Civic Intelligence

The Danish Immigrant Museum

990 • Fiscal year 2016 • EIN 42-1204613

Sep 01, 2015 to Aug 31, 2016 • Filed on Dec 20, 2016

Organization ProfileWWW.DANISHMUSEUM.ORG

Refreshing map…

2212 Washington StElk Horn, IA 51531

(712) 764-7001

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.03x

Higher debt load relative to assets than 24% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

50th percentile

0.18x

Higher debt load relative to revenue than 50% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

49th percentile

1.7%

Higher net margin than 49% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

37th percentile

$93,500

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

52nd percentile

2.1%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-43%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets24th percentile

Assets

Flat

$9,282,252

Flat from 2016

Net Assets

Flat

$9,018,828

Flat from 2016

Liabilities

Flat

$263,424

Flat from 2016

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin49th percentile

Revenue

Flat

$1,424,098

Flat from 2016

Expenses

Flat

$1,399,489

Flat from 2016

Net Income

Flat

$24,609

Flat from 2016

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $5,227,982Liabilities 2011: $187,114Net Assets 2011: $5,040,8682011Assets 2012: $5,675,672Liabilities 2012: $23,392Net Assets 2012: $5,652,2802012Assets 2013: $7,315,752Liabilities 2013: $145,363Net Assets 2013: $7,170,3892013Assets 2014: $8,557,464Liabilities 2014: $458,773Net Assets 2014: $8,098,6912014Assets 2015: $9,091,739Liabilities 2015: $191,915Net Assets 2015: $8,899,8242015Assets 2016: $9,282,252Liabilities 2016: $263,424Net Assets 2016: $9,018,8282016Assets 2016: $9,282,252Liabilities 2016: $263,424Net Assets 2016: $9,018,8282016Assets 2017: $10,244,958Liabilities 2017: $200,000Net Assets 2017: $10,044,9582017Assets 2018: $10,259,972Liabilities 2018: $114,281Net Assets 2018: $10,145,6912018Assets 2019: $10,563,210Liabilities 2019: $2,552Net Assets 2019: $10,560,6582019Assets 2020: $10,762,497Liabilities 2020: $124,100Net Assets 2020: $10,638,3972020Assets 2021: $11,691,535Liabilities 2021: $17,410Net Assets 2021: $11,674,1252021Assets 2022: $10,787,918Liabilities 2022: $15,725Net Assets 2022: $10,772,1932022Assets 2023: $10,852,648Liabilities 2023: $18,170Net Assets 2023: $10,834,4782023Assets 2024: $11,526,738Liabilities 2024: $18,859Net Assets 2024: $11,507,8792024Assets 2025: $11,824,606Liabilities 2025: $17,507Net Assets 2025: $11,807,0992025

Highlighted filing

2016

Assets$9,282,252
Liabilities$263,424
Net Assets$9,018,828
Open 2016 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $917,293Expenses 2011: $1,080,156Net Income 2011: -$162,8632011Revenue 2012: $1,565,512Expenses 2012: $1,066,261Net Income 2012: $499,2512012Expenses 2013: $1,296,6162013Revenue 2014: $2,024,509Expenses 2014: $1,275,205Net Income 2014: $749,3042014Revenue 2015: $2,498,374Expenses 2015: $1,456,892Net Income 2015: $1,041,4822015Revenue 2016: $1,424,098Expenses 2016: $1,399,489Net Income 2016: $24,6092016Revenue 2016: $1,424,098Expenses 2016: $1,399,489Net Income 2016: $24,6092016Revenue 2017: $2,109,289Expenses 2017: $1,379,649Net Income 2017: $729,6402017Revenue 2018: $1,231,139Expenses 2018: $1,401,149Net Income 2018: -$170,0102018Revenue 2019: $2,095,776Expenses 2019: $1,418,569Net Income 2019: $677,2072019Revenue 2020: $1,131,333Expenses 2020: $1,462,702Net Income 2020: -$331,3692020Revenue 2021: $1,668,565Expenses 2021: $1,524,763Net Income 2021: $143,8022021Revenue 2022: $1,977,649Expenses 2022: $1,649,940Net Income 2022: $327,7092022Revenue 2023: $1,617,557Expenses 2023: $1,815,441Net Income 2023: -$197,8842023Revenue 2024: $1,515,730Expenses 2024: $1,765,559Net Income 2024: -$249,8292024Revenue 2025: $2,330,795Expenses 2025: $1,940,130Net Income 2025: $390,6652025

Highlighted filing

2016

Revenue$1,424,098
Expenses$1,399,489
Net Income$24,609
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Dec 20, 2016
Return Version
2015v2.1
Gross Receipts
$2,988,462
Mission and Program Overview

Mission

The museum of danish america explores the danish-american experience, the historic and modern influences of denmark on the united states, and the continuing story of how a nation of immigrants shape american identity.

Celebrating danish roots and american dreams. A striking modern half-timbered building situated on 30-acres in western iowa's rolling hills houses extensive artifact collections, permanent, and traveling exhibits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,765,331$4,707,184▼ $58,147
Investments in Publicly Traded Securities$3,750,717$4,077,044▲ $326,327
Savings and Temporary Cash Investments$451,089$386,196▼ $64,893
Inventories for Sale or Use$101,819$99,535▼ $2,284
Intangible Assets$9,346$8,645▼ $701
Cash and Non-Interest-Bearing Accounts$13,437$3,648▼ $9,789
Total Assets$9,091,739$9,282,252▲ $190,513
Liabilities
Mortgage Notes Payable Secured by Investment Property$178,500$263,000▲ $84,500
Accounts Payable and Accrued Expenses$13,415$424▼ $12,991
Total Liabilities$191,915$263,424▲ $71,509
Net Assets / Fund Balance
Unrestricted Net Assets$5,691,869$5,764,620▲ $72,751
Permanently Rstr Net Assets$2,903,874$3,071,644▲ $167,770
Temporarily Rstr Net Assets$304,081$182,564▼ $121,517
Total Net Assets Fund Balance$8,899,824$9,018,828▲ $119,004
Total Liabilities and Net Assets / Fund Balance$9,091,739$9,282,252▲ $190,513

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,683,700$1,565,984$5,249,684
Other Land Buildings$538,091$252,596$790,687
Equipment$184,405$369,876$554,281
Land$297,850-$297,850
Leasehold Improvements$3,138$23,763$26,901

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$3,687,329$188,705▲ $227,844$-66,127$4,004,970
2014$3,146,431$802,709▼ $32,521$-198,907$3,687,329
2013$2,645,830$424,269▲ $411,506$-308,827$3,146,431
2012$2,350,003$302,048▲ $196,583$-180,383$2,645,830
2011$2,155,663$286,013▲ $190,045$-260,085$2,350,003
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseTotal
John Mark NielsenExec DirectorFT$93,500$93,500

Board Members and Trustees

NameTitle
Garey KnudsenPresident
Anna Thomsen HollidayBoard Member
Bente EllisBoard Member
Beth Bro-roofBoard Member
Brent NorlemBoard Member
Carl SteffensenBoard Member
Cindy Larsen AdamsBoard Member
Craig MolgaardBoard Member
Dagmar MuthamiaBoard Member
Danny WarrenBoard Member
David EsbeckBoard Member
David HendeeBoard Member
Dorothy Stadsvold FeiselBoard Member
Glenn HenriksenBoard Member
Jerry SchraderBoard Member
Linda SteffensenBoard Member
Marian OstergaardBoard Member
Ole SonnichsenBoard Member
Peter NielsenBoard Member
Randall RuggaardBoard Member
Ronald BroBoard Member
Carolyn LarsonSecretary
Karen SuchomelTreasurer
Timothy BurchillVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,196,005
Program Service Revenue
$47,013
Investment Income
$129,869
Other Revenue
$51,211
All Other Contributions
$1,159,005
Change in Net Assets
$24,609

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$2,963Quoted Market Price
Total Noncash Contributions2$2,963-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,424,098
Revenue Not Reported on Form 990
$94,395
Total Revenue per Audited Statements
$1,518,493
Total Revenue per Form 990
$1,424,098
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$721,913
Salaries, Compensation, and Employee Benefits$659,692
Total Fundraising Expense$125,519
Grants and Similar Amounts Paid$17,884
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$342,858$142,291$51,328$536,477
Depreciation Depletion$158,930$38,549$9,218$206,697
Office Expenses$89,656$27,867$27,991$145,514
Occupancy$91,753$23,656$3,235$118,644
Other Employee Benefits$66,913$5,870$9,391$82,174
Fees for Service Investment Mgmnt Fees-$42,449-$42,449
Payroll Taxes$26,229$10,885$3,927$41,041
Travel$24,285$3,289$4,729$32,303
Insurance$19,125$9,563$3,188$31,876
Fees for Services Other$21,975-$6,000$27,975
Conferences and Meetings$7,240$15,752$637$23,629
Advertising$2,112$16,348$589$19,049
Grants to Domestic Orgs$17,884--$17,884
Fees for Services Accounting-$13,882-$13,882
Information Technology$1,562$7,217-$8,779
Fees for Services Legal$3,177$2,525-$5,702
Interest-$2,486-$2,486
Other Expenses$895$1,000$100$1,000
Total Functional Expenses$892,332$381,638$125,519$1,399,489

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,399,489
Total Expenses per Audited Statements$1,399,489
Total Expenses per Form 990$1,399,489
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Danish American Language FdnSt Charles, IL501c3Hc Andersen Statue$17,884
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
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Return is emailed to the executive director and board members before being filed in order for everyone to review and comment prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Board members abstain from any decisions involving potential conflicts of interest.”

