Museum Of Contemporary Art
- Assets
- $173.3m
- Revenue
- $20.2m
- Investments
- $115.8m
- Employees
- 218
- Location
- Los Angeles, CA
- Founding
- 03/1980
- Data as of
- 06/2020
- EIN
- 95-3433820
Organization Overview
Museum Of Contemporary Art, operating under the name Moca, is located in Los Angeles, CA. The organization was established in 1980. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Moca employed 218 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moca 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, Moca generated $20.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $17.9m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ORGANIZE EXHIBITIONS AND PROGRAMS TO ENHANCE PUBLIC KNOWLEDGE AND APPRECIATION OF THE ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURATORIAL AND EXHIBITION PROGRAMS: DURING THE TIME THAT MOCA WAS CLOSED TO THE PUBLIC ON ACCOUNT OF THE COVID 19 PANDEMIC, THE MUSEUM CONTINUED TO PRESENT A WIDE RANGE OF VIRTUAL PROGRAMMING. ENCOMPASSING FILM SCREENINGS, ARTIST TALKS, AND PANELS VIRTUAL MOCA PRESENTED 23 PUBLIC PROGRAMS DURING THIS TIME FEATURING OVER 60 ARTISTS, WRITERS, AND ORGANIZERS. WHEN THE MUSEUM REOPENED IN 2021 WE WERE ABLE TO PRESENT OUTDOOR PUBLIC PROGRAMS INCLUDING A PERFORMANCE WITH DIMITRI CHAMBLAS AND KIM GORDON AND PRESENTATIONS IN COLLABROATION WITH THE LOS ANGELES POVERTY DEPARTMENT AND CRENSHAW DAIRY MART AS PART OF WE RISE LA.
BUILDING OPERATIONS AND SECURITY:THE MOCA BUILDING, DESIGNED BY CELEBRATED JAPANESE ARCHITECT ARATA ISOZAKI, AND THE GEFFEN CONTEMPORARY BUILDING, SUBTLY RENOVATED BY RENOWNED CALIFORNIA ARCHITECT FRANK GEHRY, ARE MAINTAINED AND SECURED TO ENSURE THE MOST BENEFICIAL AND ENJOYABLE EXPERIENCE FOR THE VISITING PUBLIC. WORKING WITH THE ENVIRONMENTAL COUNCIL, MOCA HIRED A SUSTAINABILITY CONSULTANT AND WORKED TO PROVIDE EDUCATIONAL SUPPORT AROUND THE MUSEUM'S SUSTAINABILITY EFFORTS AND ENVIRONMENTALLY FOCUSED PROGRAMMING.
PUBLIC AFFAIRS/INFORMATION: A VARIETY OF PROMOTIONAL, ADVERTISING AND PUBLIC PROGRAMS WERE PRODUCED BY MOCA'S COMMUNICATIONS DEPARTMENT TO INFORM THE PUBLIC OF MOCA'S ACTIVITIES AND DISSEMINATE INFORMATION ABOUT CONTEMPORARY ART. DURING THE TIME THAT MOCA WAS CLOSED TO THE PUBLIC DUE TO THE COVID-19 PANDEMIC, THESE ACTIVITIES INCLUDED ROBUST ONLINE EDUCATIONAL OFFERINGS AND PROMOTION AND DISTRIBUTION OF THESE RESOURCES. THE COMMUNICATIONS TEAM ALSO MANAGED MEDIA REQUESTS DURING THE CLOSURE, AND PUBLICIZED AND MARKETED THE REOPENING OF THE MUSEUM TO THE PUBLIC.
