Civic Intelligence

Marymount California University

EIN 95-2113260 • 501(c)3 • Palos Verdes Peninsula, CA

Profile

Marymount california university is a catholic institution that welcomes students of all faiths and backgrounds into a quality, values-based education. We foster a student-centered approach to learning that promotes the development of the whole person. Inspired by the religious of the sacred heart of mary, we challenge our students to pursue lives of leadership and service. Marymount california university empowers its students through an educational program that develops principled thinkers in the catholic liberal arts tradition. We promote an open and welcoming campus that builds skills for lifelong learning. We assist students to reach their goals in higher education. We strive to graduate students who embody the virtues of integrity, respect for human dignity and commitment to justice.

PO Box 4809Palos Verdes Peninsula, CA 90274-9998

www.marymountcalifornia.edu

Siviq Scores

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

Liabilities / Assets

49th percentile

0.20x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

48th percentile

0.26x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

8th percentile

-31%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

44th percentile

$220,074

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

3rd percentile

-23%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-12%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $52,856,479 (-100%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$0

Down $52,856,479 (-100%) from 2023

Revenue

Down

$1,603,987

Down $37,373,550 (-96%) from 2023

Expenses

Up

$53,914,550

Up $44,557,827 (+476%) from 2023

Net Income

Down

-$52,310,563

Down $81,931,377 (-277%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $41,140,468Liabilities 2010: $4,685,465Net Assets 2010: $36,455,0032010Assets 2011: $45,408,811Liabilities 2011: $7,835,973Net Assets 2011: $37,572,8382011Assets 2012: $48,362,626Liabilities 2012: $12,874,075Net Assets 2012: $35,488,5512012Assets 2013: $53,267,933Liabilities 2013: $15,993,840Net Assets 2013: $37,274,0932013Assets 2014: $47,946,853Liabilities 2014: $18,076,412Net Assets 2014: $29,870,4412014Assets 2015: $47,453,411Liabilities 2015: $16,460,101Net Assets 2015: $30,993,3102015Assets 2016: $44,530,281Liabilities 2016: $15,157,038Net Assets 2016: $29,373,2432016Assets 2017: $45,576,417Liabilities 2017: $9,668,604Net Assets 2017: $35,907,8132017Assets 2018: $45,502,174Liabilities 2018: $7,894,625Net Assets 2018: $37,607,5492018Assets 2019: $42,894,249Liabilities 2019: $6,422,171Net Assets 2019: $36,472,0782019Assets 2020: $44,710,924Liabilities 2020: $11,804,734Net Assets 2020: $32,906,1902020Assets 2021: $39,909,851Liabilities 2021: $7,097,314Net Assets 2021: $32,812,5372021Assets 2022: $30,642,938Liabilities 2022: $6,272,787Net Assets 2022: $24,370,1512022Assets 2023: $52,856,479Liabilities 2023: $0Net Assets 2023: $52,856,4792023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$100M$50M$0-$50M-$100MExpenses 2010: $21,980,8962010Revenue 2011: $27,995,951Expenses 2011: $27,597,906Net Income 2011: $398,0452011Expenses 2012: $33,881,6262012Revenue 2013: $37,869,091Expenses 2013: $35,682,719Net Income 2013: $2,186,3722013Revenue 2014: $35,354,416Expenses 2014: $41,103,448Net Income 2014: -$5,749,0322014Revenue 2015: $43,040,141Expenses 2015: $41,160,790Net Income 2015: $1,879,3512015Revenue 2016: $44,485,470Expenses 2016: $45,282,089Net Income 2016: -$796,6192016Revenue 2017: $44,183,405Expenses 2017: $38,651,526Net Income 2017: $5,531,8792017Revenue 2018: $38,083,922Expenses 2018: $36,641,984Net Income 2018: $1,441,9382018Revenue 2019: $31,725,774Expenses 2019: $32,845,898Net Income 2019: -$1,120,1242019Revenue 2020: $27,094,022Expenses 2020: $30,211,674Net Income 2020: -$3,117,6522020Revenue 2021: $26,961,567Expenses 2021: $27,721,856Net Income 2021: -$760,2892021Revenue 2022: $23,775,828Expenses 2022: $31,092,697Net Income 2022: -$7,316,8692022Revenue 2023: $38,977,537Expenses 2023: $9,356,723Net Income 2023: $29,620,8142023Revenue 2024: $1,603,987Expenses 2024: $53,914,550Net Income 2024: -$52,310,5632024

