THE MIKE KELLEY FOUNDATION FOR THE ARTS: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
THE MIKE KELLEY FOUNDATION FOR THE ARTS (EIN 30-0434789)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-09-18
IRS object ID
202612619349100301
Schema version
2025v4.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-09-18T07:05:01-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN951777440PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GREEN HASSON & JANKS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1700 S FLOWER STREET SUITE 3300AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN300434789EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MIKE KELLEY FOUNDATION FOR THE ARTSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMIKEBusinessNameControlTxt
Phone3232577853PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17019 N FIGUEROA STAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90042ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGIANNA DRAKE-KERRISONPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3232577853PhoneNum
Signature2026-08-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLIZBETH G NEVAREZPreparerPersonNm
PTINP01399668PTIN
Phone3108731600PhoneNum
Preparation2026-08-26PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$86,896,277FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$13,900ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$704,104DividendsRevAndExpnssAmt
Dividends Net Invst Incm$704,104DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$556,709NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$14,853,787GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$556,709CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$137,240OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$134,977OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$1,411,953TotalRevAndExpnssAmt
Total Net Invst Incm$1,395,790TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$255,300CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$5,883CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$249,417CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$513,744OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$513,744OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$126,940PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$126,940PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$9,234LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$9,234LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$125,501AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$12,551AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$112,950AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$186,654OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$89,283OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$97,371OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$20,946TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$588TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$47,436DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss$103,280OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$103,280OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$81,688TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$81,688TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$231,207OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$231,207OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,701,930TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$107,717TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,526,419TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$580,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$665,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,281,930TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$107,717TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,191,419TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$869,977ExcessRevenueOverExpensesAmt
Net Investment Income$1,288,073NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$191,999CashBOYAmt
Cash EOY$351,263CashEOYAmt
Cash EOYFMV$35,163CashEOYFMVAmt
Sav And Temp Cash Invst BOY$275,979SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$367,840SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$367,840SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$61,203AcctRcvblAmt
Acct Rcvbl BOY$54,898AcctRcvblBOYAmt
Acct Rcvbl EOY$61,203AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$61,203AcctRcvblEOYFMVAmt
Prepaid Expenses BOY$37,910PrepaidExpensesBOYAmt
Prepaid Expenses EOY$58,629PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$58,629PrepaidExpensesEOYFMVAmt
Corporate Stock BOY$20,636,033CorporateStockBOYAmt
Corporate Stock EOY$22,459,825CorporateStockEOYAmt
Corporate Stock EOYFMV$22,459,825CorporateStockEOYFMVAmt
Other Investments BOY$2,415,731OtherInvestmentsBOYAmt
Other Investments EOY$2,263,858OtherInvestmentsEOYAmt
Other Investments EOYFMV$2,263,858OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$1,363,561LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$573,093LandBldgEquipAccumDeprecAmt
Land BOY$806,762LandBOYAmt
Land EOY$790,468LandEOYAmt
Land EOYFMV$790,468LandEOYFMVAmt
Other Assets BOY$61,431,456OtherAssetsBOYAmt
Other Assets EOY$60,859,291OtherAssetsEOYAmt
Other Assets EOYFMV$60,859,291OtherAssetsEOYFMVAmt
Total Assets BOY$85,850,768TotalAssetsBOYAmt
Total Assets EOY$87,212,377TotalAssetsEOYAmt
Total Assets EOYFMV$86,896,277TotalAssetsEOYFMVAmt
Accounts Payable BOY$108,960AccountsPayableBOYAmt
Accounts Payable EOY$120,156AccountsPayableEOYAmt
Grants Payable BOY$165,000GrantsPayableBOYAmt
Grants Payable EOY$80,000GrantsPayableEOYAmt
Other Liabilities BOY$39,312OtherLiabilitiesBOYAmt
Other Liabilities EOY$32,145OtherLiabilitiesEOYAmt
Total Liabilities BOY$313,272TotalLiabilitiesBOYAmt
Total Liabilities EOY$232,301TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$85,537,496NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$86,980,076NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$85,537,496TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$86,980,076TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$85,850,768TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$87,212,377TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$85,537,496TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$869,977ExcessRevenueOverExpensesAmt
Other Increases$2,312,557OtherIncreasesAmt
Subtotal$86,980,076SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$86,980,076TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SALE OF INVESTMENTSP2025-01-012025-12-31$14,372,450$13,682,665$689,785$689,785
CAPITAL GAIN DIVIDENDSP2025-01-012025-12-31$4,949$4,949$4,949
SALE OF ARTWORKP2025-01-012025-12-31$476,388$614,413-$138,025-$138,025
FieldValueIRS element (for citing)
Capital Gain Net Income$556,709CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$17,904InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$17,904SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$17,904TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$18,000EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$3,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$21,000TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$3,096OverpaymentAmt
Applied To ES Tax$3,096AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressMIKEKELLEYFOUNDATION.ORGWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1MARY CLARE STEVENSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3232577853PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17019 N FIGUEROA STAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90042ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MARY CLARE STEVENS
7019 N FIGUEROA STLOS ANGELESCA90042EXECUTIVE DIRECTOR50.00$225,062$13,148$17,090
ED RADA
7019 N FIGUEROA STLOS ANGELESCA90042CHAIRMAN1.00$0$0$0
CONNIE BUTLER
7019 N FIGUEROA STLOS ANGELESCA90042SECRETARY1.00$0$0$0
GIANNA DRAKE-KERRISON
7019 N FIGUEROA STLOS ANGELESCA90042TREASURER1.00$0$0$0
ELIZABETH ARMSTRONG
7019 N FIGUEROA STLOS ANGELESCA90042BOARD MEMBER1.00$0$0$0
KEN GONZALES-DAY
7019 N FIGUEROA STLOS ANGELESCA90042BOARD MEMBER1.00$0$0$0
LISA MARK
7019 N FIGUEROA STLOS ANGELESCA90042BOARD MEMBER1.00$0$0$0
CLAIRE PEEPS
7019 N FIGUEROA STLOS ANGELESCA90042BOARD MEMBER1.00$0$0$0
PILAR TOMPKINS RIVAS
7019 N FIGUEROA STLOS ANGELESCA90042BOARD MEMBER1.00$0$0$0
CAULEEN SMITH
7019 N FIGUEROA STLOS ANGELESCA90042BOARD MEMBER1.00$0$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
MARY HABERLE
7019 N FIGUEROA STLOS ANGELESCA90042DIRECTOR OF ARCHIVES40.00$101,294$5,994$9,600
MARK LIGHTCAP
7019 N FIGUEROA STLOS ANGELESCA90042COLLECTIONS MANAGER40.00$95,654$6,532$9,600
ROCHELE GOMEZ
7019 N FIGUEROA STLOS ANGELESCA90042GRANTS MANAGER32.00$75,099$4,453$9,600
CHANEL VON HABSBURG-LOTHRINGEN
7019 N FIGUEROA STLOS ANGELESCA90042OFFICE ADMINISTRATOR40.00$75,116$4,437$9,378
AMY VIA
7019 N FIGUEROA STLOS ANGELESCA90042REGISTRAR AND DATABA26.00$55,748$3,445$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
JP MORGAN
2029 CENTURY PARK EAST 39TH FLOORLOS ANGELESCA90067INVESTMENT ADVISORY$89,283
JONES & ASSOCIATES
8581 SANTA MONICA BLVD 15WEST HOLLYWOODCA90069ACCOUNTING SERVICES$83,098
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$21,407,432AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$486,048AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$4,718,064FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$26,611,544TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$26,611,544AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$399,173CashDeemedCharitableAmt
Net Vl Noncharitable Assets$26,212,371NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,310,619MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,310,619MinimumInvestmentReturnAmt
Tax Based On Investment Income$17,904TaxBasedOnInvestmentIncomeAmt
Total Tax$17,904TotalTaxAmt
Distributable Before Adj$1,292,715DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$1,292,715DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$1,292,715DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,191,419ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$2,191,419QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,292,715DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$370,646ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$96,412ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$615,399ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$772,200ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$946,286ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,800,943TotalExcessDistributionCyovAmt
Qualifying Distributions$2,191,419QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,292,715AppliedToCurrentYearAmt
Remaining Distri From Corpus$898,704RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$3,699,647TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$370,646ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$3,329,001ExcessDistriCyovToNextYrAmt
Excess From Year4$96,412ExcessFromYear4Amt
Excess From Year3$615,399ExcessFromYear3Amt
Excess From Year2$772,200ExcessFromYear2Amt
Excess From Year1$946,286ExcessFromYear1Amt
Excess From Current Year$898,704ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonTHE ORGANIZATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line17019 N FIGUEROA STAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90042ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3232577856RecipientPhoneNum
Form And Info And MaterialsPLEASE SEE THE FOUNDATION'S WEBSITE FOR DETAILFormAndInfoAndMaterialsTxt
Submission DeadlinesOCTOBER 31ST OF EACH YEARSubmissionDeadlinesTxt
Restrictions On AwardsMUST BE SPENT ON ART RELATED ACTIVITIES: EDUCATION, PROMOTION, AND ADVANCEMENT OF ARTS.RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CENTER FOR CULTURAL INNOVATION
244 S SAN PEDRO STREET SUITE 401LOS ANGELESCA90012PCLA ARTS COMMUNITY FIRE FUND$100,000
TATE AMERICAS FOUNDATION
520 WEST 27TH STREET 404NEW YORKNY10001PCGRANT TO SUPPORT GHOST AND SPIRIT EXHIBITION$85,000
THE MUSEUM OF CONTEMPORARY ART DETROIT
4454 WOODWARD AVEDETROITMI48201PC2025 INFINITE EXPANSION GRANTS INITIATIVE$50,000
18TH STREET ARTS COMPLEX
1639 18TH STREETSANTA MONICACA90404PC2025 INFINITE EXPANSION GRANTS INITIATIVE$45,000
CALIFORNIA INSTITUTE OF THE ARSTREDCAT
24700 MCBEAN PARKWAYVALENCIACA91355PC2025 INFINITE EXPANSION GRANTS INITIATIVE$45,000
FULCRUM ARTS
145 N RAYMOND AVEPASADENACA91103PC2025 INFINITE EXPANSION GRANTS INITIATIVE$45,000
PIETER PERFORMANCE SPACE
2701 N BROADWAYLOS ANGELESCA90031PC2025 INFINITE EXPANSION GRANTS INITIATIVE$45,000
FUTURE ROOTS
1035 W 24TH STLOS ANGELESCA90007PC2025 INFINITE EXPANSION GRANTS INITIATIVE$40,000
JOAN
1206 MAPLE AVE STE 715LOS ANGELESCA90015PC2025 INFINITE EXPANSION GRANTS INITIATIVE$40,000
LOS ANGELES NOMADIC DIVISION
2021 W JEFFERSON BOULEVARDLOS ANGELESCA90018PC2025 INFINITE EXPANSION GRANTS INITIATIVE$38,000
LAXART DBA THE BRICK
518 N WESTERN AVELOS ANGELESCA90004PC2025 INFINITE EXPANSION GRANTS INITIATIVE$35,000
SELF HELP GRAPHICS & ART
1300 E 1ST STLOS ANGELESCA90033PC2025 INFINITE EXPANSION GRANTS INITIATIVE$35,000
HUMAN RESOURCES LOS ANGELES
410 COTTAGE HOME STLOS ANGELESCA90012PC2025 INFINITE EXPANSION GRANTS INITIATIVE$32,000
AMERICAN FRIENDS OF THE MODERNA MUSEET
115 EAST 73RD STREETNEW YORKNY10021PCGHOST AND SPIRIT SUPPORT$10,000
PRINTED MATTER INC
231 11TH AVENUENEW YORKNY10001PCLA ART BOOK FAIR GRANT$10,000
GUGGENHEIM
1071 FIFTH AVENUENEW YORKNY10128PCGRANT AWARD - RIDDLE OF THE SPHINX$5,000
THE ASPEN INSITUTE ARTIST ENDOWED FOUNATION INITIATIVE
2300 N STREET NW STE 700WASHINGTONDC20037PCCONSORTIUM OF NEX-GEN LEADERS$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$665,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$704,104ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion15ExclusionCd
Exclusion$59,977ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$556,709ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
OTHER INCOME01$2,263
LICENSING01$75,000

