Los Angeles Contemporary Exhibitions Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $858,218
- Spending
- $780,290
- Spent on programs
- 81%
- Reserves
- 25.5 months of spending
- Largest source of income
- donations and private grants, 94%
- Employees
- 5
- Volunteers
- 10
- Highest pay
- $115,008, executive director
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 88% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 25.5 months of spending.
Debt
20 of 20It owes 7% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
15 of 15Income rose 18% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 79% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 2510 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $544,620 spent. 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
- $56,000 spent. 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
- $33,500 spent. 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
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1979.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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