2019-08-15T10:01:19-07:00 2018-09-30 330302407 Guzman & Gray Certified Public Accountants 4510 E Pacific Coast Highway Suite Long Beach CA 90804 990 2017-10-01 952567271 LONG BEACH MUSEUM OF ART FOUNDATION LONG 5624392119 2300 E OCEAN BLVD LONG BEACH CA 90803 RON NELSON Executive Dir. 2019-08-14 true MARK GRAY CPA P00048565 5624980997 2017 2019-02-21 02:37:17Z RON NELSON 2300 E OCEAN BLVD LONG BEACH CA 90803 6377024 false false X www.lbma.org X 1968 CA The purpose of the Foundation is to promote understanding and appreciation of the arts, to collect and exhibit significant works of art, & to manage and support an institution where these works of art may be housed and displayed for the education and enjoyment of the public. 23 23 128 100 46845 1350151 2735971 67063 93118 92762 109764 -73218 80280 1436758 3019133 0 0 991704 1103838 0 157623 621152 768868 1612856 1872706 -176098 1146427 5158354 6416190 807171 931598 4351183 5484592 The purpose of the Foundation is to promote understanding and appreciation of the arts, to collect and exhibit significant works of art, & to manage and support an institution where these works of art may be housed and displayed for the education and enjoyment of the public. false false 1513183 93118 LBMA preserves, conserves, researches and exhibits works of art in its collection. LBMA shares historical, biographical, artistic and cultural ideas and information that defines and interprets the works in its collection and on exhibition. LBMA exhibits artwork loaned by individuals and other institutions that provides context for, comparison with and further exploration of the important works in the collection. The Museum presents educational programs for children and adults that promote life-long learning, nourish creativity and foster self-expression. 1513183 true true false false false false false true false false true true false false true false false false false false false false false false true false false false false true false false false false false false false false false false false true false false false false true false false false true 20 0 true 128 true true true false false false false false false 0 false false false false false false false false false false X 23 23 false false false false false false false true true false false true true true true true true true false false CA X DIRECTOR OF FINANCE 5624392119 2300 E OCEAN BLVD LONG BEACH CA 90803 DEBBIE AUTREY Trustee 1.00 0.00 X 0 0 0 LORI DANIEL Trustee 1.00 0.00 X 0 0 0 TALA BALTAZAR Trustee 1.00 0.00 X 0 0 0 DR OLIVER BROOKS Trustee 1.00 0.00 X 0 0 0 DONITA VAN HORIK Trustee 1.00 0.00 X 0 0 0 TOM CORCORAN Trustee 1.00 0.00 X 0 0 0 STEVE PAKIZ Trustee 1.00 0.00 X 0 0 0 LAURA FUNG-MILLMAN Trustee 1.00 0.00 X 0 0 0 BARBARA WILDE President 1.00 0.00 X X 0 0 0 WAYNE BRANDER Trustee 1.00 0.00 X 0 0 0 DAWN RADUE Trustee 1.00 0.00 X 0 0 0 LAURA RUSSELL Trustee 1.00 0.00 X 0 0 0 SUSAN SLEEP Trustee 1.00 0.00 X 0 0 0 SYLVIA HARTMAN Trustee 1.00 0.00 X 0 0 0 ANIA SULLIVAN Trustee 1.00 0.00 X 0 0 0 ROBERTA JENKINS Trustee 1.00 0.00 X 0 0 0 DONITA JOSEPH Treasurer 1.00 0.00 X X 0 0 0 MARSHA JEFFER Secretary 1.00 0.00 X X 0 0 0 MARK GUILLEN Trustee 1.00 0.00 X 0 0 0 PAMELA MUNZER Trustee 1.00 0.00 X 0 0 0 DON GIBBS Trustee 1.00 0.00 X 0 0 0 JAY HONG Trustee 1.00 0.00 X 0 0 0 MATTHEW RABIN Trustee 1.00 0.00 X 0 0 0 RON NELSON Executive Dir. 40.00 0.00 X 185000 0 1360 185000 1360 1 false true false 0 198102 79858 493306 1964705 1243961 2735971 MUSEUM ADMISSIONS 713990 51237 51237 OTHER PROGRAM FEES 713990 41881 41881 93118 84505 84505 0 0 119435 119435 119435 119435 773691 748432 25259 25259 25259 27722 79858 27722 0 0 2542582 2581737 -39155 -72590 33435 0 3019133 93118 46845 143199 0 0 0 0 185000 140310 23669 21021 0 779514 591207 99731 88576 0 64368 48096 9517 6755 74956 58751 10597 5608 0 0 18275 15368 1803 1104 0 0 16267 16267 0 18738 15390 1875 1473 41909 28098 5095 8716 0 0 0 91359 82983 4850 3526 0 319 319 0 0 133230 128623 2280 2327 43325 40808 1373 1144 OUTSIDE SERVICES 140360 118032 13851 8477 AQUISITIONS AND EXHIBITIONS 76370 76370 RENTALS 66721 61738 2797 2186 SUPPLIES AND OTHER 35806 31868 2139 1799 86189 75222 6056 4911 1872706 1513183 201900 157623 65534 68327 71834 167349 0 267926 247460 0 0 0 36426 44727 36759 41413 6581808 2918004 3052826 3663804 0 1626724 2170380 0 0 325 12730 5158354 6416190 405583 531250 121796 118188 251792 251792 28000 30368 807171 931598 X 2693969 3338779 208086 696685 1449128 1449128 4351183 5484592 5158354 6416190 1146427 -13018 X false true X true false X 1235274 2888691 966073 1350151 2735971 9176160 0 0 1235274 2888691 966073 1350151 2735971 9176160 2514775 6661385 564 576 1323 51564 84505 138532 0 138921 134163 117445 88299 119435 598263 9912955 0.67200 0.60820 X X X X false 4000 4000 3747572 1382657 2364915 2092327 950257 1142070 487622 351266 136356 250287 233824 16463 3663804 2170380 DEPOSITS 30368 30368 4920692 -13018 1914577 1901559 3019133 3019133 3787284 1914578 1914578 1872706 1872706 Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o The permanent collection of the Long Beach Museum of Art consists of over 2,700 paintings, sculptures and works on paper. It spans approximately 300 years of American and European art with three areas of great strength: early European paintings and works on paper, modern and contemporary paintings, and sculpture by California artists. Approximately fifty percent of the Museum's permanent collection was acquired while under City operation and is still owned by the City and the other fifty percent is owned by the Foundation. According to the Museum's mission the collection is displayed and interpreted for the enjoyment of the Museum's diverse audiences.Art objects purchased and donated are not included in the statement of financial position. This practice is followed by many museums and is the recommendation of the Association of Art Museum Directors. The cost of all objects purchased and any proceeds from insurance or deaccessions of objects are reported as increases or decreases in net assets as appropriate. Part III, Line 4: Description of organization's collections and how it furthers its purpose. LBMA preserves, conserves, researches and exhibits works of art in its collection. LBMA shares historical, biographical, artistic and cultural ideas and information that defines and interprets the works in its collection and on exhibition. LBMA exhibits artwork loaned by individuals and other institutions that provides context for, comparison with and further exploration of the important works in the collection. The Museum presents educational programs for children and adults that promote life-long learning, nourish creativity and foster self-expression. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COST OF GOODS SOLD - MUSEUM STORE $33885 BUSINESS OPERATIONS EXPENSES $1896959 INVESTMENT MANAGEMENT FEES $-16267 Part XII, Line 2d: Other expenses and losses per audited F/S COST OF GOODS SOLD - MUSEUM STORE $33886 BUSINESS OPERATIONS EXPENSES $1896959 INVESTMENT MANAGEMENT FEES $-16267 false OLD BAGS LUCHEON AND OTHER 107580 79858 27722 27722 107580 79858 27722 27722 27722 false false false false false false false false false false RON NELSON Executive Dir. 185000 1360 186360 X 1 18874 X 2 520735 X 1 704352 false false false Form 990, Part VI, Line 11b: Form 990 Review Process The Finance Committee is authorized by the Board of Trustees to review and approve the 990 prior to filing. The Finance Committee reports back to the full Board and distributes the final report. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN ANNUAL CONFLICT OF INTEREST STATEMENTS. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Compensation for the Executive Director is reviewed annually by the Executive Committee of the Board of Trustees using appropriate comparability data in the review. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available AVAILABLE UPON REQUEST AT THE CORPORATE OFFICE. CHARITABLE REMAINDER TRUSTS 4400 MACARTHUR BLVD SUITE 400 NEWPORT BEACH CA CA 92660 HOLDING CA N/A TRUST false false false false false false false false false false false false false false false false false false false false