Worcester County Mechanics Association
- Assets
- $9.1m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 33
- Location
- Worcester, MA
- Founding
- 01/1945
- Data as of
- 06/2022
- EIN
- 04-1988955
Organization Overview
Worcester County Mechanics Association, operating under the name Mechanics Hall, is located in Worcester, MA. The organization was established in 1945. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Mechanics Hall employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mechanics Hall is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Mechanics Hall generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WORCESTER COUNTY MECHANICS ASSOCIATION IS A NON-PROFIT ARTS AND CULTURE ORGANIZATION. OUR MISSION IS TO ENRICH AND INSPIRE OUR COMMUNITY BY HOSTING AND PRESENTING ARTS, EDUCATIONAL, AND CULTURAL EVENTS AS WELL AS MILESTONE AND COMMUNITY-MINDED EVENTS IN MECHANICS HALL, OUR HISTORIC AND WORLD-RENOWNED PERFORMANCE HALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENT HOSTING AND TICKETING: MECHANICS HALL SERVES A WIDE VARIETY OF CLIENT EVENTS FROM FUNDRAISING GALAS TO CONCERTS AND RECORDED PERFORMANCES OF WORLD-RENOWNED MUSICAL ARTISTS AS WELL AS THE MILESTONE CELEBRATORY EVENTS OF GREATER WORCESTER AND BEYOND- PROMS, GRADUATIONS, WEDDINGS, AND OTHER CULTURAL CELEBRATIONS. THE MAJORITY OF OUR HOSTED EVENTS INVOLVE MUSICAL, ORATORY, OR OTHER ARTISTIC PERFORMANCE THAT CELEBRATE THE CORE COMPETENCY OF THE HALL: IT'S IMPECCABLE AND CELEBRATED ACOUSTICS. WHILE WE NORMALLY HOST AN AVERAGE OF 240 LIVE EVENTS EACH YEAR, HALL ACTIVITIES REMAINED AFFECTED BY COVID UPON THE AUGUST REOPENING. DESPITE CLIENT HESITANCY TO BOOK EVENTS AND DEPRESSED ATTENDANCE NUMBERS, THE HALL HOSTED 108 UNIQUE EVENTS IN FY22. THESE EVENTS ENGAGED APPROXIMATELY 27,467 ADULTS AND 6,301 CHILDREN IN VARIOUS ARTISTIC AND CULTURAL PROGRAMS, AND APPROXIMATELY 2,354 ARTISTS WERE INVOLVED IN THESE PRODUCTIONS.
PRESERVATION: MECHANICS HALL- AN ACOUSTICAL MASTERPIECE - IS INTERNATIONALLY REGARDED AS ONE OF THE WORLD'S GREAT CONCERT HALLS FOR ITS SUPERB ACOUSTICS AND INSPIRATIONAL BEAUTY. A SIGNIFICANT PORTION OF OUR ANNUAL BUDGET GOES TOWARD ENSURING THAT OUR HISTORICAL BUILDING IS PROPERLY MAINTAINED AND FUNCTIONS PERFECTLY TO WELCOME VISITORS FROM WORCESTER AND ALL OVER THE WORLD. WE ARE ALSO LISTED IN THE NATIONAL REGISTER OF HISTORIC PLACES. ALTHOUGH THE IMPACT OF THE PANDEMIC CONSIDERABLY LIMITED THE ACTIVITIES IN THE HALL, OUR ANNUAL VISITORS TYPICALLY AVERAGE APPROXIMATELY 200,000 PEOPLE.
COMMUNITY, ORGAN, AND EDUCATIONAL PROGRAMMING: MECHANICS HALL PRODUCES A SERIES OF FREE COMMUNITY CONCERTS AND SEVERAL SPECIAL CONCERTS AND EDUCATIONAL EVENTS EACH YEAR. THIS YEAR BROUGHT THE RETURN OF BROWN BAG CONCERTS, ORGAN CONCERTS, AND CHILDREN'S PROGRAMS.
