MUSEUM ASSOCIATES: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: MUSEUM ASSOCIATES (EIN 95-2264067)
Tax period: 2024-07-01 to 2025-06-30
Filed: 2026-05-13
IRS object ID: 202621339349308237
Schema version: 2024v5.5
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 L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-05-13T18:02:59-05:00	ReturnTs
Tax Period End	2025-06-30	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 BLVD SUITE 1100	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90024	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-07-01	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	3238576172	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	MICHAEL GOVAN	PersonNm
Person Title	CEO AND WALLIS ANNENBERG DIR.	PersonTitleTxt
Phone	3238576172	PhoneNum
Signature	2026-04-30	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LIOR TEMKIN	PreparerPersonNm
PTIN	P00748170	PTIN
Phone	3104773924	PhoneNum
Preparation	2026-04-30	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	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	MARK C DE BACA	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	$240,152,718	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	59	VotingMembersGoverningBodyCnt
Voting Members Independent	56	VotingMembersIndependentCnt
Total Employee	594	TotalEmployeeCnt
Total Volunteers	144	TotalVolunteersCnt
Total Gross UBI	-$498,004	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$87,956,077	PYContributionsGrantsAmt
CY Contributions Grants	$124,608,518	CYContributionsGrantsAmt
PY Program Service Revenue	$45,292,476	PYProgramServiceRevenueAmt
CY Program Service Revenue	$87,157,255	CYProgramServiceRevenueAmt
PY Investment Income	$19,228,703	PYInvestmentIncomeAmt
CY Investment Income	$19,571,775	CYInvestmentIncomeAmt
PY Other Revenue	$3,638,003	PYOtherRevenueAmt
CY Other Revenue	$4,017,673	CYOtherRevenueAmt
PY Total Revenue	$156,115,259	PYTotalRevenueAmt
CY Total Revenue	$235,355,221	CYTotalRevenueAmt
PY Grants And Similar Paid	$78,554	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$395,921	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$36,575,948	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$41,127,426	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$57,600	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$120,000	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,423,051	CYTotalFundraisingExpenseAmt
PY Other Expenses	$71,322,523	PYOtherExpensesAmt
CY Other Expenses	$82,871,527	CYOtherExpensesAmt
PY Total Expenses	$108,034,625	PYTotalExpensesAmt
CY Total Expenses	$124,514,874	CYTotalExpensesAmt
PY Revenues Less Expenses	$48,080,634	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$110,840,347	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,664,831,782	TotalAssetsBOYAmt
Total Assets EOY	$1,814,001,780	TotalAssetsEOYAmt
Total Liabilities BOY	$752,793,007	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$759,251,142	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$912,038,775	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,054,750,638	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	$52,264,450	ExpenseAmt
Grant	$395,921	GrantAmt
Revenue	$1,440,580	RevenueAmt
Desc	EXHIBITION, CURATORIAL, CONSERVATION & ART PROGRAMS:LACMA PRESENTED 16 EXHIBITIONS AND PERMANENT COLLECTION INSTALLATIONS IN FISCAL 2024-2025, FEATURING ARTWORKS FROM ITS OWN COLLECTION AND FROM LENDERS AROUND THE WORLD. PUBLIC PROGRAMS, FILMS, AND CONCERTS ARE DEVELOPED IN COORDINATION WITH SPECIAL EXHIBITIONS. MANY WORKS FROM THE MUSEUM'S COLLECTION OF OVER 150,000 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 ART INTO MEANINGFUL AESTHETIC, INTELLECTUAL, AND CULTURAL EXPERIENCES.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$18,447,184	ExpenseAmt
Desc	FACILITY ENHANCEMENT:IN FISCAL 2024-2025, 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	$15,475,056	ExpenseAmt
Revenue	$305,884	RevenueAmt
Desc	ART ACQUISITION:WORKS OF ART IN ALL MEDIA, FROM EVERY HISTORICAL PERIOD, AND FROM EVERY CORNER OF THE GLOBE ARE PURCHASED TO ENHANCE THE MUSEUM'S PERMANENT COLLECTION. SUCH ADDITIONS CONTRIBUTE TO THE MUSEUM'S GOAL OF COLLECTING SIGNIFICANT WORKS OF ART FROM A BROAD RANGE OF CULTURES AND ERAS.EXPENSES REFLECT FUNDS PAID BY THE MUSEUM FOR THE ACQUISITION OF ARTWORK DURING THE YEAR, BUT DO NOT REFLECT THE VALUE OF GIFTS OF ART. REVENUES REPRESENT THE PROCEEDS OF DEACCESSIONS FROM THE PERMANENT COLLECTION RECEIVED DURING THE FISCAL YEAR, WHICH, IN ACCORDANCE WITH MUSEUM POLICY, ARE RESTRICTED FOR THE FUTURE ACQUISITION OF ARTWORKS.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$18,981,948	ExpenseAmt
Revenue	$86,315,120	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.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$18,981,948	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$86,315,120	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$105,168,638	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	Yes (1)	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	333	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	594	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	59	GoverningBodyVotingMembersCnt
Independent Voting Member	56	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	AL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	GA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	HI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KS	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MS	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ND	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NM	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	RI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	TN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	VA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WI	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	MARK C DE BACA CONTROLLER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3238576172	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5900 WILSHIRE BLVD 15TH FLOOR	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 (72 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	0.50	Yes (X)	Yes (X)	$0	$0	$0
ELAINE P WYNN
CO-CHAIR OF THE BOARD	0.50	Yes (X)	Yes (X)	$0	$0	$0
WILLOW BAY
VICE CHAIR	0.50	Yes (X)	Yes (X)	$0	$0	$0
ROBERT KOTICK
VICE CHAIR	0.50	Yes (X)	Yes (X)	$0	$0	$0
WILLIAM H AHMANSON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
HE SHEIKHA AL MAYASSA BINT HAMAD BI
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
THE HONORABLE NICOLE AVANT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
THE HONORABLE COLLEEN BELL
TRUSTEE	0.50	Yes (X)		$0	$0	$0
DR REBECKA BELLDEGRUN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ALLISON BERG
TRUSTEE	0.50	Yes (X)		$0	$0	$0
NICOLAS BERGGRUEN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
SUZANNE DEAL BOOTH
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
JOSHUA S FRIEDMAN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
THELMA GOLDEN
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
DAVID KAPLAN
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
BOOJIN LEE
TRUSTEE	0.50	Yes (X)		$0	$0	$0
CHEECH MARIN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
RICHARD MERKIN MD
TRUSTEE	0.50	Yes (X)		$0	$0	$0
ASHLEY MERRILL
TRUSTEE	0.50	Yes (X)		$0	$0	$0
WENDY STARK MORRISSEY
TRUSTEE	0.50	Yes (X)		$0	$0	$0
WENDI MURDOCH
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JANE NATHANSON
TRUSTEE	0.50	Yes (X)		$0	$0	$0
DASHA ZHUKOVA NIARCHOS
TRUSTEE	0.50	Yes (X)		$0	$0	$0
DOMINIC NG
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
RICH PAUL
TRUSTEE	0.50	Yes (X)		$0	$0	$0
VIVECA PAULIN-FERRELL
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JANET DREISEN RAPPAPORT
TRUSTEE	0.50	Yes (X)		$0	$0	$0
CARTER REUM
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
ANDY SONG
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JIM TANANBAUM
TRUSTEE	0.50	Yes (X)		$0	$0	$0
STEVE TISCH
TRUSTEE	0.50	Yes (X)		$0	$0	$0
MAGGIE TSAI
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
GILLIAN WYNN
TRUSTEE	0.50	Yes (X)		$0	$0	$0
JEFF YABUKI
TRUSTEE	0.50	Yes (X)		$0	$0	$0
MICHAEL GOVAN
CEO AND WALLIS ANNENBERG DIRECTOR	40.00		Yes (X)	$1,412,481	$296,334	$347,304
JEFFREY BLAIR
GENERAL COUNSEL & ASSISTANT	40.00		Yes (X)	$497,919	$0	$15,560
MARK MITCHELL
CHIEF FINANCIAL OFFICER	40.00		Yes (X)	$326,828	$0	$83,269
DIANA VESGA
CHIEF OPERATING OFFICER	40.00			$853,927	$0	$84,419	Yes (X)
NANCY THOMAS
SR. DEPUTY DIRECTOR ART ADMIN AND COLLECTIONS	40.00			$120,743	$164,609	$162,965	Yes (X)
LORI JO HARTMAN
SVP, SITE OPERATIONS	40.00			$350,914	$0	$84,676	Yes (X)
ELIZABETH WIATT
SVP, DEVELOPMENT	40.00			$363,250	$0	$57,793	Yes (X)
JENNIFER FIONA RAGHEB
DEPUTY DIRECTOR FOR CURATORIAL & EXHIBITIONS	40.00			$289,800	$0	$57,472	Yes (X)
DIANA MAGALONI-KERPEL
DEPUTY DIRECTOR, PROGRAM DIRECTOR	40.00			$285,938	$0	$92,648		Yes (X)
STEPHANIE BARRON
SENIOR CURATOR & DEPT. HEAD	40.00			$85,710	$142,326	$143,788		Yes (X)
NAIMA KEITH
SVP, EDUCATION & PUBLIC PROGRAMS	40.00			$256,928	$0	$26,359		Yes (X)
BRITT SALVESEN
CURATOR & DEPT HEAD	40.00			$228,531	$0	$45,616		Yes (X)
TIFFANY AUGUST
AVP, PEOPLE & CULTURE	40.00			$218,106	$0	$44,157		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,291,075	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$603,269	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,246,026	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	70	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	Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt	CountryContractorAddress/ForeignAddress/CountryCd	Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd
CLARK CONSTRUCTION GROUP CA LP
18201 VON KARMAN STE 800	IRVINE	CA	92612	CONSTRUCTION	$129,969,672
ALLIED UNIVERSAL SECURITY SERVICES
PO BOX 31001-2374	PASADENA	CA	911102374	SECURITY	$6,937,430
SKIDMORE OWINGS & MERRILL LLP
15 WALL STREET 24TH FLOOR	NEW YORK	NY	10005	ARCHITECTURAL CONSULTING	$4,863,355
C&W FACILITY SERVICES INC
PO BOX 854002	MINNEAPOLIS	MN	554854002	CUSTODIAL SERVICES	$1,577,149
ATELIER PETER ZUMTHOR & PARTNER
				ARCHITECTURE	$1,503,361	ARCHITEKTURBURO SUSSWINKEL 20 HALD	SZ	CH-7023

