AMERICAN FRIENDS OF THE ISRAEL MUSEUM

EIN: 237182582 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$15,949,858
Total Expenses
$20,890,526
Total Assets
$158,573,934
Net Assets
$155,777,493
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NY
Principal Officer
LEAH SIEGEL
Phone
2129975611
Tax Period
2024-01-01 to 2024-12-31

AMERICAN FRIENDS OF THE ISRAEL MUSEUM, founded in 1972, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $15.9M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $20.9M exceeded revenue, resulting in a 31% operating deficit.

Mission

FOSTER AND ENCOURAGE LIBERAL ARTS AND OBTAIN ART AND ARCHAEOLOGY FOR THE ISRAEL MUSEUM, OBTAIN GRANTS AND CONTRIBUTIONS FOR AND MAKE GRANTS AND CONTRIBUTIONS TO THE ISRAEL MUSEUM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,837,120
Program Service Revenue $0
Investment Income $4,819,272
Other Revenue $-706,534
TOTAL REVENUE $15,949,858

Expense Breakdown

Grants Paid $18,438,190
Salaries & Benefits $881,142
Fundraising Expenses $1,144,642
Program Expenses $18,950,639
Other Expenses $1,571,194
TOTAL EXPENSES $20,890,526

Year-over-Year Comparison

2024 2023 Change
Revenue $15,949,858 $13,075,007 +0.2%
Expenses $20,890,526 $31,002,474 -0.3%
Net Income $-4,940,668 $-17,927,467 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
78
Independent Members
77
Employees
4
Volunteers
90

