California Lutheran University
- Assets
- $379.9m
- Revenue
- $202.5m
- Investments
- $0.0
- Employees
- 2,259
- Location
- Thousand Oaks, CA
- Founding
- 01/1983
- Data as of
- 05/2020
- EIN
- 95-2962604
Organization Overview
California Lutheran University is located in Thousand Oaks, CA. The organization was established in 1983. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, California Lutheran University employed 2,259 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. California Lutheran University 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 05/2020, California Lutheran University generated $202.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $185.8m during the year ending 05/2020. While expenses have increased by 3.2% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
CLU IS AN INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE DEGREES IN THE LIBERAL ARTS AND SCIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGHER EDUCATION: PROVIDED QUALITY EDUCATION FOR UNDERGRADUATE STUDENTS AND GRADUATE STUDENTS. CALIFORNIA LUTHERAN UNIVERSITY OFFERS UNDERGRADUATE, GRADUATE AND CONTINUING EDUCATION PROGRAMS THROUGH ITS COLLEGE OF ARTS AND SCIENCES, SCHOOL OF MANAGEMENT, GRADUATE SCHOOL OF EDUCATION, GRADUATE SCHOOL OF PSYCHOLOGY AND PACIFIC LUTHERAN THEOLOGICAL SEMINARY. THE UNIVERSITY OFFERS 40 UNDERGRADUATE MAJORS AND 42 UNDERGRADUATE MINORS ARE OFFERED THROUGH OUR UNDERGRADUATE PROGRAMS. MASTER'S DEGREE PROGRAMS ARE OFFERED IN EDUCATION, BUSINESS ADMINISTRATION, PUBLIC POLICY AND ADMINISTRATION, COMPUTER SCIENCE, PSYCHOLOGY, INFORMATION SYSTEMS AND TECHNOLOGY, ECONOMICS, DIVINITY, ARTS, AND THEOLOGICAL STUDIES. THE UNIVERSITY OFFERS DOCTORAL PROGRAMS IN EDUCATIONAL LEADERSHIP, HIGHER EDUCATION LEADERSHIP, AND CLINICAL PSYCHOLOGY PH.D.
STUDENT SERVICES: THIS PROGRAM PROVIDES SUPPORT FOR STUDENT LIFE ACTIVITIES, ATHLETICS, STUDENT HEALTH AND OTHER SERVICES TO STUDENTS.
AUXILIARY OPERATION: IT IS CALIFORNIA LUTHERAN UNIVERSITY'S MISSION TO BE A RESIDENTIAL CAMPUS. THE MAJORITY OF THE TRADITIONAL UNDERGRADUATE STUDENT POPULATION RESIDES ON CAMPUS TO ATTEND EDUCATIONAL PROGRAMS.
HIGHER EDUCATION ACADEMIC SUPPORT DEPARTMENTS INCLUDE UNIVERSITY LIBRARY, COMPUTER & MEDIA LABS, AND FACULTY DEVELOPMENT PROGRAMS. PUBLIC SERVICE DEPARTMENTS INCLUDE THE DAY CARE CENTER, KCLU (PUBLIC RADIO STATION) AND EVENT SERVICES TO SERVE THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Varlotta Lori President | OfficerTrustee | 40 | $500,783 |
Kimball Chris Former President | 40 | $455,998 | |
Davis Karen Vp, Administration & Finance | Officer | 40 | $289,297 |
Neilson Leanne Provost/vp, Academic Affairs | Officer | 40 | $276,895 |
Biddings-Muro Regina Vp, University Advancement | Officer | 40 | $232,341 |
Apfelthaler Gerhard Dean, School Of Management | Officer | 40 | $231,058 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc & Affiliates Food Services Provider | 5/30/22 | $3,115,188 |
Kiosk Creative Llc Media Planning & Buying | 5/30/22 | $773,278 |
Christie Building And Development Inc Construction | 5/30/22 | $643,592 |
John Oliver Construction Construction | 5/30/22 | $540,787 |
Shrewsbury Plumbing Inc Plumbing | 5/30/22 | $276,939 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,845,989 |
| Investment income | $1,901,343 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,515 |
| Net Gain/Loss on Asset Sales | $11,346,914 |
| Net Income from Fundraising Events | -$14,839 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $202,542,083 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $64,780,480 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,839,501 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,315,732 |
| Pension plan accruals and contributions | $4,193,031 |
| Other employee benefits | $8,107,992 |
| Payroll taxes | $4,184,425 |
| Fees for services: Management | $2,048,093 |
| Fees for services: Legal | $564,263 |
| Fees for services: Accounting | $226,865 |
| Fees for services: Lobbying | $60,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $510,505 |
| Fees for services: Other | $333,395 |
| Advertising and promotion | $1,385,491 |
| Office expenses | $6,318,709 |
| Information technology | $2,706,166 |
| Royalties | $0 |
| Occupancy | $5,862,497 |
| Travel | $1,922,924 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $747,861 |
| Interest | $2,086,404 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,466,298 |
| Insurance | $859,157 |
| All other expenses | $0 |
| Total functional expenses | $185,765,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,650 |
| Savings and temporary cash investments | $72,537,000 |
| Pledges and grants receivable | $5,300,733 |
| Accounts receivable, net | $3,822,312 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,408 |
| Prepaid expenses and deferred charges | $2,159,979 |
| Investments—publicly traded securities | $121,643,680 |
| Investments—other securities | $0 |
| Investments—program-related | $3,704,227 |
| Intangible assets | $475,000 |
| Other assets | $17,459,092 |
| Total assets | $379,855,133 |
| Accounts payable and accrued expenses | $20,399,837 |
| Grants payable | $0 |
| Deferred revenue | $2,112,612 |
| Tax-exempt bond liabilities | $77,021,276 |
| Escrow or custodial account liability | $529,318 |
| 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 | $11,188,225 |
| Total liabilities | $111,251,268 |
| 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 | $268,603,865 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that California Lutheran University has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Tennesen Family Foundation Bremerton, WA PURPOSE: RELIGIOUS AND SPIRITUAL DEVELOPMENT | $5,000 |
The Jerry D Routh And Cheryl Sawatzke Routh Family Foundation Henderson, NV PURPOSE: PLTS SCHOLARSHIP FUND | $1,000 |
Endowment Analysis
| Beg. Balance | $145,735,309 |
| Earnings | $780,277 |
| Net Contributions | $1,822,237 |
| Other Expense | $5,275,780 |
| Ending Balance | $143,062,043 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chapman University Orange, CA | $2,132,825,456 | $697,718,019 |
Loyola Marymount University Los Angeles, CA | $1,676,232,440 | $723,872,616 |
Pepperdine University Malibu, CA | $2,047,744,709 | $580,174,202 |
University Of San Francisco San Francisco, CA | $1,277,161,356 | $554,812,646 |
University Of San Diego San Diego, CA | $1,513,056,957 | $520,612,377 |
President-Board Of Trustees Santa Clara College Santa Clara, CA | $2,958,910,318 | $543,668,030 |
National University San Diego, CA | $1,578,654,080 | $391,699,793 |
University Of The Pacific Stockton, CA | $1,331,534,766 | $478,311,062 |
Loma Linda University Loma Linda, CA | $1,843,254,584 | $350,502,232 |
Loma Linda University Shared Services Loma Linda, CA | $270,756,141 | $292,339,481 |
Azusa Pacific University Azusa, CA | $364,665,569 | $273,144,020 |
Biola University Inc La Mirada, CA | $495,437,445 | $217,190,577 |