EIN 04-1988530

Worcester Art Museum (WAM)

IRS 501(c) type
501(c)(3)
Num. employees
214
Year formed
1896
Most recent tax filings
2023-08-01
NTEE code, primary
Description
Founded in 1896, the Worcester Art Museum’s encyclopedic 38,000 piece collection covers 51 centuries of art. The Museum is internationally known for its collection of European and American art.
Total revenues
$15,255,766
2023
Total expenses
$12,757,918
2023
Total assets
$158,424,796
2023
Num. employees
214
2023

Program areas at WAM

Curatorial conservation & library - collect and display works of Art to the general public and to provide a library for research and information.
Publication program - publication of various books and catalogs on the collections of the Museum.
Education - educational program for various groups to enhance the appreciation and knowledge of the general public in all areas of Art.

Who funds Worcester Art Museum (WAM)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Non-Profit Management FoundationProperty Care; Buildings; Renovation$4,000,000
Fidelity Non-Profit Management FoundationEndowment$2,500,000
Manton FoundationTo Implement the Final Phase of the Arms and Armor Gallery Project$2,000,000
...and 43 more grants received totalling $12,110,713

Personnel at WAM

NameTitleCompensation
Bonnie LasavioChief Operations Officer$146,020
Mark SpuriaChief Financial Officer$146,569
Madeline FellerChief Advancement Officer
Marillyn EarleyConservator in Charge$179,280
Joseph J. BafaroPresident / Treasurer$0
...and 13 more key personnel

Financials for WAM

RevenuesFYE 08/2023
Total grants, contributions, etc.$12,880,628
Program services$818,681
Investment income and dividends$3,236,828
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-107,723
Net gain from sale of non-inventory assets$-1,725,611
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$152,963
Miscellaneous revenues$0
Total revenues$15,255,766

Form 990s for WAM

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-01990View PDF
2022-082023-03-24990View PDF
2021-082022-07-06990View PDF
2020-082021-07-12990View PDF
2019-082020-12-16990View PDF
...and 9 more Form 990s
Data update history
August 28, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 27, 2024
Updated personnel
Identified 3 new personnel
August 25, 2024
Used new vendors
Identified 1 new vendor, including
August 2, 2024
Received grants
Identified 20 new grant, including a grant for $1,200,000 from The C Jean and Myles Mcdonough Charitable Foundation
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $102,940 from Paine Charitable Trust
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
Operates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
55 Salisbury St
Worcester, MA 01609
Metro area
Worcester, MA-CT
County
Worcester County, MA
Website URL
worcesterart.org/ 
Phone
(508) 799-4406
Facebook page
WorcesterArtMuseum 
Twitter profile
@worcesterart 
IRS details
EIN
04-1988530
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1896
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A51: Art Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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