Luxembourg American Cultural Society Inc

Nonprofit profile at a glance

EIN
050622320
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Belgium, WI, USA
Phone
2624765086
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
History Museums

Reported finances

Revenue
$717,909
Expenses
$692,230
Assets
$2,512,943
Liabilities
$64,509

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

Leadership & pay

21 people listed

Executive titles in this filing

  • PATRICIA LUTZ (EXECUTIVE DIRECTOR)

Highest reported compensation

  • PATRICIA LUTZ (EXECUTIVE DIRECTOR): $89,382 total reported compensation

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

Overview

Mission

To interpret and portray both past and present luxembourg heritage and culture and to serve as an ongoing link between the people of america and the grand duchy of luxembourg.

What it reported doing in 2024

In 2008, the luxembourg government enacted law which allowed for dual nationality. This law further allowed that from 2008 - 2020, qualifying individuals of direct-line luxembourg ancestry, who were not luxembourg citizens, could reclaim their luxembourg nationality and acquire a luxembourg/eu passport. Because of the challenges and complexities of this process, the lacs offers a fee-based consultation process to assist individuals in determining if they qualify for reclamation of luxembourg nationality and to assist them through the reclamation process from start to finish. The lacs has successfully assisted dozens of americans of direct-line luxembourg ancestry in reclaiming their luxembourg nationality and in acquiring a luxembourg/eu passport. The completion deadline for those with ancestry on the maternal side was extended to december 31, 2025, by the luxembourg parliament.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.7%; rating input score 69
  • Program expense ratio: 68.9%; rating input score 69
  • Fundraising efficiency: $4.35 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings

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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.6%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 3.63; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 60; 60th percentile among comparable filings
  • Officer compensation ratio: 12.9%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 5.8% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: 68.7% of revenue deployed · 68.9% of spending went to programs
  • Governance: 20 of 20 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $477K in reported program spending
  • Leadership: top reported pay $89K · 21 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Fundraising efficiency scored 14/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.