Music Worcester Inc
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 2 peers in Arts, Culture & Humanities with $1M-$10M 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 | $2,726,328↓51% | $1,752,795↑26% | $12,785,783↑16% | — |
| 2022 | $5,579,210↑320% | $1,387,557↑94% | $11,019,858↑30% | — |
| 2021 | $1,328,260↓3% | $713,675↓29% | $8,446,755↑32% | — |
| 2020 | $1,367,436↓55% | $1,009,999↓39% | $6,391,261↑5% | — |
| 2019 | $3,038,621↑95% | $1,667,169↑51% | $6,058,456↑34% | — |
| 2018 | $1,554,700↑20% | $1,101,757↑11% | $4,532,143↑13% | — |
| 2017 | $1,295,501↑24% | $996,190↑6% | $4,020,096↑17% | — |
| 2016 | $1,048,107↑10% | $940,119↑9% | $3,447,092↑1% | — |
| 2015 | $956,215↓22% | $859,436↑3% | $3,412,822↑3% | — |
| 2014 | $1,233,564↑25% | $838,286↑1% | $3,308,517↑23% | — |
| 2013 | $984,927↑37% | $832,254↑8% | $2,686,934↑13% | — |
| 2012 | $721,282↓5% | $767,228↑8% | $2,374,785↓3% | — |
| 2011 | $761,024 | $711,202 | $2,445,668 | — |
Frequently Asked Questions
What does Music Worcester Inc do?▼
Music Worcester Inc is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A610 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Music Worcester Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Music Worcester Inc has a score of 82/100 (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 Music Worcester Inc generate?▼
Music Worcester Inc reports $2.0M in annual revenue and holds $14.3M in total assets, based on IRS filings.
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