Cause IQ organization profile

Museum Associates (LACMA)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

LACMA is a art museum based in Los Angeles, CA that was founded in 1938. As of 2018 they had $144 million in revenue and $765 million in assets.

Los Angeles County Museum of Art (LACMA) has been devoted to collecting works of art that span both history and geography, in addition to representing Los Angeles's uniquely diverse population.

Previous legal names or variations of their name include: Los Angeles County Museum Of Art.

EIN:
95-2264067
City:
State:
Website:
Phone:
(323) 857-6000
Twitter:
Founded:
1938
Type:
501(c)(3)
NTEE:
Revenue:
$144,174,390
Assets:
$765,515,040
Employees:
650
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at LACMA

Exhibition, curatorial, conservation & Art programslacma presented 31 exhibitions and permanent collection installations in fiscal 2015-2016, 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 130,000 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.

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.

Facility enhancementfinancing and depreciation expense represent 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. This category of expense also reflects on-going activity for projects that were not capitalized, such as architectural planning.

Form 990s for LACMA

Fiscal year endingDate received by IRSFormPDF link
2018-06Jul 25, 2019990View PDF
2017-06Jul 25, 2018990View PDF
2016-06Aug 17, 2017990View PDF
2015-06Jul 29, 2016990View PDF
2014-06Aug 20, 2015990View PDF
...and five more Form 990 PDFs

Financials for LACMA

Field2018
Total grants, contributions, etc.$93,207,462
Program services$39,118,436
Investment income and dividends$2,177,778
Tax-exempt bond proceeds$0
Royalty revenue$284,108
Net rental income$1,397,539
Net gain from sale of non-inventory assets$2,949,156
Net income from fundraising events$2,949,156
Net income from gaming activities$0
Net income from sales of inventory$1,065,483
Miscellaneous revenues$1,025,272
Total revenues$144,174,390

Vendors for LACMA

VendorServicesAmount paidDate
DrupalContent management system software2020-06-27
█████████Marketing software2020-06-27
██████ ██████ █████ ███Audit accounting2016-12-31
███ ████████ ███Investment advisory (plan)$13,3452016-12-31
█████ ████████ ███████Investment management$6,5682016-12-31
████████████ ██████████ █████████Investment management; Claims processing, Recordkeeping and information management (computing, tabulating, data processing, etc.), Investment management, Participant loan processing, Participant communication$40,8382016-12-31
████████ █████████ ████████Securities brokerage2016-12-31
████████████ █████████ ████ █████████ ███████Insurance2016-12-31
...and eight more vendors

Personnel at LACMA

NameTitleCompensationMost recent data
Michael GovanChief Executive Officer and Wallis Annenberg Director$883,170May 27, 2020
Diana VesgaChief Operating Officer$372,137May 27, 2020
███ ███████Chief Financial Officer$70,252May 27, 2020
███████ █████Senior Vice President of Development and Audience Strategy$313,979May 27, 2020
████ ███████Senior Vice President of Education and Public Programs$141,441Dec. 10, 2018
█████ █████Vice President of Education and Public Programs-May 27, 2020
████ █████████Senior Vice President , General Counsel and Secretary$316,256May 27, 2020
██████ ██████Senior Curator and Department Head of Costume and Textiles-May 27, 2020
█████ ████████Deputy Director , Program Director / Director of the Program for Art of the Ancient Americas-May 27, 2020
██████ ██ ████Chairs of the Board$0May 27, 2020
...and seven more key personnel

Peer art museums

 NameTypeRevenueLocation
1Fine Arts Museums of San Francisco501(c)(3)$50 millionSan Francisco, CA
2Armand Hammer Museum of ART AND CULTURAL Center501(c)(3)$51 millionLos Angeles, CA
3Asian Art Museum Foundation of San Francisco501(c)(3)$49 millionSan Francisco, CA
4San Francisco Museum of Modern Art501(c)(3)$88 millionSan Francisco, CA
5Museum of Fine Arts501(c)(3)$133 millionBoston, MA
6Seattle Art Museum501(c)(3)$55 millionSeattle, WA
7Winterthur Museum Garden and Library501(c)(3)$42 millionWinterthur, DE
8Denver Art Museum501(c)(3)$73 millionDenver, CO
9Crystal Bridges Museum of American Art501(c)(3)$237 millionBentonville, AR
10Barnes Foundation501(c)(3)$36 millionPhiladelphia, PA
11Peabody Essex Museum501(c)(3)$51 millionSalem, MA
12Solomon R. Guggenheim Foundation (SRGF)501(c)(3)$77 millionNew York, NY
13Museum of Modern Art501(c)(3)$283 millionNew York, NY
14Metropolitan Museum of Art501(c)(3)$574 millionNew York, NY
15Minneapolis Institute of Art501(c)(3)$45 millionMinneapolis, MN
16Georgia O'Keeffe Museum501(c)(3)$36 millionSanta Fe, NM
17Cleveland Museum of Art (CMA)501(c)(3)$63 millionCleveland, OH
18Whitney Museum of American Art501(c)(3)$85 millionNew York, NY
19The Detroit Institute of Arts501(c)(3)$64 millionDetroit, MI
20Philadelphia Museum of Art501(c)(3)$73 millionPhiladelphia, PA
21National Gallery of Art (NGA)501(c)(3)$277 millionWashington, DC
22The Museum of Fine Arts Houston501(c)(3)$166 millionHouston, TX
23Nelson-Atkins Museum of Art501(c)(3)$40 millionKansas City, MO
24Newfields501(c)(3)$42 millionIndianapolis, IN
25Studio Museum in Harlem501(c)(3)$61 millionNew York, NY