2018-05-09T14:07:33-07:00 2017-06-30 GRACE NEGGIE CPA 369 Lexington Avenue Ste 255 New York NY 10017 990 2016-07-01 133323045 WORLD MUSIC INSTITUTE INC WORL 2125457536 68 JAY STREET BROOKLYN NY 11201 GABRIELE SAPPINGTON EXECUTIVE DIRECTOR 2125457536 2017-10-20 true GRACE NEGGIE 9174826816 2018-05-09 X 2016 2022-09-23 18:48:47Z GABRIELE SAPPINGTON 68 JAY STREET SUITE 201 BROOKLYN NY 11201 1001751 false X www.worldmusicinstitute.org X 1985 NY WORLD MUSIC INSTITUTE INSPIRES WONDER FOR WORLD CULTURES THROUGH MUSIC AND DANCE. THROUGH POWERFUL PROGRAMMING,WMI IS CREATING A MOVEMENT THAT PROMOTES AWARENESS OF AND ENGAGEMENT WITH OTHER CULTURES, HELPING TO FOSTER DEEPER UNDERSTANDING OF COMMUNITIES AROUND THE GLOBE. 7 6 3 11 0 554130 457429 327340 485458 0 44157 881470 987044 0 0 226881 269274 0 12215 695634 683242 922515 952516 -41045 34528 210987 191654 173854 119993 37133 71661 WORLD MUSIC INSTITUTE INSPIRES WONDER FOR WORLD CULTURES THROUGH MUSIC AND DANCE. false false 805037 485458 THE COMPANY PRESENTS A FULL SEASON OF CONCERTS EACH YEAR IN NEW YORK CITY. IT WORKS EXTENSIVELY WITH COMMUNITY GROUPS AND ORGANIZATIONS INCLUDING, INDIAN, CHINESE, KOREAN, MIDDLE EASTERN, LATIN AMERICAN, HUNGARIAN, IRISH AND CENTRAL ASIAN. 805037 true true false false false false false false false false true false false false false true true false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 52 0 true 3 true false false false false false true true false false false false false false false X 7 6 false false false false false false false true true false false true true true true true true true true false NY X MICHAEL GRIFFIN 2125457536 68 JAY STREET SUITE 201 BROOKLYN NY 11201 PAUL PALMER CHAIRMAN 1.50 X X 0 0 0 ZETTE EMMONS SECRETARY 1.50 X X 0 0 0 JEWEL KINCH-THOMAS DIRECTOR 1.50 X 0 0 0 ANDREW FAULKNER DIRECTOR 1.50 X 0 0 0 CYNTHIA MCVAY DIRECTOR 1.50 X 24000 0 0 DAISY PARADIS DIRECTOR 1.50 X 0 0 0 KATE WINN DIRECTOR 1.50 X 0 0 0 JINGHONG LI DIRECTOR 1.50 X 0 0 0 GABRIELE SAPPINGTON EXECUTIVE DIRECTOR 40.00 X 98750 0 2157 122750 2157 false false false 7840 20227 75920 353442 457429 CONCERTS 711130 485458 485458 14707 20227 14707 GAIN ON LOAN FORGIVENESS 711130 44157 44157 44157 987044 485458 44157 98750 59250 29625 9875 119792 119792 0 0 34150 27978 4629 1543 16582 13585 2248 749 38896 0 38896 0 61750 61750 0 0 12315 12315 0 0 6716 0 6716 0 22775 0 22775 0 64973 64519 454 0 1054 863 143 48 13270 5898 7372 0 ARTISTS' FEES 297846 297846 0 0 THEATRE RENTAL 48324 48324 0 0 MARKETING 46235 46235 0 0 PRODUCTION COSTS 28176 28176 0 0 40912 18506 22406 0 952516 805037 135264 12215 26466 13698 131000 154220 28000 500 4739 4616 12294 12686 11650 9116 3588 2534 4900 3400 210987 191654 79410 80665 2000 43284 49160 39328 173854 119993 X 31689 56217 5444 15444 37133 71661 210987 191654 34528 X false true X true false X 520551 509395 588368 554130 457429 2629873 520551 509395 588368 554130 457429 2629873 922300 1707573 5 5 2629878 0.64930 0.73070 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11650 