2019-02-12T16:46:15-06:00 2018-09-30 410975573 REDPATH AND COMPANY LTD 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2017-10-01 410711603 THE AMERICAN SWEDISH INSTITUTE AMER 6128714907 2600 PARK AVENUE MINNEAPOLIS MN 55407 BRUCE KARSTADT CEO/PRESIDENT 6128714907 2019-01-28 1 ASHLEY C REHN CPA P00965922 6514267000 2019-01-28 50.224.170.93 2019-01-28 09:34:12 CS P BFDFC22C2A427B3DA11E79102F9C8CEF98ED4593 6053AB89747971F429E7216E827E4805D41638C7 2017 2019-02-21 02:37:17Z BRUCE KARSTADT 2600 PARK AVENUE MINNEAPOLIS MN 55407 7149016 0 X WWW.ASIMN.ORG X 1929 MN THE AMERICAN SWEDISH INSTITUTE IS A LEADING MUSEUM AND CULTURAL CENTER OF INTERNATIONAL REPUTATION WHICH 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. 20 19 84 167 156830 -1963 2659418 3638004 846962 961874 293558 246734 645525 800260 4445463 5646872 15422 10250 0 0 1966366 2247256 0 0 388205 2276995 2608535 4258783 4866041 186680 780831 30681320 31678486 576380 695775 30104940 30982711 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 1704781 100 340955 EXHIBITIONS: ASI HOSTED 4 MAJOR EXHIBITS IN FY 2018 AND SIX 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 2018, APPROXIMATELY 190 INDIVIDUALS VOLUNTEERED ALMOST 13,000 HOURS WORKING THROUGHOUT THE ORGANIZATION.COLLECTIONS: ASI MAINTAINS MATERIAL COLLECTIONS AND LIBRARY AND ARCHIVE 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. 957808 10150 374133 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 PRESCHOOLERS 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. 672829 623035 CULTURAL ENTERPRISES INCLUDE THREE UNITS: THE MUSEUM STORE, FIKA CAFE AND SLATE AND 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 MUSEUM STORE SELLS TRADITIONAL AND MODERN NORDIC ITEMS RELATING TO 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 AN EXCLUSIVE GROUP EXPERIENCE HERE AT ASI. 3335418 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 37 0 1 84 1 1 1 1 SW 0 0 0 1 1 0 0 0 0 X 20 19 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X ERIK SORENSEN 6128714907 2600 PARK AVENUE MINNEAPOLIS MN 55407 ALEXANDER KALLEBO BOARD MEMBER 1.80 X 0 0 0 BARBARA GLASER CHAIR 1.80 X X 0 0 0 BETH LUNDQUIST JONES BOARD MEMBER (PART YEAR) 1.80 X 0 0 0 BRAD ENGDAHL VICE CHAIR 1.80 X X 0 0 0 DEAN ERICKSON BOARD MEMBER (PART YEAR) 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 HELEN BERGREN BOARD MEMBER & VICE CHAIR (PART YEAR) 1.80 X X 0 0 0 JOE HOGNANDER BOARD MEMBER 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 RODNEY ANDERSON BOARD MEMBER (PART YEAR) 1.80 X 0 0 0 RUSS MICHALETZ TREASURER 1.80 X X 0 0 0 TED JOHNSON SECRETARY 1.80 X X 0 0 0 TERRI CARLSON BOARD MEMBER 1.80 X 0 0 0 VERONIKA TORARP BOARD MEMBER (PART YEAR) 1.80 X 0 0 0 DR MARGARET ADAMEK BOARD MEMBER 1.80 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 BOARD MEMBER 1.80 X 0 0 0 BRUCE KARSTADT PRESIDENT/CEO 40.00 X 134182 0 30164 PEGGY KORSMO-KENNON COO 40.00 X 96576 0 11211 ERIK SORENSEN CFO 40.00 X 0 0 0 BONNIE NELSON CFO (PART YEAR) 40.00 X 90679 0 11643 321437 0 53018 1 0 1 0 WATSON-FORSBERG CO 6465 WAYZATA BLVD SUITE 110 MINNEAPOLIS MN 55426 CONSTRUCTION 145381 CULINAIRE 2600 PARK AVENUE SOUTH MINNEAPOLIS MN 55407 CATERING 101747 2 316175 4278 144425 3173126 14591 3638004 CLASS AND PROGRAM 900099 374133 374133 ADMISSIONS AND TOURS 900099 340955 340955 CULINARY 722210 177444 68119 109325 69342 69342 961874 162751 162751 267181 0 267181 267181 267181 1087748 1003765 83983 83983 83983 0 4278 0 0 1031458 498379 533079 485574 47505 5646872 1338123 156830 513915 2800 2800 7450 7450 391058 349103 41955 1370597 1008596 198029 163972 4233 2423 1315 495 340438 194910 105733 39795 140930 80686 43770 16474 578 578 23461 23461 55736 55736 379014 323869 54745 400 61836 61836 202731 94010 71417 37304 96823 50886 24363 21574 249400 219751 27951 1698 45926 24592 19160 2174 943564 867331 72012 4221 EXHIBIT EXP 179717 179717 REPAIR & MAINTENANCE 111679 101933 8827 919 FOOD AND CATERING 90832 79428 7015 4389 DUES, LICENSES & SUBSCR 70250 55048 6462 8740 96988 41988 10905 44095 4866041 3335418 1142418 388205 47289 137952 618783 1032083 131112 1754800 26432 33838 183618 205437 14974 37722 31551312 9406686 23070215 22144626 6588897 6332028 30681320 31678486 242324 362854 334056 332921 576380 695775 X 24554879 23713231 1752114 3471533 3797947 3797947 30104940 30982711 30681320 31678486 780831 96940 0 X 0 1 X 1 0 X 2010660 2506678 3631388 2659418 3678004 14486148 2010660 2506678 3631388 2659418 3678004 14486148 8516461 5969687 123413 116022 131773 147549 162751 681508 10964 10964 15178620 9042178 0.39330 0.41220 X X X X X 0 4746609 230040 134000 4842649 4553032 313362 119785 4746609 4391436 294711 133115 4553032 4538579 6857 154000 4391436 4352791 1083 304994 120289 4538579 0.78000 0.22000 0 0 6155000 6155000 23951113 8358610 15592503 1445199 1048076 397123 22144626 X 5728076 96940 40000 136940 5591136 55736 55736 5646872 4850305 40000 40000 4810305 55736 55736 4866041 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: 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. 1 RESEARCH/EDUCATION GRANT 8 7450 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 134182 0 0 0 0 0 19339 0 10825 0 164346 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.