2012-03-01T16:12:36-06:00 2011-04-30 HOOD & STRONG LLP CPAS 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 990 2010-05-01 941156485 CALIFORNIA COLLEGE OF THE ARTS CALI 4157039500 1111 8TH STREET SAN FRANCISCO CA 941072247 DAVID KIRSHMAN 4157039592 2012-02-21 1 TAMARA L BONGI 4157810793 2010 2016-02-24 21:20:13Z DAVID KIRSHMAN 1111 8TH STREET SAN FRANCISCO CA 94107 86260897 0 X WWW.CCA.EDU X 1907 CA TO EDUCATE STUDENTS OF DIVERSE BACKGROUNDS IN THE AREAS OF FINE ARTS, ARCHITECTURE, DESIGN, AND WRITING 31 31 1530 88 0 0 2698967 9234789 62035908 68433398 1145152 1309262 6084 296226 65886111 79273675 17790074 19076358 0 0 30230207 33693672 0 0 2603122 15327266 16172390 63347547 68942420 2538564 10331255 108329234 121213002 52207536 52127413 56121698 69085589 X THE CALIFORNIA COLLEGE OF THE ARTS (THE COLLEGE) IS A PRIVATE, NON-PROFIT EDUCATIONAL INSTITUTION FOUNDED IN 1907 TO EDUCATE STUDENTS OF DIVERSE BACKGROUNDS IN THE AREAS OF FINE ARTS, ARCHITECTURE, DESIGN, AND WRITING. THE COLLEGE PROVIDES INSTRUCTION IN A WIDE VARIETY OF MEDIA AND IS A SIGNIFICANT FACTOR IN THE DEVELOPMENT OF THE ARTS IN NORTHERN CALIFORNIA. THE COLLEGE HAS CAMPUSES IN SAN FRANCISCO AND OAKLAND. 0 0 52102120 19076358 68433398 POST SECONDARY EDUCATIONTHE CALIFORNIA COLLEGE OF THE ARTS (THE COLLEGE) IS A PRIVATE, NON-PROFIT EDUCATIONAL INSTITUTION FOUNDED IN 1907 TO EDUCATE STUDENTS OF DIVERSE BACKGROUNDS IN THE AREAS OF FINE ARTS, ARCHITECTURE, DESIGN, AND WRITING. THE COLLEGE PROVIDES INSTRUCTION IN A WIDE VARIETY OF MEDIA AND IS A SIGNIFICANT FACTOR IN THE DEVELOPMENT OF THE ARTS IN NORTHERN CALIFORNIA. THE COLLEGE HAS CAMPUSES IN SAN FRANCISCO AND OAKLAND. 52102120 1 1 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 348 0 1 1530 1 0 0 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 1 1 1 1 0 CA X KENNETH TANZER 4157039592 1111 8TH STREET SAN FRANCISCO CA 941072247 JOHANNA BARUCH 1.00 X 0 0 0 SIMON J BLATTNER 1.00 X 0 0 0 TIMOTHY CE BROWN 1.00 X 0 0 0 TECOAH P BRUCE 1.00 X 0 0 0 JULZ A CHAVEZ 1.00 X 0 0 0 C DIANE CHRISTENSEN 1.00 X 0 0 0 SUSAN M CUMMINS 1.00 X 0 0 0 PATRICIA FITZPATRICK 1.00 X 0 0 0 NANCY S FORSTER 1.00 X 0 0 0 M ARTHUR GENSLER JR FAIA 1.00 X 0 0 0 ANN M HATCH 1.00 X 0 0 0 MRS CHARLES HENRI HINE 1.00 X 0 0 0 NANCY HOWES 1.00 X 0 0 0 GEORGE F JEWETT 1.00 X 0 0 0 BYRON D KUTH FAIA 1.00 X 0 0 0 LORNA F MEYER 1.00 X 0 0 0 ANN MORHAUSER 1.00 X 0 0 0 TIMOTHY MOTT 1.00 X 0 0 0 STEVEN H OLIVER 1.00 X 0 0 0 F NOEL PERRY 1.00 X 0 0 0 MARK D PETERSEN 1.00 X 0 0 0 GENE SAVIN 1.00 X 0 0 0 GEORGE SAXE 1.00 X 0 0 0 BARCLAY SIMPSON 1.00 X 0 0 0 ALAN L STEIN 1.00 X 0 0 0 JUDITH P TIMKEN 1.00 X 0 0 0 JOHN S WADSWORTH JR 1.00 X 0 0 0 ASHER WOLDFOGEL 1.00 X 0 0 0 KAY KIMPTON WALKER 1.00 X 0 0 0 CALVIN B WHEELER MD 1.00 X 0 0 0 CARLIE WILMANS 1.00 X 0 0 0 RONALD C WORNICK 1.00 X 0 0 0 MARY L ZLOT 1.00 X 0 0 0 STEPHEN BEAL 50.00 X 454142 0 47315 DAVID KIRSHMAN 50.00 X 229988 0 8063 SUSAN AVILA 50.00 X 212648 0 9144 MARK BREITENBERG 50.00 X 233250 0 15730 MELANIE CORN 50.00 X 156420 0 10728 ILA BERMAN 40.00 X 145145 0 10269 SHERI MCKENZIE 40.00 X 166110 0 22080 DAVID MECKEL 40.00 X 140604 0 9207 BRENDA LAUREL 40.00 X 145214 0 11222 1883521 0 143758 9 0 1 0 C CORPORATE CLEANING 1070 BALMORE CT EL SOBRANTE CA 94803 JANITORIAL