Civic Intelligence

The Art Exchange Visual Art Center Inc

EIN 36-4587426 • 501(c)3 • Long Beach, CA

Revoked990-N Coverage

Profile

The mission of the art exchange is to create a best-in-class art facility that will be a vibrant hub for professional artist, support k-12 arts education, and implement cutting edge community arts programs. The art exchange supports working artists and arts education through the development of a world-class visual arts center reflecting the rich cultural heritage of our community. Through these efforts we will be inspiring a future generation of creative, driven, and successful artists while also filling a niche in community and industrial arts programs for long beach.

Revocation date: Feb 15, 2011

2300 East Ocean BlvdLong Beach, CA 90803

www.artexchangelongbeach.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

31st percentile

-4.4%

Higher net margin than 31% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

789%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $40,193 (-100%) from 2017

Liabilities

Down

$0

Down $3,646 (-100%) from 2017

Net Assets

Down

$0

Down $36,547 (-100%) from 2017

Operations
Liabilities / Revenue34th percentileNet Margin31st percentile

Revenue

Up

$834,943

Up $741,051 (+789%) from 2017

Expenses

Up

$871,490

Up $782,145 (+875%) from 2017

Net Income

Down

-$36,547

Down $41,094 (-904%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2016: $35,525Liabilities 2016: $3,525Net Assets 2016: $32,0002016Assets 2017: $40,193Liabilities 2017: $3,646Net Assets 2017: $36,5472017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2016: $87,606Expenses 2016: $65,050Net Income 2016: $22,5562016Revenue 2017: $93,892Expenses 2017: $89,345Net Income 2017: $4,5472017Revenue 2018: $834,943Expenses 2018: $871,490Net Income 2018: -$36,5472018

Highlighted filing

2018

Revenue$834,943
Expenses$871,490
Net Income-$36,547
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$834,943
Expenses
$871,490
Net income
-$36,547
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$8.35$8.71$0.37
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.04$0.37$0.94$0.89$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.32$0.88$0.65$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Jun 4, 2018
Signed
Mar 6, 2019
Return Version
2017v2.3
Gross Receipts
$838,814
Mission and Program Overview

Mission

The mission of the art exchange is to create a best-in-class art facility that will be a vibrant hub for professional artist, support k-12 arts education, and implement cutting edge community arts programs. The art exchange supports working artists and arts education through the development of a world-class visual arts center reflecting the rich cultural heritage of our community. Through these efforts we will be inspiring a future generation of creative, driven, and successful artists while also filling a niche in community and industrial arts programs for long beach.

Supporting working artists and k-12 arts education through the development a world-class visual arts center reflecting the rich cultural heritage of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$31,593$0▼ $31,593
Cash and Non-Interest-Bearing Accounts$8,597$0▼ $8,597
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$40,193$0▼ $40,193
Other Assets Total$3$0▼ $3
Liabilities
Other Liabilities$3,646$0▼ $3,646
Total Liabilities$3,646$0▼ $3,646
Net Assets / Fund Balance
Unrestricted Net Assets$36,547$0▼ $36,547
Total Net Assets Fund Balance$36,547$0▼ $36,547
Total Liabilities and Net Assets / Fund Balance$40,193$0▼ $40,193
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Ron NelsonBoard Chair
Steve PakizBoard Chair
Matthew RabinBoard Counsel
Carin JacobsBoard Member
Dawn RadueBoard Member
Laurie GaleBoard Member
Lia BrownellBoard Member
Tom CorcoranBoard Treasurer
Jay HongExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$831,168
Program Service Revenue
$2,499
Investment Income
$4
Other Revenue
$1,272
All Other Contributions
$783,665
Change in Net Assets
$-36,547

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$675,000Existing Appraisal
Total Noncash Contributions1$675,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$823,951
Other Expenses$47,539
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$823,951--$823,951
Fees for Services Management$12,310--$12,310
Occupancy$8,162--$8,162
Fees for Services Other$7,978--$7,978
Fees for Services Accounting-$7,500-$7,500
Insurance$1,014$5,460-$6,474
Depreciation Depletion$2,241--$2,241
All Other Expenses$24$183-$207
Other Expenses$211$194-$194
Information Technology$100--$100
Total Functional Expenses$858,133$13,357$0$871,490
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Long Beach Museum of Art FoundationLong Beach, CA501c3Transfer Due to Merger$124,477
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Jay hong, executive director and steve pakiz, board chair will review this 990 before submission.”

Form 990, Part VI, Section B, Line 12C

“The board monitors compliance with the organization's conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Art Exchange Visual Art Center Inc
EIN
36-4587426
Phone
5624392119
Address
2300 EAST OCEAN BLVD, LONG BEACH, CA 90803

Signing Officer

Name
Jay Hong
Title
Exectuive Director
Phone
7143766366
Signed
2019-03-06

Organization Details

Principal Officer
Jay Hong
Formed
2011
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Hbla Certified Public Accountants Inc
Address
19600 FAIRCHILD 320, IRVINE, CA 92612
Preparer
Edward E Benoe CPA
Phone
9498332815
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“Long beach museum of art foundation, a california nonprofit public benefit corporation, ("the surviving corporation") and the art exchange visual art center inc., the filing organanization, (the "merging corporation") entered into a merger agreement. The art exchange visual art center inc. (aevac) transferred its assets and liabilities to long beach museum of art foundation (lbma) on june 4, 2018.”

Raw XML AppendixShowing 400 of 492 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE MISSION OF THE ART EXCHANGE IS TO CREATE A BEST-IN-CLASS ART FACILITY THAT WILL BE A VIBRANT HUB FOR PROFESSIONAL ARTIST, SUPPORT K-12 ARTS EDUCATION, AND IMPLEMENT CUTTING EDGE COMMUNITY ARTS PROGRAMS. THE ART EXCHANGE SUPPORTS WORKING ARTISTS AND ARTS EDUCATION THROUGH THE DEVELOPMENT OF A WORLD-CLASS VISUAL ARTS CENTER REFLECTING THE RICH CULTURAL HERITAGE OF OUR COMMUNITY. THROUGH THESE EFFORTS WE WILL BE INSPIRING A FUTURE GENERATION OF CREATIVE, DRIVEN, AND SUCCESSFUL ARTISTS WHILE ALSO FILLING A NICHE IN COMMUNITY AND INDUSTRIAL ARTS PROGRAMS FOR LONG BEACH.
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IRS990/RevenueAmt03771
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0831168
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt095504
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt040901
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt028939
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt037072
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01033584
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06462
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04326
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013823
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07642
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07493
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt037155
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt014597
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt08050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt074937
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06462
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04326
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013823
IRS990ScheduleA/InvestmentIncomeCYPct00.01230
IRS990ScheduleA/InvestmentIncomePYPct00.06060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98770
IRS990ScheduleA/PublicSupportPY509Pct00.93940
IRS990ScheduleA/PublicSupportTotal509Amt01108521
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0838810
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0102997
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt078056
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt043536
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt045122
IRS990ScheduleA/Total509Grp/TotalAmt01108521
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0838814
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0105028
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt079056
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt049998
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt049448
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01122344
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0124477
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0699474
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0CASH $124,477, FIXED ASSETS $29351, REAL ESTATE $675,000, LIABILITIES $4,879
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TRANSFER DUE TO MERGER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LONG BEACH MUSEUM OF ART FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0952567271
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02300 E OCEAN BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LONG BEACH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090803
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0APPPRAISAL AND FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0LONG BEACH MUSEUM OF ART FOUNDATION, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, ("THE SURVIVING CORPORATION") AND THE ART EXCHANGE VISUAL ART CENTER INC., THE FILING ORGANANIZATION, (THE "MERGING CORPORATION") ENTERED INTO A MERGER AGREEMENT. THE ART EXCHANGE VISUAL ART CENTER INC. (AEVAC) TRANSFERRED ITS ASSETS AND LIABILITIES TO LONG BEACH MUSEUM OF ART FOUNDATION (LBMA) ON JUNE 4, 2018.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/MethodOfDeterminingRevenuesTxt0EXISTING APPRAISAL
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt0675000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd01
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1340, 342, 344, 346, 350, 356 E. 3RD ST, LONG BEACH CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2FIXED ASSETS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3PAYROLL LIABILITIES, SALES TAX LIABILITIES, SECURITY DEPOSIT LIABILITIES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0LONG BEACH MUSEUM OF ART FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1LONG BEACH MUSEUM OF ART FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2LONG BEACH MUSEUM OF ART FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt3LONG BEACH MUSEUM OF ART FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02018-06-04
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12018-06-04
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22018-06-04
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32018-06-04
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0952567271
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1952567271
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2952567271
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN3952567271
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0124479
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1675000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt229351
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt3-4879
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt3501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH BALANCE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1APPRAISAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2NET BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3VALUE OF LIABILITY DUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt02300 E OCEAN BLVD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt12300 E OCEAN BLVD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt22300 E OCEAN BLVD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt32300 E OCEAN BLVD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0LONG BEACH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1LONG BEACH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2LONG BEACH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3LONG BEACH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd090803
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd190803
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd290803
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd390803
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: RON NELSON, MATTHEW RABIN, STEVE PAKIZ, JAY HONG AND DAWN RADUE
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: RON NELSON AND MATTHEW RABIN WERE BOARD MEMBERS OF BOTH ORGANIZATIONS AT THE TIME OF TERMINATION. STEVE PAKIZ, JAY HONG AND DAWN RADUE BECAME LBMA BOARD MEMBERS
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt2LONG BEACH MUSEUM OF ART FOUNDATION, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, ("THE SURVIVING CORPORATION") AND THE ART EXCHANGE VISUAL ART CENTER INC., THE FILING ORGANANIZATION, (THE "MERGING CORPORATION") ENTERED INTO A MERGER AGREEMENT. THE ART EXCHANGE VISUAL ART CENTER INC. (AEVAC) TRANSFERRED ITS ASSETS AND LIABILITIES TO LONG BEACH MUSEUM OF ART FOUNDATION (LBMA) ON JUNE 4, 2018.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE N, PART I, LINE 1
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LONG BEACH MUSEUM OF ART FOUNDATION, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, ("THE SURVIVING CORPORATION") AND THE ART EXCHANGE VISUAL ART CENTER INC., THE FILING ORGANANIZATION, (THE "MERGING CORPORATION") ENTERED INTO A MERGER AGREEMENT. THE ART EXCHANGE VISUAL ART CENTER INC. (AEVAC) TRANSFERRED ITS ASSETS AND LIABILITIES TO LONG BEACH MUSEUM OF ART FOUNDATION (LBMA) ON JUNE 4, 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JAY HONG, EXECUTIVE DIRECTOR AND STEVE PAKIZ, BOARD CHAIR WILL REVIEW THIS 990 BEFORE SUBMISSION.

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