Civic Intelligence

The Farmers Museum Inc

EIN 15-0547367 • 501(c)3 • New York, NY

Profile

Cultivating an understanding of the rural heritage that has shaped our land, communities and american culture.

One Rockefeller Plaza 31st FLNew York, NY 10020-2102

www.farmersmuseum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.01x

Higher debt load relative to assets than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

0.06x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

76th percentile

21%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

64th percentile

$470,551

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

41st percentile

3.8%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

176%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$78,690,086

Up $2,882,310 (+3.8%) from 2023

Liabilities

Down

$459,021

Down $66,142 (-13%) from 2023

Net Assets

Up

$78,231,065

Up $2,948,452 (+3.9%) from 2023

Operations
Liabilities / Revenue15th percentileNet Margin76th percentile

Revenue

Up

$7,384,602

Up $4,709,185 (+176%) from 2023

Expenses

Up

$5,840,794

Up $528,064 (+9.9%) from 2023

Net Income

Up

$1,543,808

Up $4,181,121 (+159%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2010: $52,810,884Liabilities 2010: $401,191Net Assets 2010: $52,409,6932010Assets 2011: $50,661,641Liabilities 2011: $226,211Net Assets 2011: $50,435,4302011Assets 2012: $54,733,187Liabilities 2012: $324,657Net Assets 2012: $54,408,5302012Assets 2013: $70,672,288Liabilities 2013: $434,461Net Assets 2013: $70,237,8272013Assets 2014: $67,715,234Liabilities 2014: $382,585Net Assets 2014: $67,332,6492014Assets 2015: $63,698,339Liabilities 2015: $450,626Net Assets 2015: $63,247,7132015Assets 2016: $68,013,689Liabilities 2016: $394,722Net Assets 2016: $67,618,9672016Assets 2017: $71,510,641Liabilities 2017: $524,345Net Assets 2017: $70,986,2962017Assets 2018: $66,445,706Liabilities 2018: $354,419Net Assets 2018: $66,091,2872018Assets 2019: $73,116,055Liabilities 2019: $228,410Net Assets 2019: $72,887,6452019Assets 2020: $74,921,168Liabilities 2020: $443,319Net Assets 2020: $74,477,8492020Assets 2021: $82,300,614Liabilities 2021: $507,801Net Assets 2021: $81,792,8132021Assets 2022: $73,312,868Liabilities 2022: $394,796Net Assets 2022: $72,918,0722022Assets 2023: $75,807,776Liabilities 2023: $525,163Net Assets 2023: $75,282,6132023Assets 2024: $78,690,086Liabilities 2024: $459,021Net Assets 2024: $78,231,0652024

Highlighted filing

2024

Assets$78,690,086
Liabilities$459,021
Net Assets$78,231,065
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,311,8162010Expenses 2011: $4,381,8242011Expenses 2012: $4,182,6602012Revenue 2013: $10,548,496Expenses 2013: $4,238,656Net Income 2013: $6,309,8402013Revenue 2014: $11,970,728Expenses 2014: $4,240,493Net Income 2014: $7,730,2352014Revenue 2015: $5,795,698Expenses 2015: $4,386,224Net Income 2015: $1,409,4742015Revenue 2016: $2,591,136Expenses 2016: $4,444,079Net Income 2016: -$1,852,9432016Revenue 2017: $8,636,734Expenses 2017: $4,396,209Net Income 2017: $4,240,5252017Revenue 2018: $6,157,538Expenses 2018: $4,719,931Net Income 2018: $1,437,6072018Revenue 2019: $3,083,567Expenses 2019: $4,638,929Net Income 2019: -$1,555,3622019Revenue 2020: $4,001,950Expenses 2020: $3,667,491Net Income 2020: $334,4592020Revenue 2021: $4,849,865Expenses 2021: $3,827,252Net Income 2021: $1,022,6132021Revenue 2022: $10,632,880Expenses 2022: $4,717,814Net Income 2022: $5,915,0662022Revenue 2023: $2,675,417Expenses 2023: $5,312,730Net Income 2023: -$2,637,3132023Revenue 2024: $7,384,602Expenses 2024: $5,840,794Net Income 2024: $1,543,8082024

