MUSEUM ASSOCIATES: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: MUSEUM ASSOCIATES (EIN 95-2264067)
Tax period: 2020-07-01 to 2021-06-30
Filed: 2022-09-07
IRS object ID: 202202509349300035
Schema version: 2020v4.2
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule F
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)
Return	2022-09-07T16:24:36-05:00	ReturnTs
Tax Period End	2021-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	952302617	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SINGERLEWAK LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	10960 WILSHIRE BOULEVARD 7TH FLOOR	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	900243783	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	952264067	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MUSEUM ASSOCIATES	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MUSE	BusinessNameControlTxt
Phone	3238576142	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5905 WILSHIRE BLVD	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90036	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ANN ROWLAND	PersonNm
Person Title	CHIEF FINANCIAL OFFICER	PersonTitleTxt
Phone	3238576142	PhoneNum
Signature	2022-08-25	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ANN	PersonFirstNm
Person Last	ROWLAND	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LIOR TEMKIN	PreparerPersonNm
PTIN	P00748170	PTIN
Phone	3104773924	PhoneNum
Preparation	2022-08-25	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	LOS ANGELES COUNTY MUSEUM OF ART (LACMA)	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	ANN ROWLAND	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5905 WILSHIRE BLVD	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90036	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$132,558,530	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.LACMA.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1938	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	SEE SCHEDULE O	ActivityOrMissionDesc
Voting Members Governing Body	53	VotingMembersGoverningBodyCnt
Voting Members Independent	51	VotingMembersIndependentCnt
Total Employee	522	TotalEmployeeCnt
Total Volunteers	243	TotalVolunteersCnt
Total Gross UBI	$83,864	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$106,567,413	PYContributionsGrantsAmt
CY Contributions Grants	$54,878,591	CYContributionsGrantsAmt
PY Program Service Revenue	$38,027,322	PYProgramServiceRevenueAmt
CY Program Service Revenue	$36,836,948	CYProgramServiceRevenueAmt
PY Investment Income	$5,959,573	PYInvestmentIncomeAmt
CY Investment Income	$29,781,009	CYInvestmentIncomeAmt
PY Other Revenue	$2,617,324	PYOtherRevenueAmt
CY Other Revenue	$3,117,875	CYOtherRevenueAmt
PY Total Revenue	$153,171,632	PYTotalRevenueAmt
CY Total Revenue	$124,614,423	CYTotalRevenueAmt
PY Grants And Similar Paid	$1,427,339	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$1,117,150	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$45,196,548	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$25,810,724	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$66,511	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$4,367,094	CYTotalFundraisingExpenseAmt
PY Other Expenses	$79,330,800	PYOtherExpensesAmt
CY Other Expenses	$63,709,162	CYOtherExpensesAmt
PY Total Expenses	$126,021,198	PYTotalExpensesAmt
CY Total Expenses	$90,637,036	CYTotalExpensesAmt
PY Revenues Less Expenses	$27,150,434	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$33,977,387	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,050,295,258	TotalAssetsBOYAmt
Total Assets EOY	$1,466,501,158	TotalAssetsEOYAmt
Total Liabilities BOY	$571,120,795	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$821,808,044	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$479,174,463	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$644,693,114	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$33,635,600	ExpenseAmt
Grant	$1,117,150	GrantAmt
Revenue	$2,721,657	RevenueAmt
Desc	EXHIBITION, CURATORIAL, CONSERVATION & ART PROGRAMSLACMA PRESENTED 9 EXHIBITIONS AND PERMANENT COLLECTION INSTALLATIONS IN FISCAL 2020-2021, 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 MORE THAN 147,000 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.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$27,225,372	ExpenseAmt
Desc	FACILITY ENHANCEMENTIN FISCAL 2020-2021, LACMA CONTINUED WORK TOWARDS A MAJOR, NEW MUSEUM BUILDING. MOST OF THESE COSTS WERE CAPITALIZED AND ARE NOT REFLECTED ON THIS LINE. THIS CATEGORY OF EXPENSE ALSO REFLECTS FINANCING AND DEPRECIATION EXPENSE REPRESENTING AMORTIZATION OF THE CAPITALIZED COSTS OF CONSTRUCTING THE MUSEUM'S PHYSICAL FACILITIES, AN ACTIVITY THAT IS ONE OF THE CORE REASONS MUSEUM ASSOCIATES WAS FOUNDED.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$7,125,904	ExpenseAmt
Revenue	$101	RevenueAmt
Desc	PUBLIC AND PROTECTIVE SERVICES AND ENGAGEMENTIT IS A MUSEUM GOAL TO CONTINUOUSLY EXPAND AND SERVE AUDIENCES OF ALL AGES, ETHNICITIES, AND SOCIO-ECONOMIC BACKGROUNDS BY CREATING WELCOMING ENVIRONMENTS AND PROGRAMS. THIS IS ACCOMPLISHED THROUGH A VARIETY OF MEANS, INCLUDING ON-SITE STAFF AND CONTRACTORS PROTECTING ART AND PROVIDING SERVICE TO THE PUBLIC, SPECIAL EVENTS, PROMOTIONAL CAMPAIGNS, CAMPUS WAY-FINDING MEDIA, AND THE MUSEUM MAGAZINE.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$8,533,909	ExpenseAmt
Revenue	$34,822,476	RevenueAmt
Desc	THE MUSEUM COLLECTS WORKS OF ART IN ALL MEDIA, FROM EVERY HISTORICAL PERIOD, AND FROM EVERY CORNER OF THE GLOBE TO ENHANCE ITS PERMANENT COLLECTION. EXPENSES REFLECT FUNDS PAID BY THE MUSEUM FOR THE ACQUISITION OF ART WORKS, BUT DO NOT REFLECT THE VALUE OF IN-KIND GIFTS OF ART. THE MUSEUM OFFERS MANY EDUCATIONAL OUTREACH 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. IT ALSO PROVIDES IMAGES, INFORMATION, AND OTHER WAYS TO ACCESS ITS COLLECTIONS AND PROGRAMS THROUGH THE WEB AND MANY OTHER DIGITAL MEDIA.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$8,533,909	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$34,822,476	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$76,520,785	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (1)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	237	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	522	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	Yes (1)	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	53	GoverningBodyVotingMembersCnt
