MUSEUM ASSOCIATES: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MUSEUM ASSOCIATES (EIN 95-2264067)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-27
- IRS object ID
- 201230879349300798
- Schema version
- 2010v3.4
- 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 K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-27T18:01:59-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SINGERLEWAK LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10960 WILSHIRE BLVD STE 700 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900243783 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952264067 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSEUM ASSOCIATES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MUSE | NameControl |
| Phone | 3238576142 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5905 WILSHIRE BLVD | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90036 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANN ROWLAND | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 3238576142 | Phone |
| Date Signed | 2012-03-21 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LIOR TEMKIN | Name |
| Phone | 3104773924 | Phone |
| Date Prepared | 2012-03-21 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOS ANGELES COUNTY MUSEUM OF ART (LA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ANN ROWLAND | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5905 WILSHIRE BLVD | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 80144703 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LACMA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1938 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE OTO 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 100,000 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 52 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 51 | NbrIndependentVotingMembers |
| Total Nbr Employees | 401 | TotalNbrEmployees |
| Total Nbr Volunteers | 527 | TotalNbrVolunteers |
| Total Gross UBI | 453460 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 40952868 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 37434663 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 32774453 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 33563803 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3325723 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2949245 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1768219 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2228384 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 78821263 | TotalRevenuePriorYear |
| Total Revenue Current Year | 76176095 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9500 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 23496498 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 24098004 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3369993 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 57880532 | OtherExpensePriorYear |
| Other Expenses Current Year | 78806663 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 81377030 | TotalExpensesPriorYear |
| Total Expenses Current Year | 102914167 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2555767 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -26738072 | RevenuesLessExpensesCY |
| Total Assets BOY | 741509602 | TotalAssetsBOY |
| Total Assets EOY | 731534508 | TotalAssetsEOY |
| Total Liabilities BOY | 451336207 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 431343170 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 290173395 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 300191338 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THIS FISCAL YEAR, THE MUSEUM MOUNTED 39 EXHIBITIONS AND PERMANENT COLLECTION INSTALLATIONS, ACQUIRED 5,125 NEW WORKS OF ART, PROVIDED PROGRAMS FOR 76,063 SCHOOL CHILDREN, AND MADE CONTINUED PROGRESS ON ENHANCING THE PHYSICAL CAMPUS, INCLUDING COMPLETION OF CONSTRUCTION OF THE NEW RAY'S AND STARK BAR RESTAURANT AND OTHER IMPROVEMENTS TO THE BP GRAND ENTRANCE TO ENHANCE THE MUSEUM'S ROLE AS A PUBLIC SQUARE FOR LOS ANGELES. TOTAL ATTENDANCE AT THE MUSEUM WAS 950,015. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 31252668 | Expense |
| Revenue | 756373 | Revenue |
| Description | EXHIBITION, CURATORIAL, CONSERVATION & ART PROGRAMSLACMA PRESENTED 16 SPECIAL EXHIBITIONS AND 23 INSTALLATIONS IN FISCAL 2010-2011, 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 100,000 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 24276281 | Expense |
| Revenue | 0 | Revenue |
| Description | FACILITY ENHANCEMENTDURING THE FISCAL YEAR 2010-2011, WORK INCLUDED FINAL TOUCHES TO THE LINDA AND STEWART RESNICK EXHIBITION PAVILION, CONSTRUCTION OF RAY'S AND THE STARK BAR AND PRELIMINARY WORK ON MICHAEL HEIZER'S "LEVITATED MASS." | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 18302074 | Expense |
| Revenue | 490896 | Revenue |
