TY 2022 Form 990PF

Part I	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books	(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)
	1	Contributions, gifts, grants, etc., received (attach schedule)	4,910,279
2	Check .............
3	Interest on savings and temporary cash investments	288,201	288,201	288,201
4	Dividends and interest from securities...
5a	Gross rents............	429,386	429,386	429,386
b	Net rental income or (loss) 339,408
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...		0
8	Net short-term capital gain.........			0
9	Income modifications...........			119,342
10a	Gross sales less returns and allowances	6,168,550
b	Less: Cost of goods sold....	2,578,751
c	Gross profit or (loss) (attach schedule).....		3,589,799		3,589,799
11	Other income (attach schedule).......	List of Attached Documents: // Content	18,238,714	0	4,200,991
12	Total. Add lines 1 through 11........	27,456,379	717,587	8,627,719
	13	Compensation of officers, directors, trustees, etc.	820,755	0	0	820,755
14	Other employee salaries and wages......	5,020,478	23,143	1,678,282	3,342,196
15	Pension plans, employee benefits.......	1,530,507	0	226,319	1,304,188
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	109,830	25,597	25,597	84,233
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	39,819	1,991	4,128	35,691
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	5,357,971	14,100	1,676,736	3,681,235
17	Interest...............	1,213,321	0	0	1,213,321
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	26,508	0	0	26,508
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	4,364,890	34,188	307,826
20	Occupancy..............	879,536	0	99,187	780,349
21	Travel, conferences, and meetings.......	399,941	0	1,047	398,894
22	Printing and publications..........	43,505	0	0	43,505
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	5,675,846	0	1,730,679	3,611,263
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	25,482,907	99,019	5,749,801	15,342,138
25	Contributions, gifts, grants paid.......	0			0
26	Total expenses and disbursements. Add lines 24 and 25	25,482,907	99,019	5,749,801	15,342,138
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,973,472
b	Net investment income (if negative, enter -0-)		618,568
c	Adjusted net income (if negative, enter -0-)...			2,877,918

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	171,403	820,557	820,557
	2	Savings and temporary cash investments.........	26,094,180	26,101,611	26,101,611
	3	Accounts receivable 1,188,878
		Less: allowance for doubtful accounts	627,224	1,188,878	1,188,878
	4	Pledges receivable 364,087,597
		Less: allowance for doubtful accounts	368,169,217	364,087,597	364,087,597
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............	1,588,269	1,465,528	1,465,528
	9	Prepaid expenses and deferred charges..........	239,623	495,237	495,237
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis 8,000,000
		Less: accumulated depreciation (attach schedule) 33,333		List of Attached Documents: // Content 7,966,667	7,966,667
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 181,565,023
		Less: accumulated depreciation (attach schedule) 32,420,245	152,416,807	List of Attached Documents: // Content 149,144,778	149,144,778
	15	Other assets (describe )	List of Attached Documents: // Content 1,862,876	List of Attached Documents: // Content 1,862,876	List of Attached Documents: // Content 1,862,876
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	551,169,599	553,133,729	553,133,729
	17	Accounts payable and accrued expenses..........	861,877	5,429,715
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......	146,236,529	List of Attached Documents: // Content 141,659,349
	22	Other liabilities (describe )	List of Attached Documents: // Content 468,925	List of Attached Documents: // Content 468,925
	23	Total liabilities (add lines 17 through 22).........	147,567,331	147,557,989
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	403,602,268	405,575,740
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	403,602,268	405,575,740
	30	Total liabilities and net assets/fund balances (see instructions).	551,169,599	553,133,729

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	8,598
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	8,598
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	8,598
6	Credits/Payments:

a	2022 estimated tax payments and 2021 overpayment credited to 2022	6a	25,637
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	25,637
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. List of Attached Documents: // Content		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	17,039
11	Enter the amount of line 10 to be: Credited to 2023 estimated tax17,039	Refunded	11	0

