Words Beats And Life Inc
- Assets
- $433.9k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 01/2004
- Data as of
- 08/2023
- EIN
- 27-0062812
Organization Overview
Words Beats And Life Inc is located in Washington, DC. The organization was established in 2004. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Words Beats And Life Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Words Beats And Life Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $1.8m during the year ending 08/2023. While expenses have increased by 17.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WORDS BEATS AND LIFE IS DC'S LONGEST RUNNING, DOPEST HIP-HOP BASED ARTS EDUCATIONAL NONPROFIT. AS A SET OF CULTURAL PRACTICES AND ART FORMS WITH A GLOBAL REACH, HIP-HOP HAS DEMONSTRATED ITS POWER TO TRANSFORM THE LIVES OF YOUNG PEOPLE AROUND THE WORLD AND RIGHT HERE IN DC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR ARTS EDUCATION PROGRAMMING EXPOSES STUDENTS TO NEW KNOWLEDGE, TECHNIQUES AND METHODS, AS WELL AS PROVIDES OPPORTUNITIES TO GROW THEIR KNOWLEDGE AND NETWORK THROUGH ALTERNATIVE WINTER AND SPRING BREAK ACTIVITIES. WE ALSO PROVIDE OPPORTUNITIES FOR YOUNG ARTISTS TO PRACTICE WHAT WE TEACH THROUGH PERFORMANCES, AND PUBLIC ART MAKING, AS WELL AS ENCOURAGING THESE STUDENTS TO MANAGE THEIR OWN PROJECTS AND EVENTS BY PARTICIPATING IN OUR ARTS MANAGEMENT PROGRAM. OUR WORK IN SCHOOLS HAS BEEN WITH YOUNG PEOPLE IN MIDDLE SCHOOL, HIGH SCHOOL AND COLLEGE, WITH PARTICIPANTS RANGING FROM 12-22. IN COMMUNITY CONTEXTS, WE WORK WITH PEOPLE AS YOUNG AS 10 AND WITH ADULTS 23 AND OLDER. DESPITE POPULAR MISUNDERSTANDINGS ABOUT OUR CULTURE, HIP-HOP IS LIKELY CREATED, PARTICIPATED IN, AND CELEBRATED BY THE MOST DIVERSE SET OF PEOPLE IN TERMS OF AUDIENCES, PRACTITIONERS, SUPPORTERS, AND CONSUMERS. OUR TEACHERS, STUDENTS, AUDIENCES, AND SELECTED MASTER ARTISTS ARE DIVERSE NOT JUST RACIALLY, ETHNICALLY, RELIGIOUSLY, AND ECONOMICALLY BUT ALSO IN TERMS OF AGE, GENDER, ORIENTATION, AND ABILITY STATUS. PROGRAMS INCLUDE THE WBL ACADEMY, LIKE A BOSS: ARTS MANAGEMENT PROGRAM, WALK IT LIKE I TALK IT, ENTREPRENEURSHIP PROGRAM. FINALLY WE HAVE OUR COLLEGE AND CAREER MENTORSHIP PROGRAM CALLED COLLEGE MATERIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamila Sams Chair | OfficerTrustee | 3 | $0 |
Kenysha Bartee First Vice Chair | OfficerTrustee | 2 | $0 |
Ptosha Davis Second Vice Chair | OfficerTrustee | 2 | $0 |
Elaine Kennedy Treasurer | OfficerTrustee | 2 | $0 |
Naima Mcintosh Secretary | OfficerTrustee | 2 | $0 |
Folosade Omogun Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $813,182 |
| All other contributions, gifts, grants, and similar amounts not included above | $580,130 |
| Noncash contributions included in lines 1a–1f | $371,720 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,393,312 |
| Total Program Service Revenue | $545,583 |
| Investment income | $288 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,939,183 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,000 |
| Compensation of current officers, directors, key employees. | $22,944 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,867 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,495 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $57,197 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,045,442 |
| Advertising and promotion | $154,116 |
| Office expenses | $85,369 |
| Information technology | $5,966 |
| Royalties | $0 |
| Occupancy | $40,669 |
| Travel | $61,817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,325 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,238 |
| Insurance | $20,794 |
| All other expenses | $20,893 |
| Total functional expenses | $1,826,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,791 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $268,875 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $113,257 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $433,923 |
| Accounts payable and accrued expenses | $44,641 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $79,912 |
| Other liabilities | $0 |
| Total liabilities | $124,553 |
| Net assets without donor restrictions | $206,725 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $433,923 |