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Worcester Art Museum

Worcester, MA · EIN 04-1988530 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

Worcester Art Museum reported $22.3 million in revenue and $16.5 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $75.65 went to program services, $17.30 to management and general costs and $7.05 to fundraising. Its largest source of revenue was contributions and grants: 77.9% of the total. The highest compensation it reported for one person was $387,056 (EXECUTIVE DIRECTOR). 5 people received more than $100,000 in reportable compensation. Revenue rose 57% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $22M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
75.7%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
17.3%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
7.0%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
77.9%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
1.7%1.7%
Program service revenue share
Part VIII 2g ÷ 12
8.0%20.8%
Highest reported compensation
Part VII-A, columns D–F
$387,056$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.35%2.03%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
141.936.6
Independent voting board members
Part VI 1a–1b
22 of 22100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$9.3M expenses · 74.4% of program spending · grants $111K · revenue $1.4M

Curatorial conservation & library - collect and display works of art to the general public and to provide a library for research and information

$1.3M expenses · 10.3% of program spending · revenue $388K

Education - educational program for various groups to enhance the appreciation and knowledge of the general public in all areas of art

$1.9M expenses · 15.3% of program spending

Publication program - publication of various books and catalogs on the collections of the museum

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 37.50 hrs/week
$355,737$0$31,319$387,056
CHIEF ADVANCEMENT OFFICER
Highest compensated employee, 37.50 hrs/week
$192,954$0$25,542$218,496
CHIEF FINANCIAL OFFICER
Officer, 37.50 hrs/week
$155,533$0$12,912$168,445

5 people received more than $100,000 in reportable compensation from Worcester Art Museum (Part VII, line 2). Compensation of current officers, directors and key employees totaled $698K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$22M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$22M$16M75.7%$195M$387,056
FY2024 ⓘ$40M$14M74.2%$178M$358,035
FY2023 ⓘ$15M$13M68.1%$156M$346,197
FY2022 ⓘ$30M$12M75.1%$146M$412,769
FY2021 ⓘ$13M$11M71.8%$148M$380,368
FY2020 ⓘ$14M$11M72.6%$124M$355,253

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b22 · 22 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5221
  • Volunteers Part I, line 690

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
KAPLAN CONSTRUCTION
Building contractor
$8,015,000
JS MORTIMER
Hvac contractor
$818,100
SOUTH SIDE DESIGN & BUILD
Fabricator
$599,700
SIEMENS INDUSTRY
Environmental controls contractor
$462,200
CONFORM LAB
Construction project manager
$283,400

Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.

Private foundation grants it received

40 private foundations reported grants to Worcester Art Museum totaling $3.7M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Worcester Art Museum's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Worcester Art Museum, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in Massachusetts

Questions people ask

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

In the fiscal year ending August 31, 2025, Worcester Art Museum reported that 75.7% of its $16.5 million in expenses went to program services, 17.3% to management and general and 7.0% to fundraising (Form 990, Part IX).

How much does Worcester Art Museum pay its top executive?

The largest total compensation Worcester Art Museum reported for one person in the fiscal year ending August 31, 2025 was $387,056, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Worcester Art Museum get its money?

Of $22.3 million in revenue in the fiscal year ending August 31, 2025, 77.9% came from contributions and grants (including 1.7% from government grants) and 8.0% from program service revenue (Form 990, Part VIII).

Is Worcester Art Museum a registered charity?

The IRS lists EIN 04-1988530 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202611359349304381 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202500739349300120 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202411839349300601 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202310839349300431 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202221879349301702 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202101939349300710 · read the filing

All filings for EIN 04-1988530: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.