Independent Voting Member	51	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANN ROWLAND CHIEF FINANCIAL OFFICER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3238576142	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5905 WILSHIRE BLVD	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90036	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (68 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
TONY P RESSLER
CO-CHAIR OF THE BOARD/TRUS	0.50	Yes (X)	Yes (X)	$0	$0	$0
ELAINE P WYNN
CO-CHAIR OF THE BOARD/TRUS	0.50	Yes (X)	Yes (X)	$0	$0	$0
WILLOW BAY
VICE CHAIR/TRUSTEE	0.50	Yes (X)	Yes (X)	$0	$0	$0
ROBERT KOTICK
VICE CHAIR/TRUSTEE	0.50	Yes (X)	Yes (X)	$0	$0	$0
WILLIAM H AHMANSON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
WALLIS ANNENBERG
TRUSTEE	0.50	Yes (X)		$0	$0	$0
MARK ATTANASIO
TRUSTEE	0.50	Yes (X)		$0	$0	$0
AMBASSADOR NICOLE AVANT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
AMBASSADOR COLLEEN BELL
TRUSTEE	0.50	Yes (X)		$0	$0	$0
DR REBECKA BELLDEGRUN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ALISON BERG
TRUSTEE	0.50	Yes (X)		$0	$0	$0
NICOLAS BERGGRUEN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
DAVID C BOHNETT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
SUZANNE DEAL BOOTH
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JON BROOKS
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ANDREW BRANDON-GORDON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
TROY CARTER
TRUSTEE	0.50	Yes (X)		$0	$0	$0
EVA CHOW
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ANN COLGIN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JANET CROWN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
KELVIN DAVIS
TRUSTEE	0.50	Yes (X)		$0	$0	$0
KELLY DAY
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JOSHUA S FRIEDMAN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
GABRIELA GARZA
TRUSTEE	0.50	Yes (X)		$0	$0	$0
THELMA GOLDEN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
TOM GORES
TRUSTEE	0.50	Yes (X)		$0	$0	$0
SUSAN HESS
TRUSTEE	0.50	Yes (X)		$0	$0	$0
MELLODY HOBSON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
VICTORIA JACKSON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
SUZANNE KAYNE
TRUSTEE	0.50	Yes (X)		$0	$0	$0
LYN DAVIS LEAR
TRUSTEE	0.50	Yes (X)		$0	$0	$0
RICHARD MERKIN MD
TRUSTEE	0.50	Yes (X)		$0	$0	$0
WENDY STARK MORRISSEY
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JANE NATHANSON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
PETER NORTON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
GEOFF PALMER
TRUSTEE	0.50	Yes (X)		$0	$0	$0
VIVECA PAULIN-FERRELL
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JANET DREISEN REPPAPORT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
CARTER REUM
TRUSTEE	0.50	Yes (X)		$0	$0	$0
LIONEL RITCHIE
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ROBBIE ROBINSON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
STEVEN F ROTH
TRUSTEE	0.50	Yes (X)		$0	$0	$0
CAROLE BAYER SAGER
TRUSTEE	0.50	Yes (X)		$0	$0	$0
RYAN SEACREST
TRUSTEE	0.50	Yes (X)		$0	$0	$0
FLORENCE SLOAN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ERIC SMIDT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
MICHAEL G SMOOKE
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JONATHAN D SOKOLOFF
TRUSTEE	0.50	Yes (X)		$0	$0	$0
STEVE TISCH
TRUSTEE	0.50	Yes (X)		$0	$0	$0
CASEY WASSERMAN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
GREGORY ANNENBERG WEINGARTEN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
DASHA ZHUKOVA
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ANN ZIFF
TRUSTEE	0.50	Yes (X)		$0	$0	$0
MICHAEL GOVAN
CEO AND WALLIS ANNENBERG D	40.00		Yes (X)	$1,229,956	$242,567	$464,358
FRED GOLDSTEIN
SVP, GENERAL COUNSEL & SEC	40.00		Yes (X)	$430,443	$0	$86,631
ANN ROWLAND
CHIEF FINANCIAL OFFICER	40.00		Yes (X)	$65,440	$206,970	$172,504
JEFFREY BLAIR
GENERAL COUNSEL & ASSISTANT SECRETARY	40.00		Yes (X)	$102,083	$0	$4,359
DIANA VESGA
CHIEF OPERATING OFFICER	40.00			$584,325	$0	$83,334	Yes (X)
NANCY THOMAS
SR. DEPUTY DIRECTOR ART AD	40.00			$133,449	$141,036	$124,803	Yes (X)
ZOE KAHR
DEPUTY DIRECTOR FOR EXHIBITION & PLANNING	40.00			$311,850	$0	$40,908	Yes (X)
MELISSA BOMES
SVP OF DEVELOPMENT	40.00			$307,957	$0	$47,383	Yes (X)
LORI JO HARTMAN
VP, FACILITIES AND SECURITY OPERATIONS	40.00			$274,460	$0	$78,687	Yes (X)
MARK MITCHELL
BUDGET AND INVESTMENT OFFICER	40.00			$265,049	$0	$73,405	Yes (X)
STEPHANIE BARRON
SENIOR CURATOR & DEPT. HEAD	40.00			$90,892	$121,945	$113,428		Yes (X)
DIANA MAGALONI-KERPEL
DEPUTY DIRECTOR & DIRECTOR OF THE PROGRAM FOR ART	40.00			$253,225	$0	$90,606		Yes (X)
KIM WATSON
VP, DEVELOPMENT	40.00			$258,750	$0	$53,241		Yes (X)
SHELBY BOAGNI
VP, HUMAN RESOURCES	40.00			$203,400	$0	$43,342		Yes (X)
NANCY RUSSELL
DIRECTOR OF COLLECTIONS MANAGEMENT & REGISTRATION	40.00			$210,410	$0	$86,724		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,721,689	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$712,518	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,563,713	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	61	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
CLARK CONSTRUCTION GROUP
18201 VON KARMAN STE 800	IRVINE	CA	92612	CONSTRUCTION	$70,722,794
SKIDMORE OWINGS & MERRILL LLP
15 WALL STREET 24TH FLOOR	NEW YORK	NY	10005	ARCHITECTURAL CONSULTING	$11,303,385
ALLIED BARTON SECURITY SERVICES
EIGHT TOWER BRIDGE 161 WASHINGTON	CONSHOHOCKEN	PA	19428	SECURITY	$5,901,609
SWINERTON BUILDERS
2001 CLAYTON RD 7TH FLOOR	CONCORD	CA	94520	CONSTRUCTION	$2,967,080
MATA CONSTRUCTION SERVICES INC
5016 EAGLE ROCK BLVS	LOS ANGELES	CA	90041	CONSTRUCTION	$2,335,219

