Nonprofit · EIN 58-1606811
WORLD AFFAIRS COUNCIL OF CHARLOTTE
Tax-exempt · CHARLOTTE, NC 28223
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,311,877 | $1,109,518 | $202,359 | $1,151,468 | $8,501 | $1,142,967 |
| December 31, 2023 | 990 | $938,508 | $950,649 | -$12,141 | $891,988 | $7,978 | $884,010 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $495,221
- Program service revenue
- $803,932
- Investment income
- $69
- Net income from fundraising events
- $12,655
- Other revenue
- $12,655
Expenses
- Grants and similar amounts paid
- $34,184
- Compensation of officers, directors and key employees
- $283,494
- Other salaries and wages
- $202,257
- Salaries, compensation and benefits (total)
- $583,041
- Professional fundraising fees
- $0
- Accounting fees
- $16,188
- Travel
- $341,822
- Depreciation
- $649
- Program services (functional)
- $923,817
- Management and general (functional)
- $124,220
- Fundraising (functional)
- $61,481
Balance sheet and other
- Total assets, start of year
- $891,988
- Total assets, end of year
- $1,151,468
- Total liabilities, end of year
- $8,501
- Net assets, end of year
- $1,142,967
- Land, buildings and equipment
- $619
- Net assets without donor restrictions
- $560,180
- Net assets with donor restrictions
- $582,787
- Gross receipts
- $1,423,043
- Employees
- 5
- Volunteers
- 79
- Year formed
- 1983
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ljubomir Stambuk | President & CEO Officer | 40 | $283,494 | $49,161 |
| Charlotte J Klopp | VP, Programs & Edu | 40 | $111,279 | $12,184 |
| Hon Wayne P Cooper | Director Trustee or director | 1 | $0 | $0 |
| Ms Jane Mangan | Director Trustee or director | 1 | $0 | $0 |
| Mr Michael Gwyn | Director Trustee or director | 1 | $0 | $0 |
| Dr David Callaway | Director Trustee or director | 1 | $0 | $0 |
| Ms Genevive Pich | Director Trustee or director | 1 | $0 | $0 |
| Mr John Lassiter | Director Trustee or director | 1 | $0 | $0 |
| Dr Claudio Carpano | Director Trustee or director | 1 | $0 | $0 |
| Dr Derek Raghavan | Director Trustee or director | 1 | $0 | $0 |
| Mr Stephen R Hunting | Director Trustee or director | 1 | $0 | $0 |
| Dr Marie-Claire Marroum | Director Trustee or director | 1 | $0 | $0 |
| Mr Jake Burns | Director Trustee or director | 1 | $0 | $0 |
| Mr Firoz Peera | Director Trustee or director | 1 | $0 | $0 |
| Mr Michael McNamara | Chair Trustee or director, Officer | 1 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mrs Cecilia A Ramirez | Director Trustee or director | 1 | $0 |
| Mrs Laura Meyer Wellman | Director Trustee or director | 1 | $0 |
| Mr Rajnish Bharadwaj | Past Chair Trustee or director, Officer | 1 | $0 |
| Mr Oscar Cranz III | Director Trustee or director | 1 | $0 |
| Mr Jol Gallegos | Director Trustee or director | 1 | $0 |
| Mr Rohan Paul | Director Trustee or director | 1 | $0 |
| Ms Elizabeth Murphy | Director Trustee or director | 1 | $0 |
| Mr Kent Walker | Director Trustee or director | 1 | $0 |
| Mr G Hunter Shull Jr | Director Trustee or director | 1 | $0 |
| Mr George Johnson | Director Trustee or director | 1 | $0 |
| Mr Jared Mobley | Director Trustee or director | 1 | $0 |
| Mr Scott Tozier | Director Trustee or director | 1 | $0 |
| Mr Armando Chardiet | Director Trustee or director | 1 | $0 |
| Mr David Jones | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ljubomir Stambuk | President & CEO Officer | 40 | $274,368 | $46,995 |
| Charlotte J Klopp | VP, Programs & Edu | 40 | $102,000 | $11,270 |
| Hon Wayne P Cooper | Past Chair Trustee or director, Officer | 1 | $0 | $0 |
| Mr Dwight Gibson | Director Trustee or director | 1 | $0 | $0 |
| Mr Michael Gwyn | Director Trustee or director | 1 | $0 | $0 |
| Dr David Callaway | Director Trustee or director | 1 | $0 | $0 |
| Dr Vikram Kumar | Director Trustee or director | 1 | $0 | $0 |
| Mr Robert Holcombe | Director Trustee or director | 1 | $0 | $0 |
| Mr John Lassiter | Director Trustee or director | 1 | $0 | $0 |
| Dr Claudio Carpano | Director Trustee or director | 1 | $0 | $0 |
| Dr Derek Raghavan | Director Trustee or director | 1 | $0 | $0 |
| Mr Stephen R Hunting | Director Trustee or director | 1 | $0 | $0 |
| Dr Marie-Claire Marroum | Director Trustee or director | 1 | $0 | $0 |
| Dr Saad Ehtisham | Director Trustee or director | 1 | $0 | $0 |
| Mr Firoz Peera | Director Trustee or director | 1 | $0 | $0 |
| Mr Michael McNamara | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Mrs Cecilia A Ramirez | Director Trustee or director | 1 | $0 | $0 |
| Mrs Laura Meyer Wellman | Director Trustee or director | 1 | $0 | $0 |
| Mrs Rina Arline | Director Trustee or director | 1 | $0 | $0 |
| Hon Millie Cox | Director Trustee or director | 1 | $0 | $0 |
| Mr Rajnish Bharadwaj | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Mr Oscar Cranz III | Director Trustee or director | 1 | $0 | $0 |
| Mr Jol Gallegos | Director Trustee or director | 1 | $0 | $0 |
| Mr Rohan Paul | Director Trustee or director | 1 | $0 | $0 |
| Ms Elizabeth Murphy | Director Trustee or director | 1 | $0 | $0 |
| Mr Kent Walker | Director Trustee or director | 1 | $0 | $0 |
| Mr G Hunter Shull Jr | Director Trustee or director | 1 | $0 | $0 |
| Mr George Johnson | Director Trustee or director | 1 | $0 | $0 |
| Mr Jared Mobley | Director Trustee or director | 1 | $0 | $0 |
| Mr Scott Tozier | Director Trustee or director | 1 | $0 | $0 |
| Mr Armando Chardiet | Director Trustee or director | 1 | $0 | $0 |
| Mr David Jones | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 9201 UNIVERSITY CITY BLVD - UNC CHA, CHARLOTTE, NC 28223-0001
- In care of
- % UNC CHARLOTTE 227 CHHS
- Principal officer (990 for 2024)
- Ljubomir Stambuk, 227 CHHS 9201 University City Blvd, Charlotte, NC 28223
- Signed the 990
- Ljubomir Stambuk, President & CEO
- Phone
- (704) 687-7762
- Return prepared by
- Foard and Company PA
Mission
By serving as a regional center for education and discussion of world affairs, the Council seeks to provide leadership for global thinking, believing that a broad perspective is necessary for effective competition in the global economy and for responsible citizenship
Program accomplishments
- Mission: By serving as a regional center for education and discussion of world affairs, the Council seeks to provide leadership for global thinking, believing that a broad perspective is necessary for effective competition in the global economy and for responsible citizenship.Major Educational Programs Speaker Series: Each year, the WAC Charlotte recruits internationally renowned government leaders, authors and policy makers for the WACC Speaker Series Program. Selected speakers present on diverse topics to include the global economic crisis, energy policy and climate change, current events, global health, national and global security, foreign policy, public diplomacy and international affairs. Distinguished Speaker Series: Beginning in 2020, the Council began producing virtual programming, including webinars and meetings. The Council hosts ambassadors, academics, economists, journalists, etc. from around the world in a virtual programming model. Ambassadors Circle Series: Current and former ambassadors and high-ranking government officials who visit Charlotte often talk about the relationship of the U.S. with countries around the world and the benefits of those strategic diplomatic partnerships through the Ambassadors Circle Series. CEO Series: The Councils CEO Speaker Series hosts chief executive officers from organizations headquartered in the greater Charlotte area who share information about their respective companies from a global perspective, the role they play in economies worldwide and their views of the global economy and financial markets across the world. WorldQuest: Teams from the Charlotte community, formed by universities, corporations, social groups, etc. are invited to compete for awards in this international trivia competition. Though WorldQuest was originally created for adults, the overwhelming popularity led to the Council offering Academic WorldQuest for local high school students. Academic WorldQuest: Based on the adult model, teams from local public and private high schools in Mecklenburg and surrounding counties are invited to compete for awards in this international trivia competition. This event has gained in popularity so that many schools have an Academic WorldQuest Coach and students compete for the honor of representing their schools. Council Scholars: This program recognizes outstanding Charlotte area teachers, grades PK-12, who have demonstrated a commitment to, and interest in international education. Each award of $3,500 may be used to attend international/domestic conferences or to participate in study abroad programs. Many teachers use these funds for travel and are able to bring back and share with their students new perspectives, enriching and enhancing the classroom experience. Young Professionals of WACC (YPWACC) YPWACC is a network of internationally minded young professionals in the Charlotte area committed to engaging in social and educational activities that promote global and cultural understanding. YPWACC is dedicated to encouraging young adults (ages 21-40) to "bring the world to Charlotte" through events such as the Drink About It Series, Global Social Happy Hours, Activity Mixers, International Career Panels, Adventures in Dining and International Artist Workshop Series. World Citizen Award Dinner: The