MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE AMERICAN SWEDISH INSTITUTE, founded in 1929, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.7M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Net assets of $56.9M represent 89 months of operating reserves.
THE AMERICAN SWEDISH INSTITUTE IS A GATHERING PLACE FOR ALL PEOPLE TO EXPLORE DIVERSE EXPERIENCES OF MIGRATION, IDENTITY, BELONGING AND THE ENVIRONMENT THROUGH ARTS AND CULTURE, INFORMED BY ENDURING LINKS TO SWEDEN.
EXHIBITIONS: ASI DEVELOPED FIVE EXHIBITIONS IN FY2025 WITH ACCOMPANYING SECONDARY EXHIBITS: TOMTE PARADE HOLIDAY EXPERIENCE, LARS TUNBJORK: A VIEW FROM THE SIDE, ANN WOLFF: THE ART OF LIVING, AND...
EXHIBITIONS: ASI DEVELOPED FIVE EXHIBITIONS IN FY2025 WITH ACCOMPANYING SECONDARY EXHIBITS: TOMTE PARADE HOLIDAY EXPERIENCE, LARS TUNBJORK: A VIEW FROM THE SIDE, ANN WOLFF: THE ART OF LIVING, AND SALAD HILOWLE: INSCRIPTIONS. ASI'S EXHIBITS RANGE IN THEMES FROM SWEDISH AND NORDIC ARTS, CRAFT HISTORY, AND CONTEMPORARY LIFE, OFTEN DEVELOPED IN CONJUNCTION WITH LOCAL PARTNERING ORGANIZATIONS AND ARTISTS AS WELL AS THE SWEDISH EMBASSY. A MAJOR YEAR-ROUND EXHIBITION EXPERIENCE IS THE 33-ROOM TURNBLAD MANSION AND "MEET THE TURNBLADS" WHICH SHARES THE STORY OF THE HISTORIC PROPERTY AND THE FAMILY THAT BUILT IT.VISITOR AND VOLUNTEER SERVICES: THIS UNIT OVERSEES MUSEUM ADMISSION FUNCTIONS, CUSTOMER SERVICE, PROGRAM REGISTRATION AND GROUP TOURS. ADDITIONALLY, THIS UNIT RECRUITS, TRAINS AND MANAGES A LARGE COHORT OF VOLUNTEERS. IN FY 2025, APPROXIMATELY 150 INDIVIDUALS VOLUNTEERED THROUGHOUT THE ORGANIZATION. COLLECTIONS: ASI MAINTAINS MATERIAL COLLECTIONS, LIBRARY, AND ARCHIVES COLLECTIONS. THE GOAL OF ASI'S COLLECTIONS IS TO REFLECT THE CULTURES OF SWEDEN AND SWEDISH AMERICA AND TO PROVIDE RESOURCES FOR RESEARCH FOR ASI STAFF, SCHOLARS, AND THE PUBLIC.
THE AMERICAN SWEDISH INSTITUTE CREATES AND PRESENTS EDUCATIONAL ACTIVITIES FOR LIFE-LONG LEARNING. PROGRAMS AND EXHIBITS ARE DEVELOPED USING AN AUDIENCE DRIVEN PROCESS; MATCHING MISSION AND STRATEGIC...
THE AMERICAN SWEDISH INSTITUTE CREATES AND PRESENTS EDUCATIONAL ACTIVITIES FOR LIFE-LONG LEARNING. PROGRAMS AND EXHIBITS ARE DEVELOPED USING AN AUDIENCE DRIVEN PROCESS; MATCHING MISSION AND STRATEGIC GOALS TO INTERESTS AND BEHAVIORS OF OUR AUDIENCES. ASI IS ONE OF FIVE HUB ORGANIZATIONS IDENTIFIED BY THE SWEDISH EMBASSY TO PARTNER ON CULTURAL AND BUSINESS PROGRAMS AND EVENTS. PROGRAMS: ASI PROGRAMS INCLUDE SWEDISH AND FINNISH LANGUAGE CLASSES; HANDCRAFT, FOODWAYS, FOLK ART, AND CULTURE WORKSHOPS; AS WELL AS LECTURES, TOURS, EXHIBITION OPENINGS, CONCERTS, AND SPECIAL EVENTS. YOUTH AND FAMILY PROGRAMS OFFER ACTIVITIES FOR PRESCHOOLERS THROUGH COLLEGE STUDENTS. PROGRAMS INCLUDE SVENSKA SKOLAN SWEDISH LANGUAGE CLASSES FOR CHILDREN AND YOUTH, HANDCRAFT WORKSHOPS, SEASONAL YOUTH AND FAMILY ACTIVITIES, COMMUNITY PROGRAMS (AT ASI AND IN THE COMMUNITY), AFTER-SCHOOL PROGRAMS AND CAMPS. ASI INCORPORATES CHILDREN/FAMILY ACTIVITIES FOR ALL MAJOR EXHIBITIONS. PROGRAMS ARE OFFERED ON-SITE AND IN-PERSON AS WELL AS THROUGH VIRTUAL MEDIA.