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	44	CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIII	Yes (X)	InfoInScheduleOPartVIIIInd
Membership Dues	$3,406,156	MembershipDuesAmt
Fundraising	$1,676,581	FundraisingAmt
Government Grants	$2,579,077	GovernmentGrantsAmt
All Other Contributions	$47,216,777	AllOtherContributionsAmt
Noncash Contributions	$5,367,754	NoncashContributionsAmt
Total Contributions	$54,878,591	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
COUNTY OPERATING CONTR	900099	$30,884,598	$30,884,598
ADMISSIONS	900099	$1,721,455	$1,721,455
EXHIBITION REVENUE	900099	$1,492,586	$1,492,586
SPECIAL PROJECT REVENU	900099	$1,229,071	$1,229,071
COLLECTION ITEMS SOLD	900099	$763,064	$763,064

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$746,174	TotalRevenueColumnAmt
Related Or Exempt Func Income	$746,174	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$36,836,948	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,061,268	TotalRevenueColumnAmt
Unrelated Business Revenue	$83,864	UnrelatedBusinessRevenueAmt
Exclusion	$7,977,404	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$135,965	TotalRevenueColumnAmt
Exclusion	$135,965	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,397,539	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,397,539	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,397,539	TotalRevenueColumnAmt
Exclusion	$1,397,539	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$19,628,596	SecuritiesAmt
Other	$9,250,000	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt
Other	$7,158,855	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$19,628,596	SecuritiesAmt
Other	$2,091,145	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$21,719,741	TotalRevenueColumnAmt
Exclusion	$21,719,741	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$66,229	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$1,676,581	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$66,229	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

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

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$1,381,248	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$719,023	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$662,225	TotalRevenueColumnAmt
Related Or Exempt Func Income	$662,225	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INSURANCE CLAIM REVENU	900099	$647,888	$647,888
ART HANDLING & OTH SVC	900099	$140,770	$140,770
FOOD SERVICES	900099	$45,062		$45,062

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$88,426	TotalRevenueColumnAmt
Exclusion	$88,426	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$922,146	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$124,614,423	TotalRevenueColumnAmt
Related Or Exempt Func Income	$37,544,235	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$83,864	UnrelatedBusinessRevenueAmt
Exclusion	$32,107,733	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$991,340	TotalAmt
Program Services	$991,340	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$83,060	TotalAmt
Program Services	$83,060	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$42,750	TotalAmt
Program Services	$42,750	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,837,183	TotalAmt
Program Services	$1,111,080	ProgramServicesAmt
Management And General	$2,075,283	ManagementAndGeneralAmt
Fundraising	$650,820	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$25,415,473	TotalAmt
Program Services	$18,364,569	ProgramServicesAmt
Management And General	$4,110,666	ManagementAndGeneralAmt
Fundraising	$2,940,238	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	-$8,693,917	TotalAmt
Program Services	-$5,741,154	ProgramServicesAmt
Management And General	-$1,954,553	ManagementAndGeneralAmt
Fundraising	-$998,210	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$3,329,035	TotalAmt
Program Services	$2,274,878	ProgramServicesAmt
Management And General	$676,407	ManagementAndGeneralAmt
Fundraising	$377,750	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,922,950	TotalAmt
Program Services	$1,360,762	ProgramServicesAmt
Management And General	$342,615	ManagementAndGeneralAmt
Fundraising	$219,573	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$582,819	TotalAmt
Program Services	$370,192	ProgramServicesAmt
Management And General	$211,319	ManagementAndGeneralAmt
Fundraising	$1,308	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$90,599	TotalAmt
Management And General	$90,599	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$32,500	TotalAmt
Management And General	$32,500	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,119,114	TotalAmt
Management And General	$1,119,114	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$6,548,130	TotalAmt
Program Services	$5,969,690	ProgramServicesAmt
Management And General	$307,979	ManagementAndGeneralAmt
Fundraising	$270,461	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$97,366	TotalAmt
Program Services	$89,647	ProgramServicesAmt
Management And General	$7,719	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,041,978	TotalAmt
Program Services	$1,984,240	ProgramServicesAmt
Management And General	$754,672	ManagementAndGeneralAmt
Fundraising	$303,066	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,462,344	TotalAmt
Program Services	$898,299	ProgramServicesAmt
Management And General	$493,104	ManagementAndGeneralAmt
Fundraising	$70,941	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$32,101	TotalAmt
Program Services	$30,440	ProgramServicesAmt
Management And General	$279	ManagementAndGeneralAmt
Fundraising	$1,382	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$11,565,467	TotalAmt
Program Services	$10,476,294	ProgramServicesAmt
Management And General	$686,088	ManagementAndGeneralAmt
Fundraising	$403,085	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$8,587	TotalAmt
Program Services	$6,469	ProgramServicesAmt
Management And General	$887	ManagementAndGeneralAmt
Fundraising	$1,231	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$15,921,574	TotalAmt
Program Services	$15,921,574	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$8,554,361	TotalAmt
Program Services	$8,352,246	ProgramServicesAmt
Management And General	$202,115	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,945,128	TotalAmt
Program Services	$1,933,701	ProgramServicesAmt
Management And General	$4,469	ManagementAndGeneralAmt
Fundraising	$6,958	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt	Management And GeneralManagementAndGeneralAmt
ART ACQUISITION	$5,274,979	$5,274,979
ART INSTALLATION & PUBL	$3,494,737	$3,463,987	$30,750
CONSTRUCTION COSTS	$2,581,360	$2,581,360
EQUIPMENT PURCHASE	$291,734	$217,480	$28,134	$46,120

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,064,284	TotalAmt
Program Services	$462,902	ProgramServicesAmt
Management And General	$541,775	ManagementAndGeneralAmt
Fundraising	$59,607	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$90,637,036	TotalAmt
Program Services	$76,520,785	ProgramServicesAmt
Management And General	$9,749,157	ManagementAndGeneralAmt
Fundraising	$4,367,094	FundraisingAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part X	Yes (X)	InfoInScheduleOPartXInd

