World Affairs Council Of Charlotte

Organization Overview

World Affairs Council Of Charlotte is located in Charlotte, NC. The organization was established in 1985. 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 12/2021, World Affairs Council Of Charlotte employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Affairs Council Of Charlotte 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 12/2021, World Affairs Council Of Charlotte generated $410.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $554.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BY SERVING AS A REGIONAL CENTER FOR EDUCATION AND DISCUSSION OF WORLD AFFAIRS, THE COUNCIL SEEKS TO PROVIDE LEADERSHIP FOR GLOBAL THINKING, BELIEVING THAT A BROAD PERSPECTIVE IS NECESSARY FOR EFFECTIVE COMPETITION IN THE GLOBAL ECONOMY AND FOR RESPONSIBLE CITIZENSHIP

Describe the Organization's Program Activity:

Part 3 - Line 4a

BY SERVING AS A REGIONAL CENTER FOR EDUCATION AND DISCUSSION OF WORLD AFFAIRS, THE COUNCIL SEEKS TO PROVIDE LEADERSHIP FOR GLOBAL THINKING, BELIEVING THAT A BROAD PERSPECTIVE IS NECESSARY FOR EFFECTIVE COMPETITION IN THE GLOBAL ECONOMY AND FOR RESPONSIBLE CITIZENSHIP. MAJOR EDUCATIONAL PROGRAMSSPEAKER SERIES: EACH YEAR, THE WAC CHARLOTTE RECRUITS INTERNATIONALLY RENOWNED GOVERNMENT LEADERS, AUTHORS AND POLICY MAKERS FOR THE WACC SPEAKER SERIES PROGRAM. SELECTED SPEAKERS PRESENT ON DIVERSE TOPICS TO INCLUDE THE GLOBAL ECONOMIC CRISIS, ENERGY POLICY AND CLIMATE CHANGE, CURRENT EVENTS, GLOBAL HEALTH, NATIONAL AND GLOBAL SECURITY, FOREIGN POLICY, PUBLIC DIPLOMACY AND INTERNATIONAL AFFAIRS. DISTINGUISHED SPEAKER SERIES: BEGINNING IN 2020, THE COUNCIL BEGAN PRODUCING VIRTUAL PROGRAMMING, INCLUDING WEBINARS AND MEETINGS. THE COUNCIL HOSTS AMBASSADORS, ACADEMICS, ECONOMISTS, JOURNALISTS, ETC. FROM AROUND THE WORLD IN A VIRTUAL PROGRAMMING MODEL.AMBASSADORS CIRCLE SERIES: CURRENT AND FORMER AMBASSADORS AND HIGH-RANKING GOVERNMENT OFFICIALS WHO VISIT CHARLOTTE OFTEN TALK ABOUT THE RELATIONSHIP OF THE U.S. WITH COUNTRIES AROUND THE WORLD AND THE BENEFITS OF THOSE STRATEGIC DIPLOMATIC PARTNERSHIPS THROUGH THE AMBASSADORS CIRCLE SERIES.CEO SERIES: THE COUNCILS CEO SPEAKER SERIES HOSTS CHIEF EXECUTIVE OFFICERS FROM ORGANIZATIONS HEADQUARTERED IN THE GREATER CHARLOTTE AREA WHO SHARE INFORMATION ABOUT THEIR RESPECTIVE COMPANIES FROM A GLOBAL PERSPECTIVE, THE ROLE THEY PLAY IN ECONOMIES WORLDWIDE AND THEIR VIEWS OF THE GLOBAL ECONOMY AND FINANCIAL MARKETS ACROSS THE WORLD.WORLDQUEST: TEAMS FROM THE CHARLOTTE COMMUNITY, FORMED BY UNIVERSITIES, CORPORATIONS, SOCIAL GROUPS, ETC. ARE INVITED TO COMPETE FOR AWARDS IN THIS INTERNATIONAL TRIVIA COMPETITION. THOUGH WORLDQUEST WAS ORIGINALLY CREATED FOR ADULTS, THE OVERWHELMING POPULARITY LED TO THE COUNCIL OFFERING ACADEMIC WORLDQUEST FOR LOCAL HIGH SCHOOL STUDENTS. ACADEMIC WORLDQUEST: BASED ON THE ADULT MODEL, TEAMS FROM LOCAL PUBLIC AND PRIVATE HIGH SCHOOLS IN MECKLENBURG AND SURROUNDING COUNTIES ARE INVITED TO COMPETE FOR AWARDS IN THIS INTERNATIONAL TRIVIA COMPETITION. THIS EVENT HAS GAINED IN POPULARITY SO THAT MANY SCHOOLS HAVE AN ACADEMIC WORLDQUEST COACH AND STUDENTS COMPETE FOR THE HONOR OF REPRESENTING THEIR SCHOOLS. COUNCIL SCHOLARS: THIS PROGRAM RECOGNIZES OUTSTANDING CHARLOTTE AREA TEACHERS, GRADES PK-12, WHO HAVE DEMONSTRATED A COMMITMENT TO, AND INTEREST IN INTERNATIONAL EDUCATION. EACH AWARD OF $2,500 MAY BE USED TO ATTEND INTERNATIONAL/DOMESTIC CONFERENCES OR TO PARTICIPATE IN STUDY ABROAD PROGRAMS. MANY TEACHERS USE THESE FUNDS FOR TRAVEL AND ARE ABLE TO BRING BACK AND SHARE WITH THEIR STUDENTS NEW PERSPECTIVES, ENRICHING AND ENHANCING THE CLASSROOM EXPERIENCE.YOUNG PROFESSIONALS OF WACC (YPWACC) YPWACC IS A NETWORK OF INTERNATIONALLY MINDED YOUNG PROFESSIONALS IN THE CHARLOTTE AREA COMMITTED TO ENGAGING IN SOCIAL AND EDUCATIONAL ACTIVITIES THAT PROMOTE GLOBAL AND CULTURAL UNDERSTANDING. YPWACC IS DEDICATED TO ENCOURAGING YOUNG ADULTS (AGES 21-40) TO "BRING THE WORLD TO CHARLOTTE" THROUGH EVENTS SUCH AS THE YOUNG LEADERS GLOBAL SPOTLIGHT SERIES, GLOBAL SOCIAL HAPPY HOURS, INTERNATIONAL CAREER PANELS AND ADVENTURES IN DINING.WORLD CITIZEN AWARD DINNER: THE WORLD CITIZEN AWARD DINNER HAS BECOME AN IMPORTANT PART OF THE EDUCATIONAL AND INTERNATIONAL FABRIC OF THE QUEEN CITY. THE CHARLOTTE COUNCIL ANNUALLY PRESENTS THE WORLD CITIZEN AWARD TO A PROMINENT INDIVIDUAL OR ORGANIZATION THAT HAS ENHANCED OUR COMMUNITYS GLOBAL STANDING THROUGH ACCOMPLISHMENTS OF INTERNATIONAL SIGNIFICANCE. EACH YEAR, A CAPACITY AUDIENCE GATHERS TO CELEBRATE AND RECOGNIZE THE ACHIEVEMENTS OF THE AWARD RECIPIENTS. THIS EVENT WAS POSTPONED UNTIL 2022 DUE TO COVID.BUSINESS BREAKFAST SERIES: FOR A LOCAL PERSPECTIVE ON THE ECONOMY, THE BUSINESS BREAKFAST SERIES PROVIDES INSIGHT FROM CHARLOTTE-AREA BUSINESS EXPERTS AND KEY DECISION-MAKERS ABOUT THE IMPACT OF GLOBAL EVENTS ON NORTH CAROLINA AND THE CHARLOTTE COMMUNITY.GREAT DECISIONS: CO-SPONSORED TOGETHER WITH UNC CHARLOTTE, THE GREAT DECISIONS PROGRAM HIGHLIGHTS EIGHT OF THE MOST THOUGHT-PROVOKING FOREIGN POLICY CHALLENGES FACING AMERICANS EACH YEAR. GREAT DECISIONS PROVIDES BACKGROUND INFORMATION, CURRENT DATA AND POLICY OPTIONS FOR EACH ISSUE AND SERVES AS THE FOCAL TEXT FOR DISCUSSION GROUPS.


TRAVEL ADVANTAGE PROGRAM THROUGH THE WACC TRAVEL ADVANTAGE PROGRAM, MEMBERS ARE ABLE TO PARTICIPATE IN INTERNATIONAL TRAVEL OPPORTUNITIES THAT INCLUDE SIGHTSEEING HIGHLIGHTS, IN ADDITION TO SPECIAL BRIEFINGS AND BEHIND THE SCENE TOURS PRESENTED BY POLITICAL LEADERS AND LOCAL EXPERTS. MOST RECENTLY, WACC MEMBERS TRAVELED TO CHILE AND ARGENTINA (MARCH 2020), GREECE (SEPTEMBER 2019), PERU (MAY 2019), JAPAN (OCTOBER 2018), INDIA (OCTOBER 2017), MITTEL EUROPE (MAY 2017), NORTHERN ITALY (SEPTEMBER 2016), AND VIETNAM/CAMBODIA/THAILAND (APRIL 2016). BASQUE COUNTRY (2021) WAS RESCHEDULED TO 2022 DUE TO COVID.


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Board, Officers & Key Employees

Name (title)Compensation
Ljubomir Stambuk
President & CEO
$206,667
Hon Wayne P Cooper
Chair
$0
Mr Michael Mcnamara
Treasurer
$0
Hon Millie Cox
Past Chair
$0
Mr Dwight Gibson
Director
$0
Mr Michael Gwyn
Director
$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$39,895
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$39,895
Total Program Service Revenue$222,865
Investment income $18
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 $410,924

Grants Recieved

Over the last fiscal year, we have identified 4 grants that World Affairs Council Of Charlotte has recieved totaling $84,696.

Awarding OrganizationAmount
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$53,540
Presbyterian Hospital

Winston Salem, NC

PURPOSE: COMMUNITY OUTREACH

$25,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$6,116
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$40
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$561,269
Earnings$67,181
Admin Expense$4,611
Other Expense$24,790
Ending Balance$599,049

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