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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·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 · Schedule J · 5 reported individuals · Filing year 2023

Executive Director
$405k
$453k
Base
$387k
Bonus
Other
Benefits
$19k
Chief Advancement Officer
highest compensated employee
$197k
$220k
Base
$181k
Bonus
Other
Benefits
$16k
Chief Curator
highest compensated employee
$133k
$148k
Chief Financial Officer
$124k
$138k
Director of Operations
$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

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.

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

Revenue and expenses over time

THE WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.9M
$6.3M
2022
$5.6M
$7.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn

Comparable arts, culture & humanities organizations nationwide pay their highest-earning executive a median of $58,598.

25th percentile
$24k
Median
$58,598
75th percentile
$111k
90th percentile
$215k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 4,819 organizations across 4,819 filings (2021 – 2023).

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