The Broad

Organization Overview

The Broad is located in Los Angeles, CA. The organization was established in 2011. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Broad generated $31.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $26.2m during the year ending 12/2019. While expenses have increased by 8.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2019

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BROAD MUSEUM, WHICH HAS 50,000 SQUARE FEET OF PUBLIC EXHIBITION SPACE, 21,000 SQUARE FEET OF COLLECTION STORAGE SPACE, AND A 200-PERSON PUBLIC LECTURE HALL, IS HOME TO THE MORE THAN 2,000 WORKS OF CONTEMPORARY ART IN THE BROAD COLLECTIONS. SINCE IT OPENED IN SEPTEMBER 2015, THE BROAD HAS OFFERED FREE GENERAL ADMISSION, AND HAS ATTRACTED A DIVERSE AUDIENCE OF NEARLY 3.46 MILLION VISITORS THROUGH 2019. IN ADDITION, THE BROAD PRESENTS A RANGE OF PUBLIC PROGRAMS--FAMILY WORKSHOPS, FILM, LECTURES, AND PERFORMANCES--ABOUT THE COLLECTIONS AND PROMOTES THE CULTURAL AND CIVIC VITALITY OF LOS ANGELES BY PROVIDING A PUBLIC OUTDOOR PLAZA AND A CONVENIENT PARKING GARAGE TO FACILITATE GREATER ENGAGEMENT OF THE PUBLIC WITH DOWNTOWN LOS ANGELES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Family Office Financial Services
$728,098
Allied Integrated Marketing
$491,715
California Protection & Investigation Services
$694,226
Capacity Interactive Consulting Llc
$254,493
Abm Onsite Services
$457,905
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $24,487,590
Interest on Savings $311,646
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $221,988
Profit on Inventory Sales $2,058,354
Other Income $4,362,698
Total Revenue $31,220,288

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Broad has recieved totaling $8,917,065.

Awarding OrganizationAmount
Broad Foundation

Los Angeles, CA

PURPOSE: ARTS - GENERAL SUPPORT PLEDGE

$8,917,065
View Grant Recipient Profile

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