2020-11-13T11:03:13-06:00 2019-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST SUITE 1400 BELLEVUE WA 98004 990PF 2019-01-01 273032164 THE BROAD THEB 2132326220 2121 AVENUE OF THE STARS NO 3000 LOS ANGELES CA 90067 KELLY BEREN ASSISTANT TREASURER 2132326220 2020-11-02 1 JENNIFER BECKER HARRIS P00183358 4254544919 2020-11-02 65.158.230.194 2020-11-02 19:39:44 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9C75230018D5B80955F7F8F52B6C41F090A63707 2019 2021-04-22 16:20:28Z X 561588983 X 24487590 311646 311646 311646 0 0 221988 3966211 1907857 2058354 2058354 4362698 500173 4140710 31220288 811819 6732698 450000 0 0 450000 6150871 18240 1312039 4868832 1384652 0 117681 1266971 72044 0 0 72044 34145 0 1700 32445 3248837 14818 274680 2974157 5044105 0 0 5044105 84810 0 7500 22310 4339530 0 1785121 724869 0 78563 646306 217496 0 289 217207 132873 0 0 132873 4281813 0 325125 3797494 26166045 33058 3902698 19524744 0 0 26166045 33058 3902698 19524744 5054243 778761 2830000 176577 126409 126409 17344703 22022469 22022469 564666 23441 564666 564666 378615404 376907010 378615404 378615404 1542796 1684630 1684630 290144 250877 250877 175876285 19444634 160403739 156431651 156431651 1862876 1892877 1892877 558551286 561588983 561588983 583340 1022689 156075288 153619393 625000 625000 157283628 155267082 X 401267658 406321901 401267658 406321901 558551286 561588983 401267658 5054243 0 406321901 0 406321901 0 24313096 15167202 1.603005 21124999 11674478 1.809503 32994398 14658306 2.250901 45829593 9031818 5.074238 41605916 30783511 1.351565 12.089212 2.417842 18121435 43814767 7788 43822555 22513202 15575 0 15575 0 15575 19925 5000 0 24925 0 9350 9350 0 0 0 0 0 0 0 0 0 1 1 0 1 1 CA 1 1 0 0 0 1 WWW.THEBROAD.ORG JULIE BAKER 3109545026 2121 AVENUE OF THE STARS STE 3000 LOS ANGELES CA 90067 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 ELI BROAD 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 PRESIDENT, DIRECTOR 20.00 0 0 0 DEBORAH KANTER 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 SECRETARY, LEGAL COUNSEL, DIR 5.00 20850 0 0 JAY WINTROB 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 TREASURER, DIRECTOR 5.00 0 0 0 MICHAEL BRUCE 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 ASSISTANT TREASURER - PART YEAR 1.00 0 0 0 KELLY BEREN 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 ASSISTANT TREASURER - PART YEAR 1.00 0 0 0 BRUCE KARATZ 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 CHAIRMAN, DIRECTOR 5.00 0 0 0 JOANNE HEYLER 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 FOUNDING DIRECTOR 30.00 450000 34908 0 ROBERT H TUTTLE 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 DIRECTOR 1.00 0 0 0 TOM CAMPBELL 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 DIRECTOR 1.00 0 0 0 SHERRY LANSING 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 DIRECTOR 1.00 0 0 0 EDYTHE L BROAD 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 DIRECTOR 1.00 0 0 0 SUZANNE NORA JOHNSON 2121 AVENUE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 DIRECTOR 1.00 0 0 0 STACY LIEBERMAN 2121 AVENUE OF THE