2011-09-15T10:52:44-05:00 2011-02-28 HLB TAUTGES REDPATH LTD 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2010-03-01 410711603 THE AMERICAN SWEDISH INSTITUTE AMER 6128714907 2600 PARK AVENUE MINNEAPOLIS MN 55407 BRUCE KARSTADT 6128714907 2011-09-07 1 THOMAS W HODNEFIELD CPA 6514267000 2011-09-07 2010 2016-03-07 17:11:31Z BRUCE KARSTADT 2600 PARK AVENUE MINNEAPOLIS MN 55407 10043222 0 X WWW.AMERICANSWEDISHINST.ORG X 1929 MN SEE SCHEDULE O 19 18 49 400 0 0 3727120 7549160 424798 414626 -17733 254275 239318 269151 4373503 8487212 27500 23140 0 0 1092166 1353036 7500 90000 584973 1490505 1466608 2617671 2932784 1755832 5554428 21918687 27725315 1036177 983820 20882510 26741495 X THE AMERICAN SWEDISH INSTITUTE SERVES AS A GATHERING PLACE FOR PEOPLE TO SHARE STORIES AND EXPERIENCES AROUND UNIVERSAL THEMES OF TRADITION, MIGRATION, CRAFT, AND THE ARTS, ALL INFORMED BY ENDURING TIES TO SWEDEN. 0 0 1350711 23140 414626 MUSEUM EXHIBITIONS CONSIST OF MAINTAINING OPEN HOURS FOR ASI'S EXHIBITIONS, INCLUDING THE ARCHITECTURALLY SIGNIFICANT TURNBLAD MANSION. THE INSTITUTE DEVELOPS, DESIGNS, AND INSTALLS EXHIBITIONS, BOTH PERMANENT AND TEMPORARY. VOLUNTEERS ARE RECRUITED AND TRAINED TO GREET VISITORS, MONITOR THE COLLECTIONS, AND LEAD TOURS. MEASURABLE ACCOMPLISHMENTS INCLUDE 28,800 MUSEUM VISITORS PER YEAR, 4 MAJOR EXHIBITS, AND 3 SECONDARY EXHIBITS.COLLECTIONS CARE AND CONSERVATION PROVIDE FOR CARE OF LARGE COLLECTIONS OF ARTWORK, TEXTILES, GLASS, WOODCARVINGS, AND BOOKS.MEMBERSHIP PROGRAMS AND SERVICES ATTRACT AND NURTURE MEMBERSHIP SUPPORT. ACCOMPLISHMENTS INCLUDE HAVING APPROXIMATELY 5,000 HOUSEHOLDS AS ACTIVE, PAID MEMBER UNITS, PUBLISHING AND DISTRIBUTING THE ASI'S NEWSLETTER, (ASI POSTEN), TO ALL MEMBER HOUSEHOLDS 5 TIMES PER YEAR, HOSTING REGULAR NEW MEMBER ORIENTATIONS, PROVIDING SUPPORT FOR AFFILIATED SWEDISH CULTURAL GROUPS, AND OFFERING REGULAR MEMBERSHIP EVENTS RELATED TO SWEDISH CULTURE.PROGRAMS FOR ADULTS AND YOUTH/FAMILY PROVIDE EDUCATIONAL CLASSES, WORKSHOPS, AND OTHER ACTIVITIES FOR BENEFIT OF MEMBERS AND THE GENERAL COMMUNITY. MEASURABLE ACCOMPLISHMENT INCLUDE SERVING 11,900 INDIVIDUALS THROUGH CLASSES, ASI FORUM LECTURES, EXHIBIT OPENINGS, SPECIAL EVENTS SUCH AS THE MIDSOMMAR FESTIVAL, LANGUAGE AND CRAFT CLASSES, SWEDISH CULTURAL ACTIVITIES, CULINARY PROGRAMS AND SPECIAL DINNERS. FAMILY AND YOUTH PROGRAMS SERVED 4,400 INDIVIDUALS THROUGH ON-SITE EDUCATIONAL PROGRAMS, LANGUAGE CLASSES, SWEDISH CULTURAL PROGRAMS, FAMILY CLASSES, YOUTH CRAFT CLASSES, AND OFF-SITE SCHOOL AND COMMUNITY EDUCATIONAL PROGRAMS. ANOTHER 1,100 PEOPLE WERE SERVED THROUGH OUR FACILITY RENTAL PROGRAM AND 2,600 INDIVIDUALS PARTICIPATED IN GROUP TOURS. ASI ACTIVE CLUBS, PERFORMING GROUPS AND SERVICE ORGANIZATIONS TOTAL MORE THAN 15,000 VISITS OR UNIQUE INTERACTIONS WITH OUR ORGANIZATION. THE TOTAL PUBLIC SERVED FOR THIS FISCAL YEAR IS 63,900. 343193 269151 BUSINESS ENTERPRISES INCLUDE THE COSTS OF OPERATING THE KAFFESTUGA AND THE MUSEUM SHOP FOR MEMBERS AND MUSEUM VISITORS. THE KAFFESTUGA IS A COFFEESHOP WHICH SERVES TRADITIONAL SWEDISH FOOD IN A TRADITIONAL SWEDISH DECOR. SWEDISH HOLIDAYS ARE CELEBRATED WITH THE APPROPRIATE FOOD. THE MUSEUM SHOP IS A GIFT SHOP OFFERING ITEMS OF TRADITIONAL AND MODERN SCANDINAVIA AND ITEMS RELATING TO THE MUSEUM AND EXHIBITS. BOTH THE KAFFESTUGA AND THE MUSEUM SHOP RELY HEAVILY ON VOLUNTEERS. 1693904 1 1 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 49 1 0 1 SW 0 0 0 1 1 0 0 0 0 X 19 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X BONNIE NELSON 6128714907 2600 PARK AVENUE MINNEAPOLIS MN 55407 STEVE CARLSON 1.80 X X 0 0 0 BARBARA BRUNZELL 1.80 X X 0 0 0 CHRISTINE ALBERTSSON 1.80 X X 0 0 0 CHARLIE NYSTROM 1.80 X X 0 0 0 BARBARA BURWELL 1.80 X 0 0 0 ELLEN ANN-KRISTIN DE VERDIER 1.80 X 0 0 0 CRAIG ENGWALL 1.80 X 0 0 0 AISHA FRISWOLD 1.80 X 0 0 0 TONY HOFSTEDE 1.80 X 0 0 0 JAMES JUSTUS 1.80 X 0 0 0 TRUETT LAWSON 1.80 X 0 0 0 INGRID MATTSSON 1.80 X 0 0 0 JAN LEDIN MICHALETZ 1.80 X 0 0 0 RANDY MONSON 1.80 X 0 0 0 LESLIE NELSON 1.80 X 0 0 0 THOMAS NELSON 1.80 X 0 0 0 GERALD SJOGREN 1.80 X 0 0 0 ROLAND THORSTENSSON 1.80 X 0 0 0 CHUCK LAWRENCE 1.80 X 0 0 0 BENGT SOHLEN 1.80 X 0 0 0 BRUCE LARSON 1.80 X 0 0 0 BOB STRANDQUIST 1.80 X 0 0 0 BRUCE KARSTADT 40.00 X 92210 0 8807 PEGGY KORSMO-KENNON 40.00 X 75680 0 9237 BONNIE NELSON 40.00 X 75816 0 6259 243706 0 24303 0 0 0 0 HGA 701 WASHINGTON AVE N MINNEAPOLIS MN 55401 ARCHITECTUAL 1056660 TEGRA 801 NICOLLET MALL 1850 MINNEAPOLIS MN 55402 REAL ESTATE CONSTRUCTION CONSULTING 145676 2 231650 7317510 10647 7549160 CLASS AND PROGRAM 900099 255722 255722 RENTAL 532000 83741 83741 ADMISSIONS 900099 75163 75163 414626 119710 119710 1401933 1267368 134565 134565 134565 557793 288642 269151 269151 8487212 683777 0 254275 23140 23140 276400 183834 92566 805938 573252 96651 136035 2534 1566 540 428 167486 99931 39757 27798 100678 53001 28372 19305 90000 90000 39447 39447 197914 161866 35323 725 59261 8031 51230 220619 88994 94091 37534 44700 22282 4671 17747 143609 126332 15018 2259 10401 5751 3845 805 31481 31481 261326 242511 15418 3397 CAMPAIGN EXPENSE 158299 5315 152984 FOOD AND CATERING 134220 131499 3205 -484 OTHER PROGRAM EXPENSE 83569 82822 747 REPAIRS AND MAINTAINENC 48860 45535 2725 600 LICENSE, FEES, DUES... 31088 26793 1768 2527 1814 598 1216 2932784 1693904 653907 584973 25622 30048 1132115 4179778 4373020 5705953 16171 20714 165383 193603 4922 4559 15516402 3784387 10720717 11732015 4376313 4753615 1104424 1105030 21918687 27725315 314554 318420 721623 665400 1036177 983820 X 11388164 12503459 6002853 10744153 3491493 3493883 20882510 26741495 21918687 27725315 X 5554428 304557 X 0 1 1 X 0 X 6858828 1974762 2430374 3727120 7549160 22540244 6858828 1974762 2430374 3727120 7549160 22540244 14373320 8166924 183631 213524 180752 134517 119710 832134 23372378 5115057 0.34940 0.48680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1081765 X X X X 0 3662058 2390 407360 17417 4054391 3032195 5825 624038 3662058 3963503 17840 -816448 14000 118700 3032195 1.00000 0 0 6155000 6155000 8685726 3148866 5536860 675676 635521 40155 11732015 8487212 2932784 5554428 268241 36316 304557 5858985 8752322 268241 36316 304557 8447765 39447 39447 8487212 2893337 0 2893337 39447 39447 2932784 PART III, LINE 4: THE COLLECTIONS CONSIST OF SWEDISH ARTWORK, CRAFTS, TEXTILES, BOOKS, AND HISTORICAL MATERIALS USED TO EDUCATE THE PUBLIC ON SWEDISH CULTURE. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INSTITUTE'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. DURING THE CURRENT YEAR, BEGINNING NET ASSET AMOUNTS WERE ADJUSTED BETWEEN CLASSIFICATION BUT NOT IN TOTAL. THE CHANGE WAS TO BE IN CONFORMITY WITH GAAP THAT REQUIRES UNRESTRICTED EARNINGS ON ENDOWMENTS TO BE CLASSIFIED AS TIME RESTRICTED UNTIL THEY HAVE BEEN APPROPRIATED FOR EXPENDITURE. THIS CHANGE INCREASED THE TOTAL AMOUNT CONSIDERED TO BE IN THE ENDOWMENTS BY $333,714. THE OPENING BALANCE OF TWO YEARS PRIOR HAS BEEN ADJUSTED TO REFLECT THIS CHANGE. PART XI, LINE 8 - OTHER ADJUSTMENTS: FOREIGN CURRENCY EXCHANGE GAIN 35,710. CHANGE IN INTEREST IN CHARITABLE REMAINDER TRUST 606. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAIN/LOSS DUE TO FOREIGN CURRENCY EXCHANGE 35,710. CHANGE IN INTEREST IN CHARITABLE REMAINDER TRUST 606. X X X X X X 1 CROWLEY WHITE HELMER INC 1619 DAYTON AVE STE 106 ST PAUL MN 55104 PROFESSIONAL CONSULTING 0 0 90000 -90000 90000 -90000 MN EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) GROSS RECEIPTS ATTRIBUTED TO PROFESSIONAL CONSULTING IS NOT DETERMINABLE. 1 CONDORDIA LANGUAGE VILLAGE VILLAGE 901 S 8TH STREET MOOREHEAD MN 56562 410693977 501(C)(3) 16840 SCHOLARSHIPS FOR YOUTH TO ATTEND SWEDISH LANGUAGE CLASSES 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE GIVEN FOR SUMMER LANGUAGE CAMP DIRECTLY TO THE CAMP AND A REPORT OF AMERICAN SWEDISH INSTITUTE MEMBER PARTICIPATION IS GIVEN TO THE INSTITUE. ORGANIZATION MISSION STATEMENT FORM 990, PART I, LINE 1 THE AMERICAN SWEDISH INSTITUTE, A MUSEUM AND CULTURAL CENTER OF DISTINGUISHED HISTORY AND INTERNATIONAL REPUTATION, EXISTS TO: *PRESERVE AND SHARE THE LANDMARK 1908 TURNBLAD MANSION; *CELEBRATE AND TEACH ABOUT SWEDEN AND SWEDISH-AMERICA; AND, *PROMOTE AND PRACTICE THE VALUES OF RESPECT FOR ALL PEOPLES AND THE ENVIRONMENT THAT ARE EXEMPLIFIED IN THE NORDIC COUNTRIES. 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 11 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 BY DISCUSSION BY 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 268,241. FOREIGN CURRENCY EXCHANGE GAIN 35,710. CHANGE IN INTEREST IN CHARITABLE REMAINDER TRUST 606. TOTAL TO FORM 990, PART XI, LINE 5: 304,557.