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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Arts, Culture & Humanities The American Swedish Institute

The American Swedish Institute

Fiscal year ending 2023. Filed on March 1, 2024.

2600 Park Avenue
Minneapolis, Minnesota 55407

The American Swedish Institute (EIN: 41-0711603) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, The American Swedish Institute, a 501(c)(3) charitable organization, reported compensation for 5 out of 100 total employees. Among the employees shown here, the average compensation is $150,095. The highest compensated employee at The American Swedish Institute is Bruce Karstadt with fiscal year 2023 compensation of $195,023.

Revenue, expenses, and employee compensation

Revenue

$6,637,892

Expenses

$6,349,348

Employee compensation

$3,233,126
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bruce Karstadt
Former President and CEO
$195,023
$158,236 No related comp$36,787
Christiana Stolpestad
Development Director
$141,457
$107,663 No related comp$33,794
Peggy Korsmo-Kennon
Chief Operating Officer
$132,014
$113,205 No related comp$18,809
Steven Engelkes
Chief Financial Officer
$131,884
$99,511 No related comp$32,373
Molly Steenson
President and Chief Executive Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Aimee Richcreek Baxter
Board Member
Andrea Oseland
Board Member
Andreas Ornberg
Board Member
Barbara Glaser
Board Member
Brad Engdahl
Board Member
Brenda Butler
Board Member
Carline Bengtsson
Board Member
David Sorensen
Vice Chair
Dr John Litell
Board Member
Dr Margaret Adamek
Chair
Dr Mary Dee Hicks
Board Member
Elizabeth Olson
Treasurer

Contractors

Je Dunn
Construction
$328,341
Hammel Green & Abrahamson Inc.
Construction Architecture
$314,819
Alliant Group
Credit Assistance
$126,450
Success Computer Consulting
Computer Technical Support
$108,274

Mission Statement

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.

Revisions to this organization profile

March 1, 2024:
2023 The American Swedish Institute 990 filed
February 14, 2023:
2022 The American Swedish Institute 990 filed
April 26, 2022:
2021 The American Swedish Institute 990 filed

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