North Dakota · Nonprofit
Icelandic Roots
Icelandic Roots (North Dakota) receives grants from 4 organizations whose IRS filings report $50,604 to it, the largest being OLANDER FAMILY FOUNDATION INC ($22,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $149k
- Funders on record
- 4
- Grants received
- $51k
- Net assets
- $453k
What Icelandic Roots does
Mission
To educate, promote and preserve an interest and knowledge in the history of Iceland and its people.
As stated on its FY2024 Form 990-EZ.
Program
The team at Icelandic Roots continues to make a real mark within the Icelandic Community with our free services, scholarships, education, social media, outreach, and our member database of genealogical and historical information. It is very rewarding to be a part of such a wonderful organization and team of dedicated volunteers.Free services:* 4,800 people follow the IR Blog* 17,668 people like the public IR Facebook page and the reach is often over 68,000.* 300 people are on our IR Member Facebook Group* 338 followers on Pinterest with an average of 6,100 monthly views* 2,200 followers on Instagram* 582 subscribers to our YouTube channel. We added 36 new videos in 2024 to make a total now of 110 videos on our YouTube channel including our exclusive Members Only playlist with 63 videos.* 309 subscribers to our Event Calendar with 10,200 average views* 7,800 downloads on Podcast and published 15 podcasts in 2024.* We posted 105 informative blog posts in 2024.* A Public newsletter is sent out every other Sunday. A Membership newsletter is sent out at least every other Sunday and at other intervals with links to members-only educational seminars.We do extra research and translations…
$53,054 spentof which $25,027 as grants100% of program spending
The program described on its FY2024 Form 990-EZ. Program spending in total: $53,054.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $359k to $453k (+26%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
19% of Icelandic Roots’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $500 → $10k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Icelandic Roots’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Icelandic Roots leans on a few funders — its largest provides 43% of grant income and the top three 98%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2018 100% · 2020 44% · 2021 73% · 2022 49% · 2023 49% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
Icelandic Roots draws 100% of its grant income from funders outside North Dakota, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Icelandic Roots runs a healthier operating margin than three-quarters of the 17,936 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024
Organizations like Icelandic Roots
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Dakota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for Icelandic Roots: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Icelandic Roots?
- Icelandic Roots (North Dakota) receives grants from 4 organizations whose IRS filings report $50,604 to it, the largest being OLANDER FAMILY FOUNDATION INC ($22,000). 3 of them have funded it in more than one year.
- How many funders does Icelandic Roots have?
- IRS filings report 4 organizations giving $50,604 in grants to Icelandic Roots, 3 of which have funded it in more than one year.
- Who is the largest funder of Icelandic Roots?
- OLANDER FAMILY FOUNDATION INC is the largest funder on record, with $22,000 in grants. The full list of funders is on this page.
- How can an organization like Icelandic Roots find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Dakota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Icelandic Roots →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing