German Institute For The Southwest
- Assets
- $43.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 81-0721984
Organization Overview
German Institute For The Southwest is located in Houston, TX. The organization was established in 2016. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. German Institute For The Southwest 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, German Institute For The Southwest generated $83.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $104.3k 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 |
|---|---|---|---|
Angelika Schmidt-Lange Pres/treas/exec Dir | 60 | $24,315 | |
Wolfgang Schmidt Secretary/director | 10 | $0 | |
Kathryn Kennedy Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $83,620 |
| Membership dues | $80 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,706 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,211 |
| Professional fees and other payments to independent contractors | $1,218 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $790 |
| Other expenses | $26,081 |
| Total expenses | $104,300 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,828 |
| Other assets | $0 |
| Total assets | $43,828 |
| Total liabilities | $1,463 |
| Net assets or fund balances | $42,365 |