INTERLOCHEN CENTER FOR THE ARTS
Income Statement
Fiscal Year Start:
Jun 1
Revenues in 2024
$65,975,420
Other
55%
Contributions
35%
Investments
9%
Program Services
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$26,892,062
Grants
39%
Salaries & Benefits
25%
Offices, Occupancy & IT
12%
Depreciation
9%
Fees to Service Providers
6%
Other
6%
Interest
3%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$18,944,201
$23,283,737
+23%
Government Grants
$267,979
$81,206
-70%
Fundraising Events
$0
$0
-
Program Services
$61,955,384
$328,347
-99%
Membership Dues
$0
$0
-
Investments
$6,574,598
$5,729,945
-13%
Other
$4,099,142
$36,552,185
+792%
Total Revenues
$91,841,304
$65,975,420
-28%
Expenses
2023
2024
Change
Grants
$21,076,658
$10,443,999
-50%
Benefits to Members
$0
$0
-
Salaries & Benefits
$39,655,825
$6,678,671
-83%
Fees to Service Providers
$3,652,013
$1,661,820
-54%
Advertising & Promotion
$1,298,715
$48,055
-96%
Offices, Occupancy & IT
$6,413,957
$3,151,986
-51%
Interest
$516,317
$893,799
+73%
Depreciation
$3,132,021
$2,501,083
-20%
Other
$7,705,220
$1,512,649
-80%
Total Expenses
$83,450,726
$26,892,062
-68%
Net income
2023
2024
Change
Net income
+$8,390,578
+$39,083,358
+366%
Functional Expenses
Summary
2023
2024
Change
Program
$71,859,501
$12,827,449
-82%
Admin
$8,370,338
$11,148,334
+33%
Fundraising
$3,220,887
$2,916,279
-9%
Total Expenses
$83,450,726
$26,892,062
-68%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)