Society For The Advancement Of Scandinavian Study is located in Des Moines, IA. The organization was established in 1977. According to its NTEE Classification (A70) the organization is classified as: Humanities, 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. Society For The Advancement Of Scandinavian Study 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, Society For The Advancement Of Scandinavian Study generated $92.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $162.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE RESEARCH AND PUBLICATION IN SCANDINAVIAN LANGUAGES, LITERATURES, HISTORY, CULTURE, AND SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTER FELLOWSHIP FOR DOCTORAL DISSERTATION RESEARCH
PUBLICATION OF SCANDINAVIAN JOURNAL
HOST ANNUAL SCANDINAVIAN CONFERENCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kimberly J La Palm Executive Dir. | OfficerTrustee | 10 | $30,289 |
Julie Allen Financial Off | OfficerTrustee | 10 | $0 |
Andrew Nestingen President | OfficerTrustee | 10 | $0 |
Scott Mellor Vice President | OfficerTrustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $4,455 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,455 |
Total Program Service Revenue | $50,688 |
Investment income | $16,914 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $20,564 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $38 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $92,659 |
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. | $30,289 |
Compensation of current officers, directors, key employees. | $30,289 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,280 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $16,156 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $733 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $646 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $17,701 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $500 |
All other expenses | $281 |
Total functional expenses | $162,856 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $54,424 |
Savings and temporary cash investments | $0 |
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 | $1,942,938 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,997,362 |
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 | $0 |
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 | $1,997,362 |
Total liabilities and net assets/fund balances | $1,997,362 |
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