SERVICES 311520 ELMWOOD ELECTRIC 2925 REGENT ST BERKELEY CA 94705 ELECTRICAL CONTRACTOR 127652 HOOD & STRONG LLP 100 FIRST ST 14TH FLOOR SAN FRANCISCO CA 94105 ACCOUNTING SERVICES 118828 3 11350 920328 8303111 138294 9234789 TUITION AND FEES 611600 65822814 65822814 RESIDENTIAL FACILITIES 531110 2031322 2031322 MISCELLANEOUS FEES 900099 579262 579262 68433398 869727 869727 7316796 6877261 439535 439535 439535 406187 11350 109961 296226 296226 79273675 68433398 0 1605488 19068966 19068966 7392 7392 1280691 250497 542512 487682 25822130 21072486 3532970 1216674 633088 514672 87991 30425 3831699 2971742 626041 233916 2126064 1662387 333666 130011 87421 3011 80470 3940 145515 145515 159811 159811 2168017 1474886 574777 118354 221873 213767 8106 1366899 809479 438300 119120 549115 206112 319394 23609 2695557 627777 2067780 847635 793321 30429 23885 46390 38101 5466 2823 2328524 2328524 2143938 2143938 183933 183933 WORK STUDY INSTITUTIONA 988014 902129 74585 11300 EVENT EXPENSE 951832 734317 31415 186100 INSTRUCTIONAL MATERIALS 733098 733098 MISCELLANEOUS 393601 15340 371084 7177 SECURITY 161217 2640 158577 68942420 52102120 14237178 2603122 59729 81723 17457047 13511206 3414817 6888592 479094 487804 95000 75000 944186 843090 63756 65552 419945 477701 92758139 25766731 58953619 66991408 13875802 19601597 10431295 9736955 2134944 2452374 108329234 121213002 6134075 6643260 1641598 1499079 43297050 42705770 506952 744917 627861 534387 52207536 52127413 X 25526194 35868881 12042090 14427244 18553414 18789464 56121698 69085589 108329234 121213002 X 10331255 2632636 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 28553000 240000 3653000 1308000 31138000 25175000 226000 4437000 1285000 28553000 32282000 132000 -6172000 1067000 25175000 0.07570 0.60340 0.32090 0 0 16669693 16669693 60828869 13842238 46986631 523828 79783 444045 14718372 11844710 2873662 17377 17377 66991408 GATEWAY DOMESTIC EQUITY FUND 4887868 F OSTERWEIS STRATEGIC INCOME FUND 1936263 F US GOVERNMENT OBLIGATIONS 2792989 F COAST ACCESS IV 119835 F 9736955 REFUNDABLE LOAN PROGRAM 534387 534387 79273675 68942420 10331255 2632636 2632636 12963891 62939914 2632636 -19076358 -16443722 79383636 -109961 -109961 79273675 49976023 109961 109961 49866062 19076358 19076358 68942420 PART III, LINE 1A: THE COLLEGE OWNS A COLLECTION OF ARTWORK, ANTIQUE TEXTILES, AND PRINTS ALL OF WHICH WERE CONTRIBUTED TO THE COLLEGE. THE ART COLLECTION, WHICH IS MADE UP OF SEVERAL WORKS OF ARTISTIC SIGNIFICANCE, IS ON DISPLAY IN CERTAIN COLLEGE BUILDINGS AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED REGULARLY. THE OTHER COLLECTIONS, WHICH ARE OF UNKNOWN VALUE, BUT ARE NOT ESTIMATED TO BE SIGNIFICANT, ARE IN SAFEKEEPING. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSETS CLASSES. NO SIGNIFICANT DEACCESSIONS OCCURRED DURING THE CURRENT YEAR. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE VAST MAJORITY OF CCA'S ENDOWMENT IS USED TO SUPPORT ITS ROBUST FINANCIAL AID PROGRAM. A VERY SMALL PORTION OF THE ENDOWMENT IS USED FOR DEBT SERVICE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE PRINCIPAL ACTIVITIES OF THE COLLEGE ARE EXEMPT FROM INCOME TAXES UNDER PROVISIONS OF THE U.S. INTERNAL REVENUE CODE, SECTION 501(C)(3) AND THE CALIFORNIA TAX CODE. THE COLLEGE CONTINUES TO REMAIN SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES FOR THE YEARS 2008 THROUGH 2010 AND FOR CALIFORNIA STATE AUTHORITIES FOR THE YEARS 2007 THROUGH 2010. MANAGEMENT EVALUATED THE COLLEGE'S TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD NOT TAKEN UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS -19,076,358. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE -109,961. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 109,961. PART XIII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE FUNDED SCHOLARSHIPS 19,076,358. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 CALIFORNIA COLLEGE OF THE ARTS' NON-DISCRIMINATION POLICY IS PUBLISHED IN BOTH THE CATALOG & STUDENT HANDBOOK. CATALOGS ARE TYPICALLY MAILED TO INDIVIDUALS UPON REQUEST. STUDENTS RECEIVE ELECTRONIC NOTIFICATION AT THE START OF EACH ACADEMIC YEAR REMINDING THEM OF THEIR RESPONSIBILITY TO ADHERE TO ALL COLLEGE POLICIES AS OUTLINED IN THE SUTDENT HANDBOOK, WHICH THEY CAN ACCESS THROUGH THE COLLEGE'S WEBSITE WWW.CCA.EDU. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE CALIFORNIA COLLEGE OF THE ARTS MANAGES AN EXTENSIVE FINANCIAL ASSISTANCE PROGRAM TO ENSURE THAT A HIGHLY QUALIFIED AND DIVERSE POPULATION IS ABLE TO MATRICULATE AND CONTINUE TO GRADUATION. THE COLLEGE RECEIVES FUNDS FROM SEVERAL FEDERAL AND STATE GOVERNMENT PROGRAMS. THE FUNDS ARE USED FOR STUDENT FINANCIAL AID OR STUDENT LOANS. THE COLLEGE ACTS AS AN INTERMEDIARY BETWEEN THE STUDENTS RECEIVING THE ASSISTANCE AND THE GOVERNMENT AGENCY PROVIDING THE ASSISTANCE. UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPALS, ONLY A PORTION OF THESE FUNDS ARE REPORTED ON THE FORM 990. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES STUDY ABROAD PROGRAMS FOR ART STUDENTS 23296 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES STUDY ABROAD PROGRAMS FOR ART STUDENTS 13325 EUROPE (INCLUDING ICELAND & GREENLAND) 0 3 PROGRAM SERVICES STUDY ABROAD PROGRAMS FOR ART STUDENTS 90295 NORTH AMERICA 0 1 PROGRAM SERVICES STUDY ABROAD PROGRAMS FOR ART STUDENTS 32113 SOUTH AMERICA 0 2 PROGRAM SERVICES STUDY ABROAD PROGRAMS FOR ART STUDENTS 69834 0 8 0 0 0 8 228863 0 228863 SCHOLARSHIP CENTRAL AMERICA AND THE CARIBBEAN 2 1211 CREDITED AGAINST TUITION CHARGES BILLED TO STUDENTS N/A OTHER SCHOLARSHIP EAST ASIA AND THE PACIFIC 1 800 CREDITED AGAINST TUITION CHARGES BILLED TO STUDENTS N/A OTHER SCHOLARSHIP EUROPE (INCLUDING ICELAND & GREENLAND) 3 2011 CREDITED AGAINST TUITION CHARGES BILLED TO STUDENTS N/A OTHER SCHOLARSHIP NORTH AMERICA 3 2599 CREDITED AGAINST TUITION CHARGES BILLED TO STUDENTS N/A OTHER SCHOLARSHIP SOUTH AMERICA 1 771 CREDITED AGAINST TUITION CHARGES BILLED TO STUDENTS N/A OTHER 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: CCA OFFERS STUDY ABROAD PROGRAMS TO ITS ART STUDENTS. FINANCIAL AID IS PROVIDED IN THE FORM OF GRANTS TO QUALIFIED STUDENTS REQUIRING FINANCIAL AID. THE GRANT FUNDS ARE MONITORED THROUGH THE AWARDS PROCESS; ONLY CURRENTLY ENROLLED AND ACTIVE STUDENTS RECEIVE GRANTS FOR STUDY ABROAD. MIRROR MIRROR GALA 417537 11350 406187 5500 52918 1200 50343 417537 11350 406187 5500 52918 1200 50343 109961 296226 1 SCHOLARSHIPS 1622 19068966 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: CCA MERIT SCHOLARSHIPS