Highlighted filing

2024

Revenue$1,603,987
Expenses$53,914,550
Net Income-$52,310,563

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.60$53.9$52.3
2023Detailed filing. Detailed filing data is available for this year.$52.9$0.00$52.9$39.0$9.36$29.6
2022Detailed filing. Detailed filing data is available for this year.$30.6$6.27$24.4$23.8$31.1$7.32
2021Detailed filing. Detailed filing data is available for this year.$39.9$7.10$32.8$27.0$27.7$0.76
2020Detailed filing. Detailed filing data is available for this year.$44.7$11.8$32.9$27.1$30.2$3.12
2019Detailed filing. Detailed filing data is available for this year.$42.9$6.42$36.5$31.7$32.8$1.12
2018Detailed filing. Detailed filing data is available for this year.$45.5$7.89$37.6$38.1$36.6$1.44
2017Detailed filing. Detailed filing data is available for this year.$45.6$9.67$35.9$44.2$38.7$5.53
2016Detailed filing. Detailed filing data is available for this year.$44.5$15.2$29.4$44.5$45.3$0.80
2015Detailed filing. Detailed filing data is available for this year.$47.5$16.5$31.0$43.0$41.2$1.88
2014Detailed filing. Detailed filing data is available for this year.$47.9$18.1$29.9$35.4$41.1$5.75
2013Summary only. Only limited summary data is available for this year.$53.3$16.0$37.3$37.9$35.7$2.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.4$12.9$35.5$33.9
2011Summary only. Only limited summary data is available for this year.$45.4$7.84$37.6$28.0$27.6$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.1$4.69$36.5$22.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jan 31, 2024
Signed
Feb 23, 2024
Return Version
2023v4.0
Gross Receipts
$1,603,987
Mission and Program Overview

Mission

Marymount california university is a catholic institution that welcomes students of all faiths and backgrounds into a quality, values-based education. We foster a student-centered approach to learning that promotes the development of the whole person. Inspired by the religious of the sacred heart of mary, we challenge our students to pursue lives of leadership and service. Marymount california university empowers its students through an educational program that develops principled thinkers in the catholic liberal arts tradition. We promote an open and welcoming campus that builds skills for lifelong learning. We assist students to reach their goals in higher education. We strive to graduate students who embody the virtues of integrity, respect for human dignity and commitment to justice.

Marymount california university is a catholic institution that welcomes students of all faiths and backgrounds into a quality, values-based education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$51,412,848$0▼ $51,412,848
Prepaid Expenses and Deferred Charges$509,590$0▼ $509,590
Accounts Receivable$438,166$0▼ $438,166
Investments Other Securities$302,853$0▼ $302,853
Savings and Temporary Cash Investments$114,009$0▼ $114,009
Cash and Non-Interest-Bearing Accounts$79,013$0▼ $79,013
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$52,856,479$0▼ $52,856,479
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$50,940,148$0▼ $50,940,148
Net Assets With Donor Restrictions$1,916,331$0▼ $1,916,331
Total Net Assets Fund Balance$52,856,479$0▼ $52,856,479
Total Liabilities and Net Assets / Fund Balance$52,856,479$0▼ $52,856,479

