Vermont Council On World Affairs Inc
- Assets
- $140.7k
- Revenue
- $304.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, VT
- Founding
- 02/1955
- Data as of
- 09/2021
- EIN
- 03-6010787
Organization Overview
Vermont Council On World Affairs Inc is located in Burlington, VT. The organization was established in 1955. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Council On World Affairs 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 09/2021, Vermont Council On World Affairs Inc generated $304.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $230.0k during the year ending 09/2021. While expenses have increased by 9.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE VERMONT COUNCIL ON WORLD AFFAIRS IS TO PROMOTE AWARENESS AND UNDERSTANDING OF THE WORLD AND ITS PEOPLE, PLACES AND CULTURES THROUGH EDUCATION AND ENGAGEMENT. THE FUTURE OF VERMONT DEPENDS UPON THE WORLD BEYOND OUR BORDERS. THE VERMONT COUNCIL ON WORLD AFFAIRS, IN COOPERATION WITH THE PUBLIC AND PRIVATE SECTORS, PROMOTES AN AWARENESS AND UNDERSTANDING OF THE WORLD AND ITS PEOPLE THROUGH PUBLIC FORUMS, HOSTING INTERNATIONAL VISITORS AND WORKING WITH OUR EDUCATIONAL INSTITUTIONS TO DEVELOP PROGRAMS FOR STUDENTS, FACULTY, STAFF AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL TOURS IS A PROGRAM TO ALLOW STUDENTS AND OTHERS TO TRAVEL TO VARIOUS COUNTRIES AND LEARN ABOUT OTHER CULTURES AND GOVERNANCE.THE OPEN WORLD PROGRAM IS A PROGRAM SUPPORTED BY THE US CONGRESS THAT PROMOTED LEADERSHIP AND ACCOUNTABLE GOVERNANCE AMONG KEY EMERGING LEADERS IN THE FORMER SOVIET COUNTRIES AND EASTERN EUROPE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabriella Kaes Secretary | OfficerTrustee | 0.25 | $0 |
Tim Cope Treasurer | OfficerTrustee | 0.25 | $0 |
Peter Clavelle Vice-Chair | OfficerTrustee | 0.25 | $0 |
Edward Mcmahon Chair | OfficerTrustee | 0.25 | $0 |
Patricia Preston Executive Director | Officer | 40 | $0 |
Lauren Dees-Erickson Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,687 |
| Fundraising events | $13,042 |
| Related organizations | $0 |
| Government grants | $170,001 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,137 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $209,867 |
| Total Program Service Revenue | $104,820 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$13,622 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $304,891 |
| 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. | $51,168 |
| Compensation of current officers, directors, key employees. | $5,558 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $107,440 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,525 |
| Payroll taxes | $10,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,460 |
| Advertising and promotion | $0 |
| Office expenses | $13,106 |
| Information technology | $3,539 |
| Royalties | $0 |
| Occupancy | $810 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,759 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $18,558 |
| Total functional expenses | $230,022 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,978 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,673 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $140,651 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,000 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,000 |
| Net assets without donor restrictions | $139,651 |
| 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 | $140,651 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Vermont Council On World Affairs Inc has recieved totaling $38,603.
| Awarding Organization | Amount |
|---|---|
Meridian International Center Washington, DC PURPOSE: PROGRAM SUPPORT | $28,592 |
Vermont Humanities Council Montpelier, VT PURPOSE: GENERAL PURPOSE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asia Society New York, NY | $142,731,939 | $32,268,981 |
Alliance For Open Society International Inc New York, NY | $43,304,993 | $33,954,105 |
Harvard-Yenching Institute Cambridge, MA | $357,386,063 | $5,038,189 |
Idealistorg Inc New York, NY | $8,884,686 | $10,106,263 |
Americas Society Inc New York, NY | $65,186,397 | $5,307,206 |
China Institute In America Incorporated New York, NY | $39,618,019 | $6,570,371 |
American-Scandinavian Foundation New York, NY | $56,118,805 | $3,574,288 |
Peaceworks Network Foundation New York, NY | $9,232,893 | $2,717,484 |
Auschwitz Instut For The Prevention Of Genocide And Mass Atrocities New York, NY | $427,684 | $2,862,009 |
Korea Society New York, NY | $30,574,587 | $3,688,770 |
Netherland-America Foundation Incorporated New York, NY | $8,725,622 | $2,894,571 |
Voices Project Usa Inc New York, NY | $1,073,630 | $1,592,705 |