Midwest Institute Of Scandinavian Culture Inc
- Assets
- $452.7k
- Revenue
- $124.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Eau Claire, WI
- Founding
- 08/1964
- Data as of
- 12/2022
- EIN
- 39-1018191
Organization Overview
Midwest Institute Of Scandinavian Culture Inc is located in Eau Claire, WI. The organization was established in 1964. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Institute Of Scandinavian Culture Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION, PRESERVATION AND PROMOTION OF SCANDINAVIAN CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED THE BEAVER CREEK/WAHLSTROM NORDIC WORKSHOP THAT LOCAL COLLEGES COLLABORATE TOGETHER ON TO PROMOTE SCANDINAVIAN CULTURE AND ARTS.
EDUCATION, PRESERVATION AND PROMOTION OF SCANDINAVIAN CULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Sivertson President | OfficerTrustee | 1 | $0 |
Linda Curtis Secretary | OfficerTrustee | 1 | $0 |
Diane Lund Treasurer | OfficerTrustee | 1 | $0 |
Janice Wnukowski Vice Presdie | OfficerTrustee | 1 | $0 |
Marv Anderson Board | Trustee | 1 | $0 |
Garry Running Board | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,420 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,690 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,110 |
| Total Program Service Revenue | $4,700 |
| Investment income | $121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $106,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $124,431 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,372 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $432 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $81 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,008 |
| All other expenses | $0 |
| Total functional expenses | $25,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,710 |
| Savings and temporary cash investments | $446,900 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100 |
| Total assets | $452,710 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $452,710 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $452,710 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Midwest Institute Of Scandinavian Culture Inc has recieved totaling $11,690.
| Awarding Organization | Amount |
|---|---|
American-Scandinavian Foundation New York, NY PURPOSE: FOLK ARTS | $11,690 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Swedish Institute Minneapolis, MN | $53,674,080 | $22,744,075 |
National Museum Of Mexican Art Chicago, IL | $19,674,194 | $15,502,542 |
Telugu Association Of North America Incorporated Novi, MI | $0 | $4,245,639 |
Detroit Jewish News Foundation Inc Farmington Hills, MI | $926,264 | $1,523,999 |
Instituto Cervantes Of Chicago Inc Chicago, IL | $741,739 | $2,489,461 |
Coalition Of Asian American Leaders St Paul, MN | $4,205,998 | $3,284,074 |
National Native American Boarding School Healing Coalition Minneapolis, MN | $8,382,833 | $1,366,565 |
Holland Tulip Time Festival Inc Holland, MI | $1,138,959 | $1,752,331 |
The Alliance Francaise French House Of Chicago Chicago, IL | $5,091,056 | $2,088,000 |
Lahc Leaders Advancing And Helping Communities Dearborn, MI | $3,675,898 | $2,177,958 |
The Germanic-American Institute St Paul, MN | $1,003,743 | $1,467,088 |
Blackhawks Of St Paul St Paul, MN | $194,784 | $1,434,871 |