Worcester Cultural Coalition Inc
- Assets
- $3.6m
- Revenue
- $456.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 07/2017
- Data as of
- 06/2022
- EIN
- 81-5010462
Organization Overview
Worcester Cultural Coalition Inc is located in Worcester, MA. The organization was established in 2017. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worcester Cultural Coalition Inc 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, Worcester Cultural Coalition Inc generated $456.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $644.5k 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
THE MISSION OF WORCESTER CULTURAL COALITION IS TO DRAW ON WORCESTER'S RICH AND DIVERSE CULTURAL ASSETS TO FOSTER ECONOMIC REVITALIZATION, SUPPORT ACTIVE, CREATIVE ENGAGEMENT FOR ALL AND PROMOTE A STRONG CULTURAL IDENTITY FOR GREATER WORCESTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS AND EVENTS - PROVIDES VARIOUS PROGRAMMING AND EVENTS FOR THE GREATER WORCESTER AREA
MEMBER SERVICES - MEMBERS ARE NON-PROFIT ENTITIES LOCATED IN WORCESTER COUNTY AND THE MEMBERS ARE PROMOTED IN MARKETING CAMPAIGNS AND PARTICIATE IN SPECIAL EVENTS. ALSO, MEMBERS ARE LISTED ON THE ORGANIZATION'S WEB PAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Butler President | OfficerTrustee | 2 | $0 |
Ellen Dunlap Treasurer | OfficerTrustee | 2 | $0 |
Erin Williams Executive Director | Officer | 40 | $0 |
Zachariah Combs Clerk | OfficerTrustee | 2 | $0 |
Jennifer Reilly Director | Trustee | 2 | $0 |
Peter Dunn Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $358,868 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $358,868 |
| Total Program Service Revenue | $96,685 |
| Investment income | $476 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $456,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $76,899 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $241,364 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,423 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,315 |
| Advertising and promotion | $28,813 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $105,581 |
| Travel | $180 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $109,891 |
| Insurance | $4,944 |
| All other expenses | $898 |
| Total functional expenses | $644,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $566,526 |
| Pledges and grants receivable | $195,835 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,211 |
| Net Land, buildings, and equipment | $2,423,666 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $369,162 |
| Total assets | $3,569,400 |
| Accounts payable and accrued expenses | $117,282 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $367,154 |
| Total liabilities | $484,436 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $3,084,964 |
| Total liabilities and net assets/fund balances | $3,569,400 |