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,912,964----
2022$7,151,693-▼ $166,548-$1,912,964
2021$10,860,257$5,587▼ $511,850-$7,151,693
2020$13,175,412$157,253▲ $1,697,870-$10,860,257
2019$12,939,075$102,025▲ $237,840-$13,175,412
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard AndersonChief Financial OfficerFT$225,662$35,632$261,294
Brian MarcottePresidentFT$211,429$25,119$236,548
Karen ThordarsonDirector of Human ResourcesFT$148,269-$148,269
Monte SchmeiserDirector of OperationsFT$124,616-$124,616
Susan AmalfitanoHr/payroll GeneralistFT$100,940-$100,940

Board Members and Trustees

NameTitle
Christopher WarmuthAudit Committee Chair
Bret JohnsenChair
Caroline SayersChair, Admissions, Retention, S.a.
Dr Sue SoldoffDevelopment Chair
Randy BowersFinance Committee Chair
Rick EdlerVice Chair
Fr Mark VillanoTrustee
Hon Jose H GomezTrustee
Sr Antoine-marie BaurierSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Adler & Colvin A Law CorporationLegal Services135 MAIN ST 20TH FLR, San Fransisco, CA 94105$348,977
Tkc Management LLCProperty Management4500 CAMERON VALLEY PARKWAY 400, Charlotte, NC 28211$196,478
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,603,367
Other Revenue
$620
Change in Net Assets
$-52,310,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$53,265,273
Salaries, Compensation, and Employee Benefits$485,083
Other Expenses$164,194
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$53,265,273--$53,265,273
Other Salaries and Wages-$211,397-$211,397
Current Officers, Directors, Trustees, and Key Employees-$168,557-$168,557
Fees for Services Legal-$108,815-$108,815
Other Employee Benefits-$86,565-$86,565
Occupancy-$18,654-$18,654
Payroll Taxes-$18,564-$18,564
Insurance-$15,006-$15,006
Information Technology-$7,383-$7,383
Fees for Services Accounting-$6,700-$6,700
Other Expenses-$5,103-$5,103
Fees for Service Investment Mgmnt Fees-$1,300-$1,300
Office Expenses-$1,233-$1,233
Total Functional Expenses$53,265,273$649,277$0$53,914,550
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Marymount Education FoundationRolling Hills Estates, CA501(c)(3)Educational Grants/programs$46,264,925
Marymount Education FoundationRolling Hills Estates, CA501(c)(3)MEF RESERVE FUND TO PAY OBLIGATIONS OF MCU AFTER MCU'S DISSOLUTION AND DISTRIBUTION OF ALL ASSETS TO MEF IN ACCORDANCE WITH A MCU MEF GRANT AGREEMENT.$4,874,038
Religious of the Sacred Heart of Mary Western American ProvinceMontebello, CA501(c)(3)School and Ministry Education$1,000,000
The Stotsenberg ProjectMurrieta, CA501(c)(3)Support Scholarship or Otherwise Assist Students in Their Educational Pursuits$109,269
RADY CHILDREN'S HOSPITAL FOUNDATIONSan Diego, CA501(c)(3)SUPPORT FINANCIAL AID TO UNDERRESOURCED FAMILIES FOR ATTENDANCE IN THE SUMMER MEDICAL ACADEMY THROUGH AND ENDOWMENT NAMED "THE DEBRA L. REED SUMMER MEDICAL ACADEMY SCHOLARSHIP FUND".$105,963
Kalamazoo CollegeKalamazoo, MI501(c)(3)SUPPORT EDUCATIONAL AND SCHOLARSHIP GRANTING ACTIVITIES THROUGH THE "HUBERT AND KATHERING PHELAN AND KATHLEEN PHELAN VOLLMER MERMORIAL ENDOWED SCHOLARSHIP" FUND.$103,605
Loyola Marymount UniversityLos Angeles, CA501(c)(3)Support for Film, Tv and Media Studies Scholarships$50,149
The Origins Project Foundation IncPhoenix, AZ501(c)(3)Support Educational Lectures and Courses on Variouos Academic Topics, Incl. Arts and Humanities$44,439
South Coast Botanic Garden FoundationPalos Verdes Estates, CA501(c)(3)Support Environmental Literacy and Education for Students$29,597
Marymount Education FoundationRolling Hills Estates, CA501(c)(3)Educational Grants/programs$0
Marymount Education FoundationRolling Hills Estates, CA501(c)(3)REVERSIONARY INTEREST IN PREPAID RENT VESTED IN THE MARYMOUNT EDUCATION FOUNDATION (MEF) (PER A GRANT AGREEMENT) ON BEHALF OF MARYMOUNT CALIFORNIA UNIVERSITY AND ITS SUCCESSORS/ASSIGNS. THE PREPAID RENT IS FOR A RESIDENTIAL UNIT OCCUPIED BY SR. ANTONIE-MARIE BAURIER, EMPLOYEE/OFFICER AND MEMBER OF THE CATHOLIC CHURCH ORDER RELIGIOUS OF THE SACRED HEART OF MARY AFTER 50 YEARS OF SERVICE TO THE ORDER AND THE UNIVERSITY UNDER A VOW OF POVERTY. WHEN THE UNIT IS NO LONGER OCCUPIED, THE RESIDUAL OF THE PREPAID RENT WILL REVERT TO MEF, MCU'S GRANTEE/DISTRIBUTEE.$0
Marymount Education FoundationRolling Hills Estates, CA501(c)(3)5 YEAR PREPAID DOCUMENT STORAGE RENT TO HOLD MARYMOUNT CALIFORNIA UNIVERSITY'S EDUCATIONAL, BUSINESS, ORGANIZATIONAL, AND OTHER DOCUMENTS FOR RECORD RETENTION.$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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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 B, Line 11B

