TY 2024 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(1) ANDREW HAUPTMAN...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0
(2) ANTHONY N PRITZKER...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0
(3) CHARLES GAINES...................................................................... DIRECTOR	1.50 ................. 0.00	X		0	0
(4) CHIP ROSENBLOOM...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0
(5) CINDY MISCIKOWSKI...................................................................... DIRECTOR	1.50 ................. 0.00	X		0	0
(6) DARNELL HUNT...................................................................... EXECUTIVE VICE CHANCELLOR & PROVOST THRU 1/25	0.00 ................. 40.00	X		283,650	48,041
(7) ERIC ESRAILIAN...................................................................... DIRECTOR	1.50 ................. 0.00	X		0	0
(8) JAY BROWN...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0
(9) JOHN WALSH...................................................................... DIRECTOR	1.50 ................. 0.00	X		0	0
(10) KATIE RODAN...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0
(11) KEVIN L RATNER...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0
(12) LARRY JACKSON...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0
(13) LINDA JANGER...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0
(14) MANUELA HERZER...................................................................... DIRECTOR	1.00 ................. 0.00	X		0	0
(15) MARCY CARSEY...................................................................... CHAIRMAN	2.00 ................. 0.00	X	X	0	0
(16) MARY OSAKO...................................................................... DIRECTOR	1.00 ................. 40.00	X		307,078	47,527
(17) MICHAEL RUBEL...................................................................... PRESIDENT	2.00 ................. 0.00	X	X	0	0

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(18) MIKY LEE........................................................................ DIRECTOR	1.00 .......................0.00	X				0	0
(19) NICK GROUF........................................................................ DIRECTOR	1.00 .......................0.00	X				0	0
(20) ROBERT SOROS........................................................................ DIRECTOR	1.00 .......................0.00	X				0	0
(21) STEVEN A OLSEN........................................................................ TREASURER	2.00 .......................0.00	X	X			0	0
(22) STEVEN P SONG........................................................................ DIRECTOR	1.00 .......................0.00	X				0	0
(23) ANN PHILBIN........................................................................ MUSEUM DIRECTOR/CEO THRU 11/2024	40.00 .......................0.00		X			941,651	73,768
(24) MICHAEL HARRISON........................................................................ DEPUTY DIR/ASST TREASURER THRU 12/2024	40.00 .......................0.00		X			320,057	38,562
(25) RESHMA BISHNOI........................................................................ SEC/DIR LEGAL AFFAIRS	40.00 .......................0.00		X			171,689	25,596
(26) ZOE RYAN........................................................................ MUSEUM DIRECTOR/CEO AS OF 1/2025	40.00 .......................0.00		X			70,467	0
(27) ALFRED YERIES........................................................................ DEPUTY DIR/EXTERNAL AFFAIRS	40.00 .......................0.00			X		288,753	28,948
(28) CYNTHIA BURLINGHAM........................................................................ DEPUTY DIR/CURATORIAL AFFAIRS	40.00 .......................0.00			X		310,468	71,617
(29) EBONY WYATT........................................................................ CHIEF OF HUMAN RESOURCES	40.00 .......................0.00			X		211,934	36,284
(30) NAOKO TAKAHATAKE........................................................................ DIRECTOR & CHIEF CURATOR, GRUNWALD CENTER	40.00 .......................0.00			X		173,206	28,521
(31) SCOTT TENNENT........................................................................ CHIEF COMMUNICATIONS OFFICER	40.00 .......................0.00			X		186,926	36,622
(32) CLAUDIA BESTOR........................................................................ DIRECTOR PUBLIC PROGRAMS	40.00 .......................0.00				X	140,603	29,729
(33) HENRY CLANCY........................................................................ DIRECTOR OPERATIONS	40.00 .......................0.00				X	153,062	30,756
(34) MICHAEL NOCK........................................................................ DIRECTOR OF EXHIBITIONS & PUBLICATIONS	40.00 .......................0.00				X	145,277	39,666
(35) PORTLAND MCCORMICK........................................................................ DIR REGISTRATION & COLLEC MGMT	40.00 .......................0.00				X	150,778	35,335
(36) NICOLE BERRY........................................................................ SENIOR DIRECTOR, DONOR ENGAGEMENT	40.00 .......................0.00				X	154,350	29,942

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public
Inspection

Name of the organization

ARMAND HAMMER MUSEUM OF ART AND
CULTURAL CENTER INC

Employer identification number

95-4217197

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................1

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iii) Type of organization (described on lines 1- 10 above (see instructions))	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN		Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(A) THE REGENTS OF THE UNIVERSITY OF CA	956006143	6	Yes		0	0

Total 1					0	0

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2024

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	16,011,562	25,310,529	22,686,719	23,708,504	20,483,079	108,200,403
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3						108,200,403
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..						1,700,903
6	Public support. Subtract line 5 from line 4.						106,499,500

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
7	Amounts from line 4..						108,200,403
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	2,454,155	2,592,887	2,175,139	2,603,069	2,747,414	12,572,664
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..	1,000	29,903	79,228	79,890	136,077	326,098
11	Total support. Add lines 7 through 10						121,099,166

Gross receipts from related activities, etc. (see instructions) ..................

2,786,217

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2024 (line 6, column (f) divided by line 11, column (f)) .........

