Washington Institute Of Foreign Affairs is located in Rockville, MD. The organization was established in 1964. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Institute Of Foreign Affairs is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2024, Washington Institute Of Foreign Affairs generated $127.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $166.4k during the year ending 09/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROMOTE THE KNOWLEDGE AND UNDERSTANDING OF INTERNATIONAL AFFAIRS AND PROBLEMS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Steinfeld Director | 1 | $0 | |
Annie E Pforzheimer Director | 1 | $0 | |
Clarion E Johnson Director | 1 | $0 | |
Daniel J Wacker Director | 1 | $0 | |
Donald B Kursch Director | 1 | $0 | |
Robert A Bradtke Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $126,690 |
| Membership dues | $0 |
| Investment income | $1,031 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,721 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,665 |
| Professional fees and other payments to independent contractors | $6,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,014 |
| Other expenses | $82,690 |
| Total expenses | $166,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,533 |
| Other assets | $0 |
| Total assets | $71,023 |
| Total liabilities | $575 |
| Net assets or fund balances | $70,448 |