•17
ANNUAL REPORT 2013
Art Center Annual Report Trustees Robert C. Davidson, Jr., Chairman Carl Bass Ronald Bension Douglas C. Boyd TRAN 66 Lorne M. Buchman Wesley A. Coleman Jeffrey L. Glassman Linda M. Griego William T. Gross Linda A. Hill Kit Hinrichs ADVT 63 Charles Floyd Johnson Timothy M. Kobe ENVL 82 George H. Ladyman, Jr. TRAN 87 Samuel J. Mann Molly M. Morgan Peter W. Mullin Charles E. Nearburg Greg Silverman Reiner M. Triltsch Judy C. Webb Alyce de Roulet Williamson
If there is one question that shapes every decision we make at Art Center, it is this: How can we provide the best educational experience possible for our students? It’s also the question we pose to all our philanthropic partners. Whether we are talking to an alumnus about creating a scholarship, an entrepreneur about making an in-kind gift of lighting or software, or a corporation about sponsoring a class project, providing our future art and design leaders with resources to maximize their long-term success is always paramount. The 870 building, new home to Art Center Illustration and Fine Art (see page 12), is no exception to this rule. The first tangible expression in 10 years of the College’s plans for expansion, 870 isn’t just a striking new addition to the South Campus landscape. It is, at its heart, a dynamic facility that solves many of the educational challenges our students have faced in the past while paving the way for a future of expanded learning opportunities. Alumni, faculty, staff, families and friends all joined forces to make 870 a reality and a success. And so far, the new building has received rave reviews, especially from our students. On their behalf, and for all of us at the College, I offer my thanks to all our donors, who demonstrate again and again how harnessing our collective strengths can yield exceptional results.
Robert C. Davidson, Jr. Chairman, Board of Trustees Art Center College of Design
•18
SPRING 2014 — artcenter.edu/dot
Art Center College of Design Consolidated Statements of Activities for the Year Ended June 30, 2013 Temporarily Restricted Net Assets
Permanently Restricted Net Assets
Total
70,275
-
-
70,275
Private gifts and grants
566
-
-
566
Investment and other income
759
-
-
759
Sales and services of auxiliary enterprises
658
-
-
658
IN THOUSANDS OF DOLLARS
Unrestricted Net Assets
Operating Revenues Net tuition and fees
Other sources
2,122 - - 2,122
Amounts released from restrictions
1,143
TOTAL REVENUES
-
-
1,143
75,523 - - 75,523
Operating Expenses Education
49,057 - - 49,057
Student services
6,696 - - 6,696
Administration
9,602 - - 9,602
Advancement
3,128 - - 3,128
Auxiliary services TOTAL EXPENSES Increase in net assets from operations
543 - - 543 69,026 - - 69,026 6,497
-
-
6,497
Private gifts and grants
-
6,466
366
6,832
Endowment income
- 863
Other Changes in Net Assets
Net change in actuarial obligations
- 863
(82)
-
-
(82)
1,013
5,891
-
6,904
3,499
-
-
3,499
-
(1,168)
25
(1,143)
Increase in net assets from other changes
4,430
12,052
391
16,873
Change in net assets
10,927
12,052
391
23,370
NET ASSETS AT BEGINNING OF YEAR
42,820
9,935
44,811
97,566
NET ASSETS AT END OF YEAR
53,747
21,987
45,202
120,936
Net appreciation in fair value of investments Gain on interest rate swap Amounts released from restrictions and reclass
The fair market value of Art Center College of Design's endowment on June 30, 2013 was $54,019,000.
•19
ANNUAL REPORT 2013
Gifts and Government Grants by Source
Gifts and Government Grants by Purpose
IN DOLLARS
68%
Gifts
Capital Improvement
Trustees 15,291,340
20%
Alumni 240,432
Other Current Expenditure
Parents 37,735 Faculty/Staff/Administration 13,006 Other Individuals
511,356
Corporations 5,773,266 Foundations 2,183,950
24,051,085
Government Grants
130,000 5% Sponsored Projects
TOTAL 24,181,085
4% Scholarships 2% Annual Unrestricted Expenditure
Endowment and Quasi-endowment Market Values
1% Endowment
Art Center’s endowment is made up of gifts from alumni, foundations, corporations and other friends. The Board of Trustees has designated income accrued through careful enrollment management to Art Center’s quasi-endowment in order to generate additional scholarship awards for students. IN DOLLARS
52,026,000
Endowment Funds
42,869,000
Quasi-endowment (board-designated)
48,480,000
42,938,000
43,182,000 42,531,000
54,019,000
33,432,000
35,748,000 22,077,000
15,687,000
10,000,000
Dec. 31, 2004
Dec. 31, 2005
Dec. 31, 2006
Dec. 31, 2007
Dec. 31, 2008
Dec. 31, 2009
Dec. 31, 2010
0 June 30, 2011
June 30, 2012
June 30, 2013
•20
SPRING 2014 — artcenter.edu/dot
Honor Roll of Donors July 2012–June 2013
Art Center hit an all-time fundraising record in 2013. During the period starting July 1, 2012, and ending June 30, 2013, alumni, friends and other supporters helped propel the College’s fundraising total to pass the $24 million mark—an increase of nearly 150 percent over last year’s total. We are particularly grateful to Peter and Merle Mullin for their extraordinary commitment of $15 million, the largest gift in the College’s history, to support future creative leaders, fuel campus growth and help fund a new building. Whether our donors choose to support scholarships, facility improvements, educational programs or the College’s greatest needs, their generosity significantly enriches the experience of all our students and helps Art Center set a new standard for art and design education. Arwen Duffy Senior Vice President Development and External Affairs
The support of our generous donors makes all that we do at Art Center possible. This Honor Roll acknowledges all contributions to the College in fiscal year 2012–13, including active pledges and gifts made from July 1, 2012, through June 30, 2013. On behalf of the Art Center community, we thank you—our friends and supporters—for helping make Art Center a global leader in art and design education. We have made every effort to ensure the accuracy of this document. If an error or omission has occurred, please contact Maya Fredrickson at 626.396.2455 so that we can correct our records. Contributions made by two or more individuals with different surnames are listed alphabetically by one of the surnames; please check under all related surnames to find the acknowledgment. [d]= deceased
$1,000,000 and Above Merle and Peter Mullin The Ralph M. Parsons Foundation
$100,000-$999,999 The Ahmanson Foundation The Boeing Company | TEAGUE Robin Bolli General Motors Foundation The Fletcher Jones Foundation Melissa and Michael Lora Nestlé Purina PetCare Saudi Arabian Oil Company Judy C. Webb
