Los Angeles World Affairs Council
- Assets
- $2.9m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Los Angeles, CA
- Founding
- 11/1971
- Data as of
- 06/2022
- EIN
- 95-1783788
Organization Overview
Los Angeles World Affairs Council is located in Los Angeles, CA. The organization was established in 1971. 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 06/2022, Los Angeles World Affairs Council employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles 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 06/2022, Los Angeles World Affairs Council generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. 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
TO PROMOTE UNDERSTANDING OF DOMESTIC AND GLOBAL ISSUES AND THEIR IMPACT ON THE PEOPLE OF SOUTHERN CALIFORNIA BY INVITING TO LOS ANGELES AUTHORITATIVE AND INFLUENTIAL FIGURES IN NATIONAL AND WORLD AFFAIRS AND PROVIDING
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL EVENTS OVER 70 WEBINARS, PLUS MORE THAN 10 IN-PERSON EVENTS WERE HELD WITH SPEAKERS SUCH AS THE FORMER VC AND FM OF GERMANY, FORMER US AMBASSADORS TO ISRAEL, GERMANY, SYRIA, DEPUTY ASSISTANT SECSTATE FOR JAPAN AND KOREA AND FOR WESTERN HEMISPHERE AFFAIRS, FORMER COMMANDER OF THE US INDO PACIFIC COMMAND, FORMER COMMANDER INTERNATIONAL SECURITY ASSISTANCE FORCES IN AFGHANISTAN, THE SECRETARY OF STATE THE LT. GOV OF CA, THE MAYOR OF LA, US SENATOR FROM INDIANA, US CONGRESS MEMBER FROM CA, PRESIDENT CEO OF THE FED RESERVE BANK OF SF, RENOWNED ACADEMICS AND BUSINESS LEADERS AND MANY OTHER OF SIMILAR STATURE. TOPICS AT THESES WEBINARS EVENTS WERE PRESENTED IN A NON ADVOCATING, NON PARTISAN MANNER, RANGING FROM CURRENT ISSUES IN DOMESTIC INTERNATIONAL POLITICS, MILITARY POLICY, ECONOMICS, BUSINESS, HEALTH, EDUCATION, ENVIRONMENT, TECHNOLOGY, ENERGY AND OTHER ISSUE AREAS. THE WEBINARS SEVERAL OF THE IN-PERSONS EVENTS WERE FREE OF CHARGE AND ALL WERE OPEN TO THE PUBLIC INCLUDED A QUESTION AND ANSWER PERIOD FOR ATTENDEES. TOTAL ATTENDANCE WAS OVER 19,000.
ONLINE MEDIA ONLINE MEDIA ENCOMPASSES THE EDUCATIONAL OUTREACH OF THE ORGANIZATION ON THE INTERNET AND WEBSITE. AN ONLINE ARCHIVE OF TRANSCRIPTS AND VIDEOS OF ITS EDUCATIONAL EVENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC FREE OF CHARGE. WEBINARS ARE RECORDED AND UPLOADED TO YOUTUBE. TOTAL YOUTUBE VIEWS WERE OVER 30,000.
STUDENT PROGRAMS THE ORGANIZATION HOSTED TWO WEBINARS EXCLUSIVELY FOR STUDENTS FROM LOS ANGELES AREA HIGH SCHOOLS. TOTAL ATTENDANCE WAS OVER 110. IN ADDITION, MORE THAN 100 STUDENTS ATTENDED OTHER IN-PERSON EVENTS WITH PRIVATE STUDENT BRIEFINGS ARRANGED WITH THE SPEAKER AT THESE EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Mccleary Blue President/ceo | Officer | 40 | $237,602 |
Alexander Messmann Executive Vice-President | 40 | $134,368 | |
Robert J Abernethy Director | Trustee | 1 | $0 |
Cecil Ablack Director | Trustee | 1 | $0 |
David Adishian Director | Trustee | 1 | $0 |
Rand S April Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $555,695 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $129,276 |
| All other contributions, gifts, grants, and similar amounts not included above | $301,958 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $986,929 |
| Total Program Service Revenue | $11,788 |
| Investment income | $170,089 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,795 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,199,069 |
| 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. | $272,177 |
| Compensation of current officers, directors, key employees. | $34,966 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $504,114 |
| Pension plan accruals and contributions | $48,070 |
| Other employee benefits | $23,169 |
| Payroll taxes | $55,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,021 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,281 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,760 |
| Information technology | $50,468 |
| Royalties | $0 |
| Occupancy | $126,294 |
| Travel | $14,227 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $852 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,701 |
| Insurance | $5,705 |
| All other expenses | $0 |
| Total functional expenses | $1,240,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,600 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $665 |
| 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 | $38,658 |
| Net Land, buildings, and equipment | $15,278 |
| Investments—publicly traded securities | $2,760,464 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,739 |
| Total assets | $2,898,404 |
| Accounts payable and accrued expenses | $55,163 |
| Grants payable | $0 |
| Deferred revenue | $1,155 |
| 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 | $16,460 |
| Total liabilities | $72,778 |
| Net assets without donor restrictions | $2,579,226 |
| Net assets with donor restrictions | $246,400 |
| 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 | $2,898,404 |