THE COLBURN SCHOOL: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- THE COLBURN SCHOOL (EIN 95-2501387)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-04-27
- IRS object ID
- 201131179349300313
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-04-27T12:41:13-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grant Thornton LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 WILSHIRE BLVD SUITE 300 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900172464 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952501387 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Colburn School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COLB | NameControl |
| Phone | 2136212200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 South Grand Avenue | AddressLine1 |
| City | Los Angeles | City |
| State | CA | State |
| ZIP Code | 90012 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SETH WEINTRAUB | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 2136212200 | Phone |
| Date Signed | 2011-03-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2136271717 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | SELJUK KARDAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SOUTH GRAND AVENUE | AddressLine1 |
| City | Los Angeles | City |
| State | CA | State |
| ZIP Code | 90012 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 85301876 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | http://www.colburnschool.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1951 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | THE COLBURN SCHOOL PROVIDES WORLD CLASS PERFORMING ARTS EDUCATION IN LA. EXTRACURRICULAR EDUCATION IS PROVIDED TO MORE THAN 2,000 DIVERSE STUDENTS; CONSERVATORY AND ACADEMY MUSIC EDUCATION TO GIFTED PUPILS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 320 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | -333388 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -333388 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 19362125 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4015245 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 8161801 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 8495702 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -15937771 | InvestmentIncomePriorYear |
| Investment Income Current Year | -2610211 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1082912 | OtherRevenuePriorYear |
| Other Revenue Current Year | 410030 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 12669067 | TotalRevenuePriorYear |
| Total Revenue Current Year | 10310766 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5173305 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 5360565 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 12764028 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11573491 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 17000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1581064 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 23551960 | OtherExpensePriorYear |
| Other Expenses Current Year | 17464764 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 41489293 | TotalExpensesPriorYear |
| Total Expenses Current Year | 34415820 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -28820226 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -24105054 | RevenuesLessExpensesCY |
| Total Assets BOY | 300040970 | TotalAssetsBOY |
| Total Assets EOY | 305945976 | TotalAssetsEOY |
| Total Liabilities BOY | 144773178 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 148896066 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 155267792 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 157049910 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE COLBURN SCHOOL (THE "SCHOOL") IS A CALIFORNIA NOT-FOR-PROFIT ORGANIZATION OFFERING INSTRUCTION IN THE PERFORMING ARTS FOR STUDENTS OF ALL AGES AND COMMUNITY SERVICE PROGRAMS WHICH BRING MUSIC TO UNDER-SERVED CHILDREN IN INNER-CITY SCHOOLS. THE SCHOOL OF PERFORMING ARTS WAS ORGANIZED IN 1950 AND OFFERS CLASSES, LESSONS AND WORKSHOPS IN MUSIC, DANCE, AND DRAMA TO APPROXIMATELY 1,700 STUDENTS RANGING IN AGE FROM TODDLER TO ADULT. THE CONSERVATORY OF MUSIC BEGAN IN 2003 WHEN THE SCHOOL WAS APPROVED BY THE STATE OF CALIFORNIA BUREAU FOR PRIVATE POST SECONDARY AND VOCATIONAL EDUCATION TO OPERATE PROFFESIONAL LEVEL MUSIC STUDIES PROGRAMS. CONSERVATORY PROGRAMS ARE AWARDED AT NO CHARGE TO QUALIFIED STUDENTS PURSUING THE HIGHEST LEVELS OF CLASSICAL MUSIC PERFORMANCE TRAINING. CONSERVATORY PROGRAMS RANGE FROM TWO TO FOUR YEARS IN LENGTH AND RESULT IN EITHER A BACHELOR OF MUSIC DEGREE, PERFORMANCE DIPLOMA, ARTIST'S DIPLOMA OR A PROFESSIONAL STUDIES CERTIFICATE. THE CONSERVATORY HAD OVER 110 E | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 28702643 | Expense |
