Broad Art Foundation

Broad Art Foundation Overview

Broad Art Foundation is located in Los Angeles, CA. The organization was established in 1998. 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.

Since 2015, Broad Art Foundation has awarded 117 individual grants totaling $67,532,714. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2019

Describe the Organization's Program Activity:

Part 3 - Line 4a

ART ACQUISITION FOR LOAN PROGRAM


ART EXHIBITION, STUDY, AND LOAN PROGRAM (SEE ATTACHED DESCRIPTION OF ACTIVITIES)


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Broad Art Foundation Board, Officers & Key Employees

Name (title)Compensation
Joanne Heyler
Mng Dir/chf Cur
$150,000
Eli Broad
Trustee
$0
Edythe Broad
Trustee
$0

Broad Art Foundation Vendors

Vendor Name (Service)Compensation
Family Office Investment Services Llc
$68,404
Family Office Financial Services
$137,304
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $3,736,168
Interest on Savings $336,767
Dividends & Interest $2,274
Net Rental Income$0
Net Gain on Sale of Assets -$4,234,905
Capital Gain Net Income $18,492,382
Net ST Capital Gain $0
Income Modifications $908,841
Profit on Inventory Sales $0
Other Income $1,264
Total Revenue -$158,432

Broad Art Foundation Grants Awarded

Over the last fiscal year, Broad Art Foundation has awarded $12,535,908 in support to 14 organizations.

Grant RecipientAmount

THE BROAD

PURPOSE: TOWARDS OPERATING SUPPORT

$12,000,000

MUSEUM OF MODERN ART

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$300,000

MUSEUM OF CONTEMPORARY ART

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: GENERAL SUPPORT

$96,268

HAMMER MUSEUM

PURPOSE: GENERAL SUPPORT

$50,000

Los Angeles, CA

PURPOSE: EXHIBITION SUPPORT TO TIME IS RUNNING OUT OF TIME: EXPERIMENTAL FILM AND VIDEO FROM THE L.A. REBELLION AND TODAY

$40,000

Los Angeles, CA

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Profile

Broad Art Foundation Grants Recieved

Over the last fiscal year, we have identified 1 grants that Broad Art Foundation has recieved totaling $22,300,000.

Awarding OrganizationAmount
Broad Foundation

Los Angeles, CA

PURPOSE: ARTS - TO SUPPORT ART LENDING ACTIVITIES

$22,300,000
View Grant Recipient Profile

Broad Art Foundation Peer Organizations

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