Gammelgarden Museum of Scandia

EIN: 873906763 501(c)(3) Arts, Culture & Humanities

Scandia, MN

Total Revenue
$303,309
Total Expenses
$221,411
Total Assets
$417,753
Net Assets
$388,029
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MN
Principal Officer
Colleen Nora
Phone
6514335053
Tax Period
2023-01-01 to 2023-12-31

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.

Mission

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

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $143,613
Program Service Revenue $120,820
Investment Income $8,939
Other Revenue $29,937
TOTAL REVENUE $303,309

Expense Breakdown

Grants Paid $0
Salaries & Benefits $61,414
Fundraising Expenses $21,320
Program Expenses $134,205
Other Expenses $159,997
TOTAL EXPENSES $221,411

Year-over-Year Comparison

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

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
N/A
Employees
6
Volunteers
81

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
4
$0
Total Directors
9
$23,333
Key Employees
0
$0
Highest Compensated
0
reported
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
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
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
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Gammelgarden Museum of Scandia with other nonprofits in Minnesota and across the country.