Civic Intelligence

Orange County School of the Arts

EIN 33-0891574 • 501(c)3 • Santa Ana, CA

Profile

We provide an unparalleled arts and acdademic education in a creative, challenging and nurturing environment to a diverse student body passionate about the arts, preparing them to reach their highest potential.

1010 N Main StreetSanta Ana, CA 92701

www.ocsarts.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.78x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.46x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

32nd percentile

-0.6%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$477,097

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

9th percentile

-8.9%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

5.7%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$27,677,434

Down $2,697,393 (-8.9%) from 2023

Liabilities

Down

$21,592,258

Down $2,392,789 (-10.0%) from 2023

Net Assets

Down

$6,085,176

Down $304,604 (-4.8%) from 2023

Revenue

Up

$47,434,421

Up $2,563,896 (+5.7%) from 2023

Expenses

Up

$47,739,025

Up $1,306,216 (+2.8%) from 2023

Net Income

Up

-$304,604

Up $1,257,680 (+81%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0-$20MAssets 2010: $18,634,389Liabilities 2010: $19,498,511Net Assets 2010: -$864,1222010Assets 2011: $47,487,433Liabilities 2011: $47,542,887Net Assets 2011: -$55,4542011Assets 2012: $46,737,374Liabilities 2012: $47,120,497Net Assets 2012: -$383,1232012Assets 2013: $46,836,190Liabilities 2013: $47,561,153Net Assets 2013: -$724,9632013Assets 2014: $45,951,167Liabilities 2014: $46,687,827Net Assets 2014: -$736,6602014Assets 2015: $42,745,357Liabilities 2015: $45,885,714Net Assets 2015: -$3,140,3572015Assets 2016: $42,911,376Liabilities 2016: $46,016,116Net Assets 2016: -$3,104,7402016Assets 2017: $45,227,507Liabilities 2017: $49,733,118Net Assets 2017: -$4,505,6112017Assets 2018: $20,654,232Liabilities 2018: $19,391,409Net Assets 2018: $1,262,8232018Assets 2019: $20,199,832Liabilities 2019: $19,552,999Net Assets 2019: $646,8332019Assets 2020: $21,690,404Liabilities 2020: $24,094,012Net Assets 2020: -$2,403,6082020Assets 2021: $14,647,557Liabilities 2021: $3,836,402Net Assets 2021: $10,811,1552021Assets 2022: $13,072,907Liabilities 2022: $5,120,843Net Assets 2022: $7,952,0642022Assets 2023: $30,374,827Liabilities 2023: $23,985,047Net Assets 2023: $6,389,7802023Assets 2024: $27,677,434Liabilities 2024: $21,592,258Net Assets 2024: $6,085,1762024

Highlighted filing

2024

Assets$27,677,434
Liabilities$21,592,258
Net Assets$6,085,176

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $14,295,0702010Expenses 2011: $16,273,2662011Expenses 2012: $18,536,0002012Expenses 2013: $19,652,0822013Revenue 2014: $23,327,274Expenses 2014: $23,338,971Net Income 2014: -$11,6972014Revenue 2015: $23,957,217Expenses 2015: $25,965,490Net Income 2015: -$2,008,2732015Revenue 2016: $28,401,812Expenses 2016: $28,366,195Net Income 2016: $35,6172016Revenue 2017: $29,812,673Expenses 2017: $31,213,544Net Income 2017: -$1,400,8712017Revenue 2018: $40,040,911Expenses 2018: $33,121,287Net Income 2018: $6,919,6242018Revenue 2019: $33,092,416Expenses 2019: $33,708,406Net Income 2019: -$615,9902019Revenue 2020: $33,491,925Expenses 2020: $36,542,366Net Income 2020: -$3,050,4412020Revenue 2021: $49,463,330Expenses 2021: $36,248,567Net Income 2021: $13,214,7632021Revenue 2022: $39,474,963Expenses 2022: $42,334,054Net Income 2022: -$2,859,0912022Revenue 2023: $44,870,525Expenses 2023: $46,432,809Net Income 2023: -$1,562,2842023Revenue 2024: $47,434,421Expenses 2024: $47,739,025Net Income 2024: -$304,6042024

