AArts, Culture & HumanitiesEIN: 042105858· Ruling Year: 1944

Worcester Historical Museum

Worcester, Massachusetts

B+Health Score
74B+

Financial Health Score

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

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org8.93×
Peer Median210.95×
💰
$2.0M
Total Revenue
📊
$2.0M
Total Expenses
🏦
$18.2M
Net Assets
📋
$115K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-33.4%
Year-over-year change (2022 → 2023)
Net Margin
-0.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.93
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,022,28933%$2,033,6436%$18,267,0135%
2022$3,037,678137%$1,923,58919%$17,403,53211%
2021$1,279,5244%$1,622,6538%$19,635,66116%
2020$1,339,30168%$1,502,0554%$16,940,4643%
2019$4,133,68386%$1,565,02520%$17,546,05214%
2018$2,216,45325%$1,304,44513%$15,353,31513%
2017$1,778,516108%$1,155,4478%$13,609,63012%
2016$855,84172%$1,254,8173%$12,204,2186%
2015$3,081,43511%$1,220,2812%$13,004,11413%
2014$2,777,94238%$1,196,5954%$11,461,71921%
2013$2,008,733222%$1,241,8947%$9,490,06613%
2012$624,50754%$1,162,8963%$8,373,3789%
2011$1,347,377$1,203,647$9,162,901

Frequently Asked Questions

What does Worcester Historical Museum do?

Worcester Historical Museum is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A540 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Worcester Historical Museum financially healthy?

Based on our 9-metric Financial Health Score model, Worcester Historical Museum has a score of 74/100 (Grade: B+). 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 Historical Museum generate?

Worcester Historical Museum reports $2.1M in annual revenue and holds $19.7M in total assets, based on IRS filings.

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