| Grants | 311829 | Grants |
| Revenue | 10210803 | Revenue |
| Description | THE COLBURN SCHOOL HAS TWO DISTINCT DIVISIONS: THE SCHOOL OF PERFORMING ARTS AND THE CONSERVATORY OF MUSIC. THEY EMBRACE A SINGLE VISION OF ACCESS AND EXCELLENCE. THEY ALSO SUPPORT A SINGLE MISSION: TO PROVIDE THE HIGHEST QUALITY PERFORMING ARTS EDUCATION BY AN OUTSTANDING FACULTY IN AN OPTIMAL ENVIRONMENT. IN BOTH DIVISIONS, THE PRIMARY FOCUS IS ON CLASSICAL MUSIC WITH AN EMPHASIS ON PERFORMANCE. THE SCHOOL OF PERFORMING ARTS ("CSPA") HAS PROGRAMS IN EARLY CHILDHOOD, MUSIC, DANCE AND DRAMA. THE SCHOOL ALSO SPONSORS SEVERAL COMMUNITY SERVICE PROGRAMS WHICH BRING MUSIC TO CHILDREN IN A NUMBER OF LOCAL AND INNER-CITY SCHOOLS. THERE ARE 1,700 STUDENTS OF ALL AGES ENROLLED IN CSPA. THE CONSERVATORY OF MUSIC OFFERS A BACHELOR OF MUSIC DEGREE, ARTIST DIPLOMA, PERFORMANCE DIPLOMA AND PROFESSIONAL STUDIES CERTIFICATE ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC. THERE ARE PRESENTLY 116 STUDENTS IN THIS DIVISION. | Description |
| Total Program Service Expense | 28702643 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 65 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 320 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| Name Of Foreign Country | EI | NameOfForeignCountry |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SETH WEINTRAUB | NamePerson |
| Telephone Number | 2136212200 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SOUTH GRAND AVENUE | AddressLine1 |
| City | Los Angeles | City |
| State | CA | State |
| ZIP Code | 90012 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (46 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Wendy Kelman | |||||||||
| Board Chairman | 1.0 | X | 0 | 0 | 0 | ||||
| Alice Coulombe | |||||||||
| Vice Chairman | 1.0 | X | 0 | 0 | 0 | ||||
| Eugene I Kreiger | |||||||||
| Vice Chairman | 1.0 | X | 0 | 0 | 0 | ||||
| Pedro Pizarro | |||||||||
| Vice Chairman | 1.0 | X | 0 | 0 | 0 | ||||
| Robert S Attiyeh | |||||||||
| Board of director | 1.0 | X | 0 | 0 | 0 | ||||
| David Barry | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Deborah Borda | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Joan Boyett | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Dan G Clement | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Carol C Hogel | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Catherine C Hogel | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Christine Cuse | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Jennifer Diener | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Placido Domingo | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Edmund D Edelman | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Robert B Egelston | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Richard Grant | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Warner Henry | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Thomas D Leddy | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Steven F Matt | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Ian White Thomson | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Peter Whybrow | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Richard W Colburn | |||||||||
| Board of director | 1.0 | X | 0 | 0 | 0 | ||||
| Lucy Farber | |||||||||
| Board of director | 1.0 | X | 0 | 0 | 0 | ||||
| Beverly Ryder | |||||||||
| Board of director | 1.0 | X | 0 | 0 | 0 | ||||
| Armin Sadoff | |||||||||
| Board of director | 1.0 | X | 0 | 0 | 0 | ||||
| Iona Benson | |||||||||
| Board of director | 1.0 | X | 0 | 0 | 0 | ||||
| Toby E Mayman | |||||||||
| Board of director | 1.0 | X | 0 | 0 | 0 | ||||
| Peter Wardle | |||||||||
| Board of director | 1.0 | X | 0 | 0 | 0 | ||||
| Nancy Griffith Baxter | |||||||||
| Board of Director | 1.0 | X | 0 | 0 | 0 | ||||
| Richard Beene | |||||||||
| Dean | 40.0 | 210526 | 0 | 0 | X | X | X | ||
| Seljuk Kardan | |||||||||
| President/CEO | 40.0 | 145257 | 0 | 0 | X | X | X | ||
| Seth Weintraub | |||||||||
| CFO/Treasurer | 40.0 | 0 | 0 | 0 | X | X | X | ||
| Patrick Morrow | |||||||||
| Secretary | 40.0 | 0 | 0 | 0 | X | X | |||
| Robert McAllister | |||||||||
| Dean | 40.0 | 112761 | 0 | 0 | X | X | |||
| Allison Sampson | |||||||||
| Vice President | 40.0 | 0 | 0 | 0 | X | X | |||
| Paul Coletti | |||||||||
| Faculty | 40.0 | 167072 | 0 | 0 | X | ||||
| Yehuda Gilad | |||||||||
