THE MUSEUM OF CONTEMPORARY ART LOS ANGELES Charity Report

Public IRS 990 nonprofit record

THE MUSEUM OF CONTEMPORARY ART LOS ANGELES

EIN 95-3433820 · Arts, Culture & Humanities (A510)

What they do

THE MUSEUM of CONTEMPORARY ART (THE MUSEUM) is A CALIFORNIA NONPROFIT CORPORATION ESTABLISHED IN 1979 AS THE ONLY ARTIST-FOUNDED MUSEUM IN LOS ANGELES. THE MUSEUM is DEDICATED to COLLECTING and EXHIBITING CONTEMPORARY ART and HOUSES ONE of THE MOST COMPELLING COLLECTIONS of CONTEMPORARY ART IN THE WORLD, COMPRISING APPROXIMATELY8,000 OBJECTS.THE MUSEUM is COMMITTED to THE COLLECTION, PRESENTATION, and INTERPRETATION of ART CREATED AFTER 1940, IN ALL MEDIA, and to PRESERVING THAT WORK for FUTURE GENERATIONS. THE MUSEUM PROVIDES LEADERSHIP IN THE FIELD BY IDENTIFYING and PRESENTING THE MOST SIGNIFICANT and CHALLENGING ART of OUR TIME, ACTIVELY SUPPORTING THE CREATION of NEW WORK, and PRODUCING ORIGINAL SCHOLARSHIP. THE MUSEUM ENGAGES AUDIENCES THROUGH AN AMBITIOUS PROGRAM of FREE EXHIBITIONS, EDUCATIONAL PROGRAMS, and PUBLISHING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders45 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

65.46%of revenue went to mission work72.9% of expenses · Program services

5.08%of revenue went to fundraising5.7% of expenses

$89.77spent for every $100 of revenueRevenue covered expenses this year.

19.23%of revenue went to management and office costs21.4% of expenses

$8.37in assets for every $1 spent this yearSome assets cannot be spent right away.

75.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $936,550 for JOHANNA BURTON UNTIL 0825 (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$29,554,913

Mission workProgram services$19,347,49465.46% of revenue72.9% of expenses

ManagementOffice and general costs$5,684,10319.23% of revenue21.4% of expenses

FundraisingAsking for donations$1,500,4405.08% of revenue5.7% of expenses

Revenue left after expensesReported annual surplus$3,022,87610.23% of revenueShown in gray on the chart

Total expenses$26,532,03789.77% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 72.9% mission · 21.4% management · 5.7% fundraisingTotal expenses: 89.77% of revenue

2023Expense mix: 71.9% mission · 22.3% management · 5.8% fundraisingTotal expenses: 105.70% of revenue

2022Expense mix: 69.6% mission · 22.5% management · 7.9% fundraisingTotal expenses: 142.76% of revenue

2021Expense mix: 62.5% mission · 29.3% management · 8.1% fundraisingTotal expenses: 71.42% of revenue

2020Expense mix: 59.3% mission · 34.7% management · 6.0% fundraisingTotal expenses: 98.51% of revenue

2019Expense mix: 68.1% mission · 24.9% management · 6.9% fundraisingTotal expenses: 88.81% of revenue

2018Expense mix: 67.9% mission · 22.8% management · 9.2% fundraisingTotal expenses: 77.87% of revenue

2017Expense mix: 69.6% mission · 21.8% management · 8.6% fundraisingTotal expenses: 112.79% of revenue

Money in and money out

Revenue$29,554,913

Expenses$26,532,037

Annual surplus $3,022,876 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$19,347,494 · 72.9% of expenses

Management and office costs$5,684,103 · 21.4% of expenses

Fundraising$1,500,440 · 5.7% of expenses

See all reported dollar amounts

Revenue$29,554,913

Expenses$26,532,037

Assets$222,192,415

Income$71,679,836

Contributions$22,168,637

Mission work (program services)$19,347,494

Fundraising$1,500,440

Management and general$5,684,103

Executive compensation (total)$1,680,215

Stocks and bonds$21,423,827

Accounting fees$97,846

Investing fees$716,546

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOHANNA BURTON UNTIL 0825DIRECTOR · 40 hrs/week $936,550Base $904,292 · Other $32,258