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	36	CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIII	Yes (X)	InfoInScheduleOPartVIIIInd
Membership Dues	$3,407,667	MembershipDuesAmt
Fundraising	$4,572,207	FundraisingAmt
Government Grants	$1,360,174	GovernmentGrantsAmt
All Other Contributions	$115,268,470	AllOtherContributionsAmt
Noncash Contributions	$3,718,288	NoncashContributionsAmt
Total Contributions	$124,608,518	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
COUNTY OPERATING CONTR	900099	$36,723,000	$36,723,000
ADMISSIONS	900099	$4,674,131	$4,674,131
PARKING REVENUE	900099	$3,421,711	$3,421,711
EXHIBITION REVENUE	900099	$952,958	$952,958
SPECIAL PROJECTS REVEN	900099	$487,622	$487,622

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$40,897,833	TotalRevenueColumnAmt
Related Or Exempt Func Income	$40,897,833	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$87,157,255	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,419,240	TotalRevenueColumnAmt
Unrelated Business Revenue	-$498,004	UnrelatedBusinessRevenueAmt
Exclusion	$10,917,244	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$224,310	TotalRevenueColumnAmt
Exclusion	$224,310	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$2,871,899	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	$2,871,899	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,871,899	TotalRevenueColumnAmt
Exclusion	$2,871,899	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$9,152,535	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$9,152,535	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,152,535	TotalRevenueColumnAmt
Exclusion	$9,152,535	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$4,130,389	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$4,572,207	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$4,130,389	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	$1,418,672	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$667,108	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$751,564	TotalRevenueColumnAmt
Related Or Exempt Func Income	$751,564	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
FOOD SERVICES	900099	$152,765	$152,765
ALL OTHER MISC. REVENU	900099	$17,135		$17,135

Field	Value	IRS element (for citing)
Other Revenue Total	$169,900	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$235,355,221	TotalRevenueColumnAmt
Related Or Exempt Func Income	$88,061,584	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$498,004	UnrelatedBusinessRevenueAmt
Exclusion	$23,183,123	ExclusionAmt

