THE COLBURN SCHOOL

EIN: 952501387 501(c)(3) Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
$74,199,241
Total Expenses
$55,597,043
Total Assets
$648,075,574
Net Assets
$505,725,900
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
CA
Principal Officer
SEL KARDAN
Phone
2136212200
Tax Period
2022-07-01 to 2023-06-30

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.

Mission

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)

Program Service Accomplishments

Program 1
Expenses: $46,434,310 Revenue: $18,406,087

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...

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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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $31,891,855
Program Service Revenue $18,406,087
Investment Income $22,588,448
Other Revenue $1,312,851
TOTAL REVENUE $74,199,241

Expense Breakdown

Grants Paid $11,504,343
Salaries & Benefits $21,971,565
Fundraising Expenses $2,169,808
Program Expenses $46,434,310
Other Expenses $22,043,135
TOTAL EXPENSES $55,597,043

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
30
Independent Members
30
Employees
465
Volunteers
83

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$1,343,922
Total Directors
30
$0
Key Employees
2
$598,214
Highest Compensated
5
reported
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
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

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
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