Dallas Holocaust Museum

Analysis

Dallas Holocaust Museum is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1986, 40 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, Dallas Holocaust Museum reported income of $6.9m and spending of $10.4m, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.7m to $6.9m (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dallas Holocaust Museum 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 95th percentile within TX. Charities of a similar size with the same main cause include William a Farnsworth Library and Art Museum Inc ($6.9m), Western Reserve Historical Society ($6.9m) and Performing Arts Consultants Inc ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $969k (9.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $56.6m against liabilities of $383k, net assets of $56.2m. It reported 69 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.