Civic Intelligence

Worcester Art Museum

990 • Fiscal year 2011 • EIN 04-1988530

Sep 01, 2010 to Aug 31, 2011 • Filed on Jul 02, 2012

55 Salisbury Street01608
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.05x

Higher debt load relative to assets than 14% of similar nonprofits.

2011 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

47th percentile

4.2%

Faster asset growth than 47% of similar nonprofits.

2011 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$101,639,248

Up $4,058,045 (+4.2%) from 2010

Net Assets

Up

$96,867,275

Up $3,266,770 (+3.5%) from 2010

Liabilities

Up

$4,771,973

Up $791,275 (+20%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$9,966,876

Up $1,664,910 (+20%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2010: $97,581,203Liabilities 2010: $3,980,698Net Assets 2010: $93,600,5052010Assets 2011: $101,639,248Liabilities 2011: $4,771,973Net Assets 2011: $96,867,2752011Assets 2012: $99,941,321Liabilities 2012: $4,005,669Net Assets 2012: $95,935,6522012Assets 2013: $107,108,667Liabilities 2013: $3,823,051Net Assets 2013: $103,285,6162013Assets 2014: $120,230,073Liabilities 2014: $3,893,588Net Assets 2014: $116,336,4852014Assets 2015: $113,660,456Liabilities 2015: $3,878,536Net Assets 2015: $109,781,9202015Assets 2016: $110,495,075Liabilities 2016: $3,876,050Net Assets 2016: $106,619,0252016Assets 2017: $117,756,350Liabilities 2017: $3,528,981Net Assets 2017: $114,227,3692017Assets 2018: $117,969,948Liabilities 2018: $3,449,662Net Assets 2018: $114,520,2862018Assets 2019: $118,315,915Liabilities 2019: $3,243,653Net Assets 2019: $115,072,2622019Assets 2020: $126,139,255Liabilities 2020: $2,074,071Net Assets 2020: $124,065,1842020Assets 2021: $149,637,696Liabilities 2021: $1,364,917Net Assets 2021: $148,272,7792021Assets 2022: $148,643,203Liabilities 2022: $2,598,346Net Assets 2022: $146,044,8572022Assets 2023: $158,424,796Liabilities 2023: $2,898,660Net Assets 2023: $155,526,1362023Assets 2024: $181,246,202Liabilities 2024: $3,168,292Net Assets 2024: $178,077,9102024

Highlighted filing

2011

Assets$101,639,248
Liabilities$4,771,973
Net Assets$96,867,275

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2010: $8,301,9662010Expenses 2011: $9,966,8762011Expenses 2012: $9,530,2072012Revenue 2013: $12,625,343Expenses 2013: $9,742,090Net Income 2013: $2,883,2532013Revenue 2014: $15,983,079Expenses 2014: $10,445,545Net Income 2014: $5,537,5342014Revenue 2015: $11,601,549Expenses 2015: $10,683,003Net Income 2015: $918,5462015Revenue 2016: $16,774,675Expenses 2016: $12,798,728Net Income 2016: $3,975,9472016Revenue 2017: $12,443,468Expenses 2017: $10,758,445Net Income 2017: $1,685,0232017Revenue 2018: $9,695,254Expenses 2018: $11,907,771Net Income 2018: -$2,212,5172018Revenue 2019: $12,094,221Expenses 2019: $11,595,027Net Income 2019: $499,1942019Revenue 2020: $14,218,029Expenses 2020: $10,943,570Net Income 2020: $3,274,4592020Revenue 2021: $12,612,883Expenses 2021: $10,801,769Net Income 2021: $1,811,1142021Revenue 2022: $30,005,812Expenses 2022: $11,932,604Net Income 2022: $18,073,2082022Revenue 2023: $15,255,766Expenses 2023: $12,757,918Net Income 2023: $2,497,8482023Revenue 2024: $39,935,868Expenses 2024: $14,377,908Net Income 2024: $25,557,9602024

Highlighted filing

2011

Revenue-
Expenses$9,966,876
Net Income-
Jump To
Filing Snapshot
Filing Period
Sep 1, 2010 to Aug 31, 2011
Signed
Jul 2, 2012
Return Version
2010v3.4
Gross Receipts
$41,846,825
Mission and Program Overview

Mission

To connect people, communities, and cultures through experience of art. Collect the most significant works of art available in an effort to shape the quality/scope of the permanent collection while adhering to the institution's acquisitions & deaccessions policies.care for/preserve collections & works on loan by maintaining a responsible collections management policy & an active in-house conservation program. Exhibit the permanent collection,organize/lend to special exhibitions & bring traveling exhibitions to the public. Interpret the collections & works on loan for a broad public through research,publications & related educational programs.maintain an art library & an educational program that promotes an understanding of art & an active participation in the making of art. Maintain fiscally responsible actions & public accountability for ongoing operations & preservation/growth of the museum & its collections.

