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Massachusetts · Nonprofit

THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC

THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC (Massachusetts) receives grants from 33 organizations whose IRS filings report $16,669,209 to it, the largest being THE ERIC AND BARBARA CARLE FOUNDATION INC ($15,177,236). 24 of them have funded it in more than one year.

Revenue FY2025
$6.6M
Funders on record
33
Grants received
$17M
Net assets
$20M
24/33 repeat funderspeak grant-dependency 67%
01What it does

What The Eric Carle Museum of Picture Book Art Inc does

Mission

The eric carle museum of picture book art is the international champion of picture book art. The carle houses a rich and deep collection of art of more than 20,000 works of art from more than 300 picture book artists, including eric carle (the very hungry caterpillar), and illuminates its collection through exhibitions, education, programming, and art-making - making it a critical resource for picture book artists and authors, and art-loving communities locally, nationally, and abroad. The carle's mission is to elevate picture book art and inspire a love of art and art creation.

As stated on its FY2025 Form 990.

Program

  1. 1. The carle organized six original art exhibitions in amherst and toured five exhibitions to museums in the u.s. And abroad, reaching almost half a million people. 2. The museum's art studio provided hands-on art-making activities to all of our visitors (on a drop-in basis) whenever the museum was open; it also offered dozens of specialized workshops, including professional development for educators, throughout the year. 3. The museum hosted picture book artists and authors for story times, lectures, art demonstrations, and book signings so visitors can learn about how books are made and meet their creators.

    $3,963,259 spent$297,598 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,963,259.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.6M) Expenses 100 ($3.2M) Net assets 100 ($14M)2018 Revenue 122 ($3.1M) Expenses 104 ($3.3M) Net assets 99 ($14M)2019 Revenue 116 ($3.0M) Expenses 109 ($3.5M) Net assets 96 ($13M)2020 Revenue 109 ($2.8M) Expenses 114 ($3.6M) Net assets 90 ($12M)2021 Revenue 224 ($5.7M) Expenses 108 ($3.4M) Net assets 106 ($15M)2022 Revenue 170 ($4.4M) Expenses 119 ($3.8M) Net assets 111 ($15M)2023 Revenue 154 ($4.0M) Expenses 141 ($4.5M) Net assets 109 ($15M)2024 Revenue 311 ($8.0M) Expenses 170 ($5.4M) Net assets 132 ($18M)2025 Revenue 259 ($6.6M) Expenses 171 ($5.4M) Net assets 147 ($20M)
'17'18'19'20'21'22'23'24'25
Revenue (259)Expenses (171)Net assets (147)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $16M to $19M (+21%).

$14M
$14M
$13M
$13M
$15M
$16M
$16M
$19M
$21M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 6% · 2022 14% · 2023 4% · 2024 1% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.

83% of THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$619k
’17
−$188k
’18
−$498k
’19
−$846k
’20
$2.3M
’21
$591k
’22
−$545k
’23
$2.6M
’24
$1.2M
’25
1.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jennifer Schantz

Executive director

Board chair

William Gorth

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed171618141514172324
Joined·+2+4+0+2+2+4+11+11
No longer listed·324131510
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 10 funders to 17 funders, grant income rose $86k → $2.6M.

6 of 33 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC’s funders (the co-funder graph). Top 30 of 33 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC leans on a few funders — its largest provides 91% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

91%
largest funder
94%
top three
~1
effective funders

Largest funder’s share by year: 2017 29% · 2018 33% · 2019 89% · 2020 92% · 2021 92% · 2022 91% · 2023 92% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

64% of THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC's funders are still giving 3 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC draws 98% of its grant income from funders outside Massachusetts, across 11 states in all.

ME
MN
NY
MA
OH
PA
CT
CA
MD
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $317k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC runs a healthier operating margin than half of the 3,230 arts & culture nonprofits its size.

Operating margin18% · above the median
Months of reserve1.9mo · below the median
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Government funding THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.0M on record — $417k federal, $597k state.

Federal$417k
grants $417kcontracts $0
17
24
Top agencies
  • Institute of Museum and Library Services$417k
State$597k
17
18
19
20
21
22
23
24
25
Top programs
  • (PP) STATE AID/POL SUB$597k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

73% of spending goes to programs.

Program 73%Management 18%Fundraising 10%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

40%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC?
THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC (Massachusetts) receives grants from 33 organizations whose IRS filings report $16,669,209 to it, the largest being THE ERIC AND BARBARA CARLE FOUNDATION INC ($15,177,236). 24 of them have funded it in more than one year.
How many funders does THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC have?
IRS filings report 33 organizations giving $16,669,209 in grants to THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC, 24 of which have funded it in more than one year.
Who is the largest funder of THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC?
THE ERIC AND BARBARA CARLE FOUNDATION INC is the largest funder on record, with $15,177,236 in grants. The full list of funders is on this page.
How can an organization like THE ERIC CARLE MUSEUM OF PICTURE BOOK ART INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Eric Carle Museum of Picture Book Art →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 33 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing