EIN 27-3032164

The Broad

IRS 501(c) type
501(c)(3)
Num. employees
31
Year formed
2011
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Broad makes its collection of contemporary art from the 1950s to the present accessible to the widest possible audience by presenting exhibitions and operating a lending program to art museums and galleries worldwide.
Total revenues
$27,456,379
2022
Total expenses
$25,482,907
2022
Total assets
$553,133,729
2022
Num. employees
31
2022

Program areas at The Broad

The Broad museum, which has 50,000 square feet of public exhibition space, 21,000 square feet of collection storage space, and a 200-person public lecture hall, is home to The more than 2,000 works of contemporary art in The Broad collections. Since it opened in september 2015, The Broad has offered free general admission, and has attracted a diverse audience of nearly 4.48 million visitors through 2022. In addition, The Broad presents a range of public programs--family workshops, film, lectures, and performances--about The collections and promotes The cultural and civic vitality of los angeles by providing a public outdoor plaza and a convenient parking garage to facilitate greater engagement of The public with downtown los angeles.
Special exhibitions, art talks and group tickets provide education and access to world-class contemporary art.
Promotion of access to contemporary art
Proceeds for museum qualifying distribution
Gaap discount on current year pledges
Reimbursements for museum qualifying distributions

Who funds The Broad

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Eli and Edythe Broad FoundationOperating Support$12,000,000
The Eli and Edythe Broad FoundationArts - Support Pledge for Free General Admission Contemporary Art Museum in Los Angeles$6,000,000
The Eli and Edythe Broad FoundationArts - Operating Support for Free General Admission Contemporary Art Museum in Los Angeles$2,525,303
...and 4 more grants received

Personnel at The Broad

NameTitleCompensation
Alysa GerlachChief Operating Officer and Treasurer$340,755
William R HudsonDirector of Retail O$137,587
Richard MitchellDirector of Faciliti$168,133
Alexandra WilliamsDirector of Visitor$127,500
Edward PatutoDirector of Audience / Director Audience Engagem$185,794
...and 4 more key personnel

Financials for The Broad

RevenuesFYE 12/2022
Total grants, contributions, etc.$4,910,279
Investment income and dividends$288,201
Net rental income$339,408
Net gain from sale of non-inventory assets$0
Gross sales of inventory$3,589,799
Miscellaneous revenues$18,358,056
Total revenues$27,456,379

Form 990s for The Broad

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122022-11-03990PFView PDF
2020-122021-11-05990PFView PDF
2019-122021-06-14990PFView PDF
2018-122020-01-28990PFView PDF
...and 7 more Form 990s

Organizations like The Broad

OrganizationLocationRevenue
Las Cumbres Observatory GTNGoleta, CA$15,900,024
Kimbell Art FoundationFort Worth, TX$97,899,835
The Josef and Anni Albers FoundationBethany, CT$7,811,355
Poster HouseNew York, NY$12,094,410
Magazzino Italian Art FoundationNew York, NY$7,091,870
Terra Foundation for American ArtChicago, IL$96,843,650
Neue Galerie New YorkNew York, NY$14,693,129
Cafesjian Art TrustShoreview, MN$16,220,259
Norton Simon Art FoundationPasadena, CA$9,442,962
Joan Mitchell FoundationNew York, NY$11,848,227
Data update history
January 11, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 11, 2024
Updated personnel
Identified 6 new personnel
December 28, 2023
Used new vendors
Identified 1 new vendor, including
December 26, 2023
Received grants
Identified 6 new grant, including a grant for $12,000,000 from Eli and Edythe Broad Foundation
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Private foundationsPrivate operating foundationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Partially liquidatedTax deductible donations
General information
Address
300 S Grand Ave 1800
Los Angeles, CA 90071
Metro area
Los Angeles-Long Beach-Anaheim, CA
Website URL
thebroad.org/ 
Phone
(213) 232-6200
Facebook page
thebroadmuseum 
Twitter profile
@thebroad 
IRS details
EIN
27-3032164
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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