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

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$30,000	TotalAmt
Program Services	$30,000	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$358,921	TotalAmt
Program Services	$358,921	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$7,000	TotalAmt
Program Services	$7,000	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$4,299,632	TotalAmt
Program Services	$1,495,842	ProgramServicesAmt
Management And General	$1,800,609	ManagementAndGeneralAmt
Fundraising	$1,003,181	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$31,252,390	TotalAmt
Program Services	$23,753,995	ProgramServicesAmt
Management And General	$4,845,088	ManagementAndGeneralAmt
Fundraising	$2,653,307	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	-$679,487	TotalAmt
Program Services	-$390,735	ProgramServicesAmt
Management And General	-$185,283	ManagementAndGeneralAmt
Fundraising	-$103,469	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$3,894,882	TotalAmt
Program Services	$2,853,108	ProgramServicesAmt
Management And General	$673,356	ManagementAndGeneralAmt
Fundraising	$368,418	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,360,009	TotalAmt
Program Services	$1,749,432	ProgramServicesAmt
Management And General	$404,736	ManagementAndGeneralAmt
Fundraising	$205,841	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$471,849	TotalAmt
Management And General	$471,849	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$97,369	TotalAmt
Management And General	$97,369	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$120,000	TotalAmt
Fundraising	$120,000	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,093,893	TotalAmt
Management And General	$1,093,893	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$11,395,069	TotalAmt
Program Services	$10,477,466	ProgramServicesAmt
Management And General	$829,632	ManagementAndGeneralAmt
Fundraising	$87,971	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$146,361	TotalAmt
Program Services	$128,030	ProgramServicesAmt
Management And General	$18,331	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,832,014	TotalAmt
Program Services	$3,206,707	ProgramServicesAmt
Management And General	$753,642	ManagementAndGeneralAmt
Fundraising	$871,665	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,145,763	TotalAmt
Program Services	$1,443,919	ProgramServicesAmt
Management And General	$586,425	ManagementAndGeneralAmt
Fundraising	$115,419	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$43,127	TotalAmt
Program Services	$42,428	ProgramServicesAmt
Management And General	$699	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$16,331,345	TotalAmt
Program Services	$15,222,797	ProgramServicesAmt
Management And General	$715,297	ManagementAndGeneralAmt
Fundraising	$393,251	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,124,243	TotalAmt
Program Services	$916,502	ProgramServicesAmt
Management And General	$41,616	ManagementAndGeneralAmt
Fundraising	$166,125	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$9,496,411	TotalAmt
Program Services	$9,496,411	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$9,289,953	TotalAmt
Program Services	$8,950,773	ProgramServicesAmt
Management And General	$339,180	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,135,485	TotalAmt
Program Services	$2,109,723	ProgramServicesAmt
Management And General	$10,075	ManagementAndGeneralAmt
Fundraising	$15,687	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt	Management And GeneralManagementAndGeneralAmt
ART ACQUISITION	$15,475,056	$15,475,056
ART INSTALLATION & PUBL	$5,177,749	$5,172,749	$5,000
CONSTRUCTION COSTS	$1,066,340	$1,066,340
HOSPITALITY	$832,205	$396,309	$384,565	$51,331

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,717,295	TotalAmt
Program Services	$1,205,865	ProgramServicesAmt
Management And General	$375,340	ManagementAndGeneralAmt
Fundraising	$136,090	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$124,514,874	TotalAmt
Program Services	$105,168,638	ProgramServicesAmt
Management And General	$12,923,185	ManagementAndGeneralAmt
Fundraising	$6,423,051	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	$15,935,844	BOYAmt
EOY	$27,352,080	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$175,081,994	BOYAmt
EOY	$167,224,219	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,145,073	BOYAmt
EOY	$7,289,164	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$777,266	BOYAmt
EOY	$640,020	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$405,710	BOYAmt
EOY	$114,694	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,124,985,928	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$142,353,608	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$831,114,637	BOYAmt
EOY	$982,632,320	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$277,841,769	BOYAmt
EOY	$258,214,287	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$275,012,912	BOYAmt
EOY	$293,845,300	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$83,516,577	BOYAmt
EOY	$76,689,696	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,664,831,782	BOYAmt
EOY	$1,814,001,780	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$18,254,906	BOYAmt
EOY	$29,554,716	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$28,863,419	BOYAmt
EOY	$32,319,959	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$334,701,751	BOYAmt
EOY	$335,312,665	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$279,810,449	BOYAmt
EOY	$277,400,509	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$91,162,482	BOYAmt
EOY	$84,663,293	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$752,793,007	BOYAmt
EOY	$759,251,142	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	$644,321,886	BOYAmt
EOY	$776,968,256	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$267,716,889	BOYAmt
EOY	$277,782,382	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$912,038,775	BOYAmt
EOY	$1,054,750,638	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,664,831,782	BOYAmt
EOY	$1,814,001,780	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$110,840,347	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$33,906,741	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$2,035,225	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	$54,878,591	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$86,583,680	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$130,255,128	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$87,956,077	CurrentTaxYearMinus1YearAmt
Current Tax Year	$124,608,518	CurrentTaxYearAmt
Total	$484,281,994	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$54,878,591	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$86,583,680	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$130,255,128	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$87,956,077	CurrentTaxYearMinus1YearAmt
Current Tax Year	$124,608,518	CurrentTaxYearAmt
Total	$484,281,994	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$10,368,982	SubstantialContributorsTotAmt
Public Support Total170	$473,913,012	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,533,504	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,543,126	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,022,687	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,685,223	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,096,209	CurrentTaxYearAmt
Total	$10,880,749	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$83,864	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,798	CurrentTaxYearMinus3YearsAmt
Total	$102,662	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$922,146	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$263,573	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$262,904	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$254,251	CurrentTaxYearMinus1YearAmt
Current Tax Year	$169,900	CurrentTaxYearAmt
Total	$1,872,774	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$497,138,179	TotalSupportAmt
Gross Receipts Rltd Activities	$260,986,147	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.95330	PublicSupportCY170Pct
Public Support PY170	0.94100	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

