Form 990 for tax year 2022
Filed by WORLD AFFAIRS COUNCIL OF KENTUCKY SOUTHERN INDIANA.
Totals
- Total revenue
- $452,625
- Total expenses
- $332,314
- Contributions and grants received
- $307,345
- Grants paid
- $0
- Program service revenue
- $140,586
- Investment income
- $11
- Other revenue
- $4,683
- Total assets, end of year
- $252,995
- Total liabilities, end of year
- $8,758
- Net assets or fund balances, end of year
- $244,237
- Program services expenses (Part IX)
- $208,935
- Management and general expenses
- $123,379
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $208,935
Program services were 62.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$11,176
-
1e · Government grants (contributions)
$100,000
-
1f · All other contributions, gifts and grants
$196,169
-
2a · Program service revenue: EXCHANGE PROGRAM
total $130,941 · related or exempt $130,941
-
2b · Program service revenue: SPEAKER PROGRAM
total $6,590 · related or exempt $6,590
-
2c · Program service revenue: LEARNING PROGRAM
total $2,353 · related or exempt $2,353
-
2d · Program service revenue: SISTER CITIESOTHER
total $702 · related or exempt $702
-
3 · Investment income
total $11 · excluded $11
-
11a · Other revenue: CREDIT REWARDS
total $619 · excluded $619
-
11b · Other revenue: HOTEL REBATES
total $4,064 · excluded $4,064
-
11e · Other revenue, total
$4,683
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $60,000 · program services $42,000 · management and general $18,000
-
7 · Other salaries and wages
total $76,409 · program services $53,486 · management and general $22,923
-
10 · Payroll taxes
total $29,201 · program services $21,109 · management and general $8,092
-
11c · Fees: accounting
total $6,000 · management and general $6,000
-
12 · Advertising and promotion
total $17,538 · management and general $17,538
-
13 · Office expenses
total $6,159 · management and general $6,159
-
14 · Information technology
total $7,035 · management and general $7,035
-
16 · Occupancy
total $7,900 · management and general $7,900
-
23 · Insurance
total $7,865 · management and general $7,865
-
24a · Other expenses: BUSINESS DEVELOPMENT
total $21,867 · management and general $21,867
-
24b · Other expenses: SPEAKER PROGRAM
total $20,317 · program services $20,317
-
24c · Other expenses: EXCHANGE PROGRAM
total $62,862 · program services $62,862
-
24d · Other expenses: LEARNING PROGRAM
total $2,987 · program services $2,987
-
24e · All other expenses
total $6,174 · program services $6,174
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $100,397 · end of year $220,389
-
4 · Accounts receivable
beginning of year $13,955 · end of year $6,975
-
10a · Land, buildings and equipment: cost or other basis
$31,266
-
10b · Land, buildings and equipment: accumulated depreciation
$6,254
-
10c · Land, buildings and equipment, net
beginning of year $25,012 · end of year $25,012
-
15 · Other assets
end of year $619
-
17 · Accounts payable and accrued expenses
beginning of year $2,937 · end of year $8,758
-
23 · Secured mortgages and notes payable
beginning of year $6,664
-
27 · Net assets without donor restrictions
beginning of year $129,763 · end of year $244,237
Mission and programs · 2022
Mission
Deliver opportunities for the community toconnect with global leaders and engage with peers on international issues. Through a uniquelineup of programs, World Affairs Council is the regional hub for international exchange,dialogue and learning.
-
Learning Programs - Education is at the heart of WACs Mission. We help students to expand theirworld through the state-wide academic worldquest competition, opportunity to study/researchabroad through the Hershberg Scholarship, and prepare to be Global-ready with the globalcitizenship program. In doing so, we provide educators and schools with the resources to preparestudents to meet their cultural competency goals and to be global citizens for the internationalchallenges of tomorrow
Expenses $123,527
-
Exchange Program-The World Affairs Council (WAC) is a communiy-based member organization for theUS State Departments International Vistor Leadership Program and other federally-funded exchangeprograms. WAC develops professional and cultural programs for 200-300 official visitors each yearthat visit Kentucky/So. Indiana as guests of the US government. Citizen Diplomacy programs suchas these serve a vital role not only in improving understanding of America abroad, but also inassisting leaders from around the world in developing the capacity of their nations to help theircitizens improve their lives. It also provides Americans an opportunity to broaden theirunderstanding and appreciation of diverse cultures and beliefs. These programs support globalpeace and collaboration.
Expenses $62,862
-
Speaker Series - Regular speakers series directly engage the community with experts and diplomatson a variety of international issues. WAC has exclusive access to some of the most influentialand experienced diplomats, policy makers and thought leaders in the U.S. and abroad. Through oursignature Speaker Series and Pop-up talks, we connect the community on timely global issues thatelevates their work, life and learning.
Expenses $22,546
As filed on the 2022 return.
Listed in Part VII
-
Xiao Yin ZhaoXIAO YIN ZHAO
EXECUTIVE DIRECTOR
- Total calculated
- $60,000
- From this org
- $60,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Kristen WallischKRISTEN WALLISCH
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Wendy SirchioWENDY SIRCHIO
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
David WiegmanDAVID WIEGMAN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
John FahlandJOHN FAHLAND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Sarah GravesSARAH GRAVES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Amos IzerimanaAMOS IZERIMANA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ife BellIFE BELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jan GraysonJAN GRAYSON
BOARD OF DIRECTORS IMM PAST
- Total calculated
- $0
- Hours/week
- 1
-
Roberta HershbergROBERTA HERSHBERG
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Renee CampbellRENEE CAMPBELL
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Brian EasleyBRIAN EASLEY
VICE CHAIR - BOARD OF DIRECTO
- Total calculated
- $0
- Hours/week
- 1
-
Gloria MurrayGLORIA MURRAY
BOARD OF DIRECTORS SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Sabeen NasimSABEEN NASIM
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Wes KawataWES KAWATA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Christina MilnerCHRISTINA MILNER
CHAIR - BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303109349300000
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