2017-11-01T11:53:44-04:00 2017-06-30 431968600 MOCERA VISCONTI & COMPANY CPAS LLP 400 W CUMMINGS PARK STE 6850 WOBURN MA 018016511 990 2016-07-01 223036665 WORLD MUSIC INC WORL 6178764275 720 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 MAURE ARONSON EXECUTIVE DIRECTOR 6178764275 2017-10-18 true JAMES J MOCERA CPA P00240505 7819330360 2017-11-01 4EF73A38FF1422C5BA073AE58ED93B15922B777F 5BD8594A16B04DC4CD1DF51397457FFD33A1B1FF 2016 2021-01-29 14:40:06Z MAURE ARONSON 720 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 2257670 false 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. 8 7 10 30 0 294679 909798 1421824 1346380 67 1351 -4 141 1716566 2257670 0 0 649184 667758 0 143932 1610019 1491387 2259203 2159145 -542637 98525 690576 860566 208271 279736 482305 580830 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. false false 1653488 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. 1653488 true true false false false false false false false true true false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 28 0 true 10 true false false false false false false X 8 7 false false false false false false false true true false false true true true true true true true false false MA X MAURE ARONSON WORLD MUSIC INC WORLD MUSIC INC 6178764275 720 MASS AVENUE CAMBRIDGE MA 02139 X ALAN GEISMER BOARD MEMBER 1.00 X 0 0 0 EDITH JOYCE TREASURER 1.00 X X 0 0 0 RONNIE FUCHS BOARD MEMBER 1.00 X 0 0 0 NAGESH MAHANTHAPPA CHAIRMAN 1.00 X X 0 0 0 PAMELA CORAVOS SECRETARY 1.00 X X 0 0 0 ERIC KLOTCH BOARD MEMBER 1.00 X 0 0 0 JAMIE JAFFEE BOARD MEMBER 1.00 X 0 0 0 MAURE ARONSON EXECUTIVE DI 40.00 X 221004 0 5525 221004 5525 1 false true false 15700 894098 909798 TICKET SALES 1247582 1247582 TICKET SALES SERVICE FEES 69082 69082 MISC. INCOME 19716 19716 CONTRACTED SERVICES 10000 10000 1346380 1351 1351 OTHER REVENUE 141 141 141 2257670 1346521 1351 X 221004 110502 66301 44201 351871 175936 105561 70374 10938 5469 5196 273 40644 20322 16257 4065 43301 21651 17320 4330 6546 6546 53213 26606 26607 2028 2028 ARTIST FEES 615499 615499 PRODUCTION COSTS 395761 395761 ADVERTISING 109201 109201 CONSULTING 82107 82107 227032 90434 115909 20689 2159145 1653488 361725 143932 49544 73968 469793 651388 131700 83807 35784 47303 62631 58531 3755 4100 690576 860566 106894 140258 101377 139478 208271 279736 X 350605 344430 131700 236400 482305 580830 690576 860566 98525 X false true X true false X 135696 156059 1379290 294679 909796 2875520 1197243 1155055 1322223 1421820 1346380 6442721 1332939 1311114 2701513 1716499 2256176 9318241 9318241 24 22 26 67 141 280 24 22 26 67 141 280 1332963 1311136 2701539 1716566 2256317 9318521 1.00000 1.00000 0.00000 0.01000 X false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 131700 712430 607730 236400 854600 113860 836760 131700 18500 889600 53500 854600 18000 36500 36000 18500 29500 12600 24100 18000 1.00000 false false 62631 58531 4100 4100 X 2257670 2257670 2257670 2159145 2159145 2159145 SCHEDULE D, PAGE 2, PART V, LINE 4 USAGE IN ACCORDANCE WITH DONOR IMPOSED RESTRICTIONS. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS REQUIRED TO COMPLETE AND TIMELY FILE AN ANNUAL INFORMATION RETURN WITH THE INTERNAL REVENUE SERVICE AND THE COMMONWEALTH OF MASSACHUSETTS. THE ORGANIZATION HAS EITHER FILED OR EXTENDED THE TIME TO FILE THE ANNUAL INFORMATION RETURNS AND HAS NEITHER RECEIVED NOR BEEN NOTIFIED BY ANY FEDERAL OR STATE TAXING AUTHORITIES OF ANY MATTERS THAT WOULD NEED TO BE DISCLOSED IN THE ACCOMPANYING FINANCIAL STATEMENTS. INCOME TAXES ARE ACCOUNTED FOR IN ACCORDANCE WITH ASC 740, "INCOME TAXES". ASC 740 CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING A MINIMUM PROBABILITY THRESHOLD THAT A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT BENEFIT IS RECOGNIZED. AS OF JUNE 30, 2017, 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 YEAR ENDED JUNE 30, 2017. TYPICALLY, THE ORGANIZATION'S THREE PRECEDING TAX YEARS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. THERE ARE NO INCOME TAX EXAMINATIONS CURRENTLY IN PROCESS. 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. X false false false false false false false false false MAURE ARONSON EXECUTIVE DIRECTOR 221004 5525 226529 FORM 990, PAGE 6, PART VI, LINE 11B THE GOVERNING BOARD REVIEWS FORM 990 FOR ANY ERRORS OR OMISSIONS AND VERIFIES INFORMATION AND CONSISTENCY WITH AUDITED FINANCIAL STATEMENTS, ACCOUNTING RECORDS AND OTHER DOCUMENTS MAINTAINED BY THE ORGANIZATION. FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 15A BOARD MEMBERS EVALUATE EXECUTIVE DIRECTOR PERFORMANCE ANNUALLY AND DETERMINE SALARY AND BONUS COMPENSATION. FORM 990, PAGE 6, PART VI, 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 24E OTHER MISCELLANEOUS EXP 0 64,859 16,603 MARKETING PRINTING 58,968 0 0 MARKETING POSTAGE 31,466 0 0 BANK FEES 0 20,920 0 ADMIN OFFICE SUPPLIES 0 11,638 0 POSTAGE & DELIVERY 0 7,112 4,086 TELEPHONE 0 4,868 0 DUES & SUBSCIPTIONS 0 3,369 0 INSURANCE 0 2,518 0 REPAIR MAINTENANCE 0 625 0 TOTAL 90,434 115,909 20,689