Swedish Heritage Society Foundation Inc
- Assets
- $483.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Swedesburg, IA
- Founding
- 11/1991
- Data as of
- 08/2022
- EIN
- 42-1281195
Organization Overview
Swedish Heritage Society Foundation Inc is located in Swedesburg, IA. The organization was established in 1991. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Swedish Heritage Society Foundation Inc 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 08/2022, Swedish Heritage Society Foundation Inc generated $119.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $68.1k during the year ending 08/2022. While expenses have increased by 17.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MAINTAIN MUSUEM OF SWEDISH AMERICAN CULTURE, LIBRARY OF RELATED DOCUMENTS, GENEALOGICAL RESEARCH SOURCES, AND PROVIDE EDUCATIONAL SERVICES TO SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Granback Director | 1 | $0 | |
Ralph Sandeen Director | 1 | $0 | |
Jeff Olson Director | 1 | $0 | |
Louise Unkrich Director | 1 | $0 | |
Norma Lindeen Director | 1 | $0 | |
Trish Woepking Vice President | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,109 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,352 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,326 |
| Other Revenue | $1,007 |
| Total Revenue | $119,513 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,701 |
| Professional fees and other payments to independent contractors | $11,425 |
| Occupancy, rent, utilities, and maintenance | $12,130 |
| Printing, publications, postage, and shipping | $3,327 |
| Other expenses | $20,512 |
| Total expenses | $68,095 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $226,941 |
| Other assets | $0 |
| Total assets | $483,394 |
| Total liabilities | $461 |
| Net assets or fund balances | $482,933 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Swedish Heritage Society Foundation Inc has recieved totaling $10,700.
| Awarding Organization | Amount |
|---|---|
American-Scandinavian Foundation New York, NY PURPOSE: FOLK ARTS | $10,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Unlimited Opportunities Inc Boonville, MO | $6,714,259 | $4,941,880 |
Dusable Museum Of African American History Inc Chicago, IL | $17,602,670 | $3,496,098 |
The Richard H Driehaus Museum Chicago, IL | $116,468,245 | $74,810,944 |
National Czech & Slovak Museum & Library Cedar Rapids, IA | $33,480,949 | $3,909,322 |
Vesterheim Norwegian American Museum Decorah, IA | $24,953,272 | $7,187,886 |
Leigh Yawkey Woodson Art Museum Inc Wausau, WI | $54,767,608 | $3,707,378 |
Illinois Railway Museum Union, IL | $16,575,964 | $2,964,518 |
American Jazz Museum Kansas City, MO | $1,292,332 | $1,809,014 |
National Museum Of Transportation St Louis, MO | $8,486,487 | $2,217,382 |