GRAND FORKS, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTH DAKOTA MUSEUM OF ART FOUNDATION, founded in 1998, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $67K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $47K, a strong 70% operating margin.
PROMOTION & EDUCATION OF THE ARTS THROUGH SUPPORT OF THE NORTH DAKOTA MUSEUM OF ART
THE FOUNDATION HOLDS INVESTMENTS AS BOTH ENDOWMENTS AND RESTRICTED FUNDS TO BENEFIT THE NORTH DAKOTA MUSEUM OF ART WHICH PROMOTES APPRECIATION OF THE ARTS FOR THE REGION. DISTRIBUTIONS WERE MADE TO...
THE FOUNDATION HOLDS INVESTMENTS AS BOTH ENDOWMENTS AND RESTRICTED FUNDS TO BENEFIT THE NORTH DAKOTA MUSEUM OF ART WHICH PROMOTES APPRECIATION OF THE ARTS FOR THE REGION. DISTRIBUTIONS WERE MADE TO THE MUSEUM IN SUPPORT OF ITS MISSION IN FISCAL YEAR ENDED JUNE 30, 2025 TOTALING $6,558
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $66,651 | $93,541 | -0.3% |
| Expenses | $19,980 | $23,914 | -0.2% |
| Net Income | $46,671 | $69,627 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRIAN LARSON | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIE BLEHM | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LOWELL NELSON | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLIFFORD HAUGAN | VICE CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ASHLEY SHEA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB SORLIEN | ND MOA CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY ROHIK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $66,651 | $19,980 | $2,711,447 | $46,671 |
| 2024 | $93,541 | $23,914 | $2,407,916 | $69,627 |
| 2023 | $102,894 | $372,501 | $2,105,713 | $-269,607 |
| 2022 | $580,509 | $11,206 | $2,302,679 | $569,303 |
| 2021 | $419,795 | $10,670 | $2,036,150 | $409,125 |
| 2020 | $40,643 | $96,460 | $1,422,294 | $-55,817 |
| 2019 | $109,703 | $333,342 | $1,436,326 | $-223,639 |
| 2018 | $117,083 | $82,121 | $1,654,195 | $34,962 |
Compare NORTH DAKOTA MUSEUM OF ART FOUNDATION with other nonprofits in North Dakota and across the country.