Highlighted filing

2024

Revenue$47,434,421
Expenses$47,739,025
Net Income-$304,604

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$27.7$21.6$6.09$47.4$47.7$0.30
2023Detailed filing. Detailed filing data is available for this year.$30.4$24.0$6.39$44.9$46.4$1.56
2022Detailed filing. Detailed filing data is available for this year.$13.1$5.12$7.95$39.5$42.3$2.86
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$3.84$10.8$49.5$36.2$13.2
2020Detailed filing. Detailed filing data is available for this year.$21.7$24.1$2.40$33.5$36.5$3.05
2019Detailed filing. Detailed filing data is available for this year.$20.2$19.6$0.65$33.1$33.7$0.62
2018Detailed filing. Detailed filing data is available for this year.$20.7$19.4$1.26$40.0$33.1$6.92
2017Detailed filing. Detailed filing data is available for this year.$45.2$49.7$4.51$29.8$31.2$1.40
2016Detailed filing. Detailed filing data is available for this year.$42.9$46.0$3.10$28.4$28.4$0.04
2015Detailed filing. Detailed filing data is available for this year.$42.7$45.9$3.14$24.0$26.0$2.01
2014Detailed filing. Detailed filing data is available for this year.$46.0$46.7$0.74$23.3$23.3$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.8$47.6$0.72$19.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.7$47.1$0.38$18.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.5$47.5$0.06$16.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$19.5$0.86$14.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 27, 2025
Return Version
2023v6.0
Gross Receipts
$47,682,748
Mission and Program Overview

Mission

The orange county school of the arts (the school)is a non-profit public benefit school organized under the non-profit public benefit school law of the state of california. The school is a charter school sponsored by santa ana unified school district according to the conditions and requirements of ab 544 and applicable california charter school laws. The school's student population is students who have demonstrated talents and interests in the arts, grades 7-12, and who reside in orange county and neighboring counties.

Operates a charter school that embraces and encourages artistic creativity and academic excellence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,784,091$3,890,893▲ $2,106,802
Savings and Temporary Cash Investments$2,682,151$3,612,355▲ $930,204
Land, Buildings, and Equipment, Net$3,059,003$2,392,533▼ $666,470
Pledges and Grants Receivable$2,066,753$1,374,520▼ $692,233
Prepaid Expenses and Deferred Charges$266,630$172,978▼ $93,652
Accounts Receivable$200,703$146,395▼ $54,308
Total Assets$30,374,827$27,677,434▼ $2,697,393
Other Assets Total$20,315,496$16,087,760▼ $4,227,736
Liabilities
Other Liabilities$20,928,925$17,812,163▼ $3,116,762
Accounts Payable and Accrued Expenses$2,561,838$3,481,500▲ $919,662
Mortgage Notes Payable Secured by Investment Property$280,000$280,000→ $0
Deferred Revenue$214,284$18,595▼ $195,689
Total Liabilities$23,985,047$21,592,258▼ $2,392,789
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,932,704$5,400,051▼ $532,653
Net Assets With Donor Restrictions$457,076$685,125▲ $228,049
Total Net Assets Fund Balance$6,389,780$6,085,176▼ $304,604
Total Liabilities and Net Assets / Fund Balance$30,374,827$27,677,434▼ $2,697,393

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$708,697$11,476,947$12,185,644
Leasehold Improvements$1,112,002$6,734,667$7,846,669
Other Land Buildings$571,834$1,661,499$2,233,333
Other Assets Org$15,943,609--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve WagnerVP of OperationsFT$342,914$134,183$477,097
Teren ShafferPresident & CEOFT$292,280$126,190$418,470
Michael CiecekPrincipalFT$234,257$53,692$287,949
Jena DucaDirector of Human ResourcesFT$177,213$99,692$276,905
Becca FreelandDean of Student ServicesFT$197,963$57,675$255,638
Elizabeth TonVP of DevelopmentFT$179,271$66,704$245,975
MELISSA O'NEILLDirector of FinanceFT$156,555$88,011$244,566
Maria LazarovaDean of Arts ConservatoriesFT$184,554$51,380$235,934

Board Members and Trustees

NameTitle
Vincent FoleyChair
Gary HumphreysDirector
Halim DhanidinaDirector
Jessica HerthelDirector
Paul SatkinSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Sheppard Mullin Richter & Hampton LLPAttorney333 SOUTH HOPE ST 43RD FLOOR, Los Angeles, CA 90071$662,199
Margaret A Chidester & AssocAttorney17762 COWAN FIRST FLOOR, Irvine, CA 92614$289,167
Schoolability LLCPayroll ProcessingPO BOX 21565, Albuquerque, NM 87154$142,919
Revenue and Support

Revenue Composition

Contributions and Grants
$44,610,997
Program Service Revenue
$1,418,783
Investment Income
$78,442
Other Revenue
$1,326,199
All Other Contributions
$9,157,101
Change in Net Assets
$-304,604

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$55,109Fair Market Value
Other Non Cash Contri Table1$15,453Fair Market Value
Other Non Cash Contri Table1$8,446Fair Market Value
Food Inventory1$3,920Fair Market Value
Other Non Cash Contri Table1$3,769Fair Market Value
Other Non Cash Contri Table1$350Fair Market Value
Other Non Cash Contri Table1$300Fair Market Value
Total Noncash Contributions7$87,347-

