AArts, Culture & HumanitiesEIN: 222597014· Ruling Year: 1985

Firstworks

Providence, Rhode Island

BHealth Score
62B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.28×
Peer Median210.95×
💰
$1.3M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$357K
Net Assets
📋
$520K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-35.8%
Year-over-year change (2022 → 2023)
Net Margin
+0.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.28
Net assets divided by total expenses
Liabilities-to-Assets
59.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,285,97036%$1,273,78231%$876,5415%
2022$2,002,77782%$1,844,93894%$834,5719%
2021$1,099,37926%$949,4388%$765,71268%
2020$875,74942%$878,69841%$455,59833%
2019$1,503,0238%$1,489,0737%$342,171
2018$1,396,9136%$1,388,0916%$341,27733%
2017$1,323,5604%$1,303,6694%$257,30317%
2016$1,271,222$1,354,22510%$219,44428%
2015$1,271,61048%$1,232,98944%$303,106113%
2014$856,8599%$855,7209%$142,56029%
2013$786,26215%$783,7471%$200,1035%
2012$685,86010%$774,1232%$211,14842%
2011$766,003$759,653$148,624

Frequently Asked Questions

What does Firstworks do?

Firstworks is a arts, culture & humanities nonprofit organization based in Rhode Island. It is classified under NTEE code A200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Firstworks financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Firstworks.

How much revenue does Firstworks generate?

Firstworks reports $1.8M in annual revenue and holds $844K in total assets, based on IRS filings.

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Firstworks — Providence, RI | GiveScope