Orange County School Of The Arts Foundation
Current Fiscal Year
Fiscal Year Start Date: July 1, 2024
Fiscal Year End Date: June 30, 2025
Projected Revenue: $6,931,174
Projected Expense: $4,252,243
Revenue vs. Expense ($)
Expense Breakdown: 2023 (%)
| Administration Expense | 8.9% |
| Program Expense | 76.8% |
| Fundraising Expense | 14.3% |
Expense Breakdown: 2022 (%)
| Administration Expense | 5.2% |
| Program Expense | 81.3% |
| Fundraising Expense | 13.5% |
Expense Breakdown: 2021 (%)
| Administration Expense | 23.9% |
| Program Expense | 51.5% |
| Fundraising Expense | 24.6% |
990 Tax Form Newest 990 Year opens each June
Prior Three Years Total Revenue and Expense Totals
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $5,393,216 | $7,117,184 | $3,226,084 |
| Total Expenses | $5,308,121 | $6,960,069 | $2,642,807 |
Prior Three Years Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $3,544,469 | $4,743,753 | $1,948,003 |
| Government Contributions | - | $367,057 | $268,984 |
| Federal | - | - | - |
| State | - | - | - |
| Local | - | - | - |
| Unspecified | - | - | - |
| Individual Contributions | - | - | - |
| Indirect Public Support | - | - | - |
| Earned Revenue | $953,416 | $940,821 | $119,913 |
| Investment Income, Net of Losses | $80,935 | $107,293 | $180,642 |
| Membership Dues | - | - | - |
| Special Events | $724,219 | $902,701 | $696,288 |
| Revenue In-Kind | $36,898 | - | - |
| Other Revenue | $201,714 | $232,437 | $337,183 |
Prior Three Years Expense Allocations by Type
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $4,074,093 | $5,658,871 | $1,361,090 |
| Administration Expense | $474,456 | $359,433 | $632,585 |
| Fundraising Expense | $759,572 | $941,765 | $649,132 |
| Payments to Affiliates | - | - | - |
| Total Revenue/Total Expenses | 1.02 | 1.02 | 1.22 |
| Program Expense/Total Expenses | 77% | 81% | 52% |
| Fundraising Expense/Total Revenue | 14% | 13% | 20% |
Prior Three Years Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $3,175,272 | $3,015,604 | $3,071,481 |
| Current Assets | $3,175,272 | $3,015,604 | $3,071,009 |
| Long-Term Liabilities | - | - | - |
| Current Liabilities | $790,318 | $324,751 | $444,033 |
| Total Net Assets | $2,384,954 | $2,690,853 | $2,627,448 |
Short Term Solvency
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Assets/Current Liabilities | 4.02 | 9.29 | 6.92 |
Long Term Solvency
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Long Term Liabilities/Total Assets | - | - | - |
Endowment/Capital Campaigns
Endowment Value: $478,000
Spending Policy: Percentage
Percentage: 4.0%
Are you currently in a Capital Campaign? Yes
Capital Campaign Purpose:
OCSA is in the final stages of construction for Students First: A Capital Campaign that will include the creation and completion of:
- A central student commons with beautiful landscaping and a secure campus entrance
- An enclosed student lounge to allow for connection and collaboration
- A community-focused outdoor event, performance, and gathering space
- A grand exterior staircase to improve flow in and out of the main Tower building
- A variety of seating areas and gathering spaces for an enhanced outdoor experience
- A brand new black-box studio theatre to accommodate for seating up to 150 guests
- A brand new culinary lab kitchen for enhanced instructional space
Campaign Goal: $6,500,000
Capital Campaign Start Date: January 1, 2021
Capital Campaign End Date: December 31, 2025
Capital Campaign Raised-to-Date Amount: $6,535,361
CONTACT
Orange County School Of The Arts Foundation
1010 N MAIN ST
SANTA ANA, CA 92701
Phone: 714-560-0900 ext. 5531