Norwegian-american Historical Association is a 501(c)(3) organization based in Northfield, Minnesota, registered in 1947, with $1,258,204 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.3M
▲ 116.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$394K
Net assets
$4.4M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Norwegian-american Historical Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Norwegian-american Historical Association: 133 mo reserves · +69% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Norwegian-american Historical Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Norwegian-american Historical Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $218K (FY2013) to $1.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
68.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$433K
Net assets
$4.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,258,204▲116% | $393,716▲40.5% | $4,378,134▲15.0% | $4,810,971▲14.7% | 990 |
| 2023 | $581,731▲56.8% | $280,250▼28.9% | $3,807,122▲17.5% | $4,196,056▲16.0% | 990 |
| 2022 | $371,031▼28.6% | $394,052▲32.2% | $3,240,527▼18.1% | $3,617,487▼15.3% | 990 |
| 2021 | $519,355▲26.3% | $298,074▼36.3% | $3,956,347▲12.5% | $4,271,382▲11.1% | 990 |
| 2020 | $411,165▲83.2% | $467,885▲191% | $3,518,053▲2.1% | $3,843,346▲4.5% | 990 |
| 2019 | $224,376▼14.9% | $160,575▲26.4% | $3,444,460▲14.7% | $3,676,967▲13.1% | 990 |
| 2018 | $263,539▼10.4% | $127,057▼4.4% | $3,003,653▲30.0% | $3,251,209▲24.9% | 990 |
| 2017 | $294,093▲42.6% | $132,844▼34.8% | $2,310,962▲17.9% | $2,603,719▲15.7% | 990 |
| 2016 | $206,300▲1.3% | $203,695▲46.9% | $1,959,703▲4.2% | $2,249,774▲5.2% | 990 |
| 2015 | $203,705▼34.8% | $138,701▼25.5% | $1,880,223▼4.2% | $2,137,965▼4.4% | 990 |
| 2014 | $312,500▲43.6% | $186,170▲42.9% | $1,963,345▲10.0% | $2,236,481▲7.5% | 990 |
| 2013 | $217,693 | $130,279▲2.0% | $1,784,800▲17.7% | $2,079,589▲12.4% | 990 |
| 2012 | — | $127,783▲3.2% | $1,516,256▲32.8% | $1,849,434▲9.5% | 990 |
| 2011 | — | $123,832▲61.7% | $1,141,665▼9.4% | $1,689,219▼2.7% | 990 |
| 2010 | — | $76,563 | $1,260,197 | $1,736,119 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
7 grants to Norwegian-american Historical Association totaling $206K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Minnesota Historical Society | Legacy grant for projects focused on rehousing records for norwegian-american and norse-american centennial papers | 2023 | $13,236 |
| Minnesota Historical Society | Legacy grant for digital exhibit planning for norwegian-american commemorations in minnesota | 2022 | $35,690 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2022 | $10,000 |
| Minneapolis Foundation | Donor-recommended, arts & culture | 2022 | $7,000 |
| Minnesota Historical Society | Legacy grants for digitization of the norse-american centennial papers and o e rolvaag papers | 2021 | $69,316 |
| Minnesota Historical Society | Legacy grants for digitization of o. e. rolvaag papers | 2020 | $61,019 |
| Minnesota Historical Society | Legacy grant for naha plan to digitize o.e. rolvaag collection. | 2018 | $10,000 |
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Data for Norwegian-american Historical Association (EIN 41-6038548) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.