9116 2534 2534 X 1037170 50126 50126 987044 987044 1002642 50126 50126 952516 952516 Pt X, Line 2 FIN 48 FINANCIAL STATEMENT FOOTNOTE: Pt X, Line 2 WORLD MUSIC INSTITUTE, INC. (THE ORGANIZATION) IS EXEMPT Pt X, Line 2 FROM FEDERAL TAXES UNDER SECTION 501(C)(3) OF THE U.S. Pt X, Line 2 INTERNAL REVENUE CODE AND FROM STATE AND LOCAL TAXES Pt X, Line 2 UNDER COMPARABLE LAWS. THE ORGANIZATION ADOPTED THE Pt X, Line 2 PROVISIONS OF FASB ASC 740, INCOME TAXES, WHICH REQUIRES Pt X, Line 2 THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED Pt X, Line 2 ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO Pt X, Line 2 POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. Pt X, Line 2 THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL Pt X, Line 2 STATEMENTS INCLUDE ANY UNCERTAIN INCOME TAX POSITIONS. Pt X, Line 2 THE ORGANIZATION'S TAX RETURN FOR THE FISCAL YEAR 2014 Pt X, Line 2 AND FORWARD ARE SUBJECT TO THE USUAL REVIEW BY THE Pt X, Line 2 APPROPRIATE TAXING AUTHORITIES. BENEFIT & FUNDRAISING 34934 20227 14707 10000 325 4382 34934 20227 14707 10000 325 4382 14707 false true false Pt VI, Line 11b FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND Pt VI, Line 11b PROVIDED TO THE BOARD FOR FINAL REVIEW AND APPROVAL Pt VI, Line 11b BEFORE BEING FILED. Pt VI, Line 12c ALL OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE Pt VI, Line 12c ANNUAL INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF Pt VI, Line 12c INTERESTS. ALL DISCLOSURES OF INTERESTS ARE COMPILED Pt VI, Line 12c AND REPORTED BY MANAGEMENT TO THE FINANCE COMMITTEE. Pt VI, Line 12c THE FINANCE COMMITTEE SHALL DETERMINE IF THE RESPONSES Pt VI, Line 12c TO QUESTIONNAIRES ARE APPROPRIATE. Pt VI, Line 15a THE BOARD DETERMINES THE SALARY OF THE EXECUTIVE DIRECTOR Pt VI, Line 15a BASED UPON INDEPENDENT STUDIES AND COMPARISON WITH Pt VI, Line 15a INDUSTRY PEERS. Pt VI, Line 15b THE BOARD DETERMINES THE SALARY OF OTHER KEY EMPLOYEES Pt VI, Line 15b BASED UPON INDEPENDENT STUDIES AND COMPARISON WITH Pt VI, Line 15b INDUSTRY PEERS. Pt VI, Line 19 FINANCIAL REPORTS AND OTHER GOVERNING DOCUMENTS ARE Pt VI, Line 19 AVAILABLE UPON REQUEST. Other PAGE 7, PART VII SECTION A LINE 1: THE PAYMENT RECEIVED Other BY CYNTHIA MCVAY IS FOR AMOUNTS OWED TO HER FOR HER WORK Other AS ACTING EXECUTIVE DIRECTOR FOR THE PERIOD OF NOVEMBER Other 2014 THROUGH JULY 2015. PAYMENT HAS BEEN DELAYED IN ORDER Other TO BETTER MANAGE THE CASH FLOWS OF THE COMPANY. Form 990, Part IX, Line 24e CO-PRODUCTION EXPENSES 18506. 18506. 0. 0. Form 990, Part IX, Line 24e POSTAGE AND DELIVERY 320. 0. 320. 0. Form 990, Part IX, Line 24e EQUIPMENT RENTAL & MAINTENANCE 5676. 0. 5676. 0. Form 990, Part IX, Line 24e SUPPLIES 2791. 0. 2791. 0. Form 990, Part IX, Line 24e TELEPHONE 2641. 0. 2641. 0. Form 990, Part IX, Line 24e DUES AND SUBSCRIPTIONS 4508. 0. 4508. 0. Form 990, Part IX, Line 24e INTEREST EXPENSES 3543. 0. 3543. 0. Form 990, Part IX, Line 24e MISCELLANEOUS 2927. 0. 2927. 0.