ARE AWARDED TO STUDENTS THAT COMPLETE ADMISSION APPLICATION REQUIREMENTS BY THE PUBLISHED DEADLINE AND ARE BASED ON ACADEMIC ACHIEVEMENT AND PORTFOLIO REVIEW. NEED-BASED SCHOLARSHIPS ARE AWARDED TO STUDENTS WITH DEMONSTRATED FINANCIAL NEED AND ACADEMIC ACHIEVEMENT. RECIPIENTS OF NEED-BASED SCHOLARSHIPS AND SEOG FUNDS MUST COMPLETE A FAFSA APPLICATION, BE US CITIZENS OR ELIGIBLE NON-CITIZENS, AND BE ENROLLED FULL-TIME. X X X X 0 0 0 0 0 0 0 0 0 STEPHEN BEAL 365000 0 50000 0 39142 0 23820 0 23495 0 501457 0 0 0 DAVID KIRSHMAN 229988 0 0 0 0 0 7833 0 230 0 238051 0 0 0 SUSAN AVILA 212559 0 89 0 0 0 7157 0 1987 0 221792 0 0 0 MARK BREITENBERG 228750 0 4500 0 0 0 7688 0 8042 0 248980 0 0 0 MELANIE CORN 156420 0 0 0 0 0 5467 0 5261 0 167148 0 0 0 ILA BERMAN 145145 0 0 0 0 0 4903 0 5366 0 155414 0 0 0 SHERI MCKENZIE 166110 0 0 0 0 0 5704 0 16376 0 188190 0 0 0 BRENDA LAUREL 145214 0 0 0 0 0 5160 0 6062 0 156436 0 0 0 CEFA 2005 521705592 1301754X7 2005-05-12 18535000 FACILITIES 0 0 0 CEFA 2007 521705592 130178FD3 2007-02-27 11240000 FACILITIES 0 0 1 18535000 1639689 394450 106114 11364023 2008 1 1 1 1 11240000 1062337 248955 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 STEPHEN BEAL HOUSING X 175000 75000 0 1 1 75000 X 2 10323 FAIR MARKET VALUE X 1 127971 FAIR MARKET VALUE 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THERE WERE TWO CONTRIBUTORS OF STOCK AND ONE CONTRIBUTOR OF AN INTEREST IN AN LLC DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES ELECT BOARD MEMBERS AND APPROVE TERM RENEWALS. FORM 990, PART VI, SECTION B, LINE 11 THE COLLEGE'S ACCOUNTING FIRM FORWARDED THE FORM 990 TO THE SENIOR VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AND THE ASSOCIATE VICE PRESIDENT FOR FINANCIAL SERVICES FOR THEIR REVIEW. THEY THEN FORWARDED THE FORM 990 TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE RETURN. BOARD MEMBERS WERE ENCOURAGED TO REVIEW THE FORM 990 AND FORWARD THEIR QUESTIONS TO THE SENIOR VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. THE SENIOR VICE PRESIDENT FOR FINANCE AND ADMINISTRATION ADDRESSED THE QUESTIONS FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO COMPLETE A QUESTIONAIRE ANNUALLY AND TO DISCLOSE AND SEEK APPROVAL FROM THE BOARD FOR ANY TRANSACTION WHICH COULD CREATE A CONFLICT OF INTEREST. EMPLOYEES ARE NOT REQUIRED TO DISCLOSE POTENTIAL CONFLICTS; HOWEVER, THE COLLEGE'S FACULTY & STAFF HANDBOOKS CONTAIN LANGUAGE THAT PROHIBIT SITUATIONS WHICH COULD RESULT IN A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD APPROVES THE COMPENSATION OF THE PRESIDENT AND SENIOR VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AFTER REVIEWING COMPARABLE INDUSTRY AND REGIONAL COMPENSATION DATA. COMPENSATION OF OTHER OFFICERS OF THE COLLEGE IS SET BY THE COLLEGE'S PRESIDENT. FORM 990, PART VI, SECTION C, LINE 18 THEY ARE PROVIDED EITHER ELECTRONICALLY OR VIA HARD COPY UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER POLICY & GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC AS REQUIRED BY LAW. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 2,632,636. AUDIT COMMITTEE ROLE FORM 990, PART XI, LINE 2C THE COLLEGE HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE ROLE OF THE AUDIT COMMITTEE HAS NOT CHANGED FROM THE PRIOR YEAR.