| Description | ART ACQUISITIONSWORKS OF ART IN ALL MEDIA, FROM EVERY HISTORICAL PERIOD, AND FROM EVERY CORNER OF THE GLOBE ARE PURCHASED TO ENHANCE THE MUSEUM'S PERMANENT COLLECTION. SUCH ADDITIONS CONTRIBUTE TO THE MUSEUM'S GOAL OF COLLECTING SIGNIFICANT WORKS OF ART FROM A BROAD RANGE OF CULTURES AND ERAS. EXPENSES REFLECT FUNDS PAID BY THE MUSEUM FOR THE ACQUISITION OF ARTWORK DURING THE YEAR, BUT DO NOT REFLECT THE VALUE OF GIFTS OF ART. REVENUES REPRESENT THE PROCEEDS OF DEACCESSIONS FROM THE PERMANENT COLLECTION RECEIVED DURING THE FISCAL YEAR, WHICH, IN ACCORDANCE WITH MUSEUM POLICY, ARE RESTRICTED FOR THE FUTURE ACQUISITION OF ARTWORKS. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 16897937 | Expense |
| Revenue | 33506310 | Revenue |
| Description | IT IS A MUSEUM GOAL TO CONTINUOUSLY EXPAND AND SERVE AUDIENCES OF ALL AGES, ETHNICITIES AND SOCIO-ECONOMIC BACKGROUNDS BOTH ON-SITE AND OFF-SITE BY CREATING WELCOMING AND USER-FRIENDLY ENVIRONMENTS AND PROGRAMS. THIS IS ACCOMPLISHED THROUGH A VARIETY OF MEANS, INCLUDING THE MUSEUM MAGAZINE, MUSEUM WEBSITE, SPECIAL EVENTS, PROMOTIONAL CAMPAIGNS, AND ON-SITE STAFF PROVIDING SERVICE TO THE PUBLIC. ANOTHER MUSEUM GOAL IS TO EXTEND THE MUSEUM EXPERIENCE IN THE FULLEST POSSIBLE WAY TO THE WIDEST POSSIBLE AUDIENCE, BOTH PRESENT AND FUTURE. TO ACHIEVE THIS GOAL, THE MUSEUM OFFERS MANY EDUCATIONAL OUTREACH PROGRAMS, SUCH AS 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. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 16897937 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 33506310 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 90728960 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 412 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 401 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 52 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 51 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN ROWLAND CHIEF FINANCIAL OFFICE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3238576142 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5906 WILSHIRE BLVD | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90036 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (64 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| ANDREW GORDON | ||||||||
| CO-CHAIR OF THE BOARD | 0.50 | X | X | 0 | 0 | 0 | ||
| TERRY SEMEL | ||||||||
| CO-CHAIR OF THE BOARD | 0.50 | X | X | 0 | 0 | 0 | ||
| WILLIAM H AHMANSON | ||||||||
| VICE CHAIR | 0.50 | X | X | 0 | 0 | 0 | ||
| ROBERT KOTICK | ||||||||
| VICE CHAIR | 0.50 | X | X | 0 | 0 | 0 | ||
| LYNDA RESNICK | ||||||||
| VICE CHAIR | 0.50 | X | X | 0 | 0 | 0 | ||
| WALLIS ANNENBERG | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| FRANK E BAXTER | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| WILLOW BAY | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| COLLEEN BELL | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| WILLIAM J BELL JR | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| REBECKA BELLDEGRUN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| NICOLAS BERGGRUEN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| DAVID C BOHNETT | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| SUZANNE DEAL BOOTH | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| BRIGITTE BREN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| GABRIEL BRENER | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| EVA CHOW | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ANN COLGIN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| KELLY DAY | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| JOSHUA S FRIEDMAN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| CAMILLA CHANDLER FROST | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| GABRIELA GARZA | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| TOM GORES | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| BRIAN GRAZER | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| GHADA IRANI | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| VICTORIA JACKSON | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| SUZANNE KAYNE | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ROBERT LOOKER | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| MICHAEL LYNTON | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ROBERT F MAGUIRE III | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| JAMIE MCCOURT | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| RICHARD MERKIN MD | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| WENDY STARK MORRISSEY | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| JANE NATHANSON | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| PETER NORTON | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| GEOFFREY PALMER | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| VIVECA PAULIN-FERRELL | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ANTHONY N PRITZKER | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| JANET DREISEN REPPAPORT | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| TONY RESSLER | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| EDWARD P ROSKI JR | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| STEVEN F ROTH | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| CAROLE BAYER SAGER | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| FLORENCE SLOAN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ERIC SMIDT | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| MICHAEL G SMOOKE | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| BARBRA STREISAND | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| SANDRA W TERNER | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| STEVE TISCH | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| CASEY WASSERMAN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ELAINE WYNN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| DASHA ZHUKOVA | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| MICHAEL GOVAN | ||||||||
