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Filing year 2023

THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC

Rockland, Maine·EIN 01-0368070·NTEE A510 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$5.6M
Total assets
$39M
Total expenses
$7.1M
Reported officers
25
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

Executive Director
Above 90th percentilevs Arts, Culture & Humanities peers in Maine
$405k
$453k
Base
$387k
Bonus
Other
Benefits
$19k
Chief Advancement Officer
Highest Compensated Employee
75th to 90th percentile
$197k
$220k
Base
$181k
Bonus
Other
Benefits
$16k
Chief Curator
Highest Compensated Employee
25th percentile to median
$133k
$148k
Chief Financial Officer
Median to 75th percentile
$124k
$138k
Director of Operations
25th percentile to median
$108k
$120k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC equaled 6% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
6%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 12%
from 2022

From $361k in 2022 to $405k in 2023.

$361k
2022
$405k
2023
In today's dollarsEst.
Up 8% in real terms$417k to $453k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 12% from 2022 to 2023, while revenue fell 20%.

$361k in 2022 to $405k in 2023.
  • Highest Compensated Employee pay rose 10% from 2022 to 2023.
  • Chief Financial Officer pay rose 8% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC

What does the Chief Executive Officer of THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC earn?

In 2023, the Chief Executive Officer of THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC received $405,319 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Maine: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Maine, the 2023 pay of the Chief Executive Officer at THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC falls in the top 10%. In 2023, the highest total compensation at THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC equaled 6% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC's revenue and expenses?

In 2023, THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC reported $5.6M in total revenue and $7.1M in total expenses on its IRS Form 990.

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