Worcester Art Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,191,202 | 9,966,876 | −775,674 | 116.6 | 40% |
| 2012 | 6,997,150 | 9,530,207 | −2,533,057 | 120.8 | 47% |
| 2013 | 12,625,343 | 9,742,090 | 2,883,253 | 127.2 | 44% |
| 2014 | 15,983,079 | 10,445,545 | 5,537,534 | 133.6 | 43% |
| 2015 | 11,601,549 | 10,683,003 | 918,546 | 123.3 | 45% |
| 2016 | 16,774,675 | 12,798,728 | 3,975,947 | 100.0 | 39% |
| 2017 | 12,443,468 | 10,758,445 | 1,685,023 | 127.4 | 42% |
| 2018 | 9,695,254 | 11,907,771 | −2,212,517 | 115.4 | 35% |
| 2019 | 12,094,221 | 11,595,027 | 499,194 | 119.1 | 40% |
| 2020 | 14,218,029 | 10,943,570 | 3,274,459 | 136.0 | 43% |
| 2021 | 12,612,883 | 10,801,769 | 1,811,114 | 164.7 | 44% |
| 2022 | 30,005,812 | 11,932,604 | 18,073,208 | 146.9 | 43% |
| 2023 | 15,255,766 | 12,757,918 | 2,497,848 | 146.3 | 44% |
In its most recent public year (2023), this organization brought in $2,497,848 more than it spent. Its reserves stood at about 146.3 months of spending, up from 116.6 in 2011. Staff pay was 44% of spending. $122,733,422 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Worcester Art Museum's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works