Overview
What is The Museum Of Contemporary Art Los Angeles?
The Museum of Contemporary Art Los Angeles, based at 250 S Grand Avenue in Los Angeles, California, is a renowned nonprofit institution dedicated to showcasing contemporary art. With a staff of 206 individuals, its mission is to collect, exhibit, interpret, and preserve contemporary art for the public benefit, enhancing accessibility and fostering greater understanding and appreciation. In the year ending June 30, 2022, MOCA presented a dynamic exhibition program featuring renowned works from its collection of nearly 8,000 contemporary artworks spanning from 1940 to the present. Notable artists showcased included Jennifer Packer and Pipilotti Rist. Additionally, MOCA organized a robust schedule of performances and public programs, such as Charles Gaines & Ensemble, Weirdo Night, and Sun & Sea, among others, to engage and educate the public about contemporary art.
Official website here: www.moca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
The Museum of Contemporary Art Los Angeles holds an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong accountability and financial health. With a score of 97% in this area, the museum demonstrates effective governance through a fully independent board and robust financial oversight practices. The organization excels in transparency, having well-documented policies such as a conflict of interest policy and a whistleblower policy.
Financially, the museum showcases a solid program expense ratio of 66.44%, indicating a significant portion of expenses is directed towards its mission-related activities. Additionally, the fundraising efficiency is commendable, with only $0.09 spent to raise each dollar, highlighting effective resource management. The organization's working capital ratio of 10.56 years suggests it is well-positioned to sustain its operations over the long term.
Overall, the Museum of Contemporary Art Los Angeles not only meets high standards in governance and financial accountability but also demonstrates a commitment to its mission by effectively managing its resources. There are no significant limitations or concerns reported, underscoring its status as a reputable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is The Museum Of Contemporary Art Los Angeles legitimate?
The Museum Of Contemporary Art Los Angeles is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Museum Of Contemporary Art Los Angeles submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,321,858
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,752,015
For more financial information, click here
Official website here: www.moca.org
What is the mission statement of The Museum Of Contemporary Art Los Angeles?
The Museum of Contemporary Art Los Angeles was established in 1979 with a mission to collect, exhibit, interpret, and preserve contemporary art for the public benefit. Its primary goal is to enhance public understanding and appreciation of contemporary art through diverse exhibitions and programs. The museum aims to encourage ongoing creative activity and further public accessibility to contemporary art. By organizing various exhibitions and initiatives, it seeks to broaden the public's knowledge and appreciation of the art of the present era.
Official website here: www.moca.org
What is the revenue of The Museum Of Contemporary Art Los Angeles?
The Museum Of Contemporary Art Los Angeles's revenue in 2024 was $23,611,899.
Official website here: www.moca.org
Who are the executives of The Museum Of Contemporary Art Los Angeles and what are their salaries?
The average compensation at The Museum Of Contemporary Art Los Angeles during 2024 was $36,901. There are 273 employees and 40 volunteers at The Museum Of Contemporary Art Los Angeles.
Here are 47 key members and their salaries:
- Compensation: $876,980
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- Other: $10,810
Official website here: www.moca.org
Where can I find the form 990 for The Museum Of Contemporary Art Los Angeles?
The Museum Of Contemporary Art Los Angeles's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.moca.org
Learn more at the official website: www.moca.org
Mission Statement of The Museum Of Contemporary Art Los Angeles
The Museum of Contemporary Art Los Angeles, established in 1979, is dedicated to enriching public knowledge and appreciation of contemporary art. With a mission to collect, exhibit, interpret, and preserve modern art, this esteemed institution opens doors to a deeper understanding of art from our time.
By organizing diverse exhibitions and programs, The Museum of Contemporary Art Los Angeles plays a crucial role in enhancing accessibility to contemporary art, furthering public comprehension and admiration, and encouraging ongoing creative endeavors. This nonprofit institution invites the public to engage with the art of the present, fostering a vibrant and dynamic cultural landscape.
Through its commitment to collective memory, The Museum of Contemporary Art Los Angeles provides a platform for contemporary artists to showcase their work and contribute to the ongoing narrative of the art world. The museum's engaging exhibitions and educational programs inspire curiosity and spark meaningful dialogues about the art of our time. By fostering an inclusive environment that welcomes diverse perspectives, The Museum of Contemporary Art Los Angeles continues to be at the forefront of contemporary art discourse.
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Impact
October, 2024
The Museum of Contemporary Art Los Angeles (MOCA) plays a vital role in enhancing public knowledge and appreciation of contemporary art, serving as a dynamic platform for artistic expression and cultural dialogue. Since its founding in 1979, MOCA has committed itself to collecting, exhibiting, interpreting, and preserving contemporary artworks, thereby fostering an understanding of art from 1940 to the present.
With nearly 8,000 artworks in its renowned collection, the museum regularly organizes exhibitions that showcase both established and emerging artists. For instance, its recent exhibitions like "Our House: Selections from MOCA's Collection," and "Making Space: Recent Photography Acquisitions" highlight significant contributions to contemporary art. Additionally, themed exhibitions such as "Evidence: Selections from the Collection" engage visitors by presenting varied perspectives on contemporary practices.
MOCA also champions artists through solo exhibitions, notably hosting the first West Coast shows for talents such as Jennifer Packer and Pipilotti Rist. The museum's robust programming extends beyond visual arts to include performances and community activities, fostering a richer, more inclusive dialogue around contemporary culture. Events like “Weirdo Night,” educational programs like “Music/Theory," and collaborations with diverse talents showcase its commitment to creativity and community engagement.
By providing a space for reflection, conversation, and innovation, MOCA significantly influences the local and wider art scene, encouraging ongoing creative activity and deepening public engagement with contemporary art. Its efforts contribute not only to the preservation of artistic heritage but also to the contemporary discourse that shapes cultural identity in Los Angeles and beyond.
This information is meant to be a general summary of The Museum Of Contemporary Art Los Angeles. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $2,011,599
- Program Service Revenue: $692,835
- Gross Receipts: $55,974,750
Assets and Liabilities:
- Total Assets: $206,807,115
- Total Liabilities: $2,792,468
- Net Assets: $204,014,647
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAVEL EXHIBITION FEES
Revenue
$457,328
ADMISSIONS
Revenue
$226,843
REPRODUCTION FEES
Revenue
$4,818
WORKSHOP FEES
Revenue
$3,846
Organization Details
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