NFP of NOTE: Indiana Council for Economic Education

Indiana Council for Economic Education
615 W. State St., West Lafayette, IN 47907
Phone: (765) 494-8545
Fax: (765) 496-1505
Web site:
Founded: 1954
Paid employees: five
Highest-paid staff member: Harlan R. Day, executive director,
(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
Jim Butcher
John Conant
Greg Cutchin
Miriam Smulevitz Dant
Anika Davis
John Demerly
Lisa Ellison
Chris Fenner
Tony Fiorillo
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
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

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:

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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