German American Klub Indianapolis Inc
- Assets
- $479.8k
- Revenue
- $888.3k
- Investments
- $0.0
- Employees
- 58
- Location
- Indianapolis, IN
- Founding
- Data as of
- 12/2023
- EIN
- 92-0778600
Organization Overview
German American Klub Indianapolis Inc is located in Indianapolis, IN. 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. As of 12/2023, German American Klub Indianapolis Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. German American Klub Indianapolis Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, German American Klub Indianapolis Inc generated $888.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $816.8k during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE GERMAN AND AMERICAN CULTURE, HERITAGE, AND TRADITION TO PROVIDE FUNCTIONS AND FESTIVALS FOR MEMBERS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDELWEISS - RESTAURANT SERVING GERMAN FOODS AND BEIR YEAR ROUND.
OKTOBERFEST - CELEBRATE GERMAN CULTURE, HERITAGE AND TRADITIONS
CHRISTKINDLEMARKT - FESTIVAL TO CELEBRATE GERMAN FOODS - GERMAN PRETZELS AND GERMAN POTATO PANDCAKES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Korpal Member At Large | Trustee | 1 | $0 |
Ryan Daming Member At Large | Trustee | 1 | $0 |
Carl W Hart President | Officer | 1 | $0 |
Travis Jerde VP Cultural Affairs | Officer | 4 | $0 |
Patty Johns Treasurer | Officer | 10 | $0 |
Ron Mccoy VP Bus Gov Affairs | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,666 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,666 |
| Total Program Service Revenue | $878,678 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $888,344 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,546 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,407 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,704 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $9,799 |
| All other expenses | $4,550 |
| Total functional expenses | $816,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,964 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $16,597 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $238,200 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $479,761 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $55,348 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $28,080 |
| Other liabilities | $0 |
| Total liabilities | $83,428 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $396,333 |
| 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 | $479,761 |