87.940 %

Public support percentage for 2023 Schedule A, Part II, line 14 ...............

86.480 %

16a

33 1/3% support test—2024. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2023. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2024. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2024

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2024 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2023 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2024 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2023 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests-2024. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3 % support tests—2023. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2024

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Yes

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Yes

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2024

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Yes

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

Yes

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Yes

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2024

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2024

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2024 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2024	(iii) Distributable Amount for 2024
1 Distributable amount for 2024 from Section C, line 6
2 Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2024:
a From 2019.......
b From 2020.......
c From 2021.......
d From 2022.......
e From 2023.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2024 distributable amount
i Carryover from 2019 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2024 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2024 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2025. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2020.....
b Excess from 2021.....
c Excess from 2022.....
d Excess from 2023.....
e Excess from 2024.....

Schedule A (Form 990) (2024)

Schedule A (Form 990) 2024

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation
SCHEDULE A, PART VI, EXPLANATION OF OTHER INCOME:	OTHER INCOME - 2020 AMOUNT: $ 1,000. 2021 AMOUNT: $ 29,903. 2022 AMOUNT: $ 79,228. 2023 AMOUNT: $ 79,890. 2024 AMOUNT: $ 136,077.
PART IV, SECTION A, LINE 2:	SUPPORTED ORGANIZATION IRS DETERMINATION OF STATUS THE MUSEUM SUPPORTS THE REGENTS OF THE UNIVERSITY OF CALIFORNIA, A GOVERNMENTAL ENTITY, WHICH IS FOR THE BENEFIT OF THE PUBLIC AND QUALIFIES AS 509(A)(1). THE MUSEUM RECEIVED A DETERMINATION LETTER FROM THE IRS ON NOVEMBER 1, 2017 CLASSIFYING THE MUSEUM'S SUPPORTING ORGANIZATION STATUS AS A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION.
PART IV, SECTION D, LINE 3:	SUPPORTED ORGANIZATION'S ROLE IN INVESTMENT POLICIES OF THE ORGANIZATION THE MUSEUM'S INVESTMENT COMMITTEE ELECTED TO UTILIZE INVESTMENT MANAGEMENT SERVICES FROM ANOTHER SUPPORTING ORGANIZATION OF THE UNIVERSITY OF CALIFORNIA AND ITS FUNDS ARE INVESTED IN ITS ENDOWMENT INVESTMENT POOL. AT THE TIME OF SUCH ELECTION, THE MUSEUM'S INVESTMENT COMMITTEE INCLUDED 0% OF ITS MEMBERS FROM THE SUPPORTED ORGANIZATION.
PART IV, SECTION E, LINE 1C:	SUPPORT OF A GOVERNMENTAL ENTITY THE MUSEUM PROVIDED OR PURCHASED VARIOUS SERVICES AND/OR GOODS FOR THE REGENTS OF THE UNIVERSITY OF CALIFORNIA, A GOVERNMENTAL ENTITY. THE MUSEUM, NEIGHBORING THE CAMPUS OF THE UNIVERSITY OF CALIFORNIA, LOS ANGELES (UCLA), IS MANAGED BY THE REGENTS OF THE UNIVERSITY OF CALIFORNIA, PURSUANT TO A 99-YEAR OPERATING AGREEMENT. THE MUSEUM IS RESPONSIVE TO UCLA THROUGH UCLA'S APPOINTMENT OF CERTAIN MUSEUM BOARD MEMBERS. THE MUSEUM IS ONE OF THREE PUBLIC ART UNITS OF THE SCHOOL OF ARTS AND ARCHITECTURE AT UCLA. IT PROVIDES FREE ADMISSION TO THE UNIVERSITY STUDENTS AS WELL AS MEMBERS OF THE GENERAL PUBLIC. ADDITIONALLY, IT OPERATES OVER 300 ANNUAL PUBLIC PROGRAMS, INCLUDING PROVIDING FACILITIES FOR SCREENINGS, LECTURES AND EVENTS FOR UCLA.

Schedule A (Form 990) 2024

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

Name of the organization

ARMAND HAMMER MUSEUM OF ART AND
CULTURAL CENTER INC

Employer identification number

95-4217197

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025) Page 2

Name of organization ARMAND HAMMER MUSEUM OF ART AND CULTURAL CENTER INC

Part I	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
RESTRICTED	,	$ RESTRICTED	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.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	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.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	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) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 3

Name of organization ARMAND HAMMER MUSEUM OF ART AND CULTURAL CENTER INC		Employer identification number 95-4217197

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) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 4


Name of organization ARMAND HAMMER MUSEUM OF ART AND CULTURAL CENTER INC			Employer identification number 95-4217197
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.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

ARMAND HAMMER MUSEUM OF ART AND
CULTURAL CENTER INC

Employer identification number

95-4217197

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....	139,935,248	135,387,054	134,461,060	157,940,068	124,169,118
b	Contributions ...	600,000	600,000	1,000,000	900,000	500,000
c	Net investment earnings, gains, and losses	15,691,845	12,665,016	8,788,419	-15,626,290	41,666,078
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...	9,880,317	7,837,714	8,004,156	7,757,875	7,515,312
f	Administrative expenses ....	923,389	879,108	858,269	994,843	879,816
g	End of year balance ......	145,423,387	139,935,248	135,387,054	134,461,060	157,940,068

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

56.760 %

Permanent endowment right arrow

0 %

Term endowment right arrow

43.240 %

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

Yes

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Yes

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements	92,478,025	32,050,778	60,427,247
d	Equipment ....	4,508,000	3,111,552	1,396,448
e	Other .....	53,800,000	5,298,485	48,501,515
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				110,325,210

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3) Other (A) INVESTMENT IN UCLA FDN	145,423,388	F
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	145,423,388

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
UNEARNED INCOME	29,750
DUE TO RELATED PARTIES	1,420,234







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	1,449,984
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	38,943,988
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	8,332,202
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................			2e	8,332,202
3	Subtract line 2e from line 1..................			3	30,611,786
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	2,234,377
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................			4c	2,234,377
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	32,846,163

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	38,862,902
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................			2e	0
3	Subtract line 2e from line 1...................			3	38,862,902
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	2,234,377
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................			4c	2,234,377
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	41,097,279

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART III, LINE 1A:	THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PERMIT SUCH TREATMENT IF THE CONTRIBUTED WORKS OF ART ARE HELD FOR PUBLIC EXHIBITION AND EDUCATION RATHER THAN FINANCIAL GAIN, THE COLLECTION IS PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED, AND THE CONTRIBUTED ARTWORK IS SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. FOR INSURANCE PURPOSES, THE VALUE OF THE ART COLLECTIONS IS APPRAISED EVERY FIVE YEARS. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. THE MUSEUM'S PERMANENT COLLECTIONS CONSIST OF: THE ARMAND HAMMER COLLECTION (OLD MASTER, IMPRESSIONIST AND POST IMPRESSIONIST PAINTINGS); THE ARMAND HAMMER DAUMIER AND CONTEMPORARIES COLLECTION (PAINTINGS, SCULPTURES, AND LITHOGRAPHS BY THE FRENCH 19TH CENTURY CARICATURIST HONORE DAUMIER AND THE WORK OF HIS CONTEMPORARIES); AND THE HAMMER CONTEMPORARY COLLECTION (INTERNATIONAL CONTEMPORARY ART SINCE 1965, WITH AN EMPHASIS ON WORKS ON PAPER AND LOS ANGELES ARTISTS). THROUGHOUT THE YEAR, THE MUSEUM DISPLAYS A SUBSTANTIAL PORTION OF THE ARMAND HAMMER COLLECTION, AS WELL AS A ROTATION OF SELECTIONS FROM THE ARMAND HAMMER DAUMIER AND CONTEMPORARIES COLLECTION AND THE HAMMER CONTEMPORARY COLLECTION. THE COLLECTIONS ARE SUBJECT TO A POLICY WHICH REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. THERE WERE NO SIGNIFICANT SALES OF ART RELATED TO THESE COLLECTIONS DURING THE FISCAL YEAR ENDED JUNE 30, 2025.
PART V, LINE 4:	INVESTMENT INCOME FROM THE MUSEUM'S ENDOWMENT IS USED FOR THE ACQUISITION OF WORKS OF ART FOR ITS COLLECTIONS, PRESENTING EXHIBITIONS AND PROGRAMS, AND GENERAL MUSEUM OPERATIONS.
PART X, LINE 2:	THE MUSEUM IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE AND IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, THE MUSEUM IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.

Schedule D (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE G (Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization
ARMAND HAMMER MUSEUM OF ART AND
CULTURAL CENTER INC

Employer identification number

95-4217197

Part I

Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.

Form 990-EZ filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

YesNo

If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










Total . . . . . . . . . . . . . . . . . . . .

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50083H

Schedule G (Form 990) (Rev. 1-2025)

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

		(a) Event #1 GALA IN GARDEN (event type)	(b) Event #2 K.A.M.P. (event type)	(c) Other events (total number)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . . . .	2,462,032	234,988		2,697,020
2	Less: Contributions . . . .	2,360,207	182,853		2,543,060
3	Gross income (line 1 minus line 2) . . . . . .	101,825	52,135		153,960

4	Cash prizes . . . . .
5	Noncash prizes . . . .
6	Rent/facility costs . . . .	240,764	23,179	263,943
7	Food and beverages . . .	204,901	39,593	244,494
8	Entertainment . . . .	12,000	862	12,862
9	Other direct expenses . . .	575,582	30,423	606,005
10	Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . .			1,127,304
11	Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . .			-973,344

Part III

Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

		(a) Bingo	(b) Pull tabs/Instant bingo/progressive bingo	(c) Other gaming	(d) Total gaming (add col.(a) through col.(c))
1	Gross revenue . . . . .

2	Cash prizes . . . . .
3	Noncash prizes . . . .
4	Rent/facility costs . . . .
5	Other direct expenses . . .

Volunteer labor . . . .

	Yes %
	No

	Yes %
	No

	Yes %
	No

Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow

Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow

Enter the state(s) in which the organization conducts gaming activities:

Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .

YesNo

If "No," explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .

YesNo

If "Yes," explain:

Schedule G (Form 990) (Rev. 1-2025)

Page 3

Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? . . . . . . . . . . . . . . . . .

YesNo

Indicate the percentage of gaming activity conducted in:

The organization's facility . . . . . . . . . . . . . . . . . .

13a

An outside facility . . . . . . . . . . . . . . . . . . . .

13b

Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? . . . . . . . . . . . . . . . . . . . . . . . .

YesNo

If "Yes," enter the amount of gaming revenue received by the organization right arrow

$ and the

amount of gaming revenue retained by the third party right arrow

$ .

If "Yes," enter name and address of the third party:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? . . . . . . . . . . . . . . . . . . .

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year right arrow

Part IV

Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.

Return Reference	Explanation

Schedule G (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

ARMAND HAMMER MUSEUM OF ART AND
CULTURAL CENTER INC

Employer identification number

95-4217197

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) (Rev. 1-2025)

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1ANN PHILBIN MUSEUM DIRECTOR/CEO THRU 11/2024	(i) (ii)	741,651 ------------- 0	200,000 ------------- 0	0 ------------- 0	48,276 ------------- 0	25,492 ------------- 0	1,015,419 ------------- 0	0 ------------- 0
2CYNTHIA BURLINGHAM DEPUTY DIR/CURATORIAL AFFAIRS	(i) (ii)	310,468 ------------- 0	0 ------------- 0	0 ------------- 0	46,125 ------------- 0	25,492 ------------- 0	382,085 ------------- 0	0 ------------- 0
3MICHAEL HARRISON DEPUTY DIR/ASST TREASURER THRU 12/20	(i) (ii)	318,957 ------------- 0	0 ------------- 0	1,100 ------------- 0	25,962 ------------- 0	12,600 ------------- 0	358,619 ------------- 0	0 ------------- 0
4MARY OSAKO DIRECTOR	(i) (ii)	0 ------------- 307,078	0 ------------- 0	0 ------------- 0	0 ------------- 12,125	0 ------------- 35,402	0 ------------- 354,605	0 ------------- 0
5DARNELL HUNT EXECUTIVE VICE CHANCELLOR & PROVOST	(i) (ii)	0 ------------- 283,650	0 ------------- 0	0 ------------- 0	0 ------------- 40,593	0 ------------- 7,448	0 ------------- 331,691	0 ------------- 0
6ALFRED YERIES DEPUTY DIR/EXTERNAL AFFAIRS	(i) (ii)	287,553 ------------- 0	0 ------------- 0	1,200 ------------- 0	16,348 ------------- 0	12,600 ------------- 0	317,701 ------------- 0	0 ------------- 0
7EBONY WYATT CHIEF OF HUMAN RESOURCES	(i) (ii)	211,094 ------------- 0	0 ------------- 0	840 ------------- 0	14,975 ------------- 0	21,309 ------------- 0	248,218 ------------- 0	0 ------------- 0
8SCOTT TENNENT CHIEF COMMUNICATIONS OFFICER	(i) (ii)	186,086 ------------- 0	0 ------------- 0	840 ------------- 0	16,280 ------------- 0	20,342 ------------- 0	223,548 ------------- 0	0 ------------- 0
9NAOKO TAKAHATAKE DIRECTOR & CHIEF CURATOR, GRUNWALD C	(i) (ii)	172,366 ------------- 0	0 ------------- 0	840 ------------- 0	14,245 ------------- 0	14,276 ------------- 0	201,727 ------------- 0	0 ------------- 0
10RESHMA BISHNOI SEC/DIR LEGAL AFFAIRS	(i) (ii)	170,849 ------------- 0	0 ------------- 0	840 ------------- 0	12,382 ------------- 0	13,214 ------------- 0	197,285 ------------- 0	0 ------------- 0
11PORTLAND MCCORMICK DIR REGISTRATION & COLLEC MGMT	(i) (ii)	149,938 ------------- 0	0 ------------- 0	840 ------------- 0	22,049 ------------- 0	13,286 ------------- 0	186,113 ------------- 0	0 ------------- 0
12MICHAEL NOCK DIRECTOR OF EXHIBITIONS & PUBLICATIO	(i) (ii)	144,437 ------------- 0	0 ------------- 0	840 ------------- 0	11,849 ------------- 0	27,817 ------------- 0	184,943 ------------- 0	0 ------------- 0
13NICOLE BERRY SENIOR DIRECTOR, DONOR ENGAGEMENT	(i) (ii)	153,790 ------------- 0	0 ------------- 0	560 ------------- 0	12,955 ------------- 0	16,987 ------------- 0	184,292 ------------- 0	0 ------------- 0
14HENRY CLANCY DIRECTOR OPERATIONS	(i) (ii)	152,222 ------------- 0	0 ------------- 0	840 ------------- 0	22,039 ------------- 0	8,717 ------------- 0	183,818 ------------- 0	0 ------------- 0
15CLAUDIA BESTOR DIRECTOR PUBLIC PROGRAMS	(i) (ii)	139,763 ------------- 0	0 ------------- 0	840 ------------- 0	20,418 ------------- 0	9,311 ------------- 0	170,332 ------------- 0	0 ------------- 0

Schedule J (Form 990) (Rev. 1-2025)

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

ARMAND HAMMER MUSEUM OF ART AND
CULTURAL CENTER INC

Employer identification number

95-4217197

Return Reference	Explanation
FORM 990, PART I, LINE 1	THE HAMMER MUSEUM AT UCLA BELIEVES IN THE PROMISE OF ART AND IDEAS TO ILLUMINATE OUR LIVES AND BUILD A MORE JUST WORLD.
FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:	EXHIBITIONS, PUBLICATIONS & COLLECTIONS: THE MUSEUM PRESENTS CONTEMPORARY AND HISTORICAL ART IN ALL MEDIA IN A ROTATING EXHIBITION PROGRAM THAT TYPICALLY PRESENTS 10-15 EXHIBITIONS AND PUBLISHES 2-6 BOOKS EACH YEAR. IN 2025 THE MUSEUM PRESENTED AN EXHIBITION ABOUT JAZZ ICON ALICE COLTRANE; A RETROSPECTIVE OF THE LATE LOS ANGELES ARTIST NOAH DAVIS; A MULTI-GALLERY INSTALLATION BY ARTIST LAWRENCE LEK; AND THE 7TH EDITION OF ITS ACCLAIMED MADE IN L.A. BIENNIAL. THE MUSEUM ALSO PRESENTED THREE HAMMER PROJECTS BY INTERNATIONAL ARTISTS LAP-SEE LAM, RENATA PETERSEN, AND COLECTIVO CHERANI. THE MUSEUM IS ALSO THE STEWARD OF FIVE COLLECTIONS: THE HAMMER CONTEMPORARY COLLECTION, A GROWING COLLECTION OF INTERNATIONAL CONTEMPORARY ART SINCE 1960; THE UCLA GRUNWALD CENTER FOR THE GRAPHIC ARTS COLLECTION, ONE OF AMERICA'S FINEST COLLECTIONS OF WORKS ON PAPER, CONTAINING MORE THAN 45,000 PRINTS, DRAWINGS, PHOTOGRAPHS, AND ARTISTS' BOOKS FROM THE RENAISSANCE TO THE PRESENT; THE ARMAND HAMMER COLLECTION, AN IMPRESSIVE COLLECTION OF EUROPEAN AND AMERICAN PAINTINGS AND DRAWINGS REFLECTING THE INTERESTS AND PASSION OF THE MUSEUM'S FOUNDER, ARMAND HAMMER; THE ARMAND HAMMER DAUMIER AND CONTEMPORARIES COLLECTION, ONE OF THE WORLD'S MOST EXTENSIVE COLLECTIONS OF PRINTS, DRAWINGS, PAINTINGS, AND SCULPTURE BY NINETEENTH-CENTURY FRENCH SATIRIST HONORE DAUMIER; AND THE UCLA FRANKLIN D. MURPHY SCULPTURE GARDEN, WHICH INCLUDES OVER 70 OUTDOOR SCULPTURES.
FORM 990, PART VI, SECTION A, LINE 3	DELEGATE CONTROL OVER MANAGEMENT DUTIES THE HAMMER MUSEUM HAS DELEGATED EXCLUSIVE OPERATIONAL MANAGEMENT OF THE MUSEUM TO THE UNIVERSITY OF CALIFORNIA PER AN OPERATING AGREEMENT BETWEEN THE MUSEUM AND THE UNIVERSITY THAT WAS ENTERED INTO ON MARCH 31, 1994 FOR A TERM OF NINETY-NINE YEARS. THE OPERATING AGREEMENT PROVIDES FOR SPECIFIC POWERS AND DUTIES RESERVED TO THE MUSEUM'S BOARD OF DIRECTORS AND DELEGATES TO THE UNIVERSITY ALL OTHER POWERS AND DUTIES THAT MAY BE CONFERRED BY LAW. THE OPERATING AGREEMENT GRANTS TO THE UNIVERSITY THE AUTHORITY TO MANAGE THE DAY-TO-DAY OPERATIONS OF THE MUSEUM AS A FIRST CLASS PUBLIC ART MUSEUM AND CULTURAL CENTER IN ACCORDANCE WITH STANDARD MUSEUM PRACTICE. THE OPERATING AGREEMENT ALSO OBLIGATES THE UNIVERSITY TO FUND ANY SHORTFALL NECESSARY FOR THE MANAGEMENT AND OPERATION OF THE MUSEUM UP TO A CERTAIN AMOUNT PER FISCAL YEAR, WHICH IS ADJUSTED FOR COST OF LIVING INCREASES. THE TERMS AND CONDITIONS OF THE OPERATING AGREEMENT ARE SUBJECT TO CERTAIN OTHER AGREEMENTS ENTERED INTO BY THE MUSEUM WITH CERTAIN KEY PARTIES.
FORM 990, PART VI, SECTION A, LINE 7A	GOVERNING BODY THE BOARD OF DIRECTORS, AS THE SOLE MEMBER OF THE CORPORATION, HAS THE POWER TO ELECT ALL BUT THREE OF THE TWENTY-ONE DIRECTORS ON THE BOARD. THESE THREE DIRECTORS ARE APPOINTED AS FOLLOWS: THE THEN-SITTING CHANCELLOR OF THE UNIVERSITY OF CALIFORNIA, LOS ANGELES IS AN EX OFFICIO DIRECTOR; THE UNIVERSITY HAS THE RIGHT TO APPOINT AND REMOVE TWO DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 REVIEW PROCESS THE HAMMER MUSEUM BOARD OF DIRECTORS HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE. THE MUSEUM'S DEPUTY DIRECTOR, FINANCE AND ADMINISTRATION, AND THE MUSEUM'S DIRECTOR OF FINANCE, WORK CLOSELY TO REVIEW THE RETURN WITH THE OUTSIDE ACCOUNTING FIRM ENGAGED BY THE MUSEUM. THE AUDIT COMMITTEE ALSO MEETS WITH THE ACCOUNTING FIRM TO REVIEW AND DISCUSS THE FORM 990, AND SUBSEQUENT TO ITS REVIEW, REPORTS BACK TO THE BOARD REGARDING ITS OVERSIGHT OF THE FORM 990. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C	MONITORING AND ENFORCING COMPLIANCE WITH CONFLICT OF INTEREST POLICY THE HAMMER MUSEUM, AS PART OF THE UNIVERSITY, IS SUBJECT TO THE CALIFORNIA POLITICAL REFORM ACT, WHICH REQUIRES THAT CERTAIN STATE AND LOCAL GOVERNMENT OFFICIALS PUBLICLY DISCLOSE THEIR PRIVATE ECONOMIC INTERESTS ON AN OFFICIAL STATEMENT OF ECONOMIC INTERESTS FORM, AND THAT ALL GOVERNMENT (UNIVERSITY) EMPLOYEES DISQUALIFY THEMSELVES FROM PARTICIPATING IN DECISIONS IN WHICH THEY HAVE A PERSONAL FINANCIAL INTEREST. THE UNIVERSITY LISTS THE POSITION TITLES OF THOSE EMPLOYEES OR OFFICIALS (DESIGNATED POSITION) IN AN ORGANIZATION WHO ARE REQUIRED TO PROVIDE PERSONAL FINANCIAL INFORMATION, ASSIGNS DISCLOSURE CATEGORIES TO THESE POSITIONS, AND INDICATES THE TYPES OF ECONOMIC INTEREST WHICH MUST BE REPORTED, SUCH AS INVESTMENTS, INTERESTS IN REAL ESTATE, OR SOURCES OF INCOME OR GIFTS. DESIGNATED EMPLOYEES ARE REQUIRED TO FILE STATEMENTS WHEN THEY ASSUME AND LEAVE A DESIGNATED POSITION, AND ANNUALLY WHILE THEY ARE IN THE DESIGNATED POSITION. HAMMER MUSEUM EMPLOYEES ARE UNIVERSITY OF CALIFORNIA EMPLOYEES, WHO ARE ALL, EITHER DIRECTLY OR BY APPLICATION OF THE UNIVERSITY'S CONFLICT OF INTEREST CODE, SUBJECT TO THOSE PROVISIONS OF THE ACT WHICH PROHIBIT THE MAKING OF OR THE PARTICIPATION IN UNIVERSITY DECISIONS IN WHICH FINANCIAL CONFLICTS OF INTEREST EXIST. AN INDIVIDUAL WHO FINDS HIMSELF OR HERSELF IN A CONFLICT OF INTEREST IS REQUIRED TO REFRAIN FROM MAKING, PARTICIPATING IN THE MAKING OF, OR ATTEMPTING TO INFLUENCE ANY UNIVERSITY DECISION WHICH MAY MATERIALLY AFFECT THE INDIVIDUAL'S FINANCIAL INTERESTS. THE UNIVERSITY REQUIRES THAT ALL EMPLOYEES PERIODICALLY COMPLETE A MANDATORY COMPLIANCE BRIEFING, WHICH IS DESIGNED TO RAISE CONTINUED AWARENESS OF THE UNIVERSITY OF CALIFORNIA STATEMENT OF ETHICAL VALUES AND STANDARDS OF ETHICAL CONDUCT, AND TO CONVEY UNIVERSITY EMPLOYMENT OBLIGATIONS WITH RESPECT TO ETHICAL AND COMPLIANT BEHAVIOR. THE MUSEUM ADOPTED ITS OWN ETHICAL GUIDELINES, WHICH ADDRESS CONFLICTS OF INTEREST. ALL COVERED PERSONS, WHICH INCLUDE BOARD MEMBERS, OFFICERS AND ANY KEY EMPLOYEES, ARE EXPECTED TO REASONABLY AND PROFESSIONALLY ASSESS THEIR INDIVIDUAL SITUATIONS FOR ACTUAL, POTENTIAL, OR PERCEIVED CONFLICTS, AND TO EXERCISE GOOD JUDGMENT IN DISCLOSING SUCH CONFLICTS. ALL EMPLOYEES SHOULD DISCLOSE ACTUAL, POTENTIAL AND PERCEIVED CONFLICTS OF INTEREST TO THEIR IMMEDIATE SUPERVISOR AND TO THE EXTENT POSSIBLE, WRITTEN DISCLOSURES AND APPROVALS SHOULD BE SUBMITTED ON A CONFLICT OF INTEREST DISCLOSURE FORM. THE MUSEUM PROVIDES THE ETHICAL GUIDELINES TO, AND REQUESTS A CERTIFICATE OF COMPLIANCE FROM THE BOARD, OFFICERS AND ANY KEY EMPLOYEES, ANNUALLY. BY ADOPTING AND CERTIFYING THEIR COMPLIANCE, BOARD MEMBERS ARE ALSO SEPARATELY BOUND TO DISCLOSE ANY CONFLICTS AS THEY MAY ARISE BY USE OF ANOTHER FORM PROVIDED WITH THE ETHICAL GUIDELINES. THOUGH NOT FORMALLY CHARGED WITH THE RESPONSIBILITY, THE BOARD SECRETARY (OR ASSISTANT SECRETARY) IS RESPONSIBLE FOR COLLECTING, REVIEWING AND RETAINING CERTIFICATES OF COMPLIANCE IN MUSEUM FILES. ANY DISCLOSURES MUST BE MADE TO THE BOARD PRESIDENT, OR IF HE OR SHE IS NOT AVAILABLE, TO THE CHAIRMAN OF THE BOARD. THE BOARD PRESIDENT WOULD DISCLOSE CONFLICTS TO THE CHAIRMAN OF THE BOARD. THEREFORE, THE BOARD PRESIDENT AND CHAIRMAN OF THE BOARD WOULD BE RESPONSIBLE FOR ADDRESSING ANY POTENTIAL CONFLICTS THAT MAY ARISE WITH THE BOARD AS APPROPRIATE.
FORM 990, PART VI, SECTION B, LINE 15	PROCESS OF DETERMINING COMPENSATION THE MUSEUM, WORKING THROUGH THE BOARD-APPOINTED COMPENSATION COMMITTEE THAT IS COMPRISED OF INDEPENDENT PERSONS, HAS A PROCESS FOR REVIEWING AND ENDORSING COMPENSATION PACKAGES FOR OFFICERS AND KEY EMPLOYEES, INCLUDING THE MUSEUM DIRECTOR/CEO. THE HAMMER COMPENSATION COMMITTEE MET ON MAY 14, 2024 TO REVIEW THE COMPENSATION PLAN FOR THE MUSEUM'S OFFICERS AND KEY EMPLOYEES. THE COMPENSATION PLAN INCLUDED BENCHMARKING DATA FROM PEER INSTITUTIONS AS SHOWN ON THEIR PUBLIC 990 TAX RETURNS, AND THE ANNUAL SALARY SURVEY FROM THE ASSOCIATION OF ART MUSEUM DIRECTORS ('AAMD'). THE COMMITTEE VOTED UNANIMOUSLY TO ENDORSE THE COMPENSATION PLAN AND COMPENSATION RANGES FOR THE COMING FISCAL YEAR. THE COMMITTEE REPORTED ITS REVIEW OF THE COMPENSATION PLAN TO THE HAMMER BOARD OF DIRECTORS AT THE JUNE 4, 2024 HAMMER BOARD MEETING.
FORM 990, PART VI, SECTION C, LINE 19	DISCLOSURE OF DOCUMENTS THE MUSEUM'S AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION ON ITS WEBSITE AND HARD COPY BY REQUEST. ADDITIONALLY, THE MUSEUM FILES ITS FORM 990 WITH THE CALIFORNIA ATTORNEY GENERAL AND ROUTINELY UPDATES ITS INFORMATION ON THIRD PARTY PLATFORMS SUCH AS GUIDESTAR, CHARITY NAVIGATOR, AND THE NATIONAL CENTER FOR CHARITABLE STATISTICS. THE MUSEUM'S ARTICLES, BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

ARMAND HAMMER MUSEUM OF ART AND
CULTURAL CENTER INC

Employer identification number

95-4217197

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity
(1) HAMMER F&B LLC 10899 WILSHIRE BLVD LOS ANGELES,CA900244314 36-5076006	FOOD & BEVERAGE	CA	2,153,971	614,093	ARMAND HAMMER MUSEUM OF ART AND CULTURAL CENTER INC

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)THE REGENTS OF THE UNIVERSITY OF CALIFORNIA 405 HILGARD AVE LOS ANGELES,CA90095 95-6006143	EDUCATION	CA			N/A		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) (Rev. 1-2025)

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No

Schedule R (Form 990) (Rev. 1-2025)

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

Yes

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

Yes

k Lease of facilities, equipment, or other assets from related organization(s) ......................

Yes

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

Yes

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

Yes

q Reimbursement paid by related organization(s) for expenses ............................

Yes

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved

Schedule R (Form 990) (Rev. 1-2025)

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) (Rev. 1-2025)

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: SEE SCHEDULE O.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	21
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	20
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	643
6	Total number of volunteers (estimate if necessary) .............	6	5
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	605,995
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	23,708,504	20,483,079
9	Program service revenue (Part VIII, line 2g) .........	1,008,940	685,232
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	6,715,082	9,245,763
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	421,047	2,432,089
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	31,853,573	32,846,163
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	16,358,389	18,691,959
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 5,244,935
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	23,567,117	22,405,320
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	39,925,506	41,097,279
19	Revenue less expenses. Subtract line 18 from line 12.......	-8,071,933	-8,251,116
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	299,333,107	298,206,416
21	Total liabilities (Part X, line 26).............	13,878,094	12,670,317
22	Net assets or fund balances. Subtract line 21 from line 20.....	285,455,013	285,536,099

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 20,910,025 including grants of $ ) (Revenue $ 642,172 )
	SEE SCHEDULE O.

