Community Musicworks
Providence, Rhode Island
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 25 peers in Arts, Culture & Humanities with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,362,714↓67% | $6,262,968↑351% | $15,652,556↑6% | |
| 2022 | $7,099,115↑37% | $1,388,007↑8% | $14,725,810↑64% | — |
| 2021 | $5,168,401↑142% | $1,285,295↓4% | $8,955,313↑80% | — |
| 2020 | $2,139,320↓48% | $1,343,293↓1% | $4,961,937↑19% | — |
| 2019 | $4,088,741↑218% | $1,351,972↑13% | $4,187,053↑194% | — |
| 2018 | $1,283,960↓6% | $1,194,663↑9% | $1,424,685↑5% | — |
| 2017 | $1,362,173↑30% | $1,097,601↑7% | $1,355,543↑35% | — |
| 2016 | $1,048,973↓1% | $1,026,089↑3% | $1,003,256↓12% | — |
| 2015 | $1,057,902↑6% | $993,380↓1% | $1,140,808↑25% | — |
| 2014 | $997,404↑40% | $1,006,152↓1% | $916,200 | — |
| 2013 | $710,622↓41% | $1,012,512↑29% | $916,461↓23% | — |
| 2012 | $1,204,168↑50% | $782,621 | $1,189,296↑52% | — |
| 2011 | $801,026 | $782,486 | $781,149 | — |
Frequently Asked Questions
What does Community Musicworks do?▼
Community Musicworks is a arts, culture & humanities nonprofit organization based in Rhode Island. It is classified under NTEE code A6E and is registered as a 501(c) tax-exempt organization with the IRS.
Is Community Musicworks financially healthy?▼
Based on our 9-metric Financial Health Score model, Community Musicworks has a score of 65/100 (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 Community Musicworks generate?▼
Community Musicworks reports $13.3M in annual revenue and holds $24.9M in total assets, based on IRS filings.
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