 436 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Colburn School generated $44.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $51.1m during the year ending 06/2020. While expenses have increased by 2.6% per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SCHOOL WITH ACCLAIMED FACULTY PROVIDING THE HIGHEST QUALITY PERFORMING ARTS EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OTHE COLBURN SCHOOL ("THE SCHOOL") IS A CALIFORNIA NOT-FOR-PROFIT CORPORATION LOCATED IN THE HEART OF THE CULTURAL CORRIDOR IN DOWNTOWN LOS ANGELES, CALIFORNIA. THE MISSION OF THE SCHOOL IS TO OFFER THE HIGHEST QUALITY PERFORMING ARTS EDUCATION BY AN OUTSTANDING FACULTY IN AN OPTIMAL LEARNING ENVIRONMENT.THE SCHOOL WAS FOUNDED IN 1950 AS A PREPARATORY PROGRAM FOR THE UNIVERSITY OF SOUTHERN CALIFORNIA UNTIL 1980 WHEN IT BECAME AN INDEPENDENT COMMUNITY SCHOOL OF THE PERFORMING ARTS AND WAS ACCREDITED AS A NON-DEGREE-GRANTING INSTITUTION BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC (NASM).CURRENTLY, THIS PROGRAM IS KNOWN AS THE COLBURN SCHOOL OF PERFORMING ARTS ("CSPA") AND OFFERS PROGRAMS IN MUSIC, DANCE, DRAMA, AND VOICE TO APPROXIMATELY 1,900 STUDENTS OF ALL AGES (TODDLER TO ADULT) AND ABILITIES (NOVICE THROUGH ADVANCED). THE SCHOOL ALSO OPERATES COMMUNITY OUTREACH PROGRAMS WHICH BRING PERFORMING ARTS TO UNDERSERVED CHILDREN IN INNER-CITY SCHOOLS.THE CONSERVATORY OF MUSIC, ESTABLISHED IN 2003, OFFERS UNDERGRADUATE, GRADUATE AND PROFESSIONAL-DEGREE PROGRAMS SPECIALIZING IN CLASSICAL MUSICAL PERFORMANCE. CONSERVATORY OF MUSIC PROGRAMS RANGE FROM TWO TO FOUR YEARS AND RESULT IN ONE OF THE FOLLOWING: A BACHELOR OF MUSIC DEGREE, AN ARTIST'S DIPLOMA OR A PROFESSIONAL STUDIES CERTIFICATE. ADMISSION TO THE CONSERVATORY OF MUSIC IS HIGHLY SELECTIVE, AND THE CONSERVATORY PROVIDES FINANCIAL AID TO STUDENTS, COVERING FULL TUITION AND ROOM AND BOARD. THE CONSERVATORY HAD 120 ENROLLED STUDENTS DURING THE YEAR ENDED JUNE 30, 2019. THE CONSERVATORY IS ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC (NASM) AS A DEGREE-GRANTING SCHOOL.THE MUSIC ACADEMY, ESTABLISHED IN 2010, IS A NON-DEGREE PROGRAM DESIGNED TO PROVIDE A COMPREHENSIVE CURRICULUM OF CLASSES TO PRE-COLLEGE HIGHLY GIFTED STUDENTS FOCUSED ON CAREERS IN MUSIC. THE MUSIC ACADEMY HAD 32 STUDENTS ENROLLED DURING THE YEAR ENDED JUNE 30, 2019. THE DANCE ACADEMY, ESTABLISHED IN 2014, IS A PRE-PROFESSIONAL TRAINING PROGRAM FOR A SELECT GROUP OF STUDENTS AGE 14-19 PURSUING THEIR GOAL OF BECOMING PROFESSIONAL DANCERS AND ARTISTIC LEADERS. THE DANCE ACADEMY HAD 18 STUDENTS ENROLLED DURING THE YEAR ENDED JUNE 30, 2019. STUDENTS IN BOTH ACADEMIES ARE ADMITTED BY AUDITION AND ANY TUITION SCHOLARSHIPS AWARDED ARE FUNDED BY THIRD-PARTY GRANTORS.