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$124,514,874	FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$124,514,874	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 Minus3	$3,072	CurrentYearMinus3Amt
Total	$3,072	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

Held Works Art HeldWorksArtGrp

Field	Value	IRS element (for citing)
Revenues Included	$55,000	RevenuesIncludedAmt

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	$173,431,519	BeginningYearBalanceAmt
Contributions	$11,694,976	ContributionsAmt
Investment Earnings Or Losses	$18,890,364	InvestmentEarningsOrLossesAmt
Other Expenditures	$8,654,158	OtherExpendituresAmt
End Year Balance	$195,362,701	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$160,494,576	BeginningYearBalanceAmt
Contributions	$4,428,223	ContributionsAmt
Investment Earnings Or Losses	$16,762,658	InvestmentEarningsOrLossesAmt
Other Expenditures	$8,253,938	OtherExpendituresAmt
End Year Balance	$173,431,519	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$158,792,895	BeginningYearBalanceAmt
Contributions	$415,215	ContributionsAmt
Investment Earnings Or Losses	$9,341,972	InvestmentEarningsOrLossesAmt
Other Expenditures	$8,055,506	OtherExpendituresAmt
End Year Balance	$160,494,576	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$175,671,461	BeginningYearBalanceAmt
Contributions	$1,171,053	ContributionsAmt
Investment Earnings Or Losses	-$8,930,379	InvestmentEarningsOrLossesAmt
Other Expenditures	$9,119,240	OtherExpendituresAmt
End Year Balance	$158,792,895	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

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

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.47900	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.21900	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.30200	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	$125,646,373	DepreciationAmt
Book Value	$176,442,336	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,814,615	OtherCostOrOtherBasisAmt
Depreciation	$4,397,662	DepreciationAmt
Book Value	$7,416,953	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$13,604,042	OtherCostOrOtherBasisAmt
Depreciation	$12,309,573	DepreciationAmt
Book Value	$1,294,469	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$765,300,571	OtherCostOrOtherBasisAmt
Book Value	$765,300,571	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$982,632,320	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
ABSOLUTE RETURN INVESTMENTS	$116,503,015	F
OTHER PARTNERSHIPS AND OTHER FUNDS	$177,342,285	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$293,845,300	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
RIGHT-OF-USE LEASE LIABILITIES	$62,818,072
INTEREST RATE SWAPS	$21,845,221

Field	Value	IRS element (for citing)
Total Liability	$84,663,293	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$266,532,047	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$33,906,741	NetUnrealizedGainsInvstAmt
Other Revenue	-$2,452,006	OtherRevenueAmt
Revenue Not Reported	$31,454,735	RevenueNotReportedAmt
Revenue Subtotal	$235,077,312	RevenueSubtotalAmt
Other Revenues Not Included	$277,909	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$277,909	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$235,355,221	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$108,651,013	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	-$426,785	OtherExpensesIncludedAmt
Expenses Not Reported	-$426,785	ExpensesNotReportedAmt
Expenses Subtotal	$109,077,798	ExpensesSubtotalAmt
Other Expenses Not Included	$15,437,076	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$15,437,076	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$124,514,874	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 OVER 150,000 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, 2025 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 667,108. INVESTMENT MANAGEMENT FEES -1,093,893. UNREALIZED GAINS (LOSSES) - ON INTEREST RATE SWAP -2,025,221.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	COLLECTION ITEMS SOLD 305,885. GIFT ANNUITY RESERVE CHANGE -27,979. ROUNDING 3.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COGS 667,108. INVESTMENT MANAGEMENT FEES -1,093,893.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	COLLECTION ITEMS PURCHASED 15,475,056. GIFT ANNUITY RESERVE CHANGE -27,979. DOUBTFUL PLEDGES -10,000. ROUNDING -1.