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JOANNE HEYLER	PRESIDENT, DIRECTOR, FOUNDING DIRECTOR 30.00	480,000	35,478	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
DEBORAH KANTER	SECRETARY, DIRECTOR 5.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
ALYSA GERLACH	TREASURER, COO (PART YEAR) 34.00	340,755	38,972	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
KELLY BEREN	ASSISTANT TREASURER 5.00	139,040	13,285	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
ROBERT H TUTTLE	CHAIRMAN, DIRECTOR 5.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
JAY WINTROB	DIRECTOR, TREASURER (PART YEAR) 1.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
BRUCE KARATZ	DIRECTOR 1.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
TOM CAMPBELL	DIRECTOR 1.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
SHERRY LANSING	DIRECTOR 1.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
EDYTHE L BROAD	DIRECTOR 1.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
SUZANNE NORA JOHNSON	DIRECTOR 1.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
JESSE CASSO JR	DIRECTOR 1.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
MICHAEL V DRAKE	DIRECTOR 1.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
MONICA C LOZANO	DIRECTOR 1.00	0	0	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071


EDWARD PATUTO	DIRECTOR OF AUDIENCE 40.00	185,794	43,484	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
RICHARD MITCHELL	DIRECTOR OF FACILITI 40.00	168,133	29,363	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
WILLIAM R HUDSON IV	DIRECTOR OF RETAIL O 40.00	137,587	24,731	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
ALEXANDRA WILLIAMS	DIRECTOR OF VISITOR 40.00	127,500	13,686	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
HEIDI QUICKSILVER	DIRECTOR OF TECHNOLO 40.00	132,858	7,677	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071
Total number of other employees paid over $50,000...................	23


CALIFORNIA PROTECTION & INVESTIGATION SERVICES	SECURITY	1,929,519
1525 AVIATION BLVD 243 REDONDO BEACH,CA90278
FAMILY OFFICE FINANCIAL SERVICES	ACCTG, HR, TAX, IT	883,256
300 SOUTH GRAND AVE SUITE 1800 LOS ANGELES,CA90071
ABM ONSITE SERVICES	JANITORIAL	637,474
PO BOX 52609 LOS ANGELES,CA90074
DILLER SCOFIDIO RENFRO	DESIGN	385,410
601 W 26TH ST 1815 NEW YORK CITY,NY10001
SIEMENS INDUSTRY INC	TECHNOLOGY	266,809
PO BOX 2134 CAROL STREAM,IL60132

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	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.	26,381,810
2


3


4

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

		(a) Corpus	(b) Years prior to 2021	(c) 2021	(d) 2022
1 Distributable amount for 2022 from Part X, line 7
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2022:
a From 2017......
b From 2018......
c From 2019......
d From 2020......
e From 2021......
f Total of lines 3a through e ........
4Qualifying distributions for 2022 from Part
XI, line 4: $
a Applied to 2021, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2022 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2022.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2021. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2022. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2023 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2017 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2023. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2018....
b Excess from 2019....
c Excess from 2020....
d Excess from 2021....
e Excess from 2022....

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2022	(b) 2021	(c) 2020	(d) 2019	(e) Total
	1,370,347	829,470	179,896	906,072	3,285,785
b 85% (0.85) of line 2a .........	1,164,795	705,050	152,912	770,161	2,792,917
c Qualifying distributions from Part XI, line 4 for each year listed .....	20,976,079	20,039,549	23,853,274	22,513,202	87,382,104
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	20,976,079	20,039,549	23,853,274	22,513,202	87,382,104
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..	913,565	706,939	692,754	604,048	2,917,306
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1A	SPECIAL EXHIBITIONS, ART TALKS AND GROUP TICKETS PROVIDE EDUCATION AND ACCESS TO WORLD-CLASS CONTEMPORARY ART.
10	PROMOTION OF ACCESS TO CONTEMPORARY ART
11B	PROCEEDS FOR MUSEUM QUALIFYING DISTRIBUTION
11C	GAAP DISCOUNT ON CURRENT YEAR PLEDGES
11D	REIMBURSEMENTS FOR MUSEUM QUALIFYING DISTRIBUTIONS

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

(a) Name of organization	(b) Type of organization	(c) Description of relationship

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a				0

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aEXHIBITS, TICKETED PROG.					2,064,081
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	288,201
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	339,408
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory	459420	171,313			3,418,486
11 Other revenue: aMUSEUM PARKING			03	2,131,252
bINSURANCE PROCEEDS					25,000
cGAAP DISCOUNT ON PLEDGES					13,918,381
dREIMBURSEMENTS					100,000
e
12 Subtotal. Add columns (b), (d), and (e) ..		171,313		2,758,861	19,525,948

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Name of organization THE BROAD

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	THE ELI AND EDYTHE BROAD FOUNDATION 300 SOUTH GRAND AVENUE STE 1800 LOS ANGELES, CA90071	$ 3,217,600	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	EAST WEST BANK 135 N LOS ROBLES AVENUE PASADENA, CA91101	$ 1,014,365	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	INSTITUTE OF MUSEUM AND LIBRARY SERVICES 955 LENFANT PLAZA NORTH SW SUITE 40 WASHINGTON, DC20024	$ 371,414	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
4	VAN CLEEF & ARPELS 645 FIFTH AVENUE 5TH FLOOR NEW YORK, NY10022	$ 300,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
5	THE J PAUL GETTY TRUST 1200 GETTY CENTER DRIVE 401 LOS ANGELES, CA90049	$ 6,900	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)

Name of organization THE BROAD		Employer identification number 27-3032164

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2022)


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
EDWARD PATUTO	DIRECTOR OF AUDIENCE 40.00	185,794	43,484	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071	DIRECTOR OF AUDIENCE 40.00	185,794	43,484	0
RICHARD MITCHELL	DIRECTOR OF FACILITI 40.00	168,133	29,363	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071	DIRECTOR OF FACILITI 40.00	168,133	29,363	0
WILLIAM R HUDSON IV	DIRECTOR OF RETAIL O 40.00	137,587	24,731	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071	DIRECTOR OF RETAIL O 40.00	137,587	24,731	0
ALEXANDRA WILLIAMS	DIRECTOR OF VISITOR 40.00	127,500	13,686	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071	DIRECTOR OF VISITOR 40.00	127,500	13,686	0
HEIDI QUICKSILVER	DIRECTOR OF TECHNOLO 40.00	132,858	7,677	0
300 SOUTH GRAND AVENUE SUITE 1800 LOS ANGELES,CA90071	DIRECTOR OF TECHNOLO 40.00	132,858	7,677	0
Total number of other employees paid over $50,000...................				23

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
CALIFORNIA PROTECTION & INVESTIGATION SERVICES	SECURITY	1,929,519
1525 AVIATION BLVD 243 REDONDO BEACH,CA90278	SECURITY	1,929,519
FAMILY OFFICE FINANCIAL SERVICES	ACCTG, HR, TAX, IT	883,256
300 SOUTH GRAND AVE SUITE 1800 LOS ANGELES,CA90071	ACCTG, HR, TAX, IT	883,256
ABM ONSITE SERVICES	JANITORIAL	637,474
PO BOX 52609 LOS ANGELES,CA90074	JANITORIAL	637,474
DILLER SCOFIDIO RENFRO	DESIGN	385,410
601 W 26TH ST 1815 NEW YORK CITY,NY10001	DESIGN	385,410
SIEMENS INDUSTRY INC	TECHNOLOGY	266,809
PO BOX 2134 CAROL STREAM,IL60132	TECHNOLOGY	266,809

bApproved for future payment

Total ................................. 3b				0


Name of organization THE BROAD			Employer identification number 27-3032164
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Identifier	Return Reference	Explanation
CONTRIBUTION RECONCILIATION, PT 1, LINE 1 & SCH B	990PF, PART 1, LINE 1	CONTRIBUTIONS, GIFTS AND GRANTS RECEIVED ON PART 1, LINE 1 AND SCHEDULE B REFLECT 2022 ACCRUAL CONTRIBUTIONS WITHOUT REGARD TO THE DISCOUNT OF $13,918,381. THE DISCOUNT IS REFLECTED ON PART 1, LINE 11. DONATIONS RECEIVED IN 2022 (CASH BASIS) WERE $22,910,280.
	FORM 990PF, PART VII-B, LINE 1A(3) AND 1A(4)	STATEMENTS REGARDING ACTIVITIES FOR WHICH FORM 4720 MAY BE REQUIREDPART VII-B, LINE 1A(3)THERE ARE DISQUALIFIED PERSONS WHO FURNISH THE FOUNDATION WITH IN-KIND SERVICES AND USE OF FACILITIES IN ORDER TO GOVERN THE FOUNDATION'S CHARITABLE ACTIVITIES. THE SERVICES AND USE OF THE FACILITY ARE PROVIDED FREE OF CHARGE. THESE ACTIVITIES ARE NOT AN ACT OF SELF-DEALING AS CODIFIED IN IRC SECTION 4941(D)(2)(C).KELLY BEREN'S COMPENSATION IS PART OF THE FEES CHARGED BY FAMILY OFFICE FINANCIAL SERVICES, LLC (FOFS). THE PORTION OF FEES CHARGED BY FOFS FOR KELLY'S COMPENSATION ARE BASED ON AN ALLOCATION OF TIME THAT KELLY DEVOTES TO THE BROAD.
	FORM 990PF, PART VII, LINE 1 AND 3	PER THE FORM INSTRUCTIONS, AN ALLOCATION OF DIRECTORS AND OFFICERS COMPENSATION HAVE BEEN DISCLOSED ON PART VII, LINE 1 WHICH ARE PAID BY THE FOUNDATION TO FAMILY OFFICE FINANCIAL SERVICES THROUGH A SERVICES AGREEMENT. THE COMPENSATION IS FOR SERVICES THE DIRECTORS AND OFFICERS PROVIDE TO THE FOUNDATION SEPARATE FROM THEIR DUTIES AS DIRECTORS OR OFFICERS. NO ADJUSTMENTS HAVE BEEN MADE TO THE AMOUNTS ON PART I LINE 13 OR PART VII LINE 3.