| CEO & WALLIS ANNENBERG DIR | 40.00 | X | 996215 | 151896 | 201298 | |||
| MELODY KANSCHAT | ||||||||
| PRESIDENT AND COO | 40.00 | X | 375000 | 0 | 187312 | |||
| FRED GOLDSTEIN | ||||||||
| VP, SEC'Y AND GENERAL COUN | 40.00 | X | 268724 | 0 | 45310 | |||
| ANN ROWLAND | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | X | 51516 | 135814 | 75997 | |||
| THERESA MORELLO | ||||||||
| VICE PRESIDENT OF DEVELOPM | 40.00 | 212813 | 0 | 36507 | X | |||
| NANCY THOMAS | ||||||||
| DEPUTY DIR. ART ADMIN. | 40.00 | 89333 | 113376 | 61623 | X | |||
| MARK MITCHELL | ||||||||
| BUDGET AND INVESTMENT OFFI | 40.00 | 175532 | 0 | 26022 | X | |||
| PETER BODELL | ||||||||
| CHIEF INFORMATION OFFICER | 40.00 | 183187 | 0 | 39498 | X | |||
| JOHN BOWSHER | ||||||||
| DIR. OF ART INSTALLATIONS | 40.00 | 162971 | 0 | 25126 | X | |||
| MELISSA BOMES | ||||||||
| ASSOCIATE VP OF DEVELOPMEN | 40.00 | 157911 | 0 | 13068 | X | |||
| ALVARO VASQUEZ | ||||||||
| ASSOCIATE VP OF MEMBERSHIP | 40.00 | 151783 | 0 | 24410 | X | |||
| MARK GILBERG | ||||||||
| DIRECTOR OF CONSERVATION | 40.00 | 151968 | 0 | 37039 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2976953 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 401086 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 773210 | TotalOtherCompensation |
| Number Individuals GT100 K | 25 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MATT CONSTRUCTION | |||||
| 9814 NORWALK BLVD STE 100 | SANTA FE SPRINGS | CA | 90670 | CONSTRUCTION | 20533819 |
| ALLIED BARTON SECURITY SERVICES | |||||
| EIGHT TOWER BRIDGE 161 WASHINGTON | CONSHOHOCKEN | PA | 19428 | SECURITY AND PROTECTIVE SERVICES | 4613962 |
| J BEN BOURGOISE PRODUCTIONS | |||||
| 512 N LARCHMONT BLVD | LOS ANGELES | CA | 90004 | EVENT PRODUCTION | 2885486 |
| PATINA RESTAURANT GROUP LLC | |||||
| 1150 S OLIVE ST SUITE TG25 | LOS ANGELES | CA | 90015 | CATERING | 1370137 |
| AMERICAN LANDSCAPE INC | |||||
| 7013 OWENSMOUTH AVENUE | CANOGA PARK | CA | 91304 | INSTALLATION & MAINTENANCE | 1026551 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 46 | NumberOfContractorsGT100K |
| Membership Dues | 7556361 | MembershipDues |
| Fundraising Events | 900523 | FundraisingEvents |
| Government Grants | 5484127 | GovernmentGrants |
| All Other Contributions | 23493652 | AllOtherContributions |
| Noncash Contributions | 955653 | NoncashContributions |
| Total Contributions | 37434663 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| COUNTY OPERATING CONTR | 900099 | 27683000 | 27683000 |
| ADMISSIONS | 900099 | 3180742 | 3180742 |
| EXHIBITION REVENUE | 900099 | 756373 | 756373 |
| PARKING REVENUE | 900099 | 543784 | 543784 |
| COLLECTION ITEMS SOLD | 900099 | 490896 | 490896 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 909008 | TotalRevenueColumn |
| Related Or Exempt Function Income | 909008 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 33563803 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1861893 | TotalRevenueColumn |
| Unrelated Business Revenue | 9728 | UnrelatedBusinessRevenue |
| Exclusion | $1,852,165 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 457939 | TotalRevenueColumn |
| Exclusion | $457,939 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 55907 | TotalRevenueColumn |
| Exclusion | $55,907 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 629413 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 629413 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 629413 | TotalRevenueColumn |
| Exclusion | $629,413 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 2747597 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 900523 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 2747597 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 2410788 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1221011 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1189777 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1189777 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| ART RENTAL & SALES GAL | 532000 | 443732 | 443732 | |
| FACILITY USE FEE | 900099 | 250530 | $250,530 | |
| CAFE REVENUE | 900099 | 175087 | $175,087 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 113351 | TotalRevenueColumn |
| Exclusion | $113,351 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 982700 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 76176095 | TotalRevenueColumn |
| Related Or Exempt Function Income | 34753580 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 453460 | UnrelatedBusinessRevenue |
| Exclusion | $3,534,392 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9500 | Total |
| Program Services | 9500 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2664926 | Total |
