Financial Information for Worcester Art Museum

Worcester Art Museum's annual revenue was $22.3M in tax year 2024, reported on their IRS Form 990. They spent $16.5M in total expenses. 76% went to programs and services.

Financial Breakdown

What is Worcester Art Museum's total annual expenses?

Worcester Art Museum spent $16.5M in tax year 2024, according to their IRS Form 990 filing.

How much of Worcester Art Museum's budget goes to programs?

Worcester Art Museum spent $12.4M (76% of expenses) on programs and services in tax year 2024.

How much does Worcester Art Museum spend on overhead?

Worcester Art Museum's overhead in tax year 2024 includes administrative (17%) and fundraising (7%) of their expenses.

What is Worcester Art Museum's net worth?

Worcester Art Museum had net assets of $194.6M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.