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, founded in 1988, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2022. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $757K, a strong 41% operating margin.
THE NORTH DAKOTA MUSEUM OF ART, BY LEGISLATIVE ACT, SERVES AS THE OFFICIAL ART MUSEUM OF THE STATE OF NORTH DAKOTA. THE MUSEUM'S PURPOSE IS TO FOSTER AND NURTURE THE AESTHETIC LIFE AND ARTISTIC EXPRESSION OF THE PEOPLE LIVING ON THE NORTHERN PLAINS. THE MUSEUM WILL PROVIDE EXPERIENCES THAT PLEASE, ENLIGHTEN AND EDUCATE THE CHILD, THE STUDENT AND THE BROAD GENERAL PUBLIC. SPECIFICALLY, THE MUSEUM WILL RESEARCH, COLLECT, CONSERVE AND EXHIBIT WORKS OF ART. IT WILL ALSO DEVELOP PROGRAMS IN SUCH RELATED ARTS AS PERFORMANCE, MEDIA ARTS AND MUSIC.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $1,865,476 | $2,052,250 | -0.1% |
| Expenses | $1,108,916 | $2,552,127 | -0.6% |
| Net Income | $756,560 | $-499,877 | -2.5% |
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 |
|---|---|---|---|---|---|---|
| NATALIE MUTH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHLEY DIPUMA SHEA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTIN EGGERLING | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVE MOLMEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CARSON MUTH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KYLE BLACK | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SADIE GILBRAITH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN LARSON | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAREN MOLMEN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRITA ENDRUD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY ROHLK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW WALLACE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$77,293 | $16,682 | $93,975 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $1,865,476 | $1,108,916 | $8,176,444 | $756,560 |
| 2022 | $2,052,250 | $958,069 | $7,446,530 | $1,094,181 |
| 2021 | $1,583,847 | $806,243 | $6,286,467 | $777,604 |
| 2020 | $1,319,104 | $990,475 | $5,663,901 | $328,629 |
| 2019 | $1,611,377 | $1,174,020 | $5,228,484 | $437,357 |
Compare NORTH DAKOTA MUSEUM OF ART with other nonprofits in North Dakota and across the country.