5 years ago

Annual Report to Donors 2008 - Interlochen Center for the Arts

Annual Report to Donors 2008 - Interlochen Center for the Arts


Annual Report Fiscal Year 2008 Finances in Review The report of finances for fiscal year 2008 (June 1, 2007 – May 31, 2008), as developed by our external auditors, Plante & Moran, P.L.L.C., shows an extraordinary year for Interlochen Center for the Arts. Financially, this was the best overall year in the history of the institution. • Overall operating revenues of $29,978,000 set a record, thanks in large part to exceptional enrollments, with especially strong growth at Interlochen Arts Camp. • Total donations to Interlochen increased to a record $12.6 million, bringing our running five year average to $8.8 million. Annual fund contributions increased 39 percent, the result of new outreach efforts and a focus on leadership supporters. • Ticket sales produced the strongest net contribution in a decade, along with auxiliary services such as lodging, food purchases and gift shop sales. Online ticketing and gift sales continue to grow. Comprehensive financial reports may be found on pages 10 through 14 of this report. Complete audited financial statements are available online at or by calling our advancement office at 231.276.7623. In a time of economic uncertainty, Interlochen has just experienced the best year programmatically and financially in the history of the organization 3

Annual Report Programs, Partnerships and Collaborations Fiscal year 2008 was an important year for new initiatives and performance opportunities. These are essential in our efforts to create stronger partnerships across the country and around the globe, build greater cultural awareness, expand the interrelationship of the disciplines and increase diversity on our campus. Interlochen spent the year celebrating the role of the “artist as citizen” with a series of guest residencies by people who have used the arts as tools to create stronger communities and a better world. Those people included three Interlochen alumni: Victoria Clark (IAC 77), a Tony Award-winning actress and singer; Aaron Dworkin (IAA 86-88), founder of the Sphinx Organization and a McArthur Genius Grant recipient; and Janet Eilber (IAC 62-68, IAA 64-69), artistic director of the Martha Graham Dance Company; along with National Endowment for the Arts chairman Dana Gioia, author Barry Lopez, composer Samuel Adler and many others. Interlochen Arts Camp welcomed violin superstar Joshua Bell for a performance of Max Bruch’s Concerto No. 1 with the World Youth Symphony Orchestra. While he was on campus, Bell sat down with conductor Jung Ho Pak, Interlochen president Jeffrey Kimpton and NEA chair Dana Gioia for a roundtable discussion about the future of arts education. The panel discussion was recorded and broadcast on Interlochen Public Radio. In February, Interlochen Center for the Arts celebrated its 80th anniversary with a residency by the Martha Graham Dance Company, which was also celebrating its 80th anniversary season. Interlochen Arts Academy dance majors danced to the original Graham choreography of Norman Dello Joio’s Diversion of Angels , taught by Graham dancers and artistic director Janet Eilber. The Graham Company danced the entire ballet of Appalachian Spring by Aaron Copland, with Academy student and faculty musicians in the orchestra. In March, a chamber orchestra of Arts Academy students reprised the musical performance in New York’s Zankel Recital Hall at Carnegie Hall for the From the Top PBS television program. 4 Interlochen celebrated its 80th anniversary with a residency by the Martha Graham Dance Company

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