Scandia, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Gammelgarden Museum of Scandia, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $303K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 27% operating margin.
The mission of Gammelgarden Museum of Scandia is to preserve, present, and promote Swedish immigrant heritage and history. Through engaging exhibitions, educational programs, and community events, the museum aims to celebrate and share the rich history, arts, culture, traditions, and customs of the Scandinavian people as they relate to and impact contemporary American society. The museum's main programs include: - Major community events focused on Swedish music, dance, folk dress, and culture; and immigrant and early-settler experiences. - Art exhibits that feature the work of professional artists throughout the United States, and people of all ages and artistic abilities for community art shows. - Classes and workshops related to the arts, crafts, environment, heritage gardening, agriculture, and Swedish language and holidays. - Displays of historical cultural artifacts that are collected and preserved for current and future generations to learn about and see. - Informal gatherings fe
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $303,309 | $183,230 | +0.7% |
| Expenses | $221,411 | $196,435 | +0.1% |
| Net Income | $81,898 | $-13,205 | -7.2% |
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 |
|---|---|---|---|---|---|---|
| Ann Rinkenberger Associate | Director | 47.00 |
Director
|
$23,333 | $0 | $23,333 |
| Lynne D Moratzka | Director | 40.00 |
Director
|
$0 | $0 | $0 |
| David Elfstrand | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Janelle Lindberg-Kendrick | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Barb Sackmann | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Mary Sandgren | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Kristy Hainy | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Nancy Thorson | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Sandra Grunewald | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| James S Thorson | President | 20.00 |
Officer
|
$0 | $0 | $0 |
| James Norman | Vice President | 20.00 |
Officer
|
$0 | $0 | $0 |
| Dianne Johnson | Treasurer | 20.00 |
Officer
|
$0 | $0 | $0 |
| Bill Strusinski | Secretary | 20.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $303,309 | $221,411 | $417,753 | $81,898 |
| 2022 | $183,230 | $196,435 | $343,349 | $-13,205 |
Compare Gammelgarden Museum of Scandia with other nonprofits in Minnesota and across the country.