Holocaust Museum & Education Center of SWFL

Analysis

Holocaust Museum & Education Center of SWFL is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in November 2001, 25 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, Holocaust Museum & Education Center of SWFL reported income of $1.3m and spending of $851k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.3m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Holocaust Museum & Education Center of SWFL sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Black Hills Playhouse Inc ($1.3m), Kurt Vonnegut Memorial Library Inc ($1.3m) and Kaatsbaan International Dance Center Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $150k (18% of expenses). Other salaries and wages came to $117k. At year end it held assets of $5.7m against liabilities of $1.2m, net assets of $4.5m. It reported 10 employees.