Overview
What is World Music Inc?
World Music Inc, also known as Global Arts Live, is a nonprofit organization situated in Cambridge, Massachusetts. With a team of 20 dedicated individuals, their primary mission is to bridge the gap between various cultural and artistic disciplines. By hosting a multi-disciplinary performing arts series, they connect performing artists from around the world with the diverse communities of greater Boston. This initiative aims to foster a sense of unity and appreciation for diverse artistic expressions, thereby promoting cultural understanding and inclusivity.
Official website here: www.worldmusic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
World Music Inc has achieved an impressive 97% score from Charity Navigator, which reflects its strong commitment to accountability and financial management. The entire rating derives from the Accountability & Finance category, indicating the nonprofit's robust practices in these areas. This high score suggests that donors can trust the organization to manage its resources effectively and responsibly.
The organization's strengths lie in its governance and financial oversight, boasting a fully independent board and thorough financial reporting practices. All metrics related to financial oversight, such as the absence of material asset diversions and comprehensive conflict of interest policies, received top scores. Additionally, the nonprofit shows a strong program expense ratio, indicating that a significant portion of its funding is directed towards its mission.
However, there is a noted concern regarding its fundraising efficiency, which received a low score. This may suggest that while the organization effectively utilizes funds, its fundraising strategies may require improvement to ensure a more sustainable financial model. Overall, the positive aspects of World Music Inc greatly outweigh the limitations, making it a highly regarded nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator.
Is World Music Inc legitimate?
World Music Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Music Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $655,288
For more financial information, click here
Official website here: www.worldmusic.org
What is the mission statement of World Music Inc?
World Music Inc, through its mission, aims to bridge the gap between diverse performing artists from various cultures and disciplines, and the multifaceted communities within greater Boston. By presenting a multi-disciplinary performing arts series, World Music Inc fosters cultural connections and promotes understanding and appreciation of various artistic expressions. This initiative serves as a platform for artists and communities to engage with one another, thereby enriching the cultural landscape of the area.
Official website here: www.worldmusic.org
Who is the CEO of World Music Inc?
Constance Chin is the Board Member of World Music Inc. The CEO's salary of World Music Inc is $189,000 and their total compensation is $189,000.
Official website here: www.worldmusic.org
What is the revenue of World Music Inc?
World Music Inc's revenue in 2022 was $2,657,568.
Official website here: www.worldmusic.org
Who are the executives of World Music Inc and what are their salaries?
The average compensation at World Music Inc during 2022 was $32,764. There are 20 employees at World Music Inc.
Here are 10 key members and their salaries (World Music Inc's CEO's salary is $189,000 and their total compensation is $189,000):
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- Compensation: $196,244
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- Other: $9,812
- Compensation: $189,000
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- Other: $0
Official website here: www.worldmusic.org
Where can I find the form 990 for World Music Inc?
World Music Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.worldmusic.org
Learn more at the official website: www.worldmusic.org
Mission Statement of World Music Inc
World Music Inc, a renowned organization, is dedicated to bridging the gap between various performing artists from diverse cultures and disciplines, and the diverse communities of greater Boston. Its mission is to present a multi-faceted and culturally rich performing arts series. By connecting these artists with their audience, World Music Inc fosters a sense of unity and understanding, promoting cultural exchange and appreciation. This mission is carried out by World Music Inc, which serves as a platform for artists to showcase their talents and for the community to engage with a wide range of cultural expressions.
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Impact
October, 2024
World Music Inc significantly enriches the cultural landscape of greater Boston through its dynamic and diverse performing arts series. By presenting a multi-disciplinary array of performances that highlight artists from various cultures, it fosters a deeper appreciation for global artistic expressions within local communities.
This initiative not only showcases the richness of cultural traditions but also encourages intercultural dialogue and understanding, allowing audiences to experience the vibrant tapestry of global art forms. Through its programming, World Music Inc promotes accessibility to the arts, bringing together diverse groups and breaking down cultural barriers. Its impact is felt not just in the performances themselves but also in the collaborative spirit it nurtures among artists and audience members alike, contributing to a more inclusive and culturally aware society.
This information is meant to be a general summary of World Music Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,472
- Program Service Revenue: $621,858
- Gross Receipts: $2,657,568
Assets and Liabilities:
- Total Assets: $1,832,037
- Total Liabilities: $271,798
- Net Assets: $1,560,239
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ticket sales
Revenue
$576,197
Ticket sales service f
Revenue
$40,062
Misc. Income
Revenue
$5,599
Organization Details
Founding Year
1990
Phone
(617) 876-4275Principal Officer
Constance Chin
Main Address
720 Massachusetts Avenue, Cambridge, MA, 02139
Website
www.worldmusic.orgNTEE Category
Code: A610 - Arts
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