2024-05-15T13:42:16-05:00 2023-06-30 951777440 GREEN HASSON & JANKS LLP 700 S FLOWER STREET SUITE 3300 LOS ANGELES CA 90017 990 2022-07-01 953433820 THE MUSEUM OF CONTEMPORARY ART LOS ANGELES MUSE 2136212766 250 S GRAND AVENUE LOS ANGELES CA 90012 JOHANNA BURTON DIRECTOR 2136212766 2024-05-13 1 JOHANNA BURTON 999009999 1 LIZBETH G NEVAREZ P01399868 3108731600 2024-04-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHANNA BURTON 250 S GRAND AVENUE LOS ANGELES CA 90012 49145963 0 X WWW.MOCA.ORG X 1979 CA TO ORGANIZE EXHIBITIONS AND PROGRAMS TO ENHANCE PUBLIC KNOWLEDGE AND APPRECIATION OF THE ART. 37 36 252 36 0 0 12905618 12949052 642506 78457 14283089 2945694 1129628 1028269 28960841 17001472 0 0 0 0 9120197 10773045 0 0 1916028 11563934 13497715 20684131 24270760 8276710 -7269288 206807115 203566130 2792468 2253731 204014647 201312399 X THE MUSEUM OF CONTEMPORARY ART WAS FOUNDED IN 1979 TO COLLECT, EXHIBIT, INTERPRET, AND PRESERVE CONTEMPORARY ART FOR THE PUBLIC BENEFIT, TO ENHANCE ACCESSIBILITY, TO FURTHER PUBLIC UNDERSTANDING AND APPRECIATION OF CONTEMPORARY ART, AND TO ENCOURAGE ONGOING CREATIVE ACTIVITY. THE MUSEUM ORGANIZES DIVERSE EXHIBITIONS AND PROGRAMS TO ENHANCE PUBLIC KNOWLEDGE AND APPRECIATION OF THE ART OF OUR TIME. 0 0 8152038 0 75050 CURATORIAL AND EXHIBITION PROGRAMS: MOCA CONTINUED ITS DYNAMIC EXHIBITION PROGRAM WITH THE COLLECTION EXHIBITIONS "LONESOME CROWDED WEST," "LONG STORY SHORT, AND "MAPPING AN ART WORLD," WHICH HIGHLIGHTED ARTWORKS FROM THE MUSEUM'S RENOWNED COLLECTION OF NEARLY 8,000 CONTEMPORARY ARTWORKS FROM 1940 TO THE PRESENT BY ESTABLISHED AND EMERGING ARTISTS. MOCA ALSO PRESENTED MAJOR EXHIBITIONS OF LOS ANGELES-BASED ARTISTS JUDITH F. BACA, SIMONE FORTI, TALA MADANI, AND HENRY TAYLOR. FINALLY, MOCA FEATURED THE WEST COAST PRESENTATIONS OF THE EXHIBITIONS "GARRETT BRADLEY: AMERICAN RHAPSODY AND "CARL CRAIG: PARTY/AFTER-PARTY." MOCA ALSO PRESENTED A ROBUST SCHEDULE OF PERFORMANCES INCLUDING "CARL CRAIG PARTY/AFTER PARTY SESSIONS", A SERIES OF 3 CONCERTS IN COLLABORATION WITH INSOMNIAC FEATURING MOODYMANN, DJ MINX, & CARL CRAIG AMONG OTHERS; LIGIA LEWIS'S, "A PLOT/A SCANDAL", WHICH MOCA CO-COMMISSIONED; "SOUP & TART", A PRESENTATION FEATURING 6 CHEFS AND OVER 50 ARTISTS PRESENTED IN COLLABORATION WITH ART & CULTURE; A RESIDENCY WITH KCHUNG RADIO WHICH, IN ADDITION TO REGULAR RADIO BROADCASTS, INCLUDED LIVE PERFORMANCES FROM CHRISTIAN SCOTT, KIM YE, & ALEJANDRA HERRERA SILVA AMONG OTHERS; FRENCH CHOREOGRAPHER, DIMITRI CHAMBLAS'S "SLOW SHOW; & BLACKTRONIKA, A DAY LONG FESTIVAL FEATURING TYSHAWN SOREY, MOORMOTHER, DJ HARAM, & SUZI ANALOGUE AMONG OTHERS. 