| Program Services | 1206368 | ProgramServices |
| Management And General | 729007 | ManagementAndGeneral |
| Fundraising | 729551 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17042576 | Total |
| Program Services | 12983731 | ProgramServices |
| Management And General | 2781300 | ManagementAndGeneral |
| Fundraising | 1277545 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1780448 | Total |
| Program Services | 1245244 | ProgramServices |
| Management And General | 438255 | ManagementAndGeneral |
| Fundraising | 96949 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1258672 | Total |
| Program Services | 836981 | ProgramServices |
| Management And General | 332140 | ManagementAndGeneral |
| Fundraising | 89551 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1351382 | Total |
| Program Services | 954585 | ProgramServices |
| Management And General | 295068 | ManagementAndGeneral |
| Fundraising | 101729 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129894 | Total |
| Program Services | 25430 | ProgramServices |
| Management And General | 102964 | ManagementAndGeneral |
| Fundraising | 1500 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 116896 | Total |
| Program Services | 1460 | ProgramServices |
| Management And General | 115436 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 673720 | Total |
| Management And General | 673720 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11132084 | Total |
| Program Services | 10004571 | ProgramServices |
| Management And General | 1009412 | ManagementAndGeneral |
| Fundraising | 118101 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1034282 | Total |
| Program Services | 1030281 | ProgramServices |
| Management And General | 4001 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5071261 | Total |
| Program Services | 3950592 | ProgramServices |
| Management And General | 670033 | ManagementAndGeneral |
| Fundraising | 450636 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2312386 | Total |
| Program Services | 1566390 | ProgramServices |
| Management And General | 574318 | ManagementAndGeneral |
| Fundraising | 171678 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68968 | Total |
| Program Services | 68968 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3437821 | Total |
| Program Services | 2968271 | ProgramServices |
| Management And General | 437324 | ManagementAndGeneral |
| Fundraising | 32226 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1289079 | Total |
| Program Services | 1135845 | ProgramServices |
| Management And General | 130509 | ManagementAndGeneral |
| Fundraising | 22725 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16406530 | Total |
| Program Services | 16406530 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7507316 | Total |
| Program Services | 7435743 | ProgramServices |
| Management And General | 71573 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1712073 | Total |
| Program Services | 1699549 | ProgramServices |
| Management And General | 7845 | ManagementAndGeneral |
| Fundraising | 4679 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| ART ACQUISITION | 18302074 | 18302074 | 0 | 0 |
| ART INSTAL. & PUB. MAT. | 3648314 | 3648314 | 0 | 0 |
| REMOTE ART OBJECTS | 1879000 | 1879000 | 0 | 0 |
| HOSPITALITY | 1578222 | 1272421 | 45159 | 260642 |
| EQUIPMENT PURCHASE | 496203 | 413384 | 81970 | 849 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2010540 | Total |
| Program Services | 1683728 | ProgramServices |
| Management And General | 315180 | ManagementAndGeneral |
| Fundraising | 11632 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102914167 | Total |
| Program Services | 90728960 | ProgramServices |
| Management And General | 8815214 | ManagementAndGeneral |
| Fundraising | 3369993 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28602532 | BOY |
| EOY | 15288830 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113835320 | BOY |
| EOY | 95049771 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1832699 | BOY |
| EOY | 2513997 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1205376 | BOY |
| EOY | 1614031 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1356680 | BOY |
| EOY | 581395 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 348875942 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 28227115 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 314168921 | BOY |
| EOY | 320648827 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 199544622 | BOY |
| EOY | 231001487 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80963452 | BOY |
| EOY | 64836170 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 741509602 | BOY |
| EOY | 731534508 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11683001 | BOY |
| EOY | 5827674 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1724306 | BOY |
| EOY | 2084772 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 383000000 | BOY |
| EOY | 383000000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7500000 | BOY |
| EOY | 3000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47428900 | BOY |
| EOY | 37430724 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 451336207 | BOY |
| EOY | 431343170 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116281027 | BOY |
| EOY | 137177031 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 151913103 | BOY |
| EOY | 141026788 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21979265 | BOY |
| EOY | 21987519 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 290173395 | BOY |
| EOY | 300191338 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 741509602 | BOY |
| EOY | 731534508 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -26738072 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 36756015 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 94522304 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 135804657 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 42565858 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 40952868 | CurrentTaxYearMinus1Year |
| Current Tax Year | 37436219 | CurrentTaxYear |
| Total | 351281906 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 94522304 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 135804657 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 42565858 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 40952868 | CurrentTaxYearMinus1Year |
| Current Tax Year | 37436219 | CurrentTaxYear |
| Total | 351281906 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 37364025 | AmountsSubstContributorsTotal |
| Public Support Total170 | 313917881 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5952094 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9925791 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4696222 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3381162 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2995424 | CurrentTaxYear |
| Total | 26950693 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 155078 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 54642 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 34054 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | -13087 | CurrentTaxYearMinus1Year |
| Total | 230687 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 928064 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 686379 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 339786 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 291967 | CurrentTaxYearMinus1Year |
| Current Tax Year | 538968 | CurrentTaxYear |
| Total | 2785164 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 381248450 | TotalSupport |
| Gross Receipts From Admissions Etc | 135788708 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.82340 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.79510 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CAFETERIA COMMISSIONED PRINTS DWP ENERGY REBATE FACILITY USE FEE INSURANCE CLAIM REV. OTHER REVENUE PATRON PARKING CAFE REVENUE | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 5217 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 5217 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 102908950 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 102914167 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 30303 | CurrentYearMinus3 |
| Current Year Minus2 | 936875 | CurrentYearMinus2 |
| Current Year Minus1 | 6911 | CurrentYearMinus1 |
| Current Year | 5217 | CurrentYear |
| Total | 979306 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 1000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmount |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART IV, SUPPLEMENTAL INFORMATION: | Identifier |
| Explanation | SCHEDULE C, PART II-A, LINE 1B THE MUSEUM'S GENERAL COUNSEL AND THE MUSEUM'S PRESIDENT PROVIDED COMMENTS ON LEGISLATION PENDING IN FEDERAL AND STATE LEGISLATIVE BODIES THAT WOULD DIRECTLY AFFECT THE MUSEUM. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | PUBLIC EDUCATION | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 106777939 | BeginningOfYearBalance |
| Contributions | 8254 | Contributions |
| Investment Earnings Or Losses | 17012210 | InvestmentEarningsOrLosses |
| Other Expenditures | 5923058 | OtherExpenditures |
| End Of Year Balance | 117875345 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 99571155 | BeginningOfYearBalance |
| Contributions | 17948 | Contributions |
| Investment Earnings Or Losses | 14057814 | InvestmentEarningsOrLosses |
| Other Expenditures | 6868978 | OtherExpenditures |
| End Of Year Balance | 106777939 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 148060293 | BeginningOfYearBalance |
| Contributions | 37200 | Contributions |
| Investment Earnings Or Losses | -41522387 | InvestmentEarningsOrLosses |
| Other Expenditures | 7003951 | OtherExpenditures |
| End Of Year Balance | 99571155 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.48700 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.18700 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.32700 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 36143953 | OtherCostOrOtherBasis |
| Book Value | 36143953 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 303277925 | OtherCostOrOtherBasis |
| Depreciation | 20063977 | Depreciation |
| Book Value | 283213948 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9454064 | OtherCostOrOtherBasis |
