MUSEUM ASSOCIATES: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: MUSEUM ASSOCIATES (EIN 95-2264067)
Tax period: 2015-07-01 to 2016-06-30
Filed: 2017-04-03
IRS object ID: 201720939349300787
Schema version: 2015v3.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-04-03T17:13:12-05:00	ReturnTs
Tax Period End	2016-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	952302617	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SINGERLEWAK LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	10960 WILSHIRE BLVD STE 700	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	900243783	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	952264067	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MUSEUM ASSOCIATES	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MUSE	BusinessNameControlTxt
Phone	3238576142	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5905 WILSHIRE BLVD	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90036	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ANN ROWLAND	PersonNm
Person Title	CHIEF FINANCIAL OFFICER	PersonTitleTxt
Phone	3238576142	PhoneNum
Signature	2017-03-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LIOR TEMKIN	PreparerPersonNm
PTIN	P00748170	PTIN
Phone	3104773924	PhoneNum
Preparation	2017-03-16	PreparationDt

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	LOS ANGELES COUNTY MUSEUM OF ART (LACMA)	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	ANN ROWLAND	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5905 WILSHIRE BLVD	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90036	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$87,015,919	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.LACMA.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1938	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	SEE SCHEDULE O	ActivityOrMissionDesc
Voting Members Governing Body	53	VotingMembersGoverningBodyCnt
Voting Members Independent	51	VotingMembersIndependentCnt
Total Employee	618	TotalEmployeeCnt
Total Volunteers	382	TotalVolunteersCnt
Total Gross UBI	$148,572	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$184,889	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$58,208,103	PYContributionsGrantsAmt
CY Contributions Grants	$36,575,146	CYContributionsGrantsAmt
PY Program Service Revenue	$36,508,274	PYProgramServiceRevenueAmt
CY Program Service Revenue	$36,888,816	CYProgramServiceRevenueAmt
PY Investment Income	$5,061,615	PYInvestmentIncomeAmt
CY Investment Income	$6,174,150	CYInvestmentIncomeAmt
PY Other Revenue	$3,494,015	PYOtherRevenueAmt
CY Other Revenue	$3,697,461	CYOtherRevenueAmt
PY Total Revenue	$103,272,007	PYTotalRevenueAmt
CY Total Revenue	$83,335,573	CYTotalRevenueAmt
PY Grants And Similar Paid	$394,136	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$472,248	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$34,757,409	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$37,696,384	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,119,040	CYTotalFundraisingExpenseAmt
PY Other Expenses	$77,732,805	PYOtherExpensesAmt
CY Other Expenses	$70,818,797	CYOtherExpensesAmt
PY Total Expenses	$112,884,350	PYTotalExpensesAmt
CY Total Expenses	$108,987,429	CYTotalExpensesAmt
PY Revenues Less Expenses	-$9,612,343	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$25,651,856	CYRevenuesLessExpensesAmt
Total Assets BOY	$729,171,379	TotalAssetsBOYAmt
Total Assets EOY	$709,060,802	TotalAssetsEOYAmt
Total Liabilities BOY	$468,247,320	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$507,474,444	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$260,924,059	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$201,586,358	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$38,299,274	ExpenseAmt
Grant	$472,248	GrantAmt
Revenue	$1,456,432	RevenueAmt
Desc	EXHIBITION, CURATORIAL, CONSERVATION & ART PROGRAMSLACMA PRESENTED 31 EXHIBITIONS AND PERMANENT COLLECTION INSTALLATIONS IN FISCAL 2015-2016, FEATURING ARTWORKS FROM ITS OWN COLLECTION AND FROM LENDERS AROUND THE WORLD. PUBLIC PROGRAMS, FILMS, AND CONCERTS ARE DEVELOPED IN COORDINATION WITH SPECIAL EXHIBITIONS. MANY WORKS FROM THE MUSEUM'S COLLECTION OF OVER 130,000 OBJECTS ARE TREATED BY CONSERVATORS, WHILE THE MUSEUM'S RESEARCH LIBRARY AND SCHOLARLY PUBLICATIONS PROVIDE REFERENCE SUPPORT TO MUSEUM STAFF AND OUTSIDE SCHOLARS. ALL OF THESE ACTIVITIES SERVE TO MEET THE GOALS OF CONSERVATION, EXHIBITION AND INTERPRETATION OF THE ART INTO MEANINGFUL AESTHETIC, INTELLECTUAL, AND CULTURAL EXPERIENCES.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$30,180,173	ExpenseAmt
Desc	FACILITY ENHANCEMENTFINANCING AND DEPRECIATION EXPENSE REPRESENT AMORTIZATION OF THE CAPITALIZED COSTS OF CONSTRUCTING THE MUSEUM'S PHYSICAL FACILITIES, AN ACTIVITY THAT IS ONE OF THE CORE REASONS MUSEUM ASSOCIATES WAS FOUNDED. THIS CATEGORY OF EXPENSE ALSO REFLECTS ON-GOING ACTIVITY FOR PROJECTS THAT WERE NOT CAPITALIZED, SUCH AS ARCHITECTURAL PLANNING.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$11,532,116	ExpenseAmt
Revenue	$391,619	RevenueAmt
Desc	PUBLIC AND PROTECTIVE SERVICES AND ENGAGEMENTIT IS A MUSEUM GOAL TO CONTINUOUSLY EXPAND AND SERVE AUDIENCES OF ALL AGES, ETHNICITIES, AND SOCIO-ECONOMIC BACKGROUNDS BY CREATING WELCOMING ENVIRONMENTS AND PROGRAMS. THIS IS ACCOMPLISHED THROUGH A VARIETY OF MEANS, INCLUDING ON-SITE STAFF AND CONTRACTORS PROTECTING ART AND PROVIDING SERVICE TO THE PUBLIC, SPECIAL EVENTS, PROMOTIONAL CAMPAIGNS, CAMPUS WAY-FINDING MEDIA, AND THE MUSEUM MAGAZINE.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$11,698,162	ExpenseAmt
Revenue	$36,335,072	RevenueAmt
Desc	IT IS A MUSEUM GOAL TO CONTINUOUSLY EXPAND AND SERVE AUDIENCES OF ALL AGES, ETHNICITIES, AND SOCIO-ECONOMIC BACKGROUNDS BY CREATING WELCOMING ENVIRONMENTS AND PROGRAMS. THIS IS ACCOMPLISHED THROUGH A VARIETY OF MEANS, INCLUDING THE MUSEUM MAGAZINE, SPECIAL EVENTS, PROMOTIONAL CAMPAIGNS, CAMPUS WAY-FINDING MEDIA, AND ON-SITE STAFF PROVIDING SERVICE TO THE PUBLIC. THE MUSEUM ALSO WORKS TO EXTEND THE MUSEUM EXPERIENCE IN THE FULLEST POSSIBLE WAY TO THE WIDEST POSSIBLE AUDIENCE. TO ACHIEVE THIS GOAL, IT OFFERS MANY EDUCATIONAL OUTREACH PROGRAMS IN LOCAL SCHOOLS AND ON-SITE FOR CHILDREN AND TEENS AS WELL AS CLASSES AND OTHER PROGRAMS AND INTERPRETIVE MATERIALS FOR COLLEGE STUDENTS AND ADULTS. IT ALSO PROVIDES IMAGES, INFORMATION, AND OTHER WAYS TO ACCESS ITS COLLECTIONS AND PROGRAMS THROUGH THE WEB AND MANY OTHER DIGITAL MEDIA.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$11,698,162	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$36,335,072	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$91,709,725	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	Yes (1)	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	Yes (1)	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	287	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	618	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	53	GoverningBodyVotingMembersCnt
