Civic Intelligence

World Music Foundation

990EZ • Fiscal year 2016 • EIN 46-1109174

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 27, 2017

6325 N Sheridan Rd Suite 804Chicago, IL 60660

(773) 850-0087

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

46th percentile

1.3%

Higher net margin than 46% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

80th percentile

$11,787

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 25.2% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

77th percentile

28%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

107%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,840

Up $614 (+28%) from 2015

Net Assets

$2,840

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$46,706

Up $24,134 (+107%) from 2015

Expenses

Up

$46,092

Up $25,746 (+127%) from 2015

Net Income

Down

$614

Down $1,612 (-72%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2014: $1Liabilities 2014: $02014Assets 2015: $2,226Liabilities 2015: $02015Assets 2016: $2,840Liabilities 2016: $0Net Assets 2016: $2,8402016Assets 2017: $27,338Liabilities 2017: $0Net Assets 2017: $27,3382017Assets 2018: $44,131Liabilities 2018: $0Net Assets 2018: $44,1312018Assets 2019: $45,540Liabilities 2019: $0Net Assets 2019: $45,5402019Assets 2020: $21,940Liabilities 2020: $0Net Assets 2020: $21,9402020Assets 2021: $7,426Liabilities 2021: $0Net Assets 2021: $7,4262021Assets 2022: $4,894Liabilities 2022: $0Net Assets 2022: $4,8942022Assets 2023: $18,515Liabilities 2023: $0Net Assets 2023: $18,5152023Assets 2024: $68,894Liabilities 2024: $0Net Assets 2024: $68,8942024

Highlighted filing

2016

Assets$2,840
Liabilities$0
Net Assets$2,840

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $21,178Expenses 2014: $21,178Net Income 2014: $02014Revenue 2015: $22,572Expenses 2015: $20,346Net Income 2015: $2,2262015Revenue 2016: $46,706Expenses 2016: $46,092Net Income 2016: $6142016Revenue 2017: $71,019Expenses 2017: $46,521Net Income 2017: $24,4982017Revenue 2018: $64,013Expenses 2018: $47,220Net Income 2018: $16,7932018Revenue 2019: $60,860Expenses 2019: $59,451Net Income 2019: $1,4092019Revenue 2020: $37,624Expenses 2020: $36,274Net Income 2020: $1,3502020Revenue 2021: $23,371Expenses 2021: $37,885Net Income 2021: -$14,5142021Revenue 2022: $17,704Expenses 2022: $20,236Net Income 2022: -$2,5322022Revenue 2023: $79,569Expenses 2023: $65,948Net Income 2023: $13,6212023Revenue 2024: $124,270Expenses 2024: $78,694Net Income 2024: $45,5762024

Highlighted filing

2016

Revenue$46,706
Expenses$46,092
Net Income$614
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 27, 2017
Return Version
2016v3.0
Gross Receipts
$48,753
Mission and Program Overview

Mission

To provide distinct, global, music performance and education.

Program Services

DescriptionGrantsExpenses
Workshops: By harnessing hundreds of volunteers hours valued at $15,482, we made it possible for master artists to instruct and inspire over 4,000 students through up-close interactive presentations from cultures outside of their own. Targeted for these workshops were students with minimal opportunity for exposure to cultural diversity.$0$28,114
Cultural Performances: Through musical performances to diverse audiences over 2,000 people, including military veterans at the Jesse Brown VA, were given exposure to culturally important music traditions from around the world. This program was dramatically helped by the donation of $2,965 worth of work by volunteers in 4 states.$0$8,158
Music Lessons: Permanent teaching facilities have been established in Chicago and the near suburbs for students to learn from one of the world's great tabla and sitar teachers and classes are also taught online to people around the world. We were able to keep our overhead very low for this program, like our others, by utilizing dozens of volunteer hours.$0$5,211
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John GardnerExecutive DirectorPT$11,787-$11,787
Christi MulfordMarketing DirectorPT$0--
Prateek Gupta PhDTreasurer-$0--
Alex FarroBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
World Music Foundation
EIN
46-1109174
Phone
7738500087
Address
6325 N Sheridan Rd Suite 804, Chicago, IL 60660

Signing Officer

Name
John Gardner
Title
Executive Director
Phone
3122591866
Signed
2017-02-27
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Transportation 9290 Marketing 1422 Office Expense 937

Raw XML Appendix168 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Music Lessons: Permanent teaching facilities have been established in Chicago and the near suburbs for students to learn from one of the world's great tabla and sitar teachers and classes are also taught online to people around the world. We were able to keep our overhead very low for this program, like our others, by utilizing dozens of volunteer hours.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Transportation 9290 Marketing 1422 Office Expense 937
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-27
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ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0461109174
ReturnHeader/Filer/PhoneNum07738500087
ReturnHeader/Filer/USAddress/AddressLine1Txt06325 N Sheridan Rd Suite 804
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ReturnHeader/Filer/USAddress/ZIPCd060660
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.21.227.36
ReturnHeader/ReturnTs02017-03-02T23:08:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits