2024-03-01T07:36:13-06:00 2023-09-30 410975573 REDPATH AND COMPANY LLC 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2022-10-01 410711603 THE AMERICAN SWEDISH INSTITUTE AMER 6128714907 2600 PARK AVENUE MINNEAPOLIS MN 55407 MOLLY STEENSON CEO/PRESIDENT 6128714907 2024-02-15 1 MOLLY STEENSON 999009999 0 ASHLEY REHN CPA P00965922 6514267000 2024-02-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MOLLY STEENSON 2600 PARK AVENUE MINNEAPOLIS MN 55407 7674982 0 X WWW.ASIMN.ORG X 1929 MN ASI IS A PLACE TO SHARE SWEDISH EXPERIENCES OF CULTURE, MIGRATION, THE ENVIRONMENT AND THE ARTS. 22 22 100 137 322783 0 21658836 4409125 751243 1186210 -383584 217203 717580 825354 22744075 6637892 32239 15630 0 0 2757239 3233126 0 0 553917 2928719 3100592 5718197 6349348 17025878 288544 53674080 60326225 3926077 7403188 49748003 52923037 X THE AMERICAN SWEDISH INSTITUTE IS A GATHERING PLACE FOR ALL PEOPLE TO SHARE EXPERIENCES AROUND THEMES OF CULTURE, MIGRATION, THE ENVIRONMENT AND THE ARTS, INFORMED BY ENDURING LINKS TO SWEDEN. 0 0 1960366 0 268826 EXHIBITIONS: ASI DEVELOPED FOUR MAJOR EXHIBITS IN FY2023 WITH ACCOMPANYING SECONDARY EXHIBITS SECRETS OF THE SEASON HOLIDAY EXPERIENCE, FLUIDITY: IDENTITY IN SWEDISH GLASS, LEAVING YOUR MARK: STORIES IN WOOD, AND OUR DRAGON STORY FAMILY EXHIBITION. ASI'S EXHIBITS RANGE IN THEMES FROM SWEDISH AND NORDIC ARTS, CRAFT HISTORY, AND CONTEMPORARY LIFE, OFTEN DEVELOPED IN CONJUNCTION WITH LOCAL PARTNERING ORGANIZATIONS AND ARTISTS AS WELL AS THE SWEDISH EMBASSY AND NORDIC HERITAGE MUSEUMS. ONE OF THE MAJOR EXHIBIT EXPERIENCES IS THE 33-ROOM TURNBLAD MANSION AND ITS ANNUAL NORDIC HOLIDAY DISPLAYS REPRESENTING DISPLAYS FOR THE FIVE NORDIC COUNTRIES BY LOCAL ARTISTS AND ORGANIZATIONS. VISITOR AND VOLUNTEER SERVICES: THIS UNIT OVERSEES MUSEUM ADMISSION FUNCTIONS, CUSTOMER SERVICE, PROGRAM REGISTRATION AND GROUP TOURS. ADDITIONALLY, THIS UNIT RECRUITS, TRAINS AND MANAGES A LARGE COHORT OF VOLUNTEERS. IN FY 2023, APPROXIMATELY 150 INDIVIDUALS VOLUNTEERED THROUGHOUT THE ORGANIZATION. COLLECTIONS: ASI MAINTAINS MATERIAL COLLECTIONS, LIBRARY, AND ARCHIVES COLLECTIONS. THE GOAL OF ASI'S COLLECTIONS IS TO REFLECT THE CULTURES OF SWEDEN AND SWEDISH AMERICA AND TO PROVIDE RESOURCES FOR RESEARCH FOR ASI STAFF, SCHOLARS, AND THE PUBLIC. 1360546 15630 754447 THE AMERICAN SWEDISH INSTITUTE CREATES AND PRESENTS EDUCATIONAL ACTIVITIES FOR LIFE-LONG LEARNING. PROGRAMS AND EXHIBITS ARE DEVELOPED USING AN AUDIENCE DRIVEN PROCESS; MATCHING MISSION AND STRATEGIC GOALS TO INTERESTS AND BEHAVIORS OF OUR AUDIENCES. ASI IS ONE OF FIVE HUB ORGANIZATIONS IDENTIFIED BY THE SWEDISH EMBASSY TO PARTNER ON CULTURAL AND BUSINESS PROGRAMS AND EVENTS. PROGRAMS: ADULT PROGRAMS INCLUDE SWEDISH AND FINNISH LANGUAGE CLASSES; HANDCRAFT, FOODWAYS, FOLK ART, AND CULTURE WORKSHOPS; AS WELL AS LECTURES, TOURS, EXHIBIT OPENINGS, CONCERTS, AND SPECIAL EVENTS. YOUTH AND FAMILY PROGRAMS OFFER ACTIVITIES FOR PRESCHOOLERS THROUGH COLLEGE STUDENTS. PROGRAMS INCLUDE SVENSKA SKOLAN SWEDISH LANGUAGE CLASSES FOR CHILDREN AND YOUTH, CRAFT WORKSHOPS FOR YOUTH, SEASONAL YOUTH AND FAMILY ACTIVITIES, COMMUNITY PROGRAMS (AT ASI AND OUTREACH IN SCHOOLS), AFTER-SCHOOL PROGRAMS AND CAMPS. ASI ALSO INCORPORATES CHILDREN/FAMILY ACTIVITIES FOR ALL MAJOR EXHIBITS. PROGRAMS ARE OFFER ON-SITE AND IN-PERSON AS WELL AS THROUGH VIRTUAL MEDIA 973557 0 665508 CULTURAL ENTERPRISES INCLUDE THREE UNITS: RETAIL THROUGH THE ON-SITE MUSEUM STORE AND ITS E-COMMERCE SITE; FOOD SERVICE AT FIKA CAF AND SLATE&STONE CATERING; AND FACILITY RENTALS FOR PRIVATE EVENTS. THE MUSEUM STORE AND FIKA CAF ARE LOCATED IN THE NELSON CULTURAL CENTER AND ARE MUSEUM ENHANCING VISITOR AMENITIES. RETAIL SELLS TRADITIONAL AND MODERN NORDIC ITEMS RELATING TO THE MISSION OF ASI AND MUSEUM, PROGRAMS, AND EXHIBITS. FIKA CAFE FEATURES NEW NORDIC CUISINE AS WELL AS TRADITIONAL SWEDISH MENU ITEMS. THE FACILITIES RENTAL UNIT COORDINATES SPACE RENTALS IN THE NELSON CULTURAL CENTER, THE TURNBLAD MANSION AS WELL AS OUTDOOR SPACES FOR THOSE DESIRING A PRIVATE GROUP EXPERIENCE AT ASI. 4294469 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 56 0 1 100 1 1 1 1 SW 0 0 0 0 0 0 0 0 0 0 X 22 22 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X STEVEN ENGELKES 6128718682 2600 PARK AVENUE MINNEAPOLIS MN 55407 DR MARGARET ADAMEK CHAIR 1.80 X X 0 0 0 DAVID SORENSEN VICE CHAIR 1.80 X X 0 0 0 ELIZABETH OLSON TREASURER 1.80 X X 0 0 0 LYNNEA ATLAS-INGEBRETSON SECRETARY 1.80 X X 0 0 0 MARCIA ANDERSON BOARD MEMBER 1.80 X 0 0 0 AIMEE RICHCREEK BAXTER BOARD MEMBER 1.80 X 0 0 0 CARLINE BENGTSSON BOARD MEMBER 1.80 X 0 0 0 BRENDA BUTLER BOARD MEMBER 1.80 X 0 0 0 TIKKI BROWN BOARD MEMBER 1.80 X 0 0 0 BRAD ENGDAHL BOARD MEMBER 1.80 X 0 0 0 BARBARA GLASER BOARD MEMBER 1.80 X 0 0 0 DR MARY DEE HICKS BOARD MEMBER 1.80 X 0 0 0 PETER HILGER BOARD MEMBER 1.80 X 0 0 0 LISA KALLEBO BOARD MEMBER 1.80 X 0 0 0 DR JOHN LITELL BOARD MEMBER 1.80 X 0 0 0 MARCO MOLINARI BOARD MEMBER 1.80 X 0 0 0 ELODIE LEE BOARD MEMBER 1.80 X 0 0 0 ANDREAS ORNBERG BOARD MEMBER 1.80 X 0 0 0 ANDREA OSELAND BOARD MEMBER 1.80 X 0 0 0 LENOR SCHEFFLER BOARD MEMBER 1.80 X 0 0 0 SARA STENBERG BOARD MEMBER 1.80 X 0 0 0 WILLIAM WEILER BOARD MEMBER 1.80 X 0 0 0 MOLLY STEENSON PRESIDENT/CEO 45.00 X 0 0 0 BRUCE KARSTADT FORMER PRESIDENT/CEO 45.00 X 158236 0 36787 PEGGY KORSMO-KENNON COO 45.00 X 113205 0 18809 STEVEN ENGELKES CFO 45.00 X 99511 0 32373 CHRISTIANA STOLPESTAD DIRECTOR OF DEVELOPMENT 45.00 X 107663 0 33794 478615 0 121763 3 0 1 0 JE DUNN 800 WASHINGTON AVE NORTH SUITE 600 MINNEAPOLIS MN 55401 CONSTRUCTION 328341 HAMMEL GREEN AND ABRAHAMSON PO BOX 86 MINNEAPOLIS MN 55486 CONSTRUCTION ARCHITECTURE 314819 ALLIANT GROUP 100 S 5TH ST 19 MINNEAPOLIS MN 55402 CREDIT ASSISTANCE 126450 SUCCESS COMPUTER CONSULTING PO BOX 1575 MINNEAPOLIS MN 55480 COMPUTER TECHNICAL SUPPORT 108274 4 322637 209142 3877346 68018 4409125 CLASS AND PROGRAM 713990 585397 585397 ADMISSIONS AND TOURS 713990 237101 237101 CULINARY 722514 162937 112773 50164 SERVICES TO CONSULATE 541900 31725 31725 169050 169050 1186210 204250 204250 218029 0 218029 218029 218029 534976 522023 12953 12953 12953 1122392 515067 607325 552735 54590 6637892 1688781 322783 217203 15630 15630 475383 422562 52821 2320389 1628149 398138 294102 27494 15787 8171 3536 219501 137541 56787 25173 190359 102876 60475 27008 7489 7489 74029 929 73100 12178 12178 268248 256450 9853 1945 85917 40000 45747 170 363429 207160 112000 44269 141897 76938 33199 31760 256020 232155 21573 2292 86213 21425 52579 12209 213 213 1118863 1028454 85406 5003 89941 32437 57301 203 REPAIR & MAINTENANCE 148169 135383 11873 913 EXHIBIT EXP 143671 143671 0 0 DUES, LICENSES & SUBSCR 120986 99328 11290 10368 FOOD AND CATERING 96611 72686 19214 4711 86718 47257 2027 37434 6349348 4294469 1500962 553917 194968 186118 2972866 3788206 3757726 2028560 94583 67020 208365 265396 122760 89118 48257531 14314303 28487000 33943228 5195981 5378567 12639831 14580012 53674080 60326225 2381906 902584 253042 190592 1291129 6310012 3926077 7403188 X 29314073 30437896 20433930 22485141 49748003 52923037 53674080 60326225 X 288544 511721 2374769 X 0 1 X 1 0 X 2292717 6528569 3304660 21658836 4409125 38193907 2292717 6528569 3304660 21658836 4409125 38193907 23594814 14599093 171093 294810 250126 390789 422279 1529097 39723004 8366613 0.36750 0.34140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 4436351 509361 323915 4621797 5384383 -682815 265217 4436351 5126034 596078 337729 5384383 5109351 271897 255214 5126034 4842649 271402 4700 5109351 0.00000 0.82000 0.18000 0 0 6155000 6155000 40158379 12698394 27459985 1944152 1615909 328243 33943228 INTEREST IN CHARITABLE TRUST HELD BY OTHERS 14580012 14580012 X 10067271 511722 40000 2889836 3441558 6625713 12178 12178 6637891 6892237 40000 515067 555067 6337170 12178 12178 6349348 PART III, LINE 4: THE COLLECTIONS CONSIST OF SWEDISH ARTWORK, CRAFTS, TEXTILES, BOOKS, AND HISTORICAL MATERIALS USED TO EDUCATE THE PUBLIC ON SWEDISH CULTURE. PART V, LINE 4: ASI'S ENDOWMENTS CONSIST OF FUNDS ESTABLISHED TO PROVIDE FOR BUILDING AND GARDENS MAINTENANCE AND IMPROVEMENTS, SCHOLARSHIPS, AND SWEDISH EDUCATIONAL AND CULTURAL PROGRAMS, AS WELL AS FOR GENERAL OPERATIONS IN SUPPORT OF THE MISSION. PART X, LINE 2: ASI HAS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAXES. ACCORDINGLY, ASI IS ONLY SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY UNRELATED BUSINESS INCOME (UBI). ASI HAS NOT HAD ANY MATERIAL UBI ACTIVITIES. A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES ASI HAS NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 515,067. CHANGE IN VALUE OF BENEFICIAL INTEREST TRUST 2,374,769. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 515,067. X 0 0 0 0 0 0 0 0 0 BRUCE KARSTADT FORMER PRESIDENT/CEO 158236 0 0 0 0 0 25569 0 11218 0 195023 0 0 0 X 4 33728 FMV X STORE SHELVING 1 34290 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS REPORTED IN PART I, COLUMN B. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS ALLOWED TO MAKE DECISIONS ON BEHALF OF THE BOARD BUT MUST REPORT THEIR ACTIONS BACK TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 3 CULINAIRE, A FOOD AND BEVERAGE MANAGEMENT COMPANY, MANAGED ASI'S FOOD AND BEVERAGE AND SPACE RENTAL OPERATIONS. FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE CLASS OF MEMBERSHIP IN THE ORGANIZATION. THE MEMBERSHIP ELECTS BOARD MEMBERS AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A THERE IS ONLY ONE CLASS OF MEMBERSHIP IN THE ORGANIZATION. THE MEMBERSHIP ELECTS BOARD MEMBERS AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE 990 RETURN IS FIRST REVIEWED BY THE CFO AND THEN BY THE TREASURER. AFTER THE CFO AND TREASURER HAVE REVIEWED THE FORM 990 IS SENT TO THE ENTIRE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE FILLED OUT ANNUALLY. THEY ARE COLLECTED AND REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. CONFLICT OF INTEREST POLICIES HAVE BEEN IN PLACE FOR SEVERAL YEARS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED THROUGH DISCUSSION BY THE EXECUTIVE COMMITTEE. COMPENSATION WAS BASED ON COMPARABLE POSITIONS AND BUDGET REQUIREMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST OR BY WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST TRUST 2,374,769.