Arts, Culture & Humanities
(A230)
IRS Verified
DX Registered
990 on File
SWEDISH CULTURAL CENTER INC
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
80/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To promote better understanding between Nordic countries with emphasis on Sweden, and to perpetuate Nordic culture and traditions through the teaching observances, practices, and celebration of this culture and its tradition.
Financial Overview — FY 2024
$825K
Total Revenue
$929K
Total Expenses
$4.7M
Net Assets
47
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
66.9%
Fundraising Efficiency
0.0%
Operating Reserve
60.07x
Liability-to-Asset
35.0%
Revenue Diversification
113.5%
Executive Compensation
$175K
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
66.9% | 82.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
33.1% | 14.1% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 28.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
60.1 mo | 9.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
35.0% | 1.8% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
113.5% | 79.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-5.4% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.5% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-12.6% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $825K | $929K | $4.7M | 66.9% | 47 |
| 2023 | $872K | $898K | $4.5M | 10.1% | 49 |
| 2022 | $418K | $742K | $4.8M | 11.2% | 39 |
| 2021 | $3.1M | $928K | N/A | — | 38 |
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