Church of St. Ignatius Loyola 1 November 2017 Dear Parishioners, The joy of the Gospel takes on hues of vibrant colors and rich texture each time we gather to worship in our magnificent church or join a festive event or lecture in Wallace Hall. We count among our blessings the ability to seek spiritual guidance in the Parish House and to have our children educated at our day nursery and grammar school. Our faith journey as parishioners also invites us to look beyond the territorial boundaries of our parish to encounter the world and respond to voices crying out for compassion, justice, and reconciliation. We can justifiably take pride in being disciples of Jesus Christ who have fashioned our identity around the Ignatian principles of prayer, service, and community. From an impressive array of cultural, national, and familial backgrounds we have created a home here on Park Avenue where we care for each other and for those who come to our door in need. To sum this up quite simply, we are the Church of St. Ignatius Loyola. There is no doubt that our most precious assets are the individuals and families who call St. Ignatius their spiritual home, their parish. By this accounting alone, I can assure you that our future is secure and bright. More than 500 parishioners regularly volunteer their time in the various ministries of the parish to build up the kingdom of God through their service to us and those who reach out to us in their time of need. We are truly blessed by the commitment and affection of so many among us who nurture the very lifeblood of our home at St. Ignatius. As you might suspect, your financial support makes possible everything we do. The collections at weekend and weekday Masses provide a stream of revenue to support parish activities. However, this source of income is not sufficient to maintain the operating budget of the parish. We continue to rely on the Annual Appeal to supplement the funds necessary to finance the operations of the church, the quality of our liturgical celebrations, the upkeep of our physical plant, the education of our children, and much, much more. I now ask you to support the 2017 Annual Appeal with a contribution as generous as your means will allow. The funds raised through this Appeal will help us to sustain our vibrant tradition of witnessing to our faith in ways which redound to the greater glory of God. Thank you for your generous response to the 2017 Annual Appeal, and may the blessings of God refresh you with joy! Sincerely in the Lord, Dennis J. Yesalonia, S.J. Pastor Office of the Pastor 980 Park Avenue, New York, NY 10028 T: (212) 288-3588 F: (212) 734-3671 www.stignatiusloyola.org
Church of in 1851 Jesuit Since 1866 St. Established Ignatius Loyola Annual Report Fiscal Year 2017 September 1, 2016 August 31, 2017
This annual report will present the financial condition of the parish. It is a way of looking at the parish by the numbers. The dollars and cents of the report reveal the scale of operations of a complex enterprise which requires a significant amount of money to fund what we do. Our parish ministries, liturgical celebrations, lectures, concert series, grammar school and day nursery, service and outreach programs, and spirituality resources are supported through the generous contributions of parishioners. However, to look at the parish by the numbers alone would fail to depict who we are as the Church of St. Ignatius Loyola. To capture the essence of what makes our parish such a valued place in our lives we need to look at the faces of those who bring to life the faith we profess as a Catholic community inspired by the Ignatian Way of prayer, service, and community. The expressions of our faith have been palpable throughout this past year. The joy of the gospel has not been for us a lofty ideal. Rather we have been animated by our belief in Jesus Christ to herald in word and actions a message of hope to a world yearning for healing and reconciliation. What we do together has brought warm smiles to our faces and to the faces of those whom we serve through our parish ministries. We have been blessed this past year. With God s grace as our shelter and our strength, we have made a difference in the lives of countless people. Let us take delight in the warmth of the smiles of all who call the Church of St. Ignatius their home and review some of the highlights of this past fiscal year which account for many of these smiles. Prayer Lay Ministers Enrichment Days opportunities to be nourished spiritually were offered on 3 occasions, focused on the topics of Discernment in an Age of Distraction, Ignatian Spirituality, and Heralds of Hope Anointing of the Sick communal celebration of the Sacrament of the Sick at two Saturday evening Masses Joint Lenten Vesper Services brought together