Maltz Museum of Jewish Heritage

Analysis

Maltz Museum of Jewish Heritage is a registered charity in United States, based in Beachwood, OH. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maltz Museum of Jewish Heritage reported income of $3.1m and spending of $3.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $3.1m (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2022, when income rose by 126%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maltz Museum of Jewish Heritage sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Amant Foundation USA ($3.1m), Arts for Healing and Justice Network ($3.1m) and Pewabic Society Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $226k (7.4% of expenses). Other salaries and wages came to $776k. At year end it held assets of $30.5m against liabilities of $7.3m, net assets of $23.1m. It reported 28 employees.