sr-032310-8a_ ~~~
~;,Yp, City Council Report
Santa Dionica
City Council Meeting: March 23, 2010
Agenda Item: ~Y
To: Mayor and City Council
From: Rod Gould, City Manager
Subject: The Broad Foundations' Proposed Museum in Civic Center
Recommended Action
Staff recommends that Council approve agreements-in-principle regarding the lease of
Civic Center property for The Broad Foundations' proposed art museum project and
authorize the City Manager to negotiate and execute an agreement providing for the
Foundations to reimburse any City expenditures in the event the Foundations choose to
locate the museum outside Santa Monica.
Executive Summary
Pursuant to Council direction, staff has undertaken negotiations with The Broad
Foundations regarding creation of an art museum, open to the public, in the Civic
Center. The negotiations have resulted in proposed agreements-in-principle for
consideration by the City Council. The agreements-in-principle set forth conceptual
commitments of the City and the Foundations. Once approved, they would constitute
part of the project description subject to CEQA review. The City's proposed
commitments include making 2.5 acres available in the Civic Center for the museum;
providing museum parking; expediting all permits and approvals; contributing $1 million
toward the museum design; and absorbing most fees and paying for any off-site
environmental mitigation. The- Foundations' commitments would include building a
world-class public museum as the home of the Broad Collections and the international
headquarters of The Broad Art Foundation's worldwide lending program; endowing the
museum sufficiently to ensure its long-term viability; collaborating with local schools and
paying certain fees. The proposed agreements-in-principle would provide the
framework for eventual agreements between the City and the Foundations. Council is
also being asked to authorize an agreement which provides for the Foundations to
reimburse any City expenditures in the event the Foundations choose to locate the
museum outside Santa Monica.
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Background
At its November 17, 2009 meeting, .the City Council directed staff to undertake
negotiations with The Broad Foundations (The Broad Art Foundation and The Eli and
Edythe Broad Foundation) regarding the creation of a public museum of contemporary
art in the Civic Center. Establishment of a major cultural facility at this .location is a
community priority that along with a revitalized Civic Auditorium will meet the goals
articulated in the Civic Center Specific Plan (CCSP) and the City's long-range plan for
cultural development, Creative Capital.
Need and Location:
The Civic Center Specific Plan (CCSP) was adopted in 1993 and amended in 2005. In
addition to the existing uses, the CCSP calls for park space, an early childhood
development center and an expansion of the Civic Auditorium's East Wing for cultural,
educational and community-oriented activities in the Civic Auditorium District.
Creative Capital, adopted in 2007, also speaks to the Civic Auditorium District as the
cultural focal point of the community, and identifies the need for additional cultural
facilities beyond what was envisioned in the CCSP, highlighting the. need for a major
catalyst that reinforces this area as the City's cultutal hub and represents the
community's commitment to the arts. The survey undertaken as of part of Creative
Capital found that 73 percent of residents consider the creation of a major art museum
in Santa Monica to be appealing or very appealing.
The Land Use and Circulation Element (LUCE) planning process also confirmed that
Santa Monica has a particularly active and engaged cultural community, one that has
expressed a desire for increased cultural opportunities in Santa Monica. And a recent
study of audiences at a broad cross section of cultural institutions in the Los Angeles
region discovered that Santa Monica residents are avid cultural consumers, with 50% to
80% of households (by zip code) attending events at these regional cultural institutions.
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The geographic location of a destination museum of the caliber proposed by The Broad
Foundations offers tremendous potential for synergy with so many of Santa Monica's
existing facilities and attractions. The proposed location is two blocks from the ocean
and an array of world class hotels, across the street from the Rand Corporation and the
new Village housing project, as well as two blocks from the new light rail terminus, the
newly refurbished Santa Monica Place and the Santa Monica Pier. In the next several
years, aworld-class park will be constructed in the Civic Center linking cultural facilities,
open spaces and civic buildings by pedestrian- and bicycle-friendly pathways. Adjacent
educational facilities, including Santa Monica High School and Santa Monica College's
new demonstration early childhood development center, expand the potential for
collaborations that would daily provide opportunities to expose active young minds and
their parents to the arts.
