Vesterheim Norwegian American Museum
Decorah, Iowa
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 2 peers in Arts, Culture & Humanities 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 | $5,032,867↓9% | $3,841,101↑15% | $31,026,303↑18% | — |
| 2022 | $5,553,551↓23% | $3,340,220↑18% | $26,285,697↑5% | — |
| 2021 | $7,187,886↑234% | $2,823,052↓4% | $24,953,272↑24% | — |
| 2020 | $2,153,032↓30% | $2,933,339↓8% | $20,072,525↑5% | — |
| 2019 | $3,077,295↓41% | $3,198,843↑15% | $19,170,708↑13% | — |
| 2018 | $5,247,853↑96% | $2,772,561↑6% | $16,920,521↑2% | — |
| 2017 | $2,678,529↓8% | $2,626,775↑16% | $16,634,511↑8% | — |
| 2016 | $2,915,328↓38% | $2,258,427↓6% | $15,415,902↑16% | — |
| 2015 | $4,721,836↑43% | $2,413,816↑11% | $13,336,346↑15% | — |
| 2014 | $3,292,516↑30% | $2,182,033↑10% | $11,631,098↑13% | — |
| 2013 | $2,534,233↑29% | $1,978,803↑17% | $10,306,026↑15% | — |
| 2012 | $1,971,036↑28% | $1,685,255↑16% | $8,929,640↑2% | — |
| 2011 | $1,534,497 | $1,447,897 | $8,713,291 | — |
Frequently Asked Questions
What does Vesterheim Norwegian American Museum do?▼
Vesterheim Norwegian American Museum is a arts, culture & humanities nonprofit organization based in Iowa. It is classified under NTEE code A500 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Vesterheim Norwegian American Museum financially healthy?▼
Based on our 9-metric Financial Health Score model, Vesterheim Norwegian American Museum has a score of 73/100 (Grade: B+). 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 Vesterheim Norwegian American Museum generate?▼
Vesterheim Norwegian American Museum reports $4.7M in annual revenue and holds $30.7M in total assets, based on IRS filings.
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