Vesterheim Norwegian American Museum

Organization Overview

Vesterheim Norwegian American Museum is located in Decorah, IA. The organization was established in 1965. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Vesterheim Norwegian American Museum employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vesterheim Norwegian American Museum 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 12/2021, Vesterheim Norwegian American Museum generated $7.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 2.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BUILDING COMMUNITY AND CREATING EXPERIENCES INSPIRED BY NORWEGIAN-AMERICAN STORIES AND FOLK ART. THE MUSEUM IS A NATIONAL TREASURE THAT EXPLORES THE DIVERSITY OF AMERICAN IMMIGRATION THROUGH THE LENS OF NORWEGIAN-AMERICAN EXPERIENCE, SHOWCASES THE BEST IN HISTORIC AND CONTEMPORARY NORWEGIAN FOLK AND FINE ARTS, AND PRESERVES LIVING TRADITIONS THROUGH CLASSES IN NORWEGIAN CULTURE AND FOLK ART, INCLUDING ROSEMALING (DECORATIVE PAINTING), WOODWORKING, KNIFEMAKING, TRADITIONAL FOOD WAYS, AND TEXTILE ARTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION - THE MUSEUM OFFERS EDUCATION CLASSES ON VARIOUS NORWEGIAN FOLK ART TRADITIONS AS WELL AS OFFER EDUCATIONAL GUIDED TOURS OF NORWAY TO THEIR MEMBERS AND THE GENERAL PUBLIC. ONLINE PROGRAMS, INCLUDING CLASSES AND COLLECTION TALKS, WERE BEGAN IN 2020 AS A RESULT OF THE PANDEMIC.


COLLECTIONS CARE- THE MUSEUM HOUSES A COLLECTION OF OVER 33,000 ARTIFACTS, A COMPLEX OF 16 BUILDINGS, AND A FARMSTEAD. MUSEUM STAFF PROVIDE CARE AND UPKEEP AS WELL AS THE AQUISITION OF NEW ARTIFACTS.


MUSEUM SHOP - THE MUSEUM HAS VARIOUS NORWEGIAN-RELATED BOOKS, CRAFTS, AND OTHER ITEMS FOR RESALE TO THEIR MEMBERS AND THE GENERAL PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Johnson
President/ceo
$119,070
Linda Gebel
Treasurer/cfo
$91,522
Ruth Schultz
Chair
$0
Lorie Reins Schweer
Vice Chair
$0
Liz Platou
Secretary
$0
Carol Birkland
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bnim
Architecture Firm
$1,254,298
American Cities Bureau
Campaign Consulting
$181,055
2nd Nature Inc
Park Construction And Landscaping
$163,980
Snohetta Architecture Design Planning
Consulting Masterplan
$133,622
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $357,657
All other contributions, gifts, grants, and similar amounts not included above$3,478,459
Noncash contributions included in lines 1a–1f $27,838
Total Revenue from Contributions, Gifts, Grants & Similar$3,836,116
Total Program Service Revenue$473,984
Investment income $261,087
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$3,077
Net Gain/Loss on Asset Sales $2,369,818
Net Income from Fundraising Events $5,793
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $205,599
Miscellaneous Revenue$0
Total Revenue $7,187,886

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Vesterheim Norwegian American Museum has recieved totaling $983,335.

Awarding OrganizationAmount
Margaret A Cargill Foundation

Eden Prairie, MN

PURPOSE: SUPPORT FOR CONNECTING CULTURES CAMPAIGN

$300,000
Margaret A Cargill Foundation

Eden Prairie, MN

PURPOSE: SUPPORT FOR INFUSING IMPACT-DRIVEN THINKING TO BEST SERVE AUDIENCES

$300,000
Margaret A Cargill Foundation

Eden Prairie, MN

PURPOSE: SUPPORT FOR PROVIDING ACCESS FOR THE FUTURE, BRINGING FOLK ART FORWARD

$260,000
Tomson Fam Foundation Tr

Mason City, IA

PURPOSE: VESTERHEIM COMMONS PROJECT MATCHING PLEDGE

$100,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$8,250
Thrivent Financial For Lutherans

Minneapolis, MN

PURPOSE: General Support

$5,983
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,394,070
Earnings$3,143,121
Net Contributions$330,883
Other Expense$1,742,064
Ending Balance$14,126,010

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