2020-07-09T14:46:43-05:00 2019-09-30 410975573 REDPATH AND COMPANY LTD 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2018-10-01 410711603 THE AMERICAN SWEDISH INSTITUTE AMER 6128714907 2600 PARK AVENUE MINNEAPOLIS MN 55407 BRUCE KARSTADT CEO/PRESIDENT 6128714907 2020-05-13 1 ASHLEY C REHN CPA P00965922 6514267000 2020-05-13 184.169.125.48 2020-05-13 11:21:54 CD P C4926D5FBB7B593E79FEA72CE0C0305E7ABF5185 2526CF11FCE36C70B9C4A7B60C5D341AC13920A8 2018 2020-09-23 17:36:50Z BRUCE KARSTADT 2600 PARK AVENUE MINNEAPOLIS MN 55407 6713338 0 X WWW.ASIMN.ORG X 1929 MN THE AMERICAN SWEDISH INSTITUTE IS A MUSEUM AND CULTURAL CENTER OF INTERNATIONAL REPUTATION THAT INVITES ALL PEOPLE TO GATHER TO CONNECT THEIR PASTS TO THEIR SHARED FUTURE, TO UNDERSTAND THEIR HERITAGE IN RELATION TO OTHERS, AND TO DISCOVER THEIR ROLE AS NEIGHBORS AND GLOBAL CITIZENS. VIBRANT, ONGOING TIES TO SWEDEN ILLUMINATES AND INSPIRES ALL THESE ENDEAVORS. 19 19 111 172 147985 0 3638004 2292717 961874 1204527 246734 296792 800260 898605 5646872 4692641 10250 10498 0 0 2247256 2417574 0 0 364609 2608535 3002974 4866041 5431046 780831 -738405 31678486 31303709 695775 944443 30982711 30359266 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 2029424 496297 EXHIBITIONS: ASI HOSTED 3 MAJOR EXHIBITS IN FY2019 AND 8 SMALLER, SHORT-TERM OR OFF-SITE EXHIBITS. 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 ARTIST 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 CHRISTMAS DISPLAYS REPRESENTING DISPLAYS FOR THE FIVE NORDIC COUNTRIES.VISITOR AND VOLUNTEER SERVICES: VISITOR SERVICES STAFF SCHEDULE GROUP TOURS OF THE MANSION, AND HANDLE THE RECEPTION, REGISTRATION AND ADMISSION FUNCTIONS FOR ASI. VOLUNTEERS ASSIST IN EVERY ASPECT OF ASI OPERATIONS. IN FY 2019, APPROXIMATELY 190 INDIVIDUALS VOLUNTEERED APPROXIMATELY 13,898 HOURS WORKING 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. 1008847 10498 530994 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.ADULT PROGRAMS INCLUDE SWEDISH AND FINNISH LANGUAGE CLASSES; CRAFT, FOODWAYS, FOLK ART, AND CULTURE WORKSHOPS; AS WELL AS LECTURES, TOURS, EXHIBIT OPENINGS, CONCERTS AND SPECIAL EVENTS. YOUTH AND FAMILY PROGRAMS OFFER ACTIVITIES FOR PRE-SCHOOLERS THROUGH COLLEGE STUDENTS. PROGRAMS INCLUDE SVENSKA SKOLAN SWEDISH LANGUAGE CLASSES FOR CHILDREN, 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 716653 621891 CULTURAL ENTERPRISES INCLUDE THREE UNITS: THE MUSEUM STORE, FOOD SERVICE AT FIKA CAF AND SLATE&STONE CATERING, AND FACILITY RENTALS. THE MUSEUM STORE AND FIKA CAFE ARE LOCATED IN THE NELSON CULTURAL CENTER AND ARE MUSEUM ENHANCING VISITOR AMENITIES. THE STORE SELLS TRADITIONAL AND MODERN NORDIC ITEMS RELATING TO THE MISSION OF ASI AND THE 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. 3754924 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 46 0 1 111 1 1 1 1 SW 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X LORI DOEHNE 6128714907 2600 PARK AVENUE MINNEAPOLIS MN 55407 ALEXANDER KALLEBO BOARD MEMBER (PART YEAR) 1.80 X 0 0 0 BARBARA GLASER CHAIR 1.80 X X 0 0 0 BRAD ENGDAHL VICE CHAIR 1.80 X X 0 0 0 DIANE HOFSTEDE BOARD MEMBER 1.80 X 0 0 0 DR DAVID CARLSON BOARD MEMBER 1.80 X 0 0 0 DR PHILIP ANDERSON BOARD MEMBER 1.80 X 0 0 0 JOE HOGNANDER BOARD MEMBER(PART YEAR) 1.80 X 0 0 0 KARL BENSON BOARD MEMBER 1.80 X 0 0 0 LAURIE HOLMQUIST BOARD MEMBER 1.80 X 0 0 0 LAURIE JOCOBI BOARD MEMBER 1.80 X 0 0 0 LINDA WALLENBERG BOARD MEMBER 1.80 X 0 0 0 MICHAEL BJORNBERG BOARD MEMBER 1.80 X 0 0 0 RUSS MICHALETZ BOARD MEMBER 1.80 X 0 0 0 TED JOHNSON BOARD MEMBER 1.80 X 0 0 0 TERRI CARLSON BOARD MEMBER (PART YEAR) 1.80 X 0 0 0 DR MARGARET ADAMEK SECRETARY 1.80 X X 0 0 0 AIMEE RICHCREEK BAXTER BOARD MEMBER 1.80 X 0 0 0 MARY DEE HICKS BOARD MEMBER 1.80 X 0 0 0 DR JOHN LITELL BOARD MEMBER 1.80 X 0 0 0 ELIZABETH OLSON TREASURER 1.80 X X 0 0 0 BRENDA BUTLER BOARD MEMBER 1.80 X 0 0 0 MOHAMUD MUMIN BOARD MEMBER 1.80 X 0 0 0 ANDREAS ORNBERG BOARD MEMBER 1.80 X 0 0 0 WILLIAM WEILER BOARD MEMBER 1.80 X 0 0 0 BRUCE KARSTADT PRESIDENT/CEO 45.00 X 134750 0 31070 PEGGY KORSMO-KENNON COO 45.00 X 96979 0 12930 LORI DOEHNE CFO 45.00 X 39807 0 8016 ERIK SORENSON CFO 45.00 X 42939 0 9730 314475 0 61746 1 0 1 0 LOCAL PROJECTS 123 WILLIAM STREET SUITE 801 NEW YORK NY 10038 INTERPRETIVE CONCEPT DESIGN 211601 JOEL PIPER FINE ARTS 2643 MONROE STREET NE MINNEAPOLIS MN 55418 EXHIBIT INSTALL AND TEARDOWN 135448 2 332429 143567 1816721 4871 2292717 CLASS AND PROGRAM 900099 519670 519670 ADMISSIONS AND TOURS 900099 462997 462997 CULINARY 722210 177236 66707 110529 SERVICES TO CONSULATE 900099 33300 33300 11324 11324 1204527 171093 171093 305965 0 305965 305965 305965 1577562 1451863 125699 125699 125699 1161474 568834 592640 555184 37456 4692641 1649182 147985 602757 10498 10498 381540 339434 42106 1521570 1089742 263554 168274 16228 9292 5142 1794 348478 199542 110413 38523 149758 85753 47450 16555 2296 2296 52730 52730 458134 328458 123848 5828 49624 6 49618 308725 168916 97160 42649 93078 50593 22011 20474 249420 221317 28903 -800 56062 33990 19009 3063 954148 878070 71799 4279 EXHIBIT EXP 283366 236730 46636 REPAIR & MAINTENANCE 118366 108390 9101 875 FOOD AND CATERING 95438 76343 12518 6577 DUES, LICENSES & SUBSCR 89500 71659 7220 10621 192087 185625 2671 3791 5431046 3754924 1311513 364609 137952 210908 1032083 1965325 1754800 1048698 33838 45448 205437 192266 37722 36562 32205695 10360833 22144626 21844862 6332028 5959640 31678486 31303709 362854 555691 332921 388752 695775 944443 X 23713231 23518519 3471533 3042800 3797947 3797947 30982711 30359266 31678486 31303709 -738405 114960 0 X 0 1 X 1 0 X 2506678 3631388 2659418 3678004 2292717 14768205 2506678 3631388 2659418 3678004 2292717 14768205 7794275 6973930 116022 131773 147549 162751 171093 729188 10964 10964 15508357 8982838 0.44970 0.39330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 4842649 271402 4700 5109351 4746609 230040 134000 4842649 4553032 313362 119785 4746609 4391436 294711 133115 4553032 4538579 6857 154000 4391436 0.74000 0.26000 0 0 6155000 6155000 24505748 9196110 15309638 1544947 1164723 380224 21844862 X 5416955 114960 93250 568834 777044 4639911 52730 52730 4692641 6040400 93250 568834 662084 5378316 52730 52730 5431046 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 568,834. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 568,834. 1 RESEARCH/EDUCATION GRANT 12 10498 PART I, LINE 2: MAJOR AWARD RECIPIENTS ARE REQUIRED TO SUBMIT A FINAL REPORT TO THE AMERICAN SWEDISH INSTITUTE, AS WELL AS ANY PUBLISHED OR PRESENTED WORK RESULTING FOR THE STUDY WITHIN 6 MONTHS OF THE TERM OF THE GRANT. X 0 0 0 0 0 0 0 0 0 BRUCE KARSTADT PRESIDENT/CEO 134750 0 0 0 0 0 19332 0 11738 0 165820 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 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 ASI MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST OR BY WEBSITE.