Overview
What is The Sephardic Heritage Museum Inc?
The Sephardic Heritage Museum Inc, situated in the heart of New York City at 25 WEST 39TH STREET - 11TH FLOOR, is a nonprofit organization dedicated to preserving and showcasing artifacts of historical, cultural, and religious significance for individuals with Sephardic Jewish descent. With a team of 13 dedicated individuals, the museum's primary mission involves the maintenance and public display of these valuable objects, thus honoring and celebrating the rich heritage of the Sephardic Jewish community.
What are the reviews and ratings of this charity?
77% rating from Charity Navigator indicates that The Sephardic Heritage Museum Inc has achieved a Three-Star out of Four Star rating, reflecting a solid performance in accountability and finance. The score is based entirely on the organization’s financial practices, suggesting a strong emphasis on maintaining trust and transparency with donors.
The museum has a fully independent board, with 100% of its members meeting this criterion, which demonstrates a commitment to governance and oversight. Additionally, there is no evidence of asset diversion, and the organization documents its board meeting minutes effectively, contributing to overall transparency.
Financially, the museum shows strength with a low liabilities-to-assets ratio and a high program expense ratio, indicating that the majority of funds are used for its mission-related activities. Overall, while the museum maintains a strong accountability and finance score, it does not provide a broader assessment of its program effectiveness or impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Sephardic Heritage Museum Inc legitimate?
The Sephardic Heritage Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sephardic Heritage Museum Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $446,805
For more financial information, click here
What is the mission statement of The Sephardic Heritage Museum Inc?
The Sephardic Heritage Museum Inc's mission is centered around preserving and showcasing objects of historical and cultural significance. Specifically, they focus on artifacts that hold importance for individuals with Sephardic Jewish descent and their heritage. By maintaining and publicly displaying these items, the museum aims to provide an educational and enriching experience, allowing people to connect with their heritage and learn about its history.
What is the revenue of The Sephardic Heritage Museum Inc?
The Sephardic Heritage Museum Inc's revenue in 2024 was $5,012,321.
Who are the executives of The Sephardic Heritage Museum Inc and what are their salaries?
The average compensation at The Sephardic Heritage Museum Inc during 2024 was $40,619. There are 11 employees at The Sephardic Heritage Museum Inc.
Here are 4 key members and their salaries:
- Compensation: $101,475
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Sephardic Heritage Museum Inc?
The Sephardic Heritage Museum Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Sephardic Heritage Museum Inc
The Sephardic Heritage Museum Inc is committed to preserving and showcasing objects of historical and cultural significance. This nonprofit organization focuses on items that hold significance for individuals with Sephardic Jewish descent and their heritage. By maintaining and publicly displaying these artifacts, The Sephardic Heritage Museum Inc aims to provide a platform for appreciation and education, allowing individuals to connect with their cultural roots. The museum's mission is to serve as a testament to the rich history and traditions of the Sephardic Jewish community, fostering a sense of identity and pride among its members.
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Impact
October, 2024
The Sephardic Heritage Museum Inc plays a vital role in preserving and showcasing the rich historical, cultural, and religious heritage of Sephardic Jewish communities. By maintaining and publicly displaying significant artifacts, the museum fosters a greater understanding of Sephardic history and traditions, connecting individuals of Sephardic descent to their roots. This impact extends beyond preservation; it serves as an educational resource for the broader public, promoting cultural appreciation and dialogue. Located in New York, the museum contributes to the vibrant tapestry of the city’s diverse cultural landscape, ensuring that the stories and legacies of Sephardic Jews are not only remembered but celebrated. Through its efforts, the museum strengthens communal ties, enriches cultural heritage, and encourages the exploration of the arts as a means of understanding the complexities of identity and history.
This information is meant to be a general summary of The Sephardic Heritage Museum Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $28,508
- Gross Receipts: $27,953,585
Assets and Liabilities:
- Total Assets: $15,451,134
- Total Liabilities: $966,135
- Net Assets: $14,484,999
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Organization Details
Founding Year
2005
Principal Officer
Joseph J Sitt
NTEE Category
Code: A540 - Arts
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