Today, San Francisco’s Contemporary Jewish Museum announced it will put its downtown San Francisco building up for sale. In a press release, the museum stated it would “identify a buyer complementary to the Yerba Buena neighborhood cultural district.”
The museum, once an active fixture of that neighborhood, has been closed to the public for 15 months. In November 2024, citing financial difficulties, the 42-year-old nonprofit announced it would close its doors for at least a year, halting exhibitions early and laying off at least 19 staff members.
Today’s news is not altogether a surprise. The CJM operated at a deficit for years leading up to its December 2024 closure. In the museum’s most-recent available tax filings, ending June 2024, expenses outpaced revenue by over $5.9 million.
“Our revenue and expenses have been out of balance for some time,” CJM Executive Director Kerry King told KQED in 2024. “And like many institutions, we’ve found one-off ways to solve for that. But that doesn’t really solve the underlying balance situation.”
The CJM’s 63,000-square-foot building on Jessie Square, designed by Daniel Libeskind and opened in 2008, was a significant — and seemingly insurmountable — part of that equation. It was expensive to maintain, and to keep exhibitions secure and climate controlled. In 2024, a bank-held construction-related loan accounted for $1.5 million of the CJM’s annual expenses.