Describe the process used by the organization to review the form 990. The information return was prepared by an outside accounting firm and reviewed and approved by management. Once approved by management, the return was provided to the board of trustees prior to being filed.

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

Does the organization regularly and consistently monitor and enforce compliance with the conflict of interest policy? All board of trustee members are required to sign a statement acknowledging they understand the conflict of interest policy and the board of trustee members are required to disclose any such conflicts.

Form 990, Part VI, Section B, Line 15A

Describe the process for determining compensation of the organization's ceo, executive director, or top management official. The organization's board of trustees periodically reviews the president's compensation package in its determination of compensation. The board reviews data from other organizations such as the association of independent california colleges and universities (aiccu) as well as other data sources.

Form 990, Part VI, Section C, Line 18

Describe how the organization makes its form 1023, 990 and 990-t documents available for public inspection. The university's form 990 is available to the public through www.guidestar.org, irs.gov search tool (see line 19 below) or upon written request. The university was formed in 1948 and, hence, is not required to make the form 1023 available for public inspection.

Form 990, Part VI, Section C, Line 19

Describe how the organization makes its governing documents, conflict of interest policy, and financial statements available to the public. The university makes its governing documents, conflict of interest policy, and financial statements available upon written request. The information returns are made available to the public: (1) upon written request, (2) through www.guidestar.org, a public website, and (3) through the irs.gov tax exempt organization search tool > irs.gov/charitiesnonprofits/searchfortaxexempt=organizations.

Filing and Contact Details

Filer

Filer Name
Marymount California University
EIN
95-2113260
Phone
3105446556
Address
PO BOX 4809, PALOS VERDES PENINSULA, CA 90274-9998

Signing Officer

Name
Brian Marcotte
Title
President
Phone
3105446556
Signed
2024-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Marcotte
Formed
1948
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
9
Employees
24
Volunteers
9

Preparer

Firm
Windes Inc
Address
PO BOX 87, LONG BEACH, CA 90801
Preparer
Donita Joseph
Phone
5624351191
Supplemental Narrative

Additional Explanations

FORM 990, PART IV, LINE 31, CLOSING OF UNIVERSITY OPERATIONS:

On april 22, 2022, the university formally announced that educational operations (undergraduate, academic courses for degree credits) would discontinue as of august 31, 2022. Subsequent to august 31,2022, the university has been engaged in continuing public charity activities fulfilling requests and requirements of the department of education, accreditation agencies, and other related bodies. As of january 31, 2024, the university is officially dissolved and has ceased operations. Schedule n, part i has been completed accordingly.

