2018 Athenaeum Foundation Annual Report

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GUTEN TAG, DEAR FRIENDS! The last three months, my first, have been a whirlwind

of learning, growing, adjusting, and having to resist the temptation to eat all the sauerkraut at the Rathskeller. I am happy to say, having one of the city’s best YMCAs in our building has helped keep the waistline from expanding. 2018 was an absolutely amazing year of achievement for the Athenaeum. It saw the opening of our green space, the Pocket Park, along the west side of the building and the soundproofing of our century-old theatre, allowing organizations like Young Actors Theatre and Kids Dance Outreach the opportunity to offer additional evening programming all while the Biergarten offers polka music well into the night. We hosted our 10th Germanfest! Many steins of beer were hoisted that day while the wiener dogs ran their little hearts out. One of the most momentous accomplishments from last year was the addition of the Das Deutsche Haus plaque above the main doors of the building – reminding us that although the past cannot be rewritten, we should take pride in who we are and where we come from. If you thought 2018 was a great year, wait until you see what we have in store for 2019! We’re adding a Public Collection art installation to our Pocket Park, which will be a beautiful structure providing literature curated by the Indianapolis Public Library, cleaning and preserving the front face of our National Landmark, and kicking off projects to make the Biergarten more accessible for ALL patrons. Obviously, we can’t do anything without the support of you, our community. So whether you are looking for your next night out, one of the city’s best cups of coffee, or that place to focus on a sound mind and body, make sure to visit us here at the historic Athenaeum. Prost,

Craig Mince Athenaeum Foundation President

FINANCIAL HIGHLIGHTS January 1, 2018 to December 31, 2018 (unaudited)


• Cash & Equivalents: 118,763 • Grant Funded Acct: — • R eceivables and Other Current



• •

TOTAL: $1,951,718


• Accounts Payable: 50,196 •O ther Current Liabilities: 276,651

• Long-term Liabilities: 358,898

• Rent from Tenants: 767,827 • Contribution Income: 109,279 •G rant/Donor Restricted •

Income: 297,708 E vents/Parking/Misc: 357,943

TOTAL: $1,532,757


• Salaries & Wages: 335,671 • Utilities: 256,699 • Insurance: 92,511 • R epairs/Maintenance: 184,263 • Interest: 36,914 • Other: 251,254 • T emporary Restricted Assets Release: 490,558

TOTAL: $685,745

TOTAL: $1,647,870

NET ASSETS: $1,265,973


TOTAL: $1,951,718



EXCESS REVENUE: $(115,113)


Total: 11,216,078 Less Depreciation: 9,264,360



• • • •

Assets: 91,563 Endowment Inv Acct: 99,568 B uilding and Improvements: 8,946,587 Land: 1,175,278 Equipment: 714,629 L ong-term Receivables: — Other Assets: 69,690

DANKESCHÖN TO OUR 2018 DONORS $50,000 and Above Donors Allen Whitehill Clowes Charitable Foundation, Inc.

$10,000 - $49,999 Donors Frenzel Family Charitable Lead Trust Gregory L. Henneke and Martha O’Connor

$5,000 - $9,999 Donors Central Indiana Community Foundation

$2,500 - $4,999 Donors Bottleworks District Christel DeHaan Family Foundation Adam Greene Griffith Family Foundation Sue Morter National Bank of Indianapolis Pamela G. Rosenberg

$1,000 - $2,499 Donors Trudy W. Banta Eric & Elaine Bedel Kenan Farrell Giles & Dolores Hoyt Indiana German Heritage Society Lilly Matching Gifts Program Ruth Reichmann Larry Roan Richard M. Van Frank Stephen Wagman and Karlalea Cody Charles Yeager

$500 - $999 Donors American Structurepoint Philip Burck Susanne Clark Terri Czajka The International Center Newpoint Services Samuel L. Westerman Foundation

$100 - $499 Donors Kenneth Appel Gudrun Bennett John & Julia Birge Diane Vande Bosche Brad & Norma Boyd John Bragg Jerrold Bridges

Linda Zeigler & Mary Ann Brookshire Frederick & Mary Ellen Burgomaster Natalie Clayton J. Robert Cutter Dick & Carole Darst Dr. Weber Donaldson Dorothy Schulz Englehart Ronald Fritz James & Janice Funk Marcia & Bruce Gascho Dr. Claudia Grossman Gregory Hahn Eleonore Harle Daniel L. Haynes Thomas Haynes Dr. Jon Igelmann Marianne & Keith Isaacs J. Scott Keller Michael Khalil David Kingen June Krug Rosemarie Kuntz Deb Lawrence Rosalind McCart MidAmerica Elevator Co. Susan Niermeyer Ralph George Nowak Rich Rardin Astrid & David Reisinger Heinz & Karen Roesch Aaron Schaler Ralph George Schilling Richard W. Schnute John Seest Abby Seifers James Sparks Patty Surenkamp Nabeela Virjee Nonie & David Vonnegut-Gabovitch Justin Wade William E. Waldschmidt

$1 - $99 Donors Magnolia Bridgewater Victor Childers Peter Diezel Greg Fehribach Jonathan Gonzalez Brian Griesemer Rosemarie Neimeyer Hansell Thomas Harton

John W. & Darleen Himmelheber Markus Hoehn Jill Hoffman Ruth Huitema Eugenia Jecmen Harold & Sharon Kennedy John & Judith Koehler Norbert & Katherine Krapf Joseph & Debra Kriese Dr. Barbara Matakevich Mary Ellen May Karen Muir Karin & Dale Ogden Lev Rothenberg James & Janice Seidensticker Amelia M. Smith Gail & Anthony Strong Jose Tord Carolyn Upshaw Pat Van Valer Barbara J. Vargo Timothy Yarling

In-Kind Alt 103.3 Bit-by-Bit Networking Bose McKinney & Evans, LLP Chris Bucher Photographs Hirons & Company Indianapolis Monthly Mark’s Vacuum and Janitorial Monarch Beverage NUVO Rathskeller Restaurant Sun King Brewery WTTS

Memorials Geraldine Arnold Wilhelm Bilgram Ted Englehart Ruth Kunz Kay Sandstrom Mary Y. Schnute

Honorariums Cassie Stockamp

TENANTS Coat Check Coffee Indiana German Heritage Society Indiana Performing Arts Center KLF Legal LEVO Massage Therapy Max Kade German American Center Monroe Legal The New Harmony Project Rathskeller Young Actors Theatre YMCA

STAFF Craig Mince, President David Johnson, Building & Facilities Manager Becky Malkemes, Operations & Events Manager Marianne Isaacs, Controller erin marshall, Executive Assistant




2018: 350,168 2017: 277,367 2016: 222,231 2015: 203,786








Greg Henneke, Chair Meghan DeMars-Kiger, Vice-Chair Stephen R. Wagman, Treasurer Nabeela Virjee, Secretary Brad Boyd Natalie Clayton Terri Czajka Greg Fehribach Gregory F. Hahn Thomas Haynes Giles R. Hoyt, Ph.D David Kingen Rich Rardin Larry Roan Heinz Roesch Aaron Schaler Georgeanna Smith Wade Rodney Taylor Justin Wade

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ATHENAEUM FOUNDATION 401 E. Michigan St. Indianapolis, IN 46204 317-655-2755 athenaeumfoundation.org

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