AArts, Culture & HumanitiesEIN: 046111758· Ruling Year: 1948

Fitchburg Art Museum

Fitchburg, Massachusetts

B+Health Score
71B+

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 Org11.77×
Peer Median210.95×
💰
$1.6M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$24.6M
Net Assets
📋
$50K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.7%
Year-over-year change (2023 → 2024)
Net Margin
-26.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.77
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$1,645,9528%$2,089,20911%$24,647,1595%
2023$1,528,64361%$1,888,1585%$23,572,1825%
2022$3,920,40032%$1,983,07717%$22,486,01912%
2021$5,731,661253%$1,700,1725%$25,526,36718%
2020$1,625,80252%$1,625,2916%$21,658,346
2019$3,368,080244%$1,736,18116%$21,748,967
2018$980,42919%$1,498,3414%$21,734,1421%
2017$1,210,806258%$1,442,3681%$21,450,0204%
2016$338,08589%$1,433,8275%$20,536,9355%
2015$3,086,190177%$1,362,8422%$21,629,4622%
2014$1,113,10134%$1,334,30914%$22,145,5459%
2013$1,674,32223%$1,171,32120%$20,240,9354%
2012$1,357,879$979,011$19,495,185

Frequently Asked Questions

What does Fitchburg Art Museum do?

Fitchburg Art Museum is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A510 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Fitchburg Art Museum financially healthy?

Based on our 9-metric Financial Health Score model, Fitchburg Art Museum has a score of 71/100 (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 Fitchburg Art Museum generate?

Fitchburg Art Museum reports $2.4M in annual revenue and holds $25.9M in total assets, based on IRS filings.

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