FORM 990, PART XI, LINE 9:

Returned endowments and donations -526,918.

Financial Statement Notes

PART V, LINE 4:

Describe the intended use of the organization's endowment funds. The intended uses of marymount california university's endowment funds include a variety of purposes including funding of scholarships, academic support, capital and other special projects.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0BRIAN MARCOTTE
IRS990/Form990PartVIISectionAGrp/PersonNm1BRET JOHNSEN
IRS990/Form990PartVIISectionAGrp/PersonNm2RICK EDLER
IRS990/Form990PartVIISectionAGrp/PersonNm3SR ANTOINE-MARIE BAURIER
IRS990/Form990PartVIISectionAGrp/PersonNm4CAROLINE SAYERS
IRS990/Form990PartVIISectionAGrp/PersonNm5DR SUE SOLDOFF
IRS990/Form990PartVIISectionAGrp/PersonNm6CHRISTOPHER WARMUTH
IRS990/Form990PartVIISectionAGrp/PersonNm7RANDY BOWERS
IRS990/Form990PartVIISectionAGrp/PersonNm8FR MARK VILLANO
IRS990/Form990PartVIISectionAGrp/PersonNm9HON JOSE H GOMEZ
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm11KAREN THORDARSON
IRS990/Form990PartVIISectionAGrp/PersonNm12MONTE SCHMEISER
IRS990/Form990PartVIISectionAGrp/PersonNm13SUSAN AMALFITANO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0236548
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10261294
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11148269
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12124616
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13100940
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR, ADMISSIONS, RETENTION, S.A.
IRS990/Form990PartVIISectionAGrp/TitleTxt5DEVELOPMENT CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6AUDIT COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7FINANCE COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt13HR/PAYROLL GENERALIST
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01948
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0200
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt053265273
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt053265273
IRS990/GrantsToDomesticOrgsGrp/TotalAmt053265273
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0200
IRS990/GrossReceiptsAmt01603987
IRS990/GroupExemptionNum00928
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07383
IRS990/InformationTechnologyGrp/TotalAmt07383
IRS990/InsuranceGrp/ManagementAndGeneralAmt015006
IRS990/InsuranceGrp/TotalAmt015006
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01603167
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01603167
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0302853
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt051412848
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MARYMOUNT CALIFORNIA UNIVERSITY IS A CATHOLIC INSTITUTION THAT WELCOMES STUDENTS OF ALL FAITHS AND BACKGROUNDS INTO A QUALITY, VALUES-BASED EDUCATION. WE FOSTER A STUDENT-CENTERED APPROACH TO LEARNING THAT PROMOTES THE DEVELOPMENT OF THE WHOLE PERSON. INSPIRED BY THE RELIGIOUS OF THE SACRED HEART OF MARY, WE CHALLENGE OUR STUDENTS TO PURSUE LIVES OF LEADERSHIP AND SERVICE. MARYMOUNT CALIFORNIA UNIVERSITY EMPOWERS ITS STUDENTS THROUGH AN EDUCATIONAL PROGRAM THAT DEVELOPS PRINCIPLED THINKERS IN THE CATHOLIC LIBERAL ARTS TRADITION. WE PROMOTE AN OPEN AND WELCOMING CAMPUS THAT BUILDS SKILLS FOR LIFELONG LEARNING. WE ASSIST STUDENTS TO REACH THEIR GOALS IN HIGHER EDUCATION. WE STRIVE TO GRADUATE STUDENTS WHO EMBODY THE VIRTUES OF INTEGRITY, RESPECT FOR HUMAN DIGNITY AND COMMITMENT TO JUSTICE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt052856479
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0200
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0200
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-18998
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt050940148
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt018654
IRS990/OccupancyGrp/TotalAmt018654
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01233
IRS990/OfficeExpensesGrp/TotalAmt01233
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-526918
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt086565
IRS990/OtherEmployeeBenefitsGrp/TotalAmt086565
IRS990/OtherExpensesGrp/Desc0BANK & ADMIN FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05103
IRS990/OtherExpensesGrp/TotalAmt05103