CLARA KIMCHIEF CURATOR & DIRECTOR OF CULTURAL AFFAIRS · 40 hrs/week $275,907Base $252,094 · Other $23,813

JILL DAVISCHIEF OPERATING OFFICER · 40 hrs/week $263,917Base $251,944 · Other $11,973

JESSICA NUNNCHIEF PEOPLE & CULTURE OFFICER · 40 hrs/week $248,331Base $228,627 · Other $19,704

LISA MARKCHIEF OF PUBLIC ENGAGEMENT, LEARNING, AND IMPACT · 40 hrs/week $242,193Base $218,169 · Other $24,024

DANIELLE BIASCHIEF COMMUNICATION OFFICER · 40 hrs/week $237,731Base $218,216 · Other $19,515

ASA HURSHCHIEF ADVANCEMENT OFFICER · 40 hrs/week $205,662Base $194,644 · Other $11,018

MEREDITH KINGDIRECTOR OF FINANCE · 40 hrs/week $179,510Base $160,165 · Other $19,345

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (45)

JOHANNA BURTON UNTIL 0825DIRECTOR

CLARA KIMCHIEF CURATOR & DIRECTOR OF CULTURAL AFFAIRS

JILL DAVISCHIEF OPERATING OFFICER

JESSICA NUNNCHIEF PEOPLE & CULTURE OFFICER

LISA MARKCHIEF OF PUBLIC ENGAGEMENT, LEARNING, AND IMPACT

DANIELLE BIASCHIEF COMMUNICATION OFFICER

ASA HURSHCHIEF ADVANCEMENT OFFICER

MEREDITH KINGDIRECTOR OF FINANCE

MICHAEL HARRISON FROM 0125DEPUTY DIRECTOR & CFO

WONMI KWONTRUSTEE

MARIA SEFERIANBOARD CHAIR

MARY KLAUS MARTINTRUSTEE

VIDA YAGHMAITRUSTEE

TIM DISNEY UNTIL 0725TRUSTEE

THE HONORABLE KAREN BASSTRUSTEE

MAURICE MARCIANOTRUSTEE, CHAIR EMERITUS

TALA MADANITRUSTEE

NANCY KWON MERRIHEWTRUSTEE

ORNA AMIR WOLENSTRUSTEE

JULIE WAINWRIGHTTRUSTEE

PETE SCANTLANDTRUSTEE

RODNEY MCMILLIANTRUSTEE

SEAN PARKERTRUSTEE

STEVEN RICE FROM 225TRUSTEE

TERRI SMOOKETRUSTEE

SUSAN GERSHTRUSTEE

COUNCIL PRES MARQUEECE HARRIS-DAWSOEX-OFFICIO

BARBARA KRUGERTRUSTEE

BERRY STEINTRUSTEE

BLAKE JOHNSON FROM 724TRUSTEE

CARLO TRAGLIOTRUSTEE

CAROLYN CLARK POWERSBOARD PRESIDENT

CHRISTINA QUARLESTRUSTEE

CHRISTOPHER V WALKERTRUSTEE

CLIFFORD J EINSTEINTRUSTEE, CHAIR EMERITUS

CORINNE OPMAN UNTIL 0625TRUSTEE

MARGARET MORGAN FROM 1024TRUSTEE

COUNCIL PRES PAUL KREKORIANTRUSTEE (UNTIL 10/24)

DEBORAH IRMASTRUSTEE

EUGENIO LOPEZ ALONSOVICE-CHAIR

HEATHER PODESTA UNTIL 0425SECRETARY

JEFFREY SOROSTRUSTEE, PRESIDENT EMERITUS

JENNIFER HAWKS DJAWADITRUSTEE (UNTIL 06/25)

KARYN KOHLTRUSTEE

KATHI B CYPRESTRUSTEE

About this charity

Recognized since: January 1980
Location: 250 S GRAND AVE, LOS ANGELES, CA 90012-3007
County: Los Angeles
In care of: % TUTTLE & TAYLOR INC
Primary officer: MICHAEL HARRISON, DEPUTY DIR. & CFO

How to reach them

WebsiteVisit the charity’s website Phone(213) 621-2766

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GREEN HASSON & JANKS LLP
NTEE classification: Arts, Culture & Humanities (A510)
IRS tax category: Museums