| Faculty | 40.0 | 165364 | 0 | 0 | X | ||||
| Ronald Leonard | |||||||||
| Faculty | 40.0 | 232248 | 0 | 0 | X | ||||
| John Perry | |||||||||
| Faculty | 40.0 | 172468 | 0 | 0 | X | ||||
| Robert Lipsett | |||||||||
| Faculty | 40.0 | 299302 | 0 | 0 | X | ||||
| Susan Solomon | |||||||||
| Executive Director | 40.0 | 138239 | 0 | 12960 | X | ||||
| Miguel Angel Corzo | |||||||||
| President/CEO | 40.0 | 274216 | 0 | 0 | X | ||||
| Michael Hockett | |||||||||
| Chief of Operations | 40.0 | 183875 | 0 | 0 | X | ||||
| Jean Sommerville | |||||||||
| Chief Financial Officer | 40.0 | 199886 | 0 | 0 | X | ||||
| Deborah Berman | |||||||||
| Dean | 40.0 | 219000 | 0 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2520214 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 12960 | TotalOtherCompensation |
| Number Individuals GT100 K | 13 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Linc Facility Services LLC | |||||
| PO Box 951343 | DALLAS | TX | 75395 | Building Engineers | 334911 |
| Universal Protection Solutions | |||||
| PO Box 512719 | LOS ANGELES | CA | 90059 | Security Services | 341793 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| All Other Contributions | 4015245 | AllOtherContributions |
| Noncash Contributions | 17600 | NoncashContributions |
| Total Contributions | 4015245 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| TUITION INCOME | 8069960 | 8069960 |
| RENTAL INCOME | 425742 | 425742 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 8495702 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3479566 | TotalRevenueColumn |
| Unrelated Business Revenue | -333388 | UnrelatedBusinessRevenue |
| Exclusion | $3,812,954 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 68756554 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 74846331 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -6089777 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -6089777 | TotalRevenueColumn |
| Exclusion | -$6,089,777 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 270852 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 144779 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 126073 | TotalRevenueColumn |
| Exclusion | $126,073 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| NEXTEL REVENUE | 12262 | $12,262 | |
| FILM SHOTS | 171378 | 171378 | |
| UBIT REFUND | 99962 | $99,962 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 355 | TotalRevenueColumn |
| Related Or Exempt Function Income | 355 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 283957 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10310766 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8667435 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -333388 | UnrelatedBusinessRevenue |
| Exclusion | -$2,038,526 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5360565 | Total |
| Program Services | 5360565 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9818743 | Total |
| Program Services | 7862130 | ProgramServices |
| Management And General | 1329621 | ManagementAndGeneral |
| Fundraising | 626992 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 347862 | Total |
| Program Services | 287607 | ProgramServices |
| Management And General | 38106 | ManagementAndGeneral |
| Fundraising | 22150 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 680120 | Total |
| Program Services | 528287 | ProgramServices |
| Management And General | 88972 | ManagementAndGeneral |
| Fundraising | 62860 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 726766 | Total |
| Program Services | 596950 | ProgramServices |
| Management And General | 83548 | ManagementAndGeneral |
| Fundraising | 46268 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38523 | Total |
| Program Services | 32744 | ProgramServices |
| Management And General | 3852 | ManagementAndGeneral |
| Fundraising | 1926 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98742 | Total |
| Program Services | 83931 | ProgramServices |
| Management And General | 9874 | ManagementAndGeneral |
| Fundraising | 4937 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8763 | Total |
| Program Services | 8763 | ProgramServices |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17000 | Total |
| Fundraising | 17000 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 494607 | Total |
| Management And General | 494607 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2798852 | Total |
| Program Services | 2060159 | ProgramServices |
| Management And General | 636745 | ManagementAndGeneral |