Audited Revenue Reconciliation

Revenue per Audited Statements
$47,682,748
Revenue Not Reported on Financial Statements
$-248,327
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-248,327
Total Revenue per Audited Statements
$47,682,748
Total Revenue per Form 990
$47,434,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$30,844,849
Other Expenses$16,894,176
Total Fundraising Expense$1,116,655
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,738,532$2,294,023$641,203$21,673,758
Occupancy$5,225,656$585,354-$5,811,010
Pension Plan Contributions$3,567,077$486,904$123,730$4,177,711
All Other Expenses$1,680,919$1,600,857$122,521$3,404,297
Other Employee Benefits$2,675,988$373,780$100,314$3,150,082
Fees for Services Other$336,637$1,057,304-$1,393,941
Office Expenses-$1,299,468-$1,299,468
Current Officers, Directors, Trustees, and Key Employees$824,726$230,923$43,984$1,099,633
Depreciation Depletion$1,051,034--$1,051,034
Fees for Services Legal-$946,106-$946,106
Payroll Taxes$632,115$89,240$22,310$743,665
Insurance-$363,590-$363,590
Other Expenses$289,069$175,412$13,425$289,069
Fees for Services Management-$270,199-$270,199
Travel$143,390--$143,390
Fees for Services Accounting-$84,000-$84,000
Information Technology$43,040$7,873$1,575$52,488
Interest$40,968--$40,968
Advertising-$30,980-$30,980
Conferences and Meetings$18,221--$18,221
Total Functional Expenses$36,104,506$10,517,864$1,116,655$47,739,025

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$47,987,352
Expenses per Audited Statements$47,739,025
Total Expenses per Form 990$47,739,025
Expenses Not Reported on Form 990$248,327
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$15,944,458
Due to Related Parties$1,269,102
Funds Held in Trust$318,603
Due to Related Parties$280,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have committees that act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.

Form 990, Part VI, Section B, Line 12C

Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the board member, officer, or employee, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.

Form 990, Part VI, Section B, Line 15

The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action. The process described here was last completed in 2024.

Form 990, Part VI, Section C, Line 19

Governing documents and conflicts of interest are available through the school's website, school policies and procedures and minutes of the board of trustee meetings.

Filing and Contact Details

Filer

Filer Name
Orange County School of the Arts
EIN
33-0891574
Phone
7145600900
Address
1010 N MAIN STREET, SANTA ANA, CA 92701

Signing Officer

Name
Teren Shaffer
Title
President & CEO
Phone
7145600900
Signed
2025-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teren Shaffer
Formed
1987
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
611
Volunteers
42

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen
Phone
6268577300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process for oversight and selection of an independent accountant has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is a non-profit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The organization is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purposes. The organization files an exempt organization return and applicable unrelated business income tax return in the us federal jurisdiction and with the california franchise tax board.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Expenses related to rental income -42,528. Cost of goods sold -205,799.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses related to rental income 42,528. Cost of goods sold 205,799.

Form 990, Scheudle D, Part XI, Line 4B

Rental income was net against related expenses and cost of goods sold was net against related revenue, causing both revenues and expenses on the 990 to be $248,327 lower than reported on the audited financial statements.

Form 990, Scheudle D, Part XII, Line 2D

Rental income was net against related expenses and cost of goods sold was net against related revenue, causing both revenues and expenses on the 990 to be $248,327 lower than reported on the audited financial statements.

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IRS990/Desc0ORANGE COUNTY SCHOOL OF THE ARTS (OCSA) IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION UNDER THE LAWS OF THE STATE OF CALIFORNIA. THE ORGANIZATION CONSISTS OF A CHARTER SCHOOL AND THE LEGACY FUND, A RELATED PARTY OF THE SCHOOL FORMED TO PURCHASE AND MANAGE PROPERTIES TO BE RENTED TO THE SCHOOL. OCSA CONSISTS OF APPROXIMATELY 2,289 STUDENTS IN GRADES 7-12.
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IRS990/Form990PartVIISectionAGrp/PersonNm4MARIA LAZAROVA
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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRINCIPAL
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DEAN OF ARTS CONSERVATORIES
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIR. OF HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/MissionDesc0WE PROVIDE AN UNPARALLELED ARTS AND ACDADEMIC EDUCATION IN A CREATIVE, CHALLENGING AND NURTURING ENVIRONMENT TO A DIVERSE STUDENT BODY PASSIONATE ABOUT THE ARTS, PREPARING THEM TO REACH THEIR HIGHEST POTENTIAL.
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