We’re saying goodbye to the recession! It’s official, following two years of deficit spending in 2010 and 2011 then a breakeven situation in fiscal year 2012, Art With a Heart is delighted to announce a $29,000 surplus for the fiscal year 2013 (ended 5/31/13). Careful cash management and an immense commitment by our staff has generated an operating surplus for the first time since March 2009. “This is absolutely a team effort; everyone has found a way to help us get back on top” says Executive Director Andrew Lee, “we’re also grateful to our major supporters: Glick Fund, Indianapolis Foundation, Lilly Endowment, Nina Mason Pulliam Charitable Trust, Regions, Benesch, Endangered Species Chocolate and Mark Hill for their trust and support as we’ve recovered.” With growth in earned income, event revenue and grants helping AWaH out of the recession, the organization is turning its focus to private contributions now that economic growth is becoming tangible, and hopes to make gains there in the short to medium term.
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