MUSEUM OF CONTEMPORARY ART INC: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: MUSEUM OF CONTEMPORARY ART INC (EIN 59-2085261)
Tax period: 2009-10-01 to 2010-09-30
Filed: 2011-08-10
IRS object ID: 201112229349300406
Schema version: 2009v1.7
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 D
Schedule G
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-08-10T08:11:23-04:00	Timestamp
Tax Period End Date	2010-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

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

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	ONE SE THIRD AVENUE 10TH FLOOR	AddressLine1
City	MIAMI	City
State	FL	State
ZIP Code	33131	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2009-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	592085261	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MUSEUM OF CONTEMPORARY ART INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MUSE	NameControl
Phone	3058936211	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	770 NE 125TH STREET	AddressLine1
City	NORTH MIAMI	City
State	FL	State
ZIP Code	33161	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	BONNIE CLEARWATER	Name
Title	EXECUTIVE DIRECTOR	Title
Date Signed	2011-07-29	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Donald Butler	Name
Phone	3059959600	Phone

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MICHAEL COLLINS	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	13627 DEERING BAY DRIVE 601	AddressLine1
City	CORAL GABLES	City
State	FL	State
ZIP Code	33158	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	3162085	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	http://www.mocanomi.org/	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1981	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	TO MAKE CONTEMPORARY ART ACCESSIBLE TO DIVERSE AUDIENCES-ESPECIALY UNDER-SERVED POPULATIONS BY EXPLORING THE ART OF OUR TIME AND ITS RELATIONSHIP TO A BROADER CULTURAL CONTEXT	ActivityOrMissionDescription
Nbr Voting Members Governing Body	30	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	30	NbrIndependentVotingMembers
Total Nbr Employees	34	TotalNbrEmployees
Total Nbr Volunteers	25	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	2868503	ContributionsGrantsPriorYear
Contributions Grants Current Year	2486373	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	112283	ProgramServiceRevenuePriorYear
Program Service Revenue CY	115440	ProgramServiceRevenueCY
Investment Income Prior Year	81187	InvestmentIncomePriorYear
Investment Income Current Year	94245	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-75054	OtherRevenuePriorYear
Other Revenue Current Year	169202	OtherRevenueCurrentYear
Total Revenue Prior Year	2986919	TotalRevenuePriorYear
Total Revenue Current Year	2865260	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	810412	SalariesEtcPriorYear
Salaries Etc Current Year	811413	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	1237306	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1992087	OtherExpensePriorYear
Other Expenses Current Year	1696497	OtherExpensesCurrentYear
Total Expenses Prior Year	2802499	TotalExpensesPriorYear
Total Expenses Current Year	2507910	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	184420	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	357350	RevenuesLessExpensesCY
Total Assets BOY	6585283	TotalAssetsBOY
Total Assets EOY	6448054	TotalAssetsEOY
Total Liabilities BOY	126044	TotalLiabilitiesBOY
Total Liabilities EOY	162236	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	6459239	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	6285818	NetAssetsOrFundBalancesEOY
Mission Description	The mission of the Museum of Contemporary Art is to make contemporary art accessible to diverse audiences-especially under-served populations-by exploring the art of our time and its relationship to a broader cultural context. The museum is particularly interested in providing a forum for young and emerging artists and in presenting and collecting works by local as well as internationally recognized artists. The museum carries out this mission through exhibitions and acquiring works for its permanent collection as well as related symposia, publications, films, lectures, performances, and educational outreach activities, thereby providing a forum for dialogue about contemporary art in the community.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	467359	Expense
Revenue	41368	Revenue
Description	EXHIBITIONS	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	163576	Expense
Revenue	58690	Revenue
Description	EDUCATIONAL PROGRAMS	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	147996	Expense
Revenue	15382	Revenue
Description	PUBLIC PROGRAMS	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	778931	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	true	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	true	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	51	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	34	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Nbr Voting Governing Body Members	30	NbrVotingGoverningBodyMembers
Number Independent Voting Members	30	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	FL	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	KAREN HALPERN	NamePerson
Telephone Number	3058936211	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	770 NE 125TH STREET	AddressLine1
City	NORTH MIAMI	City
State	FL	State
ZIP Code	33161	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (25 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
SHELDON ANDERSON
BOARD MEMBER	1.0	X	0	0	0
CARLOS ARRIZURIETA
TREASURER	1.0	X	0	0	0	X
PAUL BERG
BOARD MEMBER	1.0	X	0	0	0
FRANCINE BIRBRAGHER
SECRETARY	1.0	X	0	0	0	X
IRMA BRAMAN
BOARD MEMBER	1.0	X	0	0	0
MICHAEL COLLINS
CHAIRMAN	1.0	X	0	0	0
DR KIRA FLANZRAICH
VICE CHAIR	1.0	X	0	0	0
FRANCINE BISHOP GOOD
BOARD MEMBER	1.0	X	0	0	0
ROSALIND JACOBS
BOARD MEMBER	1.0	X	0	0	0
MONICA KALPAKIAN
BOARD MEMBER	1.0	X	0	0	0
JOANNE KATZ
BOARD MEMBER	1.0	X	0	0	0
DRSHULAMIT KATZMAN
BOEARD MEMBER	1.0	X	0	0	0
JAN LEWIS
BOARD MEMBER	1.0	X	0	0	0
DIANE LIEBERMAN
BOARD MEMBER	1.0	X	0	0	0
SANDRA MUSS
BOARD MEMBER	1.0	X	0	0	0
CINDI NASH
BOARD MEMBER	1.0	X	0	0	0
HAROLD PHILIPPS
BOARD MEMBER	1.0	X	0	0	0
EVAN REED
BOARD MEMBER	1.0	X	0	0	0
PETER ROBBINS
BOARD MEMBER	1.0	X	0	0	0
MICHAEL SALKE
BOARD MEMBER	1.0	X	0	0	0
RAQUEL SCHECK
BOARD MEMBER	1.0	X	0	0	0
CARL SCHWARTZ
BOARD MEMBER	1.0	X	0	0	0
JACKIE SOFFER
BOARD MEMBER	1.0	X	0	0	0
RAY ELLEN YARKIN
PRESIDENT	1.0	X	0	0	0	X
BONNIE CLEARWATER
EXECUTIVE DIRECTOR	40.0		0	114786	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	0	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	114786	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Fundraising Events	142278	FundraisingEvents
Government Grants	462245	GovernmentGrants
All Other Contributions	1881850	AllOtherContributions
Noncash Contributions	971144	NoncashContributions
Total Contributions	2486373	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MUSEUM ADMISSIONS	41368	41368
FEES FOR EDUCATION	58690	58690
INCOME FORM PUBLICATIONS	15382	15382