CULTURAL ENTERPRISES INCLUDES THREE UNITS: RETAIL THROUGH THE ON-SITE MUSEUM STORE AND ITS E-COMMERCE SITE; FOOD SERVICE AT FIKA CAFE AND SLATE&STONE CATERING; AND FACILITY RENTALS FOR PRIVATE...
CULTURAL ENTERPRISES INCLUDES THREE UNITS: RETAIL THROUGH THE ON-SITE MUSEUM STORE AND ITS E-COMMERCE SITE; FOOD SERVICE AT FIKA CAFE AND SLATE&STONE CATERING; AND FACILITY RENTALS FOR PRIVATE EVENTS. THE MUSEUM STORE AND FIKA CAFE ARE LOCATED IN THE NELSON CULTURAL CENTER AND ARE MUSEUM-ENHANCING VISITOR AMENITIES. RETAIL SELLS TRADITIONAL AND MODERN NORDIC ITEMS RELATING TO THE MISSION OF ASI'S MUSEUM, PROGRAMS, AND EXHIBITIONS. FIKA CAFE FEATURES NEW NORDIC CUISINE AS WELL AS TRADITIONAL SWEDISH MENU ITEMS. THE FACILITIES RENTAL UNIT COORDINATES SPACE RENTALS IN THE NELSON CULTURAL CENTER AND THE TURNBLAD MANSION, AS WELL AS OUTDOOR SPACES FOR THOSE DESIRING A PRIVATE GROUP EXPERIENCE AT ASI.
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 | $7,711,753 | $9,422,312 | -0.2% |
| Expenses | $7,562,634 | $6,955,581 | +0.1% |
| Net Income | $149,119 | $2,466,731 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| DR MARGARET ADAMEK | CHAIR TO JUNE 2025 | 1.80 |
Officer
Director
|
$0 | $0 | $0 |
| SARA STENBERG | BOARD MEMBER, CHAIR FROM JUNE 2025 | 1.80 |
Officer
Director
|
$0 | $0 | $0 |
| TIKKI BROWN | VICE CHAIR | 1.80 |
Officer
Director
|
$0 | $0 | $0 |
| LISA KALLEBO | TREASURER | 1.80 |
Officer
Director
|
$0 | $0 | $0 |
| BRENDA BUTLER | SECRETARY | 1.80 |
Officer
Director
|
$0 | $0 | $0 |
| ALYSSA MALINSKI ERICKSON | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| ANDREA OSELAND | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| ANDREAS ORNBERG | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| AXEL PETER HILGER | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| BARBARA GLASER | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| BARBARA SWADBURG | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| CARLINE BENGTSSON | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| DAVID SORENSEN | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| DEBRA BARNES | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| ELODIE LEE | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| HANS BURBIDGE | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| KATIE JACOBSON | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| LARS ERIK LEAFBLAD | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| LENOR SCHEFFLER | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| LESLIE GOEDKEN | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| MARCIA ANDERSON | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| MARCO MOLINARI | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| TAMIR ELNABARAWY | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| WILLIAM WEILER | BOARD MEMBER | 1.80 |
Director
|
$0 | $0 | $0 |
| MOLLY STEENSON | PRESIDENT/CEO | 45.00 |
Officer
|
$201,517 | $9,445 | $210,962 |
| INGRID NYHOLM LANGE | COO | 45.00 |
Officer
|
$134,178 | $15,076 | $149,254 |
| STEVEN ENGELKES | DIRECTOR OF FINANCE | 45.00 |
Officer
|
$79,691 | $666 | $80,357 |
| CHRISTIANA STOLPESTAD | DIRECTOR OF DEVELOPMENT | 45.00 |
Highest
|
$120,359 | $18,871 | $139,230 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,711,753 | $7,562,634 | $61,005,890 | $149,119 |
| 2024 | No data | No data | No data | No data |
| 2023 | $6,637,892 | $6,349,348 | $60,326,225 | $288,544 |
| 2022 | $22,744,075 | $5,718,197 | $53,674,080 | $17,025,878 |
| 2021 | $4,546,690 | $4,756,108 | $34,782,368 | $-209,418 |
| 2020 | $8,024,272 | $4,863,479 | $34,796,375 | $3,160,793 |
| 2019 | $4,692,641 | $5,431,046 | $31,303,709 | $-738,405 |
| 2018 | $5,646,872 | $4,866,041 | $31,678,486 | $780,831 |
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