AArts, Culture & HumanitiesEIN: 862407296· Ruling Year: 2021

New Bedford Light

New Bedford, Massachusetts

A-Health Score
80A-

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)

This Org0.95×
Peer Median210.95×
💰
$2.0M
Total Revenue
📊
$1.7M
Total Expenses
🏦
$1.6M
Net Assets
📋
$50K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+27.9%
Year-over-year change (2022 → 2023)
Net Margin
+16.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.95
Net assets divided by total expenses
Liabilities-to-Assets
3.1%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$1,997,30728%$1,672,05348%$1,639,26926%
2022$1,562,11157%$1,132,041261%$1,301,99791%
2021$993,896$313,326$680,570

Frequently Asked Questions

What does New Bedford Light do?

New Bedford Light is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A33 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Bedford Light financially healthy?

Based on our 9-metric Financial Health Score model, New Bedford Light has a score of 80/100 (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 New Bedford Light generate?

New Bedford Light reports $2.0M in annual revenue and holds $1.8M in total assets, based on IRS filings.

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New Bedford Light — New Bedford, MA | GiveScope