Where the LA MOCA Money Went

The New York Times reports that stories about the MOCA’s need to raise money have drawn the attention of the attorney general’s office in California which oversees non-profit organizations:

The museum said it received a letter from the attorney general’s office, which oversees nonprofit institutions in the state, requesting “information and documents related to the museum’s finances.” People who have been briefed on the museum’s financial situation said its endowment had fallen to less than $10 million, about half the level of a year ago.