The last burial at Deane Road took place in 1929 and for decades it lay derelict, until a committee began restoring it, starting repair work on broken stones and developing a garden area for visitors.
In 2010 restoration was given a boost by the Heritage Lottery Fund, which awarded £494,000 to the project.
Ms Woolston, who was recently awarded the Liverpool Art Prize, said that she chose the cemetery because it was “such a rich space in terms of the culture and history of the city”, as the last resting place of many of Liverpool’s prominent Jewish businessmen.
Among those buried at Deane Road are a baroness, wealthy bankers and the family of jewellers H Samuel.