Holocaust Legacy Foundation Inc
- Assets
- $7.6m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 1
- Location
- Boston, MA
- Founding
- Data as of
- 12/2021
- EIN
- 83-4670212
Organization Overview
Holocaust Legacy Foundation Inc is located in Boston, MA. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holocaust Legacy Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Holocaust Legacy Foundation Inc generated $7.6m in total revenue. All expenses for the organization totaled $46.7k during the year ending 12/2021. While expenses have increased by 35.7% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND PERPETUATE THE MEMORY AND LESSONS OF THE HOLOCAUST FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLOCAUST LEGACY FELLOWS IS A YOUTH LEADERSHIP PROGRAM DESIGNED TO EDUCATE JEWISH TEENS ABOUT THE HOLOCAUST AS A WATERSHED EVENT IN JEWISH HISTORY AND IN THE HISTORY OF HUMANITY. THE INTENT OF THE FELLOWSHIP IS TO BROADEN THEIR WORLD VIEWS AND EMPOWERING THEM TO POSITIVELY IMPACT THE COMMUNITY AND WORLD. HOLOCAUST LEGACY FELLOWS OFFERS AN IMMERSIVE EXPERIENCE FOR A DEDICATED COHORT WHO WILL PLEDGE TO TAKE RESPONSIBILITY TO ACTIVELY PRESERVE AND PERPETUATE THE MEMORY AND LESSONS OF THE HOLOCAUST FOR FUTURE GENERATIONS.THE HOLOCAUST LEGACY FOUNDATION IS IN THE PROCESS OF PURCHASING A BUILDING THAT WILL EVENTUALLY HOUSE A MUSEUM, TRAINING, AND MEETING FACILITIES. THE MUSEUM WILL BE OPEN TO THE PUBLIC AND PROVIDE EDUCATION AND FACILITIES THAT THE ORGANIZATION WILL UTILIZE TO EDUCATE THE PUBLIC ABOUT THE HOLOCAUST AND THE LESSONS THAT CAN BE LEARNED FROM THE EVENTS OF THE PAST.IN ADDITION TO THE CONTRIBUTIONS, THE ORGANIZATION INTENDS TO COLLECT ADMISSION FEES AND PROVIDE EDUCATIONAL TRAINING TO THE COMMUNITY AND SCHOOLS AS WELL AS OFFER VIRTUAL TOURS OF THE MUSEUM. THE PURCHASE OF THE BUILDING IS PLANNED FOR 2021 WITH RENOVATIONS AND BUILDOUT TO OCCUR IN 2022 WITH PROJECTED OPENING OF THE MUSEUM IN 2023.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody Kipnis President, Treasurer, Dire | OfficerTrustee | 1 | $22,500 |
Todd Ruderman Director | Trustee | 1 | $0 |
Scott Frank Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,557,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,557,800 |
| Total Program Service Revenue | $0 |
| Investment income | $183 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,557,983 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,850 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $21,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $137 |
| Fees for services: Other | $1,080 |
| Advertising and promotion | $467 |
| Office expenses | $2,004 |
| Information technology | $3,102 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,077 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,029 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $46,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $958,988 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $200,000 |
| Investments—publicly traded securities | $6,349,036 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,889 |
| Total assets | $7,560,913 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $7,360,913 |
| Net assets with donor restrictions | $200,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,560,913 |
Peer Organizations
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|---|---|---|
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Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
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Genesee Country Museum Mumford, NY | $24,289,826 | $5,606,616 |
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Farmers Museum Inc New York, NY | $82,300,614 | $4,849,865 |
Scottish Rite Masonic Museum & Library Inc Lexington, MA | $63,564,259 | $9,227,595 |
Strawbery Banke Museum Portsmouth, NH | $20,097,430 | $6,235,476 |
Audrain Automobile Museum Inc Newport, RI | $3,719,380 | $2,562,395 |
General Society Of Mayflower Descendants Plymouth, MA | $8,416,506 | $2,797,450 |
The Long Island Museum Of American Art History & Carriages Stony Brook, NY | $25,489,639 | $2,528,641 |