THE GREAT NORTHERN WINTER FESTIVAL

EIN: 815138735 501(c)(3) Arts, Culture & Humanities

MINNEAPOLIS, MN

Total Revenue
$1,027,648
Total Expenses
$1,214,885
Total Assets
$230,207
Net Assets
$4
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MN
Principal Officer
JOVAN REBOLLAR
Phone
6122454729
Tax Period
2024-04-01 to 2025-03-31

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.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $763,389
Program Service Revenue $259,086
Investment Income $0
Other Revenue $5,173
TOTAL REVENUE $1,027,648

Expense Breakdown

Grants Paid $0
Salaries & Benefits $479,130
Fundraising Expenses $141,401
Program Expenses $909,112
Other Expenses $735,755
TOTAL EXPENSES $1,214,885

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
10
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$260,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

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
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