Independent Voting Member	51	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANN ROWLAND CHIEF FINANCIAL OFFICER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3238576142	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5905 WILSHIRE BLVD	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90036	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (67 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
TONY P RESSLER
CO-CHAIR OF THE BOARD	0.50	Yes (X)	Yes (X)	$0	$0	$0
ELAINE P WYNN
CO-CHAIR OF THE BOARD	0.50	Yes (X)	Yes (X)	$0	$0	$0
WILLIAM H AHMANSON
VICE CHAIR	0.50	Yes (X)	Yes (X)	$0	$0	$0
WILLOW BAY
VICE CHAIR	0.50	Yes (X)	Yes (X)	$0	$0	$0
ROBERT KOTICK
VICE CHAIR	0.50	Yes (X)	Yes (X)	$0	$0	$0
LYNDA RESNICK
VICE CHAIR	0.50	Yes (X)	Yes (X)	$0	$0	$0
WALLIS ANNENBERG
TRUSTEE	0.50	Yes (X)		$0	$0	$0
MARK ATTANASIO
TRUSTEE	0.50	Yes (X)		$0	$0	$0
AMBASSADOR NICOLE AVANT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
DR REBECKA BELLDEGRUN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
NICOLAS BERGGRUEN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
DAVID C BOHNETT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
SUZANNE DEAL BOOTH
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ANDREW BRANDON-GORDON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
BRIGITTE BREN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
EVA CHOW
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ANN COLGIN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JANET CROWN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
KELVIN DAVIS
TRUSTEE	0.50	Yes (X)		$0	$0	$0
KELLY DAY
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JOSHUA S FRIEDMAN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
GABRIELA GARZA
TRUSTEE	0.50	Yes (X)		$0	$0	$0
THELMA GOLDEN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
TOM GORES
TRUSTEE	0.50	Yes (X)		$0	$0	$0
CAROLINE GRAINGE
TRUSTEE	0.50	Yes (X)		$0	$0	$0
BRIAN GRAZER
TRUSTEE	0.50	Yes (X)		$0	$0	$0
BRAD GREY
TRUSTEE	0.50	Yes (X)		$0	$0	$0
VICTORIA JACKSON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
SUZANNE KAYNE
TRUSTEE	0.50	Yes (X)		$0	$0	$0
LYN DAVIS LEAR
TRUSTEE	0.50	Yes (X)		$0	$0	$0
BRYAN LOURD
TRUSTEE	0.50	Yes (X)		$0	$0	$0
MICHAEL LYNTON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ROBERT F MAGUIRE III
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JAMIE MCCOURT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
RICHARD MERKIN MD
TRUSTEE	0.50	Yes (X)		$0	$0	$0
HEATHER MNUCHIN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
WENDY STARK MORRISSEY
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JANE NATHANSON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
PETER NORTON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ANNE PALMER
TRUSTEE	0.50	Yes (X)		$0	$0	$0
VIVECA PAULIN-FERRELL
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ANTHONY N PRITZKER
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JANET DREISEN REPPAPORT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
STEVEN F ROTH
TRUSTEE	0.50	Yes (X)		$0	$0	$0
CAROLE BAYER SAGER
TRUSTEE	0.50	Yes (X)		$0	$0	$0
FLORENCE SLOAN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ERIC SMIDT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
MICHAEL G SMOOKE
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JONATHAN D SOKOLOFF
TRUSTEE	0.50	Yes (X)		$0	$0	$0
STEVE TISCH
TRUSTEE	0.50	Yes (X)		$0	$0	$0
CASEY WASSERMAN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
DASHA ZHUKOVA
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ANN ZIFF
TRUSTEE	0.50	Yes (X)		$0	$0	$0
MICHAEL GOVAN
CEO & WALLIS ANNENBERG DIRECTOR	40.00		Yes (X)	$883,170	$178,525	$223,920
FRED GOLDSTEIN
SVP, GENERAL COUNSEL & SECRETARY	40.00		Yes (X)	$316,256	$0	$68,504
ANN ROWLAND
CHIEF FINANCIAL OFFICER	40.00		Yes (X)	$70,252	$155,772	$124,829
THERESA MORELLO
SVP, EXTERNAL AFFAIRS	40.00			$467,315	$0	$33,049	Yes (X)
DIANA VESGA
CHIEF ADMINISTRATIVE OFFICER	40.00			$372,137	$0	$49,224	Yes (X)
MELISSA BOMES
SVP OF DEVELOPMENT & AUDIENCE STRATEGY	40.00			$313,979	$0	$30,798	Yes (X)
NANCY THOMAS
SR. DEPUTY DIRECTOR OF ART ADMIN & COLLECTIONS	40.00			$118,504	$120,606	$87,221	Yes (X)
JANE BURRELL
SVP, EDUCATION & PUBLIC PROGRAMS	40.00			$141,441	$72,761	$74,047	Yes (X)
MARK MITCHELL
BUDGET AND INVESTMENT OFFICER	40.00			$210,521	$0	$44,416	Yes (X)
ZOE KAHR
DEPUTY DIRECTOR OF EXHIBITIONS & PLANNING	40.00			$231,080	$0	$16,330		Yes (X)
KRISTEN SHEPHERD
AVP, AUDIENCE STRATEGY & SERVICES	40.00			$209,352	$0	$20,822		Yes (X)
STEPHANIE BARRON
SENIOR CURATOR & DEPT HEAD	40.00			$81,329	$104,276	$84,530		Yes (X)
BERNADITA SIDES
AVP HUMAN RESOURCES	40.00			$184,805	$0	$19,427		Yes (X)
DIANA MAGALONI-KERPEL
DEPUTY DIRECTOR & DIRECTOR OF THE PROGRAM FOR ART	40.00			$184,275	$0	$41,062		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,784,416	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$631,940	TotReportableCompRltdOrgAmt
Total Other Compensation	$918,179	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	47	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt	Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt	CityContractorAddress/ForeignAddress/CityNm	CountryContractorAddress/ForeignAddress/CountryCd	Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd
ALLIED BARTON SECURITY SERVICES
EIGHT TOWER BRIDGE 161 WASHINGTON	CONSHOHOCKEN	PA	19428	SECURITY	$5,481,925
ATELIER PETER ZUMTHOR & PARTNER
				ARCHITECTURE	$2,245,187	ARCHITEKTURBURO SUSSWINKEL 20	HALDENSTEIN	SZ	CH-7023
J BEN BOURGEOIS PRODUCTIONS
512 N LARCHMONG BLVD	LOS ANGELES	CA	90004	SPECIAL EVENTS DESIGNER	$1,637,896
PATINA RESTAURANT GROUP LLC
1150 S OLIVE ST STE TGL	LOS ANGELES	CA	90015	CATERING	$1,362,312
US ART COMPANY INC
66 PACELLA PARK DR	RANDOLPH	MA	02368	SHIPPING & STORAGE	$1,281,921

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	27	CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIII	Yes (X)	InfoInScheduleOPartVIIIInd
Membership Dues	$8,174,843	MembershipDuesAmt
Fundraising	$4,479,960	FundraisingAmt
Government Grants	$928,581	GovernmentGrantsAmt
All Other Contributions	$22,991,762	AllOtherContributionsAmt
Noncash Contributions	$9,829,614	NoncashContributionsAmt
Total Contributions	$36,575,146	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
COUNTY OPERATING CONTR	900099	$23,081,000	$23,081,000
ADMISSIONS	900099	$7,669,466	$7,669,466
PARKING REVENUE	900099	$2,464,750	$2,464,750
EXHIBITION REVENUE	900099	$1,456,432	$1,456,432
COLLECTION ITEMS SOLD	900099	$1,056,599	$1,056,599

