Legal Question in Business Law in California

Re: Revenue from Fundraisers

While there could be other facts that the studio might present that would cast a different light on the matter, it seems to this lawyer at least that the money raised does not belong to the studio. I assume the studio is for-profit and not a charity.

There is a possibility that the funds should be returned to the people from whom they were raised; this would depends upon what those people were told and whether the money was donated or given in exchange for services, such as car washing or performances. Of course, giving it back is probably a practical impossibility.

After weighing all the factors, including possible unknowns, I'd guess it's about 75-80% likely a court would order the funds turned over to the girls.