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The William a Farnsworth Library and Art Museum

Rockland, ME · EIN 01-0368070 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

The William a Farnsworth Library and Art Museum reported $11.7 million in revenue and $7.8 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $70.39 went to program services, $10.88 to management and general costs and $18.73 to fundraising. Its largest source of revenue was contributions and grants: 83.9% of the total. The highest compensation it reported for one person was $444,609 (EXECUTIVE DIRECTOR). 6 people received more than $100,000 in reportable compensation. Revenue rose 177% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $7.8M

For context, the median across 874 covered arts, culture & humanities charities: $79.92 programs, $13.89 management, $6.19 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 874 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
70.4%78.3%
Management & general
Part IX 25(C) ÷ 25(A)
10.9%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
18.7%6.1%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.15$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
83.9%57.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.7%
Program service revenue share
Part VIII 2g ÷ 12
5.2%20.8%
Highest reported compensation
Part VII-A, columns D–F
$444,609$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
5.72%2.03%
People paid over $100,000
Part VII, line 2
68
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
68.236.6
Independent voting board members
Part VI 1a–1b
16 of 16100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$3.6M expenses · 66.3% of program spending · revenue $559K

Curatorial and library

$1.1M expenses · 20.7% of program spending · revenue $59,930

Education program accomplishments

$712K expenses · 13.0% of program spending

Museum store

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$414,260$0$30,349$444,609
CHIEF ADVANCEMENT OFFICER
Highest compensated employee, 40.00 hrs/week
$189,656$0$16,706$206,362
CHIEF CURATOR
Highest compensated employee, 40.00 hrs/week
$131,783$0$9,345$141,128
DIRECTOR OF LEARNING & ENGAGEMENT
Highest compensated employee, 40.00 hrs/week
$103,498$0$12,142$115,640
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$105,913$0$9,005$114,918
CFO
Highest compensated employee, 40.00 hrs/week
$108,313$0$2,659$110,972

6 people received more than $100,000 in reportable compensation from The William a Farnsworth Library and Art Museum (Part VII, line 2). Compensation of current officers, directors and key employees totaled $473K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$7.8M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$7.8M70.4%$44M$444,609
FY2024 ⓘ$5.6M$7.1M63.2%$38M$405,319
FY2023 ⓘ$6.9M$6.3M70.1%$35M$361,308
FY2022 ⓘ$6.6M$5.2M64.0%$34M$325,015
FY2021 ⓘ$6.3M$4.6M68.3%$35M$282,363
FY2020 ⓘ$4.2M$4.5M66.5%$31M$266,239

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 16 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 585
  • Volunteers Part I, line 662

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ROCKPORT BUILDING PARTNERS
Building renovation - general contractor
$898,327
RUSSELL PHILANTHROPIES
Strategic and campaign planning
$284,568
ANNUM ARCHITECTES
Architect
$179,402

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

41 private foundations reported grants to The William a Farnsworth Library and Art Museum totaling $1.7M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The William a Farnsworth Library and Art Museum's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The William a Farnsworth Library and Art Museum, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in Maine

Questions people ask

How much of The William a Farnsworth Library and Art Museum's spending goes to programs?

In the fiscal year ending September 30, 2025, The William a Farnsworth Library and Art Museum reported that 70.4% of its $7.8 million in expenses went to program services, 10.9% to management and general and 18.7% to fundraising (Form 990, Part IX).

How much does The William a Farnsworth Library and Art Museum pay its top executive?

The largest total compensation The William a Farnsworth Library and Art Museum reported for one person in the fiscal year ending September 30, 2025 was $444,609, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The William a Farnsworth Library and Art Museum get its money?

Of $11.7 million in revenue in the fiscal year ending September 30, 2025, 83.9% came from contributions and grants and 5.2% from program service revenue (Form 990, Part VIII).

Is The William a Farnsworth Library and Art Museum a registered charity?

The IRS lists EIN 01-0368070 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202612259349301836 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542209349300109 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202420439349301147 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202311569349300736 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202201179349301520 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122239349301202 · read the filing

All filings for EIN 01-0368070: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.