ELK HORN, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE DANISH IMMIGRANT MUSEUM, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $391K, a strong 17% operating margin.
THE MUSEUM OF DANISH AMERICA EXPLORES THE DANISH-AMERICAN EXPERIENCE, THE HISTORIC AND MODERN INFLUENCES OF DENMARK ON THE UNITED STATES, AND THE CONTINUING STORY OF HOW A NATION OF IMMIGRANTS SHAPE AMERICAN IDENTITY.
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 | $2,330,795 | $1,515,730 | +0.5% |
| Expenses | $1,940,130 | $1,765,559 | +0.1% |
| Net Income | $390,665 | $-249,829 | -2.6% |
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 |
|---|---|---|---|---|---|---|
| TOVA BRANDT | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$106,706 | $3,600 | $110,306 |
| ERIK ANDERSEN | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| PHILIP LUND | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS KOFOED | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DENNIS GRAY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARGIE BORNHOFT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOY CLEMSEN GAJDA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARCIA JANTE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIDGET LOIS JENSEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CRAIG JENSEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENS H JENSEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY ELLYN JOHNSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL KOEHLER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA KRAMME | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIK LILLEHOJ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDERS MELBERG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIK NORKJAER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN RASMUSSEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNETTE RASMUSSEN | DANISH CONSULT | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG RIERSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TONYA ROBSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY SAND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH STEFFENSEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,330,795 | $1,940,130 | $11,824,606 | $390,665 |
| 2024 | $1,515,730 | $1,765,559 | $11,526,738 | $-249,829 |
| 2023 | $1,617,557 | $1,815,441 | $10,852,648 | $-197,884 |
| 2022 | $1,977,649 | $1,649,940 | $10,787,918 | $327,709 |
| 2021 | $1,668,565 | $1,524,763 | $11,691,535 | $143,802 |
| 2020 | $1,131,333 | $1,462,702 | $10,762,497 | $-331,369 |
| 2019 | $2,095,776 | $1,418,569 | $10,563,210 | $677,207 |
Compare THE DANISH IMMIGRANT MUSEUM with other nonprofits in Iowa and across the country.