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	EUROPE (INCLUDING ICELAND & GREENLAND)	1	$3,500	WIRE TRANSFER	FMV
CURATORIAL	EAST ASIA AND THE PACIFIC	1	$3,500	WIRE TRANSFER	FMV

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (1)	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

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

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

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PENNINGTON GRAY LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7 WINSTON FARM LANE	AddressLine1Txt
City	FAR HILLS	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07931	ZIPCd

Field	Value	IRS element (for citing)
Activity	FUNDRAISING CONSULTATION AND PRODUCTION	ActivityTxt
Fundraiser Control Of Funds	0	FundraiserControlOfFundsInd
Gross Receipts	$1,212,386	GrossReceiptsAmt
Retained By Contractor	$120,000	RetainedByContractorAmt
Net To Organization	$1,092,386	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Gross Receipts	$1,212,386	TotalGrossReceiptsAmt
Total Retained By Contractors	$120,000	TotalRetainedByContractorsAmt
Total Net To Organization	$1,092,386	TotalNetToOrganizationAmt
Licensed States	AL	LicensedStatesCd
Licensed States	AK	LicensedStatesCd
Licensed States	AR	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	CO	LicensedStatesCd
Licensed States	CT	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	GA	LicensedStatesCd
Licensed States	HI	LicensedStatesCd
Licensed States	IL	LicensedStatesCd
Licensed States	KS	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	ME	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	MA	LicensedStatesCd
Licensed States	MI	LicensedStatesCd
Licensed States	MN	LicensedStatesCd
Licensed States	MS	LicensedStatesCd
Licensed States	NV	LicensedStatesCd
Licensed States	NC	LicensedStatesCd
Licensed States	ND	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NM	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	OH	LicensedStatesCd
Licensed States	OK	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	PA	LicensedStatesCd
Licensed States	RI	LicensedStatesCd
Licensed States	SC	LicensedStatesCd
Licensed States	TN	LicensedStatesCd
Licensed States	VA	LicensedStatesCd
Licensed States	WA	LicensedStatesCd
Licensed States	WV	LicensedStatesCd
Licensed States	WI	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	ART & FILM GALA	Event1Nm
Gross Receipts Event1	$6,359,158	GrossReceiptsEvent1Amt
Charitable Contri Event1	$3,008,650	CharitableContriEvent1Amt
Gross Revenue Event1	$3,350,508	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$3,350,508	OtherDirectExpensesEvent1Amt
Event2	COLLECTOR'S COMMITTEE	Event2Nm
Gross Receipts Event2	$2,343,438	GrossReceiptsEvent2Amt
Charitable Contri Event2	$1,563,557	CharitableContriEvent2Amt
Gross Revenue Event2	$779,881	GrossRevenueEvent2Amt
Other Direct Expenses Event2	$779,881	OtherDirectExpensesEvent2Amt
Other Events Total	2	OtherEventsTotalCnt
Gross Receipts Total	$8,702,596	GrossReceiptsTotalAmt
Charitable Contributions Tot	$4,572,207	CharitableContributionsTotAmt
Gross Revenue Total Events	$4,130,389	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$4,130,389	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$4,130,389	DirectExpenseSummaryEventsAmt
Net Income Summary	$0	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE GARDEN IN THE MACHINE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Recipient EIN	822313033	RecipientEIN
IRC Section	S CORPORATION	IRCSectionDesc
Cash Grant	$30,000	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Valuation Method Used	CASH GRANTS	ValuationMethodUsedDesc
Non Cash Assistance	N/A	NonCashAssistanceDesc
Purpose Of Grant	CURATORIAL	PurposeOfGrantTxt

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	CURATORIAL	GrantTypeTxt
Recipient	39	RecipientCnt
Cash Grant	$358,921	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)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
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 (13 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 DIRECTOR	$1,108,769	$289,626	$100,000	$0	$203,712	$6,708	$64,766	$0	$0	$282,538	$1,477,247	$578,872	$0	$0
DIANA VESGA
CHIEF OPERATING OFFICER	$853,927	$0	$0	$0	$0	$0	$42,797	$0	$41,622	$0	$938,346	$0	$0	$0
JEFFREY BLAIR
GENERAL COUNSEL & ASSISTANT	$497,919	$0	$0	$0	$0	$0	$13,200	$0	$2,360	$0	$513,479	$0	$0	$0
NANCY THOMAS
SR. DEPUTY DIRECTOR ART ADMIN AND CO	$120,743	$164,609	$0	$0	$0	$0	$21,600	$0	$0	$141,365	$142,343	$305,974	$0	$0
LORI JO HARTMAN
SVP, SITE OPERATIONS	$341,414	$0	$9,500	$0	$0	$0	$70,519	$0	$14,157	$0	$435,590	$0	$0	$0
ELIZABETH WIATT
SVP, DEVELOPMENT	$363,250	$0	$0	$0	$0	$0	$43,636	$0	$14,157	$0	$421,043	$0	$0	$0
MARK MITCHELL
CHIEF FINANCIAL OFFICER	$326,828	$0	$0	$0	$0	$0	$71,638	$0	$11,631	$0	$410,097	$0	$0	$0
DIANA MAGALONI-KERPEL
DEPUTY DIRECTOR, PROGRAM DIRECTOR	$285,938	$0	$0	$0	$0	$0	$58,887	$0	$33,761	$0	$378,586	$0	$0	$0
STEPHANIE BARRON
SENIOR CURATOR & DEPT. HEAD	$85,710	$142,326	$0	$0	$0	$0	$15,714	$0	$0	$128,074	$101,424	$270,400	$0	$0
JENNIFER FIONA RAGHEB
DEPUTY DIRECTOR FOR CURATORIAL & EXH	$289,800	$0	$0	$0	$0	$0	$43,315	$0	$14,157	$0	$347,272	$0	$0	$0
NAIMA KEITH
SVP, EDUCATION & PUBLIC PROGRAMS	$256,928	$0	$0	$0	$0	$0	$14,728	$0	$11,631	$0	$283,287	$0	$0	$0
BRITT SALVESEN
CURATOR & DEPT HEAD	$228,531	$0	$0	$0	$0	$0	$33,985	$0	$11,631	$0	$274,147	$0	$0	$0
TIFFANY AUGUST
AVP, PEOPLE & CULTURE	$208,506	$0	$9,600	$0	$0	$0	$20,090	$0	$24,067	$0	$262,263	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	THE MUSEUM PROVIDES A HOUSING ALLOWANCE FOR THE DIRECTOR, THE VALUE OF WHICH IS INCLUDED IN PART II COLUMN B(III), ROW 1(I). THE MUSEUM PROVIDED FIRST CLASS TRAVEL FOR THE DIRECTOR IN SELECT INSTANCES WHERE A PARTICULAR CARRIER DID NOT HAVE BUSINESS CLASS SEATS AVAILABLE, TOTALING $3,463.
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
CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK
C	630304653	13034ACT5	2021-06-10	$43,000,000	REFUNDING OF 2013 BONDS	0	0	0
LOS ANGELES PUBLIC WORKS FINANCING AUTHORITY
D	956000927	2020SERA1	2020-11-03	$301,292,146	FUNDING LACMA EAST CAMPUS PROJECT	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	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt
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	$43,000,000	$43,000,000	2010	Yes (1)	Yes (1)	Yes (1)
D	$301,292,146	$300,000,000	2025	0	Yes (1)	Yes (1)	$1,292,146

