Overview

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Est.

1987

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The William A. Farnsworth Library and Art Museum, Inc. is a nonprofit organization dedicated to celebrating Maine's role in American art through a diverse range of collections, exhibitions, and educational services. With an operating budget of $7.1 million and total revenue of $5.6 million for the 2024 filing year, the museum engages in various cause areas including historic preservation, arts education, and cultural awareness. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a broad base of support for its mission. For more information, visit www.farnsworthmuseum.org.

Mission Statement

THE MUSEUM'S MISSION IS TO CELEBRATE MAINE'S ROLE IN AMERICAN ART. TO ACCOMPLISH THAT MISSION THE MUSEUM PROVIDES AN EXTENSIVE OFFERING OF COLLECTIONS, EXHIBITIONS, EDUCATION AND RETAIL SERVICES TO THE GENERAL PUBLIC.
Revenues
$5.6M
Expenses
$7.1M
Net Income:
-$1.5M
Assets
$39M
Liabilities
$650.4K
Net Assets:
+$38.4M
Operating Budget
$7.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
25
Median grant size
$15K
Largest grant received
$284.5K
C
Chris Brownawell
Board Member
R
Robert E Kulp
Board Member
P
Paula J Carreiro
Board Member

Frequently Asked Questions

What is THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM, INC.’s budget?
In 2024, THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM, INC. reported an annual operating budget of around $7.1 million. More detailed financial information is available to registered users.
What causes does THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM, INC. support?
THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM, INC. supports work in Cultural awareness, Humanities, Public arts, Visual arts, Artist's services, Arts administration, Arts councils, Arts education, Historic preservation, Art museums, Performance art, Spoken word, and Education services.
Where does THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM, INC. operate?
THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM, INC. is headquartered in ROCKLAND, ME.
Who funded THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM, INC. recently?
In 2025, THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM, INC. received grants from The Philecology Foundation, ARTHUR K WATSON TRUST XXXXX5001, and Boston Foundation, Inc. More information on this organization’s funders is available to registered users.
What is the largest grant THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM, INC. received in 2024?
The largest grant to THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM, INC. in 2024 exceeds $284 thousand.