Form 990, Page 6, Part VI, Line 15A

“Executive director receives a review from the board of directors annually. At that time, the board determines his salary for the coming year.”

Form 990, Page 6, Part VI, Line 15B

“Remaining employees receive annual performance reviews conducted by the executive director and one or more board members at which time compensation is determined.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy, and financial statements are made available to the public upon request. In addition, copies of the most recently filed forms 990 are available on guidestar's website.”

Filing and Contact Details

Filer

Filer Name
The Danish Immigrant Museum
EIN
42-1204613
Phone
7127647001
Address
2212 WASHINGTON ST, ELK HORN, IA 51531
Doing Business As
The Museum of Danish America

Signing Officer

Name
John Mark Nielsen
Title
Exec Director
Phone
7127647001
Signed
2016-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Mark Nielsen
Formed
1983
Legal Domicile
Ia
Voting Board Members
24
Independent Board Members
24
Employees
24
Volunteers
85

Preparer

Firm
Olsen Muhlbauer & Co Llp
Address
PO BOX 545, CARROLL, IA 51401
Preparer
Tammy M Bruch
Phone
7127924314
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“The organization receives a significant amount of support in the form of goods and services from donors and volunteers in the organization's operations, fund raising, admissions desk, museum shop, and museum tours.”

Form 990, Page 2, Part III, Line 4B

“America letter. Staff consists of 1 full-time librarian/manager, a .6 fte library assistant, occasional interns and 18 local and long-distance volunteers. In fy 2015/2016, staff and volunteers completed 34 translation requests and 67 in-depth research projects (a new record), created several new in-house indexes and databases, and added 374 immigrant files to the vertical file collection. With the assistance of a danish library intern, 655 items were added to the genealogy center collection in past perfect. The center's special collections department now comprises 122 separate collections ranging from family materials and photographs to topical or geographical subjects. A photo exhibit titled "my favorite dane" went on display in the center lobby from may to october 2016. Stories and information collected will go into vertical files for future reference.”

Form 990, Page 2, Part III, Line 4D

“The design store displays items and sells items reflecting the best in danish design and books about denmark and danish-american relations. Inventory is selected that reflects the museum's mission of educating and informing its public and includes items from furniture to lighting to jewelry and home interior decoration and books ranging from academic studies to entertaining folklore. Tours & promotion of a 19th century historical danish house.”

