Manhattan Beach, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOUNDATION FOR WORLD ARTS, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $114K in total revenue in fiscal year 2025. Revenue fell 32% from the prior year — a significant decline worth monitoring.
Foundation for World Arts is a Los Angeles based dedicated to presenting public concerts/events featuring international and diverse USA artists. We nurture cultural exchange, tolerance, understanding, and education by representing our multicultural world. Over the years, the Foundation has brought together tens of thousands of people of diverse ethnic, religious and cultural backgrounds by presenting performing artists of from Asia, Africa, Europe, Pacific Islands and the Middle East. The World Festival of Sacred Music-Los Angeles 1999-2011 launched our efforts. In 2011 we toured 36 island peoples to perform in 15 University and Public theaters across the USA. In 2014-2017 FWA began a new partnership with the Japanese American Cultural and Community Center, the ARATANI WORLD SERIES (AWS) a world concert series. Since 2007 to the present FWA has toured Gamelan Cudamani in the USA and organized study programs in Bali. In 2020- present we offer grant support for Cudamani Educatio program.
FWA provides core support for Cudamani Education program. With enrollments of 350 students age 6-19 we support 18 classes of gamelan and dance each week. FWA grants offer direct support of the...
FWA provides core support for Cudamani Education program. With enrollments of 350 students age 6-19 we support 18 classes of gamelan and dance each week. FWA grants offer direct support of the teaching staff. A total of 18 teachers offer classes at the highest professional level. Our grants support the core administrative staff that manage classes, coordinate faculty, organize special student recitals and other special events. While teaching facilities are provided by gamelan Cudamani, FWA support insures the maintenance of facilities, replacement and repair of instruments, and the purchase of dance costumes. Repair and rennovation of facilities insure teaching space is safe and well maintained .
FWA provided administration and financial oversight of the two week 2024 Cudamani Summer Institute. International students (musicians, teachers, university students, etc.) studied with Bali's finest...
FWA provided administration and financial oversight of the two week 2024 Cudamani Summer Institute. International students (musicians, teachers, university students, etc.) studied with Bali's finest teachers, participated in community events, and performed for village temple ceremony.
Direct expenses misc. FWA is a volunteer organization with no paid USA staff. Administration of Foundation for World Arts included: website design and maintenance; marketing and public information...
Direct expenses misc. FWA is a volunteer organization with no paid USA staff. Administration of Foundation for World Arts included: website design and maintenance; marketing and public information for program, financial management of funds, and long range planning for future projects. Support of Gamelan Cudamani over and above CSI and the school include instrument maintenance, costume purchases, facilities maintenance, misc costs for community functions,
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $113,852 | $167,239 | -0.3% |
| Expenses | $118,367 | $75,405 | +0.6% |
| Net Income | $-4,515 | $91,834 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Judith Mitoma | President | 25 |
Officer
|
$0 | $0 | $0 |
| Andrew Beath | Treasurer | 0.5 |
Officer
|
$0 | $0 | $0 |
| Jodie Evans | Secretary | 0.5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $113,852 | $118,367 | $180,434 | $-4,515 |
| 2024 | $167,239 | $75,405 | $184,949 | $91,834 |
| 2023 | $125,735 | $63,400 | $93,105 | $62,335 |
| 2019 | $145,745 | $133,309 | $71,301 | $12,436 |
| 2018 | $192,572 | $179,611 | $58,865 | $12,961 |
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