LOS ANGELES, CA
The Broad
Quick Facts
- EIN
- 273032164
- Location
- LOS ANGELES, CA
- Category
- Arts & Culture
- Total Assets
- $538M
- Annual Income
- $31.5M
- IRS Ruling Year
- 2011
- Organization Type
- Corporation
- Principal Officer
- % Deborah Kanter
- Tax Deductibility
- Contributions are deductible
About This Foundation
The Broad is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2011. The principal officer is % Deborah Kanter. It holds total assets of $538M. Annual income is reported at $31.5M. The foundation operates in the area of arts & culture. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$33.4M
2023+31%
Total Assets
$544.7M
2023-2%
Fair Market Value
$548M
2023
Net Worth
$401.1M
2023
Grants Paid
$0
2023
Contributions
$5.3M
2023
Net Investment Income
$1.2M
2023
Distribution Amount
$0
2023
Total Giving by Year
$624K
11$642K
12$580K
13$514K
14$17.3M
15$26.2M
19$22M
20$19.3M
21$25.5M
22$33.4M
23Asset Growth
$382.3M
11$396.6M
12$403M
13$415.1M
14$421.9M
15$561.6M
19$573.6M
20$551.2M
21$553.1M
22$544.7M
23Expense Breakdown (2023)
Depreciation$4.6M
Interest$1.2M
Pension & Benefits$1M
Occupancy$822K
Officer Compensation$775K
Travel & Conferences$503K
Legal Fees$182K
Accounting Fees$86K
Printing & Publications$43K
Revenue Sources (2023)
- Other Income
- $19.6M
- Contributions
- $5.3M
- Business Profits
- $2.4M
- Interest
- $1M
- Gross Rents
- $613K
Financial Details (2023)
- Total Revenue
- $28.9M
- Total Expenses
- $33.4M
- Exempt Purpose Expenses
- $17.4M
- Required Distribution
- $0
- Undistributed Income
- $0
- Total Liabilities
- $143.7M
- Excise Tax
- $17K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
| 2015-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
See Similar Foundations
Arts & Culture
Glenstone Foundation
POTOMAC, MD
$3BArts & Culture
Arts & Culture
Lucas Museum Of Narrative Art
SAN FRANCISCO, CA
$1.5BArts & Culture
Arts & Culture
Art Bridges Inc.
BENTONVILLE, AR
$905MArts & Culture
Arts & Culture
Broad Art Foundation
LOS ANGELES, CA
$786.3MArts & Culture
Arts & Culture
Kimbell Art Foundation
FORT WORTH, TX
$759.3MArts & Culture
Arts & Culture
Shraman South Asian Museum And Learning Center Foundation
DALLAS, TX
$570.2MArts & Culture