$50,000-99,999 The Annenberg Foundation The Chrysler Foundation Clemson University International Center of Automotive Research Richard and Jean Coyne Family Foundation James Dyson Foundation Honda R & D Co., Ltd. Intel Corporation International Game Technology Motorola Inc. National Collegiate Inventors and Innovators Alliance Piaggio & C. S.p.A. Marguerite Player Brown Nancy Player Legler Sally Player Petersen Maureen Player Sundberg and Robert L. Sundberg Lorna and John Seals, Jr. PROD 64 Surdna Foundation, Inc. Toyota Motor Sales U.S.A., Inc. United States Geological Survey (USGS) Zero Motorcycles
$25,000-$49,999 Bettina Chandler COANIQUEM East West Bank Ford Motor Company Fund Ronald E. Galella PHOT 57 Jeffrey Glassman Phil Hettema ILLU 81 Johnson & Johnson Consumer Products Nancy and Jerry V. Johnson ADVT 59 Fanny and Raymond Louey Raylene and Bruce Meyer Tomoko J. Miho INDU 56 [d] Lowell Milken Family Foundation and Professor Leah Toby Hoffmitz HONORARY ALUMNA National Endowment for the Arts National Endowment for the Humanities Nestlé S.A. NIKE, Inc. Pasadena Art Alliance San Marino League Sappi Fine Paper North America Sennheiser electronic GmbH & Co. KG The Tech Museum of Innovation Wallis Foundation Lynda Weinman and Bruce Heavin ILLU 93 Wells Fargo Philanthropy Fund Alyce and Warren Williamson
•21
ANNUAL REPORT 2013
$10,000-$24,999
$2,500-$4,999
Anonymous Alliance Française de Los Angeles Armand Hammer Foundation Bernhardt Design Linda and Douglas Boyd TRAN 66 Lorne M. Buchman and Rochelle Shapell California Institute of Technology Wesley A. Coleman Collectors Foundation Hilary E. Crahan Michele M. Crahan Faye and Robert Davidson Rowe and Gayle Giesen Trust Doug Johnson and Valerie Gordon Johnson FILM 78 Bill Gross and Marcia Goodstein Michael Armand Hammer Linda A. Hill and Roger Breitbart Linda ADVT 64 and Kit Hinrichs ADVT 63 Anne and Charles Floyd Johnson Stacy and George Ladyman, Jr. TRAN 87 Sam and Emily Mann George H. Mayr Foundation Metal Finishing Association of Southern California, Inc. Microsoft Corporation Bonnie Nash and Donald Wing Charles Nearburg and Karen Miller Nissan North America, Inc. The Kenneth T. and Eileen L. Norris Foundation James R. Powers TRAN 56 David and Fela Shapell Family Foundation Esther Sinclaire Sodexo Dwight Stuart Youth Fund Studio Hinrichs TPI Composites, Inc. Reiner and Michelle Triltsch U.S. Fund for UNICEF Wendy and Raymond Vicks
Ashoka EcoMotors International Phyllis and Donald Epstein The Getty Foundation Hagerty Insurance Agency Hitter Family Foundation Joan and John Hotchkis Courtney and John Hotchkis TRAN 86 Terri and Jerry Kohl Frank L. Lanza ADIL 57 Ronald and Elaine Lee Peter D. Miller PHOT 79 Pasadena Community Foundation PCGCampbell Helen M. Posthuma Rapid Rack Industries, Inc. Tadatoshi Sato GRPH 74 Barbara Mann Steinwedell Susan and Clark Valentine PROD 71
$5,000-$9,999 Grace Ray Anderson William Bartley ADVT 63 [d] Mary and Ronald Bension Christian Denhart PROD 10 Électricité de France GK Design Group (Kenji Ekuan PROD 57) Aracelia and Matthew A. Haligman ADVT 81 Johnson Controls, Inc. Joyce and Mel Keefer ILLU 64 (Ben B. and Joyce E. Eisenberg Foundation) Nancy and Harry Landsiedel Elise Mudd Marvin [d] Monotype Ramone C. Muñoz ADVT 77, MFA ART 90 and Tom Jacobson Nissan Design America Joanna and Julian Ryder ADVT 72 Mary B. Sheridan Trust Under Armour United Nations Population Fund (UNFPA) Vanguard Charitable Endowment Program Frederick R. Weisman Philanthropic Foundation