| Fundraising | 101948 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59781 | Total |
| Program Services | 40950 | ProgramServices |
| Management And General | 4263 | ManagementAndGeneral |
| Fundraising | 14568 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 664746 | Total |
| Program Services | 457440 | ProgramServices |
| Management And General | 155415 | ManagementAndGeneral |
| Fundraising | 51891 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110651 | Total |
| Program Services | 94099 | ProgramServices |
| Management And General | 11035 | ManagementAndGeneral |
| Fundraising | 5517 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1725571 | Total |
| Program Services | 1490580 | ProgramServices |
| Management And General | 157287 | ManagementAndGeneral |
| Fundraising | 77704 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106151 | Total |
| Program Services | 96506 | ProgramServices |
| Management And General | 9006 | ManagementAndGeneral |
| Fundraising | 639 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36850 | Total |
| Program Services | 5030 | ProgramServices |
| Management And General | 14290 | ManagementAndGeneral |
| Fundraising | 17529 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3093263 | Total |
| Program Services | 2629273 | ProgramServices |
| Management And General | 309326 | ManagementAndGeneral |
| Fundraising | 154663 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5378729 | Total |
| Program Services | 4571920 | ProgramServices |
| Management And General | 537873 | ManagementAndGeneral |
| Fundraising | 268936 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 521994 | Total |
| Program Services | 404826 | ProgramServices |
| Management And General | 93247 | ManagementAndGeneral |
| Fundraising | 23741 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SUBSCRIPTIONS | 62412 | 48319 | 7951 | 6142 |
| FURNITURE AND EQUIPMENT | 24914 | 22034 | 1920 | 960 |
| INSTRUMENTS AND MUSIC | 180633 | 175605 | 2852 | 2176 |
| TRAINING AND DEVELOPMENT | 5429 | 4689 | 541 | 199 |
| LIBRARY | 46539 | 46485 | 36 | 18 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2007614 | Total |
| Program Services | 1793751 | ProgramServices |
| Management And General | 141563 | ManagementAndGeneral |
| Fundraising | 72300 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34415820 | Total |
| Program Services | 28702643 | ProgramServices |
| Management And General | 4131930 | ManagementAndGeneral |
| Fundraising | 1581064 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4365735 | BOY |
| EOY | 7556554 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6671880 | BOY |
| EOY | 4289466 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Accounts Receivable | AccountsReceivable |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 396617 | BOY |
| EOY | 581274 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 153568066 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 21796894 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 136807101 | BOY |
| EOY | 131771172 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105218219 | BOY |
| EOY | 115395620 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43170843 | BOY |
| EOY | 37272181 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3410575 | BOY |
| EOY | 9079709 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300040970 | BOY |
| EOY | 305945976 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1192840 | BOY |
| EOY | 1426216 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 272099 | BOY |
| EOY | 241683 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134115000 | BOY |
| EOY | 134115000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9193239 | BOY |
| EOY | 13113167 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144773178 | BOY |
| EOY | 148896066 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118934446 | BOY |
| EOY | 121484142 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3556060 | BOY |
| EOY | 2227255 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32777286 | BOY |
| EOY | 33338513 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 155267792 | BOY |
| EOY | 157049910 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300040970 | BOY |
| EOY | 305945976 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 109614631 | BeginningOfYearBalance |
| Contributions | 69543 | Contributions |
| Investment Earnings Or Losses | 14835574 | InvestmentEarningsOrLosses |
| Other Expenditures | 3166388 | OtherExpenditures |
| End Of Year Balance | 121353360 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 134666936 | BeginningOfYearBalance |
