The city is home to California Institute of the Arts (CalArts), a private art university. Founded in 1961 by Walt Disney, Roy O. Disney, and Nelbert Chouinard, CalArts was the first college or university created specifically for students of visual and performing arts. It was created by the merger of Chouinard Art Institute and the Los Angeles Conservatory of Music. It relocated to its current Valencia campus in 1971. CalArts has produced numerous renowned actors and musicians including Brad Bird, Tim Burton, Julia Holter, John Lasseter, Marina Rosenfeld, Andrew Stanton, and Carl Stone, among others. CalArts is currently administered by president Ravi Rajan.