STARS STE 3000 LOS ANGELES CA 90067 DEPUTY DIRECTOR 40.00 259000 23953 0 EDWARD PATUTO 2121 AVENUE OF THE STARS STE 3000 LOS ANGELES CA 90067 DIR AUDIENCE ENGAGEM 40.00 175468 29488 0 WILLIAM R HUDSON IV 2121 AVENUE OF THE STARS STE 3000 LOS ANGELES CA 90067 DIRECTOR OF RETAIL O 40.00 177401 26014 0 RICHARD MITCHELL 2121 AVENUE OF THE STARS STE 3000 LOS ANGELES CA 90067 DIRECTOR OF FACILITI 40.00 152700 25317 0 ALICE CHUNG 2121 AVENUE OF THE STARS STE 3000 LOS ANGELES CA 90067 DIRECTOR OF MKTG & C 40.00 145250 20152 0 18 FAMILY OFFICE FINANCIAL SERVICES 2121 AVE OF THE STARS SUITE 3000 LOS ANGELES CA 90067 ACCTG, HR, TAX, IT 728098 CALIFORNIA PROTECTION & INVESTIGATION SERVICES 1525 AVIATION BLVD 243 REDONDO BEACH CA 90278 SECURITY 694226 ALLIED INTEGRATED MARKETING 55 CAMBRIDGE PARKWAY SUITE 200 CAMBRIDGE MA 02142 MARKETING 491715 ABM ONSITE SERVICES PO BOX 52609 LOS ANGELES CA 90074 JANITORIAL 457905 CAPACITY INTERACTIVE CONSULTING LLC 1239 BROADWAY SUITE 1103 NEW YORK NY 10001 MARKETING 254493 15 THE BROAD MUSEUM, WHICH HAS 50,000 SQUARE FEET OF PUBLIC EXHIBITION SPACE, 21,000 SQUARE FEET OF COLLECTION STORAGE SPACE, AND A 200-PERSON PUBLIC LECTURE HALL, IS HOME TO THE MORE THAN 2,000 WORKS OF CONTEMPORARY ART IN THE BROAD COLLECTIONS. SINCE IT OPENED IN SEPTEMBER 2015, THE BROAD HAS OFFERED FREE GENERAL ADMISSION, AND HAS ATTRACTED A DIVERSE AUDIENCE OF NEARLY 3.46 MILLION VISITORS THROUGH 2019. IN ADDITION, THE BROAD PRESENTS A RANGE OF PUBLIC PROGRAMS--FAMILY WORKSHOPS, FILM, LECTURES, AND PERFORMANCES--ABOUT THE COLLECTIONS AND PROMOTES THE CULTURAL AND CIVIC VITALITY OF LOS ANGELES BY PROVIDING A PUBLIC OUTDOOR PLAZA AND A CONVENIENT PARKING GARAGE TO FACILITATE GREATER ENGAGEMENT OF THE PUBLIC WITH DOWNTOWN LOS ANGELES. 26183038 0 0 18121619 275777 18397396 0 0 18397396 275961 18121435 906072 X 19524744 0 2988458 22513202 0 22513202 2010-05-28 X 906072 758360 583724 732915 2981071 770161 644606 496165 622978 2533910 22513202 24313096 21124999 32994625 100945922 0 0 0 0 0 22513202 24313096 21124999 32994625 100945922 0 0 604048 505573 389149 488610 1987380 0 0 0 0 X 0 0 EXHIBITS, TICKETED PROG. 2273785 14 311646 16 500173 453220 304206 1754148 MUSEUM PARKING 03 1366752 UTILITIES REFUND 191987 REFUND OF INCOME TAXES 01 30001 304206 2208572 4219920 6732698 1A SPECIAL EXHIBITIONS, ART TALKS AND GROUP TICKETS PROVIDE EDUCATION AND ACCESS TO WORLD-CLASS CONTEMPORARY ART. 10 GIFT SHOP PROVIDES EDUCATION, EXPLORATION AND PROMOTION OF CONTEMPORARY ART. 11B REIMBURSEMENT OF PRIOR YEAR QUALIFYING DISTRIBUTION 0 0 0 0 0 0 0 0 0 0 X X 1 THE ELI AND EDYTHE BROAD FOUNDATION 2121 AVENUE OF THE STARS 3000 LOS ANGELES CA 90277 1317065 X 2 THE J PAUL GETTY TRUST 1200 GETTY CENTER DRIVE 401 LOS ANGELES CA 90049 12400 X 3 INSTITUTE OF MUSEUM AND LIBRARY SERVICES 955 LENFANT PLAZA NORTH SW SUITE 40 WASHINGTON DC 20024 323828 X 4 EAST WEST BANK 135 N LOS ROBLES AVENUE PASADENA CA 91101 920902 X 5 JAGUAR LAND ROVER 100 JAGUAR LAND ROVER WAY MAHWAH NJ 07495 355000 X 6 GLADSTONE GALLERY LLC 515 WEST 24TH STREET NEW YORK NY 10011 25000 X 7 VAN CLEEF & ARPELS 