| Contributions | 7057721 | Contributions |
| Investment Earnings Or Losses | -30297002 | InvestmentEarningsOrLosses |
| Other Expenditures | 1813024 | OtherExpenditures |
| End Of Year Balance | 109614631 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.72240 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.27270 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00290 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Land | Land |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 138214804 | OtherCostOrOtherBasis |
| Depreciation | 14873098 | Depreciation |
| Book Value | 123341706 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 575096 | OtherCostOrOtherBasis |
| Depreciation | 196368 | Depreciation |
| Book Value | 378728 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6362743 | OtherCostOrOtherBasis |
| Depreciation | 4395229 | Depreciation |
| Book Value | 1967514 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8415424 | OtherCostOrOtherBasis |
| Depreciation | 2332200 | Depreciation |
| Book Value | 6083224 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 131771172 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER SECURITIES | Description |
| Book Value | 37272181 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 37272181 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INTEREST RATE SWAP AGREEMENTS | Description |
| Amount | $13,113,167 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 13113167 | TotalOfAmounts |
| Total Revenue | 10310766 | TotalRevenue |
| Total Expenses | 34415820 | TotalExpenses |
| Excess Or Deficit For Year | -24105054 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 24207099 | NetUnrealizedGLOnInvestments |
| Other | $17,193,354 | OtherAmount |
| Total Adjustments | 41400453 | TotalAdjustments |
| Excess Or Deficit Per FS | 17295399 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 28238805 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 24207099 | NetUnrealizedGainsInvestments |
| Other Revenues | -6279060 | OtherRevenues |
| Revenue Not Rptd F990 | 17928039 | RevenueNotRptdF990 |
| Revenue Subtotal | 10310766 | RevenueSubtotal |
| Total Revenue Per Form990 | 10310766 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 28136759 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 28136759 | ExpensesSubtotal |
| Other Expenses Not Included | 6279061 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 6279061 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 34415820 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Use of Endowment Funds | Part V, Question 4 | The School's endowment consists of approximately 16 individual funds established for a variety of purposes including scholarships, programs, facility replacement fund, and faculty compensation. |
| RECONCILIATION OF CHANGE IN NET ASSETS | Schedule D, Part XI, Question 8 | The Colburn Music Fund, a separate, private foundation for tax purposes, files its own tax return. Therefore, it is not included in this return. It is included in the audited financial statements in accordance with Generally Accepted Accounting Principles because it irrevocably benefits the School. For the School's tax return, any Colburn Music Fund transactions appear as reconciling items between audited financial statement amounts and tax return amounts. Unrealized loss on interest rate swap related to bonds: ($3,919,928) Change in interest in Colburn Music Fund: $21,113,282 Total: $17,193,354 |
| RECONCILIATION OF REVENUE AND EXPENSES TO AUDITED FINANCIAL STATEMENTS | Part XII, Question 2D; PART XIII, QUESTION 4B | Expenses from rental activity ($423,887), investment managers ($494,607), and scholarships ($5,360,565) netted with respective revenue, gains, and other support line item on audited financial statements, but reported as expenses and losses on return. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | PUBLISHED ANNUALLY DURING REGISTRATION PERIOD IN NEWSPAPER GOING TO WI LOS ANGELES AREA. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | ALLISON SAMPSON | NameOfIndividual |
| Activity | General | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Gross Receipts | 4015245 | GrossReceipts |
| Amount Retained By Contractor | 17000 | AmountRetainedByContractor |
| Net To Organization | 4015245 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 4015245 | TotalGrossReceipts |
| Total Retained By Contractors | 17000 | TotalRetainedByContractors |
| Total Net To Organization | 4015245 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Celebrate Colbr | NameOfEvent1 |