| Depreciation | 8163138 | Depreciation |
| Book Value | 1290926 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 320648827 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| REVENUE BOND TRUST ACCOUNTS | 48596038 |
| CAPITALIZED REVENUE BOND ISSUANCE COSTS | 16240132 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 64836170 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTEREST RATE SWAPS | $35,954,259 |
| SPLIT-INTEREST AGREEMENT LIABILITIES | $931,775 |
| CAPITAL LEASE OBLIGATION | $544,690 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 37430724 | TotalOfAmounts |
| Total Revenue | 76176095 | TotalRevenue |
| Total Expenses | 102914167 | TotalExpenses |
| Excess Or Deficit For Year | -26738072 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 27873751 | NetUnrealizedGLOnInvestments |
| Other | $8,882,264 | OtherAmount |
| Total Adjustments | 36756015 | TotalAdjustments |
| Excess Or Deficit Per FS | 10017943 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 117188502 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 27873751 | NetUnrealizedGainsInvestments |
| Other Revenues | 8208540 | OtherRevenues |
| Revenue Not Rptd F990 | 36082291 | RevenueNotRptdF990 |
| Revenue Subtotal | 81106211 | RevenueSubtotal |
| Other Revenues Not Included | -4930116 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -4930116 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 76176095 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 89359380 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -13554787 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -13554787 | ExpensesNotRptdF990 |
| Expenses Subtotal | 102914167 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 102914167 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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, OR IN TEMPORARILY 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. | |
| 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 100,000 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. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC NO. 740, "UNCERTAINTY IN INCOME TAXES" ("ASC 740"), THE MUSEUM RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE COMBINED FINANCIAL STATEMENT 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, 2011, THE MUSEUM PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE COMBINED FINANCIAL STATEMENT OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. JURISDICTION OPEN TAX YEARS FEDERAL 2007 - 2011 STATE 2006 - 2011 | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| UNREALIZED GAINS/LOSSES - ON INTEREST RATE SWAP 8,882,264. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| UNREALIZED GAINS/LOSSES - ON INTEREST RATE SWAP 8,882,264. INVESTMENT MANAGEMENT FEES -673,724. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| COGS -1,221,011. COLLECTION ITEMS SOLD 490,895. DOUBTFUL PLEDGES -4,200,000. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| COGS 1,221,011. ART ACCESSIONS -18,302,074. INVESTMENT MANAGEMENT FEES -673,724. DOUBTFUL PLEDGES 4,200,000. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | RESNICK PAVILION | NameOfEvent1 |
| Gross Receipts Event1 | 3536335 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 871350 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 2664985 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 2664985 | OtherDirectExpensesEvent1 |
| Name Of Event2 | DECORATIVE ARTS COUNCIL | NameOfEvent2 |
| Gross Receipts Event2 | 61500 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 61500 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 63056 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 5 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 50285 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 29173 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 21112 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 19556 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 3648120 | GrossReceiptsTotal |
| Charitable Contributions Total | 900523 | CharitableContributionsTotal |
| Gross Revenue Total Events | 2747597 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 2747597 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 2747597 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOVE LA CO COMMUNITY PARTNERS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 634 SOUTH SPRING STREET 818 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90014 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 954302067 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 6500 | AmountOfCashGrant |
| Method Of Valuation | CASH GRANTS | MethodOfValuation |
| Purpose Of Grant | TO PROMOTE EXTENSION OF A SUBWAY LINE TO THE MUSEUM. | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 1 | InitialContractException |
| Rebuttable Presumption Procedure | 1 | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL GOVAN | |||||||||||||
| 676215 | 151896 | 0 | 0 | 320000 | 0 | 125350 | 0 | 0 | 75948 | 1121565 | 227844 | 0 | 0 |
| MELODY KANSCHAT | |||||||||||||
| 375000 | 0 | 0 | 0 | 0 | 0 | 182748 | 0 | 4564 | 0 | 562312 | 0 | 0 | 0 |
| FRED GOLDSTEIN | |||||||||||||
