Civic Intelligence

World Music Development

EIN 46-1654788 • 501(c)3 • Alma, CO

Profile

We are driven by the vision of fostering peace through the universal language of music Our mission is to enhance and enrich communities by integrating music into various aspects of life This is ultimately achieved through global artist partnerships comprehensive music programs and unwavering support for nonprofit initiatives We support projects that share our values focusing on the five pillars of peace education nutrition housing healthcare and economic development

PO Box 427Alma, CO 80420

worldmusicdevelopment.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.65x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.49x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$683

Up $330 (+93%) from 2018

Liabilities

Up

$443

Up $443 from 2018

Net Assets

Down

$240

Down $113 (-32%) from 2018

Operations
Liabilities / Revenue92nd percentileNet Margin79th percentile

Revenue

Down

$904

Down $7,146 (-89%) from 2018

Expenses

Down

$664

Down $7,033 (-91%) from 2018

Net Income

Down

$240

Down $113 (-32%) from 2018

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800$600$400$200$0Assets 2018: $353Liabilities 2018: $0Net Assets 2018: $3532018Assets 2023: $683Liabilities 2023: $443Net Assets 2023: $2402023

Highlighted filing

2023

Assets$683
Liabilities$443
Net Assets$240
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10K$5.0K$0Revenue 2018: $8,050Expenses 2018: $7,697Net Income 2018: $3532018Revenue 2023: $904Expenses 2023: $664Net Income 2023: $2402023

Highlighted filing

2023

Revenue$904
Expenses$664
Net Income$240
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$683
Liabilities
$443
Net assets
$240
Revenue
$904
Expenses
$664
Net income
$240
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$683$443$240$904$664$240
2018Detailed filing. Detailed filing data is available for this year.$353$0$353$8,050$7,697$353
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 17, 2024
Return Version
2023v5.0
Gross Receipts
$109,563
Mission and Program Overview

Mission

We are driven by the vision of fostering peace through the universal language of music Our mission is to enhance and enrich communities by integrating music into various aspects of life This is ultimately achieved through global artist partnerships comprehensive music programs and unwavering support for nonprofit initiatives We support projects that share our values focusing on the five pillars of peace education nutrition housing healthcare and economic development

Program Services

DescriptionGrantsExpenses
0--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Saam GolgoonPresident CEOPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival$37,112$37,112$72,313$-35,201
Event 2$0$0$0$0
Total Events$37,112$37,112$108,659$-71,547
Filing and Contact Details

Filer

Filer Name
World Music Development
EIN
46-1654788
Phone
7207223151
Address
PO Box 427, Alma, CO 80420

Signing Officer

Name
Saam Golgoon
Title
President CEO
Phone
7207223151
Signed
2024-04-17
Supplemental Narrative

Additional Explanations

Schedule O:

“Part 1.16 are the other general business operating expenses including office supplies, licenses and fees, meal and entertainment, networking, and travel expenses. Part 2.26 is a bank loan interest that have been paid.”

Raw XML Appendix186 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/SaleOfAssetsGrossAmt00
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IRS990EZ/SpecialEventsNetIncomeLossAmt0-71654
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt070351
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0109563
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part 1.16 are the other general business operating expenses including office supplies, licenses and fees, meal and entertainment, networking, and travel expenses. Part 2.26 is a bank loan interest that have been paid.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Saam Golgoon
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07207223151
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0World Music Development
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0461654788
ReturnHeader/Filer/PhoneNum07207223151
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 427
ReturnHeader/Filer/USAddress/CityNm0Alma
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080420
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02024-04-17T21:30:04Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Saam
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Golgoon
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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