A — Arts, Culture & HumanitiesEIN: 222597014· Ruling Year: 1985

Firstworks

Providence, Rhode Island

BHealth Score
62B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.28×
Peer Median210.95×
💰
$1.3M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$357K
Net Assets
📋
$520K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-35.8%
Year-over-year change (2022 → 2023)
Net Margin
+0.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.28
Net assets divided by total expenses
Liabilities-to-Assets
59.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,285,970↓36%$1,273,782↓31%$876,541↑5%
2022$2,002,777↑82%$1,844,938↑94%$834,571↑9%
2021$1,099,379↑26%$949,438↑8%$765,712↑68%
2020$875,749↓42%$878,698↓41%$455,598↑33%
2019$1,503,023↑8%$1,489,073↑7%$342,171
2018$1,396,913↑6%$1,388,091↑6%$341,277↑33%
2017$1,323,560↑4%$1,303,669↓4%$257,303↑17%
2016$1,271,222$1,354,225↑10%$219,444↓28%
2015$1,271,610↑48%$1,232,989↑44%$303,106↑113%
2014$856,859↑9%$855,720↑9%$142,560↓29%
2013$786,262↑15%$783,747↑1%$200,103↓5%
2012$685,860↓10%$774,123↑2%$211,148↑42%
2011$766,003$759,653$148,624

Frequently Asked Questions

What does Firstworks do?▼

Firstworks is a arts, culture & humanities nonprofit organization based in Rhode Island. It is classified under NTEE code A200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Firstworks financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Firstworks.

How much revenue does Firstworks generate?▼

Firstworks reports $1.5M in annual revenue and holds $573K in total assets, based on IRS filings.

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Firstworks — Providence, RI | GiveScope