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Arts, Culture, Humanities : Museums

Nordic Heritage Museum

Share the Nordic Spirit!

three stars

82.32

2655 Northwest Market Street Seattle, WA 98107
tel: (206) 789-5707   Web Site
EIN: 91-1107537

Board Leadership
Thomas W. Malone
President

CEO
Eric Nelson
Chief Executive Officer

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 82.32 three stars
  Financial 80.01 three stars
  Accountability & Transparency 85.00 three stars
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

The Nordic Heritage Museum shares Nordic culture with people of all ages and backgrounds by exhibiting art and objects, preserving collections, providing educational and cultural experiences, and serving as a community gathering place. Since its founding in 1980, the Nordic Heritage Museum is the only museum in the United States to honor the legacy of immigrants from the five Nordic countries: Denmark, Finland, Iceland, Norway and Sweden.

The Nordic Heritage Museum shares Nordic culture with people of all ages and backgrounds by exhibiting art and objects, preserving collections, providing educational and cultural experiences, and serving as a community gathering place. Since its founding in 1980, the Nordic Heritage Museum is the only museum in the United States to honor the legacy of immigrants from the five Nordic countries: Denmark, Finland, Iceland, Norway and Sweden.

Impact Information

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Learn more about how we calculate the overall score and rating.

Financial

three stars

80.01

Accountability & Transparency

three stars

85.00

This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 58.3%
  Administrative Expenses 12.9%
  Fundraising Expenses 28.6%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 13.47
  Program Expenses Growth 43.6%
  Liabilities to Assets 14.1%
All data for Financial Performance Metrics calculations was provided by Nordic Heritage Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Nordic Heritage Museum on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Nordic Heritage Museum (WA) 82.32 three stars
Springfield Library and Museums Association (MA) 86.12 three stars
Studio Museum in Harlem (NY) 88.82 three stars
Museum of Danish America (IA) 86.64 three stars
American Swedish Institute (MN) 91.78 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $10,403,299
   Federated Campaigns $0
   Membership Dues $646,141
   Fundraising Events $156,688
   Related Organizations $0
   Government Grants $164,460
Total Contributions $11,370,588
   Program Service Revenue $1,701,432
Total Primary Revenue $13,072,020
   Other Revenue $301,723
TOTAL REVENUE $13,373,743
   
EXPENSES  
   Program Expenses $3,454,799
   Administrative Expenses $565,396
   Fundraising Expenses $1,135,927
TOTAL FUNCTIONAL EXPENSES $5,156,122
   
Payments to Affiliates $0
Excess (or Deficit) for the year $8,217,621
   
Net Assets $50,393,020

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Museum Events $2,487,456 72.0%
Museum Collections $967,343 28.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 04/01/2020 82.32 three stars
2017-12 04/01/2019 74.74 two stars
2016-12 05/01/2018 81.81 three stars
2015-12 05/01/2017 81.43 three stars
2014-12 06/01/2016 81.81 three stars
 
CN 2.0
2014-12 02/01/2016 85.57 three stars
2013-12 05/01/2015 85.82 three stars
2012-12 06/01/2014 77.88 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 91-1107537
Name in IRS Master File NORDIC HERITAGE MUSEUM FOUNDATION NORDIC HERITAGE MUSEUM
NTEE Code A51
NTEE Classification Art Museums
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (60) Museum, zoo, planetarium, etc.
(93) Cultural exchanges with foreign country
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 1980
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$256,200 4.96% Eric Nelson CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Nordic Heritage Museum (WA) 82.32 three stars
Heard Museum (AZ) 88.07 three stars
Japanese American National Museum (CA) 85.84 three stars
Springfield Library and Museums Association (MA) 86.12 three stars
Skirball Cultural Center (CA) 90.74 four stars

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Charity Contact Info

Nordic Heritage Museum
2655 Northwest Market Street
Seattle, WA 98107
tel: (206) 789-5707
EIN: 91-1107537

Visit Web Site

Board Leadership

Thomas W. Malone
President

CEO

Eric Nelson
Chief Executive Officer

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