2023-11-14T16:48:29-06:00 2022-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST SUITE 1400 BELLEVUE WA 98004 990PF 2022-01-01 273032164 THE BROAD THEB 2132326220 300 SOUTH GRAND AVENUE 1800 LOS ANGELES CA 90071 ALYSA GERLACH COO/TREASURER 3109545027 2023-11-13 1 ALYSA GERLACH 999009999 0 JENNIFER BECKER HARRIS P00183358 4254544919 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X 553133729 X 4910279 288201 288201 288201 429386 429386 429386 339408 0 0 119342 6168550 2578751 3589799 3589799 18238714 0 4200991 27456379 717587 8627719 820755 0 0 820755 5020478 23143 1678282 3342196 1530507 0 226319 1304188 109830 25597 25597 84233 39819 1991 4128 35691 5357971 14100 1676736 3681235 1213321 0 0 1213321 26508 0 0 26508 4364890 34188 307826 879536 0 99187 780349 399941 0 1047 398894 43505 0 0 43505 5675846 0 1730679 3611263 25482907 99019 5749801 15342138 0 0 25482907 99019 5749801 15342138 1973472 618568 2877918 171403 820557 820557 26094180 26101611 26101611 1188878 627224 1188878 1188878 364087597 368169217 364087597 364087597 1588269 1465528 1465528 239623 495237 495237 8000000 33333 7966667 7966667 181565023 32420245 152416807 149144778 149144778 1862876 1862876 1862876 551169599 553133729 553133729 861877 5429715 146236529 141659349 468925 468925 147567331 147557989 X 403602268 405575740 403602268 405575740 551169599 553133729 403602268 1973472 0 405575740 0 405575740 8598 0 8598 0 8598 25637 0 0 0 25637 X 0 17039 17039 0 0 0 0 0 0 0 0 0 1 1 0 1 1 CA 1 1 0 0 0 1 WWW.THEBROAD.ORG JULIE BAKER 3109545026 300 SOUTH GRAND AVENUE STE 1800 LOS ANGELES CA 90071 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 JOANNE HEYLER 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 PRESIDENT, DIRECTOR, FOUNDING DIRECTOR 30.00 480000 35478 0 DEBORAH KANTER 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 SECRETARY, DIRECTOR 5.00 0 0 0 ALYSA GERLACH 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 TREASURER, COO (PART YEAR) 34.00 340755 38972 0 KELLY BEREN 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 ASSISTANT TREASURER 5.00 139040 13285 0 ROBERT H TUTTLE 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 CHAIRMAN, DIRECTOR 5.00 0 0 0 JAY WINTROB 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR, TREASURER (PART YEAR) 1.00 0 0 0 BRUCE KARATZ 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR 1.00 0 0 0 TOM CAMPBELL 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR 1.00 0 0 0 SHERRY LANSING 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR 1.00 0 0 0 EDYTHE L BROAD 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR 1.00 0 0 0 SUZANNE NORA JOHNSON 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR 1.00 0 0 0 JESSE CASSO JR 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR 1.00 0 0 0 MICHAEL V DRAKE 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR 1.00 0 0 0 MONICA C LOZANO 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR 1.00 0 0 0 EDWARD PATUTO 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR OF AUDIENCE 40.00 185794 43484 0 RICHARD MITCHELL 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR OF FACILITI 40.00 168133 29363 0 WILLIAM R HUDSON IV 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR OF RETAIL O 40.00 137587 24731 0 ALEXANDRA WILLIAMS 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR OF VISITOR 40.00 127500 13686 0 HEIDI QUICKSILVER 300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES CA 90071 DIRECTOR OF TECHNOLO 40.00 132858 7677 0 23 CALIFORNIA PROTECTION & INVESTIGATION SERVICES 1525 AVIATION BLVD 243 REDONDO BEACH CA 90278 SECURITY 1929519 FAMILY OFFICE FINANCIAL SERVICES 300 SOUTH GRAND AVE SUITE 1800 LOS ANGELES CA 90071 ACCTG, HR, TAX, IT 883256 ABM ONSITE SERVICES PO BOX 52609 LOS ANGELES CA 90074 JANITORIAL 637474 DILLER SCOFIDIO RENFRO 601 W 26TH ST 1815 NEW YORK CITY NY 10001 DESIGN 385410 SIEMENS INDUSTRY INC PO BOX 2134 CAROL STREAM IL 60132 TECHNOLOGY 266809 24 THE BROAD MUSEUM, WHICH HAS 50,000 SQUARE FEET OF PUBLIC EXHIBITION SPACE, 21,000 SQUARE FEET OF COLLECTION STORAGE SPACE, AND A 200-PERSON PUBLIC LECTURE HALL, IS HOME TO THE MORE THAN 2,000 WORKS OF CONTEMPORARY ART IN THE BROAD COLLECTIONS. SINCE IT OPENED IN SEPTEMBER 2015, THE BROAD HAS OFFERED FREE GENERAL ADMISSION, AND HAS ATTRACTED A DIVERSE AUDIENCE OF NEARLY 4.48 MILLION VISITORS THROUGH 2022. IN ADDITION, THE BROAD PRESENTS A RANGE OF PUBLIC PROGRAMS--FAMILY WORKSHOPS, FILM, LECTURES, AND PERFORMANCES--ABOUT THE COLLECTIONS AND PROMOTES THE CULTURAL AND CIVIC VITALITY OF LOS ANGELES BY PROVIDING A PUBLIC OUTDOOR PLAZA AND A CONVENIENT PARKING GARAGE TO FACILITATE GREATER ENGAGEMENT OF THE PUBLIC WITH DOWNTOWN LOS ANGELES. 26381810 0 0 26487313 1336986 27824299 0 0 27824299 417364 27406935 1370347 X 15342138 0 5633941 20976079 2010-05-28 X 1370347 829470 179896 906072 3285785 1164795 705050 152912 770161 2792917 20976079 20039549 23853274 22513202 87382104 0 0 0 0 0 20976079 20039549 23853274 22513202 87382104 0 0 913565 706939 692754 604048 2917306 0 0 0 0 X 0 0 EXHIBITS, TICKETED PROG. 2064081 14 288201 16 339408 459420 171313 3418486 MUSEUM PARKING 03 2131252 INSURANCE PROCEEDS 25000 GAAP DISCOUNT ON PLEDGES 13918381 REIMBURSEMENTS 100000 171313 2758861 19525948 22456122 1A SPECIAL EXHIBITIONS, ART TALKS AND GROUP TICKETS PROVIDE EDUCATION AND ACCESS TO WORLD-CLASS CONTEMPORARY ART. 10 PROMOTION OF ACCESS TO CONTEMPORARY ART 11B PROCEEDS FOR MUSEUM QUALIFYING DISTRIBUTION 11C GAAP DISCOUNT ON CURRENT YEAR PLEDGES 11D REIMBURSEMENTS FOR MUSEUM QUALIFYING DISTRIBUTIONS 0 0 0 0 0 0 0 0 0 0 X X 1 THE ELI AND EDYTHE BROAD FOUNDATION 300 SOUTH GRAND AVENUE STE 1800 LOS ANGELES CA 90071 3217600 X 2 EAST WEST BANK 135 N LOS ROBLES AVENUE PASADENA CA 91101 1014365 X 3 INSTITUTE OF MUSEUM AND LIBRARY SERVICES 955 LENFANT PLAZA NORTH SW SUITE 40 WASHINGTON DC 20024 371414 X 4 VAN CLEEF & ARPELS 645 FIFTH AVENUE 5TH FLOOR NEW YORK NY 10022 300000 X 5 THE J PAUL GETTY TRUST 1200 GETTY CENTER DRIVE 401 LOS ANGELES CA 90049 6900 X AUDIT AND TAX 39819 1991 4128 35691 OTIUM BUILDING 2022-11-01 8000000 SL 39.000000000000 34188 34188 34188 CONTRIBUTION RECONCILIATION, PT 1, LINE 1 & SCH B 990PF, PART 1, LINE 1 CONTRIBUTIONS, GIFTS AND GRANTS RECEIVED ON PART 1, LINE 1 AND SCHEDULE B REFLECT 2022 ACCRUAL CONTRIBUTIONS WITHOUT REGARD TO THE DISCOUNT OF $13,918,381. THE DISCOUNT IS REFLECTED ON PART 1, LINE 11. DONATIONS RECEIVED IN 2022 (CASH BASIS) WERE $22,910,280. FORM 990PF, PART VII-B, LINE 1A(3) AND 1A(4) STATEMENTS REGARDING ACTIVITIES FOR WHICH FORM 4720 MAY BE REQUIREDPART VII-B, LINE 1A(3)THERE ARE DISQUALIFIED PERSONS WHO FURNISH THE FOUNDATION WITH IN-KIND SERVICES AND USE OF FACILITIES IN ORDER TO GOVERN THE FOUNDATION'S CHARITABLE ACTIVITIES. THE SERVICES AND USE OF THE FACILITY ARE PROVIDED FREE OF CHARGE. THESE ACTIVITIES ARE NOT AN ACT OF SELF-DEALING AS CODIFIED IN IRC SECTION 4941(D)(2)(C).KELLY BEREN'S COMPENSATION IS PART OF THE FEES CHARGED BY FAMILY OFFICE FINANCIAL SERVICES, LLC (FOFS). THE PORTION OF FEES CHARGED BY FOFS FOR KELLY'S COMPENSATION ARE BASED ON AN ALLOCATION OF TIME THAT KELLY DEVOTES TO THE BROAD. FORM 990PF, PART VII, LINE 1 AND 3 PER THE FORM INSTRUCTIONS, AN ALLOCATION OF DIRECTORS AND OFFICERS COMPENSATION HAVE BEEN DISCLOSED ON PART VII, LINE 1 WHICH ARE PAID BY THE FOUNDATION TO FAMILY OFFICE FINANCIAL SERVICES THROUGH A SERVICES AGREEMENT. THE COMPENSATION IS FOR SERVICES THE DIRECTORS AND OFFICERS PROVIDE TO THE FOUNDATION SEPARATE FROM THEIR DUTIES AS DIRECTORS OR OFFICERS. NO ADJUSTMENTS HAVE BEEN MADE TO THE AMOUNTS ON PART I LINE 13 OR PART VII LINE 3. PLAZA BUILDING 8000000 33333 7966667 7966667 BUILDING 163814451 30577677 133236774 133236774 FURNITURE AND FIXTURES 970499 954393 16106 16106 COMPUTERS AND EQUIPMENT 1139171 686809 452362 452362 SOFTWARE 201366 201366 0 CONSTRUCTION IN PROGRESS 2243783 0 2243783 2243783 LAND 13195753 0 13195753 13195753 LEGAL 84233 0 0 84233 LEGAL FEES - RENTAL 25597 25597 25597 0 THE CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK NONE 150000000 141659349 2021-05 2031-06 10 YR @ 5%, PAYABLE SEMI-ANNUALLY, EFF YLD 0.903% 5.000000000000 SECURITY INTEREST IN $161,000,000 OF GROSS CONTRIBUTIONS RECEIVABLE DESIGN, DEVELOPMENT AND CONSTRUCTION OF MUSEUM PROJECT TAX EXEMPT BOND PROCEEDS 150893049 PROGRAM RELATED INVESTMENT 1862876 1862876 1862876 ART EXPENSE 849396 0 -530 849926 MAINTENANCE AND REPAIRS 892956 0 81228 811728 LICENSING 146002 0 129678 16324 BANK FEES 174827 0 173608 1219 OFFICE EXPENSE & OTHER COSTS 975229 0 296672 678557 PARKING 979485 0 977442 2043 INSURANCE 295007 0 4368 290639 BOND COST 17030 0 0 17030 EVENT & PROMOTION 1152991 0 68213 1084778 TECHNOLOGY 191113 0 0 191113 ACCRUAL TO CASH ADJUSTMENT 0 0 0 -333904 EXHIBITION TOUR FEES 1810 0 0 1810 EXHIBITS, TICKETED PROG. 2064081 2064081 MUSEUM PARKING 2131252 2131252 INSURANCE PROCEEDS 25000 5658 GAAP DISCOUNT ON PLEDGES 13918381 0 REIMBURSEMENTS 100000 0 INTEREST PAYABLE 468925 468925 PROGRAM RELATED FEES 620616 0 16465 604151 OTHER PROF FEES 1062469 0 0 1062469 CLEANING FEES 599345 0 31535 567810 MUSEUM SECURITY 2015986 0 1562866 453120 PUBLIC RELATIONS 176542 0 0 176542 SERVICE FEES 875963 7050 58820 817143 SERVICE FEES - RENTAL 7050 7050 7050 0 OTHER TAXES 2556 0 0 2556 FEDERAL 18500 0 0 18500 STATE 5452 0 0 5452