Overview
What is Worcester Art Museum?
The Worcester Art Museum, located at 55 Salisbury Street, Worcester, Massachusetts, is a cultural institution dedicated to enriching the community by making significant works of art accessible to the public. As a responsible steward of its collection, the museum takes great care in acquiring and preserving art pieces, following its acquisition and deaccession policies. The museum's mission is to connect people and cultures through the experience of art. The Worcester Art Museum's primary activities include collecting, caring for, and exhibiting artworks. Their collection management policy and active in-house conservation program ensure the longevity and preservation of their assets. Additionally, they organize and lend artworks to special exhibitions and bring traveling exhibitions to the public. Through research, publications, and educational programs, the museum interprets its collections for a broad audience. Furthermore, the museum maintains an art library and an educational program that promotes an understanding of art and an active participation in its creation. With a team of 203 employees, the Worcester Art Museum remains financially responsible and accountable for its ongoing operations and the growth of its museum and collections.
Official website here: www.worcesterart.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Worcester Art Museum has achieved a remarkable 95% rating from Charity Navigator, indicating strong accountability and financial practices. This high rating reflects the organization's commitment to transparency and effective management, bolstered by a fully independent board and sound financial oversight. The museum’s financial health is also demonstrated through low liabilities relative to assets and efficient fundraising practices.
Strengths of the Worcester Art Museum include its comprehensive accountability measures, such as a conflict of interest policy and a whistleblower policy, both of which are in place to ensure ethical governance. The organization excels in managing its resources, with a program expense ratio of approximately 71.59%, ensuring that a significant portion of funding goes directly to its mission. Furthermore, the museum enjoys ample working capital, indicating financial stability and the ability to sustain operations long-term.
While the data reflects strong performance, it is essential for potential donors and supporters to consider the museum's ongoing contributions to the community and the arts. The high fundraising efficiency suggests effective utilization of donations, but continued engagement and innovative programming will be crucial for the museum to maintain its status and relevance in the cultural landscape.
This AI summary has been generated from information found on Charity Navigator.
Is Worcester Art Museum legitimate?
Worcester Art Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worcester Art Museum submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $714,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,383,203
For more financial information, click here
Official website here: www.worcesterart.org
What is the mission statement of Worcester Art Museum?
The Worcester Art Museum is dedicated to acquiring and preserving significant works of art for the benefit of the wider community. It strives to shape its permanent collection while adhering to acquisition and deaccession policies. The institution is committed to caring for its collections and works on loan through responsible collection management and an active in-house conservation program. The museum exhibits its permanent collection and organizes or lends to special exhibitions, bringing traveling exhibitions to the public. It interprets its collections and works on loan through research, publications, and educational programs. The museum also maintains an art library and an educational program that promotes understanding of art and encourages active participation in its creation. The Worcester Art Museum operates with fiscal responsibility and public accountability, ensuring the ongoing preservation and growth of the institution and its collections.
Official website here: www.worcesterart.org
Who is the CEO of Worcester Art Museum?
Mark Spuria is the Treasurer of Worcester Art Museum.
Official website here: www.worcesterart.org
What is the revenue of Worcester Art Museum?
Worcester Art Museum's revenue in 2022 was $30,005,812.
Official website here: www.worcesterart.org
Who are the executives of Worcester Art Museum and what are their salaries?
The average compensation at Worcester Art Museum during 2022 was $25,112. There are 203 employees and 90 volunteers at Worcester Art Museum.
Here are 26 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $139,920
- Related: $0
- Other: $14,004
- Compensation: $383,514
- Related: $0
- Other: $29,255
- Compensation: $142,105
- Related: $0
- Other: $5,762
- Compensation: $170,172
- Related: $0
- Other: $24,967
Official website here: www.worcesterart.org
Where can I find the form 990 for Worcester Art Museum?
Worcester Art Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.worcesterart.org
Learn more at the official website: www.worcesterart.org
Mission Statement of Worcester Art Museum
The Worcester Art Museum, a renowned cultural institution, is dedicated to connecting people and communities through the experience of art. Its mission is twofold: first, to collect and preserve the most significant works of art available, adhering to the museum's acquisitions and deaccessions policies; second, to make these collections accessible to the public through various means.
The Worcester Art Museum takes great care in the acquisition of art pieces, striving to expand the quality and scope of its permanent collection. The institution's collections management policy and active in-house conservation program ensure the preservation and maintenance of these valuable works. Furthermore, the museum exhibits its permanent collection, organizes and lends to special exhibitions, and brings traveling exhibitions to the public.
In addition to providing access to its own collections, the Worcester Art Museum interprets and shares knowledge about art through research, publications, and educational programs. These offerings promote a deeper understanding of art and encourage active participation in the creation of new art. The museum also maintains a well-stocked art library and offers educational programs for the public.
The Worcester Art Museum is committed to financially responsible actions and maintaining public accountability for its ongoing operations and the preservation and growth of its collections.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Worcester Art Museum serves as a vital cultural hub in the region, significantly enhancing the community's access to and understanding of art. By curating an impressive collection of significant artworks and actively preserving them, the museum fosters a deep appreciation for visual culture across diverse audiences.
One of its primary impacts lies in its ability to connect people, communities, and cultures through the experience of art. This mission is realized through a variety of engaging exhibitions, educational programs, and community outreach initiatives that invite participation and encourage dialogue around the significance of art in everyday life.
Additionally, the museum maintains an extensive art library that supports research and education, enabling both scholars and the general public to explore art in greater depth. This commitment to education affirms the museum's role in shaping informed and engaged communities.
The Worcester Art Museum further contributes to the region’s cultural richness by organizing special exhibitions and lending to traveling exhibitions, thereby broadening access to a wider array of artistic expressions. Through its conservation efforts and responsible collections management policies, the museum ensures that significant artworks are preserved for future generations, while also facilitating contemporary conversations about art and its relevance.
Overall, the Worcester Art Museum's impact extends beyond its walls, creating lasting connections and enriching the cultural landscape of Worcester and the surrounding areas.
This information is meant to be a general summary of Worcester Art Museum. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,357,862
- Program Service Revenue: $947,408
- Gross Receipts: $49,070,740
Assets and Liabilities:
- Total Assets: $148,643,203
- Total Liabilities: $2,598,346
- Net Assets: $146,044,857
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AUXILIARY ACTIVITIES
Revenue
$374,459
PUBLIC EDUCATION
Revenue
$310,686
ADMISSIONS
Revenue
$262,263
Organization Details
Founding Year
1896
Phone
(508) 799-4406Principal Officer
Mark Spuria
Main Address
55 SALISBURY STREET, WORCESTER, MA, 01609
Website
www.worcesterart.orgNTEE Category
Code: A510 - Arts
If you are a representative of Worcester Art Museum and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.