2024-04-03T17:51:45-05:00 2023-06-30 135565207 KPMG LLP 550 SOUTH HOPE STREET SUITE 1500 LOS ANGELES CA 90071 990 2022-07-01 954217197 ARMAND HAMMER MUSEUM OF ART AND CULTURAL CENTER INC ARMA 3104437058 10899 WILSHIRE BLVD LOS ANGELES CA 900244314 MICHAEL HARRISON DEPUTY DIR FIN 3104437058 2024-04-02 1 MICHAEL HARRISON XXX-XX-XXXX 0 DAVID M HIGHFILL P01517891 2139724000 2024-04-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL HARRISON 10899 WILSHIRE BLVD LOS ANGELES CA 900244314 35499446 0 X HTTP://WWW.HAMMER.UCLA.EDU X 1989 CA SEE SCHEDULE O. 22 19 512 31 19758 0 25310539 22686719 347748 685955 8478001 5119189 855975 238904 34992263 28730767 0 0 0 0 12936596 14815892 0 0 4952477 17762791 22175422 30699387 36991314 4292876 -8260547 300503253 299608131 12018871 14034479 288484382 285573652 X THE HAMMER MUSEUM AT UCLA BELIEVES IN THE PROMISE OF ART AND IDEAS TO ILLUMINATE OUR LIVES AND BUILD A MORE JUST WORLD. 0 0 22877523 654075 SEE SCHEDULE O. 4928172 31880 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 TWO SERIES ABOUT THE SUPREME COURT AND L.A.'S HOUSING CRISIS; THE "SUMMER NIGHT CINEMA" FILM SERIES CELEBRATING THE 50TH ANNIVERSARY OF HIP HOP; NUMEROUS PANELS AND PERFORMANCES IN CONJUNCTION WITH THE MADE IN LA BIENNIAL; AND POPULAR SERIES LIKE THE MOMA CONTENDERS FILM SERIES AND KCRW SUMMER CONCERTS. HAMMER MUSEUMS PROGRAM DETAILS ARE AVAILABLE ON OUR WEBSITE, WWW.HAMMER.UCLA.EDU. 27805695 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 206 0 1 512 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 22 19 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MICHAEL HARRISON 3104437058 10899 WILSHIRE BLVD LOS ANGELES CA 900244314 MICHAEL RUBEL PRESIDENT 2.00 0.00 X X 0 0 0 MARCY CARSEY CHAIRMAN 2.00 0.00 X X 0 0 0 STEVEN A OLSEN TREASURER 2.00 0.00 X X 0 0 0 GENE D BLOCK DIRECTOR 1.00 40.00 X 0 636651 0 JAY BROWN DIRECTOR 1.00 0.00 X 0 0 0 ERIC ESRAILIAN DIRECTOR 1.50 0.00 X 0 0 0 CHARLES GAINES DIRECTOR 1.50 0.00 X 0 0 0 NICK GROUF DIRECTOR 1.00 0.00 X 0 0 0 MANUELA HERZER DIRECTOR 1.00 0.00 X 0 0 0 LARRY JACKSON DIRECTOR 1.00 0.00 X 0 0 0 LINDA JANGER DIRECTOR 1.00 0.00 X 0 0 0 LARRY MARX DIRECTOR 1.50 0.00 X 0 0 0 CINDY MISCIKOWSKI DIRECTOR 1.50 0.00 X 0 0 0 MARY OSAKO DIRECTOR 1.00 0.00 X 0 283193 0 ANTHONY N PRITZKER DIRECTOR 1.00 0.00 X 0 0 0 KEVIN L RATNER DIRECTOR 1.00 0.00 X 0 0 0 CHIP ROSENBLOOM DIRECTOR 1.00 0.00 X 0 0 0 CHARA SCHREYER DIRECTOR 1.00 0.00 X 0 0 0 STEVEN P SONG DIRECTOR 1.00 0.00 X 0 0 0 ROBERT SOROS DIRECTOR 1.00 0.00 X 0 0 0 BRETT STEELE DIRECTOR 1.00 40.00 X 0 375270 0 JOHN WALSH DIRECTOR 1.50 0.00 X 0 0 0 ANN PHILBIN MUSEUM DIRECTOR/CEO 40.00 0.00 X 673441 0 65048 MICHAEL HARRISON DEPUTY DIR/ASST TREASURER 40.00 0.00 X 294281 0 35234 RESHMA BISHNOI SEC/DIR LEGAL AFFAIRS 40.00 0.00 X 149980 0 23211 CYNTHIA BURLINGHAM DEPUTY DIR/CURATORIAL AFFA 40.00 0.00 X 285928 0 66652 CORNELIA BUTLER CHIEF CURATOR 40.00 0.00 X 197162 0 62520 VERIDIANA PONTES CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 190034 0 41350 SCOTT TENNENT CHIEF COMMUNICATIONS OFFIC 40.00 0.00 X 168229 0 31912 ALFRED YERIES DEPUTY DIR/EXTERNAL AFFAIR 40.00 0.00 X 233144 0 25300 CLAUDIA BESTOR DIRECTOR PUBLIC PROGRAMS 40.00 0.00 X 128407 0 26688 HENRY CLANCY DIRECTOR OPERATIONS 40.00 0.00 X 140562 0 28211 PORTLAND MCCORMICK DIR REGISTRATION & COLLEC 40.00 0.00 X 134269 0 29305 WEIJIUN ROBERTSON DIRECTOR OF FINANCE 40.00 0.00 X 137783 0 13156 ARAM MOSHAYEDI CURATOR 40.00 0.00 X 114514 0 29553 2847734 1295114 478140 