Worcester Center For Performing Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 9,628,562 | 7,128,798 | 2,499,764 | 31.7 | 52% |
| 2013 | 9,656,799 | 8,789,223 | 867,576 | 26.9 | 55% |
| 2014 | 10,009,472 | 9,364,916 | 644,556 | 26.1 | 59% |
| 2015 | 10,755,145 | 7,989,806 | 2,765,339 | 3.9 | 55% |
| 2016 | 8,961,355 | 8,165,504 | 795,851 | 1.6 | 58% |
| 2017 | 10,386,411 | 9,692,529 | 693,882 | 0.4 | 24% |
| 2018 | 12,165,752 | 10,525,161 | 1,640,591 | 1.7 | 26% |
| 2019 | 12,063,566 | 10,297,722 | 1,765,844 | 2.1 | 29% |
| 2020 | 8,461,284 | 8,678,272 | −216,988 | 0.9 | 35% |
| 2021 | 7,443,487 | 3,504,558 | 3,938,929 | 15.7 | 54% |
| 2022 | 13,725,297 | 10,668,581 | 3,056,716 | 6.4 | 52% |
| 2023 | 12,615,565 | 12,116,816 | 498,749 | 6.3 | 51% |
In its most recent public year (2023), this organization brought in $498,749 more than it spent. Its reserves stood at about 6.3 months of spending, down from 31.7 in 2012. Staff pay was 51% of spending. $2,534,103 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 Performing Arts 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