The Collection:
The Eli and Edythe L. Broad Collection and The Broad Art Foundation collection (the
Broad Collections) are considered to be among the world's finest collections of
contemporary art. The Broad Collections include approximately 2,000 artworks by more
than 200 artists, ranging from the vanguard innovators of the 1960s and 70s to artists
achieving similar distinction today. Significant contemporary masterworks are regularly
added to the Broad Collections through an active acquisition program. Eli and Edythe
Broad have a demonstrated commitment to sharing their collections. Over the past 25
years, the Foundation made over 7100 loans to 475 museums and galleries around the
world with more than 100 million annual visitors combined. Certain works from the
Broad Collections are also exhibited on a rotating basis at the Broad Contemporary Art
Museum at LACMA. Most of this remarkable collection is currently inaccessible to the
public however, because it is exhibited at the Broad residences and at The Broad Art
Foundation facility (located at 3355 Barnard Way in Santa Monica), which are not open
to the public.
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A World-Class Destination:
Public interest in this incomparable collection has grown over the years, with many
cities and institutions exhibiting intense interest in the unique potential that the Broad
Collections represent. At the same time, the Foundations have been exploring how
best to house the Collections and make them more accessible for the benefit of the
public. Accordingly, they have developed a conceptual approach of building a public
museum and archive in a prime location in Los Angeles County.
The museum would be designed by a world-class architect and would constitute a
destination in and of itself, as has proven to be the case with similar visionary works of
architecture all over the world for the last two decades, from Paris (the Centre
Pompidou by Richard Rogers and Renzo Piano) to Houston (the Menil Collection by
Renzo Piano), Bilbao (the Guggenheim by Frank Gehry) to San Francisco (the new de
Young by Herzog & de Meuron), Milwaukee (the Milwaukee Art Museum by Santiago
Calatrava) to Fort Worth (the Modern Art Museum by Tadao Ando). These museums
attract visitors interested in the world-class design of their facilities as well as those
drawn to their exhibitions and collections. A major institution like the de Young Museum
for example saw its membership base increase by 80,000 households after the opening
of its new building.
Although the Foundations' approach to the museum is still conceptual, they envision a
public facility that would draw a broad array of visitors, from local residents to national
and international cultural tourists (see Attachment 1 for annual attendance figures at
regional museums). In the same manner as other museums based on a single major
collection, such as the Menil Collection in Houston, the Phillips Collection in
Washington, D.C., or the Norton Simon Museum in Pasadena, the Broad museum will
present engaging exhibitions that draw on the holdings of its renowned Collections
without the costs associated with travelling exhibitions. Currently the Broad
Foundations anticipate changing the exhibition approximately three times per year. The
Foundations would also work collaboratively with Santa Monica schools, Santa Monica
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College, and local arts and community organizations to provide access to the galleries
for educational purposes.
In addition to establishing a public art museum, the Foundations envision creating a
study center dedicated to the research and conservation of the Collections, and to
provide space to house the administrative headquarters of both The Broad Art
Foundation's worldwide lending program and The Eli and Edythe Broad Foundation's
other philanthropic programs. The study center would provide scholars access to the
extensive portions of the Collections ,not on public display at any given time. Such
accessible archives of contemporary art are quite rare and given the significant holdings
of the Collections, would draw important researchers and scholars from all over the
world to Santa Monica. The presence of such international scholars would further
enrich our cultural and educational community, offering remarkable opportunities for
information exchange, including lectures and master classes. Nationally, the cultural
community has come to recognize the importance of such archives and is striving to
develop new ones; while locally the Getty is working to make more of its vast holdings
accessible to scholars both on site and on-line.
