Worcester Center For Performing Arts Inc

Organization Overview

Worcester Center For Performing Arts Inc, operating under the name The Hanover Theatre, is located in Worcester, MA. The organization was established in 2002. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Hanover Theatre employed 232 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hanover Theatre 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 06/2021, Hanover Theatre generated $7.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE HANOVER THEATRE SEEKS TO IGNITE AND NURTURE A PASSION FOR THE PERFORMING ARTS IN AUDIENCES AND ARTISTS OF TODAY AND TOMORROW. IN DOING SO WE WILL PARTICIPATE FULLY IN THE REVITALIZATION OF DOWNTOWN WORCESTER BY BRINGING VISTIORS TO THE CITY AND BUILDING THE PERCEPTION OF WORCESTER AS A DESTINATION FOR ENTERTAINMENT AND CULTURE. BASED ON EXTENSIVE RESEARCH OF SUCCESSFUL VENUES NATIONWIDE, THE HANOVER THEATRE ESTIMATES ITS ECONOMIC IMPACT TO THE CITY OF WORCESTER AT APPROXIMATELY $40 MILLION ANNUALLY, IN DIRECT AND INDIRECT SPENDING, JOBS, PROPERTY VALUES AND TAXES. THE HANOVER THEATRE'S CONSERVATORY PROGRAMS REACH MORE THAN 500 YOUNG PEOPLE EACH YEAR WITH CLASSES AND PROGRAMS IN THEATRE, TECHNICAL THEATRE AND DANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WORCESTER CENTER FOR PERFORMING ARTS PROMOTED AND/OR HOSTED 150 PERFORMANCES ADVERTISED AND AVAILABLE TO THE PUBLIC AT VARYING TICKET PRICES; APPROXIMATELY 200,000 PEOPLE ATTENDED PERFORMANCES OR FUNCTIONS DURING THE YEAR. THE HANOVER THEATRE CONSERVATORY REACHED MORE THAN 500 STUDENTS IN THEATRE, TECHNICAL THEATRE AND DANCE CLASSES AND SUMMER PROGRAMS. IN ADDITION TO PROVIDING A VENUE FOR BROADWAY SHOWS AND OTHER WORLD-CLASS PERFORMANCES PREVIOUSLY UNAVAILABLE IN OUR REGION, THE THEATRE HAS GREATLY INCREASED THE VISIBILITY OF WORCESTER AS A CULTURAL DESTINATION AND HAS CATALYZED PROFOUND CHANGE IN ITS DOWNTOWN.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Francesco Cesareo
Director
$0
Marie Angelini
Director
$0
Tracy Barlok
Director
$0
Tom Bartholomew
Director
$0
Maureen Binienda
Director
$0
Sandra Tassi
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$5,986,846
Investment income $4,548
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $51,688
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 $7,443,487

Peer Organizations

Organization NameAssets
Munson-Williams-Proctor Arts Institute
Utica, NY
$25,944,561
10 South Street Club Operator Inc
New York, NY
$20,543,411
St Anns Warehouse Inc
Brooklyn, NY
$11,910,783
One Club For Creativity Inc
New York, NY
$14,879,392
Pioneer Works Art Foundation
Brooklyn, NY
$10,424,515
Joan Mitchell Foundation Inc
New York, NY
$11,848,227
Consensus Building Institute Inc
Cambridge, MA
$6,746,393
The Chelsea Factory Inc
New York, NY
$3,354,785
Judd Foundation
New York, NY
$14,659,896
Creative Time Inc
New York, NY
$6,772,610
Guild Hall Of East Hampton Inc
East Hampton, NY
$7,346,391
Nantucket Dreamland Foundation
Nantucket, MA
$3,420,241
New Haven International Festival Of Arts & Ideas Inc
New Haven, CT
$2,901,580
Sesame Flyers International Inc
Brooklyn, NY
$4,096,014
Worcester Center For Performing Arts Inc
Worcester, MA
$7,443,487
Northeast Organic Farming Association Of Vermont
Richmond, VT
$3,211,661
Jewish Food Society Inc
New York, NY
$2,964,027
City Lore Inc
New York, NY
$2,769,137
Amant Foundation Usa
Brooklyn, NY
$3,058,026
Cotuit Center For The Arts Inc
Cotuit, MA
$2,969,828
Jamaica Center For Arts And Learning Inc
Jamaica, NY
$3,554,564
Home For Contemporary Theatre And Art Ltd
New York, NY
$2,236,630
Robot Heart Foundation Inc
New York, NY
$2,655,460
Fine Arts Work Center In Provincetown Inc
Provincetown, MA
$3,051,629
Frk Foundation
New York, NY
$3,321,817

Create an account to unlock the data you need.

or