World Affairs Council Of Washington Dc
- Assets
- $554.4k
- Revenue
- $679.0k
- Investments
- $0.0
- Employees
- 9
- Location
- Washington, DC
- Founding
- 10/1980
- Data as of
- 12/2017
- EIN
- 52-1192057
Organization Overview
World Affairs Council Of Washington Dc is located in Washington, DC. The organization was established in 1980. According to its NTEE Classification (Q50) the organization is classified as: International Affairs, Foreign Policy, & Globalization, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2017, World Affairs Council Of Washington DC employed 9 individuals. World Affairs Council Of Washington DC 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 12/2017, World Affairs Council Of Washington DC generated $679.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 2 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
THE WORLD AFFAIRS COUNCIL WASHINGTON DC IS A NON-PROFIT, NON-PARTISAN ORGANIZATION DEDICATED TO EXPANDING THE PUBLIC'S UNDERSTANDING AWARENESS OF GLOBAL ISSUES, INCLUSIVE OF THE AMERICAN PUBLIC AND INTERNATIONAL COMMUNITY REGARDING GEO-POLITICAL, BUSINESS AND CIVIL SOCIETY ISSUES IN OUR INTER-CONNECTED WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
28 OPEN LECTURES ON INTERNATIONAL AFFAIRS FOR 1,488 GUESTS COMPRISED OF LOCAL BUSINESS LEADERS, FOREIGN DIPLOMATS, YOUNG PROFESSIONALS, TEACHERS, STUDENTS, AND SEASONED POLICY PROFESSIONALS. GLOBAL EDUCATION PROGRAMS FOR MIDDLE AND HIGH SCHOOL TEACHERS AND STUDENTS. ANNUAL DINNERS HAVE FEATURED THOUGHTFUL, SUBSTANTIVE TALKS BY PROMINENT SPEAKERS, GEARED TO A SOPHISTICATED, WELL-INFORMED AUDIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candace Duncan Treasurer | OfficerTrustee | 4 | $0 |
Michael Norris Chairman | OfficerTrustee | 4 | $0 |
Tony Culley-Foster President | OfficerTrustee | 40 | $192,138 |
Maryscott Greenwood Vice Chairman | OfficerTrustee | 3 | $0 |
James Moran Vice Chairman | OfficerTrustee | 3 | $0 |
Evelyn Lee Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,255 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $646,975 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $656,230 |
| Total Program Service Revenue | $16,951 |
| Investment income | $5,776 |
| 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 | $678,957 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $202,078 |
| Compensation of current officers, directors, key employees. | $47,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $201,347 |
| Pension plan accruals and contributions | $10,798 |
| Other employee benefits | $10,012 |
| Payroll taxes | $26,906 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $92,736 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,918 |
| Fees for services: Other | $34,506 |
| Advertising and promotion | $2,693 |
| Office expenses | $27,112 |
| Information technology | $90,138 |
| Royalties | $0 |
| Occupancy | $62,585 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $181,728 |
| Interest | $6,885 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $73,426 |
| Total functional expenses | $1,032,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,446 |
| Savings and temporary cash investments | $268,560 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,988 |
| 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 | $5,803 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $167,178 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,438 |
| Total assets | $554,413 |
| Accounts payable and accrued expenses | $40,047 |
| Grants payable | $0 |
| Deferred revenue | $46,000 |
| 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 | $86,047 |
| Unrestricted restricted net Assets | $468,366 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $468,366 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Teaching For Change Washington, DC | $1,527,934 | $1,569,434 |
World Affairs Council Of Washington Dc Washington, DC | $554,413 | $678,957 |
Globsec Us Foundation Washington, DC | $39,218 | $400,000 |
Young Professionals In Foreignpolicy Washington, DC | $1,039,338 | $206,970 |
The Baltimore Council On Foreign Affairs Incorporated Baltimore, MD | $53,951 | $225,485 |
Secure Families Initiative Inc Washington, DC | $83,970 | $212,337 |
Adam Smith Institute Tr Rockville, MD | $53,471 | $100,120 |
The Potomac Foundation Great Falls, VA | $4,205 | $167,502 |
Center Of Concern Washington, DC | $0 | $0 |
Global Leaders Assembly Foundation Washington, DC | $19,284 | $800 |