Gloucester Cultural & Civic Center is a 501(c)(3) organization based in Gloucester, Massachusetts, registered in 2020, with $2,304 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$2,304
▼ 95.2% vs prior year
Community median: $184K
Expenses (FY2023)
$5,154
Net assets
$88K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Gloucester Cultural & Civic Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gloucester Cultural & Civic Center: 206 mo reserves · -124% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Gloucester Cultural & Civic Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gloucester Cultural & Civic Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $85K (FY2019) to $2,304 (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-123.7%
Spent more than it raised in the latest fiscal year.
Total assets
$90K
Total liabilities
$1,435
Net assets
$88K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,304▼95.2% | $5,154▼92.6% | $88,424▼3.1% | $89,859▼3.2% | 990EZ |
| 2022 | $48,032▼5.5% | $69,709▼19.9% | $91,274▼19.2% | $92,859▼28.5% | 990EZ |
| 2021 | $50,802▼45.4% | $87,011▲340% | $112,951▼24.3% | $129,927▼14.9% | 990EZ |
| 2020 | $93,097▲9.4% | $19,763▲113% | $149,160▲96.7% | $152,650▲101% | 990EZ |
| 2019 | $85,107 | $9,281 | $75,826 | $75,826 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Gloucester Cultural & Civic Center totaling $70K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $25,000 |
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Data for Gloucester Cultural & Civic Center (EIN 84-4102006) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.