AArts, Culture & HumanitiesEIN: 050521735· Ruling Year: 2002

Worcester Center For Performing Arts Inc

Worcester, 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 25 peers in Arts, Culture & Humanities with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.52×
Peer Median4.61×
💰
$12.6M
Total Revenue
📊
$12.1M
Total Expenses
🏦
$6.3M
Net Assets
📋
$3.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.1%
Year-over-year change (2022 → 2023)
Net Margin
+4.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.52
Net assets divided by total expenses
Liabilities-to-Assets
37.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$12,615,5658%$12,116,81614%$10,134,8445%
2022$13,725,29784%$10,668,581204%$9,691,7942%
2021$7,443,48712%$3,504,55860%$9,482,03489%
2020$8,461,28430%$8,678,27216%$5,017,61319%
2019$12,063,5661%$10,297,7222%$4,209,02017%
2018$12,165,75217%$10,525,1619%$5,082,54520%
2017$10,386,41116%$9,692,52919%$4,230,99013%
2016$8,961,35517%$8,165,5042%$3,750,97028%
2015$10,755,1457%$7,989,80615%$5,220,92977%
2014$10,009,4724%$9,364,9167%$22,687,3972%
2013$9,656,799$8,789,22323%$22,227,8285%
2012$9,628,562$7,128,798$21,165,202

Frequently Asked Questions

What does Worcester Center For Performing Arts Inc do?

Worcester Center For Performing Arts Inc is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Worcester Center For Performing Arts Inc financially healthy?

Based on our 9-metric Financial Health Score model, Worcester Center For Performing Arts Inc 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 Worcester Center For Performing Arts Inc generate?

Worcester Center For Performing Arts Inc reports $15.3M in annual revenue and holds $11.7M in total assets, based on IRS filings.

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