Scandinavian Seminar
- Assets
- $2.0m
- Revenue
- $134.6k
- Investments
- $1.9m
- Employees
- 0
- Location
- Amherst, MA
- Founding
- 04/1957
- Data as of
- 12/2023
- EIN
- 13-1692378
Organization Overview
Scandinavian Seminar is located in Amherst, MA. The organization was established in 1957. According to its NTEE Classification (Q23) the organization is classified as: International Exchange N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scandinavian Seminar is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Scandinavian Seminar generated $134.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $173.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Scandinavian Seminar has awarded 26 individual grants totaling $395,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INTERNATIONAL EDUCATIONAL EXPERIENCES AND CULTURAL IMMERSION FOR STUDENTS OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS IN SCANDINAVIA AND EUROPEAN COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce E Buxton Ceo/trustee | 8 | $0 | |
Dr Aili Flint Trustee | 1 | $0 | |
Dr Daphne L Davidson Chair | 3 | $0 | |
Dr David H Brown Trustee | 1 | $0 | |
Eugene V Kokot Trustee | 1 | $0 | |
Col John Norton Usa Ret Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,391 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,727 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $77,458 |
| Capital Gain Net Income | $77,458 |
| Net ST Capital Gain | $10,274 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $134,576 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $8,400 |
| Travel, conferences, and meetings | $854 |
| Printing and publications | $3,164 |
| Other expenses | $23,787 |
| Total operating and administrative expenses | $88,694 |
| Contributions, gifts, grants paid | $85,000 |
| Total expenses and disbursements | $173,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,160 |
| Savings and temporary cash investments | $70,528 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $141,718 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,990,270 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Scandinavian Seminar has awarded $85,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN -SCANDINAVIAN FOUNDATION PURPOSE: TO PROVIDE SCHOLARSHIP SUPPORT TO THE AMERICAN-SCANDINAVIAN FOUNDATION. | $55,000 |
SIMON ANDERS PRYOR PURPOSE: SCHOLARSHIP | $5,000 |
LEANA CHRISTOFFERSEN PURPOSE: SCHOLARSHIP | $5,000 |
SILKE BANGSGAARD PURPOSE: SCHOLARSHIP | $5,000 |
HENRY ALEXANDER PURPOSE: SCHOLARSHIP | $5,000 |
SARA SORIANO-MARTIN PURPOSE: SCHOLARSHIP | $5,000 |