2023-05-15T17:44:52-05:00 2022-06-30 043100673 LCW CPAs 303 Canal Street Suite 200 Lawrence MA 01840 990 2021-07-01 223036665 World Music Inc WORL 6178764275 720 Massachusetts Avenue Cambridge MA 02139 Constance Chin Chief Executive Officer 6178764275 2023-05-15 1 Constance Chin 999009999 James J Mocera CPA P00240505 9786898822 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Global Arts Live Constance Chin 720 Massachusetts Avenue Cambridge MA 02139 2657568 0 X www.worldmusic.org X 1990 MA The presentation of a multi-disciplinary and culturally diverse performing arts series that connects performing artists from many cultures and disciplines with the diverse communities of greater Boston. 9 9 20 0 0 0 870577 2033238 89216 621858 -25 2472 0 0 959768 2657568 0 0 0 0 399974 825343 0 0 6236 295016 1040941 694990 1866284 264778 791284 1052825 1832037 252732 271798 800093 1560239 X The presentation of a multi-disciplinary and culturally diverse performing arts series that connects performing artists from many cultures and disciplines with the diverse communities of greater Boston. 0 0 1433254 760015 The presentation of a multi-disciplinary and culturally diverse performing arts series that connects performing artists from many cultures and disciplines with the diverse communities of greater Boston. The presentation of a multi-disciplinary and culturally diverse performing arts series that connects performing artists from many cultures and disciplines with the diverse communities of greater Boston. 1433254 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 20 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X Constance Chin World Music Inc 6178764275 720 Mass Avenue Cambridge MA 02139 Alan Geismer Board Member 1.00 X 0 0 0 Edith Joyce Treasurer 1.00 X X 0 0 0 Nagesh Mahanthappa President 1.00 X X 0 0 0 Eric Klotch Secretary 1.00 X 0 0 0 Andrea Itano Board Member 1.00 X 0 0 0 Purnima Thakre Board Member 1.00 X 0 0 0 Jean Appolon Board Member 1.00 X 0 0 0 Yusuf Abudi Board Member 1.00 X 0 0 0 Maure Aronson Founder and Director of Artistic Programs 40.00 X 196244 0 9812 Constance Chin Chief Executive Officer 40.00 X 189000 0 0 385244 0 9812 2 0 1 0 0 1523873 509365 2033238 Ticket sales 711110 576197 576197 Ticket sales service f 711110 40062 40062 Misc. Income 711110 5599 5599 621858 2472 2472 2657568 624330 0 0 X 655288 425937 229351 27374 14508 12866 142681 89839 52842 9826 9826 969580 874905 88439 6236 56131 28065 28066 2052 2052 3352 3352 1866284 1433254 426794 6236 144450 -12593 860328 1636898 18000 96774 8883 71169 15258 14204 85367 59782 5906 25585 1052825 1832037 86703 117447 58861 154351 107168 0 252732 271798 X 782093 1444219 18000 116020 800093 1560239 1052825 1832037 X 791284 -31140 X X 0 1 X 1 1 1 X 1232189 954911 679945 870577 2033238 5770860 1383316 1235847 1221614 89110 621858 4551745 2615505 2190758 1901559 959687 2655096 10322605 0 0 0 10322605 6149 12287 6540 81 2472 27529 6149 12287 6540 81 2472 27529 2621654 2203045 1908099 959768 2657568 10350134 0.99730 0.00270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18000 18000 18000 18000 218000 52700 252700 18000 418912 559550 760462 218000 236400 834375 651863 418912 0 0 85367 59782 25585 0 25585 X 2657568 0 2657568 0 2657568 1866284 0 1866284 0 1866284 Part X, Line 2: The Organization evaluates its uncertain tax positions using the provisions of ASC 450, "Contingencies". Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimated. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. As of June 30, 2022, the Organization had no material unrecognized tax benefits and no adjustments to liabilities or operations were required under ASC 740. The Organization's practice was and continues to be to recognize interest and penalty expenses related to uncertain tax positions in income tax expense, which were zero for the years ended June 30, 2022. X 0 0 0 0 0 0 0 0 0 Maure Aronson Founder and Director of Artistic Pro 196244 0 0 0 0 0 9812 0 0 0 206056 0 0 0 Constance Chin Chief Executive Officer 189000 0 0 0 0 0 0 0 0 0 189000 0 0 0 Substantial contributor Board member 10104 Contribution 0 Substantial contributor Board member 12900 Contribution 0 Form 990, Part VI, Section B, line 11b The completed Form 990 will be presented to the Board of Directors prior to its filing. Form 990, Part VI, Section B, line 12c Board members are required to sign an acknowledgement form on an annual basis that no conflicts of interest exist. Board members shall refrain from obtaining any list of clients for personal or private solicitation purposes at any time during their affiliation. Form 990, Part VI, Section B, line 15a Board members evaluate Executive Director performance annually and determine salary and bonus compensation. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, policy statements, and financial statements available to the public upon request in writing to the Executive Director at the Organization's mailing address. Form 990, Part IX, line 11g Production Expenses: Program service expenses 282,440. Management and general expenses 0. Fundraising expenses 0. Total expenses 282,440. Fundraising expenses: Program service expenses 0. Management and general expenses 0. Fundraising expenses 6,236. Total expenses 6,236. Artist Fees: Program service expenses 353,449. Management and general expenses 0. Fundraising expenses 0. Total expenses 353,449. Artist Travel and Lodging: Program service expenses 39,154. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,154. Consulting: Program service expenses 4,625. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,625. Other miscellaneous expense: Program service expenses 0. Management and general expenses 56,143. Fundraising expenses 0. Total expenses 56,143. Admin office supplies: Program service expenses 0. Management and general expenses 4,494. Fundraising expenses 0. Total expenses 4,494. Telephone and internet: Program service expenses 0. Management and general expenses 3,606. Fundraising expenses 0. Total expenses 3,606. Postage and delivery: Program service expenses 0. Management and general expenses 5,430. Fundraising expenses 0. Total expenses 5,430. Dues and subscriptions: Program service expenses 0. Management and general expenses 3,370. Fundraising expenses 0. Total expenses 3,370. Insurance: Program service expenses 0. Management and general expenses 2,304. Fundraising expenses 0. Total expenses 2,304. Bank Fees: Program service expenses 0. Management and general expenses 13,092. Fundraising expenses 0. Total expenses 13,092. Marketing Postage: Program service expenses 22,822. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,822. Marketing Printing: Program service expenses 27,599. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,599. Marketing Advertising: Program service expenses 96,807. Management and general expenses 0. Fundraising expenses 0. Total expenses 96,807. Other marketing expense: Program service expenses 48,009. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,009. Form 990, Part XI, line 9: Beginning net assets allocated to related Organization FED ID# 86-2767219 -31,140. 990 Part XII, Line 2c No changes to the process in place Part IX, Line 7, Salaries and Wages Total Salaries and wages expense equal $795,159. The difference between $795,159 and the reported amount of $655,288 on page 10 is picked up on a related Organization's Form 990 in the amount of $139,871. The related Organization is a non-profit with Federal ID # 86-2767219. 585 Arts Inc 720 Massachusetts Avenue Cambridge MA 02139 862767219 Arts and performance theater MA 509(a)(2) World Music Inc 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0