AArts, Culture & HumanitiesEIN: 041988955· Ruling Year: 1945

Worcester County Mechanics Association

Worcester, Massachusetts

AHealth Score
86A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org3.86×
Peer Median210.95×
💰
$2.8M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$9.6M
Net Assets
📋
$213K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-10.2%
Year-over-year change (2022 → 2023)
Net Margin
+12.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.86
Net assets divided by total expenses
Liabilities-to-Assets
2.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,837,42810%$2,481,55629%$9,800,6058%
2022$3,158,410267%$1,930,93375%$9,068,6066%
2021$860,57835%$1,103,33043%$9,656,1539%
2020$1,326,34932%$1,946,18323%$8,884,9464%
2019$1,958,89127%$2,514,8679%$9,210,6236%
2018$2,696,885$2,774,2289%$9,818,1261%
2017$2,693,55654%$2,544,09211%$9,728,1943%
2016$1,750,38427%$2,288,5651%$9,446,6624%
2015$2,405,7032%$2,270,4825%$9,824,567
2014$2,351,73013%$2,168,1175%$9,794,6427%
2013$2,085,58111%$2,067,5683%$9,168,8041%
2012$1,878,58213%$2,015,7677%$9,123,1233%
2011$1,656,037$1,885,601$9,429,880

Frequently Asked Questions

What does Worcester County Mechanics Association do?

Worcester County Mechanics Association 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 Worcester County Mechanics Association financially healthy?

Based on our 9-metric Financial Health Score model, Worcester County Mechanics Association has a score of 86/100 (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 County Mechanics Association generate?

Worcester County Mechanics Association reports $2.7M in annual revenue and holds $10.8M in total assets, based on IRS filings.

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