North House Folk School
Grand Marais, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,355,039↑48% | $2,452,401↑10% | $8,243,237↑31% | — |
| 2022 | $2,952,504↑3% | $2,235,472↑20% | $6,282,572↑8% | — |
| 2021 | $2,869,523↑51% | $1,858,011↑26% | $5,818,844↑22% | — |
| 2020 | $1,897,141↓7% | $1,471,428↓26% | $4,774,502↑14% | — |
| 2019 | $2,035,206↓12% | $1,990,115↑18% | $4,172,807 | — |
| 2018 | $2,302,018↑10% | $1,686,536↑20% | $4,159,406↑9% | — |
| 2017 | $2,088,024↑77% | $1,404,265↑19% | $3,814,608↑32% | — |
| 2016 | $1,179,498↑6% | $1,179,288↑24% | $2,892,192↑68% | — |
| 2015 | $1,115,046↑15% | $949,740↑7% | $1,726,068↑11% | — |
| 2014 | $967,453↑12% | $883,570↑14% | $1,558,483↓9% | — |
| 2013 | $867,355↓6% | $772,210↑11% | $1,719,749↑5% | — |
| 2012 | $923,371↑26% | $694,027↑11% | $1,638,732↓1% | — |
| 2011 | $730,577 | $625,459 | $1,661,085 | — |
Frequently Asked Questions
What does North House Folk School do?▼
North House Folk School is a education nonprofit organization based in Minnesota. It is classified under NTEE code B64P and is registered as a 501(c) tax-exempt organization with the IRS.
Is North House Folk School financially healthy?▼
Based on our 9-metric Financial Health Score model, North House Folk School has a score of 91/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does North House Folk School generate?▼
North House Folk School reports $3.7M in annual revenue and holds $9.5M in total assets, based on IRS filings.