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$1,398,053ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,398,053TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
GETTY FOUNDATION
11200 GETTY CENTER DRIVELOS ANGELESCA90049$7,900Yes (X)
FIRST CREDIT BANK KOUROSH
29255 SUNSET BLVDWEST HOLLYWOODCA90069$5,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTINGCategoryTxt
Amt$125,501Amt
Net Investment Income$12,551NetInvestmentIncomeAmt
Disbursements Charitable Prps$112,950DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (5 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtComputation MethodComputationMethodTxtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmtPrior Year DepreciationPriorYearDepreciationAmtLifeLifeRtRtRt
LAND2022-01-01$372,263L$0$0
BUILDINGS2022-01-01$605,275SL$34,209$0$258,72820.000000000000
EQUIPMENT2022-01-01$307,943200DB$9,886$0$261,0067.000000000000
LEASEHOLD IMPROVEMENTS2022-01-01$54,285150DB$3,341$0$8,74115.000000000000
CIP2022-01-01$25,112NC$0$00.000000000000

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
US EQUITIES$10,507,093$10,507,093
EAFE EQUITIES$1,807,224$1,807,224
INTERNATIONAL EQUITIES$2,578,566$2,578,566
EMERGING MARKETS EQUITIES$1,499,704$1,499,704
FIXED INCOME FUND$6,067,238$6,067,238

