Norway House
- Assets
- $24.0m
- Revenue
- $6.8m
- Investments
- $0.0
- Employees
- 12
- Location
- Minneapolis, MN
- Founding
- 12/2004
- Data as of
- 12/2022
- EIN
- 20-1129254
Organization Overview
Norway House is located in Minneapolis, MN. The organization was established in 2004. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Norway House employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norway House is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Norway House generated $6.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 32.4% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 7.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NORWAY HOUSE CONNECTS THE UNITED STATES WITH CONTEMPORARY NORWAY THROUGH ART, CULTURE AND BUSINESS.
Describe the Organization's Program Activity:
THE NORWAY HOUSE MIDTSOMMER CELEBRATION IS AN ANNUAL TRADITION CELEBRATING THE "GOING VIKING" SPIRIT BY IDENTIFYING AND HONORING INDIVIDUALS OF NORWEGIAN HERITAGE THAT HAVE, THROUGH THEIR EXTRAORDINARY ACCOMPLISHMENTS AND ADVENTURESOME SPIRIT, SIGNIFICANTLY ADVANCED THE QUALITY OF LIFE FOR OTHERS.
NORWAY HOUSE HAS A NUMBER OF OTHER PROGRAMS THROUGHOUT THE YEAR AND THAT SUPPORT THEIR MISSION OF PRESERVING AND PROMOTING AN APPRECIATION AND UNDERSTANDING OF THE AMERICAN-NORWEGIAN EXPERIENCE.
THE EDVARD GRIEG SOCIETY PROMOTES THE MUSIC OF EDVARD GRIEG AS WELL AS OTHER NORDIC COMPOSERS. EACH YEAR A CONCERT SERIES OF UNIQUE, VARIED AND DELIGHTFUL PERFORMANCES BY LOCAL AND INTERNATIONAL PERFORMERS OFFERS EVENTS IN THE FALL, WINTER AND SPRING. CONCERTS INCLUDE ALL TYPES OF MUSIC FROM VOCAL SOLOISTS, CHAMBER, PIANO, STRING QUARTET, CHORAL AND TRADITIONAL NORWEGIAN INSTRUMENTS.
THE MINNESOTA PEACE INITIATIVE SERVES TO RAISE AWARENESS, EDUCATE AUDIENCES AND FOSTER ENGAGEMENT ABOUT THE PEACE PROCESS THROUGHOUT THE WORLD.THE PEACE INITIATIVE WAS CREATED BY 2008 GOING VIKING AWARD WINNER JANET DOLAN AND HER HUSBAND WILLIAM MOORE WHO SHARE THE VISION OF CREATING MEANINGFUL PROGRAMS BUILDING ON THE LONGSTANDING NORWEIGANTRADITION OF SERVING AS PEACEMAKER AND FACILITATOR FOR DIALOGUE ABOUT A VARIETY OF DIFFICULT ISSUES REGARDING WORLD PEACE.PEACE INITIATIVE EVENTS HAVE FEATURED SPEAKERS SUCH AS FORMER PRIME MINISTER KJELL MAGNE BONDEVIK, PRESIDENT OF THE OSLO CENTER FOR PEACE AND HUMAN RIGHTS, IN 2007, 2008, AND 2011. IN ADDITION TO COLLABORATING WITH THE OSLO CENTER FOR PEACE AND HUMAN RIGHTS - U.S. FOUNDATION, THE PEACE INITIATIVE WORKS WITH MINNESOTA INTERNATIONAL NGO NETWORK, HUMPHREY SCHOOL FOR PUBLIC AFFAIRS, SONS OF NORWAY AND GLOBAL MINNESOTA.THE NORWAY HOUSE PEACE INITIATIVE IS AN ONGOING PROGRAM, WHICH FEATURES PROMINENT SPEAKERS WHO SHARE THEIR INSIGHTS ON THE MANY FACETS OF PEACEMAKING. THE PEACE INITIATIVE SEEKS TO CREATE AN OPEN COMMUNITYDIALOGUE ABOUT PEACEMAKING AND ENHANCE THE ATMOSPHERE FOR PEACEMAKING THROUGH EDUCATION AND INFORMATION EXCHANGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Tunheim Chair | OfficerTrustee | 5 | $0 |
Brad Bakken Vice Chair | OfficerTrustee | 3 | $0 |
Andrew Sybilrud Treasurer | OfficerTrustee | 3 | $0 |
Linda Holmen Board Secretary | OfficerTrustee | 3 | $0 |
Ellen Schmitt Board Member | Trustee | 1 | $0 |
Loren Anderson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $58,499 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,096,057 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,154,556 |
| Total Program Service Revenue | $568,050 |
| Investment income | $10,359 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $68,523 |
| Net Gain/Loss on Asset Sales | -$6,693 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $37,599 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,832,394 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $646,936 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,707 |
| Payroll taxes | $41,183 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $48,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,700 |
| Advertising and promotion | $19,866 |
| Office expenses | $21,042 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $80,419 |
| Travel | $10,802 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,501 |
| Interest | $49,333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,926 |
| Insurance | $13,347 |
| All other expenses | $62,374 |
| Total functional expenses | $1,466,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,148,299 |
| Savings and temporary cash investments | $1,400,573 |
| Pledges and grants receivable | $1,897,920 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,598 |
| Net Land, buildings, and equipment | $17,547,763 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,996,153 |
| Accounts payable and accrued expenses | $275,255 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $5,512,010 |
| Other liabilities | $0 |
| Total liabilities | $5,787,265 |
| Net assets without donor restrictions | $7,352,078 |
| Net assets with donor restrictions | $10,856,810 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $23,996,153 |