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,160,569	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,160,569	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$36,888,816	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,858,195	TotalRevenueColumnAmt
Unrelated Business Revenue	$148,572	UnrelatedBusinessRevenueAmt
Exclusion	$1,709,623	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$127,466	TotalRevenueColumnAmt
Exclusion	$127,466	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,397,539	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,397,539	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,397,539	TotalRevenueColumnAmt
Exclusion	$1,397,539	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$4,315,955	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$4,315,955	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,315,955	TotalRevenueColumnAmt
Exclusion	$4,315,955	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$2,586,668	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$4,479,960	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$2,586,668	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$2,196,071	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$1,093,678	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,102,393	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,102,393	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FOOD SERVICES	900099	$453,596	$453,596
FACILITY USE FEE	900099	$325,422	$325,422
ART HANDLING & OTH SVC	900099	$191,914		$191,914

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$99,131	TotalRevenueColumnAmt
Exclusion	$99,131	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,070,063	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$83,335,573	TotalRevenueColumnAmt
Related Or Exempt Func Income	$38,183,123	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$148,572	UnrelatedBusinessRevenueAmt
Exclusion	$8,428,732	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$472,248	TotalAmt
Program Services	$472,248	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,506,364	TotalAmt
Program Services	$824,880	ProgramServicesAmt
Management And General	$1,112,026	ManagementAndGeneralAmt
Fundraising	$569,458	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$24,650,304	TotalAmt
Program Services	$18,039,245	ProgramServicesAmt
Management And General	$3,857,954	ManagementAndGeneralAmt
Fundraising	$2,753,105	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,059,920	TotalAmt
Program Services	$4,234,335	ProgramServicesAmt
Management And General	$1,159,304	ManagementAndGeneralAmt
Fundraising	$666,281	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$2,624,902	TotalAmt
Program Services	$1,790,943	ProgramServicesAmt
Management And General	$541,206	ManagementAndGeneralAmt
Fundraising	$292,753	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,854,894	TotalAmt
Program Services	$1,402,128	ProgramServicesAmt
Management And General	$238,087	ManagementAndGeneralAmt
Fundraising	$214,679	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$70,636	TotalAmt
Program Services	$48,817	ProgramServicesAmt
Management And General	$21,819	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$44,200	TotalAmt
Management And General	$44,200	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$646,098	TotalAmt
Management And General	$646,098	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$11,522,775	TotalAmt
Program Services	$9,960,328	ProgramServicesAmt
Management And General	$1,263,523	ManagementAndGeneralAmt
Fundraising	$298,924	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$410,088	TotalAmt
Program Services	$400,160	ProgramServicesAmt
Management And General	$9,928	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,929,086	TotalAmt
Program Services	$2,933,793	ProgramServicesAmt
Management And General	$467,891	ManagementAndGeneralAmt
Fundraising	$527,402	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,113,684	TotalAmt
Program Services	$648,508	ProgramServicesAmt
Management And General	$384,087	ManagementAndGeneralAmt
Fundraising	$81,089	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$32,674	TotalAmt
Program Services	$32,252	ProgramServicesAmt
Management And General	$422	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$4,612,732	TotalAmt
Program Services	$4,277,681	ProgramServicesAmt
Management And General	$320,773	ManagementAndGeneralAmt
Fundraising	$14,278	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,330,072	TotalAmt
Program Services	$1,221,297	ProgramServicesAmt
Management And General	$43,317	ManagementAndGeneralAmt
Fundraising	$65,458	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$13,575,703	TotalAmt
Program Services	$13,575,703	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$8,064,804	TotalAmt
Program Services	$7,581,948	ProgramServicesAmt
Management And General	$482,856	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,461,371	TotalAmt
Program Services	$1,453,609	ProgramServicesAmt
Management And General	$5,773	ManagementAndGeneralAmt
Fundraising	$1,989	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
CONSTRUCTION COSTS	$9,022,522	$9,022,522
ART ACQUISITION	$5,735,574	$5,735,574
ART INSTALLATION & PUBL	$4,281,040	$4,281,040
REMOTE ART PROJECTS	$1,574,933	$1,574,933

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,390,805	TotalAmt
Program Services	$2,197,781	ProgramServicesAmt
Management And General	$559,400	ManagementAndGeneralAmt
Fundraising	$633,624	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$108,987,429	TotalAmt
Program Services	$91,709,725	ProgramServicesAmt
Management And General	$11,158,664	ManagementAndGeneralAmt
Fundraising	$6,119,040	FundraisingAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part X	Yes (X)	InfoInScheduleOPartXInd

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,730,668	BOYAmt
EOY	$3,859,173	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$91,592,684	BOYAmt
EOY	$78,212,957	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$7,513,205	BOYAmt
EOY	$7,792,023	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$894,255	BOYAmt
EOY	$797,911	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$137,291	BOYAmt
EOY	$106,459	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$349,828,867	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$68,101,216	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$289,556,284	BOYAmt
EOY	$281,727,651	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$323,560,291	BOYAmt
EOY	$148,980,898	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
EOY	$174,398,168	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$14,186,701	BOYAmt
EOY	$13,185,562	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$729,171,379	BOYAmt
EOY	$709,060,802	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$7,710,520	BOYAmt
EOY	$9,916,358	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$41,215,945	BOYAmt
EOY	$39,473,380	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$343,000,000	BOYAmt
EOY	$343,000,000	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$2,237,462	BOYAmt
EOY	$1,650,001	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$74,083,393	BOYAmt
EOY	$113,434,705	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$468,247,320	BOYAmt
EOY	$507,474,444	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$97,738,567	BOYAmt
EOY	$53,439,777	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$141,127,245	BOYAmt
EOY	$126,082,157	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$22,058,247	BOYAmt
EOY	$22,064,424	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$260,924,059	BOYAmt
EOY	$201,586,358	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$729,171,379	BOYAmt
EOY	$709,060,802	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$25,651,856	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$2,058,245	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$31,627,600	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$40,644,892	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$42,375,861	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$70,676,397	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$58,194,943	CurrentTaxYearMinus1YearAmt
Current Tax Year	$36,575,146	CurrentTaxYearAmt
Total	$248,467,239	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$40,644,892	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$42,375,861	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$70,676,397	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$58,194,943	CurrentTaxYearMinus1YearAmt
Current Tax Year	$36,575,146	CurrentTaxYearAmt
Total	$248,467,239	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$16,999,882	SubstantialContributorsTotAmt
Public Support Total170	$231,467,357	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,595,913	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,780,527	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,782,532	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,847,983	CurrentTaxYearMinus1YearAmt
Current Tax Year	$7,550,583	CurrentTaxYearAmt
Total	$24,557,538	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$19,852	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years	$421,711	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$33,884	CurrentTaxYearMinus1YearAmt
Current Tax Year	$148,572	CurrentTaxYearAmt
Total	$624,019	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$902,903	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$850,857	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,150,691	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$649,155	CurrentTaxYearMinus1YearAmt
Current Tax Year	$878,149	CurrentTaxYearAmt
Total	$4,431,755	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$278,080,551	TotalSupportAmt
Gross Receipts Rltd Activities	$181,825,238	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.83240	PublicSupportCY170Pct
Public Support PY170	0.83180	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	FACILITY USE FEE - 2011 AMOUNT: $ 437,953. 2012 AMOUNT: $ 353,563. 2013 AMOUNT: $ 464,524. 2014 AMOUNT: $ 144,449. 2015 AMOUNT: $ 325,422. OTHER REVENUE - 2011 AMOUNT: $ 191,167. 2012 AMOUNT: $ 89,439. 2013 AMOUNT: $ 132,245. 2014 AMOUNT: $ 72,586. 2015 AMOUNT: $ 99,131. FOOD SERVICES - 2011 AMOUNT: $ 273,783. 2012 AMOUNT: $ 407,855. 2013 AMOUNT: $ 553,922. 2014 AMOUNT: $ 432,120. 2015 AMOUNT: $ 453,596.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Total Direct Lobbying TotalDirectLobbyingGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$3,041	FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$3,041	FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$108,984,388	FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$108,987,429	FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$1,000,000	FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$250,000	FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$1,000,000	CurrentYearMinus3Amt
Current Year Minus2	$1,000,000	CurrentYearMinus2Amt
Current Year Minus1	$1,000,000	CurrentYearMinus1Amt
Current Year	$1,000,000	CurrentYearAmt
Total	$4,000,000	TotalAmt

Field	Value	IRS element (for citing)
Lobbying Ceiling	$6,000,000	LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$500,322	CurrentYearMinus3Amt
Current Year Minus2	$720	CurrentYearMinus2Amt
Current Year Minus1	$2,974	CurrentYearMinus1Amt
Current Year	$3,041	CurrentYearAmt
Total	$507,057	TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$250,000	CurrentYearMinus3Amt
Current Year Minus2	$250,000	CurrentYearMinus2Amt
Current Year Minus1	$250,000	CurrentYearMinus1Amt
Current Year	$250,000	CurrentYearAmt
Total	$1,000,000	TotalAmt

Field	Value	IRS element (for citing)
Grassroots Ceiling	$1,500,000	GrassrootsCeilingAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1:	FormAndLineReferenceDesc
Explanation	THE MUSEUM'S GENERAL COUNSEL COMMUNICATED WITH THE OFFICE OF A FEDERAL LEGISLATOR IN SUPPORT OF THE FOREIGN CULTURAL EXCHANGE JURISDICTIONAL IMMUNITY ACT AND THE HOLOCAUST EXPROPRIATED ART RECOVERY ACT. HE ALSO DRAFTED A LETTER TO THE GOVERNOR OF CALIFORNIA IN SUPPORT OF SB 767, WHICH WOULD AUTHORIZE L.A. METRO TO PLACE A TRANSPORTATION TAX ON A FUTURE BALLOT.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Preservation Public Use	Yes (X)	PreservationPublicUseInd
Protection Natural Habitat	Yes (X)	ProtectionNaturalHabitatInd
Preservation Open Space	Yes (X)	PreservationOpenSpaceInd
Historic Land Area	Yes (X)	HistoricLandAreaInd
Total Easements	1	TotalEasementsCnt
Total Acreage	1316.50	TotalAcreageCnt
Modified Easements	0	ModifiedEasementsCnt
States Easements Held	1	StatesEasementsHeldCnt
Written Policy Monitoring	0	WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement	0.00	StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement	$0	ExpensesIncurredEnforcementAmt
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

Field	Value	IRS element (for citing)
Collection Used Other Purposes	Yes (X)	CollectionUsedOtherPurposesInd
Other Purposes	PUBLIC EDUCATION	OtherPurposesDesc

Field	Value	IRS element (for citing)
Solicited Assets Sale	Yes (1)	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$125,782,946	BeginningYearBalanceAmt
Contributions	$6,177	ContributionsAmt
Investment Earnings Or Losses	$719,758	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,223,150	OtherExpendituresAmt
End Year Balance	$120,285,731	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$125,521,909	BeginningYearBalanceAmt
Contributions	$10,168	ContributionsAmt
Investment Earnings Or Losses	$6,369,796	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,118,927	OtherExpendituresAmt
End Year Balance	$125,782,946	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$115,294,358	BeginningYearBalanceAmt
Contributions	$34,865	ContributionsAmt
Investment Earnings Or Losses	$15,578,226	InvestmentEarningsOrLossesAmt
Other Expenditures	$5,385,540	OtherExpendituresAmt
End Year Balance	$125,521,909	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$110,803,247	BeginningYearBalanceAmt
Contributions	$10,764	ContributionsAmt
Investment Earnings Or Losses	$10,277,456	InvestmentEarningsOrLossesAmt
Other Expenditures	$5,797,109	OtherExpendituresAmt
End Year Balance	$115,294,358	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$117,875,345	BeginningYearBalanceAmt
Contributions	$966,090	ContributionsAmt
Investment Earnings Or Losses	-$2,272,933	InvestmentEarningsOrLossesAmt
Other Expenditures	$5,765,255	OtherExpendituresAmt
End Year Balance	$110,803,247	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.50000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.18300	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.31700	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$35,747,913	OtherCostOrOtherBasisAmt
Book Value	$35,747,913	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$303,277,925	OtherCostOrOtherBasisAmt
Depreciation	$57,973,718	DepreciationAmt
Book Value	$245,304,207	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,803,029	OtherCostOrOtherBasisAmt
Depreciation	$10,127,498	DepreciationAmt
Book Value	$675,531	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$281,727,651	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
ABSOLUTE RETURN INVESTMENTS	$109,261,523	F
OTHER PARTNERSHIPS AND OTHER FUNDS	$65,136,645	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$174,398,168	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
INTEREST RATE SWAPS	$100,753,320
UNDERFUNDED PENSION LIABILITIES	$6,610,810
COUNTY FUNDING AGREEMENT OBLIGATION	$4,498,265
SPLIT-INTEREST AGREEMENT LIABILITIES	$1,572,310

