2013-05-15T15:08:06-05:00 2012-06-30 952302617 SINGERLEWAK LLP 10960 WILSHIRE BLVD STE 700 LOS ANGELES CA 900243783 990 2011-07-01 953433820 MUSEUM OF CONTEMPORARY ART MUSE 2136212766 250 S GRAND AVE LOS ANGELES CA 90012 MICHAEL HARRISON 2136212766 2013-05-14 1 NANAZ BENYAMINI P00666808 3104773924 2013-05-14 2011 2016-02-25 16:41:14Z MOCA MICHAEL HARRISON 250 S GRAND AVENUE LOS ANGELES CA 90012 37359953 0 X WWW.MOCA.ORG X 1979 CA THE MUSEUM OF CONTEMPORARY ART WAS FOUNDED IN 1979 TO COLLECT, EXHIBIT, INTERPRET, AND PRESERVE CONTEMPORARY ART FOR THE PUBLIC BENEFIT, TO ENHANCE ACCESSIBILITY, TO FURTHER PUBLIC UNDERSTANDING AND APPRECIATION OF CONTEMPORARY ART, AND TO ENCOURAGE ONGOING CREATIVE ACTIVITY. THE MUSEUM ORGANIZES DIVERSE EXHIBITIONS AND PROGRAMS TO ENHANCE PUBLIC KNOWLEDGE AND APPRECIATION OF THE ART OF OUR TIME. 41 40 218 115 0 -6740 14587926 14654691 1704574 1873444 617929 516861 912328 1405776 17822757 18450772 0 0 0 0 6922336 6800217 0 0 1313569 10584352 11669377 17506688 18469594 316069 -18822 40250914 39454860 2007559 2051706 38243355 37403154 X THE MUSEUM OF CONTEMPORARY ART WAS FOUNDED IN 1979 TO COLLECT, EXHIBIT, INTERPRET, AND PRESERVE CONTEMPORARY ART FOR THE PUBLIC BENEFIT, TO ENHANCE ACCESSIBILITY, TO FURTHER PUBLIC UNDERSTANDING AND APPRECIATION OF CONTEMPORARY ART, AND TO ENCOURAGE ONGOING CREATIVE ACTIVITY. THE MUSEUM ORGANIZES DIVERSE EXHIBITIONS AND PROGRAMS TO ENHANCE PUBLIC KNOWLEDGE AND APPRECIATION OF THE ART OF OUR TIME. 0 0 6891037 2397946 CURATORIAL AND EXHIBITION PROGRAMS: IN FISCAL YEAR 2012, MAJOR EXHIBITIONS OF WORKS FROM THE PERMANENT COLLECTION WERE COMPLEMENTED WITH EXHIBITIONS OF ANDY WARHOL, LYNDA BENGLIS, AND CAI GUO QIANG. THE MUSEUM PRESENTED THEMED EXHIBITIONS 'ART IN THE STREETS'; 'UNDER THE BIG BLACK SUN: CALIFORNIA ART 1974-1981'; 'ENDS OF THE EARTH: LAND ART TO 1974'; AND 'ABSTRACTION AFTER WARHOL'. 5002961 0 BUILDING OPERATIONS AND SECURITY: THE MOCA BUILDING, DESIGNED BY CELEBRATED JAPANESE ARCHITECT ARATA ISOZAKI, AND THE GEFFEN CONTEMPORARY BUILDING, SUBTLY RENOVATED BY RENOWNED CALIFORNIA ARCHITECT FRANK GEHRY, ARE MAINTAINED AND SECURED TO ENSURE THE MOST BENEFICIAL AND ENJOYABLE EXPERIENCE FOR THE VISITING PUBLIC. 1191424 17853 EDUCATION PROGRAMS: MOCA IS COMMITTED TO PROVIDING THE EDUCATION NECESSARY FOR A BETTER UNDERSTANDING OF CONTEMPORARY ART. THE MUSEUM'S EDUCATIONAL PROGRAMS RANGE FROM ONE-TIME EVENTS AT THE MUSEUM TO ONGOING PROGRAMS TAKING PLACE ACROSS LOS ANGELES. PROGRAMS "ART TALKS", "CONTEMPORARY ART START", "FOR FAMILIES", "FIRST VISIT AND BEYOND", AND FILM SERIES' AND SPECIAL EVENTS ARE ALL ADAPTED TO SUPPORT EACH CURRENT EXHIBITION. IN FISCAL 2012, OVER 29,600 PARTICIPANTS ENJOYED MOCA'S EDUCATION PROGRAMS. 945970 0 PUBLIC AFFAIRS/INFORMATION: A VARIETY OF PROMOTIONAL, ADVERTISING AND PUBLIC PROGRAMS WERE PRODUCED BY MOCA'S COMMUNICATIONS DEPARTMENT TO INFORM THE PUBLIC OF MOCA'S ACTIVITIES AND DISSEMINATE INFORMATION ABOUT CONTEMPORARY ART. 945970 14031392 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 1 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 1 188 0 1 218 1 1 1 0 0 0 0 1 1 0 0 0 0 X 41 40 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JAY MYRES 2136212766 250 SOUTH GRAND AVE LOS ANGELES CA 90012 MARIA ARENA BELL 1.00 X X 0 0 0 DAVID G JOHNSON 1.00 X X 0 0 0 FRED SANDS 1.00 X X 0 0 0 JEFFREY SOROS 1.00 X X 0 0 0 WALLIS ANNENBERG 1.00 X 0 0 0 JOHN BALDESSARI 1.00 X 0 0 0 PETER M BRANT 1.00 X 0 0 0 CHARLES S COHEN 1.00 X 0 0 0 STEVEN A COHEN 1.00 X 0 0 0 CHARLES L CONLAN II 1.00 X 0 0 0 KATHI CYPRES 1.00 X 0 0 0 LAURENT DEGRYSE 1.00 X 0 0 0 CLIFFORD J EINSTEIN 1.00 X 0 0 0 GIL FRIESEN 1.00 X 0 0 0 SUSAN GERSH 1.00 X 0 0 0 NANCY JANE GOLDSTON 1.00 X 0 0 0 RICHARD J GRAD 1.00 X 0 0 0 LAURENCE GRAFF 1.00 X 0 0 0 LILLY TARTIKOFF KARATZ 1.00 X 0 0 0 LAREN KING 1.00 X 0 0 0 BARBARA KRUGER 1.00 X 0 0 0 WONMI KWON 1.00 X 0 0 0 TIMOTHY LEIWEKE 1.00 X 0 0 0 DANIEL S LOEB 1.00 X 0 0 0 EUGENIO LOPEZ 1.00 X 0 0 0 LILLIAN P LOVELACE 1.00 X 0 0 0 NANCY MARKS 1.00 X 0 0 0 EDWARD MINSKOFF 1.00 X 0 0 0 STEVEN T MNUCHIN 1.00 X 0 0 0 PETER MORTON 1.00 X 0 0 0 CATHERINE OPIE 1.00 X 0 0 0 VICTOR PINCHUK 1.00 X 0 0 0 CAROLYN CLARK POWERS 1.00 X 0 0 0 DALLAS PRICE-VAN BREDA 1.00 X 0 0 0 STEVEN F ROTH 1.00 X 0 0 0 ED RUSCHA 1.00 X 0 0 0 DARREN STAR 1.00 X 0 0 0 JAMIE TISCH 1.00 X 0 0 0 ANTONIO VILLARAIGOSA 1.00 X 0 0 0 HERB WESSON 1.00 X 0 0 0 MICHAEL HARRISON 40.00 X 73725 0 2522 RICHARD WEIL 40.00 X 152461 0 4402 JEFFREY DEITCH 40.00 X X 908912 0 7465 DAVID M GALLIGAN 40.00 X X 263690 0 10770 PAUL SCHIMMEL 40.00 X 234243 0 16271 JAY MYRES 40.00 X 104122 0 11713 LYN WINTER 40.00 X 124511 0 6999 1861664 0 60142 6 0 1 0 ALONG CAME MARY 5265 W PICO BLVD LOS ANGELES CA 90024 CATERING 228129 THE CARPENTER 718 N GREENERRY AVE WEST COVINA CA 91790 EXHIBITION CONSTRUCTION 127380 COMMONWEALTH PROJECTS LLC 5017 EXPOSITION BLVD LOS ANGELES CA 90016 EXHIBITION PRODUCTION 125000 3 1067056 1805811 21250 11760574 10267 14654691 ADMISSIONS 900099 952669 952669 EXHIBITION FEES 900099 882512 882512 REPRODUCTION FEES 900099 20410 20410 EDUCATIONAL WORKSHOP F 900099 17853 17853 1873444 734320 734320 295 295 666934 0 666934 666934 666934 16056352 16273811 -217459 -217459 -217459 1922284 1805811 1922284 0 1248701 713086 535615 542355 -6740 MISCELLANEOUS INCOME 900099 186450 186450 CAFE INCOME 722210 16482 16482 202932 18450772 2415799 -6740 1387022 1512672 413558 1099114 4512885 3218383 763163 531339 382056 287580 56240 38236 392604 262566 91469 38569 8688 829 7859 88881 88881 92567 92567 916243 727175 91077 97991 188014 185837 2177 174225 139745 24367 10113 83684 31621 23669 28394 1570051 1568177 507 1367 225322 212325 8635 4362 3431 3431 11836 11836 987834 987834 458141 132796 325345 SECURITY 1740055 1714018 2768 23269 EXHIBITION SHIPPING 1512042 1397475 27046 87521 EXHIBITION EXPENSES 1509347 1509347 TRANSPORTATION 415634 348278 47261 20095 1683382 890417 360652 432313 18469594 14031392 3124633 1313569 6478804 7512109 833145 559107 4729249 3794391 459932 607633 1016291 782790 33374 163641 30151284 25383557 5755560 4767727 20925179 21248082 19380 19380 40250914 39454860 1726912 646799 171627 1337978 109020 66929 2007559 2051706 X -7780825 -7350697 7787629 6501667 38236551 38252184 38243355 37403154 40250914 39454860 X -18822 -821379 X 0 1 1 X 0 X 10976228 29479758 18646717 13682148 14654691 87439542 10976228 29479758 18646717 13682148 14654691 87439542 18492742 68946800 402676 114476 364858 607789 1401549 2891348 231954 110138 100406 112906 202932 758336 91089226 10364033 0.75690 0.77910 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: 2006 OTHER INCOME - $44,730 2006 RENTAL INCOME - $85,701 2007 OTHER INCOME - $231,954 2008 OTHER INCOME - $110,138 2009 OTHER INCOME - $100,406 2010 OTHER INCOME - $112,906 2011 OTHER INCOME - $202,932 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 256500 X X X X 1 19857712 15900 48423 19922035 18591456 497066 769190 19857712 14237670 4000000 353786 18591456 14238545 2858335 -2730551 -128659 14237670 0.00000 1.00000 0.00000 0 0 23826863 20111944 3714919 6110222 5080755 1029467 195032 171691 23341 19167 19167 0 4767727 18450772 18469594 -18822 -343982 -477397 -821379 -840201 18106790 -343982 -343982 18450772 0 18450772 18469594 0 18469594 0 18469594 PART III, LINE 1A: THE MUSEUM'S ART COLLECTION HAS BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION. THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION, WHICH CONFORMS TO THE PREDOMINANT PRACTICE FOLLOWED IN THE INDUSTRY. PURCHASED COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE NET ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE EXCLUDED FROM THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: THE MUSEUM'S ART COLLECTION IS MADE UP OF MORE THAN 6,000 CONTEMPORARY ART OBJECTS THAT ARE HELD FOR EXHIBITION AND VARIOUS OTHER PROGRAM ACTIVITIES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: AT JUNE 30, 2012, THE MUSEUM'S ENDOWMENT SUMMARIZED BY PURPOSE CONSISTS OF THE FOLLOWING: GENERAL ENDOWMENT 12,596,721 EDUCATION 2,654,159 EXHIBITIONS 4,018,086 ACQUISITIONS 653,068 TOTAL 19,922,035 AS OF JUNE 30, 2012, THE TOTAL OF THE MUSEUM'S PERMANENTLY RESTRICTED FUNDS WAS $38,252,184. THERE WAS $19,922,035 IN THE MUSEUM'S DESIGNATED ENDOWMENT PORTFOLIO (WHICH CONSISTS OF INVESTMENTS AND OTHER ASSETS), A DEFICIENCY OF $18,330,149. THE DEFICIENCY RESULTED FROM WITHDRAWALS FROM THE ENDOWMENT IN PRIOR YEARS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: EFFECTIVE JULY 1, 2009, THE MUSEUM ADOPTED FASB ASC TOPIC NO. 740, "UNCERTAINTY IN INCOME TAXES" ("ASC 740"). IN ACCORDANCE WITH ASC 740, 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. TO DATE, THE MUSEUM HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE MUSEUM RECOGNIZES POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. DURING THE YEAR ENDED JUNE 30, 2012, THE MUSEUM DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS. THE MUSEUM'S INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION FOR ALL TAX YEARS ENDED ON OR AFTER JUNE 30, 2008 WITH REGARD TO ALL TAX POSITIONS AND THE RESULTS REPORTED. PART XI, LINE 8 - OTHER ADJUSTMENTS: COLLECTION ITEMS PURCHASED, NOT CAPITALIZED -477,397. EUROPE 0 0 PROGRAM SERVICES TOURING EXHIBITION 180617 0 0 0 0 0 0 180617 0 180617 0 0 0 0 0 0 