2024-05-15T14:06:54-05:00 2023-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-07-01 521514424 WORLD AFFAIRS COUNCILS OF AMERICA WORL 2028334557 1000 VERMONT AVENUE NW 900 WASHINGTON DC 20005 MATTHEW HUGHES PRESIDENT & CEO 2028334557 2024-05-15 1 MATTHEW HUGHES 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MATTHEW HUGHES 1000 VERMONT AVENUE NW 900 WASHINGTON DC 20005 8186414 0 X WWW.WORLDAFFAIRSCOUNCILS.ORG X 1986 DC SEE PART III, LINE 1. 17 17 5 50 0 0 10484172 391878 130098 131810 112147 395357 754 21822 10727171 940867 39018 86630 0 0 349802 347362 0 0 36730 375525 483257 764345 917249 9962826 23618 11392992 12028287 173897 155263 11219095 11873024 X THE WORLD AFFAIRS COUNCILS OF AMERICA REPRESENTS AND SUPPORTS THE LARGEST NATIONAL NONPARTISAN NETWORK OF LOCAL COUNCILS THAT ARE DEDICATED TO EDUCATING, INSPIRING, AND ENGAGING AMERICANS IN INTERNATIONAL AFFAIRS AND THE CRITICAL GLOBAL ISSUES OF OUR TIMES. 0 0 42824 34560 SPEAKER PROGRAM - ENGAGE AMERICA:THE WACA NATIONAL OFFICE PARTNERS WITH THINK TANKS, FOUNDATIONS, NGOS, CORPORATIONS, AND OCCASIONALLY GOVERNMENT AGENCIES TO ARRANGE TIMELY "NATIONAL CONVERSATIONS" AT SEVERAL WORLD AFFAIRS COUNCILS ACROSS THE COUNTRY ON CRITICAL INTERNATIONAL TOPICS. IN THE COVERED PERIOD, WACA PARTNERED WITH THE INTERNATIONAL LABOUR ORGANIZATION OFFICE FOR THE U.S. AND CANADA FOR A SERIES OF CONVERSATIONS ABOUT A HUMAN-CENTERED APPROACH TO WORK AND WITH THE KOREA ECONOMIC INSTITUTE OF AMERICA FOR A SERIES OF PROGRAMS ON THE FUTURE OF KOREA. 69459 24000 131810 NATIONAL CONFERENCE:THE ANNUAL NATIONAL CONFERENCE HAS EARNED A REPUTATION AS THE PREEMINENT GRASSROOTS LEADERSHIP EDUCATIONAL FORUM WHERE LEADING NATIONAL SECURITY POLICYMAKERS AND ANALYSTS, AS WELL AS EXPERTS IN NONPROFIT ORGANIZATION AND MANAGEMENT, ENGAGE WITH 275 OF OUR NETWORK'S CITIZEN LEADERS DRAWN FROM THE BUSINESS, CIVIC, AND EDUCATION COMMUNITIES ACROSS THE COUNTRY. THE MAIN PURPOSE OF THE CONFERENCE IS TO HELP OUR REGIONAL LEADERSHIP DETERMINE THEIR EDUCATIONAL PROGRAMS FOR THEIR COMMUNITIES IN THE COMING YEAR, AS WELL AS MEET POTENTIAL SPEAKERS FOR THOSE PROGRAMS. 121555 28070 OTHER PROGRAMS:1. ACADEMIC WORLDQUEST IS THE WORLD AFFAIRS COUNCILS OF AMERICA'S FLAGSHIP STUDENT EDUCATION PROGRAM. THE MAIN OBJECTIVE OF THE YEAR-LONG PROGRAM IS TO INFORM AND ENGAGE HIGH SCHOOL STUDENTS AND THEIR TEACHERS ACROSS THE COUNTRY IN GLOBAL AFFAIRS. MORE THAN 5,000 STUDENTS, ORGANIZED IN TEAMS OF FOUR, TEST THEIR KNOWLEDGE OF INTERNATIONAL AFFAIRS, IN REGIONAL ACADEMIC WORLDQUEST COMPETITIONS HOSTED BY WORLD AFFAIRS COUNCILS ACROSS THE UNITED STATES. THE REGIONAL CHAMPIONS THEN COMPETE IN THE NATIONAL COMPETITION, HELD DURING THE SPRING OF EACH YEAR IN WASHINGTON, DC. PART OF THE WEEKEND EXPERIENCE IS EXPOSURE TO THE DIPLOMATIC CORPS IN THE NATION'S CAPITAL THROUGH RECEPTIONS IN LOCAL EMBASSIES AND SHORT TALKS DELIVERED BY RESIDING AMBASSADORS. 2. LEADERSHIP MISSIONS: EACH YEAR, WACA OFFERS ONE OR TWO MISSIONS TO OTHER COUNTRIES. THE MAIN PURPOSE OF THESE MISSIONS IS TO GET TO KNOW THE PEOPLE, THE ISSUES AND PROBLEMS OF THE CITY, THE COUNTRY OR ORGANIZATION FIRSTHAND, AND TO ESTABLISH A MUCH GREATER CONNECTION BETWEEN THE COUNTRY AND A WELL-INFORMED, INFLUENTIAL PART OF THE AMERICAN PUBLIC. THESE TRIPS ARE INTENDED TO ENHANCE BETTER KNOWLEDGE OF THE HOST COUNTY IN ORDER TO PROVIDE BETTER PROGRAMS BACK HOME AT THE LOCAL COUNCIL LEVEL. 3. WACA EXPANDED PROGRAMMING TO BENEFIT MEMBER COUNCILS, INCLUDING ADDING A QUARTERLY WACA 101 ORIENTATION FOR BOARD AND STAFF MEMBERS OF LOCAL COUNCILS AS WELL AS WEEKLY ROUNDTABLE CALLS FOR BOARD AND STAFF MEMBERS OF LOCAL COUNCILS FOCUSED ON DIFFERENT FUNCTIONAL AREAS OF COUNCILS' WORK.4. COVER TO COVER AND EMBASSY ROW LIVE!: COVER TO COVER PRESENTS NEWLY PUBLISHED AUTHORS MONTHLY AND EMBASSY ROW LIVE! FEATURES AMBASSADORS AND OTHER DIGNITARIES FROM ABROAD. BOTH PROGRAMS ADDRESSING CRITICAL GLOBAL ISSUES VIA ZOOM FOR NATIONWIDE AUDIENCES THAT ENGAGE IN ACTIVE Q&A WITH GUESTS AND WACA'S MODERATOR.5. 1918 SOCIETY: THE 1918 SOCIETY IS COMPRISED OF INDIVIDUALS WHO WISH TO SUPPORT THE WORLD AFFAIRS COUNCILS OF AMERICA IN ITS MISSION OF EDUCATING AMERICANS ON GLOBAL ISSUES. MEMBERS RECEIVE SPECIAL BENEFITS AT THE NATIONAL CONFERENCE AND YEAR]ROUND AS PART OF THEIR MEMBERSHIP. 233838 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X MATTHEW HUGHES 2028334557 1000 VERMONT AVENUE NW 900 WASHINGTON DC 20005 GLENN CREAMER CHAIR 3.00 X X 0 0 0 A ALEX LARI VICE CHAIR 1.00 X X 0 0 0 MIMI GREGORY VICE CHAIR 1.00 X X 0 0 0 OSMAR ABIB TREASURER 1.00 X X 0 0 0 MIMI BURKE SECRETARY 1.00 X X 0 0 0 CARLOS ALVAREZ BOARD MEMBER 1.00 X 0 0 0 JOSE DE ARIMATEIA DA CRUZ BOARD MEMBER 1.00 X 0 0 0 MICHELLE GLANDORF BOARD MEMBER 1.00 X 0 0 0 STEVE LACKEY BOARD MEMBER 1.00 X 0 0 0 CHUCK LEONARD BOARD MEMBER 1.00 X 0 0 0 MARYANNE MALDONADO BOARD MEMBER 1.00 X 0 0 0 KIM MCCLEARY BLUE BOARD MEMBER 1.00 X 0 0 0 DERRICK OLSEN BOARD MEMBER 1.00 X 0 0 0 NASEEM QADER BOARD MEMBER 1.00 X 0 0 0 SERGE TOMASSIAN BOARD MEMBER 1.00 X 0 0 0 MEGAN TORREY BOARD MEMBER 1.00 X 0 0 0 MARY YNTEMA BOARD MEMBER 1.00 X 0 0 0 WILLIAM CLIFFORD PRESIDENT & CEO, UNTIL 2/12/23 40.00 X 189950 0 24873 MATTHEW HUGHES PRESIDENT & CEO, FROM 1/16/23 40.00 X 82404 0 0 272354 0 24873 1 0 1 0 0 106300 285578 391878 CONFERENCE & FEES 900099 131810 131810 131810 292217 292217 7348687 7245547 103140 103140 103140 2475 0 2475 2475 GAIN ON LEASE TERMINATION 900099 19353 19353 FOREIGN CURRENCY LOSS 900099 -6 -6 19347 940867 131810 0 417179 X 86630 86630 226900 74339 125929 26632 78525 13321 60263 4941 330 35 232 63 20628 52 20223 353 20979 4192 15347 1440 6069 6069 61529 61529 101080 2530 98550 2614 2614 13165 4177 8409 579 41039 12283 26525 2231 16357 8957 7400 205638 24215 181423 1927 42 1885 3870 3870 4305 1495 2556 254 BAD DEBT EXPENSE 12000 12000 DUES 3863 1172 2490 201 MERCHANT SERVICE FEES 1063 1063 PAYROLL FEES 569 183 350 36 8169 215 7954 917249 233838 646681 36730 10300 8299234 1318946 46703 2372 8467 11084 9112 5842 1972 3025218 10689834 3323 9068 11392992 12028287 75734 58821 71183 96442 26980 0 173897 155263 X 138147 10876549 11080948 996475 11219095 11873024 11392992 12028287 23618 630311 0 X 0 1 X 1 0 X 566953 509171 620314 10484172 391878 12572488 566953 509171 620314 10484172 391878 12572488 9797253 2775235 29887 24333 14448 80198 292217 441083 7075 2465 389 754 19347 30030 13043601 739339 0.21280 0.22040 X WORLD AFFAIRS COUNCILS OF AMERICA QUALIFIES AS A PUBLIC CHARITY UNDER THE "FACTS AND CIRCUMSTANCES" TEST OF 1.170A-9(F)(3) OF THE TREASURY REGULATIONS, BASED UPON THE FOLLOWING:ITS SUPPORT, AS REPORTED FOR 2022, IS 21.28%, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(I).WORLD AFFAIRS COUNCILS OF AMERICA IS ORGANIZED AND OPERATED SO AS TO ATTRACT NEW AND ADDITIONAL FUNDING ON A CONTINUOUS BASIS, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(II). WORLD AFFAIRS COUNCILS OF AMERICA HAS RECENTLY UNDERTAKEN SIGNIFICANT EFFORTS TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT. WORLD AFFAIRS COUNCILS OF AMERICA'S PUBLIC SUPPORT, AT 21.28%, IS WELL ABOVE THE 10% MINIMUM REQUIRED FOR THE "FACTS AND CIRCUMSTANCES" TEST, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(III). OUTSIDE OF AN EXTRAORDINARY GIFT OF SUPPORT PROVIDEDE BY A LONG-TIME BOARD MEMBER, WORLD AFFAIRS COUNCILS OF AMERICA HAS RECEIVED SUPPORT FROM A REPRESENTATIVE NUMBER OF PERSONS, RATHER THAN RECEIVING ALL OR MOST OF ITS SUPPORT FROM THE MEMBERS OF A SINGLE FAMILY, OR FROM A SINGLE DONOR. WORLD AFFAIRS COUNCILS OF AMERICA'S CURRENT FUNDRAISING PLANS ARE TARGETED AT A BROAD BASE OF DONORS. IN THIS RESPECT, WORLD AFFAIRS COUNCILS OF AMERICA MEETS THE REQUIREMENT OF 1.170A-9(F)(3)(III)(B).WORLD AFFAIRS COUNCILS OF AMERICA REMAINS AN ORGANIZATION COMMITTED TO SERVING THE PUBLIC THROUGH ITS WORK. WORLD AFFAIRS COUNCILS OF AMERICA WORKS WITH ITS NETWORK TO EDUCATE AMERICANS IN INTERNATIONAL AFFAIRS AND CRITICAL GLOBAL ISSUES. IN 2022, WORLD AFFAIRS COUNCILS OF AMERICA CONTINUED AND EVOLVED ITS VARIOUS PROGRAMS INCLUDING ITS SPEAKER PROGRAM, NATIONAL CONFERENCE, ACADEMIC WORLDQUEST, LEADERSHIP MISSIONS, AND MEMBER SERVICES PROGRAMMING. IN THIS MANNER, WORLD AFFAIRS COUNCILS OF AMERICA MEETS THE REQUIREMENT OF 1.170A-9(F)(3)(III)(D). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10731563 264906 10996469 1080948 10000000 -299385 50000 10731563 874431 1000 205517 1080948 803013 26000 45418 874431 696723 52000 54290 803013 0.90950 0.05860 0.03190 0 0 11084 9112 1972 1972 1571178 630311 630311 940867 0 940867 917249 0 917249 0 917249 PART V, LINE 4: WACA HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. X X X X 0 0 0 0 0 0 0 0 0 WILLIAM CLIFFORD PRESIDENT & CEO, UNTIL 2/12/23 189950 0 0 0 0 0 9692 0 15181 0 214823 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 WACA MEMBERSHIP CONSISTS OF THREE MEMBERSHIP TYPES: COUNCIL MEMBERS, AFFILIATE MEMBERS, AND SUPPORTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS ARE ELECTED BY THE MEMBERSHIP OF THE CORPORATION AT A MEETING HELD NO LATER THAN MAY 30 OF EACH YEAR. NOMINEES FOR ELECTION TO THE BOARD ARE ANNOUNCED TO THE MEMBERSHIP OF THE CORPORATION BY WRITTEN NOTICE AT LEAST 30 DAYS PRIOR TO THE MEETING. IF ELECTION OF DIRECTORS IS THE ONLY BUSINESS AT THIS ANNOUNCED MEETING OF THE MEMBERSHIP, THE BOARD MAY AUTHORIZE - IN LIEU OF A TELEPHONIC MEETING - AN EMAIL ELECTION, WITH VOTES CAST BY APPROPRIATE REPRESENTATIVES OF MEMBERS NOTIFIED TO THE SECRETARY. DIRECTORS ARE CONSIDERED ELECTED IF THEY RECEIVE A MAJORITY OF VOTES CAST BY REPRESENTATIVES OF MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE CEO AND FINANCE COMMITTEE. THE FINAL FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNANCE COMMITTEE IS A STANDING COMMITTEE OF THE BOARD, CREATED TO ADVISE ON GOVERNANCE POLICIES, INCLUDING MATTERS INVOLVING BOARD POLICIES AND PRACTICES, GUIDELINES FOR DIRECTORS, RELATIONSHIPS BETWEEN BOARD AND STAFF, AND RELATIONSHIPS BETWEEN THE CORPORATION AND ITS MEMBERSHIP ORGANIZATIONS. THE GOVERNANCE COMMITTEE'S RESPONSIBILITIES INCLUDE ONGOING REVIEW AND RECOMMENDATIONS TO ENHANCE THE QUALITY AND FUTURE VIABILITY OF THE BOARD-IN EFFECT, TO SERVE AS THE "CONSCIENCE OF THE BOARD" AS THE GOVERNING BODY OF A NATIONAL ORGANIZATION WHOSE PURPOSE IS TO SERVE AND BE RESPONSIVE TO ITS MEMBERSHIP THROUGHOUT THE NATIONAL NETWORK OF WORLD AFFAIRS COUNCILS. THE ORGANIZATION ADDRESSES POTENTIAL CONFLICTS OF INTEREST, IN THE FOLLOWING MANNER: IF ANY MATTER IS PRESENTED TO THE BOARD IN WHICH ANY DIRECTOR HAS A DIRECT OR INDIRECT FINANCIAL OR OTHER PROPRIETARY INTEREST, SUCH INTEREST MUST BE FULLY DISCLOSED TO THE BOARD BEFORE THE BOARD TAKES ACTION ON SUCH MATTER. PROPERLY DISCLOSED, NO CONTRACT OR TRANSACTION BETWEEN THE CORPORATION AND ONE OR MORE OF ITS DIRECTORS OR BETWEEN THE CORPORATION AND ANY OTHER CORPORATION, PARTNERSHIP, ASSOCIATION, OR OTHER ORGANIZATION IN WHICH ONE OR MORE OF ITS DIRECTORS ARE ALSO DIRECTORS OF THE CORPORATION OR HAVE A FINANCIAL OR OTHER PROPRIETARY INTEREST IN THE MATTER, WILL BE VOID OR VOIDABLE SOLELY FOR SUCH REASON, OR SOLELY BECAUSE THE DIRECTOR IS PRESENT AT OR PARTICIPATES IN THE MEETING OF THE BOARD OF DIRECTORS WHICH AUTHORIZES THE CONTRACT OR TRANSACTION, OR SOLELY BECAUSE HIS, HER, OR THEIR VOTES ARE COUNTED FOR SUCH PURPOSE, PROVIDED THAT: (A) THE MATERIAL FACTS AS TO THE RELATIONSHIP OR INTEREST AND AS TO THE CONTRACT OR TRANSACTION ARE DISCLOSED OR ARE KNOWN TO THE BOARD, AND THE BOARD IN GOOD FAITH AUTHORIZES THE CONTRACT OR TRANSACTION BY THE AFFIRMATIVE VOTES OF A MAJORITY OF THE DISINTERESTED DIRECTORS EVEN THOUGH THE DISINTERESTED DIRECTORS CONSTITUTE LESS THAN A QUORUM; OR (B) THE CONTRACT OR TRANSACTION IS FAIR AS TO THE CORPORATION AS OF THE TIME IT IS AUTHORIZED, APPROVED, OR RATIFIED BY THE BOARD. COMMON OR INTERESTED DIRECTORS MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD WHICH AUTHORIZES A CONTRACT OR TRANSACTION SPECIFIED ABOVE. WACA REQUIRES THAT BOARD MEMBERS SIGN A YEARLY CONFLICT OF INTEREST STATEMENT AND THAT STAFF SIGN THE EMPLOYEE HANDBOOK WHICH INCLUDES A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A DURING THE CURRENT YEAR THE ORGANIZATION HIRED A NEW CEO AND PRESIDENT. AFTER A REVIEW OF SIMILAR ORGANIZATIONS' FORM 990 ON GUIDESTAR, COMPENSATION SURVEYS AND COMPARISONS WITH SALARIES EARNED BY THE CURRENT PRESIDENT AND CEO AND EXECUTIVES IN SIMILAR POSITIONS, THE BOARD SET THE COMPENSATION LEVEL FOR THE NEW CEO IN DECEMBER OF 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,530. MANAGEMENT AND GENERAL EXPENSES 98,550. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 101,080.