| 268724 | 0 | 0 | 0 | 0 | 0 | 40746 | 0 | 4564 | 0 | 314034 | 0 | 0 | 0 |
| ANN ROWLAND | |||||||||||||
| 51516 | 135814 | 0 | 0 | 0 | 0 | 9448 | 0 | 0 | 66549 | 60964 | 202363 | 0 | 0 |
| THERESA MORELLO | |||||||||||||
| 212813 | 0 | 0 | 0 | 0 | 0 | 26109 | 0 | 10398 | 0 | 249320 | 0 | 0 | 0 |
| NANCY THOMAS | |||||||||||||
| 89333 | 113376 | 0 | 0 | 0 | 0 | 18135 | 0 | 0 | 43488 | 107468 | 156864 | 0 | 0 |
| MARK MITCHELL | |||||||||||||
| 175532 | 0 | 0 | 0 | 0 | 0 | 21447 | 0 | 4575 | 0 | 201554 | 0 | 0 | 0 |
| PETER BODELL | |||||||||||||
| 183187 | 0 | 0 | 0 | 0 | 0 | 29076 | 0 | 10422 | 0 | 222685 | 0 | 0 | 0 |
| JOHN BOWSHER | |||||||||||||
| 162971 | 0 | 0 | 0 | 0 | 0 | 20551 | 0 | 4575 | 0 | 188097 | 0 | 0 | 0 |
| MELISSA BOMES | |||||||||||||
| 157911 | 0 | 0 | 0 | 0 | 0 | 13068 | 0 | 0 | 0 | 170979 | 0 | 0 | 0 |
| ALVARO VASQUEZ | |||||||||||||
| 151783 | 0 | 0 | 0 | 0 | 0 | 14012 | 0 | 10398 | 0 | 176193 | 0 | 0 | 0 |
| MARK GILBERG | |||||||||||||
| 151968 | 0 | 0 | 0 | 0 | 0 | 23055 | 0 | 13984 | 0 | 189007 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 4B | MELODY KANSCHAT, PRESIDENT, PARTICIPATED IN A 457F PLAN PURSUANT TO HER CONTRACTUAL DEFERRED COMPENSATION. THIS AMOUNT IS ALSO REFLECTED IN COLUMN (C) FOR SCHEDULE J PART II. AMOUNT: $150,000 | |
| PART III | PART I, LINES 8 & 9: IN JULY 2010, THE DIRECTOR RECEIVED DEFERRED COMPENSATION ACCRUED AND PAYABLE UNDER HIS EMPLOYMENT AGREEMENT WITH THE ORGANIZATION, ENTERED INTO APRIL 1, 2006, WHICH WAS SUBJECT TO THE INITIAL CONTRACT EXCEPTION. EFFECTIVE JULY 1, 2010, THE ORGANIZATION ENTERED INTO A NEW EMPLOYMENT AGREEMENT WITH THE DIRECTOR FOR A TERM ENDING JUNE 30, 2016. | SUPPLEMENTAL INFORMATION |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY | |||||||
| 680164610 | 130795YO3 | 2008-09-10 | 100000000 | CONSTRUCTION | 0 | 0 | 0 |
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY | |||||||
| 680164610 | 130795YE1 | 2008-09-10 | 100000000 | CONSTRUCTION | 0 | 0 | 0 |
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY | |||||||
| 680164610 | 130795YF8 | 2008-09-10 | 95000000 | CONSTRUCTION | 0 | 0 | 0 |
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY | |||||||
| 680164610 | 130795YG6 | 2008-09-10 | 60000000 | CONSTRUCTION | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Total ProceedsTotalProceeds | Capitalized InterestCapitalizedInterest | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|
| 100000000 | 3980269 | 851861 | 82479610 | 12688261 | 2010 | 0 | 0 | 0 | 1 |
| 100000000 | 3980269 | 851861 | 82479610 | 12688261 | 2010 | 0 | 0 | 0 | 1 |
| 95000000 | 3781256 | 809268 | 78355629 | 12053848 | 2010 | 0 | 0 | 0 | 1 |
| 60000000 | 2388162 | 511116 | 49487766 | 7612956 | 2010 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| 0 | 0 | 1 | 0 | 1 | 1 |
| 0 | 0 | 1 | 0 | 1 | 1 |
| 0 | 0 | 1 | 0 | 1 | 1 |
| 0 | 0 | 1 | 0 | 1 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 680164610 | IssuerEIN |
| CUSIP Number | 130795YH4 | CUSIPNumber |
| Date Issued | 2008-09-10 | DateIssued |
| Issue Price | 28000000 | IssuePrice |
| Description Of Purpose | CONSTRUCTION | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 28000000 | TotalProceeds |
| Capitalized Interest | 1114475 | CapitalizedInterest |
| Issuance Costs From Proceeds | 238521 | IssuanceCostsFromProceeds |
| Capital Expenditures | 23094291 | CapitalExpenditures |
| Amount Unspent | 3552713 | AmountUnspent |
| Year Of Subst Completion | 2010 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 1 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 1 | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSHUA S FRIEDMAN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | TRUSTEE MR. FRIEDMAN IS A TRUSTEE OF MUSEUM ASSOCIATES. | Relationship |
| Amount Of Transaction | 371725 | AmountOfTransaction |
| Description Of Transaction | INV. MGMT FEESMR. FRIEDMAN IS ALSO A FOUNDER, CO-CHAIR AND CO-CHIEF EXECUTIVE OFFICER FOR CANYON CAPITAL ADVISORS LLC (CCA, LLC), AN INVESTMENT FIRM WHICH 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. | DescriptionOfTransaction |
| Sharing Of Revenues | 1 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 92 | NumberOfContributions |
| Method Of Determining Revenues | SEE PART II | MethodOfDeterminingRevenues |
Art Fractional Interest ArtFractionalInterest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 14 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 955653 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV OF AVERAGE STOCK VAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 25 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| THIRD PARTY USE: | PART I, LINE 32B: | THE MUSEUM USES BROKERS TO SELL SECURITIES AND USES AUCTION HOUSES AND ART DEALERS TO SELL WORKS ON CONSIGNMENT. |
| NON REPORTING OF REVENUE: | PART I, LINE 33: | 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, OR IN TEMPORARILY 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. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | ON MAY 26, 2006, ROBERT KOTICK, A LACMA TRUSTEE, LOANED MICHAEL GOVAN, LACMA'S CEO AND DIRECTOR, APPROXIMATELY $180,000. THE LOAN WAS REPAID ON AUGUST 18, 2010. | |