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemALTERNATIVE ASSETSCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$2,263,858BookValueAmt
EOYFMV$2,263,858EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (5 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
LAND$422,371$0$422,371$422,371
BUILDINGS$630,387$292,937$337,450$337,450
LEASEHOLD IMPROVEMENTS$4,177$4,177$0
EQUIPMENT$306,626$275,979$30,647$30,647
CONSTRUCTION IN PROGRESS$0$0

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGALCategoryTxt
Legal Fees$9,234LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$9,234DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (4 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ARTWORK$61,402,090$60,846,587$60,846,587
DEPOSITS$14,115$0$0
ACCRUED INTEREST$4,201$12,704$12,704
OTHER ASSETS$11,050$0$0

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE$114,896$0$114,896
INFORMATION TECHNOLOGY$39,652$0$39,652
OFFICE EXPENSE$36,801$0$36,801
MISCELLANEOUS$837$0$837
REPAIRS & MAINTENANCE$18,035$0$18,035
DUES & SUBSCRIPTIONS$11,765$0$11,765
LICENSES & PERMITS$515$0$515
EXHIBITIONS, CONSERVATION AND ARCHIVES$8,706$0$8,706

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
ROYALTIES$59,977$59,977$59,977
OTHER INCOME$2,263$2,263
LICENSING$75,000$75,000$75,000

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAINDesc
Amt$2,312,557Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDEFERRED EXCISE TAXESDesc
BOY Book Value$39,312BOYBookValueAmt
EOY Book Value$32,145EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES$89,283$89,283$0
OTHER PROFESSIONAL FEES$97,371$0$97,371

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PROPERTY TAXES$588$0$588
EXCISE TAXES$20,358$0$0

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