American Antiquarian Society

Analysis

American Antiquarian Society is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in June 1929, 97 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, American Antiquarian Society reported income of $11.0m and spending of $7.1m, leaving 36% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $10.4m to $11.0m (+5.0%), an average of +1.2% a year. The sharpest change came in the year to August 2021, when income dropped by 28%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Antiquarian Society sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Southwest Leadership Academy ($11.0m), Oakland Military Institute College Preparatory Academy ($11.0m) and Signature Preparatory Inc ($11.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $513k (7.2% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $109.1m against liabilities of $4.9m, net assets of $104.2m. It reported 64 employees.