LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THE COLBURN SCHOOL, founded in 1951, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $74.2M in total revenue in fiscal year 2022. Revenue fell 75% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $18.6M, a strong 25% operating margin.
THE COLBURN SCHOOL'S FOUNDING PRINCIPLE OF "ACCESS TO EXCELLENCE" PROVIDES A PERFORMANCE-CENTERED EDUCATION WITH UNPARALLELED FACULTY AND FACILITIES FOR ALL LEVELS OF DEVELOPMENT, INSTILLS THE JOY AND DISCIPLINE OF THE PERFORMING ARTS, (CONTINUED ON SCHEDULE O)
THE 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...
THE 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 133 AND 131 STUDENTS DURING THE YEAR ENDED JUNE 30, 2023 AND 2022, 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 STUDENTS DURING THE YEARS ENDED JUNE 30, 2023 AND 2022. 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 238 AND 221 STUDENTS DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, RESPECTIVELY, IN ITS BALLET, TAP, AND MODERN DANCE PROGRAMS. IN ADDITION, THE DANCE ACADEMY ENROLLED 26 AND 19 STUDENTS DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, RESPECTIVELY.PERFORMING ARTS AND OTHER ACADEMIC PROGRAMS INCLUDES EXPENSES FOR THE PROVOST OFFICE, LIBRARY, AND THE PRODUCTION DEPARTMENT, WHICH PROVIDE ADDITIONAL SUPPORT TO THE VARIOUS PROGRAMS OF STUDY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $74,199,241 | $293,942,140 | -0.7% |
| Expenses | $55,597,043 | $51,714,339 | +0.1% |
| Net Income | $18,602,198 | $242,227,801 | -0.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SELJUK KARDAN | PRESIDENT & CEO | 40.00 |
Officer
|
$583,831 | $108,170 | $692,001 |
| ROBERT LIPSETT | PROFESSOR | 40.00 |
Highest
|
$450,887 | $25,447 | $476,334 |
| FABIO BIDINI | PROFESSOR | 40.00 |
Highest
|
$429,236 | $27,332 | $456,568 |
| MAEESHA MERCHANT | CFO/TREASURER/VP OF BUS. DEVELOP. | 40.00 |
Officer
|
$318,580 | $28,570 | $347,150 |
| ADRIAN DALY | PROVOST | 40.00 |
Key Emp
|
$298,568 | $35,251 | $333,819 |
| CLIVE GREENSMITH | PROFESSOR | 40.00 |
Highest
|
$293,475 | $40,072 | $333,547 |
| LINDA CORMIER | VP HR/BOD SECRETARY | 40.00 |
Officer
|
$284,651 | $20,120 | $304,771 |
| MARTIN BEAVER | FACULTY | 40.00 |
Highest
|
$262,645 | $37,921 | $300,566 |
| RICHARD BEENE | PROFESSOR | 40.00 |
Highest
|
$256,466 | $26,313 | $282,779 |
| ANNE E WICKERT | VP ADVANCEMENT | 40.00 |
Key Emp
|
$246,410 | $17,985 | $264,395 |
| ANDREW MILLSTEIN | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROL COLBURN GRIGOR | LIFE CHAIRMAN EMERITUS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID D COLBURN | VICE CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DIANE NAEGELE | VICE CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANIEL L AVCHEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT N BRAUN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HENRY CHOI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD W COLBURN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALICE COULOMBE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER DIENER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY DIRESTA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DARREN EDWARDS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG GUYETT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL F HENRY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CATHERINE COLBURN HOGEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB KELLY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM KENNEDY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MOLLY KIRK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALIZA LESSER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT LEWIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BEVERLY C MARKSBURY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WORTHY MCCARTNEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG MCWILLIAMS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANN MOORE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MAHNAZ NEWMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HEINRICH SCHELBERT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HARRY B SUH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH TERASAKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PETER WARDLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DYLAN YOLLES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $74,199,241 | $55,597,043 | $648,075,574 | $18,602,198 |
| 2022 | $293,942,140 | $51,714,339 | $624,606,660 | $242,227,801 |
| 2021 | $59,375,662 | $43,302,582 | $392,445,370 | $16,073,080 |
| 2020 | $44,139,579 | $51,111,667 | $335,953,493 | $-6,972,088 |
| 2019 | $41,915,703 | $51,348,465 | $350,455,307 | $-9,432,762 |
| 2018 | $49,996,053 | $51,791,971 | $350,839,845 | $-1,795,918 |
Compare THE COLBURN SCHOOL with other nonprofits in California and across the country.