What the amendment changed
Compared with the return it replaced , filed 7 November 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total expenses
- $48,332 changed to $47,660
- Total assets, end of year
- $0 changed to $672
- Net assets or fund balances, end of year
- $0 changed to $672
- Program service expenses (Part III)
- $23,974 changed to $23,659
Totals
- Total revenue
- $48,332
- Total expenses
- $47,660
- Contributions and grants received
- $42,754
- Grants paid
- $0
- Program service revenue
- $5,578
- Membership dues (line 3)
- $0
- Investment income (line 4)
- $0
- Gain or loss on sale of assets (line 5c)
- $0
- Gaming and fundraising events, net (line 6d)
- $0
- Gross profit on inventory sales (line 7c)
- $0
- Other revenue (line 8)
- $0
- Total assets, end of year
- $672
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $672
- Program service expenses (Part III)
- $23,659
Program services were 49.6% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2023
Primary exempt purpose
World Builders Incubator (WBI) is a Nonprofit Public Benefit Corporation and is organized for charitable purposes under section 501(c)(3) of the Internal Revenue Code, or corresponding sections of any future federal tax code; and within such limits, educates creatives and the public about social and environmental solutions through the provision of educational information and the development of solutions-focused arts and entertainment in order to deepen understanding, unify collective expectations, and speed the pace of progress.
-
Coalition: The World Building Council is the braintrust, talent bank, and network for the organization. The coalition grew from 0 to 90 members who provided 72 hours of network connections, and expert input for program design & organizational development. During this tax period, WBI created an online hub for coalition communication and involvement.
Expenses $11,790
-
Education: The Wheel of Possibilities and Actions Library are WBI's free online educational resources that provide social and environmental solutions from experts around the world. With 26 hours of input from the coalition, WBI conceived, designed, and planned these ground-breaking educational tools.
Expenses $6,148
-
Entertainment: our 2-year "Story Arc" process develops solutions-inspired mass-market entertainment in all genres of fiction and mediums (tv, film, books, video games, plays, etc.) With 36 hours of expert input and best practices from the coalition, WBI created detailed plans and procedures for this field-leading entertainment development program and began a beta-test of how best to implement our tailored support.
Expenses $5,721
As filed on the 2023 return.
Listed in Part IV
-
Gwendolyn Loeb
C.E.O. and President
- Total calculated
- $20,818
- Compensation
- $20,818
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 40
-
Julia Shirley-Quirk
C.O.O., Secretary, and Treasurer
- Total calculated
- $15,614
- Compensation
- $15,614
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 40
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2023
- Filed
- 7 November 2024
- IRS schema version
- 2023v6.0
- Source object
- 202520999349200727
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.