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Filing year 2024

VESTERHEIM NORWEGIAN-AMERICAN MUSEUM

Decorah, Iowa·EIN 42-6081638·NTEE A500 · Arts, Culture & Humanities·3
Total revenue
$4.7M
Total assets
$30.7M
Total expenses
$4.3M
Reported officers
27
Mission

BUILDING COMMUNITY AND CREATING EXPERIENCES INSPIRED BY NORWEGIAN-AMERICAN STORIES AND FOLK ART.THE MUSEUM IS A NATIONAL TREASURE THAT EXPLORES THE DIVERSITY OF AMERICAN IMMIGRATION THROUGH THE LENS OF NORWEGIAN-AMERICAN EXPERIENCE, SHOWCASES THE BEST IN HISTORIC AND CONTEMPORARY NORWEGIAN FOLK AND FINE ARTS, AND PRESERVES LIVING TRADITIONS THROUGH CLASSES IN NORWEGIAN CULTURE AND FOLK ART, INCLUDING ROSEMALING (DECORATIVE PAINTING), WOODWORKING, KNIFEMAKING, TRADITIONAL FOOD WAYS, AND TEXTILE ARTS.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

$141k
$152k
$115k
$124k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 25 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Up 4%
from 2023

From $136k in 2023 to $141k in 2024.

$136k
2023
$141k
2024
In today's dollarsEst.
Up 1% in real terms$151k to $152k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

VESTERHEIM NORWEGIAN-AMERICAN MUSEUM reported revenue and expenses across 2 filing years.

RevenueExpenses
$5M
$3.8M
2023
$4.7M
$4.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn

Comparable arts, culture & humanities organizations nationwide pay their highest-earning executive a median of $58,598.

25th percentile
$24k
Median
$58,598
75th percentile
$111k
90th percentile
$215k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 4,819 organizations across 4,819 filings (2021 – 2023).

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