The Broad Art Foundation, of which Eli Broad is the trustee, is advised by an eminent
Board of Governors that will ultimately transition into a fiduciary board. In addition to
planning for long-term governance, the Foundations are currently in the process of
developing a long-range operations plan that will further detail the concept and
approach for the museum facility. The Foundations have agreed to submit the plan for
the City's review as a term of any lease.
Community Benefits:
The establishment of the Broad museum would strengthen Santa Monica's reputation
as a major arts center, providing new opportunities for young and old to experience
world class art. It would enable the City to leverage a relatively small amount of
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Redevelopment Agency funds already earmarked for this purpose to realize the vision
articulated by the community in Creative Capital.
Santa Monica has long been a destination for those interested in the arts and culture.
Visitors from across the region as well as throughout the world come to our beautiful
beach-front city to experience cutting edge culture, from pioneering visual artists from
the region's postwar period -such as the world-renowned artists of the Light and Space
movement - to the galleries exhibiting the freshest art of our day at Bergamot Station.
Across the United States, cities have long recognized the important tangible and
intangible benefits that accrue when the city is home to a prominent cultural institution.
Numerous recent studies, completed by such wide ranging institutions as RAND, the
National Governors Association, and the Los Angeles Economic Development
Corporation, have articulated these benefits in different ways; however they all agree
that the arts build better communities, are a key industry in Southern California, and that
investing in a healthy arts ecosystem makes good business sense.
In terms of the future Broad museum, both the City of Los Angeles and the City of
Beverly Hills have made comparable land offers. Further, while the specifics differ in
each case, major cities throughout the country have chosen to support the
establishment and/or the ongoing operations of major cultural institutions, in recognition
of the associated social and economic benefits. A few examples are included below.
Additional information on a selection of museums is provided in Attachment 2.
o The City of Los Angeles granted the Museum of Contemporary Art (MOCA) an
easement to use their Grand Avenue site free of charge and helped to finance
the construction of the building through the City's percent for art fees paid by
developers. The City also leases the Geffen Contemporary facility to MOCA for
$1 per year.
o Pasadena's Norton Simon Museum is situated on City land that the City leases to
the Norton Simon Foundation for $1 per year, pursuant to a 99-year lease.
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o The County of Los Angeles provides the Los Angeles County Museum of Art with
more than $23 million/year.
o .The City of New York owns, constructs and/or maintains the facilities that house
its major museums, including the Metropolitan Museum of Art, the Brooklyn
Museum and the new building for the Queens Museum, among others. In
addition, the City provides more than $121 million in direct subsidies to 33 City-
owned cultural institutions (i.e. institutions in City buildings or on City land; these
include the Metropolitan Museum of Art, to which the City provided $25 million in
2009).
o The City of Scottsdale, Arizona is supporting the establishment of the new
Scottsdale Museum of the West with the provision of the land and $7 million in
construction funds.
o The City of Houston provides the Museum of Fine Arts the land for its extensive
sculpture garden for $1/year.
o The City of San Francisco issued a bond and renovated an historic city-owned
building to house the Asian Art Museum.
o According to a recent study by the American Association of Museums, nearly
40% of museums in the United States are located in facilities that are totally or in
part maintained by other entities.
Discussion
Pursuant to Council direction, City staff and The Broad Foundations' representatives
have negotiated proposed agreements-in-principle for the lease of City-owned land for
the planned public museum. Staff seeks Council approval of the proposed principles to
provide a structure for the Foundations to seek entitlements and to create the outlines of
an eventual agreement between the City/Redevelopment Agency and the Foundations.
Requirements of City and Redevelopment Agency
Under the proposed agreements-in-principle, the City or Redevelopment Agency would
do the following, at City/Agency expense:
1. Ground-lease the 2.5-acre site to the Foundations for 99 years at $1 per year. On
the site, allow the Foundations to construct a museum that must include art
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exhibition space and art archives and, at the Foundations' option, may also include
museum and Foundation support space, a museum shop, and a museum cafe.
Pursuant to the Civic Center Specific Plan and Creative Capital, open
space and cultural facilities would be built in this location, likely at the
City's expense to construct and operate should adequate City funds be
available in the future. Under the proposed principle, the City would make
the space available for the Foundations' use for the proposed museum,
which the Foundations would construct and operate at their own expense.
The identified uses would be allowed on the site, with the exhibition space
and art archives required to be built. The Foundations' headquarters
would also be located in the museum. In addition to art, the Foundations'
mission includes advancing entrepreneurship for the public good in
education and science. A total of approximately 110,000 square feet is
envisioned, with a third of the space allocated to each of the three primary
uses, exhibition, archive and headquarters.
If the subject property were commercially zoned and valued at $400 per
square foot, the worth of the City's land contribution would be estimated at
over $43 million. Under similar assumptions, commercially zoned land
would command an estimated annual rent of $3 million per year.
However, because the General Plan, Civic Center Specific Plan, and
Zoning Ordinance allow only open space and cultural uses on the site, its
value ih the open market is negligible. In fact, by paying to build and
operate a museum on the site, it is arguable that the Foundations are
effectively reducing the City's future capital and operating costs for the
site. In addition, because the land will not be used for aprofit-making
enterprise, the City's lease of the property for $1 per year is similar to
other leases of City property for non-profit uses including two museums,
two early childhood development centers, a senior center, and a homeless
service center.
2. Clear and ready the site for construction, including, without limitation, removing
existing asphalt and other improvements, complete necessary grading and running
utilities to the site.
Prior to the commencement of construction by the Foundations, the City
would prepare the site for construction. The Public Works Department
estimates a City expenditure of approximately $750,000. It is anticipated
that the City would otherwise make the investment for the development of
parks and cultural facilities on the site.
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3. Provide parking as follows:
A. Make the Civic Center Parking Structure, or any new parking resources
developed within the Civic Auditorium District of the Civic Center Specific
Plan, available for public patron parking at the same rates that are charged to
other members of the public.
Public parking for the museum would be provided in the
Civic Center Parking Structure. If the City develops
underground parking as envisioned in the Civic Center
Specific Plan, such parking would also serve public visitors
to the museum. It is anticipated that public parking would
otherwise be required to serve the park and cultural uses on
the site.
8. Provide the Foundations with up to 1,000 free parking validations annually, to
be used at the Foundations' discretion for events that support the museum's
mission to make its art available for the benefit of the public. Validations may
not be used for private events unrelated to the museum's mission.
A limited supply of parking validations would be offered to
support special events that expand the museum's reach
within the community. At the current parking rate of $8 per
entry, the annual value of the validations is $8,000.
C. Make the Civic Center Parking Structure available for Foundations employee
parking, at the same monthly rates that are charged to other employers and
employees. Designate 25 spaces for weekday, daytime use by the
Foundation.
The Foundation would be able to purchase monthly parking
passes in the Civic Center Parking Structure, with a limited
number of designated, daytime spaces. The arrangement is
similar to the City's agreements with the Santa Monica
Courthouse.
4. Provide the Foundations with expedited and priority processing for all entitlements,
permits, and approvals to implement the museum.
One of the Foundations' top priorities is to complete the museum on an
expedited timeframe. Under the proposed principle, the processing of
permits and entitlements would be expedited in a manner similar to the
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City's success with expediting permits and entitlements for the
development of the Annenberg Community Beach House.
A. Designate staff to process entitlements, plan check, permitting, and
inspection to expedite the permitting of the museum.
As has been done for the RDA-funded priority projects, designated
staff would take responsibility for expediting project development.
B. Expedite the CEQA review process including utilization of a contract EIR firm
to prepare the EIR.
The City would rely on a firm that is familiar with the City and CEQA
to expedite the environmental review.
C. Make every effort to expedite the entitlement and permit process.
Through the use of designated and experienced staff and
consultants, staff will expedite the entitlement and permit process.
D. Implement any required off-site environmental mitigations, as part of the
City's broader responsibility for implementation of the Civic Center Specific
Plan (CCSP) and any off-site mitigation measures required by the CEQA
review of the museum or any entitlement approvals for the museum.
Under the proposed principle, the City would take responsibility for
any off-site environmental mitigation. It is likely that the City would
otherwise take such- responsibility as part of the CCSP
implementation. The Civic Center Specific Plan, which was
certified in June 2005, identifies one off-site mitigation measure
specifically tied to the development of the Civic Auditorium Special
District. The measure, which involves the implementation of an
additional left-turn phase at the Ocean Avenue/Pico Boulevard
intersection, is estimated to cost no more than $50,000. Additional
mitigations may be required once the CCSP is modified to include
the museum.
E. Facilitate early design review by the Architecture Review Board and Planning
Commission so that the Development Agreement provides final approval of
key building elements (for example, building massing, elevations, colors and
materials.) Subsequent design review would be limited to those design items
not approved as part of the Development Agreement (for example, open
space design and landscaping.)
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As was done with the RAND Development Agreement, the
proposed principle would provide the Fbundations with a high level
of design certainty once the Development Agreement is approved.
To ensure that the Planning Commission's and Architectural
Review Board's expertise is reflected in the Council's approval of
the museum design, the Planning Commission and Architectural
Review Board would be engaged in reviewing the project early in
the design process.
5. Make cone-time contribution of $7 million toward the design of the museum.
The Foundations requested an annual contribution of one-third of the
expected $12 million operating budget (approximately $4 million) to
support the operations of the museum in Santa Monica. The Foundations
initially requested such assistance by demonstrating that it is in keeping
with the financial support that many cities and counties across the country,
including the City and County of Los Angeles, provide to their cultural
institutions. However, staff has recommended, and the Foundations have
agreed to accept, aone-time, $1 million contribution toward the museum's
design.
6. Make good faith efforts to pursue federal and state stimulus funds to assist with
museum construction costs.
The City will continue such efforts.
7. Maintain adjacent landscaped and plaza areas outside the perimeter of the museum
building consistent with the highest standards applied to other public open spaces in
Santa Monica.
It is expected that the City would maintain these areas as part of any
development of the Civic Center area.
8. Provide security for the exterior of the museum building and the park consistent with
the highest standards applied to other public open spaces in Santa Monica.
It is expected that the City would continue to monitor these areas
according to the highest service levels and standards for other City parks.
Interior museum security will be the responsibility of the Foundations.
9. Pursue construction of the Civic Auditorium Park. and the plaza area between the
museum .building and the Civic Auditorium; collaborate in good faith with the
Foundations on the designs for the park and plaza. The City will retain discretion
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regarding the final design of the park and the timing of construction; provided,
however, that the City will in good faith take into consideration the reasonable
concerns of the Foundations.
The proposed "good neighbor" principle is intended to ensure that the park
and museum design are coherent and complementary.
10. Ensure that the Foundations will not be charged, or will be reimbursed by the City,
for all City processing and permitting fees (such as plan check, inspection and other
similar fees) and City development impact fees (including sewer, parks and
recreation, and other similar development fees and charges); provided, however, the
Foundations will pay the School District Developer Fee and Child Care Linkage Fee.
Furthermore, the City will not be obligated to pay on-going taxes, if any, that the
Foundations maybe required to pay in connection with operation of the museum.
The direct and indirect cost to the City to absorb all permit and
development fees is estimated at approximately $900,000.
11. Facilitate the museum's daily operations (e.g. with respect to such operational needs
as pick-up and delivery of large-scale artwork by trucking companies.)
Any operational requirements in the Development Agreement will need to
reflect the unique nature of the museum's operations.
Requirements of the Broad Foundations:
Under the proposed principles-of-agreement, the Broad Foundations would do the
following, at the Foundations' expense:
1. Construct a museum on the site to serve as the home and showcase of The Broad
Collections and the headquarters of The Broad Art Foundation's worldwide lending
program.
Foundation representatives estimate an expenditure of between $50
million and $70 million for design and construction of the museum.
