Institute Of World Culture
- Assets
- $441.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 01/1977
- Data as of
- 12/2022
- EIN
- 95-9628205
Organization Overview
Institute Of World Culture is located in Santa Barbara, CA. The organization was established in 1977. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute Of World Culture is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Institute Of World Culture generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $31.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Dorrance President | 25 | $0 | |
Jonathan Colbert Resigned Mid-Year Vice President | 10 | $0 | |
Donna Moore Treasurer | 15 | $0 | |
Gerry Lewin Secretary | 25 | $0 | |
Robert Moore Director | 25 | $0 | |
Christine Nolt Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,309 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,330 |
| Investment income | $95 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $21,600 |
| Total Revenue | $51,292 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,514 |
| Occupancy, rent, utilities, and maintenance | $9,749 |
| Printing, publications, postage, and shipping | $519 |
| Other expenses | $16,116 |
| Total expenses | $31,898 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,054 |
| Other assets | $0 |
| Total assets | $441,845 |
| Total liabilities | $343,070 |
| Net assets or fund balances | $98,775 |