Overview
What is German-American Culteral Foundation Of Wisconsin Inc?
The German-American Culteral Foundation Of Wisconsin Inc, located in Menomonee Falls, Wisconsin, is a nonprofit organization dedicated to promoting the social welfare of German culture. They achieve this goal by hosting social and educational events that celebrate German heritage and sponsoring events specifically for the German community. Based in the Milwaukee area, they aim to preserve and promote German culture within their local community and surrounding areas, boasting a team of 24 employees.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The German-American Cultural Foundation of Wisconsin Inc has received a Two-Star rating, indicating areas for improvement despite some strong accountability measures. The overall score is based solely on the Accountability & Finance category, where it scored 73%.
The foundation demonstrates strengths in board governance, with a completely independent board, and has no issues with material asset diversion. Its program expense ratio is notably high at 99.53%, suggesting that a significant majority of funds are directed toward its programs. However, the lack of a website listed on the tax form and missing policies regarding conflicts of interest and whistleblower protection are critical weaknesses that contributed to its lower rating.
Additionally, while the organization has maintained solid financial ratios, the absence of critical governance policies and transparency tools raises concerns. To enhance its accountability and overall score, the foundation could benefit from addressing these missing elements and improving its online presence.
This AI summary has been generated from information found on Charity Navigator.
Is German-American Culteral Foundation Of Wisconsin Inc legitimate?
German-American Culteral Foundation Of Wisconsin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. German-American Culteral Foundation Of Wisconsin Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,411
For more financial information, click here
What is the mission statement of German-American Culteral Foundation Of Wisconsin Inc?
The German-American Cultural Foundation of Wisconsin Inc. is committed to enhancing the social well-being of German culture in the Milwaukee and surrounding areas. They achieve this mission by organizing social and educational events that celebrate German heritage. Furthermore, the foundation sponsors social events for individuals with German origins. Their activities aim to promote and preserve the rich cultural heritage of Germany in the local community.
Who is the CEO of German-American Culteral Foundation Of Wisconsin Inc?
Carol Gdula is the Jaegermeiste of German-American Culteral Foundation Of Wisconsin Inc.
What is the revenue of German-American Culteral Foundation Of Wisconsin Inc?
German-American Culteral Foundation Of Wisconsin Inc's revenue in 2022 was $486,229.
Who are the executives of German-American Culteral Foundation Of Wisconsin Inc and what are their salaries?
The average compensation at German-American Culteral Foundation Of Wisconsin Inc during 2022 was $5,100. There are 24 employees at German-American Culteral Foundation Of Wisconsin Inc.
Here are 14 key members and their salaries:
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Where can I find the form 990 for German-American Culteral Foundation Of Wisconsin Inc?
German-American Culteral Foundation Of Wisconsin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of German-American Culteral Foundation Of Wisconsin Inc
The German-American Cultural Foundation of Wisconsin Inc is dedicated to advancing the social welfare of German culture in the Milwaukee area and its surroundings. To achieve this, the organization undertakes various social and educational events that celebrate German heritage, and sponsors events specifically for individuals of German descent. By doing so, the German-American Cultural Foundation of Wisconsin Inc plays a vital role in preserving and promoting German culture within its community.
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Impact
July, 2024
The German-American Cultural Foundation of Wisconsin Inc plays a vital role in promoting and preserving the rich heritage of German culture in the Milwaukee and surrounding areas. Through its social and educational events, the foundation brings together individuals with German background to celebrate their traditions and customs. By fostering a sense of community and connection among German people, the foundation contributes to the cultural diversity and social fabric of the region. Its efforts help to maintain a strong connection to German roots while also sharing this cultural legacy with the broader community.
This information is meant to be a general summary of German-American Culteral Foundation Of Wisconsin Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6
- Program Service Revenue: $410,247
- Gross Receipts: $486,229
Assets and Liabilities:
- Total Assets: $1,332,632
- Total Liabilities: $201,822
- Net Assets: $1,130,810
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOTAL INCOME - GACF
Revenue
$230,656
TOTAL INCOME - MSC
Revenue
$179,591
Organization Details
Founding Year
2003
Phone
(262) 894-1159Principal Officer
Carol Gdula
Main Address
N56 W14750 SILVER SPRING DRIVE, MENOMONEE FALLS, WI, 530515936
NTEE Category
Code: A23 - Arts
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