William a Farnsworth Library and Art Museum INC

Rockland, Maine

AHealth Score
85A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org5.54×
Peer Median210.95×
💰
$6.9M
Total Revenue
📊
$6.3M
Total Expenses
🏦
$35.1M
Net Assets
📋
$319K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.5%
Year-over-year change (2022 → 2023)
Net Margin
+8.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.54
Net assets divided by total expenses
Liabilities-to-Assets
0.9%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$6,930,8624%$6,346,05423%$35,444,8234%
2022$6,635,1066%$5,172,68313%$34,202,8728%
2021$6,265,01349%$4,580,4151%$37,115,56013%
2020$4,207,53513%$4,529,91710%$32,899,6024%
2019$4,832,89238%$5,047,07720%$31,564,1731%
2018$7,808,294128%$4,190,3231%$31,809,45816%
2017$3,431,5588%$4,169,3334%$27,494,0664%
2016$3,182,97949%$4,028,0473%$26,474,820
2015$6,265,326223%$3,894,52032%$26,378,3597%
2014$1,939,575$2,940,944$24,689,362
2014$1,939,57533%$2,940,94426%$24,689,3621%
2013$2,895,46015%$3,947,8588%$24,900,1752%
2012$3,388,99016%$3,655,5471%$24,347,217
2011$2,925,740$3,612,142$24,417,140

Frequently Asked Questions

What does William a Farnsworth Library and Art Museum INC do?

William a Farnsworth Library and Art Museum INC is a arts, culture & humanities nonprofit organization based in Maine. It is classified under NTEE code A510 and is registered as a 501(c) tax-exempt organization with the IRS.

Is William a Farnsworth Library and Art Museum INC financially healthy?

Based on our 9-metric Financial Health Score model, William a Farnsworth Library and Art Museum INC has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does William a Farnsworth Library and Art Museum INC generate?

William a Farnsworth Library and Art Museum INC reports $5.6M in annual revenue and holds $39.0M in total assets, based on IRS filings.

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