Museum Of Contemporary Art Santa Barbara Inc
- Assets
- $708.0k
- Revenue
- $87.6k
- Investments
- $0.0
- Employees
- 12
- Location
- Santa Barbara, CA
- Founding
- 02/1979
- Data as of
- 07/2023
- EIN
- 95-3384859
Organization Overview
Museum Of Contemporary Art Santa Barbara Inc is located in Santa Barbara, CA. The organization was established in 1979. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2023, Museum Of Contemporary Art Santa Barbara Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Of Contemporary Art Santa Barbara Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Museum Of Contemporary Art Santa Barbara Inc generated $87.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (32.0%) each year. All expenses for the organization totaled $193.4k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (23.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENRICH LIVES AND INSPIRE CRITICAL THINKING THROUGH MEANINGFUL ENGAGEMENT WITH THE ART AND IDEAS OF OUR TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVE. AS A CULTURAL CENTER LOCATED AT THE HEART OF DOWNTOWN SANTA BARBARA, WE ARE COMMITTED TO LISTENING AND RESPONDING TO OUR COMMUNITY'S DIVERSE NEEDS. WE ARE DEDICATED TO BEING A SAFE SPACE FOR LEARNING AND EXPLORATION - INCLUSIVE IN ALL ASPECTS OF RACE, RELIGION, AGE, GENDER IDENTITY, ABILITY, AND SOCIOECONOMIC STATUS. WE ASPIRE TO REMAIN FLEXIBLE IN ORDER TO (CO)CREATE COMPELLING, RELEVANT PROGRAMMING THAT ADAPTS TO AN EVER-CHANGING SOCIAL DYNAMIC. CONNECT. WE ASPIRE TO BE A PLATFORM FOR OPEN, RESPECTFUL, AND IMPACTFUL DISCOURSE WITH OUR COMMUNITY AND BEYOND. THROUGH COLLABORATIVE RELATIONSHIPS WITH CULTURAL ORGANIZATIONS, AREA NONPROFITS, ACADEMIC INSTITUTIONS, LOCAL GOVERNING BODIES, HOSPITALITY PARTNERS, AND MORE, MCASB IS ABLE TO EXTEND OUR PROGRAMMING TO REACH A BROAD AND DIVERSE PUBLIC. IMPACT. MCASB IS PASSIONATE ABOUT MAKING A POSITIVE DIFFERENCE IN THE LIVES OF INDIVIDUALS, AND SOCIETY, THROUGH ENGAGEMENT WITH CONTEMPORARY ART AND CULTURE. MCASB'S EXHIBITIONS INFORM OUR EDUCATIONAL AND EXPERIENTIAL PROGRAMMING, WHICH ARE DESIGNED TO INSPIRE CURIOSITY, CULTIVATE EMPATHY, AND BROADEN PERSPECTIVES THROUGH THE ART AND IDEAS OF OUR TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick Janka President | OfficerTrustee | 4 | $0 |
Debra Ollin Herrick Secretary | OfficerTrustee | 1 | $0 |
Laura Hyatt Secretary | OfficerTrustee | 1 | $0 |
Arturo Heredia Treasurer | OfficerTrustee | 1 | $0 |
Dalia Garcia Treasurer | OfficerTrustee | 1 | $0 |
Shahdeh Ammadi Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nz Consulting Raffle Software License | 7/30/18 | $598,195 |
Mailing Systems Inc Mailing House | 7/30/18 | $358,137 |
Creel Printing Marketing | 7/30/18 | $170,215 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $64,069 |
| Noncash contributions included in lines 1a–1f | $5,023 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,069 |
| Total Program Service Revenue | $0 |
| Investment income | $9,525 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $87,594 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,448 |
| Pension plan accruals and contributions | $84 |
| Other employee benefits | $1,105 |
| Payroll taxes | $2,684 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,102 |
| Fees for services: Accounting | $24,023 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,227 |
| Fees for services: Other | $34,701 |
| Advertising and promotion | $424 |
| Office expenses | $21,462 |
| Information technology | $5,147 |
| Royalties | $0 |
| Occupancy | $17,464 |
| Travel | $4,913 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $887 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,100 |
| All other expenses | $0 |
| Total functional expenses | $193,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,339 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $299,270 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,862 |
| Net Land, buildings, and equipment | $44,170 |
| Investments—publicly traded securities | $345,324 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $707,965 |
| Accounts payable and accrued expenses | $29,709 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,709 |
| Net assets without donor restrictions | -$452,834 |
| Net assets with donor restrictions | $1,131,090 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $707,965 |