5244146 0 0 BUILDING OPERATIONS AND SECURITY:MOCA OVERSEES TWO FACILITIES IN THE DOWNTOWN LOS ANGELES NEIGHBORHOOD. THE MOCA GRAND AVE BUILDING, DESIGNED BY CELEBRATED JAPANESE ARCHITECT ARATA ISOZAKI, AND THE GEFFEN CONTEMPORARY BUILDING, RENOVATED BY RENOWNED CALIFORNIA ARCHITECT FRANK GEHRY. BOTH FACILITIES ARE MAINTAINED DAILY AND ARE SECURED TWENTY FOUR HOURS A DAY, SEVEN DAYS A WEEK TO ENSURE THE SAFETY OF ALL ARTWORKS IN MOCA'S CARE. IN CONSULTATION WITH ITS ENVIRONMENTAL COUNCIL AND ADVISORS, MOCA'S ENVIRONMENTAL AND SUSTAINABILITY STRATEGIST LEADS THE MUSEUM'S SUSTAINABILITY EFFORTS AND ENVIRONMENTALLY FOCUSED PROGRAMMING. 2530742 0 0 PUBLIC AFFAIRS/INFORMATION: A VARIETY OF PROMOTIONAL, ADVERTISING, AND PUBLIC ANNOUNCEMENTS WERE PRODUCED BY MOCA'S COMMUNICATIONS DEPARTMENT TO INFORM THE PUBLIC OF MOCA'S ACTIVITIES AND DISSEMINATE INFORMATION RELATING TO CONTEMPORARY ART. THESE ACTIVITIES INCLUDED ROBUST MARKETING, PUBLIC RELATIONS EFFORTS, SOCIAL MEDIA CAMPAIGNS, AND DIGITAL OFFERINGS. THESE EFFORTS WERE MADE IN CORRELATION WITH PUBLICIZING THE MUSEUM'S EXHIBITIONS, PROGRAMMING, LIKENESS, AND INSTITUTIONAL MESSAGING EFFORTS OF MOCA. 959743 0 3407 PUBLIC ENGAGEMENT, LEARNING & IMPACT: MOCA IS COMMITTED TO PROVIDING ENRICHING EXPERIENCES TO MAXIMIZE ACCESS AND INCLUSION IN THE ARTS. EDUCATION PROGRAMMING INCLUDES CONTEMPORARY ART START PARTNERSHIPS WITH TEACHERS AND SCHOOLS, A NATIONALLY RECOGNIZED TEEN PROGRAM, AND OFFERINGS FOR FAMILIES. PUBLIC PROGRAMS CONNECT AUDIENCES AND ARTISTS WITH EXHIBITIONS AND ENVIRONMENTAL SUSTAINABILITY THROUGH PANEL DISCUSSIONS, TALKS, TOURS, MUSIC AND MORE. 959743 0 3407 16886669 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 246 0 1 252 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 37 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X EMILY LIN CONTROLLER 2136335349 250 SOUTH GRAND AVE LOS ANGELES CA 90012 JOHANNA BURTON DIRECTOR 40.00 0.00 X X 923877 0 25984 MARIA SEFERIAN CHAIR 1.00 0.00 X X 0 0 0 EUGENIO LOPEZ VICE CHAIR 1.00 0.00 X X 0 0 0 HEATHER PODESTA SECRETARY 1.00 0.00 X X 0 0 0 CAROLYN CLARK POWERS PRESIDENT 1.00 0.00 X X 0 0 0 ADAM NATHANSON TRUSTEE 1.00 0.00 X 0 0 0 BARBARA KRUGER TRUSTEE 1.00 0.00 X 0 0 0 BERRY STEIN TRUSTEE 1.00 0.00 X 0 0 0 BRAD BROOKS TRUSTEE 1.00 0.00 X 0 0 0 CARLO TRAGLIO TRUSTEE 1.00 0.00 X 0 0 0 CHRISTINA QUARLES TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER WALKER TRUSTEE 1.00 0.00 X 0 0 0 CLIFFORD J EINSTEIN TRUSTEE, CHAIR EMERITUS 1.00 0.00 X 0 0 0 CORINNE OPMAN TRUSTEE 1.00 0.00 X 0 0 0 COUNCIL PRES PAUL KREKORIAN TRUSTEE 1.00 0.00 X 0 0 0 DEBORAH IRMAS TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY SOROS TRUSTEE, PRESIDENT EMERITUS 1.00 0.00 X 0 0 0 JENNIFER HAWKS DJAWADI TRUSTEE 1.00 0.00 X 0 0 0 KARYN KOHL TRUSTEE 1.00 0.00 X 0 0 0 KATHI B CYPRES TRUSTEE 1.00 0.00 X 0 0 0 LAURENCE GRAFF TRUSTEE 1.00 0.00 X 0 0 0 MARK BRADFORD TRUSTEE 1.00 0.00 X 0 0 0 MARK GROTJAHN TRUSTEE 1.00 0.00 X 0 0 0 MARY KLAUS MARTIN TRUSTEE 1.00 0.00 X 0 0 0 MAURICE MARCIANO TRUSTEE, CHAIR EMERITUS 1.00 0.00 X 0 0 0 NANCY KWON MERRIHEW TRUSTEE 1.00 0.00 X 0 0 0 ORNA AMIR WOLENS TRUSTEE 1.00 0.00 X 0 0 0 PETE SCANTLAND TRUSTEE 1.00 0.00 X 0 0 0 SEAN PARKER TRUSTEE 1.00 0.00 X 0 0 0 SHARI GLAZER TRUSTEE 1.00 0.00 X 0 0 0 SUSAN GERSH TRUSTEE 1.00 0.00 X 0 0 0 TERRI SMOOKE TRUSTEE 1.00 0.00 X 0 0 0 THE HONORABLE KAREN BASS TRUSTEE 1.00 0.00 X 0 0 0 TIM DISNEY TRUSTEE 1.00 0.00 X 0 0 0 VIDA YAGHMAI TRUSTEE 1.00 0.00 X 0 0 0 WONMI KWON TRUSTEE 1.00 0.00 X 0 0 0 CAROL APPEL LEFT 0822 TRUSTEE 1.00 0.00 X 0 0 0 CHARA SCHREYER LEFT 0223 TRUSTEE 1.00 0.00 X 0 0 0 COUNCIL PRESIDENT NURY MARTINEZ TRUSTEE (LEFT 10/22) 1.00 0.00 X 0 0 0 FRANK J QUINTERO LEFT 0623 TRUSTEE 1.00 0.00 X 0 0 0 THE HONORABLE ERIC GARCETTI TRUSTEE (LEFT 12/22) 1.00 0.00 X 0 0 0 JOY BRATHWAITE CHIEF FINANCIAL OFFICER 40.00 0.00 X 264561 0 32323 SAMUEL VASQUEZ UNTIL 012023 DEPUTY DIR. OF ADVANCEMENT 40.00 0.00 X 253430 0 8873 JILL DAVIS SR DIR OF EXHIBITIONS & COLLECTIONS/COO 40.00 0.00 X 232610 0 20753 AMY HOOD UNTIL 022023 CHIEF COMMUNICATION OFFICER 40.00 0.00 X 189788 0 775 BENNETT SIMPSON SR CURATOR DIR OF ACQUISITIONS COLLECTIONS 40.00 0.00 X 143266 0 9936 MEREDITH KING FINANCE DIRECTOR 40.00 0.00 X 132562 0 26225 SERGIO RAMIREZ DIR OF SECURITY MAINTENANCE 40.00 0.00 X 132289 0 12957 CATHERINE ARIAS DIR OF VISITOR ENGAGEMENT 40.00 0.00 X 130810 0 21032 ASA HURSH DIR OF COLLECTION ENGAGEMENT & OPERATIONS 40.00 0.00 X 117942 0 7923 AMY SHAPIRO UNTIL 022022 DEPUTY DIRECTOR 40.00 0.00 X 164760 0 1538 2685895 0 168319 16 1 1 0 ALLIED UNIVERSAL SECURITY SERVICES 161 WASHINGTON ST STE 600 CONSHOHOCKEN PA 19428 SECURITY SERVICES 1710873 ALLIED UNIVERSAL JANITORIAL SERVICES 161 WASHINGTON ST STE 600 CONSHOHOCKEN PA 19428 JANITORIAL SERVICES 536946 US ART COMPANY INC 78 PPACELLA PARK DRIVE RANDOLPH MA 02368 ARTWORK SHIPPING & STORAGE 306634 CROZIER FINE ARTS INC 525 W 20TH STREET NEW YORK NY 10011 ARTWORK SHIPPING & STORAGE 277702 ART MOVERS INC 3124 E 11TH STREET LOS ANGELES CA 90023 SHIPMENT AND FREIGHT 262502 26 610683 1330236 1925406 9082727 3194065 12949052 ADMISSIONS 900099 68935 68935 REPRODUCTION FEES 900099 6115 6115 WORKSHOP FEES 900099 3407 3407 78457 1885819 1885819 86194 86194 148815 0 148815 148815 148815 31206797 30146922 1059875 1059875 1059875 1407130 1330236 1407130 0 1166923 590439 576484 576484 OTHER INCOME 900099 216776 216776 216776 17001472 654941 0 3397479 1841629 1153447 523390 164792 7318001 4583403 2079770 654828 875080 548079 248697 78304 738335 462433 209834 66068 127928 127928 103950 103950 584666 584666 1658251 904102 476134 278015 201903 191910 543 9450 360977 200751 147787 12439 340378 87381 161882 91115 1981720 1947199 1758 32763 368562 241309 86351 40902 29466 15569 12817 1080 42159 42159 412587 412587 590017 426753 163264 SECURITY 2024401 2005679 536 18186 EXHIBITION PRODUCTION E 1629653 1550747 7880 71026 EXHIBITION SHIPPING, CR 1096003 1085696 10060 247 STORAGE 1068416 1058369 9807 240 876678 423842 56263 