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$26,949,582	BOYAmt
EOY	$221,993,752	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$158,120,306	BOYAmt
EOY	$160,465,869	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$7,857,190	BOYAmt
EOY	$3,474,036	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$427,871	BOYAmt
EOY	$448,234	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$81,989	BOYAmt
EOY	$61,021	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$529,444,003	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$107,924,524	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$313,410,656	BOYAmt
EOY	$421,519,479	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$270,055,601	BOYAmt
EOY	$315,716,508	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$218,766,819	BOYAmt
EOY	$282,759,333	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$54,625,244	BOYAmt
EOY	$60,062,926	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,050,295,258	BOYAmt
EOY	$1,466,501,158	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$13,823,255	BOYAmt
EOY	$12,732,042	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$33,434,828	BOYAmt
EOY	$31,952,124	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$332,258,094	BOYAmt
EOY	$332,869,009	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$477,271	BOYAmt
EOY	$295,500,572	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$8,966,000	BOYAmt
EOY	$6,722,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$182,161,347	BOYAmt
EOY	$142,032,297	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$571,120,795	BOYAmt
EOY	$821,808,044	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$147,764,979	BOYAmt
EOY	$317,873,235	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$331,409,484	BOYAmt
EOY	$326,819,879	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$479,174,463	BOYAmt
EOY	$644,693,114	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,050,295,258	BOYAmt
EOY	$1,466,501,158	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$33,977,387	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$107,909,802	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$23,631,462	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$76,352,458	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$93,207,462	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$236,833,448	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$106,567,413	CurrentTaxYearMinus1YearAmt
Current Tax Year	$54,878,591	CurrentTaxYearAmt
Total	$567,839,372	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$76,352,458	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$93,207,462	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$236,833,448	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$106,567,413	CurrentTaxYearMinus1YearAmt
Current Tax Year	$54,878,591	CurrentTaxYearAmt
Total	$567,839,372	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$33,961,052	SubstantialContributorsTotAmt
Public Support Total170	$533,878,320	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,021,580	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,704,711	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,561,065	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,423,336	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,533,504	CurrentTaxYearAmt
Total	$20,244,196	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$154,718	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year	$85,265	CurrentTaxYearMinus1YearAmt
Current Tax Year	$83,864	CurrentTaxYearAmt
Total	$323,847	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$985,764	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$786,844	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$618,377	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$378,904	CurrentTaxYearMinus1YearAmt
Current Tax Year	$922,146	CurrentTaxYearAmt
Total	$3,692,035	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$592,099,450	TotalSupportAmt
Gross Receipts Rltd Activities	$195,871,949	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.90170	PublicSupportCY170Pct
Public Support PY170	0.89360	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

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

Contributor US Address ContributorUSAddress

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)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Total Direct Lobbying TotalDirectLobbyingGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$39,179	FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$39,179	FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$125,982,020	FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$126,021,199	FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$1,000,000	FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$250,000	FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$1,000,000	CurrentYearMinus3Amt
Current Year Minus2	$1,000,000	CurrentYearMinus2Amt
Current Year Minus1	$1,000,000	CurrentYearMinus1Amt
Current Year	$1,000,000	CurrentYearAmt
Total	$4,000,000	TotalAmt

Field	Value	IRS element (for citing)
Lobbying Ceiling	$6,000,000	LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Current Year Minus2	$845	CurrentYearMinus2Amt
Current Year Minus1	$11,837	CurrentYearMinus1Amt
Current Year	$39,179	CurrentYearAmt
Total	$51,861	TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$250,000	CurrentYearMinus3Amt
Current Year Minus2	$250,000	CurrentYearMinus2Amt
Current Year Minus1	$250,000	CurrentYearMinus1Amt
Current Year	$250,000	CurrentYearAmt
Total	$1,000,000	TotalAmt

Field	Value	IRS element (for citing)
Grassroots Ceiling	$1,500,000	GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

Field	Value	IRS element (for citing)
Collection Used Other Purposes	Yes (X)	CollectionUsedOtherPurposesInd
Other Purposes	PUBLIC EDUCATION	OtherPurposesDesc

Field	Value	IRS element (for citing)
Solicited Assets Sale	Yes (1)	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$134,933,568	BeginningYearBalanceAmt
Contributions	$545,054	ContributionsAmt
Investment Earnings Or Losses	$47,396,179	InvestmentEarningsOrLossesAmt
Other Expenditures	$7,203,340	OtherExpendituresAmt
End Year Balance	$175,671,461	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$136,803,911	BeginningYearBalanceAmt
Contributions	$485,583	ContributionsAmt
Investment Earnings Or Losses	$5,535,050	InvestmentEarningsOrLossesAmt
Other Expenditures	$7,890,976	OtherExpendituresAmt
End Year Balance	$134,933,568	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$138,747,882	BeginningYearBalanceAmt
Contributions	$490,065	ContributionsAmt
Investment Earnings Or Losses	$4,331,945	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,765,981	OtherExpendituresAmt
End Year Balance	$136,803,911	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$129,257,922	BeginningYearBalanceAmt
Contributions	$3,257,836	ContributionsAmt
Investment Earnings Or Losses	$12,742,787	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,510,663	OtherExpendituresAmt
End Year Balance	$138,747,882	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$120,285,731	BeginningYearBalanceAmt
Contributions	$172,335	ContributionsAmt
Investment Earnings Or Losses	$15,062,844	InvestmentEarningsOrLossesAmt
Other Expenditures	$6,262,988	OtherExpendituresAmt
End Year Balance	$129,257,922	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.53600	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.14600	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.31800	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$32,177,991	OtherCostOrOtherBasisAmt
Book Value	$32,177,991	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$302,088,709	OtherCostOrOtherBasisAmt
Depreciation	$95,437,502	DepreciationAmt
Book Value	$206,651,207	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,814,615	OtherCostOrOtherBasisAmt
Depreciation	$1,247,098	DepreciationAmt
Book Value	$10,567,517	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$12,039,237	OtherCostOrOtherBasisAmt
Depreciation	$11,239,924	DepreciationAmt
Book Value	$799,313	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$171,323,451	OtherCostOrOtherBasisAmt
Book Value	$171,323,451	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$421,519,479	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
ABSOLUTE RETURN INVESTMENTS	$119,271,526	F
OTHER PARTNERSHIPS AND OTHER FUNDS	$163,487,807	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$282,759,333	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
INTEREST RATE SWAPS	$78,447,548
RIGHT-OF-USE LEASE LIABILITIES	$59,987,172
UNDERFUNDED PENSION LIABILITIES	$2,178,557
SPLIT-INTEREST AGREEMENT LIABILITIES	$1,419,020

