Statements of Activities

James Whitcomb Riley Memorial Association, Inc., d/b/a Riley Children’s Endowment

Consolidated Statements of Activities Years Ended June 30, 2021 and 2020

2021 Without With Donor Donor Restrictions Restrictions Total

Revenues, Gains and Other Support

Gift income Contributions $ 10,087,435 $ 22,871,558 $ 32,958,993 Gifts in-kind 33,460 1,336 34,796 Total gifts 10,120,895 22,872,894 32,993,789

Other revenue and support Investment income 1,586,291 506,048 2,092,339 Realized and unrealized gains (losses) on investments 56,808,717 29,385,248 86,193,965 Gain (loss) on perpetual trusts - 6,214,252 6,214,252 Income from trusts 465,738 587,183 1,052,921 Other income (12,156) 7,705 (4,451) 68,969,485 59,573,330 128,542,815

Net assets released from restrictions 30,678,314 (30,678,314) - Total revenues, gains and other support 99,647,799 28,895,016 128,542,815

Expenses

Program services Grants Research 12,616,596 - 12,616,596 Clinical programs 10,388,823 - 10,388,823 Education 2,820,911 - 2,820,911 Patient and family services 7,377,099 - 7,377,099 Advocacy 1,625,487 - 1,625,487 Buildings and equipment 105,413 - 105,413 Camp Riley 249,887 - 249,887 Other 449,383 - 449,383 Total grants 35,633,599 - 35,633,599 Riley Museum Home 243,979 - 243,979 Total program services 35,877,578 - 35,877,578

Supporting Services Administration 1,331,541 - 1,331,541 Finance 481,702 - 481,702 Fundraising 7,142,177 - 7,142,177 Communications 1,157,561 - 1,157,561 Total supporting services 10,112,981 - 10,112,981

Loss on uncollectible contributions receivable 100 210,670 210,770 Total expenses 45,990,659 210,670 46,201,329

Change in Net Assets

Net Assets, Beginning of Year

Net Assets, End of Year

53,657,140 28,684,346 82,341,486

172,066,254 179,033,441 351,099,695

$ 225,723,394 $ 207,717,787 $ 433,441,181

2020 Without With Donor Donor Restrictions Restrictions Total

$ 8,572,678 $ 21,262,044 $ 29,834,722 309,136 - 309,136 8,881,814 21,262,044 30,143,858

363,009 (135,590) 227,419 (1,454,761) (1,206,380) (2,661,141) - (696,377) (696,377) 495,745 667,695 1,163,440 83,337 46,251 129,588 8,369,144 19,937,643 28,306,787 33,936,150 (33,936,150) - 42,305,294 (13,998,507) 28,306,787

11,723,163 - 11,723,163 11,242,650 - 11,242,650 2,794,221 - 2,794,221 3,878,378 - 3,878,378 3,942,505 - 3,942,505 23,874 - 23,874 126,852 - 126,852 406,415 - 406,415 34,138,058 - 34,138,058 482,525 - 482,525 34,620,583 - 34,620,583

1,512,861 - 1,512,861 443,790 - 443,790 8,492,500 - 8,492,500 1,776,489 - 1,776,489 12,225,640 - 12,225,640 - 7,616 7,616 46,846,223 7,616 46,853,839

(4,540,929) (14,006,123) (18,547,052)

176,607,183 193,039,564 369,646,747

$ 172,066,254 $ 179,033,441 $ 351,099,695