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California · Nonprofit

LOS ANGELES CONTEMPORARY EXHIBITIONS INC

LOS ANGELES CONTEMPORARY EXHIBITIONS INC (California) receives grants from 19 organizations whose IRS filings report $2,387,462 to it, the largest being THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS INC ($700,000). 12 of them have funded it in more than one year.

Revenue FY2024
$729k
Funders on record
19
Grants received
$2.4M
Net assets
$1.6M
12/19 repeat funderspeak grant-dependency 60%
01What it does

What Los Angeles Contemporary Exhibitions Inc does

Mission

Lace both champions and challenges the art of our time by fostering artists who innovate, explore, and risk. We move within and beyond our four walls to provide opportunities for diverse publics to engage deeply with contemporary art. In doing so, we further dialog and participation between and among artists and those audiences.

As stated on its FY2024 Form 990.

Programs

  1. 1. Carlo maghirang: anitolace presented carlo maghirang's anito, a public art installation at la state historic park. With this sculpture, carlo maghirang conducted a ritual of ancestral veneration through queer self-portraiture. Each iteration in this sculptural landscape maped varying states of identity through the repetitive making of 'taotao' figurines, reimagined as a collection of modular forms that assemble into a lineage of past selves. Inspired by the same idol he encountered as a child during near-death experience with his grandfather, this collection of figures and the parts that comprise them told a playful narrative on identity-creation. Anito was a continuation of a series that remaps his connections to his country through the self, linking memories to spirituality and myth. The sculpture was activated with performances by choreographer and dancer jobel medina, and multidisciplinary artist anna luisa petrisko.total clients served - estimated 10,000 in person visitors and participants

    $544,620 spentof which $90,000 as grants$2,324 earned by the program
    86% of program spending
  2. 2. Internship/apprenticeship programlace hosted one curatorial and one communications intern funded through a grant from the getty foundation's marrow undergraduate internship program. Lace also developed a new ongoing relationship to host interns through la city college's art department, as well as a graduate student fellow from ucla's masters program in museum and library sciences to work specifically on lace's archives. Total clients served - 4 apprentices served in 2024-2025

    $56,000 spent
    9% of program spending
  3. 3. Enduranceendurance presented performance art and interdisciplinary work by elder artists. This series was a companion program to lace's 2024 performance series, abundance, both featuring often invisibilized bodies. Through their longstanding committed and engaged practices, artists in endurance transmitted wisdom and experience while embracing the challenges and opportunities that come with age and aging. Held over two nights at l.a. Dance project, endurance showcased re-stagings and new commissions by legacy performance, dance, and literary artists gloria enedina lvarez, kamau daood, anna homler, jeff schwartz, and david javelosa, ulysses jenkins and his band "who dat!," juanita and juan (alice bag + kid congo powers), sharon kagan, hirokazu kosaka, oguri, sheree rose, barbara t. Smith, the dark bob, and awilda sterling-duprey. The program also featured films by eiko otake and joan jonas on may 16, and marnie weber on may 17.total in person clients served - 350 in person attendants

    $33,500 spent
    5% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $634,120.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($341k) Expenses 100 ($534k) Net assets 100 ($43k)2018 Revenue 185 ($629k) Expenses 86 ($458k) Net assets 497 ($214k)2019 Revenue 90 ($306k) Expenses 74 ($395k) Net assets 292 ($126k)2020 Revenue 122 ($415k) Expenses 62 ($334k) Net assets 480 ($207k)2021 Revenue 211 ($718k) Expenses 115 ($612k) Net assets 726 ($313k)2022 Revenue 240 ($817k) Expenses 79 ($424k) Net assets 1667 ($718k)2023 Revenue 463 ($1.6M) Expenses 109 ($584k) Net assets 3975 ($1.7M)2024 Revenue 214 ($729k) Expenses 155 ($829k) Net assets 3730 ($1.6M)
'17'18'19'20'21'22'23'24
Revenue (214)Expenses (155)Net assets (3730)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $879k to $1.9M (+113%).

$71k
$254k
$145k
$445k
$474k
$879k
$1.9M
$1.8M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 6% · 2018 10% · 2019 7% · 2020 13% · 2021 24% · 2022 20% · 2023 31% · 2024 18%. Grants only. Government contracts and fees sit inside program revenue.

92% of LOS ANGELES CONTEMPORARY EXHIBITIONS INC’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$193k
’17
$171k
’18
−$88k
’19
$81k
’20
$106k
’21
$393k
’22
$995k
’23
−$99k
’24
19
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Sarah Russin

Executive director

Board chair

Grace Oh

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1113161615151412
Joined·+2+7+4+2+2+0+2
No longer listed·0443214
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 9 funders, grant income rose $67k → $645k.

6 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LOS ANGELES CONTEMPORARY EXHIBITIONS INC’s funders (the co-funder graph). Top 18 of 19 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LOS ANGELES CONTEMPORARY EXHIBITIONS INC leans on a few funders — its largest provides 29% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

29%
largest funder
72%
top three
~5
effective funders

Largest funder’s share by year: 2017 60% · 2018 34% · 2019 100% · 2020 44% · 2021 33% · 2022 31% · 2023 38% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

36% of LOS ANGELES CONTEMPORARY EXHIBITIONS INC's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

58% of LOS ANGELES CONTEMPORARY EXHIBITIONS INC's grant income comes from California funders.

NY
PA
CA
CO
LA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $432k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LOS ANGELES CONTEMPORARY EXHIBITIONS INC holds deeper cash reserves than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin−14% · bottom quartile
Months of reserve18.9mo · top quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Government funding LOS ANGELES CONTEMPORARY EXHIBITIONS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $100k on record.

Federal$100k
grants $100kcontracts $0
Top agencies
  • National Endowment for the Arts$100k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like LOS ANGELES CONTEMPORARY EXHIBITIONS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 8%Fundraising 5%

Governance

12
board members
92%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

65%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for LOS ANGELES CONTEMPORARY EXHIBITIONS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LOS ANGELES CONTEMPORARY EXHIBITIONS INC?
LOS ANGELES CONTEMPORARY EXHIBITIONS INC (California) receives grants from 19 organizations whose IRS filings report $2,387,462 to it, the largest being THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS INC ($700,000). 12 of them have funded it in more than one year.
How many funders does LOS ANGELES CONTEMPORARY EXHIBITIONS INC have?
IRS filings report 19 organizations giving $2,387,462 in grants to LOS ANGELES CONTEMPORARY EXHIBITIONS INC, 12 of which have funded it in more than one year.
Who is the largest funder of LOS ANGELES CONTEMPORARY EXHIBITIONS INC?
THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS INC is the largest funder on record, with $700,000 in grants. The full list of funders is on this page.
How can an organization like LOS ANGELES CONTEMPORARY EXHIBITIONS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Los Angeles Contemporary Exhibitions →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing