Nonprofit · EIN 85-0572762
RISING STAR WORLD FOUNDATION
Tax-exempt · CORAL GABLES, FL 33134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $42,941 | $71,129 | -$28,188 | $131,654 | $3,867 | $127,787 |
| December 31, 2024 | 990 | $117,325 | $181,701 | -$64,376 | $151,161 | $0 | $151,161 |
| December 31, 2023 | 990 | $299,080 | $238,591 | $60,489 | $215,537 | $0 | $215,537 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $42,941
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $43,567
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,000
- Depreciation
- $12,939
- Program services (functional)
- $71,129
Balance sheet and other
- Total assets, start of year
- $151,161
- Total assets, end of year
- $131,654
- Total liabilities, end of year
- $3,867
- Net assets, end of year
- $127,787
- Land, buildings and equipment
- $25,877
- Net assets without donor restrictions
- $127,787
- Gross receipts
- $42,941
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2020
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Rodney Rett | President Trustee or director, Officer | 1 | $0 | $275,000 |
| Wayne Smith | Vice President Trustee or director, Officer | 0 | $0 | $219,615 |
| Minerva Mesa-Perez | Secretary-Treasurer Trustee or director, Officer | 1 | $0 | $122,500 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| PHILIP S MASTERS | DIRECTOR Trustee or director | 1 | $0 | $2,676,789 |
| RODNEY RETT | PRESIDENT Trustee or director, Officer | 1 | $0 | $266,250 |
| WAYNE SMITH | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $123,019 |
| MINERVA MESA-PEREZ | SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 | $103,231 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| PHILIP S MASTERS | DIRECTOR Trustee or director | 1 | $0 | $3,510,275 |
| RODNEY RETT | PRESIDENT Trustee or director, Officer | 1 | $0 | $286,654 |
| WAYNE SMITH | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $119,038 |
| MINERVA MESA-PEREZ | SECRETARY-TREASURER Trustee or director, Officer | 1 | $0 | $93,462 |
Address and contacts
- Address (IRS master file)
- 1077 PONCE DE LEON BLVD, CORAL GABLES, FL 33134-3319
- In care of
- % RISING STAR WORLD FDTN C
- Principal officer (990 for 2025)
- RODNEY RETT, 1077 Ponce De Leon Boulevard, Coral Gables, FL 33134
- Signed the 990
- RODNEY RETT, President
- Phone
- (305) 445-9645
- Website
- https://therisingstar.org/
- Return prepared by
- BDO USA
Mission
THE ACTIVITY OF RISING STAR IS TO PROVIDE INDIVIDUALS WITH GRANTS TO ATTEND WORLDWIDE DANCE COMPETITIONS OR TO FUND COSTS TO OPEN AUDITION. GRANTS FOR INDIVIDUALS WHO SEEK BUSINESS TRAINING IN THE FIELD OF THE ARTS. GRANTS WILL ALSO BE PAID TO ORGANIZATIONS OPERATING DANCE
Program accomplishments
- PROMOTION OF DANCE COMPETITIONS OR ASSISTANCE TO DANCERS FOR VARIOUS PURPOSES WITH THE EXPECTATION THAT DANCE CAN BE PROMOTED AS AN ART FORM AND AS A FORM OF PHYSICAL SPORT COMPETITION.Expenses $36,517 · grants $22,367
- SUPPORT OF ORGANIZATIONS AND DANCERS THROUGH ASSISTANCE WITH CASH PRIZES TO ORGANIZATIONS OPERATING DANCE COMPETITIONS AND SCHOLARSHIPS TO INDIVIDUALS SEEKING BUSINESS AND/OR CLASSICAL TRAINING IN THE ARTS.Expenses $34,612 · grants $21,200
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0572762
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A62)
- Assets (IRS master file)
- $131,654
- Income (IRS master file)
- $42,941
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $42,941 | $71,129 | $131,654 | XML |
| 990 | December 2024 | $117,325 | $181,701 | $151,161 | IRS |
| 990 | December 2023 | $299,080 | $238,591 | $215,537 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-0572762).
Questions about RISING STAR WORLD FOUNDATION
- What is the EIN of RISING STAR WORLD FOUNDATION?
- The employer identification number (EIN) of RISING STAR WORLD FOUNDATION is 85-0572762.
- Is RISING STAR WORLD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to RISING STAR WORLD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RISING STAR WORLD FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of RISING STAR WORLD FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISING STAR WORLD FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of RISING STAR WORLD FOUNDATION?
- The 990 for the year ended December 31, 2025 names RODNEY RETT.
- Who are the officers and directors of RISING STAR WORLD FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does RISING STAR WORLD FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $42,941, expenses of $71,129 and total assets of $131,654 at year end.
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