Field	Value	IRS element (for citing)
Total Liability	$113,434,705	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$49,040,709	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$2,058,245	NetUnrealizedGainsInvstAmt
Other Revenue	-$31,180,020	OtherRevenueAmt
Revenue Not Reported	-$33,238,265	RevenueNotReportedAmt
Revenue Subtotal	$82,278,974	RevenueSubtotalAmt
Other Revenues Not Included	$1,056,599	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$1,056,599	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$83,335,573	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$103,699,435	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$447,580	OtherExpensesIncludedAmt
Expenses Not Reported	$447,580	ExpensesNotReportedAmt
Expenses Subtotal	$103,251,855	ExpensesSubtotalAmt
Other Expenses Not Included	$5,735,574	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$5,735,574	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$108,987,429	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART II, LINE 5:	THE MUSEUM MONITORS ITS EASEMENTS ON A CASE-BY-CASE BASIS BUT DOES NOT HAVE OFFICIAL PROCEDURES FOR SUCH MONITORING. EASEMENTS ARE NOT A PRIORITY OF THE MUSEUM AND ARE ACCEPTED ON A CASE-BY-CASE BASIS AND ONLY IF THEY SUPPORT LACMA'S MISSION.
PART II, LINE 9:	AS THERE IS NO FINANCIAL IMPACT, THE MUSEUM DOES NOT REPORT THIS CONSERVATION EASEMENT IN ITS FINANCIAL STATEMENTS.
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 UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE EXCLUDED FROM THE FINANCIAL STATEMENTS.
PART III, LINE 4:	THE LOS ANGELES COUNTY MUSEUM OF ART (THE "MUSEUM") IS THE PREMIER ENCYCLOPEDIC ART MUSEUM IN THE WESTERN UNITED STATES. THE MUSEUM'S COLLECTION OF MORE THAN 130,000 ARTWORKS FROM AROUND THE WORLD SPANS THE HISTORY OF ART, FROM ANCIENT TO CONTEMPORARY TIMES, INCLUDING ESPECIALLY STRONG COLLECTIONS OF ASIAN, LATIN AMERICAN, EUROPEAN, AND AMERICAN ART. THROUGH ITS VARIED COLLECTIONS, THE MUSEUM IS BOTH A RESOURCE TO AND A REFLECTION OF THE MANY CULTURAL COMMUNITIES AND HERITAGES IN SOUTHERN CALIFORNIA AND THROUGHOUT THE WORLD.
PART V, LINE 4:	THE EARNINGS OF THE MUSEUM'S ENDOWMENT FUNDS SUPPORT EDUCATION AND ART PROGRAMS, AND THE MISSION OF THE MUSEUM.
PART X, LINE 2:	IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION TOPIC NO. 710 "UNCERTAINTY IN INCOME TAXES", 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 TAX YEAR JUNE 30, 2016 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 MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS AND TO DATE NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE MUSEUM IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEAR ENDED BEFORE JUNE 30, 2013 AND STATE EXAMINATIONS FOR THE YEARS ENDED BEFORE JUNE 30, 2012.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	COGS 1,093,678. UNREALIZED GAINS (LOSSES) - ON INTEREST RATE SWAP -31,627,600. INVESTMENT MANAGEMENT FEES -646,098.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	COLLECTION ITEMS SOLD 1,056,599.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COGS 1,093,678. INVESTMENT MANAGEMENT FEES -646,098.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	COLLECTION ITEMS PURCHASED 5,735,574.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	ART & FILM GALA	Event1Nm
Gross Receipts Event1	$4,551,021	GrossReceiptsEvent1Amt
Charitable Contri Event1	$2,420,559	CharitableContriEvent1Amt
Gross Revenue Event1	$2,130,462	GrossRevenueEvent1Amt
Cash Prizes Event1	$0	CashPrizesEvent1Amt
Non Cash Prizes Event1	$0	NonCashPrizesEvent1Amt
Other Direct Expenses Event1	$2,130,462	OtherDirectExpensesEvent1Amt
Event2	COLLECTOR'S COMMITTEE	Event2Nm
Gross Receipts Event2	$2,492,808	GrossReceiptsEvent2Amt
Charitable Contri Event2	$2,039,412	CharitableContriEvent2Amt
Gross Revenue Event2	$453,396	GrossRevenueEvent2Amt
Cash Prizes Event2	$0	CashPrizesEvent2Amt
Non Cash Prizes Event2	$0	NonCashPrizesEvent2Amt
Other Direct Expenses Event2	$453,396	OtherDirectExpensesEvent2Amt
Other Events Total	2	OtherEventsTotalCnt
Gross Receipts Other Events	$22,799	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$19,989	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$2,810	GrossRevenueOtherEventsAmt
Cash Prizes Other Events	$0	CashPrizesOtherEventsAmt
Non Cash Prizes Other Events	$0	NonCashPrizesOtherEventsAmt
Oth Direct Expnss Other Events	$2,810	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$7,066,628	GrossReceiptsTotalAmt
Charitable Contributions Tot	$4,479,960	CharitableContributionsTotAmt
Gross Revenue Total Events	$2,586,668	GrossRevenueTotalEventsAmt
Cash Prizes Total Events	$0	CashPrizesTotalEventsAmt
Non Cash Prizes Total Events	$0	NonCashPrizesTotalEventsAmt
Oth Direct Expnss Total Events	$2,586,668	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$2,586,668	DirectExpenseSummaryEventsAmt
Net Income Summary	$0	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc	Purpose Of GrantPurposeOfGrantTxt
THE NELSON GALLERY FOUNDATION
4525 OAK ST	KANSAS CITY	MO	64111	446012977	501(C)(3)	$136,941	CASH GRANTS	N/A	TO ENCOURAGE DIVERSITY IN THE CURATORIAL AREA.
THE ART INSTITUTE OF CHICAGO
111 SOUTH MICHIGAN AVE	CHICAGO	IL	60603	362167725	501(C)(3)	$112,579	CASH GRANTS	N/A	TO ENCOURAGE DIVERSITY IN THE CURATORIAL AREA.
THE MUSEUM OF FINE ARTS HOUSTON
PO BOX 6826	HOUSTON	TX	77265	741109655	501(C)(3)	$107,942	CASH GRANTS	N/A	TO ENCOURAGE DIVERSITY IN THE CURATORIAL AREA.
THE HIGH MUSEUM OF ART
1280 PEACHTREE ST NE	ATLANTA	GA	30309	580633971	501(C)(3)	$114,786	CASH GRANTS	N/A	TO ENCOURAGE DIVERSITY IN THE CURATORIAL AREA.

Field	Value	IRS element (for citing)
Total501c3 Org	4	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE MUSEUM MONITORS THE USE OF GRANT FUNDS ON A CASE-BY-CASE BASIS BUT DOES NOT HAVE OFFICIAL PROCEDURES FOR SUCH MONITORING. GRANT MAKING IS NOT A PRIORITY OF THE MUSEUM. GRANTS ARE MADE ON A CASE-BY-CASE BASIS AND ONLY IF THEY SUPPORT LACMA'S MISSION.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL GOVAN
CEO & WALLIS ANNENBERG DIRECTOR	$781,170	$171,817	$0	$0	$102,000	$6,708	$123,196	$0	$0	$100,724	$1,006,366	$279,249	$0	$0
FRED GOLDSTEIN
SVP, GENERAL COUNSEL & SECRETARY	$316,256	$0	$0	$0	$0	$0	$61,619	$0	$6,885	$0	$384,760	$0	$0	$0
ANN ROWLAND
CHIEF FINANCIAL OFFICER	$70,252	$155,772	$0	$0	$0	$0	$16,890	$0	$0	$107,939	$87,142	$263,711	$0	$0
THERESA MORELLO
SVP, EXTERNAL AFFAIRS	$467,315	$0	$0	$0	$0	$0	$33,049	$0	$0	$0	$500,364	$0	$0	$0
DIANA VESGA
CHIEF ADMINISTRATIVE OFFICER	$322,137	$0	$50,000	$0	$0	$0	$25,260	$0	$23,964	$0	$421,361	$0	$0	$0
MELISSA BOMES
SVP OF DEVELOPMENT & AUDIENCE STRATE	$313,379	$0	$0	$0	$600	$0	$29,988	$0	$810	$0	$344,777	$0	$0	$0
NANCY THOMAS
SR. DEPUTY DIRECTOR OF ART ADMIN & C	$118,504	$120,606	$0	$0	$0	$0	$27,199	$0	$0	$60,022	$145,703	$180,628	$0	$0
JANE BURRELL
SVP, EDUCATION & PUBLIC PROGRAMS	$141,441	$72,761	$0	$0	$0	$0	$34,006	$0	$0	$40,041	$175,447	$112,802	$0	$0
MARK MITCHELL
BUDGET AND INVESTMENT OFFICER	$210,521	$0	$0	$0	$0	$0	$37,544	$0	$6,872	$0	$254,937	$0	$0	$0
ZOE KAHR
DEPUTY DIRECTOR OF EXHIBITIONS & PLA	$230,480	$0	$0	$0	$600	$0	$15,588	$0	$742	$0	$247,410	$0	$0	$0
KRISTEN SHEPHERD
AVP, AUDIENCE STRATEGY & SERVICES	$209,352	$0	$0	$0	$0	$0	$14,054	$0	$6,768	$0	$230,174	$0	$0	$0
STEPHANIE BARRON
SENIOR CURATOR & DEPT HEAD	$81,329	$104,276	$0	$0	$0	$0	$19,244	$0	$0	$65,286	$100,573	$169,562	$0	$0
BERNADITA SIDES
AVP HUMAN RESOURCES	$184,805	$0	$0	$0	$0	$0	$2,883	$0	$16,544	$0	$204,232	$0	$0	$0
DIANA MAGALONI-KERPEL
DEPUTY DIRECTOR & DIRECTOR OF THE PR	$184,275	$0	$0	$0	$0	$0	$24,535	$0	$16,527	$0	$225,337	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	THE MUSEUM PROVIDES A HOUSE FOR THE DIRECTOR, THE IMPUTED VALUE OF WHICH IS SHOWN IN COLUMN B(III), ROW 1(I). THE MUSEUM PROVIDED FIRST CLASS TRAVEL FOR THE DIRECTOR IN SELECT INSTANCES WHERE A PARTICULAR CARRIER DID NOT HAVE BUSINESS CLASS SEATS AVAILABLE, TOTALING $14,572.
PART I, LINE 4A	PER A CONFIDENTIALITY AGREEMENT SIGNED BY THE ORGANIZATION, THE SEVERANCE PACKAGE PAID TO AN EMPLOYEE IS NOT OPEN FOR PUBLIC INSPECTION. HOWEVER, THIS INFORMATION WILL BE PROVIDED TO ANY GOVERNMENTAL AGENCY UPON REQUEST.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK
A	630304653	13034ACQ1	2013-08-15	$78,000,000	REFUNDING OF 2008 BONDS	0	0	0
DIRECT PURCHASE - WELLS FARGO
B		13034ACT5	2013-08-15	$115,000,000	REFUNDING OF 2008 BONDS	0	0	0
DIRECT PURCHASE - UNION BANK
C		LACM2013C	2013-08-15	$100,000,000	REFUNDING OF 2008 BONDS	0	0	0
DIRECT PURCHASE - US BANK
D		LACM2013D	2013-08-15	$50,000,000	REFUNDING OF 2008 BONDS	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$78,000,000	$78,000,000	2010	Yes (1)	Yes (1)
B	$115,000,000	$115,000,000	2010	Yes (1)	Yes (1)
C	$100,000,000	$100,000,000	2010	Yes (1)	Yes (1)
D	$50,000,000	$50,000,000	2010	Yes (1)	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	Yes (1)	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)	Yes (1)
D	Yes (1)	Yes (1)	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	0	0	0	Yes (1)	0	0	0	0
B	0	0	0	0	Yes (1)	0	0	0	0
C	0	0	0	0	Yes (1)	0	0	0	0
D	0	0	0	0	Yes (1)	0	0	0	0