$1,000-$2,499 Anonymous Action Marketing Group Douglas S. Andelin ILLU 87 Daniel Ashcraft PROD 73 Gwen and Guil Babcock Rob Ball ENVL 83 Catherine Baron Ann Dobson Barrett Jeannie and Kurt Beckmeyer Chantal and Stephen Bennett Paul Bielenberg PHOT 98 Helen Bing Bruce Bittle PROD 62 Jeannie Blackburn Bloom Hergott Diemer, et al. Blum & Poe Judith B. Brandt Wendy West Brenninkmeijer David and Judith Brown Hall Browne Charitable Fund Beatrice and Frederick Burstein Susan and John Caldwell California Community Foundation Sioux Cann Ophelia Chong FINE 89 Paul and Sherrill Colony Jon Conrad ILLU 82 Dandelion Foundation Yvonne de C. Segerstrom Timothy J. Delaney PROD 72 Design Studio Press Linda Stewart Dickason Jennifer Diener Kristen Ding GRPH 94 and Mitchell Chang Louise O. Dougherty Arwen and Sean Duffy Mark Fennimore ADVT 86 Barbara Kitasako Finn Constance and Gordon [d] Fish Richard N. Frank Richard and Eileen Garson Earl Gee GRPH 83
Glenn C. Gee PROD 73 Jo Ann and Walter H. Gollwitzer PROD 63 Kelsey Browne Hall Harry and Betsy Hathaway Carol and Warner Henry Adelaide Hixon Karen Hofmann PROD 97 Donald Huie PROD 62 Nancy Hulick Wayne Hunt HONORARY ALUMNUS and Carla Walecka Roberta Huntley Jennifer L. Johnston PHOT 98 Marie and Louis Jones Stephen A. Kanter, M.D. Desdy Kellogg Baggott Patricia H. Ketchum The Joy Kingston Foundation and Paul Matthew Layne Professor Gloria A. Kondrup MFA GRPH 93 Andrew Kramer ENVL 73 Denise and Ming Lai Jay Malloy PROD 84 Darian Dragge Meguiar’s, Inc. Gary Meyer ILLU 59 Moo, Inc. Seeley W. Mudd Foundation Dave Muhs and Jill Farrer Muhs Maggie Navarro Carolyn E. Oliver (Oliver’s, Pasadena, CA) Peggy Phelps May Heishi Porter Judy and Ben Reiling Winslow and Lynn Reitnouer Linda Relyea Andrew Scott Robertson TRAN 90 Ray and Janet Scherr Foundation David Shannon ILLU 83 Joni J. Smith Brien Spanier ADVT 88 Ginny Stever Ginny and David Sydorick Laney and Tom Techentin Geneva and Charles Thornton Lorraine Triolo and Jeffrey Burke Andrea and John Van de Kamp Joyce Ward Ada Watson Carolyn Watson Victoria and Norman Williamson Nina and Stephen Winterbottom
$999 and Below Anonymous Meredith Brooks Abbott Elizabeth Hansen and Richard C. Adams Gene Albert PHOT 57 Lynn Aldrich MFA ART 86 Charles L. Allen, Jr. PROD 68 Merc and Franc Arceneaux Ann Babcock Heather Backstrom Jirong Bae and Ruiying Zhu Robert Baensch and June Otani [d] ADVT 56 Dave Bailey MFA ART 95
•22
Volunteer Leaders Legacy Circle Advisory Board Daniel Ashcraft PROD 73 Susan Brown ENVL 76 Ophelia Chong FINE 89, Co-chair Timothy Delaney PROD 72 Mark Fennimore ADVT 86 Kendall Henry FILM 90 Richard Holbrook TRAN 81, Co-chair Gail Howland PHOT 04 Gloria Kondrup MFA GRPH 93 Stan Kong PROD 83 Gary Meyer ILLU 59 Professor Leah Toby Hoffmitz HONORARY ALUMNA Ramone Muñoz ADVT 77, MFA ART 90 Katie Johnson Sprague GRPH 91
Art Center 100 Board Ann Dobson Barrett, President Beatrice Bennett Hilary E. Crahan, Vice President Beverly Fitzgerald Kelsey Browne Hall Emily Hancock Betsy Hathaway Carol Henry Roberta Huntley Marie Jones Terri Kohl Carolyn Oliver Helen Posthuma Gloria Renwick Joni J. Smith Barbara Mann Steinwedell Andrea Van de Kamp Leisa Vander Velde Judy C. Webb Alyce Williamson, Founding Chair
