Overview
What is Austrian-American Council West?
The Austrian-American Council West, based in Los Angeles, California, is a nonprofit organization dedicated to fostering connections between California and Austria in the realms of education, culture, and science. They achieve this goal by promoting and disseminating knowledge about Austria's contributions in these fields. Additionally, the council grants funds to other tax-exempt organizations, furthering their mission of facilitating exchanges and collaborations between the two regions. Currently, they have taken direct action to aid victims of the earthquake in Turkey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
The Austrian-American Council West has received a low overall rating due to concerns regarding its financial accountability and efficiency. While the organization boasts a fully independent board and shows no material diversion of assets, it has received a notably low score in terms of its program expense ratio, indicating that a significant portion of its expenditures may not be directed towards its programs.
Strengths include a 100% independent board and a strong liabilities to assets ratio, demonstrating fiscal stability. The board actively documents its meeting minutes, which contributes to transparency. However, the low program expense ratio suggests that the charity may not be utilizing its funds as effectively as possible to achieve its stated mission, raising questions about its operational efficacy.
Overall, while the Austrian-American Council West has structural strengths in governance and fiscal management, the significant gap in program expenditure indicates a need for improvement in delivering impact through its services. Potential donors and supporters may want to consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Austrian-American Council West legitimate?
Austrian-American Council West is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austrian-American Council West 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.
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What is the mission statement of Austrian-American Council West?
The Austrian-American Council West is committed to promoting and disseminating education and knowledge about Austria's contributions to art, science, and culture. They strive to foster exchanges between California and Austria at educational, cultural, and scientific levels. Additionally, they provide grants to other tax-exempt organizations to further these goals. In response to the earthquake in Turkey, they have also provided direct relief to assist the affected victims.
Who is the CEO of Austrian-American Council West?
Veronika Reinelt is the President of Austrian-American Council West.
What is the revenue of Austrian-American Council West?
Austrian-American Council West's revenue in 2023 was $159,285.
Who are the executives of Austrian-American Council West and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Austrian-American Council West?
Austrian-American Council West's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Austrian-American Council West
The Austrian-American Council West is committed to promoting and disseminating education and knowledge about Austria's contributions to art, science, and culture. This nonprofit organization also aims to foster exchanges between California and Austria at the educational, cultural, and scientific levels. Furthermore, the Austrian-American Council West makes grants to other tax-exempt organizations, contributing to various initiatives and projects. During a recent crisis, the organization directly provided relief to Turkey, assisting victims affected by an earthquake.
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Impact
October, 2024
The Austrian-American Council West plays a vital role in enhancing cultural and educational ties between California and Austria. By promoting awareness of Austria's historical and contemporary contributions to art and science, it fosters a greater appreciation for these fields among diverse audiences.
Through its initiatives, the Council facilitates exchanges that enrich educational and cultural experiences for both Californians and Austrians. Additionally, the organization offers grants to support other tax-exempt entities engaged in similar endeavors, thereby amplifying its impact within the community.
A recent example of its humanitarian efforts includes providing direct relief to earthquake victims in Turkey, demonstrating its commitment to responsive action in times of crisis. Overall, the Council's initiatives contribute to a broader understanding and appreciation of Austrian culture and foster international collaboration, deepening connections across borders.
This information is meant to be a general summary of Austrian-American Council West. 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 2023.
- Investment Income: $98,857
- Gross Receipts: $159,285
Assets and Liabilities:
- Total Assets: $2,453,765
- Total Liabilities: $0
- Net Assets: $2,453,765
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Organization Details
Founding Year
1993
Phone
(310) 559-8770Principal Officer
Veronika Reinelt
Main Address
2701 FORRESTER DRIVE, LOS ANGELES, CA, 90064
NTEE Category
Code: Q20 - International
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