2019 Athenaeum Foundation Annual Report

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RENEWING TWENTIES 2019

annual report


GREETINGS, FRIENDS. 2019 has been one for the record books! Having finished my first full year with the Athenaeum Foundation, I’m absolutely awestruck by all the care and respect that staff, board members, and volunteers put into showcasing this cultural icon and the German heritage it nurtures and promotes. To list all the achievements of 2019 would turn this letter into a novel, so I’ll mention a few of my favorites. Movies and game nights and First Fridays, oh my! We added a BUNCH of new programs in 2019. Not only did the widely popular series Festive Films return, we added a fourth screening night. We also showed the ORIGINAL Star Wars trilogy, and introduced Spirits at the Athenaeum – an October line-up of classic, scary movies. These film screenings offer an opportunity for people to enjoy not just an inexpensive and fun night out, but also the chance to experience our gorgeous, historic theatre. It allows us to introduce people to the space who might not have glimpsed it before! It’s in that same vein we introduced Dice and Decks, our family-friendly board game night. Did you know Settlers of Catan was created by a German man who started designing board games in his basement as a hobby? This event is totally free, and gives people the chance to relax with family and friends in our

inviting first floor lobby. Continuing on the theme of showing off our beautiful building and bringing new friends in the doors, we started plans to reinvigorate our art gallery. We hope you will join us on First Fridays in the ArtSpace, on the second floor outside the Historic Basile Theatre. One of my favorite experiences from last year was the my first GermanFest, and the last in its original location. It was one of the most amazing experiences of my professional career – perfect weather, perfect crowd, and perfect little wiener dogs stealing people’s hearts as they sprinted for the title of Wiener Dog Race Champion! GermanFest and the dachshunds will be back this fall on a new date, in a new location – we’re taking this party to the streets on Saturday, October 3 when we shut down Michigan & New Jersey for the biggest celebration of German culture in the state! Obviously, the most important part of 2019 was YOU! It is your support and patronage that maintains our beloved National Landmark. Whether you joined us as a volunteer, donor, or guest, we appreciate the part you play in our story. Until we see you again, we hope that you and yours are safe and healthy, and invite you to visit our website at athenaeumfoundation.org for a list of upcoming events and to make a tax-deductible donation. We look forward to welcoming you back to Mass Ave and Das Deutsche Haus very soon! (Stay healthy, dear friends,)

Bleibt gesund, meine lieben, Craig Mince Athenaeum Foundation President


thank you for sharing 2019 with us at the a


2019 donors $50,000+ Allen Whitehill Clowes Charitable Foundation $10,000-$49,999 Wilhelm Bilgram Greg Henneke & Martha O’Connor $5,000-$9,999 Christel DeHaan Family Foundation Noyes Foundation Ryder Family Trust $2,500-$4,999 Bose McKinney & Evans $1,000-$2,499 Elaine & Eric Bedel Philip Burck Giles Hoyt Ruth Reichmann LAZ Parking National Bank of Indianapolis Penrose on Mass $500-$999 Frank & Katrina Basile Philip Burck Robert Burnside Terri Czajka Jane Feit William McNiece Dan Mock Larry Roan Nabeela Virjee Justin & Georgeanna Wade Steve Wagman and Karlalea Cody Brandt Construction DeFur Voran HJ Spier Structurepoint Samuel L Westerman Foundation The International Center

$100-$499 Kenneth Appel Trudy Banta Helga Behroozi Jeffrey Bennett Gudrun Staub Bennett Judy & Jon Birge Brad Boyd Jerrold Bridges Natalie Clayton Meghan DeMars-Kiger Ronald Fritz Claudia Grossman Eleonore M. Harle Thomas Haynes Matthew Hoffman Gary Hood Jon Igelman John & Mary Alice Kaiser Hannah Kennedy Michael O. Khalil June Krug Bill McNiece Ursula Nicola Ralph Nowak Astrid & David Reisinger Kent Robinson Lois Rust Carl & Andrea Sartorius PJ & Dick Schnute Richard Schnute Sven Schumacher John Seest James Sparks Coila M. Stevens Rod Taylor Mrs. Garrett Ulosevich Chrissy Vasquez William Waldschmidt Gisela J. Warren Philip Watts Margaret Winter Irish Mechanical Marigold Incorporated Mid America Elevator Company Nottingham Realty Group Tinker House Events $1-$99 Gladys Bennett Mary Ann Brookshire Kelly DeRolf James & Mary Divita Richard Allen Glanzman August & Anita Hardee

