Weitzman National Museum of American Jewish History

Analysis

Weitzman National Museum of American Jewish History is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1974, 52 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, Weitzman National Museum of American Jewish History reported income of $8.2m and spending of $7.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $8.2m (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income dropped by 531%. Over the whole period it spent 621% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Weitzman National Museum of American Jewish History sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Maryland Historical Society ($8.2m), Harpers Magazine Foundation ($8.2m) and San Francisco Ballet Endowment Foundation ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $604k (7.7% of expenses). Other salaries and wages came to $1.7m. It paid $202k in professional fundraising fees. At year end it held assets of $29.2m against liabilities of $1.2m, net assets of $28.1m. It reported 26 employees.