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WORLD MUSIC FOUNDATION

CHICAGO, Illinois, 60626

EIN: 46-1109174

Arts, Culture and Humanities

MISSION

DEMOGRAPHIC

ADDRESS
6427 N MAGNOLIA AVE
60626
COUNTY
cook county, IL
IN CARE OF NAME
JOHN GARDNER

ORGANIZATIONAL OVERVIEW & RANKINGS

WORLD MUSIC FOUNDATION is a based in CHICAGO, IL, focused on Arts, Culture and Humanities causes , specifically Arts, Cultural Organizations - Multipurpose. Established in August 2015, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $18,515.00, this ranks 659,328 among 2,656,690 nonprofits nationally (Top 25%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 27,854 out of 106,037 organizations in IL (Top 27%).

In cook county, IL, the organization ranks 13,056 out of 46,103 nonprofits by assets (Top 29%), while locally in chicago, it stands at 8,645 among 28,197 organizations (Top 31%).

The organization reported annual revenue of $79,569.00, ranking 430,321 nationally (Top 17%) and 16,675 in IL (Top 16%).

Within its specific NTEE classification (A20 - A: Arts, Culture and Humanities), which includes 16,560 similar organizations, WORLD MUSIC FOUNDATION ranks 2,829 in assets (Top 18%) and 2,032 in revenue (Top 13%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2015 and was reinstated on July 15, 2015 .

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A20: Arts, Cultural Organizations - Multipurpose
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A past revocation appears on the IRS revocation list
Revoked: Friday, May 15, 2015;
Reinstated: Wednesday, July 15, 2015
Data current as of Oct. 2024
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$79,569.00
FORM 990 REVENUE AMOUNT
$79,569.00
RULING DATE
08/2015
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$18,515.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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