Olsen carries on the rich tradition of New Ulm old-time music that Wendinger admits is fading some.
"There used to be 28 old-time bands booking out of New Ulm. We're down to probably 10 booking now," she said. "All of the ballrooms are gone, our entertainment spectrum has widened so much."
The Hall of Fame picks about six inductees each year, working off of a list of up to 300 names submitted from across the state.
Wendinger said the group is funded through memberships and from money from musicians who left money to the group in their wills.
Previous Minnesota Music Hall of Fame inductees include Prince, Bob Dylan, Bobby Vee, The Trashmen and Judy Garland.
The Hall of Fame museum is located at First North Street and Broadway in New Ulm and is open from 10 a.m. to 2 p.m. Wednesdays through Saturdays. Admission is $5.