Public Charity

J H WADE FOR CLEVELAND MUSEUM OF ART

J H WADE FOR CLEVELAND MUSEUM OF ART, of BROOKLYN, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $6.4M in revenue, $1.9M in expenses, $31.7M in total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $10.8M.

EIN: 346506247 BROOKLYN, OH Latest filing: 2024
Total Revenue$6.4M
Total Expenses$1.9M
Total Assets$31.7M
Grants Given6
Grant Total$10.8M
Filing Years2020–2024

Mission

GRANTS ARE MADE ACCORDING TO THE TRUST AGREEMENT DATED JULY 8, 1920 TO THE CLEVELAND MUSEUM OF ART. THE TRUSTEES ARE DIRECTED TO PAY NET INCOME FROM THE TRUST TO THE CLEVELAND MUSEUM OF ART TO BE USED TO PURCHASE WORKS OF ART TO BE EXHIBITED IN ITS MUSEUM BUILDING. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACT OF 1999, THE BENEFICIARY HAS CHOSEN TO RECEIVE THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF THE BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION.

Sample Grants Given

CLEVELAND, OH · 2024
USED FOR THE PURCHASE OF WORKS OF ART.
$1,830,333
CLEVELAND, OH · 2023
USED FOR THE PURCHASE OF WORKS OF ART.
$1,878,973
CLEVELAND, OH · 2022
USED FOR THE PURCHASE OF WORKS OF ART.
$2,034,782
CLEVELAND, OH · 2021
USED FOR THE PURCHASE OF WORKS OF ART.
$1,656,925
THE CLEVELAND MUSEUM OF ART
CLEVELAND, OH · 2020
USED FOR THE PURCHASE OF WORKS OF ART.
$1,670,762

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

CMA ASST TREASURER OF FINANCE Russ Klimczuk

Officer compensation and complete director data available with membership.

Top Grant Purposes

USED FOR THE PURCHASE OF WORKS OF ART.
$10,760,300 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $6.4M $1.9M $31.7M
2023 $974K $1.9M $27.3M
2022 $1.6M $2.1M $28.2M
2021 $2.1M $1.7M $28.7M
2020 $1.1M $1.7M $28.3M

Between 2020 and 2024, reported annual revenue grew from $1.1M to $6.4M (+481%), with total assets most recently reported at $31.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in OH.

OH

Full geographic grant map with state-by-state breakdown available with membership.

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