2023 Form 990 - World Affairs Council 3.31.24 YE - Flipbook - Page 22
WORLD AFFAIRS COUNCIL OF
DALLAS/FORT WORTH
Schedule A (Form 990) 2023
Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
75-0855628 Page 6
Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 ( explain in Part VI). See instructions.
All other Type III non-functionally integrated supporting organizations must complete Sections A through E.
Section A - Adjusted Net Income
1
Net short-term capital gain
1
2
Recoveries of prior-year distributions
2
3
Other gross income (see instructions)
3
4
Add lines 1 through 3.
4
5
Depreciation and depletion
5
6
Portion of operating expenses paid or incurred for production or
(A) Prior Year
(B) Current Year
(optional)
(A) Prior Year
(B) Current Year
(optional)
collection of gross income or for management, conservation, or
maintenance of property held for production of income (see instructions)
6
7
Other expenses (see instructions)
7
8
Adjusted Net Income (subtract lines 5, 6, and 7 from line 4)
8
Section B - Minimum Asset Amount
1
Aggregate fair market value of all non-exempt-use assets (see
instructions for short tax year or assets held for part of year):
a Average monthly value of securities
b Average monthly cash balances
1b
c Fair market value of other non-exempt-use assets
d Total (add lines 1a, 1b, and 1c)
1d
1a
1c
e Discount claimed for blockage or other factors
(explain in detail in Part VI):
2
Acquisition indebtedness applicable to non-exempt-use assets
2
3
Subtract line 2 from line 1d.
3
4
Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount,
see instructions).
4
5
Net value of non-exempt-use assets (subtract line 4 from line 3)
5
6
Multiply line 5 by 0.035.
6
7
Recoveries of prior-year distributions
7
8
Minimum Asset Amount (add line 7 to line 6)
8
Current Year
Section C - Distributable Amount
1
Adjusted net income for prior year (from Section A, line 8, column A)
1
2
Enter 0.85 of line 1.
2
3
Minimum asset amount for prior year (from Section B, line 8, column A)
3
4
Enter greater of line 2 or line 3.
4
5
Income tax imposed in prior year
5
6
Distributable Amount. Subtract line 5 from line 4, unless subject to
emergency temporary reduction (see instructions).
7
6
Check here if the current year is the organization's first as a non-functionally integrated Type III supporting organization (see
instructions).
Schedule A (Form 990) 2023
332026 12-21-23
19010211 784124 WOR062000
21
2023.05050 WORLD AFFAIRS COUNCIL OF
WOR06201
