WORLD CUBE ASSOCIATION

EIN: 823825954 501(c)(3) Recreation & Sports

Los Angeles, CA

Total Revenue
$721,545
Total Expenses
$475,003
Total Assets
$796,309
Net Assets
$794,568
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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
Raymond Goslow
Phone
8056016023
Tax Period
2024-01-01 to 2024-12-31

WORLD CUBE ASSOCIATION, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $722K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $247K, a strong 34% operating margin.

Mission

The World Cube Association governs competitions for mechanical puzzles that are operated by twisting groups of pieces, commonly known as twisty puzzles. The most famous of these puzzles is the Rubiks Cube, invented by professor Rubik from Hungary. A selection of these puzzles are chosen as official events of the WCA.

Program Service Accomplishments

Program 1
Expenses: $333,553 Revenue: $721,545

Our goals - The World Cube Association wants to bring opportunities for community membership and leadership to young people around the world through increasing the accessibility of our twisty puzzle...

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Our goals - The World Cube Association wants to bring opportunities for community membership and leadership to young people around the world through increasing the accessibility of our twisty puzzle competitions. The World Cube Association has had over 200,000 unique competitors across 158 different regions and we are not planning on slowing down anytime soon The cubing community has been growing steadily since our founding in 2004 and we want to encourage this to continue into the future by increasing the accessibility of competitions to new areas. In the future, we hope to support our community even more through collaborations and outreach to those who care about puzzles. Every two years, we sanction the competition that ultimately determines the world champion. These events require extremely careful planning by a number of volunteers, as well as a large financial commitment to reserve the venue and make necessary preparations.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,089
Program Service Revenue $699,399
Investment Income $7,279
Other Revenue $-222
TOTAL REVENUE $721,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $333,553
Other Expenses $475,003
TOTAL EXPENSES $475,003

Year-over-Year Comparison

2024 2023 Change
Revenue $721,545 $641,120 +0.1%
Expenses $475,003 $235,595 +1.0%
Net Income $246,542 $405,525 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
672

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
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ETHAN PRIDE CHAIR/EXE DIR 020.00
Officer Director
$0 $0 $0
BLAKE THOMPSON SECRETARY 020.00
Officer Director
$0 $0 $0
KERRIE JARMAN VICE CHAIR 020.00
Officer Director
$0 $0 $0
NICK SILVESTRI VICE CHAIR 020.00
Officer Director
$0 $0 $0
RAYMOND GOSLOW TREASURER 010.00
Officer
$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 $721,545 $475,003 $796,309 $246,542
2023 $641,120 $235,595 $548,026 $405,525
2022 $352,933 $257,722 $142,501 $95,211
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