| 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 ON ITS REVIEW AND APPROVAL AND THE RETURN IS MADE AVAILABLE TO THE REST OF THE BOARD BEFORE IT IS ELECTRONICALLY FILED. | |
| 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 KEY EMPLOYEES AN ANNUAL CONFLICT OF INTEREST FORM, WHICH KEY EMPLOYEES ARE REQUIRED TO COMPLETE AND RETURN TO THE GENERAL COUNSEL, WHO REVIEWS SUCH FORMS FOR POSSIBLE CONFLICTS AND MONITORS COMPLIANCE WITH THE MUSEUM'S ETHICS POLICY INCLUDING THE CONFLICT OF INTEREST POLICIES CONTAINED IN THE ETHICS POLICY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE COMPENSATION OF THE CEO AND DIRECTOR OF LACMA IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WITHIN THE PARAMETERS ESTABLISHED BY THE EMPLOYMENT AGREEMENT ENTERED INTO BY LACMA AND THE CEO AND DIRECTOR IN 2010. THE DIRECTOR AND CEO DETERMINES THE COMPENSATION OF THE PRESIDENT AND COO OF LACMA, ALSO SUBJECT TO THE THREE YEAR EMPLOYMENT AGREEMENT BETWEEN LACMA AND THE PRESIDENT, EFFECTIVE JANUARY 1, 2008. THE DIRECTOR AND THE PRESIDENT DETERMINE THE COMPENSATION OF EACH OF THE OTHER OFFICERS AND KEY EMPLOYEES. IN EACH CASE, THE COMPENSATION IS BASED ON (1) THE EMPLOYEE'S CONTRACT, IN THE CASE OF THE CEO AND THE PRESIDENT; (2) THE EMPLOYEE'S PERFORMANCE DURING THE PRIOR YEAR; (3) THE CONTEXT OF LACMA'S OVERALL OPERATING BUDGET; AND (4) COMPARABILITY DATA FOR PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS. SUCH COMPARABILITY DATA IS GENERALLY PREPARED BY SENIOR MANAGEMENT, INCLUDING THE CHIEF FINANCIAL OFFICER, THE PRESIDENT AND THE DIRECTOR OF HUMAN RESOURCES AND INCLUDES A REVIEW OF PUBLICLY FILED FORMS 990 OF OTHER INSTITUTIONS. IN CONNECTION WITH THE EXECUTION OF THE DIRECTOR'S CONTRACT EFFECTIVE AS OF JULY 1, 2010, THE MUSEUM ALSO RETAINED AN INDEPENDENT COMPENSATION CONSULTANT TO OBTAIN, ANALYZE AND ADVISE THE EXECUTIVE COMMITTEE OF THE BOARD WITH RESPECT TO COMPARABILITY DATA. THE PRESIDENT AND COO'S CONTRACT EXPIRED JANUARY 1, 2011 AND SHE RETIRED FROM HER POSITION AT LACMA AS OF MAY 4, 2011. TO THAT EXTENT, THE PROCESS HAS CHANGED, WITH THE DIRECTOR AND CEO ASSUMING RESPONSIBILITY FOR OFFICERS AND KEY EMPLOYEES. ONCE COMPENSATION OF THE CEO AND THE PRESIDENT 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 JUDGEMENT, 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." | FORM 990, PART VI, SECTION B, LINE 15 | |
| 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. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 27,873,751. UNREALIZED GAINS/LOSSES - ON INTEREST RATE SWAP 8,882,264. TOTAL TO FORM 990, PART XI, LINE 5: 36,756,015. | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. | FORM 990, PART XII, LINE 2C: | |
| OTHER EXPENSES ARE SUBSTANTIALLY HIGHER FOR THE YEAR ENDED JUNE 30, 2011 THAN FOR THE PRIOR YEAR PRINCIPALLY DUE TO HIGHER BOND INTEREST EXPENSE (CAPITALIZED INTEREST PHASE COMPLETED); HIGHER OPERATING, PROGRAM, AND DEPRECIATION COSTS; PLUS A ONE-TIME OPENING GALA FOR THE NEW RESNICK EXHIBITION PAVILION; AND HIGHER SPENDING TO ACQUIRE ART. | FORM 990, PART I, LINE 17 | |
| WHILE REVENUES LESS EXPENSES FOR LINE 19 IS REFLECTED AS A DEFICIT OF $26,738,072, THE AUDITED FINANCIAL STATEMENTS REFLECT A SURPLUS OF $10,017,943. AS EXPLAINED IN THE RECONCILIATION ON SCHEDULE D PART XI, FORM 990 PART I DOES NOT INCLUDE EITHER THE $27,873,751 OF UNREALIZED INVESTMENT GAINS OR THE UNREALIZED GAIN ON SWAPS OF $8,882,264 THAT WOULD RESULT IN A $10,017,943 SURPLUS FOR YEAR ENED JUNE 30, 2011. | FORM 990, PART I, LINE 19 | |
| PROCEEDS FROM SALE OF STOCKS | 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, BUT IS AVAILABLE UPON REQUEST. | FORM 990, PART VIII, LINE 7A: |
| THE DECREASE IN OTHER LIABILITIES IS PRINCIPALLY TIED TO AN UNREALIZED GAIN 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 X, LINE 25: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION FOR THE ADVANCEMENT OF MESOAMERICAN STUDIES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5905 WILSHIRE BLVD | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 593195520 | EIN |
| Primary Activities | TO FOSTER INCREASED UNDERSTANDING OF ANCIENT MESOAMERICAN CULTURES. | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | PF | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSEUM ASSOCIATES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRT 1 | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5905 WILSHIRE BLVD | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | TRUST | PrimaryActivity |
| Legal Domicile State | CA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CO GEORGE HORI TRUSTEE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | T | TypeOfEntity |
| Share Of EOY Assets | 148533 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| FOUNDATION FOR THE ADVANCEMENT OF MESOAMERICAN STUDIES INC | ||
| M | 10 | CASH VALUE |
| FOUNDATION FOR THE ADVANCEMENT OF MESOAMERICAN STUDIES INC | ||
| O | 139065 | CASH VALUE |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | FORM 990, SCHEDULE R, PART V, LINE 2, COLUMN (A)(1): | ReturnReference |
| Explanation | FOUNDATION FOR THE ADVANCEMENT OF MESOAMERICAN STUDIES, INC. AND THE MUSEUM SHARED A LEASED FACILITY IN FLORIDA FOR NOMINAL RENT. | Explanation |
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