Robert Kendall Norbert Krapf Rosemarie Kuntz Susanne E. LaFollette Douglas Linsmith Bill & Melinda Marshall Seth Morrisroe Dean O’Hollaren Chris & Sarah Overpeck Heidi Poe Brian Senninger Diane South Carolyn Upshaw Diane Turner Vande Bosche Ronald Warner Eugene J. Warren Barbara Wynne IN-KIND Alt 103.3 Bit-by-Bit Networking Bose McKinney & Evans, LLP Carrie Hettle Chris Bucher Photographs Coat Check Coffee Hirons & Company Indianapolis Monthly Mark’s Vacuum and Janitorial Monarch Beverage NUVO Rathskeller Restaurant RNDC Sun King Brewery WTTS MEMORIALS Wilhelm “Bill” Bilgram Carl and Dorothy Burnside Robert Gernand Joseph & Theresa Hoffmann Bob Meyer Cyndy Nelson Henry C. Ryder Mr. & Mrs. Frederick Schuller Honorariums Revel Bennett Sallie Haueisen Eaglesfield Helen Glazer Sallie E. Gould Kathryn & Herbert H. Linsmith Craig Mince Eberhard Reichmann Addison S. Warren


FINANCIAL HIGHLIGHTS January 1, 2019 to December 31, 2019 (unaudited)

ASSETS

INCOME

• Cash & Equivalents: 103,803 • Grant Funded Acct: — • R eceivables and Other Current

• Rent from Tenants: 809,067 • Contribution Income: 113,086 • Grant/Donor Restricted

• Endowment Inv Acct: 108,545 • B uilding and Improvements:

• Events/Parking/Misc: 339,115

Assets: 43,788

9,092,327

• Land: 1,175,278 • Equipment: 714,629 • L ong-term Receivables: • Other Assets: 69,690

Income: 78,679

TOTAL: $1,339,947

EXPENSES —

Total: 11,308,060 Less Depreciation: 9,298,164 TOTAL: $2,009,896

• Salaries & Wages: 318,754 • Utilities: 235,527 • Insurance: 99,947 • R epairs/Maintenance: 171,739 • Interest: 30,728 • Other: 305,532 • T emporary Restricted Assets Release: 141,679

LIABILITIES

• Accounts Payable: 72,558 •O ther Current Liabilities:

TOTAL: $1,303,906

283,444

• Long-term Liabilities: 321,165 TOTAL: $677,167 NET ASSETS: $1,332,729 TOTAL: $2,009,896 LONG TERM DEBT: —

CHANGE IN NET ASSETS: $99,042 NET TEMP RESTRICTED ASSETS: $(63,000) EXCESS REVENUE: $36,042


Tenants

staff

Coat Check Coffee Flores Law Group 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 Marianne Isaacs, Controller David Johnson, Building & Facilities Manager Becky Malkemes, Events and Operations Manager erin marshall, Executive Assistant Craig Mince, President Justin Tyler, Assistant Building & Facilities Manager

board of directors Meghan DeMars-Kiger, Chair Natalie Clayton, Vice-Chair Stephen R. Wagman, Treasurer Nabeela Virjee, Secretary Brad Boyd Terri Czajka Greg Fehribach Gregory F. Hahn Thomas Haynes Greg Henneke

Giles R. Hoyt, Ph.D David Kingen Rich Rardin Larry Roan Heinz Roesch Aaron Schaler Bob Schultz Georgeanna Smith Wade Rodney Taylor Justin Wade


you are invited to the soirée Join us July 23, 2020 for a special tasting event with entertainment provided by the Indianapolis Jazz Orchestra. Tickets are $50 each, $90 for two, or $250 for six at athfound.org

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


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