4b	(Code: ) (Expenses $ 7,107,834 including grants of $ ) (Revenue $ 43,060 )
	PUBLIC & ACADEMIC PROGRAMS: THE HAMMER'S 300+ PROGRAMS EACH YEAR ARE DESIGNED TO SPARK MEANINGFUL ENCOUNTERS WITH ART AND IDEAS. THEY INCLUDE LECTURES, SYMPOSIA, UNIVERSITY OUTREACH, FILM SERIES, READINGS, FAMILY EVENTS, TOURS, AND MUSICAL PERFORMANCES. PROGRAM HIGHLIGHTS INCLUDED THE TURIYA RISING CONCERT SERIES IN CONJUNCTION WITH "ALICE COLTRANE, MONUMENT ETERNAL; A POPULAR SERIES OF ART HISTORY LECTURES BY JOHN WALSH; AND POPULAR SERIES LIKE THE MOMA CONTENDERS FILM SERIES AND HAMMER SUMMER CONCERTS. HAMMER MUSEUMS PROGRAM DETAILS ARE AVAILABLE ON OUR WEBSITE, WWW.HAMMER.UCLA.EDU.

4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses28,017,859

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	3,419,221	590,728	600,914

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b	434,578
c	Fundraising events..		1c	2,543,060
d	Related organizations		1d	4,974,205
e	Government grants (contributions)		1e	157,834

f	All other contributions, gifts, grants, and similar amounts not included above		1f	12,373,402

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		20,483,079

		Business Code
2a	EXHIB. & PUBLIC. FEES	900099	548,172	548,172
b	CURATED TRAVEL PROGRAM	561520	94,000	94,000
c	ADMISSION	611710	43,060	43,060
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		685,232

3 Investment income (including dividends, interest, and othersimilar amounts) ......			2,740,139			2,740,139
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........			7,275			7,275
			(i) Real	(ii) Personal
6a	Gross rents	6a	766,700
b	Less: rental expenses	6b	0
c	Rental income or (loss)	6c	766,700
d	Net rental income or (loss).......			766,700			766,700
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	9,740,070
b	Less: cost or other basis and sales expenses	7b	3,234,446
c	Gain or (loss)	7c	6,505,624
d	Net gain or (loss).........			6,505,624			6,505,624
8a	Gross income from fundraising events (not including $ 2,543,060of contributions reported on line 1c). See Part IV, line 18 ....
			8a	153,960
b	Less: direct expenses ...		8b	1,127,304
c	Net income or (loss) from fundraising events..			-973,344			-973,344
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	3,547,112
b	Less: cost of goods sold ..		10b	1,051,731
c	Net income or (loss) from sales of inventory..			2,495,381		605,995	1,889,386

Business Code
11a	OTHER REVENUE		900099	135,457			135,457
b	RIGHTS/ REPRODUCTION		900099	620			620
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			136,077
12	Total revenue. See instructions.....			32,846,163	685,232	605,995	11,071,857

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	4,067,040	2,166,705	799,097	1,101,238
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	9,922,606	8,248,612	447,112	1,226,882
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	57,294	43,391	5,907	7,996
9	Other employee benefits .......	4,601,586	3,283,235	401,226	917,125
10	Payroll taxes ...........	43,433	26,060	6,515	10,858
11	Fees for services (non-employees):
a	Management ......	73,081	30,000	43,081
b	Legal .........	80,077		80,077
c	Accounting ...........	130,511		130,511
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	2,234,377		2,234,377
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	2,960,045	999,141	1,767,461	193,443
12	Advertising and promotion ....	300,915	241,976	14,735	44,204
13	Office expenses .......	722,490	511,911	53,989	156,590
14	Information technology ......	538,505	395,441	82,381	60,683
15	Royalties ..
16	Occupancy ...........	2,337,103	1,857,109	229,666	250,328
17	Travel ............	235,222	174,183	16,470	44,569
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	662,991	57,338	9,272	596,381
20	Interest ...........	647,956		647,956
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	4,201,662	3,430,183	387,958	383,521
23	Insurance ...	578,289	125,612	437,697	14,980
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	EXHIBITION RELATED EXP.	3,454,985	3,454,985
b	ART ACQUISITIONS	1,810,585	1,810,585
c	OTHER EXPENSES	1,161,769	991,238	34,470	136,061
d	EQUIPMENT RENTAL/MAINTE	274,757	170,154	4,527	100,076
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	41,097,279	28,017,859	7,834,485	5,244,935
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			4,542,440	1	4,008,356
2	Savings and temporary cash investments .........			8,280,410	2	7,054,385
3	Pledges and grants receivable, net ......			30,191,834	3	29,515,940
4	Accounts receivable, net .............			468,643	4	602,012
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............			302,425	8	322,961
9	Prepaid expenses and deferred charges ......			1,050,482	9	175,336
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	150,786,025
b	Less: accumulated depreciation	10b	40,460,815	114,362,900	10c	110,325,210
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....			139,935,249	12	145,423,388
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			198,724	15	778,828
16	Total assets. Add lines 1 through 15 (must equal line 33)...			299,333,107	16	298,206,416

17	Accounts payable and accrued expenses .....	3,161,298	17	3,121,315
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..	9,100,000	24	8,099,018
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	1,616,796	25	1,449,984
26	Total liabilities. Add lines 17 through 25..	13,878,094	26	12,670,317

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	193,103,393	27	191,283,841
28	Net assets with donor restrictions ...........	92,351,620	28	94,252,258
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	285,455,013	32	285,536,099
33	Total liabilities and net assets/fund balances ........	299,333,107	33	298,206,416