2. Engage aworld-class architect to design the museum.
As it is important that the museum becomes a signature building within
Santa Monica and the Civic Center, the Foundation will engage an
architect of major international stature to design the museum.
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3. Establish ah independent endowment of $200 million to fund the museum's
operations, maintenance and art acquisitions. The final agreements will contain
provisions to ensure that the endowment is in place and dedicated exclusively to the
museum's operations, maintenance and acquisitions so as to ensure that aworld-
class art collection will remain on display and accessible to the public for the life of
the museum.
A fundamental consideration is that the museum endowment is of
sufficient size to ensure its continued operation in a first-class manner.
The Foundations have committed to an endowment of $200 million based
on review of similar museums around the country. Less than 10% of the
museums in the country have endowments over $80 million. For
reference, staff researched comparable museum endowments, operating
revenues, and costs and the resulting information is incorporated in
Attachment 2. The Broad museum is expected to operate with an annual
budget of $12 million, which represents 6% of the envisioned endowment.
Historically, the Broad Foundations' assets have had higher annual
returns. Returns on the endowment would be supplemented by income
from paid admissions and memberships. The Foundations' staff and
Board of Governors are currently preparing a detailed plan for the
operations and maintenance of the museum to ensure its long-term
viability. The Foundations will share relevant portions of their completed
analysis with the City before final agreements are approved.
4. Construct no less than 30,000 square feet of art exhibition space that is open to the
public during regular and reasonable hours consistent with the hours that
comparable public museums are typically open.
The museum's fundamental public amenity will be its art exhibition space.
The proposed principle is intended to ensure that an ample amount of
exhibition space is included within the museum to maximize public access
to rotating exhibits of the work in the Collections.
5. Construct and operate an art archive that will be accessible to art professionals.
The archive will serve as the home of the Broad Collections, though pieces of the
Broad Collections will continue to be displayed in the Broad residences and loaned
to other institutions as part of The Broad Art Foundation's worldwide lending
program.
The Collections include approximately 2,000 artworks by more than 200
artists. A significant element of the museum will be an archive that makes
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the full breadth and richness of the Broad Collections available for viewing
and study by art professionals.
6. For as long as the Foundations occupy the building, make good faith efforts to
collaborate with Santa Monica's schools and Santa Monica College through means
such as hosting school group visits to the exhibition space and providing access to
the Broad Collections for workshops, lectures and seminars for students, educators
and arts professionals.
As the museum provides outstanding educational opportunities, the
Foundations would commit to collaboration with and access for the
schools and college.
7. Pay the School District's Development Fee and the Child Care Linkage Fee.
The Foundations would pay the one-time School District Development Fee
and the one-time Child Care Linkage Fee.
8. Reimburse the City's and Agency's actual out-of-pocket expenses incurred after
March 23, 2010 as a result of performing the tasks enumerated in Section 1, above,
should the Foundations construct the museum outside of Santa Monica due to
reasons outside the control of the City, its employees or Council members.
One of staff's concerns is that the Foundations and City could proceed
through the entitlement process, at considerable City expense, and then
the Foundations could choose to locate the museum in another city that is
courting them. In order to provide the City with a level of protection, the
Foundations would be responsible for reimbursing any City/Agency for
out-of-pocket expenses and the City and Foundations would execute such
agreement immediately.
While the reimbursement agreement provides the City with protection for its out-of-
pocket expenses, the City also faces the risk that the subject property could be tied up
in pursuit of a failed museum project. In such event, the City could lose valuable time
in making progress on the planning and design of other cultural and community uses
on the site. To help minimize such risks, staff recommends that The Broad
Foundations be given no more than six months to initiate development of the proposed
museum in Santa Monica. Initiation of development would be signaled by public
announcements, execution of the recommended reimbursement agreement,
finalization of a project description for CEQA purposes, and initiation of design dialogue
with City staff in anticipation of review by the City Council and related boards and
commissions.
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Eventual Agreements
As legal documents are drafted and negotiated to reflect the agreements-in-principle,
the agreements will need to address issues such as remedies in the event of default
and performance milestones to ensure continued progress on development of the
museum.
Alternatives
Council could modify the agreements-in-principle, with the understanding that additional
negotiation with and consideration by the Foundations may be required. Council could
also direct staff to terminate negotiations.
Next Steps
If the City Council approves the agreements-in-principle, City staff and Foundations
representatives will initiate the. entitlement process, environmental review, and
negotiation of appropriate agreements. During the period of environmental review and
negotiation of the Development Agreement, the City Council, as well as the Planning
Commission and Architectural Review Board, would participate in conceptual review of
the proposed museum design.
Financial Impacts & Budget Actions
In addition to the opportunity cost of leasing the land for $1 per year, the upfront direct
and indirect costs of the proposed agreements-in-principle are estimated. at
approximately $2.7 million, including $1 million for design assistance, $750,000 for site
preparation, $900,000 for permitting and fees, and $50,000 for off-site environmental
mitigation. On May 12, 2009, Council allocated $21 million of long-term redevelopment
funding capacity toward the development of the Civic Auditorium District not including
funds allocated toward the Early Childhood Development Center and the renovation of
the Civic Auditorium itself. With $2.7 million allocated for the City/Agency contribution
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toward museum development, the Public Works Departments estimates that the
remaining $18,3 million will be sufficient to complete the Civic Auditorium Park. On-
going costs for parking validations are estimated at $8,000 per year. On-going
landscape maintenance costs will be identified once the Civic Auditorium Park has been
designed. Revenue forecasts from museum parking will be developed once more
detailed museum operating plans have been developed.
Prepared by: Andy Agle, Director, Housing and Economic Development
Jessica Cusick, Cultural Affairs Manager
Approved: Forwarded to Council:
~~ d ~, --~
Rod Gould Rod Gould
City Manager City Manager
Attachments:
1. Annual Attendance Figures at Regional Museums
2. Information Regarding Other Museums
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ANNUAL VISITORS TO SOUTHLAND MUSEUMS
Autry Museum of the American West 2009 146,000
California African American Museum 2009 72,000
Getty Museums (both locations) 2009 1,560,904
Hammer Museum 2009 150,000
Kidspace Children's Museum 2008 225,104
Los Angeles County Museum of Art
(LACMA) 2008 Nearly
1,000,000
Long Beach Museum of Art 2009 110,000
Museum of Contemporary Art
(MOCA) 2008 213,000
Museum of Latin American Art 2009 66,289
Santa Monica Museum of Art 2009 39,000
ATTACHMENT 1
U.S. MUSEUM FINANCIAL INFORMATION
Comparable museums, due to size, proximity, and/or single collection focus:
Institution Location Endowment Revenue Expenses Exhibition Notes
(FY endin 09) (07 Form 990) (07 Form 990) S ace
Hammer Museum Los Angeles, No endowment $12M $12M 16,000 sq ft • Managed by UCLA
CA (see note) e Land & building privately owned by Occider
• Some construction & operations funds receiv
MOCA Los Angeles, Approx. $20 M $17M $25M 28,500 sq ft • Land owned by City
CA (see notes) (in two • Building built by private developers as part o
locations) California Plaza
(see note) • 55,000 sq ft space in Little Tokyo rents from
• Endowment peaked at $38M in 2000 but fell
Norton Simon Pasadena, CA $20M $9M $6M 51,000 sq ft • Land owned by City, building owned by mus
Museum . $1/yr lease
Asian Art Museum San Francisco, $20M (plus $17.6M $23.3M 29,000 sq $ • Collection acquired by City from a major col
CA $80M to pay off build a museum
a bond) • Land and building owned by the City
• Building renovation paid for by bond
