Grafenegg International Council Inc

Nonprofit profile at a glance

EIN
462158803
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
South River, NJ, USA
Phone
2124180539
Rating confidence
Limited
Sector
Performing Arts Organizations

Reported finances

Revenue
$0
Expenses
$1,525
Assets
$18,637
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • KATHLEEN ROBBINS (PRESIDENT)
  • TASSILO-METTERNICH-SANDOR (VICE PRESIDENT)

People named in this filing

  • KATHLEEN ROBBINS (PRESIDENT)
  • TASSILO-METTERNICH-SANDOR (VICE PRESIDENT)
  • RICHARD J MILLERJR (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is formed primarily for the purpose of: (i) cultivating, promoting, fostering, and sponsoring among its members the appreciation, understanding and love of the musical arts by organizing, sponsoring and presenting recitals for its members and the interested public; (ii) promoting the advancement of grafenegg music festival (a not-for-profit organization dedicated to organizing a major international festival for classical music on the grounds of grafenegg castle, austria)through the dissemination of brochures and programs, lectures and/or concerts promoting the grafenegg music festival; (iii) securing interest and support of the grafenegg music festival; and (iv) conducting any and all lawful activities which may be useful in accomplishing the foregoing purposes. The corporation lawful public or quasi-public objective is to make the musical arts available to people who otherwise have no access to them.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 79
  • Accountability: 18
  • Sustainability: 35
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 6th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • 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: Limited
  • Total-asset coverage ratio: 12.22; rating input score 68; 68th 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 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -20.3% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -35.3% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -12% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 0 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.