SEE SCHEDULE OTHE COLBURN SCHOOL ("THE SCHOOL") IS A CALIFORNIA NOT-FOR-PROFIT CORPORATION LOCATED IN THE HEART OF THE CULTURAL CORRIDOR IN DOWNTOWN LOS ANGELES, CALIFORNIA. THE MISSION OF THE SCHOOL IS TO OFFER THE HIGHEST QUALITY PERFORMING ARTS EDUCATION BY AN OUTSTANDING FACULTY IN AN OPTIMAL LEARNING ENVIRONMENT.THE SCHOOL WAS FOUNDED IN 1950 AS A PREPARATORY PROGRAM FOR THE UNIVERSITY OF SOUTHERN CALIFORNIA UNTIL 1980 WHEN IT BECAME AN INDEPENDENT COMMUNITY SCHOOL OF THE PERFORMING ARTS AND WAS ACCREDITED AS A NON-DEGREE-GRANTING INSTITUTION BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC (NASM).CURRENTLY, THIS PROGRAM IS KNOWN AS THE COLBURN SCHOOL OF PERFORMING ARTS ("CSPA") AND OFFERS PROGRAMS IN MUSIC, DANCE, DRAMA, AND VOICE TO APPROXIMATELY 1,900 STUDENTS OF ALL AGES (TODDLER TO ADULT) AND ABILITIES (NOVICE THROUGH ADVANCED). THE SCHOOL ALSO OPERATES COMMUNITY OUTREACH PROGRAMS WHICH BRING PERFORMING ARTS TO UNDERSERVED CHILDREN IN INNER-CITY SCHOOLS.THE CONSERVATORY OF MUSIC, ESTABLISHED IN 2003, OFFERS UNDERGRADUATE, GRADUATE AND PROFESSIONAL-DEGREE PROGRAMS SPECIALIZING IN CLASSICAL MUSICAL PERFORMANCE. CONSERVATORY OF MUSIC PROGRAMS RANGE FROM TWO TO FOUR YEARS AND RESULT IN ONE OF THE FOLLOWING: A BACHELOR OF MUSIC DEGREE, AN ARTIST'S DIPLOMA OR A PROFESSIONAL STUDIES CERTIFICATE. ADMISSION TO THE CONSERVATORY OF MUSIC IS HIGHLY SELECTIVE, AND THE CONSERVATORY PROVIDES FINANCIAL AID TO STUDENTS, COVERING FULL TUITION AND ROOM AND BOARD. THE CONSERVATORY HAD 120 ENROLLED STUDENTS DURING THE YEAR ENDED JUNE 30, 2019. THE CONSERVATORY IS ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC (NASM) AS A DEGREE-GRANTING SCHOOL.THE MUSIC ACADEMY, ESTABLISHED IN 2010, IS A NON-DEGREE PROGRAM DESIGNED TO PROVIDE A COMPREHENSIVE CURRICULUM OF CLASSES TO PRE-COLLEGE HIGHLY GIFTED STUDENTS FOCUSED ON CAREERS IN MUSIC. THE MUSIC ACADEMY HAD 32 STUDENTS ENROLLED DURING THE YEAR ENDED JUNE 30, 2019. THE DANCE ACADEMY, ESTABLISHED IN 2014, IS A PRE-PROFESSIONAL TRAINING PROGRAM FOR A SELECT GROUP OF STUDENTS AGE 14-19 PURSUING THEIR GOAL OF BECOMING PROFESSIONAL DANCERS AND ARTISTIC LEADERS. THE DANCE ACADEMY HAD 18 STUDENTS ENROLLED DURING THE YEAR ENDED JUNE 30, 2019. STUDENTS IN BOTH ACADEMIES ARE ADMITTED BY AUDITION AND ANY TUITION SCHOLARSHIPS AWARDED ARE FUNDED BY THIRD-PARTY GRANTORS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Seljuk Kardan President & CEO | Officer | 40 | $642,384 |
Robert Lipsett Professor | 40 | $396,795 | |
Fabio Bidini Professor | 40 | $359,053 | |
Edward Horner Senior VP (thru 12/19) | Officer | 40 | $293,598 |
Adrian Daly Provost | Officer | 40 | $274,424 |
Seth Weintraub Cfo/cao/treasurer | Officer | 40 | $272,520 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Universal Protection Service Lp Security | 6/29/20 | $776,176 |
Gehry Partners Llp Architecture | 6/29/20 | $8,913,590 |
Cambridge Associates Investment Management | 6/29/20 | $343,796 |
Universal Protection Service Lp Security | 6/29/20 | $776,176 |
Cambridge Associates Investment Management | 6/29/20 | $343,796 |
Gehry Partners Llp Architecture | 6/29/20 | $8,913,590 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $343,515 |
Related organizations | $7,600,990 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $16,789,525 |
Noncash contributions included in lines 1a–1f | $2,661,015 |
Total Revenue from Contributions, Gifts, Grants & Similar | $24,734,030 |
Total Program Service Revenue | $15,326,024 |
Investment income | $1,182,188 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $259,217 |
