World Affairs Council Of Connecticut Inc is located in Hartford, CT. The organization was established in 1955. 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. As of 06/2022, World Affairs Council Of Connecticut Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Affairs Council Of Connecticut 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 06/2022, World Affairs Council Of Connecticut Inc generated $438.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $417.1k during the year ending 06/2022. While expenses have increased by 7.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OFFERS PROGRAMS TO PROMOTE PUBLIC UNDERSTANDING OF INTERNATIONAL AFFAIRS BY OFFERING PUBLIC FORUMS AND OTHER EVENTS THROUGHOUT GREATER HARTFORD, CONNECTICUT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES FOR ALL AGE GROUPS TO BETTER UNDERSTAND AND PROMOTE PUBLIC UNDERSTANDING OF INTERNATIONAL AFFAIRS BY OFFERING PUBLIC FORUMS AND OTHER EVENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Megan Torrey Executive Di | Officer | 40 | $116,950 |
Michael Moeller Ltgen Usaf Ret Director | Trustee | 1 | $0 |
Saud Anwar Director | Trustee | 1 | $0 |
Cynthia Chintz Bell-Bucha Director | Trustee | 1 | $0 |
Esam Boraey Director | Trustee | 1 | $0 |
Dana Bucin Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $349,041 |
Investment income | $19,698 |
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 | $438,786 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $3,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $126,901 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $81,775 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $5,971 |
Payroll taxes | $16,107 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,590 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,850 |
Advertising and promotion | $2,330 |
Office expenses | $8,671 |
Information technology | $16,232 |
Royalties | $0 |
Occupancy | $13,032 |
Travel | $9,004 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $290 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,691 |
Insurance | $2,885 |
All other expenses | $0 |
Total functional expenses | $417,076 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $121,735 |
Savings and temporary cash investments | $4,100 |
Pledges and grants receivable | $11,822 |
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 | $3,913 |
Investments—publicly traded securities | $216,221 |
Investments—other securities | $104,411 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $64,176 |
Total assets | $533,510 |
Accounts payable and accrued expenses | $4,220 |
Grants payable | $0 |
Deferred revenue | $5,418 |
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 | $9,638 |
Net assets without donor restrictions | $301,840 |
Net assets with donor restrictions | $222,032 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $523,872 |