Field	Value	IRS element (for citing)
Total Liability	$142,032,297	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$255,180,011	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$107,909,802	NetUnrealizedGainsInvstAmt
Other Revenue	$25,741,553	OtherRevenueAmt
Revenue Not Reported	$133,651,355	RevenueNotReportedAmt
Revenue Subtotal	$121,528,656	RevenueSubtotalAmt
Other Revenues Not Included	$3,085,767	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$3,085,767	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$124,614,423	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$85,149,444	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	-$400,091	OtherExpensesIncludedAmt
Expenses Not Reported	-$400,091	ExpensesNotReportedAmt
Expenses Subtotal	$85,549,535	ExpensesSubtotalAmt
Other Expenses Not Included	$5,087,501	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$5,087,501	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$90,637,036	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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. 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 147,000 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.
PART X, LINE 2:	THE MUSEUM IS A CALIFORNIA NONPROFIT CORPORATION AND IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS ALSO EXEMPT FROM STATE FRANCHISE TAXES. IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION TOPIC NO. 740, "UNCERTAINTY IN INCOME TAXES", THE MUSEUM RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED JUNE 30, 2021 THE MUSEUM PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS AND TO DATE HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	COGS 719,023. INVESTMENT MANAGEMENT FEES -1,119,114. UNREALIZED GAINS (LOSSES) - ON INTEREST RATE SWAP 25,961,072. CHANGE IN VALUE OF CRT 180,572.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	COLLECTION ITEMS SOLD 763,064. GIFT ANNUITY RESERVE CHANGE -187,478. DOUBTFUL PLEDGES 2,510,181.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COGS 719,023. INVESTMENT MANAGEMENT FEES -1,119,114.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	COLLECTION ITEMS PURCHASED 5,274,979. GIFT ANNUITY RESERVE CHANGE -187,478.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	0	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

Field	Value	IRS element (for citing)
Region	EAST ASIA AND THE PACIFIC	RegionTxt
Type Of Activities Conducted	TRAVELING EXHIBITIONS	TypeOfActivitiesConductedTxt

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$0	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$0	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt	Valuation Method UsedValuationMethodUsedDesc
CURATORIAL	ASIA	2	$42,000	WIRE TRANSFER	N/A
CURATORIAL	NORTH AMERICA	1	$10,000	WIRE TRANSFER	N/A

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	0	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	0	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	THE TRAVELING EXHIBIT EXPENSES WERE REIMBURSED BY THE VARIOUS MUSEUMS THAT WERE TOURED IN. THEREFORE, WE DO NOT INCLUDE ANY AMOUNT IN THE EXPENSE COLUMN OF THIS SCHEDULE.
PART III ACCOUNTING METHOD:

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd
Licensed States	CA	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	COLLECTOR'S COMMITTEE	Event1Nm
Gross Receipts Event1	$961,674	GrossReceiptsEvent1Amt
Charitable Contri Event1	$1,020,338	CharitableContriEvent1Amt
Gross Revenue Event1	-$58,664	GrossRevenueEvent1Amt
Other Direct Expenses Event1	-$58,664	OtherDirectExpensesEvent1Amt
Event2	ART & FILM GALA	Event2Nm
Gross Receipts Event2	$781,136	GrossReceiptsEvent2Amt
Charitable Contri Event2	$656,243	CharitableContriEvent2Amt
Gross Revenue Event2	$124,893	GrossRevenueEvent2Amt
Other Direct Expenses Event2	$124,893	OtherDirectExpensesEvent2Amt
Other Events Total	2	OtherEventsTotalCnt
Gross Receipts Total	$1,742,810	GrossReceiptsTotalAmt
Charitable Contributions Tot	$1,676,581	CharitableContributionsTotAmt
Gross Revenue Total Events	$66,229	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$66,229	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$66,229	DirectExpenseSummaryEventsAmt
Net Income Summary	$0	NetIncomeSummaryAmt

Field	Value	IRS element (for citing)
Explanation If No	COLLECTOR'S COMMITTE	ExplanationIfNoTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc	Purpose Of GrantPurposeOfGrantTxt
TRIPLE AUGHT FOUNDATION
HC 61 BOX 33	HIKO	NV	89017	880400144	501(C)(3)	$949,665	CASH GRANTS	N/A	CURATORIAL
EMERGING OBJECT
4739 COUNTY ROAD 18	ANTONITO	CO	81120	462980659		$41,675	CASH GRANTS	N/A	CURATORIAL

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	1	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	CURATORIAL	GrantTypeTxt
Recipient	8	RecipientCnt
Cash Grant	$83,060	CashGrantAmt
Valuation Method Used	CASH	ValuationMethodUsedDesc
Non Cash Assistance	N/A	NonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	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.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL GOVAN
CEO AND WALLIS ANNENBERG D	$1,037,956	$235,859	$0	$0	$192,000	$6,708	$264,088	$0	$0	$200,270	$1,494,044	$442,837	$0	$0
DIANA VESGA
CHIEF OPERATING OFFICER	$584,325	$0	$0	$0	$0	$0	$43,578	$0	$39,756	$0	$667,659	$0	$0	$0
FRED GOLDSTEIN
SVP, GENERAL COUNSEL & SEC	$430,443	$0	$0	$0	$0	$0	$72,452	$0	$14,179	$0	$517,074	$0	$0	$0
ANN ROWLAND
CHIEF FINANCIAL OFFICER	$65,440	$206,970	$0	$0	$0	$0	$15,818	$0	$0	$156,686	$81,258	$363,656	$0	$0
NANCY THOMAS
SR. DEPUTY DIRECTOR ART AD	$133,449	$141,036	$0	$0	$0	$0	$31,272	$0	$0	$93,531	$164,721	$234,567	$0	$0
MELISSA BOMES
SVP OF DEVELOPMENT	$307,357	$0	$0	$0	$600	$0	$45,952	$0	$1,431	$0	$355,340	$0	$0	$0
LORI JO HARTMAN
VP, FACILITIES AND SECURITY OPERATIO	$258,960	$0	$15,500	$0	$0	$0	$64,499	$0	$14,188	$0	$353,147	$0	$0	$0
ZOE KAHR
DEPUTY DIRECTOR FOR EXHIBITION & PLA	$311,250	$0	$0	$0	$600	$0	$39,652	$0	$1,256	$0	$352,758	$0	$0	$0
DIANA MAGALONI-KERPEL
DEPUTY DIRECTOR & DIRECTOR OF THE PR	$253,225	$0	$0	$0	$0	$0	$60,171	$0	$30,435	$0	$343,831	$0	$0	$0
MARK MITCHELL
BUDGET AND INVESTMENT OFFICER	$252,449	$0	$12,600	$0	$0	$0	$65,739	$0	$7,666	$0	$338,454	$0	$0	$0
STEPHANIE BARRON
SENIOR CURATOR & DEPT. HEAD	$90,892	$121,945	$0	$0	$0	$0	$22,635	$0	$0	$90,793	$113,527	$212,738	$0	$0
KIM WATSON
VP, DEVELOPMENT	$258,750	$0	$0	$0	$0	$0	$46,067	$0	$7,174	$0	$311,991	$0	$0	$0
NANCY RUSSELL
DIRECTOR OF COLLECTIONS MANAGEMENT &	$200,410	$0	$10,000	$0	$0	$0	$47,315	$0	$39,409	$0	$297,134	$0	$0	$0
SHELBY BOAGNI
VP, HUMAN RESOURCES	$202,800	$0	$0	$0	$600	$0	$42,459	$0	$883	$0	$246,742	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	THE MUSEUM PROVIDES A HOUSE FOR THE DIRECTOR, THE IMPUTED RENTAL VALUE OF WHICH IS SHOWN IN COLUMN B(III), ROW 1(I).
PART I, LINE 4A	PER A CONFIDENTIALITY AGREEMENT SIGNED BY THE ORGANIZATION, THE SEVERANCE PACKAGE PAID TO AN EMPLOYEE IS NOT OPEN FOR PUBLIC INSPECTION. HOWEVER, THIS INFORMATION WILL BE PROVIDED TO ANY GOVERNMENTAL AGENCY UPON REQUEST.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK
A	630304653	13034AN30	2021-01-21	$228,500,000	REFUNDING OF 2017 BONDS	0	0	0
CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK
B	630304653	13034AN48	2021-01-21	$71,500,000	REFUNDING OF 2017 BONDS	0	0	0
DIRECT PURCHASE - WELLS FARGO
C		13034ACT5	2021-06-07	$18,665,000	REFUNDING OF 2013 BONDS	0	0	0
DIRECT PURCHASE - UNION BANK
D		LACM2013C	2021-06-07	$16,235,000	REFUNDING OF 2013 BONDS	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$228,500,000	$228,500,000	2010	Yes (1)	Yes (1)	Yes (1)
B	$71,500,000	$71,500,000	2010	Yes (1)	Yes (1)	Yes (1)
C	$18,665,000	$18,665,000	2010	0	Yes (1)	Yes (1)
D	$16,235,000	$16,235,000	2010	0	Yes (1)	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	Yes (1)	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)	Yes (1)
D	Yes (1)	Yes (1)	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	0	0	0	Yes (1)	0	0	0	0
B	0	0	0	0	Yes (1)	0	0	0	0
C	0	0	0	0	Yes (1)	0	0	0	0
D	0	0	0	0	Yes (1)	0	0	0	0

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)
D	Yes (1)

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE K, PART I, BOND ISSUES:	FormAndLineReferenceDesc
Explanation	(A) ISSUER NAME: CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK (F) DESCRIPTION OF PURPOSE: REFUNDING OF 2017 BONDS (A) ISSUER NAME: CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK (F) DESCRIPTION OF PURPOSE: REFUNDING OF 2017 BONDS (A) ISSUER NAME: DIRECT PURCHASE - WELLS FARGO (F) DESCRIPTION OF PURPOSE: REFUNDING OF 2013 BONDS (A) ISSUER NAME: DIRECT PURCHASE - UNION BANK (F) DESCRIPTION OF PURPOSE: REFUNDING OF 2013 BONDS (A) ISSUER NAME: DIRECT PURCHASE - US BANK (F) DESCRIPTION OF PURPOSE: REFUNDING OF 2013 BONDS (A) ISSUER NAME: LOS ANGELES COUNTY PUBLIC WORKS FINANCING AUTHORITY (F) DESCRIPTION OF PURPOSE: HELP FUND LACMA EAST CAMPUS REPLACEMENT PROJECT	ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd	Bond Issuer EINBondIssuerEIN
DIRECT PURCHASE - US BANK
A	LACM2013C	2021-06-07	$8,100,000	REFUNDING OF 2013 BONDS	0	0	0
LEASE REVENUE BONDS- LOS ANGELES COUNTY PUBLIC WORKS FINANCING AUTHORITY
B	2020SERA1	2020-11-30	$300,000,000	HELP FUND LACMA EAST CAMPUS REPLACEMENT PROJECT	0	0	0	956000927

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$8,100,000	$8,100,000	2010	0	0	Yes (1)	Yes (1)
B	$300,000,000	$101,717,797	2025	0	0	0	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	Yes (1)	Yes (1)	0	0	0	Yes (1)
B	0	0	Yes (1)	Yes (1)	0	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	0	0	0	Yes (1)	0	0	0	0
B	0	0	0	0	Yes (1)	0	0	0	0

