Jewish Childrens Museum

Analysis

Jewish Childrens Museum is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1997, 29 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 August 2023, Jewish Childrens Museum reported income of $3.0m and spending of $3.0m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.3m to $3.0m (+29%), an average of +6.6% a year. The sharpest change came in the year to August 2021, when income rose by 68%. Over the whole period it spent 134% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jewish Childrens Museum 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 86th percentile within NY. Charities of a similar size with the same main cause include Sharebaby ($3.0m), Berkeley Playhouse Inc ($3.0m) and Kronos Performing Arts Assn ($3.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 63% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $303k (10% of expenses). Other salaries and wages came to $845k. At year end it held assets of $16.7m against liabilities of $6.9m, net assets of $9.7m. It reported 54 employees.