GALA 2448325 1040828 1407497 1407497 ART AUCTION 494840 414059 80781 80781 6 784930 350925 434005 434005 3728095 1805812 1922283 1922283 1922283 0 X X X X X X 0 0 0 0 0 0 0 0 0 RICHARD WEIL 152117 0 0 0 344 0 0 0 4402 0 156863 0 0 0 JEFFREY DEITCH 599288 0 300000 0 9624 0 0 0 7465 0 916377 0 0 0 DAVID M GALLIGAN 262886 0 0 0 804 0 0 0 10770 0 274460 0 0 0 PAUL SCHIMMEL 231977 0 0 0 2266 0 0 0 16271 0 250514 0 0 0 SUPPLEMENTAL INFORMATION PART III SCHEDULE J, PART II, LINE 2, COLUMN (II): JEFFREY DEITCH WAS PAID $300,000 AS A SIGNING/RE-LOCATION BONUS. CHARLES S COHEN TRUSTEE 575000 MOCA PROVIDES EXHIBITION PROGRAMMING AT THE GALLERY OF THE PACIFIC DESIGN CENTER (PDC). CHARLES S. COHEN IS THE PRESIDENT AND CEO OF COHEN BROTHERS REALTY CORPORATION, THE OWNERS AND MANAGERS OF PDC. 0 X 208 0 N/A X 1 10267 MARKET VALUE 0 1 1 THIRD PARTY USE: PART I, LINE 32B: AUCTION HOUSES/GALLERIES ARE CONTRACTED TO LIQUIDATE GIFTS OF ART NOT ACCESSIONED INTO THE PERMANENT COLLECTION OF THE MUSEUM AND A STOCK BROKER IS CONTRACTED TO LIQUIDATE STOCK. NON REPORTING OF REVENUE: PART I, LINE 33: THE MUSEUM'S ART COLLECTION HAS BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION. THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION, WHICH CONFORMS TO THE PREDOMINANT PRACTICE FOLLOWED IN THE INDUSTRY. PURCHASED COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE NET ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE EXCLUDED FROM THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEE SUSAN GERSH IS THE DAUGHTER-IN-LAW OF LIFE TRUSTEE BEA GERSH. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WAS REVIEWED BY THE CFO. ONCE APPROVED BY THE CFO, THE FORM WAS THEN DISTRIBUTED TO THE REST OF THE BOARD PRIOR TO BEING ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE ADDRESSED IN THE MUSEUM'S STATEMENT OF ETHICAL PRINCIPLES. EACH SERVING TRUSTEE, OFFICER AND MEMBER OF SENIOR STAFF IS REQUIRED TO REVIEW ANNUALLY THE RULES AND PROCEDURES OF THE ETHICS COMMITTEE AND THE STATEMENT OF ETHICAL PRINCIPLES, AND THEN SUBMIT A COMPLETED MEMORANDUM OF DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 WHEN A CEO/EXECUTIVE DIRECTOR IS HIRED, AN EXECUTIVE SEARCH FIRM IS RETAINED TO FIND/IDENTIFY SUITABLE CANDIDATES. AS PART OF THIS PROCESS, A COMPENSATION STUDY IS PERFORMED TO DETERMINE THE POSSIBLE COMPENSATION RANGE FOR CANDIDATES. THIS COMPENSATION STUDY IS COMPLETED WITH INPUT FROM MANY SOURCES, INCLUDING OTHER INSTITUTIONS' FORM 990. A WRITTEN EMPLOYMENT CONTRACT IS PREPARED FOR THE PROPOSED NEW HIRE; THE FULL BOARD MUST VOTE ON THE CANDIDATE (AND CONTRACT) PRIOR TO THE FINALIZATION OF THE HIRING PROCESS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORMS 1023 AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 CAN ALSO BE ACCESSED THROUGH WWW.GUIDESTAR.ORG, A PUBLIC WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -343,982. COLLECTION ITEMS PURCHASED, NOT CAPITALIZED -477,397. TOTAL TO FORM 990, PART XI, LINE 5: -821,379. MOCA TV LLC 250 SOUTH GRAND AVENUE LOS ANGELES CA 90012 900776531 ENTERTAINMENT CA 0 1171496 MUSEUM OF CONTEMPORARY ART