About THE J PAUL GETTY TRUST

Oilman J. Paul Getty opened a small antiquities museum in 1954. Today, the Getty Trust operates the $1 billion Getty Center, a hilltop haven that focuses on art and humanities. Among the world's wealthiest art institutions, it is best known for the J. Paul Getty Museum, which primarily displays pre-20th-century works of art by Rembrandt and van Gogh, among others. The center also houses the Getty Research Institute, the Getty Conservation Institute, and institutes dedicated to art history and museum management. In addition, the trust supports the arts through grants made by the Getty Foundation. The trust received $1.2 billion from Getty's estate in 1982 and has more than tripled that figure in recent years.

Geographic Reach

Based in California, The J. Paul Getty Trust and the Getty programs are housed in the Getty Center in Los Angeles and the Getty Villa in Malibu. In fiscal year 2015, the Getty Trust has activities in 58 countries on six continents. That year 1.9 million visitors came to the Getty Center and Getty Villa from 51 countries.

Operations

The Trust consists of the J. Paul Getty Museum, the Getty Research Institute, the Getty Conservation Institute, and the Getty Foundation.

The Getty Research Institute library collections include more than 1 million books, periodicals, study photographs, and auction catalogs as well as extensive special collections of rare and unique materials.

The Getty Museum has adopted stringent policies designed to prevent acquisitions of ancient art without solid documentation.

Financial Performance

The Trust's revenues decreased by 70% in 2015 due to a decline in net realized and unrealized gains on investments partially offset by growth in sales and other income and net assets released from restriction.
 
Net income decreased by 91% due to lower revenues and higher program services expenses.
 
Operating cash outflow marginally declined by less than 0.5% due to a change in interest and dividends receivable.

Strategy

In recent years, the Trust has expanded its collection.

In 2016 it acquired ancient art: a Geometric Greek vase and a Roman marble head. The vase is an impressive example of the late Geometric style that marked the beginning of classical Greek art, while the marble head is part of an important Roman statue of a female figure that is already in the Getty Museum's collection. It also acquired a late 2nd century AD portrait, an over-life-size marble head of an older patrician woman and the Livre des fais de Jacques de Lalaing (Book of the Deeds of Jacques de Lalaing), a highly important illuminated manuscript comprising text by Jean Lefèvre de Saint-Remy and a frontispiece by Simon Bening, the leading Flemish manuscript painter of the period.
 
The Getty Trust also building its network of followers by email, text messaging, Facebook, Twitter, and other digital media, as well as by letters, printed books, telephone calls, and face-to-face conversations.

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THE J PAUL GETTY TRUST

1200 Getty Center Dr #500
Los Angeles, CA 90049-1657
Phone: 1 (310) 440-7300

Stats

  • Employer Type: Private Foundation
  • President and CEO: James Cuno
  • Director, The Getty Foundation: Deborah Marrow
  • CFO and COO: Patricia Woodworth

Major Office Locations

  • Los Angeles, CA

Other Locations

  • Williamstown, MA