Osher Lifelong Learning Institute At The University Of Arizona
- Assets
- $924.1k
- Revenue
- $483.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 10/2004
- Data as of
- 06/2022
- EIN
- 33-1096431
Organization Overview
Osher Lifelong Learning Institute At The University Of Arizona is located in Tucson, AZ. The organization was established in 2004. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Osher Lifelong Learning Institute At The University Of Arizona 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 06/2022, Osher Lifelong Learning Institute At The University Of Arizona generated $483.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $386.0k during the year ending 06/2022. While expenses have increased by 13.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LIVES OF OUR MEMBERS , WHO ARE 50 YEARS OF AGE OR OLDER, HAVE BEEN ENHANCED BY THEIR PARTICIPATION IN OLLI-UA'S ACTIVITIES THAT FURTHER ITS MISSION TO PROVIDE OPPORTUNITIES FOR LEARNING, TEACHING,RESEARCH, SERVICE AND SOCIALIZING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALMOST ENTIRELY VOLUNTEER RUN, OLLI-UA PROVIDES LIFELONG LEARNING FOR ADULTS 50+, KEEPING AGING ADULTS ENGAGED SOCIALLY AND ACTIVE MENTALLY THROUGH A COMMUNITY LEARNING ENVIRONMENT. PRE-COVID WE HAD OVER 1,400 MEMBERS AND OUR MEMBERSHIP DID DROP AND WE ENDED JUNE 2021 WITH JUST OVER 1,000 MEMBERS AS OF JUNE 2022. WE HAVE INCREASED OUR MEMBERSHIP FROM JUNE 2021 THROUGH CONTINUED ONLINE CURRICULUM AND RETURNING TO IN-PERSON CLASSES, WE HAD JUST UNDER 1,100 MEMBERS. WE ANTICIPATE THE ENROLLMENT TO CONTINUE TO INCREASE AS MORE PEOPLE RETURN TO IN-PERSON CLASSES, STAY ON ZOOM AND ALSO OFFERING A HYBRID OPTION FOR SOME OF THE COURSES. OLLI-UAS PROGRAM SERVICES ITS MEMBERS THROUGH OFFERING A BROAD RANGE OF QUALITY EDUCATION COURSES OFFERED BOTH ONLINE AND IN-PERSON IN THE GREATER TUCSON AREA WITH OVER 380 OFFERINGS, EQUALING OVER 2,700 HOURS OF PROGRAMING LED BY OVER 180 VOLUNTEER INSTRUCTORS. SUBSTANTIAL GROWTH IN THE NUMBER OF PARTICIPANTS SINCE THE PROGRAMS FOUNDING IN 1989, WE HAVE WEATHERED THE STORM OF COVID, ALTHOUGH THE IMPACT IS STILL FELT AS PEOPLE RETURN TO SOCIAL AND IN-PERSON CLASSES SLOWLY. WE CONTINUE TO INCREASE SOCIAL ACTIVITIES AND OUR CURRICULUM AS WE ENCOURAGE MORE MEMBERS TO SOCIALIZE. OLLI-UAS MANAGEMENT BELIEVES THAT SOCIAL ACTIVITIES NOT ONLY ENHANCE THE OLLI-UA EXPERIENCE FOR ITS MEMBERS BUT ALSO SERVES TO INCREASE THE OLLI-UA MEMBERSHIP. OLLI-UA IS PRIMARILY A VOLUNTEER RUN ORGANIZATION WITH OVER 400 VOLUNTEERS. WE ANTICIPATE INCREASING OUR VOLUNTEER NUMBERS POST-COVID AS MORE MEMBERS ARE WILLING TO GET TOGETHER IN PERSON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nona Cusick President | OfficerTrustee | 15 | $0 |
Susan Williams Vice President | OfficerTrustee | 8 | $0 |
David Kikel Secretary | OfficerTrustee | 8 | $0 |
Mallory Riegger Treasurer | OfficerTrustee | 8 | $0 |
Bob Salter Director | Trustee | 3 | $0 |
Gerald Geise Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $105,946 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,946 |
| Total Program Service Revenue | $371,783 |
| Investment income | $5,262 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $482,991 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Fees for services: Other | $9,409 |
| Advertising and promotion | $10,330 |
| Office expenses | $1,582 |
| Information technology | $22,242 |
| Royalties | $0 |
| Occupancy | $117,167 |
| Travel | $626 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,313 |
| Insurance | $3,589 |
| All other expenses | $7,101 |
| Total functional expenses | $385,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $376,397 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $113,142 |
| Investments—publicly traded securities | $434,599 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $924,138 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $924,138 |
| Net assets with donor restrictions | $0 |
| 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 | $924,138 |