Charity watchdog flags symphony’s fiscal troubles
ISO says Charity Navigator failed to account for endowment money that should have kept it off “deep trouble” list.
IBJ Staff
Articles
Airport seeking auctioneer to sell off assortment of cast-offs
Sale of items such as X-ray machines and windsock poles typically raises $1 million for general fund.
Innovator Godfrey recognized for contributions to state’s tech economy
Aprimo founder joins other notables as TechPoint Trailblazer.
EDITORIAL: Region’s fate tied to urban core
A conversation is starting about the health of this city’s urban core that everyone in the region should join.
IU losing journalism dean to Northwestern
Brad Hamm is stepping down as dean of the Indiana University School of Journalism to take the same position at Northwestern University's Medill School of Journalism.
NFP of NOTE: Partners In Housing
Partners In Housing assists the homeless and people with special needs by eliminating barriers to safe, affordable housing through the creation of beneficial partnerships.
Seymour packaging plant with 111 workers to close
Exopack LLC plans to close its Seymour facility and terminate 111 employees by July 1, the company said Wednesday in a notice to the state.
Baldwin & Lyons posts record first-quarter profit
The auto and trucking fleet insurer reported profit of $11.5 million in the first quarter compared with a loss of $15.2 million in the prior-year period, when company earnings took a beating from earthquakes in Japan and New Zealand.
Angie’s List files to sell $75 million in stock
The offering could include up to $75 million of its common stock, including $10 million to be sold by the company and the rest by shareholding officers. Most of the funds will be used to finance an ongoing advertising campaign, Angie’s List said in its filing.
Former council president to become city’s chief of staff
Chris Cotterill, chief of staff to Indianapolis Mayor Greg Ballard, plans to leave the administration and return to private business, the city announced Wednesday. City-County Councilman Ryan Vaughn has resigned from his seat to replace Cotterill.
Wheat out as local Cumulus market manager
Atlanta-based Cumulus has eliminated its local market manager position. Locally, Cumulus operates top-10 radio stations WJJK-FM 104.5 and WFMS-FM 95.5.
Calumet Specialty’s revenue, profit soar in first quarter
The company’s improved performance over the same period last year was mostly due to a 150-percent increase in sales volume from its acquisition of a Wisconsin refinery in September.
Finish Line plans to add 327 jobs as part of expansion
The Indianapolis-based retailer of athletic shoes and apparel said it will add the jobs by 2016 as part of a multimillion-dollar expansion that will upgrade its e-commerce systems.
PROXY CORNER: Noble Roman’s Inc.
Indianapolis-based Noble Roman’s Inc. is a franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants. Some outlets are stand-alone, while others are in non-traditional locations, such as universities, convenience stores, travel plazas and military bases.
Damien Center pays off building mortgage
Agency that offers HIV- and AIDS-related services owns its headquarters free and clear after $3 million capital campaign.
Financial Planning Association sponsors orchestra
Group support of ISO pulls in first-time donors.
Angie’s List posts larger loss, but higher revenue
The Indianapolis-based company reported a first-quarter loss of nearly $13.5 million on revenue of $31.1 million. Paid memberships topped 1.2 million, an 81-percent increase from the same period a year earlier.