NFP of NOTE: Indiana Council for Economic Education

November 17, 2008

Indiana Council for Economic Education
615 W. State St., West Lafayette, IN 47907
Phone: (765) 494-8545
Fax: (765) 496-1505
Web site: www.econed-in.org
Founded: 1954
Paid employees: five
Highest-paid staff member: Harlan R. Day, executive director, $83,075 (paid by Purdue University)
Top volunteers: Tony Fiorillo, executive committee chairman; Robert Glazier, vice chairman; Jeff Smith, treasurer


Increase economic literacy in Indiana with the help of business, education, government and agriculture leaders. Through 11 university centers, provide K-12 teachers with knowledge and curriculum tools that will allow effective and interesting instruction.


Harlan Day, executive director; Beverly Brewer, director of development; Jeff Sanson, director of programs


David K. Baker
Greg Bernhardt
Patty Brademas
Joe Breedlove
Jim Butcher
John Conant
Greg Cutchin
Miriam Smulevitz Dant
Anika Davis
John Demerly
Lisa Ellison
Chris Fenner
Tony Fiorillo
Paul Freeman
Robert Glazier
Joe Guilfoy
Peter D. Harrington
Tom Harrison
Charles Hibberd
Stanley Holliday
James Joven
Ryan Kitchell
Linda Lentz
Chris Naylor
Brooke Palmer
Marsha Reynolds
Kevin Schmidt
Bradley Skolnik
Jeff Smith
Jeff Spalding


Indiana Stock Market Game: Used in grades four through 12 to teach social studies, math, business or language arts. Also used as an extracurricular activity.

Graduate Credit Programs: Each summer, the ICEE sponsors intensive graduate credit workshops for K-12 teachers. These workshops cover a variety of economic topics and take place at the ICEE's University Centers. The ICEE offers full or partial tuition scholarships to those attending the workshops through contributions and grants.

Economics Challenge: Annual quiz-bowl-style competition for Indiana high school teams. Teams go on to national competition.




2008 income: $527,686
2009 projected income: $450,800

2008 expenses: $407,972
2009 projected expenses: $492,429

2008 assets: $119,714

Fiscal year begins: July 1

2008 income

Government: 47 percent
Corporate contributions: 19 percent
Foundations: 15 percent
Educational product sales: 6 percent
Other: 6 percent
National council programs: 4 percent
Personal contributions: 3 percent

2008 expenses
Salaries and fringes: 26 percent
Graduation tuition expense: 26 percent
Other: 16 percent
Curriculum materials: 9 percent
Administration: 9 percent
Conference arrangements: 9 percent
Stock market and game fees: 5 percent


Information provided by the Indiana Council for Economic Education. Profiled organizations must be based in or serve the Indianapolis area, must have Internal Revenue Service tax-exempt status, and must be willing to provide IBJ with detailed financial information.

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