Internatonal Relations Council Inc Harvard University
- Assets
- $1.3m
- Revenue
- $746.2k
- Investments
- $717.9k
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 11/1980
- Data as of
- 04/2023
- EIN
- 04-2581946
Organization Overview
Internatonal Relations Council Inc Harvard University, operating under the name Harvard International Relation, is located in Cambridge, MA. The organization was established in 1980. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Harvard International Relation 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 04/2023, Harvard International Relation generated $746.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $713.4k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 years. 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
HARVARD INTERNATIONAL RELATIONS COUNCIL, INC. (THE COUNCIL) IS ONE OF HARVARDUNIVERSITY'S LARGEST STUDENT GROUPS, AND IS DEDICATED TO THE PROMOTION OF INTERNATIONALAWARENESS AND EDUCATION THROUGH VARIOUS STUDENT-RUN PROGRAMS. ITS PROGRAMS INCLUDEMODEL UNITED NATIONS CONFERENCES, A QUARTERLY JOURNAL ON INTERNATIONAL AFFAIRS, ANINTERCOLLEGIATE MODEL UN TEAM, AND A PROGRAM ON INTERNATIONAL EDUCATION. INADDITION, IT COORDINATES EDUCATIONAL EVENTS, SUCH AS SPEAKER AND DINNER SERIES, ON THEHARVARD CAMPUS. THE COUNCIL PRIMARILY DERIVES ITS REVENUES THROUGH CONFERENCE ANDSUBSCRIPTION FEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MODEL UNITED NATIONS PROGRAMS ARE DESIGNED TO EDUCATE THEPARTICIPANTS ABOUT THE CONDUCT OF INTERNATIONAL AFFAIRS. SEVERALHUNDRED STUDENTS ATTEND THE CONFERENCES TO ANALYZE AND DISCUSSINTERNATIONAL RELATIONS.
THE HARVARD INTERNATIONAL REVIEW IS A QUARTERLY JOURNAL WITH GLOBALREACH THAT REVIEWS INTERNATIONAL AFFAIRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matas Kudarauskas Chief Auditor | OfficerTrustee | 10 | $0 |
Michael Baxter Treasurer | OfficerTrustee | 10 | $0 |
Solene Aubert President | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $716,702 |
| Investment income | $17,803 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $11,707 |
| 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 | $746,212 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,822 |
| Fees for services: Accounting | $19,337 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,617 |
| Fees for services: Other | $0 |
| Advertising and promotion | $40,157 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $145,709 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $221,474 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,161 |
| Insurance | $0 |
| All other expenses | $1,118 |
| Total functional expenses | $713,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,366 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,225 |
| 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 | $51,003 |
| Investments—publicly traded securities | $334,930 |
| Investments—other securities | $717,926 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$14,206 |
| Total assets | $1,256,244 |
| Accounts payable and accrued expenses | $5,556 |
| 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 | $0 |
| Other liabilities | $4,348 |
| Total liabilities | $9,904 |
| Net assets without donor restrictions | $1,246,340 |
| 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 | $1,256,244 |