IBJNews

Indiana State Museum hopes for new start

Back to TopCommentsE-mailPrintBookmark and Share

The Indiana State Museum starts a new fiscal year Friday with a different governance structure and a $1.1 million surplus.

A new state law created the Indiana State Museum Board, which will merge operations of the museum and 11 historic sites around the state with the existing private Indiana State Museum Foundation.

CEO Tom King pushed for the new, quasi-governmental structure as a way to address high turnover in the CEO's office and a lack of fundraising, which has plagued the museum as state funding continues to decline.

The museum's 128 employees will retain state-employee benefits, but they will no longer be on the payroll of the Department of Natural Resources. The new board will have 13 members appointed by the governor and 12 appointed by the board. Bill Browne, founder of Indianapolis-based Ratio Architects Inc., will remain as board chairman.

Most of the financial surplus, about $600,000, comes from last holiday season's Titanic exhibit, which was a late addition to the museum's exhibition schedule, but drew large crowds.

"Even if most of it was due to luck, you feel like you're making progress," King said.

Most of the money will be spent paying down previous deficits, about $500,000 in 2009 and $100,000 last year, King said. The remainder will go toward a new exhibit-acquisition fund. That way, the museum can take advantage of opportunities like the Titanic exhibit as they arise, he said.

Gov. Mitch Daniels recruited King, a former president of the Eli Lilly and Co. Foundation, out of semi-retirement in January 2010 to lead a turnaround. Barry Dressel, the museum's fifth CEO since 2000, resigned abruptly in October of 2009.

King, who is no longer considered interim, said he'll stay in the post at least through the 2012 Super Bowl. "I'd like to leave here with at least a $5 million surplus," he said.

The museum has no endowment, and state funding continues to decline. In the fiscal year just ended, the state provided $8.2 million for the museum and historic sites, while the foundation earned about $3 million.

In the new fiscal year, King said state funding is about $7.6 million.

King expects to take in $1.5 million to $2 million through museum admissions, events and other "earned" revenue and another $1.5 million to $2 million in gifts and grants.

This year's exhibition schedule includes "The Endurance: Shackleton's Legendary Antarctic Expedition," which opens in October, and "Amazing Maize: The Science, History and Culture of Corn," opening in September. Shackleton is a traveling show, while museum staff created Amazing Maize.

Much of the museum's broad collection is in natural history, and that work continues. King said the museum is trying to acquire land in Posey County around the "Mann" site, a rich source of American Indian artifacts from the Hopewell era.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Now if he'd just stay there...

  2. Daniel - what about the many US citizens who do NOT follow what the Bible teaches? The Hindus, Jews, Muslims and others who are all American citizens entitled to all rights as Americans?? This issue has NOTHING to do with "What the Bible says..." Keep all Churches separate from State! Pence's ongoing idiocy continues to make Indiana look like a backwards, homophobic state in the eyes of our nation. Can't we move on to bigger issues - like educating our kids?

  3. 1. IBJ should link to the referenced report. We are in the age of electronic media...not sharing information is lazy. Here is a link http://www.in.gov/gov/files/Blue_Ribbon_Panel_Report_July_9_2014.pdf 2. The article should provide more clarity about the make-up of this panel. The commenters are making this item out to be partisan, it does not appear the panel is partisan. Here is a list of the panel which appears to be balanced with different SME to add different perspectives http://www.in.gov/activecalendar/EventList.aspx?view=EventDetails&eventidn=138116?formation_id=189603 3. It suggests a by-pass, I do not see where this report suggests another "loop". 4. Henry, based on your kneejerk reaction, we would be better off if you moved to another state unless your post was meant as sarcasm in which case I say Well Done. 5. The article and report actually indicates need to improve rail and port infrastructure in direct contradiction to Shayla commentary. Specifically, recommendation is to consider passenger rail projects... 6. People have a voice with their elected officials. These are suggestions and do not represent "crony capitalism", etc. The report needs to be analyzed and the legislature can decide on priorities and spending. Don't like it, then vote in a new legislature but quit artificially creating issues where there are none! People need to sift through the politics and provide constructive criticism to the process rather than making uninformed comments in a public forum based on misinformation. IBJ should work harder to correct the record in these forums when blatant errors or misrepresentations are made.

  4. Joe ... Marriage is defined in the Bible ... it is mentioned in the Bible often. Marriage is not mentioned once in the US or Indiana Constitution ...

  5. Daniel - Educate me please: what does the Bible have to do with laws? If the government wasn't in the business of marriage to begin with, then it wouldn't have to "define" marriage at all. Marriage could be left as a personal, religious, or otherwise unregulated action, with no ties to taxes, legal status, etc. Then people could marry whomever they want, and all this silliness would go away. Remember to vote Libertarian in November.

ADVERTISEMENT