The Nantucket Atheneum maintains circulating, children's, and research libraries as well as an extensive collection of artwork and exhibits on display to the public.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$401K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $592K a year · 16% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$401K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Plus $23.6M in investments, Pt X · Ln 11–13
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $34K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$134K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.6M
Spent
$2.7M
To programs
70%
Net assets
$27.0M
By yearFY2020–FY2024
Revenue
$3.6M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.6M
FY2021$3.3M
FY2022$3.6M
FY2023$3.6M
FY2024$4.3M
Expenses
$2.7M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.7M
FY2021$2.8M
FY2022$3.0M
FY2023$3.3M
FY2024$3.5M
Net assets
$27.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$27.0M
FY2021$30.2M
FY2022$24.8M
FY2023$27.9M
FY2024$30.7M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1943.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $1.9M Management & general 13% · $361K Fundraising 17% · $464K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

30 people listed on the 990; $401K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$201,985Pt VII · Sec A
Development Director
$142,681Pt VII · Sec A
Finance Manager
$56,567Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ann Scott$279,190$218,934$199,518$193,400$201,985
Margaret O'Reily$196,482$172,862$125,043——
Margaret O'Reilly———$142,398$142,681
Lincoln Thurber$119,701$105,715$102,975$102,878—
Leslie Malcom$114,061————
Cheryl Creighton$108,659————
Ashley Christ-Haigh$96,637$73,104—$29,773—
Kiley Fitch————$56,567

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Nantucket Atheneum executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Maintains libraries and displays art and exhibits for public access.

Questions for Nantucket Atheneum

Tap to ask. Nantucket Atheneum sees how many people are interested.

Your first name shows with your question. Nantucket Atheneum answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $1.9M · in their own filed words · FY2020
01

Operation of a public library for the town of nantucket.