Highlighted filing

2024

Revenue$7,384,602
Expenses$5,840,794
Net Income$1,543,808
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$78,690,086
Liabilities
$459,021
Net assets
$78,231,065
Revenue
$7,384,602
Expenses
$5,840,794
Net income
$1,543,808
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$78.7$0.46$78.2$7.38$5.84$1.54
2023Detailed filing. Detailed filing data is available for this year.$75.8$0.53$75.3$2.68$5.31$2.64
2022Detailed filing. Detailed filing data is available for this year.$73.3$0.39$72.9$10.6$4.72$5.92
2021Detailed filing. Detailed filing data is available for this year.$82.3$0.51$81.8$4.85$3.83$1.02
2020Detailed filing. Detailed filing data is available for this year.$74.9$0.44$74.5$4.00$3.67$0.33
2019Detailed filing. Detailed filing data is available for this year.$73.1$0.23$72.9$3.08$4.64$1.56
2018Detailed filing. Detailed filing data is available for this year.$66.4$0.35$66.1$6.16$4.72$1.44
2017Detailed filing. Detailed filing data is available for this year.$71.5$0.52$71.0$8.64$4.40$4.24
2016Detailed filing. Detailed filing data is available for this year.$68.0$0.39$67.6$2.59$4.44$1.85
2015Detailed filing. Detailed filing data is available for this year.$63.7$0.45$63.2$5.80$4.39$1.41
2014Detailed filing. Detailed filing data is available for this year.$67.7$0.38$67.3$12.0$4.24$7.73
2013Detailed filing. Detailed filing data is available for this year.$70.7$0.43$70.2$10.5$4.24$6.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.7$0.32$54.4$4.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.7$0.23$50.4$4.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.8$0.40$52.4$4.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$7,384,602
Mission and Program Overview

Mission

Cultivating an understanding of the rural heritage that has shaped our land, communities and american culture.

Cultivating an understanding of the rural heritage that has shaped american culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$49,651,778$50,366,521▲ $714,743
Savings and Temporary Cash Investments$18,898,547$21,827,996▲ $2,929,449
Investments in Publicly Traded Securities$4,829,793$4,220,006▼ $609,787
Land, Buildings, and Equipment, Net$2,146,488$2,031,259▼ $115,229
Pledges and Grants Receivable$152,500$152,500→ $0
Prepaid Expenses and Deferred Charges$128,670$91,804▼ $36,866
Total Assets$75,807,776$78,690,086▲ $2,882,310
Liabilities
Accounts Payable and Accrued Expenses$232,450$320,711▲ $88,261
Deferred Revenue$292,713$138,310▼ $154,403
Total Liabilities$525,163$459,021▼ $66,142
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$65,394,780$67,742,800▲ $2,348,020
Net Assets With Donor Restrictions$9,887,833$10,488,265▲ $600,432
Total Net Assets Fund Balance$75,282,613$78,231,065▲ $2,948,452
Total Liabilities and Net Assets / Fund Balance$75,807,776$78,690,086▲ $2,882,310

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,361,054$6,060,065$7,421,119
Equipment$155,532$2,239,216$2,394,748
Land$514,673-$514,673
Other Land Buildings$0$6,250$6,250
Other Securities$46,256,440--
Closely Held Equity Interests$4,110,081--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$65,696,920-▲ $5,550,598$2,991,471$67,428,144
2023$68,403,736-▲ $1,000,393$2,848,564$65,696,920
2022$62,832,742-▲ $9,122,565$2,683,503$68,403,736
2021$61,592,877-▲ $3,482,232$1,435,204$62,832,742
2020$61,004,441-▲ $3,158,843$1,789,627$61,592,877
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAUL D'AMBROSIOPresidentPT$204,750$30,576$235,326
Joseph SiracusaVice PresidentPT$101,010$17,709$118,719

Board Members and Trustees

NameTitle
Jane Forbes ClarkDirector, Chairman
Michael MoffatDirector Vice Chairman
Brent RidgeDirector
David BlissDirector
Douglas ThompsonDirector
Gates HawnDirector
Henry WeilDirector
James PatrickDirector
Jeffrey H PressmanDirector
John F LambertDirector
Josh Kilmer-purcellDirector
Kevin MooreDirector
Stephen M DuffDirector
Andrew MariettaSecretary
Anthony J FasanoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Clark Estates INCManagement FeesONE ROCKEFELLER PLAZA 31ST FLOOR, New York, NY 10020$712,451
Rose & KiernanEmployee Insurance99 TROY RD SUITE 300, East Greenbush, NY 12061$386,329
New England Holiday Lights CoEvent Contracted Services209 WEST RIVER ROAD UNIT 5, Hooksett, NH 03106$231,947
Paperkite Creative LLCEvent Contracted Services175 MAIN STREET, Cooperstown, NY 13326$157,412
Fw Dennis RoofingRoofing ProjectsPO BOX 586, Port Byron, NY 13140$105,850
Revenue and Support

Revenue Composition

Contributions and Grants
$912,029
Program Service Revenue
$921,975
Investment Income
$5,550,598
Other Revenue
$0
All Other Contributions
$708,916
Change in Net Assets
$1,543,808

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Art Historical Treasures$555Expert Opinion
Total Noncash Contributions$555-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,384,047
Revenue Not Reported on Financial Statements
$555
Revenue Not Reported on Form 990
$1,421,785
Other Revenue Adjustments
$555
Total Revenue per Audited Statements
$8,805,832
Total Revenue per Form 990
$7,384,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,114,850
Other Expenses$2,725,944
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$886,365$1,076,644-$1,963,009
Fees for Services Management-$712,451-$712,451
Other Employee Benefits$285,041$331,839-$616,880
All Other Expenses$194,377$254,429-$448,806
Current Officers, Directors, Trustees, and Key Employees-$323,470-$323,470
Depreciation Depletion-$267,619-$267,619
Pension Plan Contributions$36,081$175,410-$211,491
Advertising-$183,243-$183,243
Insurance$1,624$175,239-$176,863
Other Expenses$0$91,147-$91,147
Fees for Services Other$3,300$18,059-$21,359
Travel$8,969$8,636-$17,605
Total Functional Expenses$1,646,444$4,194,350$0$5,840,794

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,840,794
Total Expenses per Audited Statements$5,840,794
Total Expenses per Form 990$5,840,794
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-THE ENTITY DOING BUSINESS WITH THE ORG. IS >35% CONTROLLED BY A DIRECTORInvestment and Management FeesNo$712,451
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Directors and officers are officers of other entities together”

Form 990, Part VI, Section A, Line 6

“MEMBERS”

Form 990, Part VI, Section A, Line 7A

“Governing members elect directors”

Form 990, Part VI, Section B, Line 11B

“All directors received a copy of form 990 before it was filed.”

Form 990, Part VI, Section B, Line 12C

“Directors abstain from voting if a conflict arises”

Form 990, Part VI, Section B, Line 15

“Officers salary approved by compensation committee of the board.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
The Farmers Museum Inc
EIN
15-0547367
Phone
2129776900
Address
ONE ROCKEFELLER PLAZA 31ST FL, NEW YORK, NY 10020-2102
Doing Business As
Fenimore Farm and Country Village

Signing Officer

Name
Anthony J Fasano
Title
Treasurer
Phone
2129776900
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
PAUL D'AMBROSIO
Formed
1941
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
9
Employees
143
Volunteers
52

Preparer

Firm
The Clark Estates Inc
Address
ONE ROCKEFELLER PLAZA 31ST FLOOR, NEW YORK, NY 10020
Preparer
Allen Friedman
Phone
2129776900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Collection items purchased -16,586. Noncash contriubtions -555.”

Financial Statement Notes

PART III, LINE 1A:

“In conformity with the practice followed by many museums, art objects and library books purchased or donated are not included in the balance sheet.”

PART III, LINE 4:

“Collections consist of historical buildings and antique equipment to depict rural culture and heritage.”

PART X, LINE 2:

“The museum recognizes income tax positions when it is more likely than not that the position will be sustainable based on the merits of the position. Management has concluded that there are no material tax liabilities that need to be recorded.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Non-cash contributions 555.”

Raw XML AppendixShowing 400 of 703 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1420202
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0JANE FORBES CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm1KEVIN MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm2GATES HAWN
IRS990/Form990PartVIISectionAGrp/PersonNm3HENRY WEIL
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID BLISS
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL MOFFAT
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN F LAMBERT
IRS990/Form990PartVIISectionAGrp/PersonNm7STEPHEN M DUFF
IRS990/Form990PartVIISectionAGrp/PersonNm8JOSH KILMER-PURCELL
IRS990/Form990PartVIISectionAGrp/PersonNm9BRENT RIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm10DOUGLAS THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm11JEFFREY H PRESSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12JAMES PATRICK
IRS990/Form990PartVIISectionAGrp/PersonNm13PAUL D'AMBROSIO
IRS990/Form990PartVIISectionAGrp/PersonNm14JOSEPH SIRACUSA
IRS990/Form990PartVIISectionAGrp/PersonNm15ANTHONY J FASANO
IRS990/Form990PartVIISectionAGrp/PersonNm16ANDREW MARIETTA
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR, CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
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IRS990/Form990TFiledInd01
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0CULTIVATING AN UNDERSTANDING OF THE RURAL HERITAGE THAT HAS SHAPED OUR LAND, COMMUNITIES AND AMERICAN CULTURE.
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0152500
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION-NEW YORK HISTORY STUDIES
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IRS990/ProgSrvcAccomActyOtherGrp/Desc2AUXILIARY ACTIVITIES
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt021827996
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE ORGANIZATION MEETS THE 10% FACTS AND CIRCUMSTANCES TEST BY OPERATING A HISTORY MUSEUM THAT IS OPEN TO THE GENERAL PUBLIC.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0912029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0775351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0727764
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0973584
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0773418

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