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
17
$335,483
Total Directors
81
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL BERNSTEIN PRESIDENT 8.00
Officer Director
$0 $0 $0
STACEY BRONFMAN SECRETARY 2.00
Officer Director
$0 $0 $0
HOPE WARSCHAW FIRST VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
GERI POLLACK DIRECTOR 0.50
Director
$0 $0 $0
BARBARA ROTHSCHILD ASSISTANT SECRETARY 1.00
Officer Director
$0 $0 $0
WILLIAM EHRLICH CHAIRMAN, EXECUTIVE COMMIT 2.00
Officer Director
$0 $0 $0
RICHARD S LANE ASSISTANT TREASURER 2.00
Officer Director
$0 $0 $0
PHYLLIS MACK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SUSAN MARK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
RENEE BELFER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JUDY STEINHARDT CO-CHAIRMAN, BOARD OF DIRE 2.00
Officer Director
$0 $0 $0
STEPHEN S LASH CO-CHAIRMAN, BOARD OF DIRE 2.00
Officer Director
$0 $0 $0
MAUREEN COGAN CO-CHAIRMAN, INTERNATIONAL 6.00
Officer Director
$0 $0 $0
BARBARA LANE HONORARY PRESIDENT 2.00
Director
$0 $0 $0
NINAH LYNNE HONORARY PRESIDENT 0.50
Director
$0 $0 $0
ANN AMES DIRECTOR 0.50
Director
$0 $0 $0
MARC BENDA DIRECTOR 0.25
Director
$0 $0 $0
JAY BERNSTEIN DIRECTOR 1.00
Director
$0 $0 $0
JULIE BERNSTEIN RESIGNED 0524 DIRECTOR 0.50
Director
$0 $0 $0
ANTHONY MENDEL BEYER DIRECTOR 0.50
Director
$0 $0 $0
RITA MAYO BRONFMAN DIRECTOR 1.00
Director
$0 $0 $0
ELLEN H BLOCK DIRECTOR 0.50
Director
$0 $0 $0
IRIS CANTOR DIRECTOR 0.50
Director
$0 $0 $0
STEVEN CHERNYS DIRECTOR 1.00
Director
$0 $0 $0
NANCY CHETRIT DIRECTOR 0.50
Director
$0 $0 $0
A STEVEN CROWN DIRECTOR 0.50
Director
$0 $0 $0
CLAUDIA DAVIDOFF DIRECTOR 0.50
Director
$0 $0 $0
DEBORAH GOODMAN DAVIS DIRECTOR 1.00
Director
$0 $0 $0
BARBARA DEANE DIRECTOR 0.50
Director
$0 $0 $0
LISA DENNISON DIRECTOR 0.50
Director
$0 $0 $0
ANNE FISHER DIRECTOR 0.50
Director
$0 $0 $0
WENDY FISHER DIRECTOR 0.50
Director
$0 $0 $0
SHIRLEY FITERMAN DIRECTOR 0.25
Director
$0 $0 $0
SARA FRIEDLANDER DIRECTOR 1.00
Director
$0 $0 $0
SARA ARONSON DIRECTOR 1.00
Director
$0 $0 $0
NOHRA HAIME DIRECTOR 0.50
Director
$0 $0 $0
SANFORD R HELLER DIRECTOR 0.50
Director
$0 $0 $0
MARLENE HERRING DIRECTOR 0.50
Director
$0 $0 $0
RENA HOFFMAN DIRECTOR 0.50
Director
$0 $0 $0
LISA KAUFMAN DIRECTOR 0.50
Director
$0 $0 $0
ALICE LAINER DIRECTOR 0.50
Director
$0 $0 $0
NAHUM LAINER DIRECTOR 1.00
Director
$0 $0 $0
NANCY LAINER ASSISTANT TREASURER 2.00
Officer Director
$0 $0 $0
JO CAROLE LAUDER DIRECTOR 0.50
Director
$0 $0 $0
ARNOLD LEHMAN DIRECTOR 1.00
Director
$0 $0 $0
JOAN C LESSING DIRECTOR 1.00
Director
$0 $0 $0
LINDA LINDENBAUM DIRECTOR 0.50
Director
$0 $0 $0
LINDA MACKLOWE DIRECTOR 0.50
Director
$0 $0 $0
TOBIAS MEYER DIRECTOR 0.50
Director
$0 $0 $0
LAUREN K MERKIN DIRECTOR 0.25
Director
$0 $0 $0
MARLA MICHAELS ASSISTANT SECRETARY 1.00
Officer Director
$0 $0 $0
CHERYL MINIKES VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
HANNO D MOTT DIRECTOR 0.50
Director
$0 $0 $0
HELEN NASH DIRECTOR 0.50
Director
$0 $0 $0
JOSHUA NASH RESIGNED 1024 DIRECTOR 1.00
Director
$0 $0 $0
JOHN C NOVOGROD RESIGNED 0524 DIRECTOR 1.00
Director
$0 $0 $0
PAMELA PANTZER DIRECTOR 0.50
Director
$0 $0 $0
MARTIN PERETZ DIRECTOR 0.50
Director
$0 $0 $0
LOUIS M PERLMAN DIRECTOR 0.50
Director
$0 $0 $0
MIMI PERLMAN DIRECTOR 0.50
Director
$0 $0 $0
ELEANOR HEYMAN PROPP DIRECTOR 0.50
Director
$0 $0 $0
INGEBORG RENNERT DIRECTOR 0.25
Director
$0 $0 $0
JUDY RESNICK DIRECTOR 0.25
Director
$0 $0 $0
DR RIVA ARIELLA RITVO-SLIFKA DIRECTOR 0.50
Director
$0 $0 $0
TARA ROSENBLUM DIRECTOR 0.50
Director
$0 $0 $0
ROBIN HARRISON KAPLAN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT NUSSBAUM DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SACHS DIRECTOR 1.00
Director
$0 $0 $0
JOAN C SAFIR DIRECTOR 1.00
Director
$0 $0 $0
MARIAN SCHEUER SOFAER DIRECTOR 0.50
Director
$0 $0 $0
GARY B SOKOL TREASURER 1.00
Officer Director
$0 $0 $0
BONNIE STERN DIRECTOR 0.50
Director
$0 $0 $0
DANIEL SUNDHEIM DIRECTOR 0.25
Director
$0 $0 $0
LIZ SWIG DIRECTOR 0.25
Director
$0 $0 $0
ALICE M TISCH DIRECTOR 0.25
Director
$0 $0 $0
MERRYL TISCH DIRECTOR 0.25
Director
$0 $0 $0
ROBBI TOLL DIRECTOR 0.50
Director
$0 $0 $0
JEANE UNGERLEIDER DIRECTOR 0.50
Director
$0 $0 $0
MEREDITH VERONA DIRECTOR 0.50
Director
$0 $0 $0
ORNA STERN DIRECTOR 0.50
Director
$0 $0 $0
LOIS MAZER ZELMAN DIRECTOR 0.50
Director
$0 $0 $0
LEAH SIEGEL EXECUTIVE DIRECTOR 40.00
Officer
$282,213 $53,270 $335,483
KELLY CALANNI DIRECTOR OF DEVELOPMENT 40.00
Highest
$169,410 $36,022 $205,432
GINETTE JEAN-BAPTISTE DATABASE MANAGER 40.00
Highest
$152,884 $37,117 $190,001
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $15,949,858 $20,890,526 $158,573,934 $-4,940,668
2023 $13,075,007 $31,002,474 $156,329,007 $-17,927,467
2022 $15,386,192 $50,823,753 $157,461,798 $-35,437,561
2021 $22,216,217 $28,412,695 $210,139,805 $-6,196,478
2020 $9,527,557 $15,856,710 $202,840,813 $-6,329,153
2019 $26,174,055 $14,144,688 $201,261,320 $12,029,367
2018 $14,782,626 $19,151,872 $180,713,742 $-4,369,246
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