Worlds Of Music Inc in Buffalo, Wyoming (WY)

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Worlds Of Music Inc
Employer Identification Number (EIN)830331765
Name of OrganizationWorlds Of Music Inc
In Care of NameDavid Romtvedt
Address457 N Main Street, Buffalo, WY 82834
SubsectionCharitable Organization, Educational Organization
Ruling Date08/2011
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$179,423
Amount of Income$48,269
Form 990 Revenue Amount$48,269
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Music


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Amount of income in 2012: $48,269 (it was $48,269 in 2013)
This organization: 

 $48,269
Other organizations performing similar types of work: 

 $51,420

Assets in 2012: $179,423 (it was $179,423 in 2013)
This organization: 

 $179,423
Other organizations performing similar types of work: 

 $15,938

Expenses in 2013: $27,827
Worlds Of Music Inc: 

 $27,827
Other organizations performing similar types of work: 

 $45,736

Income to expenses ratio in 2013: 1.7
This organization: 

 1.7
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 99.8%
This organization: 

 99.8%
Other organizations performing similar types of work: 

 5.6%

Financial snapshot ($)

0
40,000
80,000
120,000
160,000
200,000
2012
2013
Revenue
Assets
Expenses

Revenue for 2013

Contributions, gifts, grants, etc. (100%)
Investment income (0%)

Support schedule

Gifts, grants and membership fees received (100%)
Gross income from interest etc. (0%)
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$18,632$48,269
Contributions, gifts, grants, and similar amounts received$18,456$48,193
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Investment income$176$76
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$14,376$27,827
Total net assets$158,981$179,423
Excess/Deficit for the year$4,256$20,442
Net assets or fund balances at beginning of year$154,725$158,981
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$158,981$179,423
Balance Sheets
20122013
Total assets$158,981$179,423
Total liabilities$0$0
Net assets or fund balances$158,981$179,423
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$295,881
Subtotal Support$295,881
Gifts, grants, contributions, and membership fees received$295,881
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$296,150
Public Support$295,881
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$269
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
Id ↑NameAddressStateEstablishedTotal Income
1Newport Festivals Foundation IncPO BOX 650, Essex, MA 01929-0012MA2011-08$7,826,422
2Friends Of Jazz St Louis3536 Washington Ave, Saint Louis, MO 63103-1019MO2014-08$3,765,405
3Music Doing Good Inc4203 Yoakum Blvd Ste 200, Houston, TX 77006-5455TX2010-09$2,099,604
4Berkeley Music Group1300 Clay St, Oakland, CA 94612-1425CA2013-09$1,573,868
5Consortium Mmt22 North Front St No 2nd Fl, Memphis, TN 38103-2162TN2014-02$1,254,059
6Big Joe Duskin Music Educational FoC/O William R Hulsizer, Loveland, OH 45140OH2008-01$1,226,113
7Play On Philly1830 Rittenhouse Sq Apt 16b, Philadelphia, PA 19103-5843PA2012-09$1,168,319
8Young Musicians IncPO BOX 394, Evanston, WY 82931-0394WY1998-12$135,027
9Original Oystergrass IncPO BOX 424, Kemmerer, WY 83101-0424WY2006-06$116,483
10Lander Community Concert AssociationPO BOX 647, Lander, WY 82520-0647WY2001-06$111,830
11Jackson Hole Music ExperiencePO BOX 2730, Jackson, WY 83001-2730WY2005-01$102,000
12Worlds Of Music Inc457 N Main Street, Buffalo, WY 82834WY2011-08$48,269
13Wyoming Blues And Jazz SocietyPO BOX 1643, Evansville, WY 82636-1643WY2001-02$29,883
14Jackson Hole Cowboy JubileePO BOX 1455, Jackson, WY 83001-1455WY2007-12$425
15Fremont County Orchestra, Fremont Symphony Orchestra28 Pheasant Run Dr, Lander, WY 82520WY2010-07$0
16Jazz Foundation Of Jackson HolePo Box 12116, Jackson, WY 83002WY2007-09$0
17Star Valley Arts CouncilPo Box 820, Thayne, WY 83127WY2000-05$0
18Wyoming Conservatory Of Music151 Corthell Rd, Laramie, WY 82070-4825WY2004-11$0
19Wyoming Jazz Educators308 Goldenrod Dr, Rock Springs, WY 82901WY2015-04$0
20Wyoming Pipe & Drum BandPo Box 514, Upton, WY 82730WY2008-12$0
Number of organizations performing similar types of work
Alaska8
Alabama45
Arkansas34
Arizona71
California623
Colorado120
Connecticut80
District of Columbia27
Delaware16
Florida242
Georgia110
Hawaii32
Iowa43
Idaho20
Illinois172
Indiana68
Kansas32
Kentucky44
Louisiana60
Massachusetts171
Maryland92
Maine33
Michigan156
Minnesota109
Missouri75
Mississippi23
Montana20
North Carolina111
North Dakota7
Nebraska26
New Hampshire23
New Jersey121
New Mexico43
Nevada29
New York466
Ohio125
Oklahoma33
Oregon102
Pennsylvania158
Rhode Island10
South Carolina59
South Dakota12
Tennessee84
Texas299
Utah38
Virginia128
Vermont23
Washington173
Wisconsin87
West Virginia26
Wyoming13
International8
Total4,730

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