"EDUCATION PROGRAMS: MOCA IS COMMITTED TO PROVIDING THE EDUCATIONAL EXPERIENCES TO MAXIMIZE ACCESS AND INCLUSION IN THE ARTS. PROGRAMMING WAS PRIMARILY VIRTUAL THIS YEAR UNTIL THE MUSEUM'S REOPENING IN JUNE 2021. IN-DEPTH PROGRAMS INCLUDE CONTEMPORARY ART START (PROFESSIONAL DEVELOPMENT FOR TEACHERS AND VIRTUAL VISITS FOR STUDENTS) AND A NATIONALLY RECOGNIZED TEEN PROGRAM THAT HOSTS AN ANNUAL TEEN NIGHT. OTHER OFFERINGS ORGANIZED BY MULTIPLE MUSEUM DEPARTMENTS INCLUDED WORKSHOPS AND GUIDES FOR FAMILIES, PANEL DISCUSSIONS, STUDIO VISITS, AND ARTIST TALKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Klaus Biesenbach Director | OfficerTrustee | 40 | $730,518 |
Amy Shapiro Deputy Director | Officer | 40 | $236,306 |
Samuel Vasquez Deputy Director | Officer | 40 | $200,949 |
Sarah Stifler Dir Of Communication (until 05/ 2021) | Officer | 40 | $168,828 |
Bennett Simpson Senior Curator And Administrative Department Head | 40 | $149,819 | |
Jill Davis Senior Director, Exhibitions And Collections | 40 | $148,985 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Art Movers Inc Shipment And Freight | 6/29/21 | $351,543 |
Allied Universal Security Services Security Services | 6/29/21 | $1,139,459 |
Allied Universal Janitorial Services Janitorial Services | 6/29/21 | $369,466 |
Cambridge Investments Investment Management | 6/29/21 | $300,000 |
Abm Building Maintenance | 6/29/21 | $226,861 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,283,908 |
| Investment income | $1,726,892 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $17,121 |
| Net Rental Income | $128,929 |
| Net Gain/Loss on Asset Sales | -$981,400 |
| Net Income from Fundraising Events | -$116,279 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $231,181 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,204,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,680,215 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,747,117 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $808,378 |
| Payroll taxes | $526,080 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $238,230 |
| Fees for services: Accounting | $85,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $239,482 |
| Fees for services: Other | $687,712 |
| Advertising and promotion | $274,384 |
| Office expenses | $560,444 |
| Information technology | $118,932 |
| Royalties | $0 |
| Occupancy | $1,404,159 |
| Travel | $517,924 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,369 |
| Interest | $51,839 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $372,382 |
| Insurance | $521,749 |
| All other expenses | $0 |
| Total functional expenses | $17,944,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,261,319 |
| Savings and temporary cash investments | $10,845,237 |
| Pledges and grants receivable | $13,966,434 |
| Accounts receivable, net | $24,527 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,774,791 |
| Prepaid expenses and deferred charges | $129,003 |
| Investments—publicly traded securities | $15,642,151 |
| Investments—other securities | $115,755,382 |
| Investments—program-related | $0 |
| Intangible assets | $19,380 |
| Other assets | $1,095,974 |
| Total assets | $173,324,238 |
| Accounts payable and accrued expenses | $1,414,570 |
| Grants payable | $0 |
| Deferred revenue | $52,426 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,164,169 |
| Unsecured mortgages and notes payable | $1,574,761 |
| Other liabilities | $0 |
| Total liabilities | $4,205,926 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $169,118,312 |
Grants Recieved
Over the last fiscal year, we have identified 49 grants that Museum Of Contemporary Art has recieved totaling $2,878,944.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $850,000 |
Manitou Fund White Bear Lake, MN PURPOSE: 2022 ENVIRONMENTAL INITIATIVES | $250,000 |
The Council For Canadian American Relations Inc New York, NY PURPOSE: ART EDUCATION | $204,709 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $194,859 |
Leonard Hill Charitable Trust Santa Monica, CA PURPOSE: CONTEMPORARY ART START PROGRAM | $150,000 |
The Jane And Marc Nathanson Foundation Beverly Hills, CA PURPOSE: GENERAL SUPPORT | $150,000 |
Endowment Analysis
| Beg. Balance | $131,181,615 |
| Earnings | $43,568,566 |
| Other Expense | $5,933,545 |
| Ending Balance | $168,816,636 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asian Art Museum Foundation Of San Francisco San Francisco, CA | $256,031,716 | $41,593,816 |
Armand Hammer Museum Of Art And Cultural Center Inc Los Angeles, CA | $286,371,378 | $27,039,549 |
Portland Art Museum Portland, OR | $150,113,696 | $27,542,215 |
The Broad Los Angeles, CA | $573,557,667 | $36,313,761 |
Museum Of Contemporary Art Los Angeles, CA | $173,324,238 | $20,204,928 |
San Diego Museum Of Art San Diego, CA | $78,902,831 | $13,995,818 |
Honolulu Museum Of Art Honolulu, HI | $136,524,458 | $12,640,830 |
Phoenix Art Museum Phoenix, AZ | $7,242,004 | $9,400,156 |
Crocker Art Museum Association Sacramento, CA | $31,464,464 | $12,237,025 |
Nevada Museum Of Art Inc Reno, NV | $65,871,084 | $23,939,678 |
Santa Barbara Museum Of Art Santa Barbara, CA | $142,171,274 | $22,074,169 |
Museum Of Contemporary Art San Diego San Diego, CA | $162,622,820 | $13,720,273 |