Field	Value	IRS element (for citing)
Total Program Service Revenue	115440	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	94245	TotalRevenueColumn
Exclusion	$94,245	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

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

Royalties Revenue RoyaltiesRevenue

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

Net Gain Or Loss Investments NetGainOrLossInvestments

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

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	405996	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	142278	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	256039	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	149957	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

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

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	60031	GrossSalesOfInventory
Cost Of Goods Sold	40786	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	19245	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2865260	TotalRevenueColumn
Related Or Exempt Function Income	115440	RelatedOrExemptFunctionIncome
Exclusion	$94,245	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	0	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	669243	Total
Program Services	167184	ProgramServices
Management And General	113695	ManagementAndGeneral
Fundraising	388364	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	91224	Total
Program Services	17119	ProgramServices
Management And General	18890	ManagementAndGeneral
Fundraising	55215	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	50946	Total
Program Services	12576	ProgramServices
Management And General	9082	ManagementAndGeneral
Fundraising	29288	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	43978	Total
Management And General	43978	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	71283	Total
Management And General	71283	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	203307	Total
Program Services	123531	ProgramServices
Fundraising	79776	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	75687	Total
Program Services	28601	ProgramServices
Management And General	27089	ManagementAndGeneral
Fundraising	19997	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	389748	Total
Program Services	143206	ProgramServices
Management And General	63492	ManagementAndGeneral
Fundraising	183050	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	7396	Total
Program Services	2749	ProgramServices
Management And General	1203	ManagementAndGeneral
Fundraising	3444	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	287855	Total
Program Services	31652	ProgramServices
Management And General	65757	ManagementAndGeneral
Fundraising	190446	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	35302	Total
Program Services	9695	ProgramServices
Management And General	15306	ManagementAndGeneral
Fundraising	10301	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	161215	Total
Program Services	92575	ProgramServices
Management And General	10440	ManagementAndGeneral
Fundraising	58200	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	28969	Total
Management And General	28969	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	20705	Total
Program Services	967	ProgramServices
Management And General	11143	ManagementAndGeneral
Fundraising	8595	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	FundraisingFundraising	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
AUCTION EXPENSE	210630	210630
ART WORK PURCHASED	149076		149076
BAD DEBT	10000			10000
MISCELLANEOUS	1346			1346

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	2507910	Total
Program Services	778931	ProgramServices
Management And General	491673	ManagementAndGeneral
Fundraising	1237306	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	142900	BOY
EOY	154145	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	405292	BOY
EOY	506645	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	2289533	BOY
EOY	1028558	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	102852	BOY
EOY	109517	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	21543	BOY
EOY	19836	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
EOY	3572	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	239321	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	172940	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	89674	BOY
EOY	66381	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	3533489	BOY
EOY	4559400	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	6585283	BOY
EOY	6448054	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	126044	BOY
EOY	162236	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	126044	BOY
EOY	162236	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	968369	BOY
EOY	649808	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	63870	BOY
EOY	219010	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	5427000	BOY
EOY	5417000	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6459239	BOY
EOY	6285818	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6585283	BOY
EOY	6448054	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	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	2413186	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	3064340	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7931388	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2868503	CurrentTaxYearMinus1Year
Current Tax Year	2486373	CurrentTaxYear
Total	18763790	Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	800528	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	917569	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	985035	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1064861	CurrentTaxYearMinus1Year
Current Tax Year	1015010	CurrentTaxYear
Total	4783003	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3213714	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	3981909	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	8916423	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3933364	CurrentTaxYearMinus1Year
Current Tax Year	3501383	CurrentTaxYear
Total	23546793	Total

Field	Value	IRS element (for citing)
Public Support Total170	23546793	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	999	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	17389	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	29574	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	81187	CurrentTaxYearMinus1Year
Current Tax Year	94245	CurrentTaxYear
Total	223394	Total

Field	Value	IRS element (for citing)
Total Support	23770187	TotalSupport
Gross Receipts From Admissions Etc	657522	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.99060	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.99430	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

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 D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
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
Solicited Assets For Sale	false	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	3517771	BeginningOfYearBalance
Contributions	1005914	Contributions
Investment Earnings Or Losses	90390	InvestmentEarningsOrLosses
Grants Or Scholarships	0	GrantsOrScholarships
Other Expenditures	69205	OtherExpenditures
Administrative Expenses	806	AdministrativeExpenses
End Of Year Balance	4544064	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	2507506	BeginningOfYearBalance
Contributions	1017000	Contributions
Investment Earnings Or Losses	69285	InvestmentEarningsOrLosses
Grants Or Scholarships	0	GrantsOrScholarships
Other Expenditures	75206	OtherExpenditures
Administrative Expenses	814	AdministrativeExpenses
End Of Year Balance	3517771	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.00000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	1.00000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.00000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Land		Land
Buildings		Buildings

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	45157	OtherCostOrOtherBasis
Depreciation	29484	Depreciation
Book Value	15673	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	182019	OtherCostOrOtherBasis
Depreciation	132927	Depreciation
Book Value	49092	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	12145	OtherCostOrOtherBasis
Depreciation	10529	Depreciation
Book Value	1616	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	66381	TotalOfBookValueLandBuildings
Total Revenue	2865260	TotalRevenue
Total Expenses	2507910	TotalExpenses
Excess Or Deficit For Year	357350	ExcessOrDeficitForYear
Net Unrealized GL On Investments	10729	NetUnrealizedGLOnInvestments
Other	-$541,500	OtherAmount
Total Adjustments	-530771	TotalAdjustments
Excess Or Deficit Per FS	-173421	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	3677645	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	10729	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	1087117	DonatedSrvcAndUseOfFacilities
Other Revenues	256039	OtherRevenues
Revenue Not Rptd F990	1353885	RevenueNotRptdF990
Revenue Subtotal	2323760	RevenueSubtotal
Other Revenues Not Included	541500	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	541500	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	2865260	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	3851066	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	1087117	DonatedServicesUseOfFacilities
Other Expenses Included	256039	OtherExpensesIncluded
Expenses Not Rptd F990	1343156	ExpensesNotRptdF990
Expenses Subtotal	2507910	ExpensesSubtotal
Total Expenses Per Form990	2507910	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OR ART COLLECTION	SCHEDULE D, PART III, QUESTION 4	The museum is particularly interested in providing a forum for young and emerging artists and in presenting and collecting works by local as well as internationally recognized artists. The mission of the Museum of Contemporary Art is to make contemporary art accessible to diverse audiences-especially under-served populations-by exploring the art of our time and its relationship to a broader cultural context.
DESCRIPTION OF INVESTMENT, LAND, BUILDING, AND EQUIPMENT	SCHEDULE D, PART V, LINE 1A - 1E	TOTAL BOOK VALUE OF ASSETS: BEG ADDIDITONS DISPOSALS ENDING BUILDING IMPR $ 52,242 3,900 (10,985) $ 45,157 FURNITURE & FIX $ 14,352 653 ( 2,860) $ 12,145 EQUIPMENT $182,604 3,293 ( 3,878) $182,019 ----------- TOTAL BOOK VALUE $239,321 TOTAL ACCUMULATED DEPRECIATION: BEG DEPRECIATION DISPOSALS ENDING BUILDING IMPR $ 34,516 5,291 (10,322) $ 29,484 FURNITURE & FIX $ 11,809 1,058 ( 2,338) $ 10,529 EQUIPMENT $113,199 22,620 ( 2,893) $132,927 ----------- ----------- TOTAL ACC. DEPRE $172,940 NET BOOK VALUE OF ASSETS BOOK VALUE OF ASSETS $239,321 ACCUM DEPRECIATION ($172,940) ---------------- NET BOOK VALUE OF ASSETS $66,381
DONATION OF WORKS OF ART	SCHEDULE D, PART XI, LINE 8 AND PART XII, LINE 4B	DONATIONS OF WORKS OF ART ARE REPORTED AS REVENUE FOR 990 PURPOSES BUT ARE NOT REPORTED ON AUDITED FINANCIAL STATEMENYS. TOTAL OF WORKS OF ART DONATED FOR 2009 WAS $541,500
FUNDRAISING DIRECT EXPENSES	SCHEDULE D, PART XII, LINE 2D AND PART XIII, LINE 2D	FUNDRAISING INCOME IS PRESENTED NET OF DIRECT EXPENSES ON FORM 990 BUT PRESENTED GROSS ON AUDITED FINANCIAL STATEMENTS. NET INCOME PER FORM 990 IS $256,039.

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	BOHEMIAN BASH	NameOfEvent1
Gross Receipts Event1	289024	GrossReceiptsEvent1
Charitable Contributions Event1	72250	CharitableContributionsEvent1
Gross Revenue Event1	216774	GrossRevenueEvent1
Non Cash Prizes Event1	950	NonCashPrizesEvent1
Rent Facility Costs Event1	17100	RentFacilityCostsEvent1
Food And Beverage Event1	8880	FoodAndBeverageEvent1
Entertainment Event1	2550	EntertainmentEvent1
Other Direct Expenses Event1	187322	OtherDirectExpensesEvent1
Name Of Event2	ENCHANTED EVE	NameOfEvent2
Gross Receipts Event2	193000	GrossReceiptsEvent2
Charitable Contributions Event2	47600	CharitableContributionsEvent2
Gross Revenue Event2	145400	GrossRevenueEvent2
Food And Beverage Event2	1008	FoodAndBeverageEvent2
Total Number Of Other Events	0	TotalNumberOfOtherEvents
Gross Receipts Other Events	66250	GrossReceiptsOtherEvents
Charitable Contrib Other Events	22428	CharitableContribOtherEvents
Gross Revenue Other Events	43822	GrossRevenueOtherEvents
Rent Facility Costs Other Events	4685	RentFacilityCostsOtherEvents
Food And Beverage Other Events	6079	FoodAndBeverageOtherEvents
Other Direct Expenses Other Events	27465	OtherDirectExpensesOtherEvents
Gross Receipts Total	548274	GrossReceiptsTotal
Charitable Contributions Total	142278	CharitableContributionsTotal
Gross Revenue Total Events	405996	GrossRevenueTotalEvents
Non Cash Prizes Total Events	950	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	21785	RentFacilityCostsTotalEvents
Food And Beverage Total Events	15967	FoodAndBeverageTotalEvents
Entertainment Total Events	2550	EntertainmentTotalEvents
Other Direct Expenses Total Events	214787	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	256039	DirectExpenseSummaryEvents
Net Income Summary	149957	NetIncomeSummary

