MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE GREAT NORTHERN WINTER FESTIVAL, founded in 2017, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 18% operating deficit.
THE GREAT NORTHERN CELEBRATES OUR COLD, CREATIVE WINTERS THROUGH TEN DAYS OF DIVERSE PROGRAMMING THAT INVIGORATE MIND AND BODY. IN AN ERA OF CHANGING CLIMATE THAT THREATENS OUR SIGNATURE SEASON, WE SEEK TO CREATE COMMUNITY, INSPIRE ACTION, AND SHARE THE RESILIENT SPIRIT OF THE NORTH WITH THE WORLD.
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 | $1,027,648 | $1,255,952 | -0.2% |
| Expenses | $1,214,885 | $1,191,871 | +0.0% |
| Net Income | $-187,237 | $64,081 | -3.9% |
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 |
|---|---|---|---|---|---|---|
| KATE NORDSTRUM | CHIEF PROG. | 40.00 |
Officer
|
$125,000 | $0 | $125,000 |
| JOVAN REBOLLAR | EXECUTIVE DI | 40.00 |
Officer
|
$135,000 | $0 | $135,000 |
| ERIC DAYTON | PRESIDENT/TR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAXINE BEDAT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CARSON KIPFER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOTHSNA HARRIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER NEWSOM JOINED 1124 | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW ZIMMERN JOINED 1124 | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,027,648 | $1,214,885 | $230,207 | $-187,237 |
| 2024 | $1,255,952 | $1,191,871 | $248,202 | $64,081 |
| 2023 | $804,005 | $982,801 | $145,399 | $-178,796 |
| 2022 | $612,967 | $763,376 | $320,150 | $-150,409 |
| 2021 | $590,487 | $355,770 | $478,446 | $234,717 |
| 2020 | $336,070 | $146,601 | $237,964 | $189,469 |
| 2019 | $266,549 | $346,881 | $23,921 | $-80,332 |
| 2018 | $266,414 | $326,553 | $106,623 | $-60,139 |
Compare THE GREAT NORTHERN WINTER FESTIVAL with other nonprofits in Minnesota and across the country.