GERMAN VILLAGE SOCIETY

EIN: 310969645 501(c)(3) Arts, Culture & Humanities

COLUMBUS, OH

Total Revenue
$410,500
Total Expenses
$419,872
Total Assets
$1,541,351
Net Assets
$1,525,355
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
OH
Principal Officer
SEAN KESSLER
Phone
6142218888
Tax Period
2023-01-01 to 2023-12-31

GERMAN VILLAGE SOCIETY, founded in 1960, is a small nonprofit in the Arts, Culture & Humanities sector that reported $410K in total revenue in fiscal year 2023. Net assets of $1.5M represent 45 months of operating reserves.

Mission

THE GERMAN VILLAGE SOCIETY ADVOCATES FOR THE PRESERVATION OF OUR BUILDINGS AND ENVIRONMENT AND LEAD EDUCATION FOR OUR PROPERTY OWNERS TO PLAY A KEY ROLE IN PRESERVING AND IMPROVING OUR NEIGHBORHOOD, AND ADVOCATES FOR SUPPORT TO UNDERSCORE OUR EFFORTS. WE BUILD COMMUNITY AND EMPOWER OUR MEMBERS TO ENHANCE THE QUALITY OF LIFE IN GERMAN VILLAGE. WE ATTRACT AND DEPLOY THE RESOURCES NECESSARY TO ENHANCE AND INSPIRE ECONOMIC HEALTH AND VITALITY TO EXERT INFLUENCE IN THE CENTRAL OHIO COMMUNITY. SINCE 1960, GERMAN VILLAGE SOCIETY HAS THRIVED ON THE CONTRIBUTIONS OF ITS MEMBERS AND VOLUNTEERS. WE CONTINUE TO BUILD ON THESE STRENGTHS TO ENHANCE ITS GOVERNANCE, ITS MANAGEMENT, AND ITS TALENT DEVELOPMENT TO SET AND ACHIEVE REALISTIC PRIORITIES AND ACCOMPLISHMENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $245,254
Program Service Revenue $393
Investment Income $33,089
Other Revenue $131,764
TOTAL REVENUE $410,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $152,863
Fundraising Expenses $0
Program Expenses $211,602
Other Expenses $267,009
TOTAL EXPENSES $419,872

Year-over-Year Comparison

2023 2022 Change
Revenue $410,500 $403,760 +0.0%
Expenses $419,872 $304,325 +0.4%
Net Income $-9,372 $99,435 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
5
Volunteers
355

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$83,333
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEAN KESSLER EXECUTIVE DI 40.00
Officer
$83,333 $0 $83,333
MICHAEL CORNELIS BOARD PRESID 4.00
Officer Director
$0 $0 $0
ELIZABETH NEWTON BOARD VP 2.00
Officer Director
$0 $0 $0
ANNE MCGEE SECRETARY 8.00
Officer Director
$0 $0 $0
ANTHONY MEYER TREASURER 4.00
Officer Director
$0 $0 $0
JIM NICHOLS TRUSTEE 2.00
Director
$0 $0 $0
WILLIAM CURLIS TRUSTEE 2.00
Director
$0 $0 $0
HELEN SPEISER TRUSTEE 2.00
Director
$0 $0 $0
JIM PENIKAS TRUSTEE 2.00
Director
$0 $0 $0
NELSON GENSHAFT TRUSTEE 2.00
Director
$0 $0 $0
TIM BIBLER TRUSTEE 2.00
Director
$0 $0 $0
LINDSAY TURNER TRUSTEE 2.00
Director
$0 $0 $0
ANDREA FORD TRUSTEE 2.00
Director
$0 $0 $0
CYNTHIA WATSON TRUSTEE 2.00
Director
$0 $0 $0
JONATHON HOAG TRUSTEE 2.00
Director
$0 $0 $0
JEFFREY STAVROFF TRUSTEE 2.00
Director
$0 $0 $0
KATHALEEN KAUFMAN BOARD MEMBER 4.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $410,500 $419,872 $1,541,351 $-9,372
2022 $403,760 $304,325 $1,487,340 $99,435
2021 $270,343 $335,571 $1,565,662 $-65,228
2020 $348,231 $396,294 $1,583,836 $-48,063
2019 $475,787 $487,249 $1,594,230 $-11,462
2018 $744,567 $647,450 $1,604,040 $97,117
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