SPRING 2014 — artcenter.edu/dot
Joan and Robert Banning Donald A. Barnett ILLU 94 Melissa Barrett Alan R. Barrington TRAN 01 Adele Bass GRPH 81, MFA NEWM 01 Jacques J. Beaupre PHOT 86 Dawn Benander John Benun Marlene and Brian Billington Bimmer Magazine Betty and Duane L. Bohnstedt TRAN 51 Margarita and Luis Bohorquez Marsha and Vern Bohr Denise and Todd Bonder Gail Bove PROD 73 BPG Advertising Ronald-James Braithwaite ADVT 69 Susan M. Brand ADVT 83 Susan Brown ENVL 76 Bruce Burdick ENVL 61 and Susan Burdick Scott Burrows Marjorie E. Burstein Roger Caculitan Marc J. Cammeyer TRAN 10 Betty Capeluto Hoffman ADVT 58 Barbara and Robert E. Cargill Bruce Carroll PHOT 75 Joan and Daniel Carter Karen and Chris Carver Lee Cass Julius Cassani PROD 67 Karen and Murray Chalmers Maryann and Jerry Chang Charity Checks Judy Chin Grace and Kenneth Chu Eleanor Cohen Louis ILLU 89 Dr. and Mrs. Harold Cohen Kim and Sheldon Cohn Roy Cripps PROD 60 Rose Mary A. Dacanay and Elpidio Lavarias Barbara Davis Reynolds ILLU 80 JoAnn and William Dayton PROD 58 Alphonsus H. de Klerk PHOT 84 Kenneth R. Deardoff ILLU 56 Irene DeBerry ADVT 97 Joe Del Rosario PROD 95 Mary N. Dembo Margi and Bill Denton design HORIZON J. Ron Dickson Keiko Doi FINE 97 Margarita and Carlos Domingo David F. Doody Beth Duffy and Erik Kistel Ms. Laine E. Dunham eBay Foundation Gary M. Eggleston ILLU 78 Art Ellsworth PROD 57 Entin Family Trust Tricia Rauen Evenson GRPH 85 and Stan Evenson ADVT 74 Jinny and Mark Ewald Davis J. Factor III PHOT 86 Kevin Falk PROD 85 Erika Ranezay Felsoory ADVT 66 Mr. and Mrs. Donald Fenner
Bill Ferris PHOT 84 Jeffery G. Fey ILLU 80 Carla M. Figueroa GRPK 95 Lawrence Frank Photography LLC Chayim Frenkel Jean Freshwater Irene and Edward Fujimodo Beverly ILLU 57 and William Geck PHOT 57 M. L. Gerke Clifford R. Ghetti TRAN 67 Jason W. Gholston FILM 00 Malby G. Giaimo Roland Giampaoli ILLU 61 Sara and Adam Gilbert Katherine Go ADVT 78 Lauren Gohara FINE 94 Jered Gold Mrs. Douglas Goodan Paula Goodman Google Matching Gifts Program Grand Prix Classics, Inc. Ida V. Green Mary S. Gribble Dora A. and William H. Grover, F.A.I.A. PROD 62 Ronald R. Gustafson Iris and Rodolfo Guzman Nikolaus Hafermaas Gretalee and Jason Hailey PHOT 51 Thomas Hale TRAN 66 Peter T. Halpin Kamala Hamilton GRPH 00 John Hanna PROD 62 Mary and John Harkness Patrick K. Harper Kimberly and James Hartog Richard B. Hatch PROD 67 Devin Hawker FILM 84 Rozanne Hermelyn GRPH 87 Jack Hermsen ADVT 72 Carlos Herrera Christine and Curt Hessler Phyllis and Ronald Hill TRAN 54 Jeffrey Hoffman Kathy and Steve Hoskins Maura and Martino L. Hoss ADVT 87 Gail H. Howland PHOT 04 Cheryl A. Hughes PROD 81 Sally and Bill Hurt (William H. Hurt Foundation) Hiroko Inouye Interwest Financial Group, Inc. Kiyomi and Harvey Iwata Karen Cangialosi and Gregory Jones Vivianne Jones Anja Kammesheidt-O’Loughlin and Gregory L. O’Loughlin PHOT 85 Helen K. Kawahara Kristin Keller GRPH 04 Brent M. Kikawa PROD 81 Gaby and Randy Kirshner Daniel Ko GRPH 90 Evelyn Kodama Lisa and Stan Kong PROD 83 Alison and William Kuehn Catherine R. and Erich O. Kugler PROD 64 Laird Norton Real Estate, Inc. Cory W. Landefeld PROD 85 Kellis A. Landrum GRPH 93
•23
ANNUAL REPORT 2013
