Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $2,498,033

• 1e · Government grants (contributions)

  $9,545,642

• 1f · All other contributions, gifts and grants

  $13,713,349

• 1g · Noncash contributions included above

  $573,666

• 2a · Program service revenue: LA COUNTY SUPPORT

  total $24,399,000 · related or exempt $24,399,000

• 2b · Program service revenue: MUSEUM ADMISSION FEES

  total $9,621,860 · related or exempt $9,621,860

• 2c · Program service revenue: MUSEUM USE & SERVICES

  total $2,700,835 · related or exempt $2,700,835

• 2d · Program service revenue: PROGRAM INCOME

  total $19,030 · related or exempt $19,030

• 3 · Investment income

  total $6,738,732 · unrelated business $21,029 · excluded $6,717,703

• 6a · Gross rents

  real property $755,095

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $755,095

• 6d · Net rental income or loss

  total $755,095 · excluded $755,095

• 7a · Gross sales of assets other than inventory

  securities $42,996,865

• 7b · Less cost or other basis and sales expenses

  securities $30,203,507

• 7c · Gain or loss

  securities $12,793,358

• 7d · Net gain or loss

  total $12,793,358 · excluded $12,793,358

• 11a · Other revenue: SHOPS, CAFE & PHOTO EX

  total $1,463,456 · excluded $1,463,456

• 11b · Other revenue: OTHER REVENUE

  total $225,765 · excluded $225,765

• 11e · Other revenue, total

  $1,689,221

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,268,940 · program services $1,307,121 · management and general $450,456 · fundraising $511,363

• 7 · Other salaries and wages

  total $28,525,852 · program services $24,051,793 · management and general $1,436,964 · fundraising $3,037,095

• 8 · Pension plan contributions

  total $937,319 · program services $747,695 · management and general $83,822 · fundraising $105,802

• 9 · Other employee benefits

  total $4,324,544 · program services $2,932,876 · management and general $950,652 · fundraising $441,016

• 10 · Payroll taxes

  total $2,320,190 · program services $1,573,537 · management and general $510,041 · fundraising $236,612

• 11b · Fees: legal

  total $274,276 · program services $175,646 · management and general $34,128 · fundraising $64,502

• 11c · Fees: accounting

  total $206,826 · program services $103,765 · management and general $90,176 · fundraising $12,885

• 11d · Fees: lobbying

  total $156,534 · fundraising $156,534

• 11f · Fees: investment management

  total $1,442,642 · management and general $1,442,642

• 11g · Fees: other

  total $3,505,067 · program services $1,664,062 · management and general $898,852 · fundraising $942,153

• 12 · Advertising and promotion

  total $1,256,503 · program services $266,502 · management and general $820,485 · fundraising $169,516

• 13 · Office expenses

  total $751,504 · program services $408,558 · management and general $175,820 · fundraising $167,126

• 14 · Information technology

  total $908,676 · program services $476,701 · management and general $367,866 · fundraising $64,109

• 16 · Occupancy

  total $2,533,063 · program services $2,317,322 · management and general $109,043 · fundraising $106,698

• 17 · Travel

  total $137,415 · program services $87,566 · management and general $23,494 · fundraising $26,355

• 22 · Depreciation, depletion and amortization

  total $8,691,468 · program services $3,866,996 · management and general $4,823,150 · fundraising $1,322

• 23 · Insurance

  total $1,457,631 · program services $1,201,600 · management and general $171,905 · fundraising $84,126

• 24a · Other expenses: MUSEUM USE

  total $5,862,234 · program services $477,520 · management and general $5,320,605 · fundraising $64,109

• 24b · Other expenses: REPAIRS & MAINTENANCE

  total $1,717,085 · program services $740,029 · management and general $921,013 · fundraising $56,043

• 24c · Other expenses: PRINTING & PHOTOGRAPHY

  total $431,491 · program services $330,411 · management and general $45,388 · fundraising $55,692

• 24d · Other expenses: EXHIBIT BUILDING & SUPP

  total $140,439 · program services $70,458 · management and general $61,232 · fundraising $8,749

• 24e · All other expenses

  total $4,747,733 · program services $3,651,746 · fundraising $1,095,987

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $33,694 · end of year $34,888

• 2 · Savings and temporary cash investments

  beginning of year $63,307,431 · end of year $61,191,521

• 3 · Pledges and grants receivable

  beginning of year $9,095,503 · end of year $10,239,090

• 4 · Accounts receivable

  beginning of year $817,757 · end of year $900,751

• 9 · Prepaid expenses and deferred charges

  beginning of year $388,747 · end of year $1,442,582

• 10a · Land, buildings and equipment: cost or other basis

  $315,092,313

• 10b · Land, buildings and equipment: accumulated depreciation

  $140,843,021

• 10c · Land, buildings and equipment, net

  beginning of year $159,936,431 · end of year $174,249,292

• 11 · Investments: publicly traded securities

  beginning of year $130,839,033 · end of year $143,313,607

• 12 · Investments: other securities

  beginning of year $71,606,153 · end of year $75,761,435

• 15 · Other assets

  beginning of year $18,828,127 · end of year $19,916,931

• 17 · Accounts payable and accrued expenses

  beginning of year $18,055,545 · end of year $9,828,447

• 19 · Deferred revenue

  beginning of year $1,434,640 · end of year $1,488,281

• 20 · Tax-exempt bond liabilities

  beginning of year $128,179,953 · end of year $127,963,994

• 23 · Secured mortgages and notes payable

  beginning of year $16,844,621 · end of year $36,843,444

• 25 · Other liabilities

  beginning of year $20,027,067 · end of year $21,578,163

• 27 · Net assets without donor restrictions

  beginning of year $156,979,009 · end of year $163,244,290

• 28 · Net assets with donor restrictions

  beginning of year $113,332,041 · end of year $126,103,478

The filer's explanations (Part III)

PART I, LINE 1A

DURING THE FISCAL YEAR, THE MUSEUM PROVIDED HOUSING ALLOWANCE FOR THE PRESIDENT.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CGA #1

  T · CHARITABLE GIFT ANNUITY · CA