645 FIFTH AVENUE 5TH FLOOR NEW YORK NY 10022 225000 X AUDIT AND TAX 34145 0 1700 32445 CONTRIBUTION RECONCILIATION, PT 1, LINE 1 & SCH B 990PF, PART 1, LINE 1 CONTRIBUTIONS, GIFTS AND GRANTS RECEIVED ON PART 1, LINE 1 IN THE AMOUNT OF $24,627,590 INCLUDES DISCOUNT AMORTIZATION OF GRANTS RECEIVABLE (ACCRUAL METHOD). DONATIONS REPORTED ON SCHEDULE B REFLECT 2019 ACCRUAL CONTRIBUTIONS WITHOUT REGARD TO THE DISCOUNT OF $21,308,394. DONATIONS RECEIVED IN 2019 (CASH BASIS) WERE $23,096,695. FORM 990PF, PART VII-B, LINE 1A(3) AND 1A(4) STATEMENTS REGARDING ACTIVITIES FOR WHICH FORM 4720 MAY BE REQUIREDPART VII-B, LINE 1A(3)THERE ARE DISQUALIFIED PERSONS WHO FURNISH THE FOUNDATION WITH IN-KIND SERVICES AND USE OF FACILITIES IN ORDER TO GOVERN THE FOUNDATION'S CHARITABLE ACTIVITIES. THE SERVICES AND USE OF THE FACILITY ARE PROVIDED FREE OF CHARGE. THESE ACTIVITIES ARE NOT AN ACT OF SELF-DEALING AS CODIFIED IN IRC SECTION 4941(D)(2)(C).PART VII-B, LINE 1A(4)DEBORAH KANTER AS SECRETARY OF THE BROAD IS A DISQUALIFIED PERSON. IN 2019, MS. KANTER WAS PAID $20,850 FOR LEGAL SERVICES. HER FEE HAS BEEN REVIEWED BY INDEPENDENT BOARD MEMBERS AND HAS BEEN DEEMED REASONABLE AND NECESSARY TO CARRY OUT THE ORGANIZATION'S EXEMPT PURPOSE.MICHAEL BRUCE AND KELLY BEREN'S COMPENSATION IS PART OF THE FEES CHARGED BY FAMILY OFFICE FINANCIAL SERVICES, LLC (FOFS). THE FEES CHARGED BY FOFS ARE BASED ON AN ALLOCATION OF TIME THAT MICHAEL BRUCE AND KELLY BEREN DEVOTE TO THE BROAD. BUILDING 163619633 18254030 145365603 145365603 FURNITURE AND FIXTURES 966381 609212 357169 357169 COMPUTERS AND EQUIPMENT 545338 386280 159058 159058 SOFTWARE 201366 195112 6254 6254 CONSTRUCTION IN PROGRESS 914697 0 914697 914697 LAND 9628870 0 9628870 9628870 LEGAL 72044 0 0 72044 THE CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK NONE 150000000 153619393 2011-07 2021-06 10 YR @ 5%, PAYABLE SEMI-ANNUALLY, EFF YLD 3.1% 5.000000000000 SECURITY INTEREST IN $211,000,000 OF GROSS CONTRIBUTIONS RECEIVABLE DESIGN, DEVELOPMENT AND CONSTRUCTION OF MUSEUM PROJECT TAX EXEMPT BOND PROCEEDS 173681000 PROGRAM RELATED INVESTMENT 1862876 1862876 1862876 DEFERRED TAX ASSET 0 30001 30001 ART EXPENSE 699636 0 395 699241 MAINTENANCE AND REPAIRS 839740 0 57671 782069 LICENSING 66693 0 46968 19725 BANK FEES 105459 0 104492 967 OFFICE EXPENSE & OTHER COSTS 203697 0 112429 91270 PARKING 153838 0 0 153838 INSURANCE 249890 0 2860 247030 BOND COST 500 0 0 500 EVENT & PROMOTION 1683280 0 310 1682970 TECHNOLOGY 166749 0 0 166749 EXHIBITION TOUR FEES 112331 0 0 112331 ACCRUAL TO CASH ADJUSTMENT 0 0 0 -159196 ROYALTIES 173 173 173 PASSIVE LEASE INCOME 500000 500000 500000 EXHIBITS, TICKETED PROG. 2273785 2273785 MUSEUM PARKING 1366752 1366752 UTILITIES REFUND 191987 0 0 REFUND OF INCOME TAXES 30001 0 0 INTEREST PAYABLE 625000 625000 PROGRAM RELATED FEES 547273 0 0 547273 OTHER PROF FEES 694982 0 0 694982 CLEANING FEES 456857 0 0 456857 MUSEUM SECURITY 700603 0 210467 490136 PUBLIC RELATIONS 171681 0 0 171681 MANAGEMENT FEES 677441 14818 64213 613228 FILING FEES 225 0 0 225 FEDERAL 73500 0 0 18500 STATE 11085 0 7500 3585