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)
D	Yes (1)

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE K, PART I, BOND ISSUES:	FormAndLineReferenceDesc
Explanation	(A) ISSUER NAME: CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK (F) DESCRIPTION OF PURPOSE: REFUNDING OF 2008 BONDS (A) ISSUER NAME: DIRECT PURCHASE - WELLS FARGO (F) DESCRIPTION OF PURPOSE: REFUNDING OF 2008 BONDS (A) ISSUER NAME: DIRECT PURCHASE - UNION BANK (F) DESCRIPTION OF PURPOSE: REFUNDING OF 2008 BONDS (A) ISSUER NAME: DIRECT PURCHASE - US BANK (F) DESCRIPTION OF PURPOSE: REFUNDING OF 2008 BONDS	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
JOSHUA S FRIEDMAN
TRUSTEE OF MUSEUM ASSOCIATES AND A CO-CHAIR OF THE FINANCE COMMITTEE.	$127,145	SEE PART VINV. MGMT FEESMR. FRIEDMAN IS ALSO A FOUNDER, CO-CHAIR AND CO-CHIEF EXECUTIVE OFFICER FOR CANYON CAPITAL ADVISORS LLC (CCA, LLC), AN INVESTMENT FIRM THAT IS PAID FOR MANAGEMENT SERVICES FOR INVESTING FUNDS OF THE ORGANIZATION, WHICH ARE BASED IN PART, ON REVENUES FROM THE PERFORMANCE OF THESE INVESTMENTS. MUSEUM ASSOCIATES INVESTED WITH CCA, LLC IN 2005, FOUR YEARS PRIOR TO MR. FRIEDMAN JOINING THE BOARD. MUSEUM ASSOCIATES HAS NOT INVESTED ANY ADDITIONAL FUNDS IN CCA, LLC SINCE THE DATE OF THE INITIAL INVESTMENT. LESS THAN 3% OF THE MUSEUM'S TOTAL PORTFOLIO IS INVESTED WITH MR. FRIEDMAN'S FIRM.FEES ARE BASED ON A PERCENTAGE OF ASSETS UNDER INVESTMENT MANAGEMENT AND AN INCENTIVE FEE BASED ON THE INVESTMENT PERFORMANCE.	Yes (1)
JONATHAN SOKOLOFF
TRUSTEE OF MUSEUM ASSOCIATES AND MEMBER OF THE BOARD FINANCE COMMITTEE.	$8,401	SEE PART VINV. MGMT FEESMR. SOKOLOFF IS ALSO A MANAGING PARTNER OF LEONARD GREEN & PARTNERS L.P., AN INVESTMENT FIRM THAT IS PAID FOR MANAGEMENT SERVICES FOR INVESTING FUNDS OF THE ORGANIZATION, WHICH ARE BASED IN PART, ON REVENUES FROM THE PERFORMANCE OF THESE INVESTMENTS. MUSEUM ASSOCIATES INVESTED WITH LEONARD GREEN & PARTNERS IN 2012, TWO AND A HALF YEARS PRIOR TO MR. SOKOLOFF JOINING THE BOARD. MUSEUM ASSOCIATES HAS MADE NO NEW INVESTMENT COMMITMENTS WITH LEONARD GREEN & PARTNERS SINCE THE DATE OF THE INITIAL INVESTMENT.LESS THAN 1% OF THE MUSEUM'S TOTAL PORTFOLIO IS INVESTED WITH MR. SOKOLOFF'S FIRM.FEES ARE BASED ON A PERCENTAGE OF ASSETS UNDER INVESTMENT MANAGEMENT AND AN INCENTIVE FEE BASED ON THE INVESTMENT PERFORMANCE.	Yes (1)

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	141	ContributionCnt
Method Of Determining Revenues	SEE PART II	MethodOfDeterminingRevenuesTxt

Art Fractional Interest ArtFractionalInterestGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	3	ContributionCnt
Method Of Determining Revenues	SEE PART II	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	24	ContributionCnt
Noncash Contributions Rpt F990	$9,829,614	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV OF AVG. STOCK VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	36	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 32B:

THE MUSEUM USES BROKERS TO SELL SECURITIES AND USES AUCTION HOUSES AND ART DEALERS TO SELL WORKS ON CONSIGNMENT.

PART I, LINE 33:

IN CONFORMITY WITH THE PRACTICES OF MANY MUSEUMS, ART OBJECTS PURCHASED 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 UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE EXCLUDED FROM THE FINANCIAL STATEMENTS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (17 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I & PART III LINE 1, DESCRIPTION OF ORGANIZATION MISSION:	TO SERVE THE PUBLIC THROUGH THE COLLECTION, CONSERVATION, EXHIBITION AND INTERPRETATION OF SIGNIFICANT WORKS OF ART FROM A BROAD RANGE OF CULTURES AND HISTORICAL PERIODS, AND THROUGH TRANSLATION OF THESE COLLECTIONS INTO MEANINGFUL EDUCATIONAL, AESTHETIC, INTELLECTUAL AND CULTURAL EXPERIENCES FOR THE WIDEST ARRAY OF AUDIENCES. THE LOS ANGELES COUNTY MUSEUM OF ART (THE "MUSEUM") IS THE PREMIER ENCYCLOPEDIC ART MUSEUM IN THE WESTERN UNITED STATES. THE MUSEUM'S COLLECTION OF MORE THAN 130,000 ARTWORKS FROM AROUND THE WORLD SPANS THE HISTORY OF ART, FROM ANCIENT TO CONTEMPORARY TIMES, INCLUDING ESPECIALLY STRONG COLLECTIONS OF ASIAN, LATIN AMERICAN, EUROPEAN, AND AMERICAN ART. THROUGH ITS VARIED COLLECTIONS, THE MUSEUM IS BOTH A RESOURCE TO AND A REFLECTION OF THE MANY CULTURAL COMMUNITIES AND HERITAGES IN SOUTHERN CALIFORNIA AND THROUGHOUT THE WORLD. THIS FISCAL YEAR, THE MUSEUM PRESENTED 31 EXHIBITIONS AND PERMANENT COLLECTION INSTALLATIONS, ACQUIRED 3,105 NEW WORKS OF ART, PROVIDED PROGRAMS FOR 84,592 SCHOOL CHILDREN. TOTAL ATTENDANCE AT THE MUSEUM WAS 1,407,405.
FORM 990, PART 1, LINE 8:	THE DECREASE IN CONTRIBUTIONS FROM FISCAL YEAR END 06/30/15 TO FISCAL YEAR END 06/30/16 IS ATTRIBUTABLE TO THE FACT THAT LACMA COMPLETED ITS MOMENTUM CAMPAIGN IN FISCAL YEAR END 06/30/15. A LARGE MULTIPLE-YEAR CORPORATE GIFT WAS ALSO RECOGNIZED IN FISCAL YEAR END 06/30/15.
FORM 990, PART I, LINE 19:	WHILE REVENUE LESS EXPENSES FOR LINE 19 READS AS A DEFICIT OF $25,800,428, THE MUSEUM'S CASH FLOWS WERE ACTUALLY CONSIDERABLY BETTER THAN THIS, SINCE THIS NUMBER REFLECTS $12,964,789 OF BOND INTEREST AND FEES, WHICH WERE MORE THAN COVERED BY CASH PAYMENTS ON OUTSTANDING GIFT PLEDGES RECOGNIZED AS REVENUE IN OTHER YEARS, AND $8,675,718 OF DEPRECIATION EXPENSE AND BOND AMORTIZATION COSTS WHICH ARE NON-CASH ACCOUNTING CHARGES. IT ALSO REFLECTS $7,740,969 OF ARCHITECTURAL AND OTHER CONSULTANT EXPENSES FOR THE PLANNING STAGE OF A NEW MUSEUM FACILITY, FOR WHICH FUNDS HAD BEEN PROVIDED TO THE MUSEUM BUT NOT RECOGNIZED AS REVENUE IN THIS FISCAL YEAR. ADJUSTING FOR THESE ITEMS, LINE 19 WOULD SHOW A SURPLUS OF $3,311,048.
FORM 990, PART VI, SECTION A, LINE 1	THE MUSEUM'S BYLAWS ESTABLISH AN EXECUTIVE COMMITTEE AS ONE OF ITS STANDING COMMITTEES ELECTED ANNUALLY BY THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT, BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, ON BEHALF OF THE BOARD OF TRUSTEES, SUBJECT TO CERTAIN EXCEPTIONS, INCLUDING THOSE SET FORTH IN APPLICABLE STATE LAW. THE SCOPE OF THE COMMITTEE'S AUTHORITY, INCLUDING THE EXCEPTIONS THERETO, IS SET FORTH IN THE BYLAWS OF THE MUSEUM, WHICH ARE PUBLISHED ON THE MUSEUM'S WEBSITE. THE COMMITTEE IS COMPRISED OF THE CO-CHAIRS OF THE BOARD, THE CHAIRS OF EACH STANDING COMMITTEE OF THE BOARD AND OTHER TRUSTEES ELECTED BY THE BOARD. ALL MEMBERS OF THE COMMITTEE ARE VOTING TRUSTEES.
FORM 990, PART VI, SECTION A, LINE 4	DURING FISCAL YEAR END 06/30/16, THE ORGANIZATION AMENDED ITS BYLAWS. AMENDMENTS CONSIST OF THE FOLLOWING SIGNIFICANT CHANGES: -ADDING "SERVICE ON COMMITTEES" AS AN EVALUATION CRITERIA TO BE USED BY THE COMMITTEE ON TRUSTEES FOR RE-NOMINATION OF TRUSTEES TO THE BOARD (ARTICLE IV, SECTIONS 2 AND 14(J)), -CLARIFYING AND PROVIDING FLEXIBILITY IN THE PROCESS FOR SCHEDULING AND GIVING NOTICE OF THE ANNUAL AND REGULAR MEETINGS OF THE BOARD (ARTICLE IV, SECTIONS 8 AND 9) -RENAMING THE "DEVELOPMENT/CAMPAIGN STEERING/MAJOR GIFTS COMMITTEE" THE "DEVELOPMENT COMMITTEE," (ARTICLE IV, SECTION 14) -CLARIFICATION OF THE PROCESS FOR, AND AUTHORITY TO, DESIGNATE NEW STANDING AND AD HOC COMMITTEES, ELECT COMMITTEE MEMBERS AND SELECT COMMITTEE CHAIRS, AND IN PARTICULAR THE ROLE OF THE COMMITTEE ON TRUSTEES IN PRESENTING THE SLATE FOR COMMITTEES TO THE BOARD (ARTICLE IV, SECTION 14) -CLARIFYING, IN LINE WITH CURRENT PRACTICE, WHO CAN SERVE ON STANDING AND AD HOC COMMITTEES, AND ON ANY SUBCOMMITTEES: VOTING TRUSTEES; NON-TRUSTEES WHO CAN BE FULL, VOTING MEMBERS OF CERTAIN COMMITTEES AND SUBCOMMITTEES; AND NON-TRUSTEES WHO CAN PARTICIPATE ON COMMITTEES IN A NON-VOTING CAPACITY BECAUSE THEY BRING SPECIAL EXPERTISE TO THE WORK OF SUCH COMMITTEES. THE AMENDMENTS TO THE BYLAWS CLARIFY THAT ALL SUCH MEMBERS AND NON-VOTING PARTICIPANTS MUST BE NOMINATED BY THE COMMITTEE ON TRUSTEES AND APPROVED BY THE BOARD (ARTICLE IV, SECTION 14) -REDUCING THE QUORUM FOR THE EXECUTIVE COMMITTEE AND PROVIDING THAT CHAIR(S) OF STANDING COMMITTEES SERVE ON THE EXECUTIVE COMMITTEE (ARTICLE IV, SECTION 14) -CHANGING THE SECTION ON OFFICERS (ARTICLE V) TO REFLECT OUR CURRENT STRUCTURE (E.G., CO-CHAIRS OF THE BOARD; WHICH OFFICES ARE MANDATORY AND WHICH ARE NOT, INCLUDING THE OFFICE OF PRESIDENT/COO, ETC.). -ADDING LANGUAGE CLARIFYING THE CURRENT (BEST) PRACTICE: THAT THE CHIEF FINANCIAL OFFICER, WHILE REPORTING DIRECTLY OR INDIRECTLY TO THE DIRECTOR/CEO, WILL HAVE DIRECT ACCESS TO REPORT TO THE CHAIR(S) OF THE AUDIT AND FINANCE COMMITTEES (ARTICLE V, SECTION 10).
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS REVIEWED BY OUTSIDE TAX ACCOUNTANTS AND REVIEWED AND APPROVED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. ONCE APPROVED BY THE AUDIT COMMITTEE, THE AUDIT COMMITTEE REPORTS TO THE FULL BOARD OF TRUSTEES AND THE RETURN IS MADE AVAILABLE TO THE REST OF THE BOARD BEFORE IT IS ELECTRONICALLY FILED.
FORM 990, PART VI, SECTION B, LINE 12C	THE CHAIRMAN OF THE AUDIT COMMITTEE SENDS AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM TO EACH TRUSTEE, AND, WITH THE OFFICE OF GENERAL COUNSEL, MONITORS RESPONSES AND FOLLOWS UP WITH TRUSTEES TO ACHIEVE AS HIGH A RESPONSE RATE AS POSSIBLE. THE OFFICE OF GENERAL COUNSEL REVIEWS THESE FORMS AND REPORTS SIGNIFICANT CONFLICTS TO THE AUDIT COMMITTEE, WHICH REVIEWS ANY SPECIFIC TRANSACTIONS THAT MIGHT INVOLVE A CONFLICT OF INTEREST WITH A TRUSTEE. THE DIRECTOR OF THE MUSEUM SENDS OFFICERS, KEY EMPLOYEES, AND OTHERS CONFLICT OF INTEREST FORMS, WHICH THEY ARE ASKED TO COMPLETE AND RETURN TO THE GENERAL COUNSEL, WHO REVIEWS SUCH FORMS FOR POSSIBLE CONFLICTS AND MONITORS COMPLIANCE WITH LACMA'S ETHICS POLICY INCLUDING THE CONFLICT OF INTEREST POLICIES CONTAINED IN THE ETHICS POLICY.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION OF THE CEO AND DIRECTOR OF LACMA IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WITH THE PARAMETERS ESTABLISHED BY THE EMPLOYMENT AGREEMENT ENTERED INTO BY LACMA AND THE CEO AND DIRECTOR IN 2010. THE DIRECTOR ANNUALLY DETERMINES THE COMPENSATION OF EACH OF THE OTHER OFFICERS AND KEY EMPLOYEES. IN EACH CASE, THE COMPENSATION IS BASED ON (1) THE EMPLOYEE'S PERFORMANCE DURING THE PRIOR YEAR; (2) THE CONTEXT OF LACMA'S OVERALL OPERATING BUDGET; AND (3) COMPARABILITY DATA FOR PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS. SUCH COMPARABILITY DATA IS GENERALLY PREPARED BY SENIOR MANAGEMENT, INCLUDING THE CHIEF FINANCIAL OFFICER AND THE DIRECTOR OF HUMAN RESOURCES AND INCLUDES A REVIEW OF PUBLICLY FILED FORMS 990 OF OTHER INSTITUTIONS. ONCE COMPENSATION OF THE CEO IS APPROVED BY THE EXECUTIVE COMMITTEE, BASED ON THE INFORMATION AND COMPARABILITY DATA DESCRIBED ABOVE, THE EXECUTIVE COMMITTEE'S RECOMMENDATION, AS WELL AS THE PROPOSED COMPENSATION FOR ALL OTHER OFFICERS AND KEY EMPLOYEES, THE UNDERLYING DATA, INCLUDING THE PERFORMANCE REVIEWS AND COMPARABILITY ANALYSES, ARE PRESENTED TO THE AUDIT COMMITTEE, TO DETERMINE WHETHER, IN THE AUDIT COMMITTEE'S JUDGMENT, SUCH PROPOSED COMPENSATION IS APPROPRIATE, FAIR AND REASONABLE TO LACMA. THE FINAL RECOMMENDATION OF THE EXECUTIVE COMMITTEE AND AUDIT COMMITTEE IS REPORTED TO THE FULL BOARD OF TRUSTEES AT ITS NEXT REGULARLY SCHEDULED MEETING AND SUBMITTED TO THE FULL BOARD FOR APPROVAL. ALL MEMBERS OF THE AUDIT COMMITTEE ARE INDEPENDENT TRUSTEES OF LACMA. NOTE THAT LACMA DOES NOT HAVE A SEPARATE "COMPENSATION COMMITTEE;" THE AUDIT COMMITTEE FUNCTIONS AS THE COMPENSATION COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19	ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, INFORMATIONAL RETURNS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON THE MUSEUM'S WEBSITE.
PART VII, SECTION A & SCHEDULE J, PART II	ALTHOUGH THE COUNTY OF LOS ANGELES IS NOT A "RELATED ORGANIZATION", COMPENSATION PAID BY THE COUNTY OF LOS ANGELES TO CERTAIN OFFICERS AND EMPLOYEES OF THE MUSEUM LISTED IN PART VII AND SCHEDULE J, AND IS INCLUDED IN THE INTEREST OF TRANSPARENCY AND FULL DISCLOSURE.
FORM 990, PART VIII, LINE 7A:	PROCEEDS FROM SALE OF SECURITIES: LACMA HAS INVESTMENT ACCOUNTS AND HEDGE FUNDS WITH MANY STOCK TRANSACTIONS. DUE TO THE LARGE QUANTITY OF STOCK TRANSACTIONS, THIS INFORMATION IS NOT INCLUDED IN THE RETURN.
FORM 990, PART IX, LINE 11G	SECURITY: PROGRAM SERVICE EXPENSES 6,240,082. MANAGEMENT AND GENERAL EXPENSES 5,045. FUNDRAISING EXPENSES 2,578. TOTAL EXPENSES 6,247,705. CONTRACTOR: PROGRAM SERVICE EXPENSES 1,980,845. MANAGEMENT AND GENERAL EXPENSES 883,131. FUNDRAISING EXPENSES 360. TOTAL EXPENSES 2,864,336. CONSULTANT: PROGRAM SERVICE EXPENSES 251,334. MANAGEMENT AND GENERAL EXPENSES 203,037. FUNDRAISING EXPENSES 103,383. TOTAL EXPENSES 557,754. CONSERVATION: PROGRAM SERVICE EXPENSES 227,309. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 227,309. PERFORMERS: PROGRAM SERVICE EXPENSES 201,460. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 201,460. ALL OTHER FEES FOR SERVICE: PROGRAM SERVICE EXPENSES 1,059,298. MANAGEMENT AND GENERAL EXPENSES 172,310. FUNDRAISING EXPENSES 192,603. TOTAL EXPENSES 1,424,211.
*NO INDIVIDUAL OTHER FEE FOR SERVICES CATEGORIES INCLUDED IN ALL OTHER	MISC. SERVICE FEES EXCEED $200,000.
FORM 990, PART X, LINE 2, 12, & 15:	ON THIS YEAR'S FORM 990, AN AMOUNT FOR "REVENUE BOND TRUST ACCOUNTS" FROM THE MUSEUM'S AUDITED FINANCIALS IS INCLUDED ON LINE 2. THIS ITEM HAD BEEN REPORTED ON LINE 15 IN PRIOR YEARS. IN THE PRIOR YEAR, THE PUBLICLY TRADES SECURITIES LINE INCLUDED OTHER SECURITIES.
FORM 990, PART X, LINE 25:	THE INCREASE IN OTHER LIABILITIES IS PRINCIPALLY TIED TO AN UNREALIZED DROP IN THE VALUE OF AN INTEREST RATE SWAP. THIS SWAP WILL SELF LIQUIDATE OVER THE DURATION OF MUSEUM DEBT AND THEREFORE DOES NOT REPRESENT AN IMMEDIATE NON-DISCRETIONARY CLAIM ON MUSEUM RESOURCES.
FORM 990, PART XI, LINE 9:	UNREALIZED GAINS (LOSSES) ON INTEREST RATE SWAP -31,627,600.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. THE MUSEUM PERIODICALLY CHANGES AUDIT FIRMS OR ROTATES PARTNERS WITHIN OUR CONTRACTED FIRM.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	CRT (2)	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5905 WILSHIRE BLVD	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90036	ZIPCd

Field	Value	IRS element (for citing)
Primary Activities	TRUST	PrimaryActivitiesTxt
Legal Domicile State	CA	LegalDomicileStateCd
Direct Controlling NA	N/A	DirectControllingNACd
Entity Type	T	EntityTypeTxt
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd