Maine Jewish Museum

Analysis

Maine Jewish Museum is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in July 2009, 17 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 December 2023, Maine Jewish Museum reported income of $400k and spending of $336k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $400k (+138%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maine Jewish Museum sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 62nd percentile within ME. Charities of a similar size with the same main cause include Santa Barbara Institute for Consciousness Studies ($400k), Clarion Music Society Inc ($400k) and Hymn Society in the United States and Canada Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $76k (23% of expenses). Other salaries and wages came to $51k. At year end it held assets of $1.4m against liabilities of $126k, net assets of $1.3m. It reported 5 employees.