Norsk Hostfest Association
Minot, North Dakota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
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 | $2,689,914↑40% | $2,515,777↓17% | $141,987↓79% | — |
| 2022 | $1,925,890↑562% | $3,027,712↑640% | $679,386↑36% | — |
| 2021 | $291,120↑29% | $408,976↑8% | $501,346↓33% | — |
| 2020 | $225,254↓95% | $379,524↓91% | $744,123↓15% | — |
| 2019 | $4,113,046↑14% | $4,035,465↑8% | $874,035↓40% | — |
| 2018 | $3,604,276↑12% | $3,753,591↑17% | $1,464,307↑7% | — |
| 2017 | $3,208,710↓1% | $3,200,092↓2% | $1,369,787↑20% | — |
| 2016 | $3,227,301↑9% | $3,260,804↑3% | $1,145,940↑1% | — |
| 2015 | $2,953,089↓15% | $3,153,313↓11% | $1,131,097↓19% | — |
| 2014 | $3,461,635↑12% | $3,532,707 | $1,391,052↓7% | — |
| 2013 | $3,081,914↓5% | $3,535,290↓5% | $1,492,749↓23% | — |
| 2012 | $3,261,225↑15% | $3,705,684↑1% | $1,935,394↑16% | — |
| 2011 | $2,842,335 | $3,663,121 | $1,663,116 | — |
Frequently Asked Questions
What does Norsk Hostfest Association do?▼
Norsk Hostfest Association is a arts, culture & humanities nonprofit organization based in North Dakota. It is classified under NTEE code A230 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Norsk Hostfest Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Norsk Hostfest Association has a score of 48/100 (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 Norsk Hostfest Association generate?▼
Norsk Hostfest Association reports $3.5M in annual revenue and holds $200K in total assets, based on IRS filings.
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