Worcester Art Museum: $15.3M Revenue, $12.8M Expenses

Worcester Art Museum earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 53/100.

At $15.3M in 2023 revenue, Worcester Art Museum sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. On the financial-health factor, Worcester Art Museum runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Five-year revenue trajectory is strongly positive: Worcester Art Museum has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is on the higher side of the band typical for nonprofits this size: $607,138 in total current-officer compensation against $15.3M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Worcester Art Museum sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.