Delaware Saengerbund and Library Association Inc

What it reported doing in 2025

The Delaware saengerbund & library association, inc. (dsb) was founded in march 1853 as a german singing society in wilmington, Delaware. It soon became an important social club for the members, their families and newly arrived german immigrants. From 1883 to 1965, the dsb was located at 205 east 6th street in wilmington; however, due to urban development, the facility in wilmington was closed in 1965, and in 1968, the dsb relocated to their current site at 49 salem church road in newark, Delaware.currently, the dsb has close to 1,000 members who meet regularly at their clubhouse in newark and volunteer their time to maintain the clubhouse facilities, grounds, and organize club events. In addition to an active chorus, the dsb hosts a bavarian folk dancing group - the enzian volkstanzgruppe, a ladies auxiliary the ladies of the Delaware saengerbund (who are in charge of food preparation), youth soccer the dsb kickers, a teenage group; and german language classes for members and non-members. The dsb also sponsors members children to attend a german immersion summer camp every year.the dsb shares its german heritage and traditions with the general public at two major annual events: the three-day oktoberfest, held on the third weekend in september, which draws in more than 20,000 visitors, and the christkindlmarkt which is a christmas festival and bazaar held on the second saturday in november.the dsb also reaches out to the local community each year by giving out awards and scholarships to local university of Delaware students who are studying german. The dsb also sponsors an annual german harvest thanksgiving service at a local church open to the general public and also sponsors the dancers, and the german teachers from the dsb, to participate in spreading the german heritage at local schools during the schools heritage or international days.the dsb continues to sponsor and promote the german heritage in various ways during the course of the year and continues to invite the general public to use their facilities for various events to once again, promote our german heritage.

Financial Efficiency

• Mission deployment rate: 61.8%; rating input score 62
• Program expense ratio: 69.4%; rating input score 69
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 2 of 7 controls in place; rating input score 29
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 15.4%; rating input score 66; 66th percentile among comparable filings
• Total-asset coverage ratio: 5.03; rating input score 84; 84th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

• Program expense growth: 18% per year; rating input score 100; 76th percentile among comparable filings
• Revenue growth: 18.6% per year; rating input score 100; 81st percentile among comparable filings
• Asset growth: -4.6% per year; rating input score 0; 6th percentile among comparable filings