• $0 rent paid by museum
Menil Collection Houston, TX $185M $25 M $18 M 26,400 sq ft • Museum owns land, buildings and most of su
Guggenheim New York, NY $113M $79 M $65 M 50,000 sq ft • Land and building owned by museum
Museum in NY • Foundation offices in museum, with branches
location museums around the world
• Foundation and museum are identified as sin;
• City and state contributed to 2005 renovation
buildin in NYC
Phillips Collection Washington, $34M $16M $13M 20,000 sq ft • Land and building owned by museum
DC
Note: according to the American Association of Museums report of 2009, among art museums in the U.S.,
• 87% have endowments -
• Less than ten percent have endowments over $80 million (as of the start of the 08/09 FY)
• Endowments offset 9% or more of total expenses in the top ten percent
Museum Comparison - 16Mari 0 - p.l
Additional museums (alphabetical, by institution):
Institution City/State Endowment Revenue Expenses Year & Exhibition Space Notes
(as of FY Source of
08/09) Revenue
Data
Children's Museum Denver, CO $1M (see $3.6M $3.SM 08/09 9,012 sq ft • Museum leases building
of Denver note) annum report • Funded privately
• Endowment restricted to serve Ti
Denver Denver, CO $400,000 $3.4M $3.2M 08 15,000 sq ft • Museum owns land and building
Contemporary Art 99o Form • Funded privately
Museum
Fort Worth Modern Fort Worth, $25M $8M $9M 07 53,000 sq ft • Land and building leased from pr
Art Museum TX 990 Form • No funds received from City
Frick Collection New York, $150M $26M $23M 07 32,000 sq ft • Museum owns land and building
Ny 99o Form • Funded rivately
LACMA Los Angeles, $128 M $82 M 07 500,000+ sq ft of • County owns facility, land and bt
CA 99o Form total exhibition • County provides $23 M in operat
and admin space • Operated by nonprofit ("Museum
in 7 buildings • New BCAM wing has 60,000 sq
Milwaukee Art Milwaukee, $24M $12M $12M 10 10,000 sq ft • County-owned facility
Museum WI phone call • $0 rent paid by museum
Nasher Sculpture Dallas, TX Approx. $100 $7M $7M 07 55,000 sq ft • Museum owns land and building
Center M 99o Form building & • Funded privately
Dallas 1.4 acre sculpture
garden.
Ogden Museum of New Orleans, $1M (see $1.7M $2M 07 67,000 sq ft • State facility, land and buildings
Southern Art LA note) 99o corm • Museum receives some state supl
• Endowment is new -distribution
Pasadena Museum of Pasadena, CA No $1M $.8M 07 30,000 sq ft • Museum owns land and building
California Art endowment 99o Form • Funded privately
Philadelphia Museum Philadelphia, $268M $29M $23M 07 190,000 sq ft • City-owned land and building
of Art PA 99o Form . $0 rent to museum
Pulitzer Foundation St. Louis, MO $SOM $11M $3M 07 27,000 sq ft • Museum owns land and building
for the Arts 990 Form • Funded privately
Museum Comparison- 16Mar10-p.2
Additional museums (continued):
Institution City/State Endowment Revenue Expenses Year & Exhibition Space Notes
(as of FY Source of
08/09) Revenue
Data
Scottsdale Museum Scottsdale, $SM (see $3.9M $3.9M 10 45,000 sq ft • Museum opens in 2012
of the American West AZ note) Pnone oan . City owns land
• Museum has long term lease for
financed construction and comm
maintain
San Francisco San $80 $43 07 70,000 sq ft • Museum owns land and building
Museum of Modern Francisco, CA 99o Form • Funded privately
Art • Fisher Collection will be exhibite
funded by donor
Taubman Museum Roanoke, VA $3M $4M $4M 10 20,000 sq ft • .Opened Nov. 08
of Art Pno~e oau • City donated the land (no lease of
• Museum owns building
• Launching 10-year endowment c.
Walker Art Center Minneapolis, $144M $32M $26M 07 40,000 sq ft • Museum owns land and building
MN 99o Form • Funded rivately
Warhol Museum Pittsburgh, $8M $3M $3M 10 32,000 sq ft • Museum owns land and building
PA PnOneoaO • Funded privately
Museum Comparison - 16Mar10 - p.3