German American Cultural Society
EIN: 50497177 · Pawtucket, RI · NTEE: A230
| Metric | Value |
|---|---|
| Total Revenue | $307K |
| Total Expenses | $194K |
| Net Assets | $258K |
Is German American Cultural Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About German American Cultural Society
German American Cultural Society (EIN: 50497177) is a nonprofit organization based in Pawtucket, RI, classified under NTEE code A230. The organization reported total revenue of $307K and total assets of $338K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of German American Cultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
German American Cultural Society is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $216K |
| Total Expenses | $194K |
| Surplus / Deficit | +$23K |
| Total Assets | $309K |
| Total Liabilities | $51K |
| Net Assets | $258K |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 19.1 months |
Financial Health Grade: A
In 2023, German American Cultural Society reported a surplus of $23K with revenue exceeding expenses, holds 19.1 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), German American Cultural Society's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.0% | +4.7% | +9.1% |
| 2022 | +22.2% | +38.2% | +7.1% |
| 2021 | +74.9% | +16.5% | +2.7% |
| 2020 | -51.9% | -31.8% | -10.5% |
| 2019 | +16.5% | -3.7% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for German American Cultural Society has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates German American Cultural Society with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.6%.
Frequently Asked Questions about German American Cultural Society
Is German American Cultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, German American Cultural Society (EIN: 50497177) insufficient data. 0 red flags identified, 0 strengths noted.
How does German American Cultural Society spend its money?
Detailed spending breakdown data is not yet available for German American Cultural Society. Check back for updated IRS 990 analysis.
Are donations to German American Cultural Society tax-deductible?
German American Cultural Society is registered as a tax-exempt nonprofit (EIN: 50497177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is German American Cultural Society located?
German American Cultural Society is headquartered in Pawtucket, Rhode Island and files with the IRS under EIN 50497177. It is classified under NTEE code A230.
How many years of IRS 990 filings does German American Cultural Society have?
German American Cultural Society has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $307K in total revenue.
Filing History
IRS 990 filing history for German American Cultural Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), German American Cultural Society's revenue has grown by 67.5%, moving from $129K to $216K. Total assets increased by 45.5% over the same period, from $212K to $309K. Total functional expenses rose by 54.2%, from $126K to $194K. In its most recent filing year (2023), German American Cultural Society reported a surplus of $23K, with revenue exceeding expenses. The organization holds $51K in liabilities against $309K in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $258K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $216K | $194K | $309K | $51K | — | — |
| 2022 | $190K | $185K | $283K | $48K | — | View 990 |
| 2021 | $155K | $134K | $264K | $34K | — | View 990 |
| 2020 | $89K | $115K | $257K | $49K | — | — |
| 2019 | $185K | $168K | $288K | $53K | — | View 990 |
| 2018 | $159K | $175K | $273K | $54K | — | View 990 |
| 2017 | $151K | $160K | $289K | $54K | — | View 990 |
| 2016 | $181K | $138K | $273K | $30K | — | View 990 |
| 2015 | $150K | $156K | $227K | $27K | — | View 990 |
| 2014 | $166K | $152K | $235K | $28K | — | View 990 |
| 2013 | $133K | $138K | $211K | $18K | — | View 990 |
| 2012 | $148K | $142K | $218K | $21K | — | View 990 |
| 2011 | $129K | $126K | $212K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $216K, expenses of $194K, and assets of $309K (revenue +14.0% year-over-year).
- 2022: Revenue of $190K, expenses of $185K, and assets of $283K (revenue +22.2% year-over-year).
- 2021: Revenue of $155K, expenses of $134K, and assets of $264K (revenue +74.9% year-over-year).
- 2020: Revenue of $89K, expenses of $115K, and assets of $257K (revenue -51.9% year-over-year).
- 2019: Revenue of $185K, expenses of $168K, and assets of $288K (revenue +16.5% year-over-year).
- 2018: Revenue of $159K, expenses of $175K, and assets of $273K (revenue +4.9% year-over-year).
- 2017: Revenue of $151K, expenses of $160K, and assets of $289K (revenue -16.6% year-over-year).
- 2016: Revenue of $181K, expenses of $138K, and assets of $273K (revenue +20.6% year-over-year).
- 2015: Revenue of $150K, expenses of $156K, and assets of $227K (revenue -9.5% year-over-year).
- 2014: Revenue of $166K, expenses of $152K, and assets of $235K (revenue +25.1% year-over-year).
- 2013: Revenue of $133K, expenses of $138K, and assets of $211K (revenue -10.0% year-over-year).
- 2012: Revenue of $148K, expenses of $142K, and assets of $218K (revenue +14.2% year-over-year).
- 2011: Revenue of $129K, expenses of $126K, and assets of $212K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for German American Cultural Society:
Data Sources and Methodology
This transparency report for German American Cultural Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.