Form 990, Part V, Line 4B

“DENMARK”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The two endowment funds maintained by the museum are intended to provide a steady stream of income coming from the allowable withdrawals of income while maintaining the purchasing power of the underlying investment assets in order to maintain the funding for perpetuity.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE MUSEUM OF DANISH AMERICA CELEBRATES DANISH ROOTS AND AMERICAN DREAMS THROUGH ITS CURATORIAL ACTIVITIES. THE CURATORIAL DEPARTMENT MAINTAINS A COLLECTION OF APPROXIMATELY 40,000 ARTIFACTS AND ACCEPTED 583 ADDITIONAL PIECES DURING THIS PAST YEAR. OVER 40,000 ARTIFACT RECORDS ARE MADE AVAILABLE THROUGH "VIEW OUR COLLECTION" ON THE MUSEUM'S WEBSITE. THE MUSEUM (1) WELCOMED OVER 8000 VISITORS THIS YEAR, (2) OPENED FIVE NEW TEMPORARY EXHIBITIONS, AND (3) PROVIDED TEN DIFFERENT TRAVELING EXHIBITIONS TO 23 VENUES IN 12 STATES REACHING AN ADDITIONAL AUDIENCE OF 27,000 PEOPLE. A ROBUST CALENDAR OF SPECIAL EVENTS PROVIDED LUNCHTIME SPEAKERS, HOLIDAY TRADITIONS, OUTDOOR ACTIVITIES, AND DANISH FILMS TO VISITORS OF ALL AGES.
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IRS990/MissionDesc0CELEBRATING DANISH ROOTS AND AMERICAN DREAMS. A STRIKING MODERN HALF-TIMBERED BUILDING SITUATED ON 30-ACRES IN WESTERN IOWA'S ROLLING HILLS HOUSES EXTENSIVE ARTIFACT COLLECTIONS, PERMANENT, AND TRAVELING EXHIBITS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE GENEALOGY CENTER OF THE MUSEUM OF DANISH AMERICA, LOCATED ON MAIN STREET IN ELK HORN, COLLECTS PRINT, VISUAL, MICROFORM AND DIGITAL MATERIALS ON DANISH IMMIGRANTS AND DANISH AMERICANS, THEIR COMMUNITIES AND ORGANIZATIONS, AND PROVIDES INFORMATION ON RELEVANT GENEALOGICAL RESOURCES AS WELL AS RESEARCH AND TRANSLATION SERVICES TO NORTH AMERICAN AND DANISH PATRONS BOTH IN-HOUSE AND LONG DISTANCE. THE DEPARTMENT ALSO PROVIDES SUPPORT SERVICES FOR THE CURATORIAL AND EXHIBITIONS DEPARTMENTS. IN FY 2015/2016, 500 PEOPLE VISITED THE GENEALOGY CENTER, INCLUDING 58 AT JULFEST (NOVEMBER) AND 57 AT TIVOLIFEST (MAY). OUTREACH ACTIVITIES IN THE FORM OF NEWSPAPER VIGNETTES, SPEAKING ENGAGEMENTS AND WORKSHOPS NUMBERED 9, IN ADDITION TO IN-DEPTH RESEARCH ARTICLES WRITTEN FOR THE THREE ISSUES OF THE AMERICA LETTER. STAFF CONSISTS OF 1 FULL-TIME LIBRARIAN/MANAGER, A .6 FTE LIBRARY ASSISTANT, OCCASIONAL INTERNS AND 18 LOCAL AND LONG-DISTANCE VOLUNTEERS. IN FY 2015/2016, STAFF AND VOLUNTEERS COMPLETED 34 TRANSLATION REQUESTS AND 67 IN-DEPTH RESEARCH PROJECTS (A NEW RECORD), CREATED SEVERAL NEW IN-HOUSE INDEXES AND DATABASES, AND ADDED 374 IMMIGRANT FILES TO THE VERTICAL FILE COLLECTION. WITH THE ASSISTANCE OF A DANISH LIBRARY INTERN, 655 ITEMS WERE ADDED TO THE GENEALOGY CENTER COLLECTION IN PAST PERFECT. THE CENTER'S SPECIAL COLLECTIONS DEPARTMENT NOW COMPRISES 122 SEPARATE COLLECTIONS RANGING FROM FAMILY MATERIALS AND PHOTOGRAPHS TO TOPICAL OR GEOGRAPHICAL SUBJECTS. A PHOTO EXHIBIT TITLED "MY FAVORITE DANE" WENT ON DISPLAY IN THE CENTER LOBBY FROM MAY TO OCTOBER 2016. STORIES AND INFORMATION COLLECTED WILL GO INTO VERTICAL FILES FOR FUTURE REFERENCE.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt028844

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,282,252
Liabilities
$263,424
Net assets
$9,018,828
Revenue
$1,424,098
Expenses
$1,399,489
Net income
$24,609
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$0.02$11.8$2.33$1.94$0.39
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$0.02$11.5$1.52$1.77$0.25
2023Summary only. Only limited summary data is available for this year.$10.9$0.02$10.8$1.62$1.82$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.02$10.8$1.98$1.65$0.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$0.02$11.7$1.67$1.52$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.12$10.6$1.13$1.46$0.33
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$0.00$10.6$2.10$1.42$0.68
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$0.11$10.1$1.23$1.40$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$0.20$10.0$2.11$1.38$0.73
2016Detailed filing. Detailed filing data is available for this year.$9.28$0.26$9.02$1.42$1.40$0.02
2016Summary only. Only limited summary data is available for this year.$9.28$0.26$9.02$1.42$1.40$0.02
2015Detailed filing. Detailed filing data is available for this year.$9.09$0.19$8.90$2.50$1.46$1.04
2014Detailed filing. Detailed filing data is available for this year.$8.56$0.46$8.10$2.02$1.28$0.75
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.32$0.15$7.17$1.30
2012Summary only. Only limited summary data is available for this year.$5.68$0.02$5.65$1.57$1.07$0.50
2011Summary only. Only limited summary data is available for this year.$5.23$0.19$5.04$0.92$1.08$0.16