Fiscal Year 2021 in Review:
SCHOLARSHIP SUPPORT
OPERATING BUDGET
$16,815,636 in financial assistance
1,419 Academy and Camp students
$35,041,776 Revenue $36,946,038 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.
TO
FUNDRAISING
Interlochen Annual Fund:
$4,195,054
Interlochen Public Radio Annual Fund:
$1,812,246
Endowment:
$1,787,004
Plant/Facilites:
$2,727,942
Special Projects (inc. Emerg. Resp. Fund):
$2,496,107
Total
$13,018,353
THE IMPACT OF YOUR SUPPORT
YOUR SUPPORT BY GIFT SOURCE
5.3% Government
$20,000,000
7.5% Corporations
3.2% Foundations (non-Family)
$15,000,000
$10,000,000
$5,000,000
$0
FY17
FY18
FY19
FY20
FY21
PLANT
ENDOWMENT SPECIAL PROJECTS (inc. Emerg. Resp. Fund)
IPR
ANNUAL FUND
84% Alumni, Parents, Friends, & Family Foundations
Net Tuition 69.9% $24,509,462
Salaries, Wages, & Benefits 72.4% $26,759,085 Depreciation 7.4% $2,751,315 General & Administrative 4.9% $1,795,066 Goods & Services 1.5% $541,306 Operations 13.8% $5,099,266
Endowment Income for Operations and Financial 9.0% $3,149,165
Revenue $35,041,776
Expenses $36,946,038
Earned Income (lodging, retail, sales, other) 4.0%
$1,375,849 Gifts 17.1% $6,007,300
13 2021 ANNUAL REPORT
WWW.INTERLOCHEN.ORG 13
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