World Citizen Award Dinner has become an important part of the educational and international fabric of the Queen City. The Charlotte Council annually presents the World Citizen Award to a prominent individual or organization that has enhanced our communitys global standing through accomplishments of international significance. Each year, a capacity audience gathers to celebrate and recognize the achievements of the award recipients. Business Breakfast Series: For a local perspective on the economy, the Business Breakfast Series provides insight from Charlotte-area business experts and key decision-makers about the impact of global events on North Carolina and the Charlotte community. Great Decisions: Co-sponsored together with UNC Charlotte, the Great Decisions program highlights eight of the most thought-provoking foreign policy challenges facing Americans each year. Great Decisions provides background information, current data and policy options for each issue and serves as the focal text for discussion groups. International Womens Day: International Women's Day is a global celebration of women's social, economic, cultural, and political achievements, and the progress that has been made towards gender equality. It is observed annually on March 8th, and is a day for individuals and organizations around the world to come together and promote women's rights and empowerment. The World Affairs Council, in partnership with Bank of America, is one of the organizations that hosts an annual International Women's Day event. This event is an opportunity to highlight the contributions of women in various fields, as well as the challenges they still face. The event features keynote speakers, panel discussions, and other activities that aim to educate and inspire attendees. Through this partnership, the World Affairs Council and Bank of America are able to bring together diverse perspectives and expertise to address the complex issues facing women around the world. This collaboration underscores the importance of public-private partnerships in advancing gender equality and empowering women to achieve their full potential. National Security Series: Current and past military leaders and defense and national security experts offer their perspectives on the management of threats to security here in the United States and abroad to the Charlotte community.Expenses $588,128 · grants $34,184 · revenue $387,548
- Travel Advantage Program Through the WACC Travel Advantage Program, members are able to participate in international travel opportunities that include sightseeing highlights, in addition to special briefings and behind the scene tours presented by political leaders and local experts. Most recently, WACC members traveled to Chile and Rapa Nui (October 2024), Amalfi Coast (May 2024), Egypt and Jordan (March 2023), Croatia and Slovenia (September and October 2022), Basque Country (June 2022), Chile and Argentina (March 2020), Greece (September 2019), and Peru (May 2019).Expenses $335,689 · revenue $416,384
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1606811
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q050)
- Assets (IRS master file)
- $1,151,468
- Income (IRS master file)
- $1,423,043
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,311,877 | $1,109,518 | $1,151,468 | IRS |
| 990 | December 2023 | $938,508 | $950,649 | $891,988 | XML |
| 990 | December 2022 | $1,172,722 | $873,774 | $824,236 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 58-1606811).
Questions about WORLD AFFAIRS COUNCIL OF CHARLOTTE
- What is the EIN of WORLD AFFAIRS COUNCIL OF CHARLOTTE?
- The employer identification number (EIN) of WORLD AFFAIRS COUNCIL OF CHARLOTTE is 58-1606811.
- Is WORLD AFFAIRS COUNCIL OF CHARLOTTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to WORLD AFFAIRS COUNCIL OF CHARLOTTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WORLD AFFAIRS COUNCIL OF CHARLOTTE 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 AFFAIRS COUNCIL OF CHARLOTTE 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 AFFAIRS COUNCIL OF CHARLOTTE 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 AFFAIRS COUNCIL OF CHARLOTTE?
- The 990 for the year ended December 31, 2024 names Ljubomir Stambuk.
- Who are the officers and directors of WORLD AFFAIRS COUNCIL OF CHARLOTTE?
- The 990 for the year ended December 31, 2024 lists 29 people; 2 received compensation from the organization, the highest $283,494 (Ljubomir Stambuk, President & CEO).
- How much revenue does WORLD AFFAIRS COUNCIL OF CHARLOTTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,311,877, expenses of $1,109,518 and total assets of $1,151,468 at year end.
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