Civic Intelligence

The Danish American Archive and Lib

EIN 27-3486925 • 501(c)3 • Blair, NE

Profile

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.

1738 Washington StreetBlair, NE 68008

www.danishamericanarchive.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

89th percentile

49%

Higher net margin than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$59,443

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

76th percentile

17%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

52%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$864,956

Up $13,071 (+1.5%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Up

$864,956

Up $13,071 (+1.5%) from 2021

Revenue

Down

$179,029

Down $183,649 (-51%) from 2021

Expenses

Up

$165,958

Up $37,789 (+29%) from 2021

Net Income

Down

$13,071

Down $221,438 (-94%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2020: $675,805Liabilities 2020: $0Net Assets 2020: $675,8052020Assets 2021: $851,885Liabilities 2021: $0Net Assets 2021: $851,8852021Assets 2022: $864,956Liabilities 2022: $0Net Assets 2022: $864,9562022

Highlighted filing

2022

Assets$864,956
Liabilities$0
Net Assets$864,956

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2020: $178,177Expenses 2020: $110,773Net Income 2020: $67,4042020Revenue 2021: $362,678Expenses 2021: $128,169Net Income 2021: $234,5092021Revenue 2022: $179,029Expenses 2022: $165,958Net Income 2022: $13,0712022

Highlighted filing

2022

Revenue$179,029
Expenses$165,958
Net Income$13,071

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 13, 2022
Return Version
2021v4.2
Gross Receipts
$376,784
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$346,437$413,058▲ $66,621
Land, Buildings, and Equipment, Net$163,340$201,999▲ $38,659
Savings and Temporary Cash Investments$103,197$146,199▲ $43,002
Cash and Non-Interest-Bearing Accounts$62,831$90,629▲ $27,798
Total Assets$675,805$851,885▲ $176,080
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$529,131$695,599▲ $166,468
Net Assets With Donor Restrictions$146,674$156,286▲ $9,612
Total Net Assets Fund Balance$675,805$851,885▲ $176,080
Total Liabilities and Net Assets / Fund Balance$675,805$851,885▲ $176,080

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$141,867$3,733$145,600
Other Land Buildings$45,732$5,081$50,813
Land$14,400-$14,400

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$345,799$100,692▼ $30,305-$413,058
2020$266,566$40,750▲ $41,257-$345,799
2019$121,471$111,870▲ $35,202-$266,566
2018$110,130$17,264▼ $4,866-$121,471
2017$92,994$4,600▲ $13,444-$110,130
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jill HennickExecutive DirectorFT$48,204$48,204

Board Members and Trustees

NameTitle
Gary MadsenPresident
Cheyenne JansdatterBoard Member
David JohnsonBoard Member
John Mark NielsenBoard Member
Linda SteffensenBoard Member
Lori LarsenBoard Member
Marty KoefoedBoard Member
Palma PlumeBoard Member
Sandra WigdahlBoard Member
Christie GehringerSecretary
Sandra SonderupTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$162,394
Program Service Revenue
$171,340
Investment Income
$28,584
Other Revenue
$360
All Other Contributions
$162,394
Change in Net Assets
$234,509

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$9,160Fair Market Value (FMV) at time of gift
Total Noncash Contributions4$9,160-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$83,082
Other Expenses$45,087
Total Fundraising Expense$4,898
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$28,923$16,871$2,410$48,204
Other Salaries and Wages$28,974--$28,974
Advertising$9,659-$349$10,008
Occupancy$9,497--$9,497
Office Expenses$3,173$4,201$1,955$9,329
Depreciation Depletion$8,814--$8,814
Payroll Taxes$4,429$1,291$184$5,904
Fees for Service Investment Mgmnt Fees-$3,128-$3,128
Insurance$491$2,270-$2,761
Information Technology$949$231-$1,180
Other Expenses$370--$370
Total Functional Expenses$95,279$27,992$4,898$128,169
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Article II section 1 of the By-laws states the membership of the Corporation consists of two classes-voting members and associate, non-participating members. The voting members have either made a financial contribution, in-kind contribution, or volunteered time to the corporation between January 1 of the calendar year prior and the date of the meeting of members.

Member election for additional members Part VI line 7A

Voting members attend the annual meeting of members to elect Directors and consider and act upon such other matters as may be raised consistent with the requirements of the Nebraska Nonprofit Corporation Act, according to the By-laws, Article II,section 5.

Governing body decisions Part VI line 7B

Voting Members attend the annual meeting of members to elect Directors and consider and act upon such matters as may be raised consistent with the requirements of the Nebraska Nonprofit Corporation Act, according to the By-laws,article II,section 5.

Form 990 governing body review Part VI line 11

The 990 return is emailed to the board members before being filed in order for everyone to review and comment prior to filing.

