Worcester Art Museum
Worcester, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $15,255,766↓49% | $12,757,918↑7% | $158,424,796↑7% | |
| 2022 | $30,005,812↑138% | $11,932,604↑10% | $148,643,203↓1% | — |
| 2021 | $12,612,883↓11% | $10,801,769↓1% | $149,637,696↑19% | — |
| 2020 | $14,218,029↑18% | $10,943,570↓6% | $126,139,255↑7% | — |
| 2019 | $12,094,221↑25% | $11,595,027↓3% | $118,315,915 | — |
| 2018 | $9,695,254↓22% | $11,907,771↑11% | $117,969,948 | — |
| 2017 | $12,443,468↓26% | $10,758,445↓16% | $117,756,350↑7% | — |
| 2016 | $16,774,675↑45% | $12,798,728↑20% | $110,495,075↓3% | — |
| 2015 | $11,601,549↓27% | $10,683,003↑2% | $113,660,456↓5% | — |
| 2014 | $15,983,079↑27% | $10,445,545↑7% | $120,230,073↑12% | — |
| 2013 | $12,625,343↑80% | $9,742,090↑2% | $107,108,667↑7% | — |
| 2012 | $6,997,150↓24% | $9,530,207↓4% | $99,941,321↓2% | — |
| 2011 | $9,191,202 | $9,966,876 | $101,639,248 | — |
Frequently Asked Questions
What does Worcester Art Museum do?▼
Worcester Art Museum is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A510 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Worcester Art Museum financially healthy?▼
Based on our 9-metric Financial Health Score model, Worcester Art Museum has a score of 84/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Worcester Art Museum generate?▼
Worcester Art Museum reports $39.9M in annual revenue and holds $181.2M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Arts, Culture & Humanities category, or browse all nonprofits in Massachusetts.