Western Association Of College And University Business Officers

Organization Overview

Western Association Of College And University Business Officers, operating under the name Wacubo, is located in Seattle, WA. The organization was established in 1999. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wacubo 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, Wacubo generated $849.8k 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 (7.7%) each year. All expenses for the organization totaled $669.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.7%) 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

TO HELP MEMBERS DEVELOP PROFESSIONALLY AND TO EXPLORE ISSUES AND TRENDS IN HIGHER EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL CONFERENCE: THE WACUBO ANNUAL CONFERENCE IS A PROFESSIONAL DEVELOPMENT PROGRAM FOR BUSINESS OFFICERS IN HIGHER EDUCATION. EACH CONFERENCE HAS A THEME AND SPEAKERS ARE SELECTED FROM A NATIONAL POOL TO ADDRESS CURRENT ISSUES PERTINENT TO BUSINESS OFFICER IN HIGHER EDUCATION. PARTICIPANTS LEARN FROM SPEAKERS AND FROM EACH OTHER. ATTENDANCE HAS AVERAGED 512 PARTICIPANTS OVER THE PAST FOUR YEARS. IN 2021 DUE TO COVID-19, THE CONFERENCE WAS HELD VIRTUALLY WITH MORE THAN 3,000 ATTENDEES.


BUSINESS MANAGEMENT INSTITUTE: THE BUSINESS MANAGEMENT INSTITUTE (BMI) IS AN ANNUAL PROFESSIONAL DEVELOPMENT PROGRAM HELD ON THE CAMPUS OF THE UNIVERSITY OF CALIFORNIA, SANTA BARBARA. BMI PROVIDES IN-DEPTH PROFESSIONAL DEVELOPMENT ON SEVERAL TOPICS OF RELEVANCE FOR BUSINESS OFFICERS IN HIGHER EDUCATION. THE FACULTY MEMBERS FOR BMI ARE PROFESSIONALS OF ACADEMIA REGARDED FOR THEIR KNOWLEDGE OF HIGHER EDUCATION MANAGEMENT AND LEADERSHIP ISSUES. THE CURRICULA FOR BMI IS CONTINUALLY UPDATED AND REFINED TO ADDRESS PRIMARY AND CURRENT ISSUES FACING WACUBO MEMBERS.


WORKSHOPS: WACUBO ALSO OFFERS A SERIES OF ONE TO TWO DAY PROFESSIONAL DEVELOPMENT WORKSHOPS THROUGHOUT THE YEAR ON SPECIFIC TOPICS OF INTEREST TO MEMBERS.


MEMBERSHIP PROVIDES A NUMBER OF BENEFITS TO THE MEMBERS INCLUDING ACCESS TO THE EDUCATIONAL OFFERINGS AND THE ANNUAL CONFERENCE (IN NORMAL YEARS). ALSO OFFERED TO MEMBERS: A JOB BOARD, WACUBO HAPPY HOURS, WACUBO LISTSERVS, PROFESSIONAL EDUCATION SCHOLARSHIPS, VOLUNTEER OPPORTUNITIES, THE CAMPUS BUSINESS OFFICER BENCHMARKING TOOL AND THE ACCESS TO THE MEMBER DIRECTORY


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Westin Seattle
Hotel Hosting Annual Conference
$408,565
The Speaker Agency
Event Speakers
$100,400
View All Vendors

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$806,322
Investment income $20,123
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $23,316
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $849,761

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