WORLD MUSIC PRODUCTIONS (EIN 521490194) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Phone

7183982733

Tax Period

2023-10-01 to 2024-09-30

WORLD MUSIC PRODUCTIONS, founded in 1986, is a small nonprofit in the Arts, Culture & Humanities sector that reported $337K in total revenue in fiscal year 2023. Expenses of $325K left a modest 4% surplus.

Mission

World Music Productions, Inc. ("the Organization") doing business as Afropop Worldwide is a not-for-profit 501(c)(3) organization. World Music Productions is operating in New York. The Organization is devoted to promoting recognition and enjoyment of African, Caribbean, Latin American and Arab musical cultures. It fulfills this mission primarily through its weekly public radio program, Afropop Worldwide, and the information and entertainment services it offers through www.afropop.org.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $301,162

Program Service Revenue $35,418

Investment Income $0

Other Revenue $0

TOTAL REVENUE $336,580

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,216

Fundraising Expenses $26,786

Program Expenses $238,399

Other Expenses $217,396

TOTAL EXPENSES $324,612

Year-over-Year Comparison

	2023	2022	Change
Revenue	$336,580	$353,185	0.0%
Expenses	$324,612	$317,178	+0.0%
Net Income	$11,968	$36,007	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$21,000

Total Directors

$21,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN BARLOW	Executive Dir.	40.00	Officer Director	$21,000	$0	$21,000
SAMUEL CONNER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
KOFI DABANKA	BOARD MEMBER	1.00	Director	$0	$0	$0
BANNING EYRE	Secretary	1.00	Officer Director	$0	$0	$0
RACHID AADNANI	PROGRAM DIR.	2.00	Officer Director	$0	$0	$0
ANGELIQUE KIDJO	BOARD MEMBER	1.00	Director	$0	$0	$0
YOUSSOU N'DOUR	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$336,580	$324,612	$122,155	$11,968
2023	$353,185	$317,178	$209,170	$36,007
2022	$226,690	$228,063	$53,508	$-1,373
2021	$222,895	$212,984	$53,815	$9,911
2019	$228,974	$220,388	$26,733	$8,586
2018	$268,373	$296,263	$164,704	$-27,890

WORLD MUSIC PRODUCTIONS