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	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	Variable Rate IssueVariableRateIssueInd
A	Yes (1)	Yes (1)	0
B	Yes (1)	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)	Yes (1)
D	Yes (1)	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	PART I LINE C AND LINE D:	FormAndLineReferenceDesc
Explanation	ON NOVEMBER 3, 2020 THE MUSEUM ENTERED INTO A FUNDING AGREEMENT WITH THE COUNTY OF LOS ANGELES (THE COUNTY) WHEREBY THE COUNTY LOANED THE MUSEUM $300,000,000 TO HELP FUND THE MUSEUM'S BUILDING FOR THE PERMANENT COLLECTION PROJECT FROM PROCEEDS OF LEASE REVENUE BONDS THAT THE COUNTY ISSUED. UNDER THE AGREEMENT THE MUSEUM IS RESPONSIBLE FOR THE REPAYMENT OF ALL DEBT SERVICE RELATED TO THE $300,000,000 TO THE COUNTY, ALL DEBT SERVICE IS TO BE PAID TO THE COUNTY IN JUNE EACH FISCAL YEAR FOR THE DEBT SERVICE DUE IN THE FOLLOWING FISCAL YEAR AND THE REPAYMENT OBLIGATION IS SUBORDINATE TO ALL MUSEUM EXISTING INDEBTEDNESS. ON JUNE 10, 2021, $171,500,000 IN BONDS WERE ISSUED BY CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK AS A REFUNDING OF BONDS ORIGINALLY ISSUED IN 2013. OF THAT AMOUNT, $128,500,000 WAS REDEEMED, LEAVING THE OUTSTANDING AMOUNT INDICATED IN PART I, LINE C OF $43,000,000 WHICH WAS EXTENDED ON MAY 14, 2024.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
JOSHUA S FRIEDMAN
TRUSTEE	$174,602	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 3% 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	$1,378	INV. MGMT FEESMR. SOKOLOFF IS ALSO A MANAGING PARTNER OF LEONARD GREEN & PARTNERS L.P., AN INVESTMENT FIRM WHICH IS PAID FOR MANAGEMENT SERVICES FOR INVESTING FUNDS OF THE ORGANIZATION, WHICH ARE BASED IN PART, ON REVENUES FROM THE PERFORMANCE OF THESE INVESTMENTS. MUSEUM ASSOCIATES INVESTED WITH 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)
ASHLEY MERRILL
TRUSTEE	$34,398	DESIGN COLLABORATIONMS. MERRILL IS THE FOUNDER AND CHAIRWOMAN OF LUNYA COMPANY. LUNYA IS A CLOTHING COMPANY, WHICH DESIGNED ITEMS FOR SALE IN THE MUSEUM SHOP USING ARTWORKS FROM THE MUSEUM'S COLLECTION THAT WERE IN THE PUBLIC DOMAIN. THE MUSEUM PURCHASED THE ITEMS AT WHOLESALE PRICE FOR SALE IN ITS STORE AND LUNYA PAID THE MUSEUM A 10% COMMISSION ON THE GROSS SALES OF THESE SAME ITEMS SOLD BY THEM.	0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	193	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
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	29	ContributionCnt
Noncash Contributions Rpt F990	$3,718,288	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV OF AVG. STOCK VALUE	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	CRYPTO	5	$150,121	FMV OF CRYPTO ASSET
Yes (X)	NFTS	5	$0	SEE PART II

Field	Value	IRS element (for citing)
Form8283 Received	36	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 (16 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 OVER 150,000 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 16 EXHIBITIONS AND PERMANENT COLLECTION INSTALLATIONS, ACQUIRED 315 NEW WORKS OF ART, PROVIDED PROGRAMS FOR 17,995 SCHOOL CHILDREN. TOTAL ATTENDANCE AT THE MUSEUM WAS 815,164.
FORM 990, PART I, LINE 8 AND LINE 19:	THE INCREASE IN CONTRIBUTIONS FROM FISCAL YEAR END 06/30/24 TO FISCAL YEAR END 06/30/25 IS ATTRIBUTABLE TO AN INCREASE IN GIFTS FOR LACMA'S BUILDING CAMPAIGN AS CONSTRUCTION PROGRESSES.
FORM 990, PART VI, SECTION A, LINE 1A	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 GENERAL COUNSEL OF THE MUSEUM SENDS OFFICERS, KEY EMPLOYEES, AND OTHERS AN ANNUAL CONFLICT OF INTEREST FORM, WHICH KEY EMPLOYEES ARE ASKED TO COMPLETE AND RETURN, 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 2022. 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 AVP 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 VII AND SCHEDULE J	THE TITLES LISTED ON FORM 990 PART VII AND SCHEDULE J PART II ARE FOR THE FISCAL YEAR THIS RETURN COVERS, AS OF 6/30/2025, WHILE COMPENSATION AMOUNTS ARE FOR THE CALENDAR YEAR ENDING IN THE FISCAL YEAR, PER 990 INSTRUCTIONS.
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 IX, LINE 8:	AS IS TYPICAL FOR DEFINED BENEFIT PLANS, WHEN INTEREST RATES RISE, THE PLAN'S FUNDED STATUS IMPROVES. A MATERIAL INCREASE IN THE APPLICABLE INTEREST RATES RESULTED IN A SUBSTANTIAL DECREASE IN PENSION EXPENSE - TO THE POINT THAT EXPENSES WERE NEGATIVE FOR FY25.
FORM 990, PART X, LINE 10C:	THE INCREASE ON THIS LINE REFLECTS CAPITALIZING SPENDING ON LACMA'S NEW BUILDING FOR THE PERMANENT COLLECTION.
FORM 990, PART X, LINE 11:	THE DECREASE ON THIS LINE REFLECTS SPENDING OF CAMPAIGN PROCEEDS ON CONSTRUCTION PROJECT.
FORM 990, PART XI, LINE 9:	UNREALIZED GAINS (LOSSES) ON INTEREST RATE SWAP -2,025,221. DOUBTFUL PLEDGES -10,000. ROUNDING -4.
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.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

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