World Affairs Councils Of America is located in Washington, DC. The organization was established in 1988. According to its NTEE Classification (Q01) the organization is classified as: Alliances & Advocacy, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, World Affairs Councils Of America employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Affairs Councils Of America 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 Councils Of America generated $10.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $764.3k during the year ending 06/2022. While expenses have increased by 1.8% 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPEAKER PROGRAM - ENGAGE AMERICA:THE WACA NATIONAL OFFICE PARTNERS WITH THINK TANKS, FOUNDATIONS, NGOS, CORPORATIONS, AND OCCASIONALLY GOVERNMENT AGENCIES TO ARRANGE TIMELY "NATIONAL CONVERSATIONS" AT SEVERAL WORLD AFFAIRS COUNCILS ACROSS THE COUNTRY ON CRITICAL INTERNATIONAL TOPICS. IN THE COVERED PERIOD, WACA PARTNERED WITH THE INTERNATIONAL LABOUR ORGANIZATION OFFICE FOR THE U.S. AND CANADA FOR A SERIES OF CONVERSATIONS ABOUT A HUMAN-CENTERED APPROACH TO WORK AND WITH THE KOREA ECONOMIC INSTITUTE OF AMERICA FOR A SERIES OF PROGRAMS ON THE FUTURE OF KOREA.
NATIONAL CONFERENCE:THE ANNUAL NATIONAL CONFERENCE HAS EARNED A REPUTATION AS THE PREEMINENT GRASSROOTS LEADERSHIP EDUCATIONAL FORUM WHERE LEADING NATIONAL SECURITY POLICYMAKERS AND ANALYSTS, AS WELL AS EXPERTS IN NONPROFIT ORGANIZATION AND MANAGEMENT, ENGAGE WITH 275 OF OUR NETWORK'S CITIZEN LEADERS DRAWN FROM THE BUSINESS, CIVIC, AND EDUCATION COMMUNITIES ACROSS THE COUNTRY. THE MAIN PURPOSE OF THE CONFERENCE IS TO HELP OUR REGIONAL LEADERSHIP DETERMINE THEIR EDUCATIONAL PROGRAMS FOR THEIR COMMUNITIES IN THE COMING YEAR, AS WELL AS MEET POTENTIAL SPEAKERS FOR THOSE PROGRAMS.
OTHER PROGRAMS:1. ACADEMIC WORLDQUEST IS THE WORLD AFFAIRS COUNCILS OF AMERICA'S FLAGSHIP STUDENT EDUCATION PROGRAM. THE MAIN OBJECTIVE OF THE YEAR-LONG PROGRAM IS TO INFORM AND ENGAGE HIGH SCHOOL STUDENTS AND THEIR TEACHERS ACROSS THE COUNTRY IN GLOBAL AFFAIRS. MORE THAN 5,000 STUDENTS, ORGANIZED IN TEAMS OF FOUR, TEST THEIR KNOWLEDGE OF INTERNATIONAL AFFAIRS, IN REGIONAL ACADEMIC WORLDQUEST COMPETITIONS HOSTED BY WORLD AFFAIRS COUNCILS ACROSS THE UNITED STATES. THE REGIONAL CHAMPIONS THEN COMPETE IN THE NATIONAL COMPETITION, HELD DURING THE SPRING OF EACH YEAR IN WASHINGTON, DC. PART OF THE WEEKEND EXPERIENCE IS EXPOSURE TO THE DIPLOMATIC CORPS IN THE NATION'S CAPITAL THROUGH RECEPTIONS IN LOCAL EMBASSIES AND SHORT TALKS DELIVERED BY RESIDING AMBASSADORS. 2. LEADERSHIP MISSIONS: EACH YEAR, WACA OFFERS ONE OR TWO MISSIONS TO OTHER COUNTRIES. THE MAIN PURPOSE OF THESE MISSIONS IS TO GET TO KNOW THE PEOPLE, THE ISSUES AND PROBLEMS OF THE CITY, THE COUNTRY OR ORGANIZATION FIRSTHAND, AND TO ESTABLISH A MUCH GREATER CONNECTION BETWEEN THE COUNTRY AND A WELL-INFORMED, INFLUENTIAL PART OF THE AMERICAN PUBLIC. THESE TRIPS ARE INTENDED TO ENHANCE BETTER KNOWLEDGE OF THE HOST COUNTY IN ORDER TO PROVIDE BETTER PROGRAMS BACK HOME AT THE LOCAL COUNCIL LEVEL. 3. WACA CONTINUED MONTHLY BEST-PRACTICES PROFESSIONAL DEVELOPMENT WORKSHOPS VIA ZOOM FOR COUNCIL LEADERS, BOARD MEMBERS, AND STAFF.4. COVER TO COVER AND EMBASSY ROW LIVE!: COVER TO COVER PRESENTS NEWLY PUBLISHED AUTHORS MONTHLY AND EMBASSY ROW LIVE! FEATURES AMBASSADORS AND OTHER DIGNITARIES FROM ABROAD. BOTH PROGRAMS ADDRESSING CRITICAL GLOBAL ISSUES VIA ZOOM FOR NATIONWIDE AUDIENCES THAT ENGAGE IN ACTIVE Q&A WITH GUESTS AND WACA'S MODERATOR.5. 1918 SOCIETY: THE 1918 SOCIETY IS COMPRISED OF INDIVIDUALS WHO WISH TO SUPPORT THE WORLD AFFAIRS COUNCILS OF AMERICA IN ITS MISSION OF EDUCATING AMERICANS ON GLOBAL ISSUES. MEMBERS RECEIVE SPECIAL BENEFITS AT THE NATIONAL CONFERENCE AND YEAR]ROUND AS PART OF THEIR MEMBERSHIP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Glenn Creamer Chairman | OfficerTrustee | 2.5 | $0 |
A Alex Lari Vice Chair | OfficerTrustee | 2.5 | $0 |
Mimi Gregory Vice Chair | OfficerTrustee | 2.5 | $0 |
Karen Burghart Secretary | OfficerTrustee | 2.5 | $0 |
Charles J Stout Treasurer | OfficerTrustee | 2.5 | $0 |
Osmar Abib Member | Trustee | 2.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $155,879 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,328,293 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,484,172 |
Total Program Service Revenue | $130,098 |
Investment income | $80,198 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $31,949 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,727,171 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $39,018 |
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. | $213,591 |
Compensation of current officers, directors, key employees. | $109,741 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $105,924 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,077 |
Payroll taxes | $23,210 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $55,905 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $37,084 |
Advertising and promotion | $315 |
Office expenses | $5,864 |
Information technology | $4,379 |
Royalties | $0 |
Occupancy | $41,909 |
Travel | $8,235 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $190,906 |
Interest | $553 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,619 |
Insurance | $4,505 |
All other expenses | $370 |
Total functional expenses | $764,345 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,300 |
Savings and temporary cash investments | $8,299,234 |
Pledges and grants receivable | $46,703 |
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 | $2,372 |
Net Land, buildings, and equipment | $5,842 |
Investments—publicly traded securities | $3,025,218 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,323 |
Total assets | $11,392,992 |
Accounts payable and accrued expenses | $75,734 |
Grants payable | $0 |
Deferred revenue | $71,183 |
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 | $26,980 |
Total liabilities | $173,897 |
Net assets without donor restrictions | $138,147 |
Net assets with donor restrictions | $11,080,948 |
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 | $11,392,992 |
Over the last fiscal year, World Affairs Councils Of America has awarded $33,228 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
WORLD DENVER PURPOSE: PROGRAM ASSISTANCE | $10,710 |
WORLD AFFAIRS COUNCIL OF DALLAS PURPOSE: PROGRAM ASSISTANCE | $9,500 |
WORLD AFFAIRS COUNCIL OF GREATER HOUSTON PURPOSE: PROGRAM ASSISTANCE | $7,314 |
TENNESSEE WORLD AFFAIRS COUNCIL PURPOSE: PROGRAM ASSISTANCE | $5,704 |