48
Vesterheim Norwegian American Museum
Arts & Culture · Decorah, Iowa
Po Box 379, Decorah, IA 52101-0379
EIN: 426081638· Founded: Apr 1965· 61 years active· Filing Year: 2023
Annual Revenue
$5.0M
Total Expenses
$3.8M
Total Assets
$31.0M
Program Spending
26%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$202K
5.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.4M
Total Payroll
$1.6M
42% of total expenses
Where the Money Goes
26%
Programs: 26%
Payroll: 42%
Other overhead: 74%
Program Revenue$998K (20%)
Total Expenses$3.8M (76%)
Payroll$1.6M (42%)
Overhead (non-program)74%
Trust Score Breakdown
Program Spending Ratio
26% of expenses go to programs
Revenue & Stability
$5.0M annual revenue
Executive Compensation
$202K total officer comp (5.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$31.0M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.