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	BONNIE CLEARWATER	NamePerson

Field	Value	IRS element (for citing)
Relationship	OFFICER	Relationship
Amount Of Transaction	7500	AmountOfTransaction
Description Of Transaction	CURATOR SERIVCES	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	24	NumberOfContributions
Noncash Contribs Rptd F990	541500	NoncashContribsRptdF990
Method Of Determining Revenues	DONOR DECLARED VALUE	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasures
Art Fractional Interest		ArtFractionalInterest
Books And Publications		BooksAndPublications
Clothing And Household Goods		ClothingAndHouseholdGoods
Cars And Other Vehicles		CarsAndOtherVehicles
Boats And Planes		BoatsAndPlanes
Intellectual Property		IntellectualProperty
Securities Publicly Traded		SecuritiesPubliclyTraded
Securities Closely Held Stock		SecuritiesCloselyHeldStock
Securities Prtnrshp Trust Intrsts		SecuritiesPrtnrshpTrustIntrsts
Securities Miscellaneous		SecuritiesMiscellaneous
Qualified Contrib Hist Struct		QualifiedContribHistStruct
Qualified Contrib Other		QualifiedContribOther
Real Estate Residential		RealEstateResidential
Real Estate Commercial		RealEstateCommercial
Real Estate Other		RealEstateOther
Collectibles		Collectibles
Food Inventory		FoodInventory
Drugs And Medical Supplies		DrugsAndMedicalSupplies
Taxidermy		Taxidermy
Historical Artifacts		HistoricalArtifacts
Scientific Specimens		ScientificSpecimens
Archaeological Artifacts		ArchaeologicalArtifacts
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	false	ReviewProcessUnusualNCGifts
Third Parties Used	false	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
990 GOVERNING BODY REVIEW	PART VI, SECTION B, LINE 11	A PDF COPY OF THE 990 IS GIVEN TO ALL BOARD MEMBERS AND AUDIT COMMITTEE FOR REVIEW AND COMMENTS BEFORE 990 IS FILED
GOVERNING DOCUMENTS AVAILABILITY	PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS ARE MADE AVAILABLE IN THE FOLLOWING MANNER: FORM 990 IS AVAIALBLE UPON REQUEST AND CAN BE RETRIEVED USING GUIDESTAR. THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
CONFLICT OF INTEREST	PART VI, SECTION B, LINE 12B-C	THE CONFLICT OF INTEREST POLICY IS MONITORED BY REQUESTING TRUSTEES, DIRECTORS, OFFICERS, AND KEY EMPLOYEES TO COMPLETE AN ANNUAL CONFLICT OF INTEREST CERTIFICATE OF ACKNOWLEDGEMENT.
COMPENSATION	PART VI, SECTION B, LINE 15A-B	COMPENSATION OF THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICALS, OFFICERS, AND KEY EMPLOYEES ARE DETERMINED BY A SALARY SURVEY FROM THE SOUTHEASTERN MUSEUM CONFERENCE IN WHICH COMPENSATION INFORMATION IS GATHERED BASED ON COMPARABLE MUSEUMS.