$1.9Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$34K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.6M
Ln 12
Gifts and grantsLn 1h$2.3M
Investment incomeLn 3$1.3M
Fees for servicesLn 2g$3K
Money outPt IX
$2.7M
Ln 25
Programscol B$1.9M
Managementcol C$361K
Fundraisingcol D$464K
Owns and owesPt X
$27.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$27.1M
LiabilitiesLn 26$134K
PeoplePt VI, VII
30
listed · VII A
PaidVII A3
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Government grantsLn 1e$740K
Noncash giftsLn 1g$33K
Fundraising eventsLn 1c$433K
Fees for servicesLn 2g$3K
Investment incomeLn 3$1.3M
Gains on assetsLn 7$847K
Total revenueLn 12$3.6M
Assets in detailPt X, end of year
CashLn 1$723K
SavingsLn 2$553K
Cash and savings togetherLn 1–2$1.3M
InvestmentsLn 11–13$23.6M
Land, buildings, equipmentLn 10c$1.2M
Total assetsLn 16$27.1M
LiabilitiesLn 26$134K
Net assetsLn 32$27.0M
OperationsPt I, VI
EmployeesI 538
VolunteersI 6130
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$749K$1.3M
InvestmentsLn 11–13$21.7M$23.6M
Land, buildings, equipmentLn 10c$1.4M$1.2M
Total assetsLn 16$24.5M$27.1M
LiabilitiesLn 26$65K$134K
Net assetsLn 32$24.4M$27.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$232K$63K$84K$84K
Other salaries and wagesLn 7$1.1M$755K$76K$243K
Pension plan contributionsLn 8$24K$15K$2K$7K
Other employee benefitsLn 9$160K$113K$25K$22K
Payroll taxesLn 10$100K$64K$17K$19K
Accounting feesLn 11c$45K$45K
Investment management feesLn 11f$27K$27K
Other fees for servicesLn 11g$18K$9K$9K
Advertising and promotionLn 12$18K$16K$885$2K
Office expensesLn 13$18K$11K$4K$3K
OccupancyLn 16$441K$396K$22K$22K
Conferences, conventions and meetingsLn 19$8K$612$7K$330
Depreciation, depletion and amortizationLn 22$365K$329K$18K$18K
Other expenses (24a–d)Ln 24$166K$142K$24K
All other expensesLn 24e$36K$743$25K$10K
Total functional expensesLn 25$2.7M$1.9M$361K$464K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.3M$3.5M$799K$30.7M 990 PDF
FY2023 $3.6M$3.3M$255K$27.9M 990 PDF
FY2022 $3.6M$3.0M$628K$24.8M 990 PDF
FY2021 $3.3M$2.8M$433K$30.2M 990 PDF
FY2020 Viewing $3.6M$2.7M$848K$27.0M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $3,578,253 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $963,969$2,275,344
I-9 Program service revenuePrior year $24,365$2,822
I-10 Investment incomePrior year $547,050$1,300,087
I-11 Other revenuePrior year −$254,365$0
I-12 Total revenuePrior year $1,281,019$3,578,253
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $837,445$1,589,120
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $794,749$1,141,632
I-18 Total expensesPrior year $1,632,194$2,730,752
I-19 Revenue less expensesPrior year −$351,175$847,501
Part VI · Governance 23 of 23 board members independent, no flags
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,578,253 across 10 lines filed
VIII-1c Fundraising events$433,140
VIII-1e Government grants$740,073
VIII-1f All other contributions, gifts and grants$1,102,131
VIII-1g Noncash contributions (included above)$33,173
VIII-1h Total contributions, gifts and grants$2,275,344
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,822$2,822
VIII-3 Investment incomeExcluded from tax $452,788$452,788
VIII-7 Net gain or loss on sales of assetsExcluded from tax $847,299$847,299
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $2,822 · Unrelated business $0 · Excluded from tax $1,300,087$3,578,253
Part IX · Statement of functional expenses $2,730,752 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $63,142 · Management $84,189 · Fundraising $84,189$231,520
IX-7 Other salaries and wagesPrograms $755,016 · Management $76,148 · Fundraising $242,913$1,074,077
IX-8 Pension plan contributionsPrograms $15,242 · Management $1,754 · Fundraising $6,998$23,994
IX-9 Other employee benefitsPrograms $112,826 · Management $24,624 · Fundraising $22,207$159,657
IX-10 Payroll taxesPrograms $63,686 · Management $16,968 · Fundraising $19,218$99,872
IX-11c Accounting feesManagement $44,968$44,968
IX-11f Investment management feesManagement $26,615$26,615
IX-11g Other fees for servicesManagement $8,998 · Fundraising $9,104$18,102
IX-12 Advertising and promotionPrograms $15,610 · Management $885 · Fundraising $1,810$18,305
IX-13 Office expensesPrograms $11,266 · Management $4,262 · Fundraising $2,732$18,260
IX-16 OccupancyPrograms $396,458 · Management $22,060 · Fundraising $22,058$440,576
IX-19 Conferences, conventions and meetingsPrograms $612 · Management $6,869 · Fundraising $330$7,811
IX-22 Depreciation, depletion and amortizationPrograms $328,664 · Management $18,259 · Fundraising $18,259$365,182
IX-24 Other expenses (24a–d)Programs $141,722 · Fundraising $24,083$165,805
IX-24e All other expensesPrograms $743 · Management $24,892 · Fundraising $10,373$36,008
IX-25 Total functional expensesPrograms $1,904,987 · Management $361,491 · Fundraising $464,274$2,730,752
Part X · Balance sheet $27,117,546 assets, 13 lines filed
Asset lines not itemized here account for $1,072,316; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $167,222$722,815
X-2 Savings and temporary cash investmentsStart of year $581,921$552,758
X-3 Pledges and grants receivableStart of year $4,897$4,898
X-9 Prepaid expenses and deferred chargesStart of year $29,490$3,905
X-10c Land, buildings and equipment, netStart of year $1,431,703$1,154,420
X-12 Other securitiesStart of year $21,706,018$23,606,434
X-16 Total assetsStart of year $24,481,067$27,117,546
X-17 Accounts payable and accrued expensesStart of year $64,871$134,105
X-26 Total liabilitiesStart of year $64,871$134,105
X-27 Net assets without donor restrictionsStart of year $17,317,827$19,552,134
X-28 Net assets with donor restrictionsStart of year $7,098,369$7,431,307
X-32 Total net assets or fund balancesStart of year $24,416,196$26,983,441
X-33 Total liabilities and net assetsStart of year $24,481,067$27,117,546
Part XI · Reconciliation of net assets $26,983,441 net assets at year end
XI-1 Total revenue$3,578,253
XI-2 Total expenses$2,730,752
XI-3 Revenue less expenses$847,501
XI-4 Net assets at start of year$24,416,196
XI-5 Net unrealized gains (losses) on investments$1,719,744
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$26,983,441

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.