Museum Of Contemporary Art Santa Barbara Inc
- Assets
- $968.0k
- Revenue
- $151.0k
- Investments
- $0.0
- Employees
- 15
- Location
- Santa Barbara, CA
- Founding
- 02/1979
- Data as of
- 07/2022
- 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 07/2022, Museum Of Contemporary Art Santa Barbara Inc employed 15 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 07/2022, Museum Of Contemporary Art Santa Barbara Inc generated $151.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.4%) each year. All expenses for the organization totaled $515.6k during the year ending 07/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MUSEUM OF CONTEMPORARY ART SANTA BARBARA ADVANCES CREATIVITY AND INSPIRES CRITICAL THINKING THROUGH MEANINGFUL ENGAGEMENT WITH THE ART OF OUR TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCASB IS THE LEADING CONTEMPORARY ARTS MUSEUM ON THE CENTRAL COAST OF CALIFORNIA, SPANNING THE VENTURA, SANTA BARBARA, AND SAN LUIS OBISPO COUNTIES WITH A CONTINUED RECORD OF SUPPORT FOR EXPOSURE FOR EXPERIMENTAL, CUTTING-EDGE ART OF OUR TIME. MCASB ADVANCES CREATIVITY AND INSPIRES CRITICAL THINKING THROUGH MEANINGFUL ENGAGEMENT WITH THE ART OF OUR TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Macker Johnston President & CEO | OfficerTrustee | 40 | $47,574 |
Alexandra Cole Secretary | OfficerTrustee | 1 | $0 |
Crosby Slaught Treasurer | OfficerTrustee | 1 | $0 |
Jacquelyn Klein-Brown Director | Trustee | 1 | $0 |
Davin Mantell Director | Trustee | 1 | $0 |
Marni Margerum Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nz Consulting Raffle Software License | 7/30/18 | $598,195 |
Creel Printing Marketing | 7/30/18 | $170,215 |
Mailing Systems Inc Mailing House | 7/30/18 | $358,137 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $40,251 |
| Fundraising events | $22,200 |
| Related organizations | $0 |
| Government grants | $21,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,771 |
| Noncash contributions included in lines 1a–1f | $1,711 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,222 |
| Total Program Service Revenue | $13,922 |
| Investment income | $7,260 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$39,632 |
| Net Income from Fundraising Events | $1,500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,353 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $151,007 |
| 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. | $62,284 |
| Compensation of current officers, directors, key employees. | $62,284 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $186,085 |
| Pension plan accruals and contributions | $3,498 |
| Other employee benefits | $21,917 |
| Payroll taxes | $21,370 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99 |
| Fees for services: Accounting | $47,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,336 |
| Fees for services: Other | $39,281 |
| Advertising and promotion | $16,299 |
| Office expenses | $45,392 |
| Information technology | $12,745 |
| Royalties | $0 |
| Occupancy | $26,813 |
| Travel | $7,308 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,565 |
| All other expenses | $0 |
| Total functional expenses | $515,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,965 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $491,952 |
| Accounts receivable, net | $12,000 |
| 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 | $8,178 |
| Net Land, buildings, and equipment | $44,170 |
| Investments—publicly traded securities | $322,730 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $967,995 |
| Accounts payable and accrued expenses | $16,630 |
| 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 | $16,630 |
| Net assets without donor restrictions | -$408,562 |
| Net assets with donor restrictions | $1,359,927 |
| 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 | $967,995 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Museum Of Contemporary Art Santa Barbara Inc has recieved totaling $23,512.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $17,500 |
The Janet Langdon Handtmann Family Foundation Santa Ynez, CA PURPOSE: TO CARRY ON CHARITABLE ORGANIZATION ACTIVITIES | $5,000 |
G A Fowler Family Foundation Irvine, CA PURPOSE: PROMOTING CULTURAL AWARENESS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Endowment Analysis
| Beg. Balance | $1,421,596 |
| Earnings | -$58,906 |
| Admin Expense | $3,336 |
| Other Expense | $100,000 |
| Ending Balance | $1,259,354 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jserra Catholic High School San Juan Capistrano, CA | $110,381,982 | $32,636,304 |
The Society For The Promotion Of Japanese Animation Santa Ana, CA | $0 | $15,922,386 |
Haven Gallery Pomona, CA | $12,441,851 | $10,866,207 |
Yerba Buena Center For The Arts San Francisco, CA | $31,419,770 | $23,544,531 |
Festival Of Arts Of Laguna Beach Laguna Beach, CA | $11,626,110 | $10,814,120 |
Wallis Annenberg Center For The Performing Arts Beverly Hills, CA | $86,738,826 | $10,256,946 |
Maui Arts & Cultural Center Kahului, HI | $31,390,294 | $9,713,031 |
Immigration Institute Of The Bay Area San Francisco, CA | $7,526,224 | $6,922,510 |
Montalvo Association Saratoga, CA | $34,273,816 | $7,481,073 |
First Step Housing Sacramento, CA | $1,058,195 | $4,450,714 |
The Center For Cultural Innovation Los Angeles, CA | $15,572,704 | $5,971,325 |
Alliance For California Traditional Arts Fresno, CA | $2,645,027 | $4,730,784 |