J H Wade for Cleveland Museum of Art

BROOKLYN, OH EIN: 34-6506247

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$31.7M

+16.1% YoY

Annual Giving

$1.8M

-2.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.8M

-2.6% YoY

About J H Wade for Cleveland Museum of Art

Based on IRS filings

J H Wade for Cleveland Museum of Art is a nonprofit organization, based in BROOKLYN, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $31.7M in total assets. In 2024, it awarded 1 grants totaling $1.8M. Net investment income was $6.4M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $9.1M (100%)

States

Ohio

Cities

Cleveland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$31,704,748	$27,307,433	$28,241,964
Revenue	$6,360,351	$974,360	$1,560,844
Expenses	$1,889,673	$1,908,893	$2,067,770
Qualifying Distributions	—	—	—
Net Investment Income	$6,360,351	$974,360	$1,560,844
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Cleveland Museum of Art ($1,830,333).

Recipient	Purpose	Amount
THE CLEVELAND MUSEUM OF ART CLEVELAND, OH	USED FOR THE PURCHASE OF WORKS OF ART.	$1,830,333

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RUSS KLIMCZUK	CMA ASST TREASURER OF FINANCE	1	—

Frequently Asked Questions

How large is J H Wade for Cleveland Museum of Art?

As of 2024, J H Wade for Cleveland Museum of Art holds $31.7M in total assets with $6.4M in annual revenue. It awarded 1 grants totaling $1.8M in 2024.

Where does J H Wade for Cleveland Museum of Art operate?

J H Wade for Cleveland Museum of Art has awarded grants in Ohio.

What size grants does J H Wade for Cleveland Museum of Art award?

In 2024, J H Wade for Cleveland Museum of Art awarded 1 grants totaling $1.8M — an average of about $1.8M per grant, based on its IRS Form 990 filings.

What is J H Wade for Cleveland Museum of Art's EIN?

J H Wade for Cleveland Museum of Art's EIN (Employer Identification Number) is 34-6506247. IRS Form 990 filing data is available on this page for 2019–2024.