World Affairs Council
- Assets
- $1.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 15
- Location
- Seattle, WA
- Founding
- 06/1953
- Data as of
- 12/2023
- EIN
- 91-0586924
Organization Overview
World Affairs Council is located in Seattle, WA. The organization was established in 1953. 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 12/2023, World Affairs Council employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Affairs Council 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 12/2023, World Affairs Council generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE GLOBAL UNDERSTANDING AND CULTIVATE ENDURING RELATIONSHIPS WITHIN OUR LOCAL COMMUNITY AND WITH THE WORLD, ONE CONVERSATION AT A TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL LEADERSHIP EXCHANGE - ADVANCES INTERNATIONAL UNDERSTANDING BY CONNECTING GREATER SEATTLE COMMUNITY MEMBERS WITH GLOBAL LEADERS THROUGH PROFESSIONAL AND YOUTH EXCHANGES UNDER THE AUSPICES OF THE U.S. DEPARTMENT OF STATE AND OTHER RECOGNIZED EXCHANGE PROGRAMS.
JAPANESE CONNECTIONS - ORGANIZES AND LEADS HIGH SCHOOL STUDENTS ON TWO WEEK TRIPS TO JAPAN.
COMMUNITY PROGRAMS - CREATES FREQUENT OPPORTUNITIES FOR DISCUSSION, DIALOGUE, AND DEBATE ON GLOBAL ISSUES. THE COUNCIL'S APPROXIMATELY 100 ANNUAL EVENTS OFFER A NON-PARTISAN AND CIVIL FORUM FOR COMMUNITY MEMBERS TO BECOME MORE KNOWLEDGEABLE ABOUT INTERNATIONAL ISSUES AND THEIR LOCAL RELEVANCE, TO BECOME INSPIRED TO LEARN MORE, AND TO BECOME MORE CONNECTED TO OTHERS WHO SHARE AN INTEREST IN GLOBAL ISSUES.
GLOBAL CLASSROOM - ADDRESSES THE NEED FOR GREATER INTERNATIONAL CONTEXT AND CONTENT IN THE K-12 CURRICULUM BY PROVIDING CURRICULAR RESOURCES, PROFESSIONAL DEVELOPMENT PROGRAMS FOR TEACHERS, AND ENGAGING K-12 STUDENTS DIRECTLY ON GLOBAL ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Frazar Chair | OfficerTrustee | 2 | $0 |
Kristi Branch Vice Chair | OfficerTrustee | 2 | $0 |
Jack Unbehend Treasurer | OfficerTrustee | 2 | $0 |
Fraser Mendel Secretary | OfficerTrustee | 2 | $0 |
Nancy Benter Director | Trustee | 1 | $0 |
Shahzad Bhatti Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $188,249 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $665,345 |
| All other contributions, gifts, grants, and similar amounts not included above | $390,557 |
| Noncash contributions included in lines 1a–1f | $15,969 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,244,151 |
| Total Program Service Revenue | $134,832 |
| Investment income | $40,238 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,800 |
| 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 | $1,421,021 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $155,624 |
| Compensation of current officers, directors, key employees. | $15,561 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $516,562 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,847 |
| Payroll taxes | $62,979 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,741 |
| Information technology | $26,352 |
| Royalties | $0 |
| Occupancy | $94,179 |
| Travel | $83,192 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,645 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,018 |
| Insurance | $12,233 |
| All other expenses | $0 |
| Total functional expenses | $1,350,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,829 |
| Savings and temporary cash investments | $929,491 |
| Pledges and grants receivable | $84,481 |
| Accounts receivable, net | $29,167 |
| 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 | $1,790 |
| Net Land, buildings, and equipment | $21,479 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $82,801 |
| Total assets | $1,343,038 |
| Accounts payable and accrued expenses | $36,121 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $343,057 |
| Other liabilities | $34,299 |
| Total liabilities | $413,477 |
| Net assets without donor restrictions | $780,638 |
| Net assets with donor restrictions | $148,923 |
| 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 | $1,343,038 |