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Nonprofit · EIN 85-3707451

WORLD AROUND INC

Tax-exempt · BROOKLYN, NY 11217

Financials

$462K$653K2023$707K$792K2024
Revenue Expenses · by fiscal year end
Financials of WORLD AROUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$707,493$792,310-$84,817$38,422$99,906-$61,484
December 31, 2023990 (amended)$461,660$653,298-$191,638$59,939$36,606$23,333
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$307,809
Membership dues
$113,725
Program service revenue
$223,791
Investment income
$0
Net income from fundraising events
$173,388
Other revenue
$175,893

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$120,000
Salaries, compensation and benefits (total)
$129,652
Professional fundraising fees
$0
Legal fees
$4,056
Accounting fees
$31,667
Travel
$123,183
Depreciation
$517
Program services (functional)
$501,720
Management and general (functional)
$109,693
Fundraising (functional)
$180,897

Balance sheet and other

Total assets, start of year
$59,939
Total assets, end of year
$38,422
Total liabilities, end of year
$99,906
Net assets, end of year
-$61,484
Land, buildings and equipment
$761
Net assets without donor restrictions
-$61,484
Gross receipts
$738,309
Employees
1
Volunteers
2
Year formed
2020
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BEATRICE GALILEEEXECUTIVE DIRECTOR
Officer
40$120,165
ADAM FLATTOCHAIR
Trustee or director, Officer
3$0
JOHN HASKELLTREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
BEATRICE GALILEEEXECUTIVE DIRECTOR
Officer
40$120,000
ADAM FLATTOCHAIR
Trustee or director, Officer
3$0
JOHN HASKELLTREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
250 ASHLAND PL APT 4A, BROOKLYN, NY 11217-4302
Mailing address (990-N for 2020)
4A 250 Ashland Place, Brooklyn NY 11217
Principal officer (990 for 2024)
BEATRICE GALILEE, 250 ASHLAND PLACE STE 4A, BROOKLYN, NY 11217
Principal officer (990-N for 2020)
Beatrice Galilee, 4A 250 Ashland Place, Brooklyn NY 11217
Signed the 990
BEATRICE GALILEE, EXECUTIVE DIRECTOR
Phone
(917) 922-1795
Return prepared by
EASY OFFICE DBA JITASA

Mission

THE WORLD AROUND IS A GLOBAL NONPROFIT PLATFORM WITH A SIMPLE BUT AMBITIOUS MISSION: TO MAKE THE BEST NEW IDEAS IN ARCHITECTURE ACCESSIBLE TO ALL. THE WORLD AROUNDS CRITICALLY ACCLAIMED PUBLIC PROGRAMS SHARE THE NOW, NEAR AND NEXT OF CONTEMPORARY ARCHITECTURE AND DESIGN CULTURE WITH A FOCUS ON INTERDISCIPLINARY, PROGRESSIVE, ACTIONABLE IDEAS AND CLIMATE JUSTICE.

990 for the year ended December 31, 2024

Program accomplishments

  • GENERAL PROGRAMS - THE WORLD AROUND'S GENERAL PROGRAMS ARE DESIGNED TO EXTEND THE ORGANIZATION'S MISSION YEAR-ROUND, BEYOND ITS FLAGSHIP EVENTS LIKE THE SUMMIT AND IN FOCUS SERIES. THESE PROGRAMS INCLUDE THE MAINTENANCE OF A COMPREHENSIVE NEWSLETTER THAT KEEPS A GLOBAL AUDIENCE ENGAGED WITH THE LATEST IN ARCHITECTURE, DESIGN, AND ENVIRONMENTAL DISCOURSE, AS WELL AS THE CREATION OF MULTIMEDIA CONTENT THAT AMPLIFIES KEY MESSAGES AND PROJECTS. A CORNERSTONE OF THE GENERAL PROGRAMS IS THE YOUNG CLIMATE PRIZE, WHICH IMPACTS 25 EXCEPTIONAL INDIVIDUALS UNDER THE AGE OF 25 BY PAIRING THEM WITH MENTORS FROM THE DESIGN INDUSTRY. THIS INITIATIVE NOT ONLY NURTURES YOUNG TALENT BUT ALSO PROVIDES GRANTS TO THREE WINNERS AND FULLY FUNDS THEIR TRIP TO NEW YORK CITY, WHERE THEY PRESENT THEIR WORK AT THE ANNUAL SUMMIT. ADDITIONALLY, GENERAL PROGRAMS SUPPORT VITAL ORGANIZATIONAL INFRASTRUCTURE, INCLUDING STAFF DEVELOPMENT AND FUNDRAISING ACTIVITIES, ENSURING THE WORLD AROUND CONTINUES TO BE A SUSTAINABLE AND DYNAMIC FORCE FOR PROMOTING DIALOGUE AND INNOVATION IN THE BUILT ENVIRONMENT.
    Expenses $172,859 · revenue $151,302
  • IN FOCUS - THE IN FOCUS SERIES REPRESENTS THE WORLD AROUND'S TRAVELING PROGRAMS, DESIGNED TO BRING TARGETED AND THEMATIC DISCUSSIONS TO NEW AUDIENCES ACROSS THE GLOBE. IN 2023, WE ORGANIZED AN IMPACTFUL IN FOCUS EVENT IN MILAN CENTERED ON THE THEME OF "RADICAL REPAIR," EXPLORING INNOVATIVE APPROACHES TO SUSTAINABLE DESIGN AND ENVIRONMENTAL RESTORATION. THIS PROGRAM CONVENED LEADING EXPERTS AND CREATIVE THINKERS TO SHARE INSIGHTS ON ADDRESSING ECOLOGICAL CHALLENGES THROUGH BOLD, REGENERATIVE PRACTICES. THE EVENT WAS BROADCAST WORLDWIDE AND ARCHIVED ON OUR WEBSITE AND ONLINE CHANNELS, MAKING IT ACCESSIBLE TO A BROAD AUDIENCE AND EXTENDING ITS REACH BEYOND PHYSICAL ATTENDEES. THE IN FOCUS SERIES UNDERSCORES THE WORLD AROUND'S COMMITMENT TO FOSTERING IN-DEPTH, GLOBAL CONVERSATIONS ON CRITICAL TOPICS IN ARCHITECTURE AND DESIGN, ENSURING THAT THESE DIALOGUES CONTRIBUTE TO A COLLECTIVE UNDERSTANDING AND ACTION TOWARD A MORE SUSTAINABLE FUTURE.
    Expenses $130,323
  • SUMMIT - THE WORLD AROUND SUMMIT IS OUR FLAGSHIP ANNUAL EVENT, DEDICATED TO SHARING THE MOST VISIONARY AND IMPACTFUL IDEAS IN CONTEMPORARY ARCHITECTURE AND DESIGN. THIS PROGRAM BRINGS TOGETHER A DISTINGUISHED LINEUP OF INTERNATIONAL SPEAKERS-FROM LEADING ARCHITECTS AND DESIGNERS TO EMERGING TALENTS AND WINNERS OF OUR YOUNG CLIMATE PRIZE-TO PRESENT THEIR WORK AND INSIGHTS. FOCUSED ON ECOLOGICAL AND SOCIAL JUSTICE, THE SUMMIT SERVES AS A GLOBAL PLATFORM FOR SHOWCASING PROJECTS THAT ADDRESS CRITICAL ENVIRONMENTAL AND SOCIETAL CHALLENGES. LIVESTREAMED AND BROADCAST FREE OF CHARGE TO A WORLDWIDE AUDIENCE, THE SUMMIT EMBODIES THE WORLD AROUND'S MISSION TO MAKE CUTTING-EDGE ARCHITECTURAL AND DESIGN DISCOURSE ACCESSIBLE TO ALL. BY REACHING THOUSANDS OF VIEWERS ACROSS CONTINENTS, WE AIM TO DEMOCRATIZE KNOWLEDGE, INSPIRE ACTIONABLE CHANGE, AND FOSTER A GLOBAL NETWORK COMMITTED TO SUSTAINABLE AND EQUITABLE PRACTICES IN THE BUILT ENVIRONMENT.
    Expenses $112,629 · revenue $72,488
  • OTHER: YOUNG CLIMATE PRIZE
    Expenses $85,909

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-3707451
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$38,422
Income (IRS master file)
$738,309

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$707,493$792,310$38,422IRS
990December 2023$461,660$653,298$59,939XML
990December 2022$282,291$430,440$230,972IRS
990December 2021$670,134$347,012$423,222IRS
990-N for 2020
Officer: Beatrice Galilee
December 31, 2020≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-3707451).

Questions about WORLD AROUND INC

What is the EIN of WORLD AROUND INC?
The employer identification number (EIN) of WORLD AROUND INC is 85-3707451.
Is WORLD AROUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to WORLD AROUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WORLD AROUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WORLD AROUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WORLD AROUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WORLD AROUND INC?
The 990 for the year ended December 31, 2024 names BEATRICE GALILEE.
Who are the officers and directors of WORLD AROUND INC?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $120,165 (BEATRICE GALILEE, EXECUTIVE DIRECTOR).
How much revenue does WORLD AROUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $707,493, expenses of $792,310 and total assets of $38,422 at year end.

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