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 06/2022, Colburn School employed 411 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colburn School 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, Colburn School generated $59.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $43.3m during the year ending 06/2021. 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
A SCHOOL WITH ACCLAIMED FACULTY PROVIDING STUDENTS 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 DOWNTOWN LOS ANGELES, CALIFORNIA. LED BY AN OUTSTANDING FACULTY, THE SCHOOL PROVIDES DEDICATED STUDENTS THE HIGHEST QUALITY PERFORMING ARTS EDUCATION WITH AN EMPHASIS ON PERFORMANCE.THE SCHOOL WAS FOUNDED IN 1950 AS A PREPARATORY PROGRAM FOR THE UNIVERSITY OF SOUTHERN CALIFORNIA AND FULFILLED THAT FUNCTION UNTIL 1980 WHEN IT BECAME AN INDEPENDENT COMMUNITY SCHOOL FOR 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 2,000 STUDENTS OF ALL AGES (TODDLER TO ADULT) AND ABILITIES (NOVICE THROUGH ADVANCED). THE SCHOOL ALSO OPERATES COMMUNITY OUTREACH PROGRAMS THAT BRING PERFORMING ARTS TO UNDER-SERVED CHILDREN IN INNER-CITY SCHOOLS.THE COLBURN CONSERVATORY OF MUSIC (CSCM), ESTABLISHED IN 2003, OFFERS UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS SPECIALIZING IN CLASSICAL MUSIC PERFORMANCE. CSCM PROGRAMS RANGE FROM TWO TO FOUR YEARS OF STUDY AND RESULT IN ONE OF THE FOLLOWING: A BACHELOR OF MUSIC DEGREE, A PERFORMANCE DIPLOMA, A MASTER OF MUSIC DEGREE, AN ARTIST'S DIPLOMA, OR A PROFESSIONAL STUDIES CERTIFICATE. ADMISSION TO CSCM IS HIGHLY SELECTIVE, AND CSCM PROVIDES ALL STUDENTS WITH SCHOLARSHIPS THAT COVER FULL TUITION AND ROOM AND BOARD. CSCM ENROLLED 131 AND 129 STUDENTS DURING THE YEAR ENDED JUNE 30, 2022 AND 2021, RESPECTIVELY. CSCM IS ACCREDITED BY THE NASM AS A DEGREE-GRANTING SCHOOL.THE COLBURN MUSIC ACADEMY (CSMA), ESTABLISHED IN 2010, IS A NON-DEGREE PROGRAM DESIGNED TO PROVIDE A COMPREHENSIVE CURRICULUM OF CLASSES TO HIGHLY GIFTED PRE-COLLEGE STUDENTS FOCUSED ON CAREERS IN MUSIC. CSMA ENROLLED 45 AND 40 STUDENTS DURING THE YEARS ENDED JUNE 30, 2022 AND 2021, RESPECTIVELY. THE TRUDL ZIPPER DANCE INSTITUTE (TZDI) WAS CREATED IN 2008, CARVING OUT THE YOUTH AND ADULT DANCE CLASSES FROM CSPA. THE DANCE ACADEMY WAS CREATED IN 2014 UNDER TZDI AS A PRE-PROFESSIONAL TRAINING PROGRAM FOR A SELECT GROUP OF BALLET STUDENTS AGED 14-18. TZDI ENROLLED 265 AND 189 STUDENTS DURING THE YEARS ENDED JUNE 30, 2022 AND 2021, RESPECTIVELY, IN ITS BALLET, TAP, AND MODERN DANCE PROGRAMS. IN ADDITION, THE DANCE ACADEMY ENROLLED 19 AND 12 STUDENTS DURING THE YEARS ENDED JUNE 30, 2022 AND 2021, RESPECTIVELY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Seljuk Kardan President & CEO | Officer | 40 | $575,717 |
Robert Lipsett Professor | 40 | $424,908 | |
Fabio Bidini Professor | 40 | $386,706 | |
Maeesha Merchant Cfo/treasurer/vp Of Bus. Develop. | Officer | 40 | $303,635 |
Adrian Daly Provost | Officer | 40 | $286,389 |
Clive Greensmith Professor | 40 | $265,889 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Gehry Partners Llp Architect- Building Design | 6/29/22 | $8,706,139 |
Universal Protection Service Lp Security | 6/29/22 | $731,271 |
Peerless Building Maintenance Co Janitorial | 6/29/22 | $399,734 |
Cambridge Associates Investment Management | 6/29/22 | $542,616 |
Theatre Dna Llc Consulting- Construction | 6/29/22 | $376,330 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,936,441 |
Investment income | $2,901,078 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $307,355 |
Net Gain/Loss on Asset Sales | $20,497,109 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $59,375,662 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $7,849,112 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,690,208 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,469,775 |
Pension plan accruals and contributions | $721,424 |
Other employee benefits | $1,729,343 |
Payroll taxes | $1,041,513 |
Fees for services: Management | $0 |
Fees for services: Legal | $130,067 |
Fees for services: Accounting | $114,797 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,482,012 |
Fees for services: Other | $1,905,697 |
Advertising and promotion | $43,447 |
Office expenses | $620,373 |
Information technology | $541,059 |
Royalties | $0 |
Occupancy | $1,278,044 |
Travel | $20,247 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $20,884 |
Interest | $4,231,040 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,565,245 |
Insurance | $416,683 |
All other expenses | $0 |
Total functional expenses | $43,302,582 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $11,541,348 |
Pledges and grants receivable | $17,454,391 |
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 | $246,474 |
Investments—publicly traded securities | $37,666,050 |
Investments—other securities | $178,817,808 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $661,771 |
Total assets | $392,445,370 |
Accounts payable and accrued expenses | $6,732,928 |
Grants payable | $0 |
Deferred revenue | $318,320 |
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 | $19,126,207 |
Total liabilities | $157,162,455 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $235,282,915 |