Net Gain/Loss on Asset Sales | $675,668 |
Net Income from Fundraising Events | -$108,498 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $44,139,579 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $9,240,293 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,102,610 |
Compensation of current officers, directors, key employees. | $1,200,103 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $14,893,802 |
Pension plan accruals and contributions | $803,827 |
Other employee benefits | $1,947,853 |
Payroll taxes | $1,147,049 |
Fees for services: Management | $68,569 |
Fees for services: Legal | $8,691 |
Fees for services: Accounting | $156,942 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $60,000 |
Fees for services: Investment Management | $1,533,842 |
Fees for services: Other | $2,802,036 |
Advertising and promotion | $154,630 |
Office expenses | $510,625 |
Information technology | $411,737 |
Royalties | $0 |
Occupancy | $1,563,655 |
Travel | $196,601 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $23,258 |
Interest | $4,622,353 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,543,646 |
Insurance | $352,190 |
All other expenses | $270,659 |
Total functional expenses | $51,111,667 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,040,959 |
Pledges and grants receivable | $21,375,832 |
Accounts receivable, net | $0 |
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 | $731,998 |
Net Land, buildings, and equipment | $146,283,168 |
Investments—publicly traded securities | $23,463,617 |
Investments—other securities | $140,117,204 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $940,715 |
Total assets | $335,953,493 |
Accounts payable and accrued expenses | $3,642,196 |
Grants payable | $0 |
Deferred revenue | $444,224 |
Tax-exempt bond liabilities | $130,985,000 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $25,398,328 |
Total liabilities | $160,469,748 |
Net assets without donor restrictions | $84,016,486 |
Net assets with donor restrictions | $91,467,259 |
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 | $335,953,493 |
Over the last fiscal year, we have identified 2 grants that The Colburn School has recieved totaling $84,350.
Awarding Organization | Amount |
---|---|
Keith And Cecilia Terasaki Family Foundation Monrovia, CA PURPOSE: BOARD MEMBER CONTRIBUTIONSUPPORT CAMPUS EXPANSION, CELEBRATE COLBURN EVENT AND BEETHOVEN EVENT | $60,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,350 |
Beg. Balance | $159,548,534 |
Earnings | -$3,755,462 |
Net Contributions | $9,249,003 |
Other Expense | $15,602,399 |
Grants | $1,397,601 |
Ending Balance | $148,042,075 |
Organization Name | Assets | Revenue |
---|---|---|
The Colburn School Los Angeles, CA | $335,953,493 | $44,139,579 |
Music Academy Of The West Santa Barbara, CA | $102,051,268 | $10,616,722 |
Community Music Center San Francisco, CA | $13,062,605 | $6,240,733 |
Community School Of Music And Arts Mountain View, CA | $16,907,978 | $6,937,837 |
East Bay Center For The Performing Arts Richmond, CA | $16,985,512 | $4,040,743 |
Pasadena Conservatory Of Music Pasadena, CA | $10,748,228 | $3,177,272 |
Stanford Jazz Workshop Stanford, CA | $1,554,133 | $2,541,584 |
Etm-La Inc Burbank, CA | $1,470,200 | $2,432,823 |
Rlg Land Foundation Bakersfield, CA | $0 | $1,416,103 |
Northwest Childrens Theater And School Inc Portland, OR | $2,156,802 | $2,660,123 |
Circus Center San Francisco, CA | $275,922 | $1,861,827 |
Blue Bear School Of Music San Francisco, CA | $1,619,021 | $1,674,392 |
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