LAGUNA ART MUSEUM

EIN: 330717157 501(c)(3) Arts, Culture & Humanities

LAGUNA BEACH, CA

Total Revenue
$3,627,659
Total Expenses
$3,674,748
Total Assets
$7,649,131
Net Assets
$7,156,497
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
JULIE PERLIN LEE
Phone
9494948971
Tax Period
2024-07-01 to 2025-06-30

LAGUNA ART MUSEUM, founded in 1996, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

LAGUNA ART MUSEUM EXISTS TO ENLIGHTEN AND ENGAGE PEOPLE OF ALL AGES THROUGH ART THAT EMBODIES AND PRESERVES THE CALIFORNIA EXPERIENCE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,817,144
Program Service Revenue $632,929
Investment Income $125,540
Other Revenue $52,046
TOTAL REVENUE $3,627,659

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,386,994
Fundraising Expenses $165,520
Program Expenses $2,085,415
Other Expenses $2,287,754
TOTAL EXPENSES $3,674,748

Year-over-Year Comparison

2024 2023 Change
Revenue $3,627,659 $3,272,330 +0.1%
Expenses $3,674,748 $3,210,282 +0.1%
Net Income $-47,089 $62,048 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
21
Independent Members
20
Employees
37
Volunteers
800

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$212,337
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMIL MONDA BOARD MEMBER 1.00
Director
$0 $0 $0
LITA ALBUQUERQUE EX-OFFICIO 1.00
Director
$0 $0 $0
RICK BALZAR BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT CHAPMAN EX-OFFICIO 1.00
Director
$0 $0 $0
BETSY JENKINS BOARD MEMBER 1.00
Director
$0 $0 $0
GREG MACGILLIVRAY BOARD MEMBER 1.00
Director
$0 $0 $0
TIARE MEEGAN SECRETARY 1.00
Director
$0 $0 $0
ROBERT WHALEN EX-OFFICIO 1.00
Director
$0 $0 $0
MIKE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN PICKLE EX-OFFICIO 1.00
Director
$0 $0 $0
WENDY AIRD BOARD MEMBER 1.00
Director
$0 $0 $0
JOE HANAUER CHAIRMAN 1.00
Officer Director
$0 $0 $0
RICHARD MALCOLM BOARD MEMBER 1.00
Director
$0 $0 $0
TOM PAPA BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID BRAFF BOARD MEMBER 1.00
Director
$0 $0 $0
KATHRYN BURTON GRAY BOARD MEMBER 1.00
Director
$0 $0 $0
ROY BASS BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA DANZ BOARD MEMBER 1.00
Director
$0 $0 $0
KENNETH KAPLAN BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLE KIM BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE STRATHMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ELIE WEAVER BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN WHITIN BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE PERLIN LEE EXECUTIVE DIRECTOR 40.00
Officer
$210,000 $2,337 $212,337
VICTORIA ZARAGINO GERARD DEPUTY DIRECTOR 40.00
Highest
$100,267 $5,657 $105,924
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,627,659 $3,674,748 $7,649,131 $-47,089
2024 $3,272,330 $3,210,282 $7,247,754 $62,048
2023 $3,605,503 $2,787,716 $6,728,751 $817,787
2022 $2,876,596 $2,718,298 $5,795,493 $158,298
2021 $3,229,912 $2,285,666 $6,141,478 $944,246
2020 $2,605,346 $2,264,452 $5,017,934 $340,894
2019 $3,095,545 $2,236,357 $4,571,549 $859,188
2018 $2,539,594 $3,037,301 $4,094,300 $-497,707
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