Your Dollars at Work
Revenue, net $3M
Expenses, net $3.2M
Philanthropy remains the primary source of revenue for the Schwartz Center. Our membership program, now in its second year of generating income, has grown to 19% of total net revenue.
During Fiscal Year 2015, 73% of all spending was directed to mission-specific programming. Fundraising and administrative costs represent the remainder. Philanthropy underwrote 83% of Schwartz Center membership expenses.
Our program investments for Fiscal Year 2015 resulted in a planned deficit of $240K, which was funded through capital campaign revenue and was significantly less than the planned deficit of $420K.