396573 24270760 16886669 5468063 1916028 12222392 11436573 12230137 12388697 8203597 4493777 5998 219549 3773235 3802745 235321 233201 35561707 31105248 4074228 4456459 17543007 18811613 146020601 147213992 19380 19380 2479219 490144 206807115 203566130 1919478 1550282 1956 0 866034 698449 5000 5000 2792468 2253731 X 21279972 18940546 182734675 182371853 204014647 201312399 206807115 203566130 X -7269288 6035551 -1468511 X 0 1 X 1 0 X 21728928 18283908 12016145 12905618 12949052 77883651 21728928 18283908 12016145 12905618 12949052 77883651 18987542 58896109 1397606 1872942 33191 1132042 2120828 6556609 139784 178383 139166 78297 216776 752406 85192666 8936961 0.69130 0.71230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 256600 X X X X 1 161882000 383000 7780256 7541851 162503405 168816636 805754 -1240390 6500000 161882000 131181615 43568566 5933545 168816636 135616340 266658 1328530 6029913 131181615 136236673 27089 4917578 5565000 135616340 0.00000 0.75768 0.24232 0 0 100000 100000 24943920 23696313 1247607 9799324 7314919 2484405 373407 94016 279391 345056 345056 4456459 COMMINGLED FUNDS 94782772 F ALTERNATIVE INVESTMENTS 23939832 F PRIVATE INVESTMENTS 28491388 F 147213992 DEPOSIT 5000 5000 X 22433446 6035551 -18911 6016640 16416806 584666 584666 17001472 23686094 0 23686094 584666 584666 24270760 PART III, LINE 1A: IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, ART OBJECTS PURCHASED BY OR DONATED TO THE MUSEUM ARE NOT CAPITALIZED IN THE STATEMENT OF FINANCIAL POSITION. THE MUSEUM'S ART COLLECTION IS MADE UP OF ART OBJECTS THAT ARE HELD FOR EXHIBITION AND VARIOUS OTHER PROGRAM ACTIVITIES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASED COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF THE NET ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE EXCLUDED FROM THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. DEACCESSION PROCEEDS ARE REQUIRED BY MUSEUM POLICY TO BE APPLIED TO THE ACQUISITION OF WORKS OF ART FOR THE PERMANENT COLLECTION. THE MUSEUM PURCHASED COLLECTION ITEMS IN THE AMOUNT OF $1,449,600 DURING THE YEAR ENDED JUNE 30, 2023. THE MUSEUM DID NOT DEACCESSION ANY COLLECTION ITEMS DURING THE YEAR ENDED JUNE 30, 2023. PART III, LINE 4: MOCA CONTINUED ITS DYNAMIC EXHIBITION PROGRAM WHEN THE MUSEUM REOPENED TO THE PUBLIC IN JUNE 2021 FOLLOWING A CLOSURE DUE TO THE COVID 19 PANDEMIC. DURING THE YEAR ENDING JUNE 30, 2023, MOCA CONTINUED ITS DYNAMIC EXHIBITION PROGRAM WITH THE COLLECTION EXHIBITIONS "LONESOME CROWDED WEST," "LONG STORY SHORT, AND "MAPPING AN ART WORLD," WHICH HIGHLIGHTED ARTWORKS FROM THE MUSEUM'S RENOWNED COLLECTION OF NEARLY 8,000 CONTEMPORARY ARTWORKS FROM 1940 TO THE PRESENT BY ESTABLISHED AND EMERGING ARTISTS. MOCA ALSO PRESENTED MAJOR EXHIBITIONS OF LOS ANGELES-BASED ARTISTS JUDITH F. BACA, SIMONE FORTI, TALA MADANI, AND HENRY TAYLOR. FINALLY, MOCA FEATURED THE WEST COAST PRESENTATIONS OF THE EXHIBITIONS "GARRETT BRADLEY: AMERICAN RHAPSODY AND "CARL CRAIG: PARTY/AFTER-PARTY." MOCA ALSO PRESENTED A ROBUST SCHEDULE OF PERFORMANCES INCLUDING "CARL CRAIG PARTY/AFTER PARTY SESSIONS", A SERIES OF 3 CONCERTS IN COLLABORATION WITH INSOMNIAC FEATURING MOODYMANN, DJ MINX, & CARL CRAIG AMONG OTHERS; LIGIA LEWIS'S, "A PLOT/A SCANDAL", WHICH MOCA CO-COMMISSIONED; "SOUP & TART", A PRESENTATION FEATURING 6 CHEFS AND OVER 50 ARTISTS PRESENTED IN COLLABORATION WITH ART & CULTURE; A RESIDENCY WITH KCHUNG RADIO WHICH, IN ADDITION TO REGULAR RADIO BROADCASTS, INCLUDED LIVE PERFORMANCES FROM CHRISTIAN SCOTT, KIM YE, & ALEJANDRA HERRERA SILVA AMONG OTHERS; FRENCH CHOREOGRAPHER, DIMITRI CHAMBLAS'S "SLOW SHOW; & BLACKTRONIKA, A DAY LONG FESTIVAL FEATURING TYSHAWN SOREY, MOORMOTHER, DJ HARAM, & SUZI ANALOGUE AMONG OTHERS. PART V, LINE 4: THE OVERALL FINANCIAL OBJECTIVES OF THE ENDOWMENT ARE (1) TO SUPPORT THE CURRENT AND FUTURE OPERATIONS OF THE MUSEUM WITH A TARGETED 4.5% ANNUAL PAYOUT, UP TO A MAXIMUM 5% ANNUAL PAYOUT AND (2) TO PRESERVE AND ENHANCE THE REAL (INFLATION-ADJUSTED) PURCHASING POWER OF THE ENDOWMENT WITH TARGETED REAL PORTFOLIO GROWTH OF AT LEAST 2% ON AN AVERAGE ANNUALIZED BASIS OVER THE LONG TERM. PART X, LINE 2: THE MUSEUM RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED JUNE 30, 2023, THE MUSEUM PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MIGHT HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PROVISION FOR UNCOLLECTIBLE PLEDGES RECEIVABLE -18,911. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS (SEE PART V) 96392357 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS 855335 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 9176456 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 786737 0 0 0 0 0 0 107210885 0 107210885 1 0 1 0 1 0 PART III ACCOUNTING METHOD: FORM 990, PART I, LINE 3: AMOUNTS REPORTED ARE FOR INVESTMENT FUNDS DOMICILED IN CENTRAL AMERICA AND CARIBBEAN. MOCA GALA 2022 2737366 1330236 1407130 149124 251045 53751 953210 2737366 1330236 1407130 149124 251045 53751 953210 1407130 0 X X X 1 1 X X X X X X 1 0 0 0 0 0 0 1 0 JOHANNA BURTON DIRECTOR 720812 0 16667 0 186398 0 0 0 25984 0 949861 0 0 0 JOY BRATHWAITE CHIEF FINANCIAL OFFICER 264561 0 0 0 0 0 0 0 32323 0 296884 0 0 0 SAMUEL VASQUEZ UNTIL 012023 DEPUTY DIR. OF ADVANCEMENT 253430 0 0 0 0 0 0 0 8873 0 262303 0 0 0 JILL DAVIS SR DIR OF EXHIBITIONS & COLLECTIONS/ 232610 0 0 0 0 0 0 0 20753 0 253363 0 0 0 AMY HOOD UNTIL 022023 CHIEF COMMUNICATION OFFICER 189788 0 0 0 0 0 0 0 775 0 190563 0 0 0 AMY SHAPIRO UNTIL 022022 DEPUTY DIRECTOR 164760 0 0 0 0 0 0 0 1538 0 166298 0 0 0 MEREDITH KING FINANCE DIRECTOR 132562 0 0 0 0 0 0 0 26225 0 158787 0 0 0 BENNETT SIMPSON SR CURATOR DIR OF ACQUISITIONS COLLE 143266 0 0 0 0 0 0 0 9936 0 153202 0 0 0 CATHERINE ARIAS DIR OF VISITOR ENGAGEMENT 130810 0 0 0 0 0 0 0 21032 0 151842 0 0 0 PART I, LINE 1A A HOUSING ALLOWANCE WAS PROVIDED TO THE DIRECTOR OF THE ORGANIZATION. THE BENEFIT WAS REPORTED AS TAXABLE COMPENSATION. PART I, LINE 4A AMY SHAPIRO, FORMER DEPUTY DIRECTOR, RECEIVED $88,269.23 SEVERANCE IN CALENDAR YEAR 2022. PART I, LINE 7 DIRECTOR'S CONTRACT ALLOWS FOR A BONUS BASED ON CERTAIN PERFORMANCE METRICS. BONUS WAS APPROVED BY BOARD. X 15 NA X 13 3194065 FMV 15 0 1 1 PART I, COLUMN (B): NONCASH CONTRIBUTIONS ARE LISTED BY TOTAL NUMBER OF DONORS. PART I, LINE 32B: STOCK BROKER IS CONTRACTED TO LIQUIDATE STOCK. PART I, LINE 33: THE MUSEUM'S ART COLLECTION HAS BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION, WHICH CONFORMS TO THE PREDOMINANT PRACTICE FOLLOWED IN THE INDUSTRY. PURCHASED COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE NET ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS CONTRIBUTED COLLECTION. OTHER ITEMS THAT ARE EXCLUDED FROM THE FINANCIAL STATEMENTS INCLUDE PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES AND ARE BOTH REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIRPERSON(S) OF THE BOARD, THE PRESIDENT OF THE BOARD, THE VICE CHAIRPERSON OF THE BOARD, THE CO -CHAIRPERSONS OF THE FINANCE COMMITTEE, THE SECRETARY AND SUCH OTHER TRUSTEES AS MAY BE NOMINATED AND ELECTED BY THE BOARD. THE EXECUTIVE COMMITTEE SHALL, SUBJECT TO THE LIMITATIONS SET FORTH IN SECTION 16 OF THE BYLAWS, EXERCISE ALL THE POWER AND AUTHORITY OF THE BOARD WHEN ACTING DURING INTERVALS BETWEEN BOARD MEETINGS. THE VOTE OF A MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE REQUIRED TO TAKE ANY ACTION OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2 WONMI KWON AND NANCY KWON MERRIHEW ARE BOTH VOTING MEMBERS AND HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO AND DIRECTOR. ONCE APPROVED BY THE DIRECTOR, THE FORM IS DISTRIBUTED FIRST TO THE AUDIT COMMITTEE OF THE BOARD FOR APPROVAL, THEN TO THE REST OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE ADDRESSED IN THE MUSEUM'S STATEMENT OF ETHICAL PRINCIPLES. EACH SERVING TRUSTEE, OFFICER AND MEMBER OF SENIOR STAFF IS REQUIRED TO REVIEW ANNUALLY THE RULES AND PROCEDURES OF THE ETHICS COMMITTEE AND THE STATEMENT OF ETHICAL PRINCIPLES, AND THEN SUBMIT A COMPLETED MEMORANDUM OF DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 WHEN HIRING OTHER OFFICERS OR KEY EMPLOYEES, A COMPENSATION SURVEY TO COMPARABLE POSITIONS OR A STUDY IS PERFORMED TO DETERMINE THE POSSIBLE COMPENSATION RANGE FOR CANDIDATES. THIS COMPENSATION STUDY IS COMPLETED WITH INPUT FROM MANY SOURCES, INCLUDING OTHER INSTITUTIONS' FORM 990. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PROVISION FOR UNCOLLECTIBLE PLEDGES RECEIVABLE -18,911. COLLECTION ITEMS PURCHASED BUT NOT CAPITALIZED -1,449,600. MOCA TV LLC 250 SOUTH GRAND AVENUE LOS ANGELES CA 90012 900776531 ENTERTAINMENT CA 0 0 MUSEUM OF CONTEMPORARY ART