2024-05-01T15:47:51-05:00 2023-06-30 330526284 ALMICH & ASSOCIATES 26463 RANCHO PARKWAY SOUTH LAKE FOREST CA 92630 990 2022-07-01 952415066 LAGUNA COLLEGE OF ART AND DESIGN LAGU 9493766000 2222 LAGUNA CANYON ROAD LAGUNA BEACH CA 92651 STEVEN BRITTAN PRESIDENT 9493766000 2024-04-30 1 STEVEN BRITTAN 999009999 0 JAMES A BERMUDEZ P00099878 9496007550 2024-04-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVEN BRITTAN 2222 LAGUNA CANYON ROAD LAGUNA BEACH CA 92651 29496094 0 X WWW.LCAD.EDU X 1961 CA OPERATE A COLLEGE OF ART OFFERING BACHELOR'S AND MASTER'S DEGREES. 11 11 473 11 0 0 3623291 674653 23992584 24859257 784 112965 -144249 3844446 27472410 29491321 6390736 6784949 0 0 12413421 11475738 11250 4255 732296 6866811 7935603 25682218 26200545 1790192 3290776 40017331 44840695 15049828 15618534 24967503 29222161 X LAGUNA COLLEGE OF ART & DESIGN PREPARES INDIVIDUALS FOR CAREERS AS CREATIVE ARTISTS AND DESIGNERS IN A CULTURALLY AND ETHNICALLY DIVERSE WORLD THROUGH A CURRICULUM THAT EMPHASIZES ACQUIRING SKILLS BASED ON OBSERVATION, REPRESENTATION, AND CONCEPT DEVELOPMENT, WHILE EMBRACING CHALLENGES OF NEW, INNOVATIVE TECHNOLOGIES. THE COLLEGE IS COMMITTED TO OFFERING ITS CURRICULUM THROUGH ACCREDITED DEGREE PROGRAMS THAT IMAGINATIVELY COMBINE STUDIO WORK WITH ACADEMIC STUDIES, AND TO SHARING ITS RESOURCES WITH THE BROADER COMMUNITY THROUGH CONTINUING EDUCATION AND EXHIBITION PROGRAMS.LAGUNA COLLEGE OF ART & DESIGN IS ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN AND THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES AND IS COMMITTED TO MAINTAINING THE HIGHEST EDUCATIONAL STANDARDS. 0 0 22524151 6784949 24933623 LAGUNA COLLEGE OF ART AND DESIGN IS A FULLY ACCREDITED FOUR YEAR COLLEGE WITH A CURRENT ENROLLMENT OF APPROXIMATELY 682 STUDENTS IN THE UNDERGRADUATE PROGRAM. LAGUNA COLLEGE AWARDS A BACHELOR OF FINE ARTS DEGREE WITH MAJORS IN DRAWING AND PAINTING, GRAPHIC DESIGN, GAME ART, ILLUSTRATION, AND ANIMATION. LAGUNA COLLEGE ALSO PROVIDES A MASTERS OF FINE ARTS DEGREE IN PAINTING, WITH A CURRENT ENROLLMENT OF APPROXIMATELY 17 STUDENTS AND A MASTER IN FINE ARTS PROGRAM IN THE ART OF GAME WITH APPROXIMATELY 9 STUDENTS. 22524151 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 39 0 1 473 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X AARON PERRYMAN 9493766000 2222 LAGUNA CANYON ROAD LAGUNA BEACH CA 92651 STEVEN BRITTAN PRESIDENT 37.50 X X 344553 0 44232 RON HOLOCEK SECRETARY 0.00 X 0 0 0 NANCY MILBY TREASURER 0.00 X 0 0 0 TERRY JONES CHAIR 0.00 X 0 0 0 LISA DALLENDORFER TRUSTEE 0.00 X 0 0 0 NANCY BEVERAGE TRUSTEE 0.00 X 0 0 0 NANCY BUSHNELL TRUSTEE 0.00 X 0 0 0 SUZANNE CHONETTE TRUSTEE 0.00 X 0 0 0 BARBARA CLARENCE TRUSTEE 0.00 X 0 0 0 NELSON COATES TRUSTEE 0.00 X 0 0 0 BONNIE LIVINGSTON TRUSTEE 0.00 X 0 0 0 ILONA MARTIN TRUSTEE 0.00 X 0 0 0 JAMES MELLOR TRUSTEE 0.00 X 0 0 0 RICHARD SCHWARZSTEIN TRUSTEE 0.00 X 0 0 0 GERARD STRIPLING TRUSTEE 0.00 X 0 0 0 JARED MATHIS TRUSTEE 0.00 X 0 0 0 MICHAEL ERVIN TRUSTEE 0.00 X 0 0 0 HASTY HONARKAR TRUSTEE 0.00 X 0 0 0 ARIANE MACDONALD TRUSTEE 0.00 X 0 0 0 KATHRYN BURTON GRAY TRUSTEE 0.00 X 0 0 0 KENNETH USSENKO TRUSTEE 0.00 X 0 0 0 LISA HALE TRUSTEE 0.00 X 0 0 0 HIRO KINOSHITA TRUSTEE 0.00 X 0 0 0 AGNES SANCHEZ DIRECTOR OF HUMAN RESOURCES 37.50 X 130286 0 33258 JAMES GODEK CFO 37.50 X 244787 0 31395 MATTHEW MORTON CHIEF INFORMATION OFFICER 37.50 X 170225 0 18305 CHRISTOPHER BROWN VP OF ENROLLMENT MANAGEMENT 37.50 X 177420 0 21291 NICOLE LESHER PROVOST 37.50 X 210505 0 21958 MICHAEL PEARLMAN CONTROLLER 37.50 X 156083 0 18440 HELENE GARRISON FORMER COO, VP OF ACADEMIC AFFAIRS 37.50 X 332485 0 6310 1766344 0 195189 14 1 1 0 LAGUNA ART DISTRICT COMPLEX LLC 775 LAGUNA CANYON RD LAGUNA BEACH CA 92651 LESSOR 520645 LAGUNA FESTIVAL CENTER LLC 775 LAGUNA CANYON RD LAGUNA BEACH CA 92651 LESSOR 316033 LAZ KARP ASSOCIATES LLC PO BOX 782252 PHILADELPHIA PA 191782252 PARKING 116097 3 306869 367784 674653 TUITION 611600 24265782 24265782 NON-CREDIT COURSES 611600 593475 593475 24859257 38599 38599 812 812 79139 4773 74366 74366 74366 EMPLOYER RETENTION CREDITS 900099 3843634 3843634 3843634 29491321 24933623 0 3883045 6784949 6784949 1094888 1094888 8746557 8180992 402651 162914 256023 231213 18628 6182 602103 551850 37614 12639 776167 667292 96591 12284 112952 112952 51500 7000 44500 4255 4255 901247 44685 501435 355127 256726 151537 96252 8937 271677 235853 33471 2353 640406 504732 97845 37829 1344038 1320692 16834 6512 113763 91447 21504 812 156401 134102 6401 15898 396295 366573 20805 8917 1505709 1415367 60228 30114 551734 524254 19838 7642 MISCELLANEOUS 252939 93511 159352 76 INTERNET 209537 194869 10477 4191 JANITORIAL EXPENSE 201148 191162 7209 2777 UTILITIES 189839 181954 5692 2193 779692 650117 78931 50644 26200545 22524151 2944098 732296 5742224 14259942 29828 29939 363955 4072412 874201 940746 37149689 16959096 20198883 20190593 12407951 4039383 400289 1307680 40017331 44840695 2018290 2155236 97455 133970 12912438 12402888 21645 1652 0 924788 15049828 15618534 X 21081652 25301195 3885851 3920966 24967503 29222161 40017331 44840695 3290776 963882 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 12407951 144325 1089341 41023 13600594 14064358 200578 -1755146 54800 47039 12407951 2995660 10134262 990886 56450 14064358 2903520 422381 330241 2995660 2729731 396836 223047 2903520 0.72000 0.28000 0 0 9931838 9931838 8494690 3737469 4757221 5086522 3068874 2017648 10044355 9052125 992230 3592284 1100628 2491656 20190593 MUTUAL FUNDS 4039383 F 4039383 LEASE LIABILITY SOUTH CAMPUS 924788 924788 23670254 963882 -6784949 -5821067 29491321 0 29491321 19415596 0 19415596 6784949 6784949 26200545 PART III, LINE 4: THE COLLECTION CONSISTS OF STUDENT CREATED ART WORK WHICH IS USED AS AN EXHIBIT TO SHOW POTENTIAL STUDENTS THE QUALITY OF WORK PRODUCED BY THE STUDENTS CURRENTLY IN THE PROGRAM. PART V, LINE 4: THE ENDOWMENT INCOME AND APPRECIATION PROVIDES SOME OF THE SCHOLARSHIP FUNDS FOR THE STUDENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS -6,784,949. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS 6,784,949. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS STATED ON THE COLLEGE'S WEBSITE AND IN THE HANDBOOK. SCHEDULE E, PART I, LINE 6 LAGUNA COLLEGE OF ART & DESIGN PARTICIPATES IN TITLE IV FEDERAL FINANCIAL AID AND CALIFORNIA STATE AID IN THE FORM OF CAL GRANTS. 1 FINANCIAL AID - TUITION REDUCTION 751 6784949 BOOK TUITION REDUCTION PART I, LINE 2: ADMISSIONS IS GIVEN A PERCENTAGE OF GROSS TUITION TO AWARD AS INSTITUTIONAL GRANTS. THE CURRENT PERCENTAGE IS 26%. THE AMOUNT OF THE GRANT IS COMMUNICATED TO THE FINANCIAL AID OFFICE WHO MAKES IT PART OF THE TOTAL FINANCIAL AID PACKAGE. ONCE THE STUDENT ACCEPTS ADMISSION, THE GRANT IS POSTED TO THE STUDENTS ACCOUNT BY FINANCIAL AID. THE BUSINESS OFFICE MONITORS THE TOTAL AWARDED TO ENSURE THEY ARE WITHIN BUDGET. X X X 1 1 X X X 1 0 0 0 0 0 0 0 0 STEVEN BRITTAN PRESIDENT 278553 0 60000 0 6000 0 15250 0 28982 0 388785 0 0 0 HELENE GARRISON FORMER COO, VP OF ACADEMIC AFFAIRS 133331 0 0 0 199154 0 5730 0 580 0 338795 0 0 0 JAMES GODEK CFO 238827 0 5000 0 960 0 12160 0 19235 0 276182 0 0 0 NICOLE LESHER PROVOST 210406 0 0 0 99 0 8173 0 13785 0 232463 0 0 0 CHRISTOPHER BROWN VP OF ENROLLMENT MANAGEMENT 177420 0 0 0 0 0 8867 0 12424 0 198711 0 0 0 MATTHEW MORTON CHIEF INFORMATION OFFICER 164865 0 5000 0 360 0 8501 0 9804 0 188530 0 0 0 MICHAEL PEARLMAN CONTROLLER 148563 0 5000 0 2520 0 7770 0 10670 0 174523 0 0 0 AGNES SANCHEZ DIRECTOR OF HUMAN RESOURCES 125286 0 5000 0 0 0 7298 0 25960 0 163544 0 0 0 PART I, LINE 4A 1. HELENE GARRISON, COO, VP OF ACADEMIC AFFAIRS, NINE MONTHS LUMP-SUM SEVERANCE PAYMENT, TOTALLING $198,925. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 2018-05-01 14841756 TO REFINANCE PRIOR INDEBTEDNESS 0 0 0 A 2438868 14841756 14841756 2017 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 MOHAMMAD HONARKAR FATHER OF HASTY HONARKAR (TRUSTEE) 871372 LEASE 0 0 1 1 PART I, LINE 32B: LAGUNA COLLEGE OF ART & DESIGN EMPLOYS A 3RD PARTY CONTRACTOR TO RECORD GIFTS RECEIVED INTO OUR DATABASE. FORM 990, PART VI, SECTION B, LINE 11B EACH MEMBER OF THE BOARD OF TRUSTEES IS E-MAILED A COPY OF THE 990. AFTER TRUSTEES HAVE INDIVIDUALLY REVIEWED THE 990, THE CHAIR OF THE FINANCE COMMITTEE REVIEWS THE 990 IN DETAIL AND REPORTS ON THE RESULTS OF HER REVIEW TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND TRUSTEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF TRUSTEES DETERMINED PRESIDENT COMPENSATION DURING HIRING. HR VALIDATES COMPENSATION USING COMPARATIVE DATA IN RECRUITMENT. SALARY STRUCTURE REVIEWS ARE DONE EVERY FEW YEARS AS WELL. WHEN THE PRESIDENT WAS HIRED IN 2021, THE PRESIDENT'S COMPENSATION WAS DETERMINED BY THE BOARD AT TIME OF HIRE. THE COMPENSATION FOR ALL OTHER OFFICERS AND KEY EMPLOYEES IS BASED ON SALARY DATA OBTAINED FROM SALARY SURVEYS AND BUREAU OF LABOR STATISTICS. FORM 990, PART VI, SECTION C, LINE 19 LAGUNA COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION IN LAGUNA COLLEGE'S LIBRARY. THE COLLEGE'S LIBRARY IS OPEN TO THE PUBLIC.