Paula K. Langan ADVT 73 Carol M. (Kimura) Larson ILLU 96 Cindy Larson Jennava L. Laska GFLM 09 Michael W. Lathers PROD 57 Elaine Lax Wendee H. Lee PROD 02 Michael A. Levasheff PHOT 75 Natalie and Glenn Levy ADVT 66 Peter Liashkov David Ligare ILLU 65 Ivan Chu and Hua Ling ENVL 94 Carol and Sarah Lobb Eileen M. Longacre Marlo G. Longstreet Kim and Jeff Lowy Lori and Clifford Lyon Anna Macaulay Jeffrey MacMillan PHOT 90 Sue and Michael Macrellis Christopher Magadini ILLU 70 Loreen and Jeffrey Manos Jane and Mark Margolis-Peterson Sue Marguleas Peter M. Marino TRAN 61 Diane McCarthy and Masoud Jafari John A. McGee GART 97 Kristen V. Kaplanis-McGregor PHOT 89 and Richard S. McGregor PHOT 88 Laurie, Madeline and Hannah Megery Monica I. Megery Pablo Meyer PROD 82 Microsoft Matching Gifts Program Stanley Mikolajczk PROD 55 Andrew Miller Amanda and Bradley Miller Sally Miller Robert and Eunice Miyatake PHOT 55 Natalie Montoya Farrow Ooty Moorehead GRPH 07 Toni Moran Morgan Stanley Community Affairs Darryl Mori Jodi and Dennis Newberry Minoru and Toyoko Okida Sandra Faye Oppegard ILLU 63 Ronn Osiecki ILLU 58 Yutaka and Yoshiko Ouye Randy Oxley ILLU 95 Ilyse and Harry Pallenberg Ellen H. Park Patricia and Rexford Parker Pasadena Arts League Robert J. Pedersen ADVT 69 Laura Phillips ILLU 88 Richard Pietruska TRAN 70 Donna Pinto Stanley Pisakov PROD 60 Porsche Club of America David L. Provan PROD 52 Robert M. Quackenbush ADVT 56 Niki and Andy Rapattoni (Rapattoni Corporation) Judith and Robert Rausch Nancy and Stewart Reed TRAN 69 Maria Rendon ILLU 92 and Robert Giaimo ADVT 74 Hector Robledo ADVT 56 Frank N. Rodriguez PROD 59
Jody and Jason Rubel Cheryl A. Rudich GRPH 85 Susan and Jon Safier Kat Salerno Rocky Salskov PHOT 74 Tomoko and William Sato Joseph H. Schmidt Holger Schubert PROD 94 Kenneth L. Schuster PHOT 71 Michael D. Schwartz David H. Schwarz MFA MEDE 04 Elizabeth Abrams and Stuart N. Senator Marcie and Gregory Sinaiko Julie Renfro ILLU 94 and Michael Sivak ILLU 94 Ronald J. Slenzak PHOT 72 Gordon E. Smith PHOT 50 Roscoe Sonne Erne Soos ENVL 79 Robin and Benjamin Stafford Pamela and Foster Stahl Kimberly Stenton James R. Stephens Ph.D. PHOT 42 Charlotte and Joel Streng Sylvia Sukop Shannon M. Sutherland FILM 91 Amy and Mark Swain Delbert A. Swanson PROD 68 Peter Szumlas Gail and William Taber Noel R. Thomas ADIL 61 Keith Thorne PROD 70 Rosa To PHOT 84 Susan and Michael Toth Mary P. Toups Juliana Tyson Uebersee Inc. A.T. Ueland PHOT 89 Melanie and William Vincent Judith and Roger Wallenstein Bernard L. Ward Nancy E. Warner M.D. Jeffrey T. Warrington GRPK 03 Thomas Warrington Russell Waterhouse ILLU 56 Ralph Waycott III PHOT 78 Alan K. Weber PHOT 76 Robert Weil Wells Fargo Bank William Weston Ronald Wilkniss Alicia and Lucian Williams L. F. and Timothy Wilson Michael Winder George Windrum PROD 52 Shari and Russell Wollman Gary L. Woods Gretchen Wustrack PROD 99 Jo Ann and Edward Yamada ENVL 66 Stephanie Yamasaki Masanobu J. Yeto Susan Zehnder ILLU 88
Gifts-In-Kind Bettina Allamoda Autodesk, Inc. Carl Bass D.A.P. Leslie M. Evans GIDP 13 Ronald E. Galella PHOT 57 Bill Gordon Edward Illig Jim Loo Joan Loyacano Dennis McCarthy Cathy and Bob McGeachie Monotype Mary Pesek-Montague ADVT 72 Matthew Rolston Creative, Inc. RTT USA Art Streiber Patricia and Richard Taylor Ronald Wilkniss