Fiscal Year 2020 in Review:
SCHOLARSHIP SUPPORT
OPERATING BUDGET
$18,622,090 in financial assistance
TO OVER 1,419 Academy and Camp students
$48,009,808 Revenue $47,504,390 Expenses Comprehensive financial reports may be requested by calling our Advancement Office at 231.276.7623. Complete audited financial statements are available online at www.interlochen.org/support.
FUNDRAISING
Interlochen Annual Fund:
$3,872,254
Interlochen Public Radio Annual Fund:
$1,680,276
Endowment:
$2,364,470
Plant/Facilites:
$6,673,075
Special Projects (non-capital):
$1,069,176
Total
$15,659,251
THE IMPACT OF YOUR SUPPORT $20,000,000
YOUR SUPPORT BY GIFT SOURCE
3% Government
$15,000,000
6% Corporations
$10,000,000
30% Foundations (non-Family)
$5,000,000
$0
FY20
FY16
FY17
FY18
FY19
PLANT
ENDOWMENT SPECIAL PROJECTS (non-capital)
IPR
ANNUAL FUND
61% Alumni, Parents, Friends, & Family Foundations
Net Tuition 67% $32,167,512
Salaries, Wages, & Benefits 68% $32,316,123
Gifts 12% $5,552,530
Operations 14% $6,878,604
Expenses $47,504,390
Revenue $48,009,808
Ticket Sales 7% $3,225,278
Cost of Goods & Services 7% $3,321,961 General & Administrative 6% $2,662,951
Earned Income (Lodging, retail, sales, other) 8% $4,075,631
Depreciation 5% $2,324,751
Endowment Income for Operations and Financial 6% $2,988,857
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