Conflict of interest policy compliance Part VI line 12C

Board members abstain from any decision involving potential conflicts of interest.

Governing documents etc available to public Part VI line 19

Documents available upon request.

Statement of Revenue Part VIII

Part VIII,2a: Research fees we collect for translations from Danish or photocopies of our materials for research purposes are consistent with Article VI,part 2 of our Articles of Incorporation.Part VIII,2b: Fees for processing a large archival collection of materials is consistent with Article VI,part 1 of our Articles of Incorporation.Part VIII,2c: Fees to accessibly store a large archival collection are consistent with Article VI, part 2 of our Articles of Incorporation.Part VIII,10a: The sale of books that we publish with Danish subject matter is consistent with Article VI, part 3 of our Articles of Incorporation.

Part VII response or note to any other line in Part VII

Part VII, Section A,1a(1): Article IV,section 9 of the By-laws states, At its annual meeting, the Board of Directors may appoint an Executive Director and any assistants to manage and oversee the operation of the on-going affairs and staff of the corporation.

Filing and Contact Details

Filer

Filer Name
The Danish American Archive and Lib
EIN
27-3486925
Address
1738 Washington Street, Blair, NE 68008

Signing Officer

Name
Sandra Sonderup
Title
Treasurer
Phone
4024267910
Signed
2022-04-13
Discuss with paid preparer
No

Organization Details

Formed
2010
Legal Domicile
Ne
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
50

Preparer

Firm
Central Tax & Bookkeeping
Address
1143 S Highway 30, Blair, NE 68008
Preparer
Jon Sonderup
Phone
4024263350
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

During the period ending 12/31/2021 the endowment fund account balance was adjusted from market value to cost effecting equity negatively by $58,429.

Financial Statement Notes

Not reporting collections (Part III, line 1A)

The archival records, books and periodicals which were acquired through contributions since the DAALs inception are not recognized in the statement of Financial Positions as allowed under SFAS 116. These donated items are added to collections held for public education and research in futherance of public service rather than financial gains.

Collections descriptions (Part III, line 4)

Books, perodicals and archival materials document the experience of and contributions toAmerican life by Danish immigrants and their descendants. The preservation of these materials makes research into these areas possible.

Endowment funds intended uses (Part V, line 4)

The primary objective is to generate sufficient funds to support a long term distribution policy of 4%. The secondary objective is to protect the real purchasing power of the principle within prudent guidelines.

General Explanation Attachment

Endowment(PartV,line1c).During the period ending 12/31/2021 the endowment fund account balance was adjusted from market value to cost.

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IRS990/PayrollTaxesGrp/FundraisingAmt0184
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IRS990/ProgramServiceRevenueGrp/Desc1Processing Fees
IRS990/ProgramServiceRevenueGrp/Desc2Storage Fees
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt185500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt285800
IRS990/ProgSrvcAccomActy2Grp/Desc0Maintaining 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.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt032999
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt085800
IRS990/ProgSrvcAccomActy3Grp/Desc0Describing and interpreting the Danish American experience for a general audience through books, newsletters and exhibits.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt021561
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IRS990/PYTotalExpensesAmt0110773
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IRS990/RegularMonitoringEnfrcInd0true
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0145129
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IRS990ScheduleA/SubstantialContributorsTotAmt0134773
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0239300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0145129
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0827283
IRS990ScheduleA/TotalSupportAmt0827283
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0141867
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03733
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0345799
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt041257
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01057
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IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
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IRS990ScheduleD/LandGrp/BookValueAmt014400
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IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The archival records, books and periodicals which were acquired through contributions since the DAALs inception are not recognized in the statement of Financial Positions as allowed under SFAS 116. These donated items are added to collections held for public education and research in futherance of public service rather than financial gains.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Books, perodicals and archival materials document the experience of and contributions toAmerican life by Danish immigrants and their descendants. The preservation of these materials makes research into these areas possible.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2The primary objective is to generate sufficient funds to support a long term distribution policy of 4%. The secondary objective is to protect the real purchasing power of the principle within prudent guidelines.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Endowment(PartV,line1c).During the period ending 12/31/2021 the endowment fund account balance was adjusted from market value to cost.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Not reporting collections (Part III, line 1a)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Collections descriptions (Part III, line 4)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Endowment funds intended uses (Part V, line 4)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3General Explanation Attachment
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.21000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0201999
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/BooksAndPublicationsGrp/NonCashCheckboxInd0X
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IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt092
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Archival records
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt04
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV at time of gift
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt09160
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0A zero amount was reported on Form 990 VIII line 1g for books, publications and archival records because the DAAL does not capitalize its collection as allowed under SFAS 116. These donated items are added to collections held for public education and research in furtherance of public service rather than financial gains.The number of contributions, not the number of items received is reported in Part 1, column (b).
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Information for Schedule M
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true

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