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
BUILDING	163,814,451	30,577,677	133,236,774	133,236,774
FURNITURE AND FIXTURES	970,499	954,393	16,106	16,106
COMPUTERS AND EQUIPMENT	1,139,171	686,809	452,362	452,362
SOFTWARE	201,366	201,366	0
CONSTRUCTION IN PROGRESS	2,243,783	0	2,243,783	2,243,783
LAND	13,195,753	0	13,195,753	13,195,753

Item No.	1
Lender's Name	THE CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK
Lender's Title
Relationship to Insider	NONE
Original Amount of Loan	150,000,000
Balance Due	141,659,349
Date of Note	2021-05
Maturity Date	2031-06
Repayment Terms	10 YR @ 5%, PAYABLE SEMI-ANNUALLY, EFF YLD 0.903%
Interest Rate	5.000000000000
Security Provided by Borrower	SECURITY INTEREST IN $161,000,000 OF GROSS CONTRIBUTIONS RECEIVABLE
Purpose of Loan	DESIGN, DEVELOPMENT AND CONSTRUCTION OF MUSEUM PROJECT
Description of Lender Consideration	TAX EXEMPT BOND PROCEEDS
Consideration FMV	150893049

Description	Revenue and Expenses per Books	Adjusted Net Income	Disbursements for Charitable Purposes
ART EXPENSE	849,396	-530	849,926
MAINTENANCE AND REPAIRS	892,956	81,228	811,728
LICENSING	146,002	129,678	16,324
BANK FEES	174,827	173,608	1,219
OFFICE EXPENSE & OTHER COSTS	975,229	296,672	678,557
PARKING	979,485	977,442	2,043
INSURANCE	295,007	4,368	290,639
BOND COST	17,030	0	17,030
EVENT & PROMOTION	1,152,991	68,213	1,084,778
TECHNOLOGY	191,113	0	191,113
ACCRUAL TO CASH ADJUSTMENT	0	0	-333,904
EXHIBITION TOUR FEES	1,810	0	1,810

Description	Revenue And Expenses Per Books	Adjusted Net Income
EXHIBITS, TICKETED PROG.	2,064,081	2,064,081
MUSEUM PARKING	2,131,252	2,131,252
INSURANCE PROCEEDS	25,000	5,658
GAAP DISCOUNT ON PLEDGES	13,918,381	0
REIMBURSEMENTS	100,000	0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PROGRAM RELATED FEES	620,616	0	16,465	604,151
OTHER PROF FEES	1,062,469	0	0	1,062,469
CLEANING FEES	599,345	0	31,535	567,810
MUSEUM SECURITY	2,015,986	0	1,562,866	453,120
PUBLIC RELATIONS	176,542	0	0	176,542
SERVICE FEES	875,963	7,050	58,820	817,143
SERVICE FEES - RENTAL	7,050	7,050	7,050	0

Software ID:
Software Version:

Category	Amount	Disbursements for Charitable Purposes
OTHER TAXES	2,556	2,556
FEDERAL	18,500	18,500
STATE	5,452	5,452