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
JOSHUA S FRIEDMAN
TRUSTEE	$137,774	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 THAT 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. LESS THAN 2% OF THE MUSEUM'S TOTAL PORTFOLIO IS INVESTED WITH MR. FRIEDMAN'S FIRM.FEES ARE BASED ON A PERCENTAGE OF ASSETS UNDER INVESTMENT MANAGEMENT AND AN INCENTIVE FEE BASED ON THE INVESTMENT PERFORMANCE.	Yes (1)
JONATHAN SOKOLOFF
TRUSTEE	$8,619	INV. MGMT FEESMR. SOKOLOFF IS ALSO A MANAGING PARTNER OF LEONARD GREEN & PARTNERS L.P., AN INVESTMENT FIRM THAT 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 LEONARD GREEN & PARTNERS IN 2012, TWO AND A HALF YEARS PRIOR TO MR. SOKOLOFF JOINING THE BOARD. MUSEUM ASSOCIATES HAS MADE NO NEW INVESTMENT COMMITMENTS WITH LEONARD GREEN & PARTNERS SINCE THE DATE OF THE INITIAL INVESTMENT.LESS THAN 1% OF THE MUSEUM'S TOTAL PORTFOLIO IS INVESTED WITH MR. SOKOLOFF'S FIRM.FEES ARE BASED ON A PERCENTAGE OF ASSETS UNDER INVESTMENT MANAGEMENT AND AN INCENTIVE FEE BASED ON THE INVESTMENT PERFORMANCE.	Yes (1)

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	157	ContributionCnt
Method Of Determining Revenues	SEE PART II	MethodOfDeterminingRevenuesTxt

Art Fractional Interest ArtFractionalInterestGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	0	ContributionCnt
Method Of Determining Revenues	SEE PART II	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	22	ContributionCnt
Noncash Contributions Rpt F990	$5,367,754	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV OF AVG. STOCK VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	40	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 32B:

THE MUSEUM USES BROKERS TO SELL SECURITIES AND USES AUCTION HOUSES AND ART DEALERS TO SELL WORKS ON CONSIGNMENT.

PART I, LINE 33:

IN CONFORMITY WITH THE PRACTICES OF MANY MUSEUMS, ART OBJECTS PURCHASED 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 NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE EXCLUDED FROM THE FINANCIAL STATEMENTS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (17 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I & PART III LINE 1, DESCRIPTION OF ORGANIZATION MISSION:	TO 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 147,000 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. THIS FISCAL YEAR, THE MUSEUM PRESENTED 9 EXHIBITIONS AND PERMANENT COLLECTION INSTALLATIONS, ACQUIRED 2,272 NEW WORKS OF ART, PROVIDED PROGRAMS FOR 13,694 SCHOOL CHILDREN. TOTAL ATTENDANCE AT THE MUSEUM WAS 264,311.
FORM 990, PART I, LINE 8:	THE DECREASE IN CONTRIBUTIONS FROM FISCAL YEAR END 06/30/20 TO FISCAL YEAR END 06/30/21 IS ATTRIBUTABLE TO THE LARGE AMOUNT OF PLEDGES AND GIFTS RECEIVED IN FY20 TOWARDS LACMA'S BUILDING LACMA CAMPAIGN. FY21 REFLECTED MATERIAL CAMPAIGN GIFTS ALSO, BUT NOT AS HIGH AS IN FY20.
FORM 990, PART I, LINE 15:	THE DECREASE IN SALARIES AND RELATED EXPENSES IS ALMOST FULLY EXPLAINED BY SWINGS IN THE ACTUARIAL COST OF THE MUSEUM'S DEFINED PENSION PLAN - DOWNWARD IN FY21 AND UPWARD IN FY20. THE FUNDED STATUS OF THE PLAN MATERIALLY IMPROVED IN FY21 DUE TO VERY STRONG PLAN ASSETS INVESTMENT PORTFOLIO RETURNS, RESULTING IN LOWER COST. IN FY20 THE FUNDED STATUS OF THE PLAN DECREASED DUE TO A DROP IN APPLICABLE INTEREST RATES, RESULTING IN HIGHER COST.
FORM 990, PART I, LINE 17:	EXPENSES WERE REDUCED ACROSS ALL AREAS OF MUSEUM ACTIVITY IN ORDER TO POSITION IT BETTER FOR FINANCIAL RISKS ASSOCIATED WITH THE COVID PANDEMIC. IN SOME CASES THE REDUCTIONS IN COST HAPPENED NATURALLY, FOR INSTANCE DUE TO MUSEUM CLOSURE AND CANCELLATION OR POSTPONEMENT OF PROGRAMS LIKE TRAVELING EXHIBITIONS.
FORM 990, PART I, LINE 20	THE INCREASE IN TOTAL ASSETS IS ALMOST COMPLETELY ATTRIBUTABLE TO THREE ITEMS. CASH EQUIVALENT INVESTMENTS ROSE DUE TO RECEIPT OF PROCEEDS FROM THE DEBT OBLIGATION WITH THE COUNTY OF LOS ANGELES TO HELP FINANCE ITS NEW BUILDING CONSTRUCTION COSTS. THE MARKET VALUE OF LACMA'S INVESTMENT PORTFOLIO INCREASED REFLECTING THE VERY STRONG POSITIVE RETURNS IN INVESTMENT MARKETS IN GENERAL AND THE INVESTMENT ALLOCATION OF ITS INVESTMENT PORTFOLIO. THE BOOK VALUE FOR BUILDINGS ROSE TO REFLECT CONSTRUCTION IN PROGRESS ON THE NEW MUSEUM FACILITY.
FORM 990, PART VI, SECTION A, LINE 1	THE MUSEUM'S BYLAWS ESTABLISH AN EXECUTIVE COMMITTEE AS ONE OF ITS STANDING COMMITTEES ELECTED ANNUALLY BY THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT, BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, ON BEHALF OF THE BOARD OF TRUSTEES, SUBJECT TO CERTAIN EXCEPTIONS, INCLUDING THOSE SET FORTH IN APPLICABLE STATE LAW. THE SCOPE OF THE COMMITTEE'S AUTHORITY, INCLUDING THE EXCEPTIONS THERETO, IS SET FORTH IN THE BYLAWS OF THE MUSEUM, WHICH ARE PUBLISHED ON THE MUSEUM'S WEBSITE. THE COMMITTEE IS COMPRISED OF THE CO-CHAIRS OF THE BOARD, THE CHAIRS OF EACH STANDING COMMITTEE OF THE BOARD AND OTHER TRUSTEES ELECTED BY THE BOARD. ALL MEMBERS OF THE COMMITTEE ARE VOTING TRUSTEES.
FORM 990, PART VI, SECTION A, LINE 2	WALLIS ANNENBERG, TRUSTEE, AND GREGORY ANNENBERG WEINGARTEN, TRUSTEE ARE MOTHER AND SON.
FORM 990, PART VI, SECTION B, LINE 11B	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 AND THE RETURN IS MADE AVAILABLE TO THE REST OF THE BOARD BEFORE IT IS ELECTRONICALLY FILED.
FORM 990, PART VI, SECTION B, LINE 12C	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 OFFICERS, KEY EMPLOYEES, AND OTHERS AN ANNUAL CONFLICT OF INTEREST FORM, WHICH KEY EMPLOYEES ARE ASKED TO COMPLETE AND RETURN TO THE GENERAL COUNSEL, WHO REVIEWS SUCH FORMS FOR POSSIBLE CONFLICTS AND MONITORS COMPLIANCE WITH LACMA'S ETHICS POLICY INCLUDING THE CONFLICT OF INTEREST POLICIES CONTAINED IN THE ETHICS POLICY.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION OF THE CEO AND DIRECTOR OF LACMA IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WITH THE PARAMETERS ESTABLISHED BY THE MULTI-YEAR EMPLOYMENT AGREEMENT ENTERED INTO BY LACMA AND THE CEO AND DIRECTOR IN 2016. THE DIRECTOR ANNUALLY DETERMINES THE COMPENSATION OF EACH OF THE OTHER OFFICERS AND KEY EMPLOYEES. IN EACH CASE, THE COMPENSATION IS BASED ON (1) THE EMPLOYEE'S PERFORMANCE DURING THE PRIOR YEAR; (2) THE CONTEXT OF LACMA'S OVERALL OPERATING BUDGET; AND (3) COMPARABILITY DATA FOR PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS. SUCH COMPARABILITY DATA IS GENERALLY PREPARED BY SENIOR MANAGEMENT, INCLUDING THE CHIEF FINANCIAL OFFICER AND THE VICE PRESIDENT OF HUMAN RESOURCES AND INCLUDES A REVIEW OF PUBLICLY FILED FORMS 990 OF OTHER, COMPARABLE INSTITUTIONS. THE PROPOSED COMPENSATION FOR ALL OFFICERS AND KEY EMPLOYEES AND THE UNDERLYING DATA, INCLUDING THE PERFORMANCE REVIEWS AND COMPARABILITY ANALYSES, ARE PRESENTED TO THE AUDIT COMMITTEE, TO DETERMINE WHETHER, IN THE AUDIT COMMITTEE'S JUDGMENT, SUCH PROPOSED COMPENSATION IS APPROPRIATE, FAIR AND REASONABLE TO LACMA. THE APPROVAL OF THE AUDIT COMMITTEE IS REPORTED TO THE FULL BOARD OF TRUSTEES AT ITS NEXT REGULARLY SCHEDULED MEETING. NOTE THAT LACMA DOES NOT HAVE A SEPARATE "COMPENSATION COMMITTEE". THE AUDIT COMMITTEE FUNCTIONS AS THE COMPENSATION COMMITTEE. ALL MEMBERS OF THE AUDIT COMMITTEE ARE INDEPENDENT TRUSTEES OF LACMA.
FORM 990, PART VI, SECTION C, LINE 19	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. THE WHISTLEBLOWER POLICY, POLICY ON REVIEW OF EXECUTIVE COMPENSATION, BOARD POLICY ON DIVERSITY, AND COLLECTIONS MANAGEMENT POLICY ARE ALSO MADE AVAILABLE ON THE MUSEUM'S WEBSITE.
PART VII, SECTION A & SCHEDULE J, PART II	ALTHOUGH THE COUNTY OF LOS ANGELES IS NOT A "RELATED ORGANIZATION", COMPENSATION PAID BY THE COUNTY OF LOS ANGELES TO CERTAIN OFFICERS AND EMPLOYEES OF THE MUSEUM LISTED IN PART VII AND SCHEDULE J, IS INCLUDED IN THE INTEREST OF TRANSPARENCY AND FULL DISCLOSURE.
FORM 990, PART VIII, LINE 7B:	PROCEEDS FROM SALE OF SECURITIES: 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.
FORM 990, PART X, LINE 25:	THE INCREASE IN OTHER LIABILITIES IS PRINCIPALLY TIED TO TWO ITEMS. THE MOST SIGNIFICANT ITEM WAS THAT LACMA ENTERED A DEBT OBLIGATION AGREEMENT WITH THE COUNTY OF LOS ANGELES TO HELP FINANCE ITS NEW BUILDING CONSTRUCTION COSTS. THE SECOND SIGNIFICANT ITEM WAS AN UNREALIZED GAIN FOR AN INTEREST RATE SWAP THAT PARTIALLY OFFSET THE NEW DEBT LIABILITY. 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 XI, LINE 9:	UNREALIZED GAINS (LOSSES) ON INTEREST RATE SWAP 25,961,072. CHANGE IN VALUE OF CRT 180,571. DOUBTFUL PLEDGES -2,510,181.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. THE MUSEUM PERIODICALLY CHANGES AUDIT FIRMS OR ROTATES PARTNERS WITHIN OUR CONTRACTED FIRM.
FORM 990 - ELECTRONIC FILING	THE ORGANIZATION IS NOW E-FILING THE 6/30/2021 INFORMATIONAL RETURN DUE TO A NOTICE RECEIVED DATED AUGUST 12, 2022 STATING THAT WE ARE REQUIRED TO E-FILE THE INFORMATIONAL RETURN. AT THE TIME OF FILING THERE WERE SOME SOFTWARE DIAGNOSTICS THAT PREVENTED US FROM E-FILING THE RETURN. HOWEVER, AFTER RECEIVING THE NOTICE THE INFORMATIONAL RETURN PREPARER WAS ABLE TO CLEAR ALL OF THE DIAGNOSTICS WITH THE SOFTWARE PROVIDER RELATING TO THE PREVIOUSLY REJECTED E-FILE RETURNS.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	CRT (2)	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5905 WILSHIRE BLVD	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90036	ZIPCd

Field	Value	IRS element (for citing)
Primary Activities	TRUST	PrimaryActivitiesTxt
Legal Domicile State	CA	LegalDomicileStateCd
Direct Controlling NA	N/A	DirectControllingNACd
Entity Type	T	EntityTypeTxt
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd