Worcester Cultural Coalition Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 986,692 | 83,497 | 903,195 | 169.5 | 0% |
| 2018 | 94,233 | 161,438 | −67,205 | 82.7 | 0% |
| 2019 | 737,717 | 229,555 | 508,162 | 84.7 | 9% |
| 2020 | 2,136,720 | 288,494 | 1,848,226 | 144.3 | 0% |
| 2021 | 209,180 | 404,481 | −195,301 | 97.1 | 0% |
| 2022 | 456,029 | 644,537 | −188,508 | 57.4 | 0% |
| 2023 | 722,979 | 926,594 | −203,615 | 37.1 | 0% |
In its most recent public year (2023), this organization spent $203,615 more than it brought in. Its reserves stood at about 37.1 months of spending, down from 169.5 in 2017. Staff pay was 0% of spending. $248,546 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 Cultural Coalition 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