World Affairs Council Of The Monterey Bay Area Inc
- Assets
- $216.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monterey, CA
- Founding
- 09/1996
- Data as of
- 05/2024
- EIN
- 77-0301206
Organization Overview
World Affairs Council Of The Monterey Bay Area Inc is located in Monterey, CA. The organization was established in 1996. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Affairs Council Of The Monterey Bay Area 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 05/2024, World Affairs Council Of The Monterey Bay Area Inc generated $98.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $93.4k during the year ending 05/2024. While expenses have increased by 13.2% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
NONPOLITICAL, PUBLIC AWARENESS PRESENTATIONS, LECTURES, DISCUSSION GROUPS, LUNCHEONS WITH ALL SPEAKERS PRESENTING GLOBAL ISSUES, AVERAGE ATTENDANCE IS 100. LOCAL TEEN ESSAY AWARDS AND LOCAL AREA ACADEMIC WORLD QUEST HIGH SCHOOL COMPETITION, SPONSORING WINNING TEAM TO NATIONAL COMPETITION. GRANTS AND AWARDS TOTAL $13,555
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Albano President | 10 | $0 | |
Nancy Johnson Secretary | 6 | $0 | |
Boyd Haight Treasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,716 |
| Total Program Service Revenue | $48,487 |
| Membership dues | $18,860 |
| Investment income | $9,340 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,403 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $450 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,050 |
| Occupancy, rent, utilities, and maintenance | $8,963 |
| Printing, publications, postage, and shipping | $595 |
| Other expenses | $68,754 |
| Total expenses | $93,367 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $214,215 |
| Other assets | $0 |
| Total assets | $216,671 |
| Total liabilities | $475 |
| Net assets or fund balances | $216,196 |