American Antiquarian Society

Organization Overview

American Antiquarian Society is located in Worcester, MA. The organization was established in 1929. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 08/2023, American Antiquarian Society employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Antiquarian Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2022, American Antiquarian Society generated $8.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $6.7m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE AMERICAN ANTIQUARIAN SOCIETY IS BOTH A LEARNED SOCIETY AND NATIONAL RESEARCH LIBRARY OF PRE-TWENTIETH CENTURY AMERICAN HISTORY AND CULTURE. OUR MISSION IS TO COLLECT, PRESERVE AND MAKE AVAILABLE FOR STUDY THE PRINTED RECORD OF WHAT IS NOW THE UNITED STATES OF AMERICA FROM FIRST EUROPEAN SETTLEMENT THROUGH THE YEAR 1876. AS A LEARNED SOCIETY, WE OFFER A WIDE VARIETY OF PROGRAMS FOR DIVERSE AUDIENCES INCLUDING PROFESSIONAL SCHOLARS, PRE-COLLEGIATE UNDERGRADUATE AND GRADUATE LEVEL STUDENTS AND EDUCATORS, PROFESSIONAL ARTISTS AND WRITERS, GENEALOGISTS, AND THE GENERAL PUBLIC.

Describe the Organization's Program Activity:

COLLECTION PURCHASES - TO INCREASE COLLECTION OF PRINTED MATERIALS RELATING TO AMERICAN HISTORY PRIOR TO 1876


COLLECTION PURCHASES - TO INCREASE COLLECTION OF PRINTED MATERIALS RELATING TO AMERICAN HISTORY PRIOR TO 1876


CONSERVATION, CATALOGING AND OTHER - TO PRESERVE AND CATALOG THE SOCIETY'S COLLECTION OF BOOKS, NEWSPAPERS, MANUSCRIPTS & GRAPHIC ARTS IN CONJUNCTION WITH OTHER RESEARCH LIBRARIES.


CONSERVATION, CATALOGING AND OTHER - TO PRESERVE AND CATALOG THE SOCIETY'S COLLECTION OF BOOKS, NEWSPAPERS, MANUSCRIPTS & GRAPHIC ARTS IN CONJUNCTION WITH OTHER RESEARCH LIBRARIES.


RESEARCH - TO SUPPORT FELLOWSHIP PROGRAM FOR 45 FELLOWS AND OTHER EDUCATIONAL SEMINARS


RESEARCH - TO SUPPORT FELLOWSHIP PROGRAM FOR 45 FELLOWS AND OTHER EDUCATIONAL SEMINARS


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Board, Officers & Key Employees

Name (title)Compensation
John Herron Jr
Chairman
$0
Paul S Sperry
Vice Chairman
$0
George W Tetler III
Recording Secretary
$0
Richard D Brown
Secretary For Foreign Corr
$0
Ann V Fabian
Secretary For Domestic Cor
$0
James Donnelly
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $598,177
All other contributions, gifts, grants, and similar amounts not included above$1,709,224
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,307,401
Total Program Service Revenue$1,106,399
Investment income $1,769,904
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,425,689
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,610,061

Peer Organizations

Organization NameAssets
Rochester Public Library
Rochester, NY
$20,237,507
Smithtown Library
Nesconset, NY
$16,825,154
Suffolk Cooperative Library System
Bellport, NY
$17,278,917
Buffalo & Erie County Public Library
Buffalo, NY
$12,447,216
Massachusetts Library System Inc
Marlborough, MA
$12,470,405
Ferguson Library
Stamford, CT
$10,869,354
Nassau Library System
Uniondale, NY
$10,599,230
Proprietors Of The Boston Athenaeum
Boston, MA
$9,102,071
John Fitzgerald Kennedy Library Foundation Incorporated
Boston, MA
$6,797,290
Publishers International Linking Association Inc
Lynnfield, MA
$11,757,089
Providence Public Library
Providence, RI
$8,598,972
Springfield Museums Corporation
Springfield, MA
$9,845,732
Westchester Library System
Elmsford, NY
$7,290,234
American Antiquarian Society
Worcester, MA
$8,610,061
Emma S Clark Memorial Library Association
Setauket, NY
$6,020,162
Proprietors Of The Social Law Library
Boston, MA
$6,749,203
Community Libraries Of Providence
Providence, RI
$5,761,231
Ramapo Catskill Library System
Middletown, NY
$5,057,993
New Canaan Library Inc
New Canaan, CT
$6,531,183
Boston Public Library Fund Inc
Boston, MA
$5,623,283
Rogers Memorial Library Co
Southampton, NY
$5,228,689
New City Library
New City, NY
$6,151,626
Greenwich Library
Greenwich, CT
$5,180,636
Chemung County Library District
Elmira, NY
$4,112,599
East Hampton Library
East Hampton, NY
$3,732,777

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