Major Activities

Activity 2
Education - educational program for various groups to enhance the appreciation and knowledge of the general public in all areas of art.
Activity 3
Publication program - publishes various books and catalogs on the collections of the museum.
Filing and Contact Details

Filer

EIN
04-1988530
Raw XML AppendixShowing 400 of 729 raw XML fields

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IRS990/MissionDescription0COLLECT THE MOST SIGNIFICANT WORKS OF ART AVAILABLE IN AN EFFORT TO SHAPE THE QUALITY/SCOPE OF THE PERMANENT COLLECTION WHILE ADHERING TO THE INSTITUTION'S ACQUISITIONS & DEACCESSIONS POLICIES. CARE FOR/PRESERVE COLLECTIONS & WORKS ON LOAN BY MAINTAINING A RESPONSIBLE COLLECTIONS MANAGEMENT POLICY & AN ACTIVE IN-HOUSE CONSERVATION PROGRAM. EXHIBIT THE PERMANENT COLLECTION,ORGANIZE/LEND TO SPECIAL EXHIBITIONS & BRING TRAVELING EXHIBITIONS TO THE PUBLIC. INTERPRET THE COLLECTIONS & WORKS ON LOAN FOR A BROAD PUBLIC THROUGH RESEARCH,PUBLICATIONS & RELATED EDUCATIONAL PROGRAMS.MAINTAIN AN ART LIBRARY & AN EDUCATIONAL PROGRAM THAT PROMOTES AN UNDERSTANDING OF ART & AN ACTIVE PARTICIPATION IN THE MAKING OF ART.MAINTAIN FISCALLY RESPONSIBLE ACTIONS & PUBLIC ACCOUNTABILITY FOR ONGOING OPERATIONS & PRESERVATION/GROWTH OF THE MUSEUM & ITS COLLECTIONS. PROMOTE/ENCOURAGE A BROAD BASE OF INVOLVED & COMMITTED CONSTITUENTS TO SUPPORT THE MUSEUM'S MISSION,FISCAL WELL BEING & ACHIEVEMENT OF ITS GOALS.
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IRS990/NetAssetsOrFundBalancesBOY093600505
IRS990/NetAssetsOrFundBalancesEOY096867275
IRS990/NetGainOrLossInvestments/ExclusionAmount02975908
IRS990/NetGainOrLossInvestments/RelatedOrExemptFunctionIncome0-16341
IRS990/NetGainOrLossInvestments/TotalRevenueColumn02959567
IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount0-13444
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn0-13444
IRS990/NetIncomeOrLoss/RelatedOrExemptFunctionIncome0294634
IRS990/NetIncomeOrLoss/TotalRevenueColumn0294634
IRS990/NetRentalIncomeOrLoss/ExclusionAmount032198
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn032198
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096045
IRS990/NumberIndependentVotingMembers017
IRS990/NumberIndividualsGT100K02
IRS990/NumberOfContractorsGT100K03
IRS990/NumberOfEmployees0252
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ProgramServices0432973
IRS990/Occupancy/Total0432973
IRS990/OfficeExpenses/Fundraising06858
IRS990/OfficeExpenses/ManagementAndGeneral063148
IRS990/OfficeExpenses/ProgramServices0211803
IRS990/OfficeExpenses/Total0281809
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherEmployeeBenefits/Fundraising063887
IRS990/OtherEmployeeBenefits/ManagementAndGeneral0163829
IRS990/OtherEmployeeBenefits/ProgramServices0652529
IRS990/OtherEmployeeBenefits/Total0880245
IRS990/OtherExpensePriorYear03550118
IRS990/OtherExpensesCurrentYear04992766
IRS990/OtherExpenses/Description0ACQUISITIONS
IRS990/OtherExpenses/Description1CONTRACT SERVICES
IRS990/OtherExpenses/Description2DIRECT RESTAURANT & SHO
IRS990/OtherExpenses/Description3REPAIRS AND MAINTENANCE
IRS990/OtherExpenses/Description4MINOR EQUIPMENT
IRS990/OtherExpenses/Fundraising0749
IRS990/OtherExpenses/Fundraising116796
IRS990/OtherExpenses/ManagementAndGeneral0375038
IRS990/OtherExpenses/ManagementAndGeneral126271
IRS990/OtherExpenses/ManagementAndGeneral220166
IRS990/OtherExpenses/ProgramServices01260254
IRS990/OtherExpenses/ProgramServices1265775
IRS990/OtherExpenses/ProgramServices2425202
IRS990/OtherExpenses/ProgramServices3305187
IRS990/OtherExpenses/ProgramServices478838
IRS990/OtherExpenses/Total01260254
IRS990/OtherExpenses/Total1641562
IRS990/OtherExpenses/Total2425202
IRS990/OtherExpenses/Total3348254
IRS990/OtherExpenses/Total499004
IRS990/OtherRevenueCurrentYear0313388
IRS990/OtherRevenuePriorYear0-117113
IRS990/OtherSalariesAndWages/Fundraising0279786
IRS990/OtherSalariesAndWages/ManagementAndGeneral0718383
IRS990/OtherSalariesAndWages/ProgramServices02778108
IRS990/OtherSalariesAndWages/Total03776277
IRS990/OtherWebsite0X
IRS990/PartialLiquidation00
IRS990/PermanentlyRestrictedNetAssets/BOY037671350
IRS990/PermanentlyRestrictedNetAssets/EOY037817493
IRS990/PledgesAndGrantsReceivable/BOY03065981

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$181$3.17$178$39.9$14.4$25.6
2023Detailed filing. Detailed filing data is available for this year.$158$2.90$156$15.3$12.8$2.50
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$149$2.60$146$30.0$11.9$18.1
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$150$1.36$148$12.6$10.8$1.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$126$2.07$124$14.2$10.9$3.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$3.24$115$12.1$11.6$0.50
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$3.45$115$9.70$11.9$2.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$3.53$114$12.4$10.8$1.69
2016Detailed filing. Detailed filing data is available for this year.$110$3.88$107$16.8$12.8$3.98
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$114$3.88$110$11.6$10.7$0.92
2014Detailed filing. Detailed filing data is available for this year.$120$3.89$116$16.0$10.4$5.54
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$107$3.82$103$12.6$9.74$2.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$99.9$4.01$95.9$9.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$102$4.77$96.9$9.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$97.6$3.98$93.6$8.30