J Paul Getty Trust
- Assets
- $0.0
- Revenue
- $291.5m
- Investments
- $6.8b
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 12/1954
- Data as of
- 06/2020
- EIN
- 95-1790021
Organization Overview
J Paul Getty Trust is located in Los Angeles, CA. The organization was established in 1954. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J Paul Getty Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, J Paul Getty Trust generated $291.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $352.0m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, J Paul Getty Trust has awarded 5,080 individual grants totaling $165,771,852. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE J. PAUL GETTY MUSEUM AT THE GETTY CENTER AND THE J. PAUL GETTY MUSEUM AT THE GETTY VILLA - SEE GENERAL EXPLANATION ATTACHMENT
THE GETTY RESEARCH INSTITUTE ("GRI") - SEE GENERAL EXPLANATION ATTACHMENT
THE GETTY CONSERVATION INSTITUTE ("GCI") - SEE GENERAL EXPLANATION ATTACHMENT
THE GETTY FOUNDATION - SEE GENERAL EXPLANATION ATTACHMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Cuno Trustee, Pres. & CEO | 38 | $2,031,762 | |
James M Williams Vp, Treasurer & Cio | 38 | $1,171,483 | |
Timothy Potts Director, Getty Mus. | 38 | $964,431 | |
Benjamin Liou Mng Dir Eq & Bonds, Asst Tre | 38 | $765,145 | |
David Hughes Managing Dir, Pub Se | 38 | $735,531 | |
Mary Miller Director, Gri | 38 | $717,387 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Area 17 Media Llc | 6/29/21 | $1,234,370 |
Cpt Group Inc | 6/29/21 | $787,638 |
Hawke Media | 6/29/21 | $651,634 |
Dlt Solutions Llc | 6/29/21 | $733,095 |
Ubs Securities Llc | 6/29/21 | $650,869 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,178,430 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,173,667 |
| Profit on Inventory Sales | $7,884,648 |
| Other Income | $69,228,435 |
| Total Revenue | $291,491,248 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,380,374 |
| Pension plans, employee benefits | $48,396,571 |
| Depreciation | $47,600,387 |
| Occupancy | $15,902,807 |
| Travel, conferences, and meetings | $6,247,035 |
| Printing and publications | $1,011,179 |
| Total operating and administrative expenses | $328,580,349 |
| Contributions, gifts, grants paid | $23,468,811 |
| Total expenses and disbursements | $352,049,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,657,780 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,536,220,308 |
| Other assets | $2,919,042,051 |
| Mortgages and other notes payable | $571,800,000 |
| Other liabilities | $36,478,892 |
Grants Awarded
Over the last fiscal year, J Paul Getty Trust has awarded $29,936,078 in support to 687 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: TRUST GRANTS | $6,410,000 |
THE BRITISH MUSEUM PURPOSE: TRUST GRANTS | $1,336,847 |
New York, NY PURPOSE: GETTY/ACLS POSTDOCTORAL FELLOWSHIP IN THE HISTORY OF ART | $1,035,000 |
New York, NY PURPOSE: CONSERVING CANVAS | $890,000 |
Philadelphia, PA PURPOSE: TRUST GRANTS | $755,000 |
THE BRITISH MUSEUM PURPOSE: TRUST GRANTS | $683,118 |
Grants Recieved
Over the last fiscal year, we have identified 27 grants that J Paul Getty Trust has recieved totaling $4,207,172.
| Awarding Organization | Amount |
|---|---|
The Robert Mapplethorpe Foundation New York, NY PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $2,290,500 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $1,011,000 |
Genesis Motor America Foundation Fountain Valley, CA PURPOSE: Grant to arts programming at the community level for youth | $250,000 |
Lee Foundation Los Angeles, CA PURPOSE: TO SUPPORT THE GENERAL FUND. | $225,000 |
Corday Family Foundation Beverly Hills, CA PURPOSE: GENERAL FUND | $100,000 |
The Annenberg Foundation Conshohocken, PA PURPOSE: DISCRETIONARY FUND AND DISEGNO | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
J Paul Getty Trust Los Angeles, CA | $0 | $291,491,248 |
Humanity United San Francisco, CA | $82,516,947 | $35,858,577 |
Public Policy Institute Of California San Francisco, CA | $340,951,909 | $34,836,055 |
Singleton Foundation For Financial Literacy And Entrepreneurship Burbank, CA | $5,023,733 | $12,067,602 |
Draper Richards Kaplan Foundation Menlo Park, CA | $54,158,347 | $29,356,238 |
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |