Worcester Center For Crafts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 891,195 | 849,040 | 42,155 | 7.8 | 40% |
| 2013 | 951,166 | 598,226 | 352,940 | 18.2 | 0% |
| 2014 | 1,004,643 | 634,718 | 369,925 | 24.1 | 0% |
| 2015 | 731,179 | 681,748 | 49,431 | 23.3 | 57% |
| 2016 | 809,738 | 758,782 | 50,956 | 21.8 | 57% |
| 2017 | 824,775 | 797,744 | 27,031 | 21.4 | 56% |
| 2018 | 1,049,411 | 777,765 | 271,646 | 26.3 | 61% |
| 2019 | 968,155 | 774,953 | 193,202 | 29.5 | 67% |
| 2020 | 646,965 | 667,177 | −20,212 | 34.0 | 71% |
| 2021 | 780,415 | 623,902 | 156,513 | 41.7 | 77% |
| 2022 | 994,127 | 821,011 | 173,116 | 32.0 | 77% |
| 2023 | 1,247,339 | 850,275 | 397,064 | 37.7 | 38% |
In its most recent public year (2023), this organization brought in $397,064 more than it spent. Its reserves stood at about 37.7 months of spending, up from 7.8 in 2012. Staff pay was 38% of spending. $536,498 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 Center For Crafts Inc'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