Interlochen Center for the Arts 2022 Annual Report

Fiscal Year 2022 in Review:

FUNDRAISING

OPERATING BUDGET

$44,906,763 Revenue $45,059,870 Expenses Comprehensive financial reports may be requested by calling our Philanthropy Office at 231.276.7623. Complete audited financial statements are available online at www.interlochen.org/support.

Interlochen Annual Fund:

$5,049,602

Interlochen Public Radio Annual Fund:

$1,689,066

Endowment:

$42,362,628

Special Projects (inc. Emerg. Resp. Fund):

$1,546,605

Other:

$10,572,437

TOTAL

$61,220,338

SCHOLARSHIP SUPPORT

$17,995,521 in financial assistance

1,367 Academy and Camp students

TO

THE IMPACT OF YOUR SUPPORT

YOUR SUPPORT BY GIFT SOURCE

$50,000,000

25.3% Government

$40,000,000

$30,000,000

$20,000,000

6.9% Corporations

$10,000,000

1.9% Foundations (non-Family)

$0

IPR

ANNUAL FUND SPECIAL PROJECTS (non-capital)

ENDOWMENT OTHER

65.9% Alumni, Parents, Friends, & Family Foundations

Net Tuition 68.2% $30,615,445 Gifts 14.2% $6,362,495 Ticket Sales 3.0% $1,333,956

Salaries, Wages, & Benets 69.1% $31,128,894 Operations 16.3% $7,353,665 Goods & Services 2.4% $1,078,091 General & Administration 5.7% $2,553,413 Depreciation 6.5% $2,945,807

Revenue $44,906,763

Expenses $45,059,870

Earned Income (lodging, retail, sales, other) 7.4% $3,308,983

Endowment Income for Operations and Financial Aid 7.2% $3,276,554

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