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Arts, Culture, Humanities : Museums

Farnsworth Art Museum

Celebrating Maine's role in American art

three stars

86.04

16 Museum Street Rockland, ME 04841
tel: (207) 596-6457   Web Site
EIN: 01-0368070

Board Leadership
Gerry Isom
President

CEO
Christopher Brownawell
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 86.04 three stars
  Financial 80.68 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Celebrating Maine's role in American art, the Farnsworth Art Museum offers a nationally recognized collection of works from many of America's greatest artists. With 20,000 square feet of gallery space and over 10,000 works in the collection, there is always something new on view at the Farnsworth. The museum houses the nation's second-largest collection of works by premier 20th-century sculptor Louise Nevelson. Its Wyeth Center exclusively features works of Andrew, N.C. and Jamie Wyeth. The Farnsworth's library is also housed in its Rockland, ME, campus. Two historic buildings, the Farnsworth Homestead and the Olson House, complete the museum complex.

Celebrating Maine's role in American art, the Farnsworth Art Museum offers a nationally recognized collection of works from many of America's greatest artists. With 20,000 square feet of gallery space and over 10,000 works in the collection, there is always something new on view at the Farnsworth. The museum houses the nation's second-largest collection of works by premier 20th-century sculptor Louise Nevelson. Its Wyeth Center exclusively features works of Andrew, N.C. and Jamie Wyeth. The Farnsworth's library is also housed in its Rockland, ME, campus. Two historic buildings, the Farnsworth Homestead and the Olson House, complete the museum complex.

Financial

three stars

80.68

Accountability & Transparency

four stars

96.00

This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
66.5%
  Administrative Expenses 16.0%
  Fundraising Expenses 17.3%
  Fundraising Efficiency $0.19
  Working Capital Ratio (years) 2.39
  Program Expenses Growth 6.2%
  Liabilities to Assets 6.2%
All data for Financial Performance Metrics calculations was provided by Farnsworth Art Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Farnsworth Art Museum on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Farnsworth Art Museum (ME) 86.04 three stars
The Baltimore Museum of Art (MD) 88.67 three stars
Seattle Art Museum (WA) 86.07 three stars
Dayton Art Institute (OH) 88.14 three stars
Chrysler Museum of Art (VA) 92.66 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,735,296
   Federated Campaigns $0
   Membership Dues $233,626
   Fundraising Events $364,903
   Related Organizations $40,000
   Government Grants $0
Total Contributions $3,373,825
   Program Service Revenue $618,689
Total Primary Revenue $3,992,514
   Other Revenue $840,378
TOTAL REVENUE $4,832,892
   
EXPENSES  
   Program Expenses $3,259,038
   Administrative Expenses $622,372
   Fundraising Expenses $1,165,667
TOTAL FUNCTIONAL EXPENSES $5,047,077
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-214,185
   
Net Assets $29,603,850

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Curatorial and Library $2,382,909 73.1%
Educational Programming $600,318 18.4%
Museum Store $275,811 8.5%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-09 02/01/2021 86.04 three stars
2018-09 02/01/2020 83.21 three stars
2017-09 09/01/2018 80.68 three stars
2016-09 03/01/2018 81.14 three stars
2015-09 03/01/2017 85.13 three stars
2013-12 06/01/2016 85.39 three stars
 
CN 2.0
2013-12 07/01/2015 82.12 three stars
2012-12 03/01/2014 85.15 three stars
2011-12 04/01/2013 84.50 three stars
2010-12 04/01/2012 94.31 four stars
2009-12 09/20/2011 90.30 four stars
 
CN 1.0
2009-12 03/01/2011 86.88 three stars
2008-03 07/01/2009 80.96 three stars
2007-03 06/01/2008 73.78 two stars
2006-03 04/01/2007 79.93 two stars
2005-03 01/01/2006 52.11 zero star
2004-03 12/01/2004 52.95 zero star
2003-03 07/01/2004 56.95 one star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 01-0368070
Name in IRS Master File WILLIAM A FARNSWORTH LIBRARY AND ART MUSEUM INC
NTEE Code A51
NTEE Classification Art Museums
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (60) Museum, zoo, planetarium, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1987
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2018
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$245,121 4.85% Chris Brownawell Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Farnsworth Art Museum (ME) 86.04 three stars
Portland Museum of Art (ME) 90.67 four stars
Nelson-Atkins Museum of Art (MO) 86.46 three stars
Brooklyn Museum (NY) 90.45 four stars
The Barnes Foundation (PA) 90.25 four stars

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Charity Contact Info

Farnsworth Art Museum
16 Museum Street
Rockland, ME 04841
tel: (207) 596-6457
fax: (207) 596-0509
EIN: 01-0368070

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Board Leadership

Gerry Isom
President

CEO

Christopher Brownawell
Executive Director

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