| Gross Receipts Event1 | 270852 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 270852 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 144779 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 270852 | GrossReceiptsTotal |
| Gross Revenue Total Events | 270852 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 144779 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 144779 | DirectExpenseSummaryEvents |
| Net Income Summary | 126073 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| SCHOLARSHIPS - CONSERVATORY | 118 | 5048736 |
| SCHOLARSHIPS - CSPA | 167 | 311829 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedures for monitoring the use of grant funds in the U.S. | Identifier |
| Return Reference | Schedule I, Part I, Question 2 | ReturnReference |
| Explanation | Grants made by the school are to students at the school. They are used to pay tuition for lessons at the school and are effectively discounts on tuition charged. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (11 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deborah Berman | |||||||||||
| 219000 | 0 | 0 | 0 | 0 | 0 | 219000 | 0 | 211407 | 0 | ||
| Miguel Angel Corzo | |||||||||||
| 252332 | 0 | 0 | 0 | 0 | 0 | 296716 | 0 | 560679 | 0 | 21884 | 22500 |
| Michael Hockett | |||||||||||
| 183875 | 0 | 0 | 0 | 0 | 0 | 199325 | 0 | 281127 | 0 | 15450 | |
| Susan Solomon | |||||||||||
| 138239 | 0 | 0 | 0 | 0 | 0 | 151199 | 0 | 0 | 12960 | ||
| Jean Sommerville | |||||||||||
| 199886 | 0 | 0 | 0 | 0 | 0 | 216623 | 0 | 225898 | 0 | 16737 | |
| Richard Beene | |||||||||||
| 210526 | 0 | 0 | 0 | 0 | 0 | 228026 | 0 | 241818 | 0 | 17500 | |
| Paul Coletti | |||||||||||
| 167072 | 0 | 0 | 0 | 0 | 0 | 181197 | 0 | 0 | 14125 | ||
| Yehuda Gilad | |||||||||||
| 165364 | 0 | 0 | 0 | 0 | 0 | 165364 | 0 | 0 | |||
| Ronald Leonard | |||||||||||
| 232248 | 0 | 0 | 0 | 0 | 0 | 250131 | 0 | 270273 | 0 | 17883 | |
| John Perry | |||||||||||
| 172468 | 0 | 0 | 0 | 0 | 0 | 187483 | 0 | 208084 | 0 | 15015 | |
| Robert Lipsett | |||||||||||
| 299302 | 0 | 0 | 0 | 0 | 0 | 324284 | 0 | 325579 | 0 | 24982 | |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Questions regarding compensation | Identifier |
| Return Reference | Part I, Line 4A | ReturnReference |
| Explanation | Jean Sommerville: $184,113 Mike Hockett: $169,950 Deborah Berman $229,775 | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| CIEDB SERIES 2006A and 2006B | ||||||
| 630304653 | 13033WXA6 | 2006-11-30 | 132925000 | TO REFUND BONDS ISSUED ON 3/30/05 | false | false |
| CIEDB SERIES 2008A | ||||||
| 630304653 | 13033WV67 | 2008-12-08 | 69190000 | TO REFUND CIEDB SERIES 2006B BONDS | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|
| 2925000 | 2925000 | true | false | true | true |
| 1190000 | 1190000 | true | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| false | false | false | false | false | true |
| false | false | false | false | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | true | false | false | false | true |
| false | true | false | false | false | true |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|
| WELLS FARGO BANK | ||
| SEE SCHEDULE O | SEE SCHEDULE O | false |
| BROAD STAGE | ||
| SEE SCHEDULE O | SEE SCHEDULE O | false |
| COLBURN FOUNDATIONCOLBURN MUSIC FU | ||
| SEE SCHEDULE O | SEE SCHEDULE O | false |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| written conflict of interest policy | Part VI, Section B, Question 12c | A questionnaire is sent to all governing board members at least annually. A Conflicts Committee, consisting of the Chairman of the Board, the Chairman of the Audit Committee, and the Chairman of the Governance Committee, reviews all conflict issues disclosed or otherwise brought to its attention. The Committee keeps current and accurate minutes of its deliberations and may determine that a conflict exists but poses no risk of harm to the School or that some remedial action or intervention is appropriate. |
| Form 990 review process | Part VI, Section B, Question 11A | The Form 990 is completed annually and reviewed by the CFO with the President and the Audit Committee. Once the CFO, President and Audit Committee are in agreement on the final 990, copies are provided to the entire governing board. The Audit Committee reviews the 990 with the governing board. Once the 990 is considered final, the CFO will sign the final form 990 and submit by the filing deadling and, if any changes were made, an updated version of the 990 is sent to the entire governing board. |
| Determination of Compensation | Part VI, Section B, Questions 15a and 15b | The process for determining compensation applies to the compensation of the following persons: The School's chief employed executive, the School's chief financial officer, other officers employed by the School, as determined by reference to the School's bylaws and resolutions of its governing board, or as otherwise designated consistent with state law, but at a minimum, those officers required by applicable state law, the School's key employees, defined as any employee of the School who meets all three of the following tests: (a) receives reportable compensation in excess of $150,000 for the year, (b) has responsibility, powers or influence over the School as a whole that is similar to those of officers, directors, or trustees or manages a discrete segment or activity of the School that represents 10% or more of the School's capital expenditures, operating budget or compensation for employees; and (c) is one of the 20 employees with the highest reportable compensation from the School for the year. The process for reviewing and approving compensation includes review and approval by the board of directors or compensation committee of the School, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in the review and approval; the use of data as to comparable compensation for similarly qualified persons in funtionally comparable positions at similarly situated organizations; and comtemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement. |
| Disclosure of organizational documents to the public | Part VI, Section C, Question 19 | Governing documents and conflict of interest policy of the school, subject to the Federal or California state public disclosure rules are made publicly available as applicable law may require. Otherwise, governing documents and conflict of interest policy are provided to the public at the discretion of management. The financial statements and Form 990 of the School are publicly available as required by state public disclosure rules. The bylaws of the School are publicly available as a part of the Form 990. The School's website contains a statement to this effect and invites the public to contact the School if they wish to have this information. Upon receipt of an email, regular mail or telephone inquiry, the School sends the requested information. |
| Board member having a family relationship with another board member | Part VI, Section A, Question 2 | Board member Catherine Hogel is the daughter of board member Carol Colburn Hogel. Board member Richard W. Colburn is the brother of Carol Colburn Hogel and the uncle of Catherine. |
| DESCRIPTION OF BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS | SCHEDULE L, PART IV, COLUMNS B - D | NANCY BAXTER, A BOARD MEMBER OF THE SCHOOL, IS A SENIOR VICE PRESIDENT AT WELLS FARGO BANK WHICH IS A MAJOR AND KEY VENDOR OF THE SCHOOL PROVIDING LOANS AND OTHER BUSINESS TRANSACTIONS. SHE SERVES AT THE EDUCATION AND NONPROFIT DIVISION OF WELLS FARGO BANK WHERE SHE HAS NO INTEREST, INFLUENCE OR CONTROL OVER ANY BUSINESS TRANSACTIONS AND AT WELLS FARGO BANK. THE AMOUNT OF TRANSACTION BETWEEN THE SCHOOL AND WELLS FARGO BANK VARIES AS THERE WERE MULTIPLE TRANSACTIONS THAT OCCURRED DURING THE YEAR. ADDITIONAL INFORMATION IS AVAILABLE UPON REQUEST. Eugene Krieger, Vice Chairman of the School, serves as an officer and director of the Colburn Foundation as well as the Colburn Music Fund, both of which directly support the School. During the fiscal year, the School received a contribution of $2,000,000 from Colburn Foundation as disclosed on Schedule B. Jennifer Diener, Board of Director of the School, serves as a director of the Broad Stage, from whom the School periodically leases performance space. There is no benefit to Mrs. Diener nor does she direct the School's performance space rentals. |
| ISSUANCE COSTS FROM PROCEEDS | SCHEDULE K, PART II, LINE 5 | THE BREAKDOWN OF THE ISSUANCE COSTS FROM PROCEEDS FOR THE CIEDB SERIES 2006A/2006B AND CIEDB SERIES 2008A BONDS IS AS FOLLOWS: CIEDB SERIES 2006A AND 2006B ISSUANCE COSTS = $1,042,768 CREDIT ENHANCEMENT FEES = $1,882,232 CIEDB SERIES 2008A ISSUANCE COSTS = $1,047,354 CREDIT ENHANCEMENT FEES = $142,646 |
| RECLASSIFICATIONS OF PRIOR YEAR'S PROGRAM SERVICE REVENUE AND GRANTS PAID | FORM 990, PAGE 1, PART I, LINE 9 & LINE 13 | For comparative purposes, prior year amounts were reclassified to conform to the current year presentation. The costs associated with Conservatory scholarships, and the income value of these scholarships, were broken out. This change in presentation had no net effect on the income or loss. |
Comments