Friends Of The House Of Sweden
- Assets
- $253.0k
- Revenue
- $222.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 05/2006
- Data as of
- 12/2022
- EIN
- 20-4326850
Organization Overview
Friends Of The House Of Sweden is located in Washington, DC. The organization was established in 2006. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The House Of Sweden 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, Friends Of The House Of Sweden generated $222.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $159.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND PROMOTE EDUCATION, NETWORKING OPPORTUNITIES, EXCHANGES OF INFORMATION, SCIENCE AND LITERARY ENDEAVORS RELATING TO ALL ASPECTS OF SWEDISH CULTURE AND COMMERENCE, AND TO PROMOTE GOOD RELATIONS AND UNDERSTANDING BETWEEN THE PEOPLES AND GOVERNMENTS OF SWEDEN AND THE UNITED STATES; TO HOLD MEETINGS AND OTHER ACTIVITIES FOR INSTRUCTION AND INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEME PROGRAM "MOBILITY" HAS BEEN THE 21ST PROGRAM IN THE SERIES THAT STARTED 2006. PRESENTED IN HOUSE OF SWEDEN AND ELSEWHERE IN THE US WE HAD EXHIBITS, SEMINARS, CONCERTS, ROUNDTABLE TALKS, STUDENT CHALLENGES, WORKSHOPS, FAMILY DAYS, CONCERTS AND MORE. FRIENDS OF HOUSE OF SWEDEN HIGHLIGHTED SOME AREAS SUCH AS EQUALITY, CLIMATE, SECURITY, CHILDREN, TRADE, SCIENCE, SWEDISH CULTURE ETCETERA. THE PROGRAM WAS CUT SHORT AND THEN MADE MORE VIRTUAL BECAUSE OF THE PANDEMIC. SWEDISH AS WELL AS AMERICAN AUTHORITIES, CORPORATIONS, ORGANIZATIONS, THINK TANKS, ARTISTS AND STUDENTS PARTNERED WITH FRIENDS OF HOUSE OF SWEDEN TO REACH SPECIAL TARGET GROUPS TO GIVE OPPORTUNITIES TO EXCHANGE IDEAS AND ENHANCE CULTURAL AND SCIENTIFIC EXCHANGE BETWEEN SWEDEN AND THE US.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert H Craft Co-Chair | OfficerTrustee | 1 | $0 |
Brent Erickson Treasurer | OfficerTrustee | 0.5 | $0 |
Astrid Marklund Director | Trustee | 0.5 | $0 |
Bruce Karstadt Director | Trustee | 0.5 | $0 |
Bjorn Arvidsson Secretary | Trustee | 4 | $0 |
Ingrid Ask Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $218,503 |
| Noncash contributions included in lines 1a–1f | $5,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $218,503 |
| Total Program Service Revenue | $3,807 |
| Investment income | $355 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,665 |
| 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. | $26,547 |
| Compensation of current officers, directors, key employees. | $26,547 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,038 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $77 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,421 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,418 |
| All other expenses | $0 |
| Total functional expenses | $159,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,497 |
| Savings and temporary cash investments | $112,506 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $253,003 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $253,003 |
| Net assets with donor restrictions | $0 |
| 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 | $253,003 |