A โ€” Arts, Culture & HumanitiesEIN: 871500559ยท Ruling Year: 2021

Westfield Arts Collective

Westfield, New Jersey

B-Health Score
50B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$326K
Total Revenue
๐Ÿ“Š
$356K
Total Expenses
๐Ÿฆ
$5.0M
Net Assets
๐Ÿ“‹
$4.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+81.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-9.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
14.14
Net assets divided by total expenses
Liabilities-to-Assets
44.5%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$326,236โ†‘82%$356,457โ†‘44%$9,087,161
2022$179,610โ†“96%$247,624โ†‘556%$9,048,171โ†‘79%
2021$5,094,670$37,740$5,064,114

Frequently Asked Questions

What does Westfield Arts Collective do?โ–ผ

Westfield Arts Collective is a arts, culture & humanities nonprofit organization based in New Jersey. It is classified under NTEE code A20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Westfield Arts Collective financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Westfield Arts Collective has a score of 50/100 (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 Westfield Arts Collective generate?โ–ผ

Westfield Arts Collective reports $458K in annual revenue and holds $8.9M in total assets, based on IRS filings.

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Westfield Arts Collective โ€” Westfield, NJ | GiveScope