MECHANICS HALL LEASES OFFICE SPACE TO SIX TENANTS THAT HAVE SIMILAR MISSIONS AS THE HALL OR ARE OTHERWISE NONPROFIT ENTITIES. FIVE TENANTS ARE RELATED TO MUSIC PERFORMANCE, AND THREE PRODUCE LIVE MUSICAL PERFORMANCE EVENTS IN THE HALL. MECHANICS HALL OFFERS ALL TENANTS RENTAL RATES THAT ARE BELOW MARKET VALUE TO HELP SUPPORT THEIR MISSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Gagne Executive Director | Officer | 40 | $104,045 |
Bruce Ellis Vice President | OfficerTrustee | 1 | $0 |
Tom Mcgregor President | OfficerTrustee | 1 | $0 |
Peter Thomas First Vice President | OfficerTrustee | 1 | $0 |
Satya Mitra Vice President | OfficerTrustee | 1 | $0 |
Peter Alden Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,060 |
| Fundraising events | $14,147 |
| Related organizations | $0 |
| Government grants | $1,314,631 |
| All other contributions, gifts, grants, and similar amounts not included above | $299,297 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,634,135 |
| Total Program Service Revenue | $1,034,226 |
| Investment income | $142,107 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $347,942 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,158,410 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $104,045 |
| Compensation of current officers, directors, key employees. | $20,809 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $665,146 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $131,313 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,349 |
| Fees for services: Other | $17,071 |
| Advertising and promotion | $20,431 |
| Office expenses | $28,363 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $229,566 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,848 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $276,837 |
| Insurance | $72,530 |
| All other expenses | $70,578 |
| Total functional expenses | $1,930,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $654,678 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $70,184 |
| Accounts receivable, net | $114,127 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,876 |
| Prepaid expenses and deferred charges | $10,792 |
| Net Land, buildings, and equipment | $4,477,162 |
| Investments—publicly traded securities | $3,022,837 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $705,950 |
| Total assets | $9,068,606 |
| Accounts payable and accrued expenses | $109,662 |
| Grants payable | $0 |
| Deferred revenue | $117,605 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $227,267 |
| Net assets without donor restrictions | $8,709,357 |
| Net assets with donor restrictions | $131,982 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,068,606 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Worcester County Mechanics Association has recieved totaling $124,136.
| Awarding Organization | Amount |
|---|---|
George I Alden Trust Worcester, MA PURPOSE: TO FURTHER EDUCATION | $50,000 |
Greater Worcester Community Foundation Inc Worcester, MA PURPOSE: TO SUPPLEMENT REGULAR OPERATING INCOME NEEDED TO MEET OPERATING EXPENSES. | $25,000 |
Greater Worcester Community Foundation Inc Worcester, MA PURPOSE: OPERATING SUPPORT | $15,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $14,131 |
The Fred Haarris Daniels Foundation Inc Worcester, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $4,533,829 |
| Earnings | -$716,887 |
| Net Contributions | $120,196 |
| Other Expense | $197,794 |
| Ending Balance | $3,739,344 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Horace Bushnell Memorial Hall Corporation Hartford, CT | $69,994,331 | $15,110,595 |
Rochester Broadway Theatre League Inc Rochester, NY | $14,097,725 | $11,757,109 |
Celebrity Series Of Boston Boston, MA | $21,295,635 | $11,486,131 |
Arts Center And Theater Of Schenectady Inc Schenectady, NY | $59,537,808 | $17,534,824 |
Saratoga Springs Performing Arts Center Inc Saratoga Springs, NY | $31,890,328 | $10,810,263 |
Tremont Theatre Inc Boston, MA | $4,028,653 | $4,834,729 |
Stamford Center For The Arts Inc Stamford, CT | $18,714,807 | $7,026,118 |
Palace Theatre Trust Manchester, NH | $12,127,067 | $4,561,211 |
Friends Of The Music Hall Portsmouth, NH | $11,111,524 | $6,060,196 |
Palace Theater Group Inc Waterbury, CT | $7,137,767 | $7,444,031 |
Symphony Space Inc New York, NY | $23,080,716 | $5,038,783 |
Cabot Performing Arts Center Inc Beverly, MA | $9,302,777 | $5,349,464 |