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Long Beach Museum Of Art Foundation

Long Beach Museum Of Art Foundation

Long Beach, CA 90803
Tax ID95-2567271

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About this organization

Revenue

$3,019,133

Expenses

$1,872,706

Website

lbma.org

Mission

The Long Beach Museum of Art is a community-based organization that collects and cares for a permanent art collection, presents changing exhibitions in a variety of media and provides engaging educational programming for youth and adults. The Museum serves this mission by: • Preserving, conserving, and researching works of art in its collection; • Exhibiting, or otherwise providing direct access to, artwork in its collection; • Sharing historical, biographical, artistic, and cultural ideas and information that define and interpret the works in its collection and on exhibition; • Exhibiting artwork loaned by individuals and other institutions that provides context for, comparison with, and further exploration of important works in the Museum's collection; • Presenting educational programs that promote life-long learning, nourish creativity, and foster self-expression.

About

LBMA preserves, conserves, researches and exhibits works of art in its collection. LBMA shares historical, biographical, artistic and cultural ideas and information that defines and interprets the works in its collection and on exhibition. LBMA exhibits artwork loaned by individuals and other institutions that provides context for, comparison with and further exploration of the important works in the collection. The Museum presents educational programs for children and adults that promote life-long learning, nourish creativity and foster self-expression.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “The purpose of the foundation is to promote understanding and appreciation of the arts, to collect and exhibit significant works of art, & to manage and support an institution where these works of art may be housed and displayed for the education and enjoyment of the public.”.

When detailing its duties, they were outlined as: “The purpose of the foundation is to promote understanding and appreciation of the arts, to collect and exhibit significant works of art, & to manage and support an institution where these works of art may be housed and displayed for the education and enjoyment of the public.”.

  • The non-profit is legally allowed to operate in the state of CA, as reported.
  • The filing provides the non-profit's address in 2020 as 2300 E OCEAN BLVD, LONG BEACH, CA, 90803.
  • The non-profit's form for the year 2020 reports a total of 119 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Collects art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$189,073.
  • The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 18 independent voting members.
  • The organization was formed in 1968.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $1,255,351 in salary, compensation, and benefits to its employees.
  • The organization pays $147,559 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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