American Council On Germany Inc is located in New York, NY. The organization was established in 1954. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, American Council On Germany Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Council On Germany Inc 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 12/2021, American Council On Germany Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN COUNCIL ON GERMANY (ACG) IS AN INDEPENDENT, NONPARTISAN NONPROFIT ORGANIZATION THAT WAS FOUNDED IN 1952 TO STRENGTHEN GERMAN-AMERICAN RELATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUE TO THE COVID-19 PANDEMIC, IN 2021 THE AMERICAN COUNCIL ON GERMANY WAS FORCED TO ENGAGE IN ONLINE PROGRAMMING FOR MUCH OF THE YEAR. AS OPPORTUNITIES PRESENTED THEMSELVES, THE ACG WAS ABLE TO ORGANIZE IN-PERSON GATHERINGS IN NEW YORK AND AT SOME OF ITS ERIC M. WARBURG CHAPTERS.DESPITE THESE CONSTRAINTS, THE ACG WAS ABLE TO REMAIN RELEVANT BY REACTING TO CURRENT EVENTS IN REAL TIME BY HOSTING OR CO-HOSTING NEARLY 200 ONLINE POLICY DISCUSSIONS ON A RANGE OF ISSUES SHAPING THE TRANSATLANTIC AGENDA. TOPICS INCLUDED THE COVID-19 RESPONSE, ECONOMIC CHALLENGES AND RECOVERY, THE RISE OF CHINA, THE IMPACT OF BREXIT, POLITICAL DEVELOPMENTS IN GERMANY AND EUROPE, THE FUTURE OF THE TRANSATLANTIC PARTNERSHIP, AND MORE. THESE TIMELY EVENTS INVOLVED MORE THAN 200 EXPERTS AND EXTERNAL MODERATORS (NEARLY 50 PERCENT OF WHOM ARE WOMEN) FROM EUROPE AND ACROSS THE UNITED STATES. THROUGH OUR VIRTUAL PROGRAMMING, THE ACG REACHED MORE THAN 15,000 UNIQUE VIEWERS INCLUDING MEMBERS, YOUNG LEADER ALUMNI, FELLOWSHIP ALUMNI, AND OTHER FRIENDS IN OUR 22 ERIC M. WARBURG CHAPTERS AND BEYOND. WITH VIEWERS FROM ALL 50 U.S. STATES AND ALL 16 BUNDESLANDER AND FROM MORE THAN 60 OTHER COUNTRIES ACGS PROGRAMMING HAS DEMONSTRATED THAT TRANSATLANTIC RELATIONS ARE NOT ONLY RELEVANT BUT ALSO OF GREAT INTEREST AROUND THE WORLD.THE COUNCIL STARTED A WEEKLY VIRTUAL KAFFEEPAUSE WITH A JOURNALIST BASED IN BERLIN TO DISCUSS THE NEWS BEHIND THE HEADLINES. THIS SERIES HAS DEVELOPED ITS OWN FOLLOWING. WORKING WITH THE NEW YORK-BASED NON-PROFIT 1014, THE ACG CONTINUED THE RESILIENCE AND ADAPTATION SERIES WHICH FEATURES A GERMAN AND AMERICAN EXPERT DISCUSSING THE IMPACT OF THE PANDEMIC ON ISSUES SUCH AS INTERNATIONAL RELATIONS, GLOBAL SUPPLY CHAINS, HOSPITALS, TRAVEL AND TOURISM, AND MORE.BUILDING ON THE [VIRTUAL] TRANSATLANTIC TOWN HALLS FEATURING MAYORS FROM GERMAN AND AMERICAN CITIES, THE ACG BROUGHT TOGETHER YOUNG PEOPLE WORKING IN YOUTH COUNCILS IN GERMAN AND AMERICAN SISTER CITIES FOR AN EXCHANGE OF IDEAS.THE ACG ALSO HOSTED VIRTUAL DISCUSSIONS WITH BUNDESTAG MEMBERS FOCUSED ON THE LOCAL AND NATIONAL RESPONSE TO THE PUBLIC-HEALTH, ECONOMIC, AND SOCIAL CRISES. THESE EVENTS HONED IN ON ISSUES SUCH AS HEALTH-CARE INFRASTRUCTURE, URBAN DEVELOPMENT, TRANSPORTATION, ENVIRONMENTAL ISSUES, DIGITALIZATION AND DIGITAL ACCESS, EDUCATION AND WORKFORCE DEVELOPMENT, SOCIAL EQUITY AND COHESION, AND GOVERNMENT ENGAGEMENT AND COMMUNICATION WITH CITIZENS.DUE TO THE PANDEMIC, THE ACG WAS UNABLE TO HOLD SOME OF ITS FLAGSHIP PROGRAMS SUCH AS THE AMERICAN-GERMAN YOUNG LEADERS CONFERENCE. IT WAS ALSO NOT POSSIBLE FOR FELLOWS TO TRAVEL OR FOR STUDY TOURS OR LEADERSHIP MISSIONS TO BE CARRIED OUT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven E Sokol President | OfficerTrustee | 40 | $355,474 |
Karen Furey Corp Sec/execvp | Officer | 40 | $149,178 |
Robert L Fenstermacher Chief Content Off. | 40 | $140,800 | |
Michele R Steinbuch Vice President | 40 | $118,299 | |
John B Emerson Chairman | OfficerTrustee | 1 | $0 |
William R Harman ESQ Vc/treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $163,797 |
Fundraising events | $834,328 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $917,745 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,915,870 |
Total Program Service Revenue | $56,158 |
Investment income | $53,054 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $86,873 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,111,955 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $5,000 |
Grants and other assistance to Foreign Orgs/Individuals | $30,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $557,294 |
Compensation of current officers, directors, key employees. | $75,474 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $389,350 |
Pension plan accruals and contributions | $15,140 |
Other employee benefits | $78,829 |
Payroll taxes | $57,122 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $59,678 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $33,166 |
Fees for services: Other | $36,205 |
Advertising and promotion | $0 |
Office expenses | $18,549 |
Information technology | $47,870 |
Royalties | $0 |
Occupancy | $182,436 |
Travel | $6,699 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,360 |
Insurance | $8,667 |
All other expenses | $0 |
Total functional expenses | $1,550,679 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $618,889 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $124,232 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,002 |
Net Land, buildings, and equipment | $5,956 |
Investments—publicly traded securities | $14,012,246 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $35,974 |
Total assets | $14,800,299 |
Accounts payable and accrued expenses | $151,123 |
Grants payable | $75,000 |
Deferred revenue | $24,500 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $250,623 |
Net assets without donor restrictions | $14,204,077 |
Net assets with donor restrictions | $345,599 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $14,800,299 |
Over the last fiscal year, we have identified 14 grants that American Council On Germany Inc has recieved totaling $294,127.
Awarding Organization | Amount |
---|---|
Pittsburgh Foundation Pittsburgh, PA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS, AND NATIONAL SECURITY | $128,500 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY PURPOSE: GENERAL TAX EXEMPT PURPOSES | $50,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $25,000 |
May And Samuel Rudin Family Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
German Marshall Fund Of The Us Washington, DC PURPOSE: TRANSATLANTIC DIALOGUE | $19,872 |
Margot And Thomas Pritzker Family Foundation Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Alliance For Open Society International Inc New York, NY | $43,304,993 | $33,954,105 |
Harvard-Yenching Institute Cambridge, MA | $357,386,063 | $5,038,189 |
Idealistorg Inc New York, NY | $8,884,686 | $10,106,263 |
Middle East Forum Philadelphia, PA | $5,601,334 | $8,052,985 |
Americas Society Inc New York, NY | $65,186,397 | $5,307,206 |
China Institute In America Incorporated New York, NY | $39,618,019 | $6,570,371 |
American-Scandinavian Foundation New York, NY | $56,118,805 | $3,574,288 |
Peaceworks Network Foundation New York, NY | $9,232,893 | $2,717,484 |
Auschwitz Instut For The Prevention Of Genocide And Mass Atrocities New York, NY | $427,684 | $2,862,009 |
Korea Society New York, NY | $30,574,587 | $3,688,770 |
Netherland-America Foundation Incorporated New York, NY | $8,725,622 | $2,894,571 |
Beyond Borders Inc Norristown, PA | $1,569,645 | $2,578,672 |