15 0 1 0 KAREN STONE TALWAR DBA ADVENTURES IN ART 354 CHILEAN AVENUE STE 5E PALM BEACH FL 33480 TRIP TO PORTUGAL 307947 1 461168 2322102 4778780 106310 15018359 10252 22686719 EXHIB. AND PUBLIC FEES 900099 529500 529500 CURATED TRAVEL PROGRAM 561520 124575 124575 ADMISSION 611710 31880 31880 685955 2117727 2117727 57412 57412 575783 0 575783 575783 575783 8184008 5182546 3001462 3001462 3001462 87598 2322102 983538 -895940 -895940 1025016 602595 422421 19758 402663 OTHER REVENUE 900099 77543 77543 RIGHTS/ REPRODUCTION 900099 1685 1685 79228 28730767 685955 19758 5338335 3027768 1492257 729511 806000 8329875 7181626 335063 813186 18518 13990 1564 2964 3424718 2419456 411879 593383 15013 9008 2252 3753 30000 30000 64749 64749 88000 88000 1889872 1889872 1825453 744443 53620 1027390 413883 332035 20462 61386 696973 546608 46926 103439 522280 411037 56783 54460 2340832 1842168 224765 273899 287782 255234 11467 21081 353936 52409 5017 296510 540754 540754 3512171 3389107 64371 58693 324447 147240 158802 18405 ART ACQUISITIONS 4419020 4419020 EXHIBITION RELATED EXP. 2971644 2971644 OTHER EXPENSES 1699614 1364401 64605 270608 EQUIP RENTAL/MAINTEN. 187920 177920 3434 6566 6092 6092 36991314 27805695 4233142 4952477 8883334 8063637 20662532 10644018 30553457 28708644 144343 102818 184815 199388 13867 12682 148003494 32115489 105393500 115888005 134461061 135387056 206344 601883 300503253 299608131 2127833 3556743 9000000 9100000 891038 1377736 12018871 14034479 X 183542617 190203406 104941765 95370246 288484382 285573652 300503253 299608131 -8260547 5349817 0 X 0 1 X 1 1 1 X X 1 THE REGENTS OF THE UNIVERSITY OF CA 956006143 6 1 0 0 1 0 0 31869257 26173654 16011562 25310539 22686719 122051731 122051731 9534677 112517054 5923866 1724404 2454155 2592887 2175139 14870451 270569 157366 1000 29903 79228 538066 137460248 2112731 0.81850 0.67270 X 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X SCHEDULE A, PART VI, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 270,569. 2019 AMOUNT: $ 157,366. 2020 AMOUNT: $ 1,000. 2021 AMOUNT: $ 29,903. 2022 AMOUNT: $ 79,228. 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 20% 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 134461060 1000000 8788419 8004156 858269 135387054 157940068 900000 -15626290 7757875 994843 134461060 124169118 500000 41666078 7515312 879816 157940068 126103167 4722214 503313 6342408 817168 124169118 124622286 6131643 4496103 8360603 786262 126103167 0.57390 0.03500 0.39110 0 1 1 90173120 25701322 64471798 4005374 2202551 1802823 53825000 4211616 49613384 115888005 INVESTMENT IN UCLA FDN 135387056 F 135387056 DUE TO RELATED PARTIES 1077642 UNEARNED INCOME 300094 1377736 X 32190711 5349817 5349817 26840894 1889873 1889873 28730767 35101441 0 35101441 1889873 1889873 36991314 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 1960, 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, 2023. 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 UNCERTAIN TAX POSITIONS 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 THE 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. 0 NORTH AMERICA PROGRAM SERVICE SEE PART V 113780 0 0 0 0 0 0 113780 0 113780 0 0 0 0 0 0 PART I, LINE 2: PLACES/COUNTRIES VISITED: MEXICO NUMBER OF EMPLOYEES THAT PARTICIPATED: 4 NUMBER OF GUESTS THAT PARTICIPATED: 14 BRIEF EXPLANATION OF ACTIVITIES: IN NOVEMBER OF 2022, THE HAMMER ORGANIZED A TRIP TO MEXICO CITY FOR A GROUP OF 14 HIGH-LEVEL PATRONS. THE TRIP WAS ORGANIZED AROUND THE OPENING OF THE HAMMER'S EXHIBITION LARI PITTMAN: DECLARATION OF INDEPENDENCE, AT THE JUMEX MUSEUM IN MEXICO CITY. THE GROUP SPENT 4 DAYS IN THE CITY AND AS PART OF THE TRIP ACTIVITIES THEY VISITED ARTIST LARI PITTMAN'S HOME AND COLLECTION IN MEXICO CITY AND ATTENDED THE PRIVATE EXHIBITION PREVIEW AND OPENING DINNER AS WELL AND THE PUBLIC OPENING CELEBRATION, ALL ORGANIZED BY THE JUMEX MUSEUM. OTHER ACTIVITIES IN THE CITY INCLUDED VISITS TO ART GALLERIES, PRIVATE COLLECTIONS, ARTISTS' STUDIOS, AND ARCHITECTURE TOURS WITH THE HAMMER CURATORS AND A SPECIALIZED GUIDE. PART III ACCOUNTING METHOD: X X X X CA GALA IN GARDEN 2165470 2111395 54075 128696 167542 20937 559445 K.A.M.P. 244230 210707 33523 17190 31226 1098 57404 2409700 2322102 87598 145886 198768 22035 616849 983538 -895940 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ANN PHILBIN MUSEUM DIRECTOR/CEO 673441 0 0 0 0 0 41712 0 23336 0 738489 0 0 0 GENE D BLOCK DIRECTOR 0 636651 0 0 0 0 0 50534 0 23336 0 710521 0 0 BRETT STEELE DIRECTOR 0 375270 0 0 0 0 0 25613 0 23197 0 424080 0 0 CYNTHIA BURLINGHAM DEPUTY DIR/CURATORIAL AFFA 285928 0 0 0 0 0 43316 0 23336 0 352580 0 0 0 MICHAEL HARRISON DEPUTY DIR/ASST TREASURER 293081 0 0 0 1200 0 23638 0 11596 0 329515 0 0 0 MARY OSAKO DIRECTOR 0 283193 0 0 0 0 0 15488 0 32391 0 331072 0 0 CORNELIA BUTLER CHIEF CURATOR 195962 0 0 0 1200 0 30129 0 32391 0 259682 0 0 0 ALFRED YERIES DEPUTY DIR/EXTERNAL AFFAIR 231944 0 0 0 1200 0 13704 0 11596 0 258444 0 0 0 VERIDIANA PONTES CHIEF DEVELOPMENT OFFICER 189194 0 0 0 840 0 28044 0 13306 0 231384 0 0 0 SCOTT TENNENT CHIEF COMMUNICATIONS OFFIC 167389 0 0 0 840 0 14181 0 17731 0 200141 0 0 0 RESHMA BISHNOI SEC/DIR LEGAL AFFAIRS 149140 0 0 0 840 0 10470 0 12741 0 173191 0 0 0 HENRY CLANCY DIRECTOR OPERATIONS 139722 0 0 0 840 0 20696 0 7515 0 168773 0 0 0 PORTLAND MCCORMICK DIR REGISTRATION & COLLEC 133429 0 0 0 840 0 20061 0 9244 0 163574 0 0 0 CLAUDIA BESTOR DIRECTOR PUBLIC PROGRAMS 127567 0 0 0 840 0 19173 0 7515 0 155095 0 0 0 WEIJIUN ROBERTSON DIRECTOR OF FINANCE 136943 0 0 0 840 0 11356 0 1800 0 150939 0 0 0 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL THE MUSEUM'S EXECUTIVE DIRECTOR, ANN PHILBIN WILL TYPICALLY FLY BUSINESS OR ECONOMY CLASS. IN ONE SITUATION THIS YEAR, SHE FLEW FIRST CLASS. THIS WAS NOT TREATED AS TAXABLE COMPENSATION. X EXHIBIT- GIK 1 6092 RETAIL VALUE X ART SUPPLIES 1 4150 RETAIL VALUE 19 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS THE NUMBER OF CONTRIBUTIONS WAS DETERMINED BASED ON THE NUMBER OF ITEMS RECEIVED. 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 PRESENTS 10-15 EXHIBITIONS AND PUBLISHES 2-6 BOOKS EACH YEAR. IN 2022 THE MUSEUM PRESENTED 7 MAJOR EXHIBITIONS, INCLUDING RETROSPECTIVES OF ARTISTS ULYSSES JENKINS, ANDREA BOWERS, AND BOB THOMPSON. THE MUSEUM ALSO SHOWCASED 7 ARTISTS IN THE LONG-RUNNING HAMMER PROJECTS EXHIBITION SERIES. THE HAMMER PUBLISHED 4 EXHIBITION CATALOGUES THIS YEAR, FOR ARTISTS ANDREA BOWERS AND ULYSSES JENKINS,THE GROUP EXHIBTION "LIFES AND AN EXHIBITION OF PICASSO'S CUT PAPERS. 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-TWO 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 CO.NTINUED 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 19, 2022 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 23, 2022 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. THE REGENTS OF THE UNIVERSITY OF CALIFORNIA 405 HILGARD AVE LOS ANGELES CA 90095 956006143 EDUCATION CA N/A 0 0 0 1 0 0 0 0 0 0 1 1 0 1 0 0 1 1 0 0