WORCESTER, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WORCESTER COUNTY MECHANICS ASSOCIATION DBA MECHANICS HALL, founded in 1842, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.7M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Net assets of $10.6M represent 47 months of operating reserves.
TO ENRICH THE CULTURAL, SOCIAL, AND ECONOMIC VITALITY OF THE COMMUNITY BY STEWARDING MECHANICS HALL, A HISTORIC LANDMARK AND WORLD-CLASS PERFORMANCE HALL, WHICH SERVES AS AN INSPIRATIONAL GATHERING PLACE FOR PROGRAMS AND EVENTS THAT SHOWCASE THE VAST DIVERSITY OF HUMAN EXPERIENCE.
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...
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 HALL'S IMPECCABLE AND CELEBRATED ACOUSTICS. IN FY25 WE HOSTED 195 EVENTS. FY25 EVENTS ENGAGED APPROXIMATELY 55,000 ADULTS AND 10,000 CHILDREN IN VARIOUS ARTISTIC AND CULTURAL PROGRAMS, AND APPROXIMATELY 3,000 ARTISTS WERE INVOLVED IN THESE PRODUCTIONS. THE HALL PROUDLY SUPPORTS GREATER WORCESTER'S NONPROFIT COMMUNITY AND THEIR MISSIONS BY MAKING THE HALL AS FINANCIALLY ACCESSIBLE AS POSSIBLE. WE OFFERED OVER $366,000 OF EVENT DISCOUNTS TO NONPROFIT ORGANIZATIONS IN FY25.
PRESERVATION: MECHANICS HALL IS INTERNATIONALLY REGARDED AS ONE OF THE WORLD'S GREAT CONCERT HALLS FOR ITS SUPERB ACOUSTICS AND INSPIRATIONAL BEAUTY. 18% OF OUR ANNUAL OPERATING EXPENSES GO TOWARD...
PRESERVATION: MECHANICS HALL IS INTERNATIONALLY REGARDED AS ONE OF THE WORLD'S GREAT CONCERT HALLS FOR ITS SUPERB ACOUSTICS AND INSPIRATIONAL BEAUTY. 18% OF OUR ANNUAL OPERATING EXPENSES GO 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.
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 FEATURED BROWN BAG...
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 FEATURED BROWN BAG CONCERTS, ORGAN CONCERTS, AND CHILDREN'S PROGRAMS AS WELL AS THE THIRD YEAR OF OUR TWO NEW PROGRAMS: CLUB 321 AND THE MECHANICS HALL YOUTH SINGERS. CLUB 321 IS A NEW SERIES HOSTED IN OUR MORE INTIMATE WASHBURN HALL AND BRINGS AFFORDABLE, SOPHISTICATED, LIVE MUSIC ENTERTAINMENT TO THE HEART OF DOWNTOWN. YOUTH SINGERS IS THE ANCHOR YOUTH PROGRAM AT MECHANICS HALL, A RECOGNITION THAT WORCESTER'S CHILDREN ARE THE HEART AND SOUL OF OUR RICHLY MULTICULTURAL CITY. OPEN TO 4TH THROUGH 7TH GRADERS FROM EVERY WORCESTER NEIGHBORHOOD, THIS NON-AUDITIONED CHORUS GIVES CHILDREN FROM ALL BACKGROUNDS THE OPPORTUNITY TO PRACTICE AND PERFORM AT MECHANICS HALL THEIR OWN "HOME" CONCERT HALL. UNDER PROFESSIONAL DIRECTION, THEY LEARN TO SING A VARIETY OF MUSIC, BUILD FRIENDSHIPS, AND WORK TOWARD EXCELLENCE TOGETHER AND IN HARMONY. THERE IS NO COST TO PARTICIPATE IN THE CHORUS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,714,754 | $3,660,683 | -0.3% |
| Expenses | $2,871,732 | $2,771,032 | +0.0% |
| Net Income | $-156,978 | $889,651 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PETER THOMAS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELLEN CONTE | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE ELLIS | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMIE LEEHY | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREW MADIGAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER ANTKOWIAK | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANTHONY CONSOLMAGNO | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIM CIBOROWSKI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB GOODELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GLORIA HALL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA DAVIDSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SATYA MITRA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY D'ELIA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES GOLDSBERRY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELAINE MCKENNA-YEAW | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW JOYCE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH PACKARD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LORIE MARTISKA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARGARET WONG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DIANE GIAMPA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| AKASH GARG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| EVAN MALONEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| VICTORIA MARIANO | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ABBY MARSCHKE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT OBER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LIZ PARKER GAGNE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW SABACINSKI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ADI TIBREWAL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHLEEN GAGNE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$120,317 | $12,152 | $132,469 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,714,754 | $2,871,732 | $10,819,122 | $-156,978 |
| 2024 | $3,660,683 | $2,771,032 | $11,000,372 | $889,651 |
| 2023 | $2,837,428 | $2,481,556 | $9,800,605 | $355,872 |
| 2022 | $3,158,410 | $1,930,933 | $9,068,606 | $1,227,477 |
| 2021 | $860,578 | $1,103,330 | $9,656,153 | $-242,752 |
| 2020 | $1,326,349 | $1,946,183 | $8,884,946 | $-619,834 |
| 2019 | $1,958,891 | $2,514,867 | $9,210,623 | $-555,976 |
| 2018 | $2,696,885 | $2,774,228 | $9,818,126 | $-77,343 |
Compare WORCESTER COUNTY MECHANICS ASSOCIATION DBA MECHANICS HALL with other nonprofits in Massachusetts and across the country.