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE CLAIM
IRS990/OtherRevenueMiscGrp/ExclusionAmt0620
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0620
IRS990/OtherRevenueTotalAmt0620
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0211397
IRS990/OtherSalariesAndWagesGrp/TotalAmt0211397
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018564
IRS990/PayrollTaxesGrp/TotalAmt018564
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0509590
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0BRIAN MARCOTTE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010388
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IRS990/PYGrantsAndSimilarPaidAmt0558210
IRS990/PYInvestmentIncomeAmt038418983
IRS990/PYOtherExpensesAmt05202406
IRS990/PYOtherRevenueAmt0108588
IRS990/PYProgramServiceRevenueAmt0439578
IRS990/PYRevenuesLessExpensesAmt029620814
IRS990/PYSalariesCompEmpBnftPaidAmt03596107
IRS990/PYTotalExpensesAmt09356723
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt038977537
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-52310563
IRS990/RegularMonitoringEnfrcInd01
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IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0114009
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01912964
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt01912964
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt05065962
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07151693
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01912964
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt06219
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-166548
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt03048189
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010860257
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt05587
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07151693
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0154112
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-511850
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt04170278
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt013175412
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0157253
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010860257
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01697870
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt012939075
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0102025
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt013175412
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0103528
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0237840
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DESCRIBE THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS. THE INTENDED USES OF MARYMOUNT CALIFORNIA UNIVERSITY'S ENDOWMENT FUNDS INCLUDE A VARIETY OF PURPOSES INCLUDING FUNDING OF SCHOLARSHIPS, ACADEMIC SUPPORT, CAPITAL AND OTHER SPECIAL PROJECTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A NOTICE OF THE UNIVERSITY'S NONDISCRIMINATORY POLICY IS PUBLISHED AND ADVERTISED TO THE PUBLIC VIA BOTH THE UNIVERSITY'S WEBSITE* AND BROCHURES IN ACCORDANCE WITH REVENUE PROCEDURE 75-50. * WITH THE CLOSING OF UNIVERSITY OPERATIONS IN AUGUST 2022 (SEE SCHEDULE O), THE WEBSITE WAS REVISED TO ASSIST TRANSFERRING STUDENTS AND THE NONDISCRIMINATORY POLICY IS NO LONGER VIEWABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE COLLEGE ADMINISTERS FEDERAL GOVERNMENT FINANCIAL AID TO ITS STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt046264925
IRS990ScheduleI/RecipientTable/CashGrantAmt14874038
IRS990ScheduleI/RecipientTable/CashGrantAmt20
IRS990ScheduleI/RecipientTable/CashGrantAmt30
IRS990ScheduleI/RecipientTable/CashGrantAmt40
IRS990ScheduleI/RecipientTable/CashGrantAmt51000000
IRS990ScheduleI/RecipientTable/CashGrantAmt6103605
IRS990ScheduleI/RecipientTable/CashGrantAmt750149
IRS990ScheduleI/RecipientTable/CashGrantAmt8109269
IRS990ScheduleI/RecipientTable/CashGrantAmt944439
IRS990ScheduleI/RecipientTable/CashGrantAmt10105963
IRS990ScheduleI/RecipientTable/CashGrantAmt1129597
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
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IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt2285739

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