Danish American Archive And Library
- Assets
- $851.9k
- Revenue
- $362.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Blair, NE
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 27-3486925
Organization Overview
Danish American Archive And Library is located in Blair, NE. The organization was established in 2011. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Danish American Archive And Library employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Danish American Archive And Library 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 12/2021, Danish American Archive And Library generated $362.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $128.2k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATING A COMBINED ARCHIVE AND LIBRARY TO COLLECT, PRESERVE, INTERPRET AND MAKE AVAILABLE MATERIAL DOCUMENTING EXPERIENCES AND CONTRIBUTIONS TO AMERICAN LIFE BY DANISH IMMIGRANTS AND THEIR DESCENDANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AQUIRING, PRESERVING AND PROCESSING COLLECTIONS OF ARCHIVAL AND LIBRARY MATERIALS DOCUMENTING THE EXPERIENCES AND CONTRIBUTIONS TO AMERICAN LIFE BY DANISH IMMIGRANTS AND THEIR DESCENDANTS.PROGRAM REVENUE OF $85,500 IS INTENDED TO COVER THE PROCESSING COSTS FOR A NEW LARGE COLLECTION OVER A NUMBER OF YEARS.
MAINTAINING THE BUILDING AT 1738 WASHINGTON STREET TO PROVIDE CLIMATE CONTROLLED STORAGE FOR OUR COLLECTION AND TO PROVIDE WORK SPACE FOR VISITORS, RESEARCHERS AND VOLUNTEERS.DIGITIZING AND WORKING WITH DATABASES TO MAKE THE ARCHIVAL MATERIAL AVAILABLE FOR RESEARCH BOTH REMOTELY AND IN-HOUSE.PROGRAM REVENUE OF $85,800 IS INTENDED TO COVER STORAGE COSTS FOR A NEW LARGE COLLECTION THROUGH THE YEAR 2050.
DESCRIBING AND INTERPRETING THE DANISH AMERICAN EXPERIENCE FOR A GENERAL AUDIENCE THROUGH BOOKS, NEWSLETTERS AND EXHIBITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Hennick Executive Director | Officer | 40 | $48,204 |
Gary Madsen President | OfficerTrustee | 3 | $0 |
Christie Gehringer Secretary | OfficerTrustee | 2 | $0 |
Sandra Sonderup Treasurer | Officer | 2 | $0 |
David Johnson Board Member | Trustee | 0.5 | $0 |
Linda Steffensen Board Member | Trustee | 0.5 | $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 | $162,394 |
| Noncash contributions included in lines 1a–1f | $9,160 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,394 |
| Total Program Service Revenue | $171,340 |
| Investment income | $8,518 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,066 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $360 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $362,678 |
| 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. | $48,204 |
| Compensation of current officers, directors, key employees. | $16,871 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,974 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,904 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,128 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,008 |
| Office expenses | $9,329 |
| Information technology | $1,180 |
| Royalties | $0 |
| Occupancy | $9,497 |
| 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 | $8,814 |
| Insurance | $2,761 |
| All other expenses | $370 |
| Total functional expenses | $128,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,629 |
| Savings and temporary cash investments | $146,199 |
| 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 | $201,999 |
| Investments—publicly traded securities | $413,058 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $851,885 |
| 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 | $695,599 |
| Net assets with donor restrictions | $156,286 |
| 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 | $851,885 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Danish American Archive And Library has recieved totaling $541.
| Awarding Organization | Amount |
|---|---|
William E And Rose Marie Davis Foundation Bennington, NE PURPOSE: GENERAL | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $41 |
Endowment Analysis
| Beg. Balance | $345,799 |
| Earnings | -$30,305 |
| Admin Expense | $3,128 |
| Net Contributions | $100,692 |
| Ending Balance | $413,058 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mobius Columbia, MO | $4,062,831 | $7,262,645 |
Colorado Library Consortium Centennial, CO | $4,049,105 | $6,616,674 |
Outreach United Resource Center Inc Longmont, CO | $8,325,883 | $5,899,409 |
Community Information Trust Omaha, NE | $18,420,748 | $2,358,228 |
Hoover Presidential Foundation West Branch, IA | $16,155,016 | $4,574,597 |
La Llave Family Resource Center Inc Alamosa, CO | $303,516 | $1,091,609 |
Masonic Temple Education Center Ballwin, MO | $310,997 | $1,687 |
Health Sciences Library Network Of Kansas City Kansas City, MO | $88,003 | $1,010,807 |
Board Of Trustees Of The Sedgwick County Law Library Inc Wichita, KS | $799,436 | $866,999 |
Limbo Up Foundation Inc Denver, CO | $0 | $377,102 |
Northeast Missouri Library Service Kahoka, MO | $718,580 | $391,827 |
Teton County Library Foundation Inc Jackson, WY | $9,237,372 | $966,896 |