in prayer the congregations of Immanuel Lutheran Church and St. Ignatius Special Liturgies the celebration of the 150th anniversary of St. Ignatius as a Jesuit parish and the installation of our new Pastor Service Women s Shelter sponsored by our Conference of the St. Vincent de Paul Society to provide a warm meal and place to sleep during the winter months in Wallace Hall Food, Toy, and Clothing Drives helping our neighbors in need during the holiday season Taking Hold sponsored by the Episcopal Church Foundation, coordinated by Rabbi Leonard Schoolman, and hosted by St. Ignatius, an educational program which dealt with planning for retirement Rosary Rangers surpassing 17,500 rosaries, crafted for the women and men of our Armed Services community Sacred Music in a Sacred Space the world premiere of Upon This Handful of Earth, an opera based upon the writings of Jesuit philosopher, Teilhard de Chardin, and composed by award-winning Gisle Kverndokk Ignacio de Loyola a private screening of the recently released film on the life of St. Ignatius Loyola Lectures and Panel Discussions sponsored by the Ignatian Social Justice, this year s topics included immigration and the refugee crisis, and a commemorative celebration of the life of Father Daniel Berrigan, S.J. Street Fair and Concert events in celebration of the parish s sesquicentennial (150 years) LGBT Catholics and Friends the creation of a new parish ministry for members of our parish who are themselves or are related to or friends of lesbian, gay, bisexual, or transgendered individuals 2
Church of St. Ignatius Loyola Parish Ministries, 2016-2017 Parish Staff 3 Full-Time Priests 1 Part-Time Priest 2 Pastoral Associates 1 Part-Time Pastoral Associate 2 Weekend Associate Priests 7 Music Staff Members 4 full time/3 part time 9 Operations/Administrative Staff Members 12 Support Staff Members 6 full time/6 part time Music Ministries Canticum Sacrum (7:30 PM Mass Choir) 16 Choir of St. Ignatius Loyola 20 Parish Community Choir 53 Wallace Hall Mass Choir and Orchestra 38 Children s Choirs: Middle School Choir 22 Training Choir I 16 Training Choir II 22 Sacramental Life and Religious Formation Registered Families Average Attendance at Sunday Masses Average Attendance at Weekday Masses Baptisms Confirmations First Holy Communions Marriages Funerals Adults in the RCIA Program Fiscal 2016 Fiscal 2017 4460 1,572 115 185 146 151 62 34 21 Faith Formation DAY NURSERY Faculty: 17 Students: 118 GRAMMAR SCHOOL Faculty: 34 Students: 535 IREP Faculty: 19 Students: 496 Children s Liturgy of the Word (9:30 AM Sunday Mass): 1 teacher serving approximately 12 children each week 4325 1,542 95 197 136 179 57 36 24 Altar Servers: 42 servers Boomers & Beyond: 300 participants Catechesis of the Good Shepherd: 2 adults teaching 8 children Compassionate Care: 45 members serving the sick and homebound Emmaus Bereavement Ministry: 2 facilitators working with 150 individuals Eucharistic Ministers: 121 ministers Family Ministry: 8 committee members Finance Committee: 7 members Hospitality Ministry: 114 ministers Ignatian Social Justice: 10 team members with an outreach to 250+ people Ignatian Young Adults: 7 team members serving 800+ people Ignite! Teen Ministry: 16 teens Investment Committee: 5 members Lay Ministers Enrichment: 5 team members who serve all parishioners interested in ministerial and spiritual enrichment parish ministries Lectors: 61 lectors LGBT Catholics and Friends: 25 members Ministry Council: 12 members My Faith/Your Faith: 2 teens who participated in an interfaith program for teenagers New Parishioners Committee: 4 members Prayer Shawl Ministry: 9 members Ranger Rosary Ministry: 12 regular members who provided 2714 hand-made rosaries this past year for members of the armed services RCIA: 9 team members who journeyed with 24 new adult Catholics Retreat Programs: 13 directors reaching 140 participants Society of St. Vincent de Paul: 15 active members and 252 associate members Spiritual Direction: 9 directors reaching more than 60 individuals 4
The Parish Annual Report for Fiscal Year 2016 2017 will show a modest operating surplus of $75,356 which is significantly lower than last year s surplus and, at the same time, consistent with the downward trend experienced over the last 3 fiscal years. There are a number of factors which contribute to this reduction in the operating surplus. Expenses increased in FY17 because of such one-time special events as the celebration of our sesquicentennial anniversary and other liturgical celebrations. New programs and activities in support of parish ministries were brought online while revenue in support of these new initiatives remained relatively stable. The good news to report is that the financial condition of the parish is strong which is due, in large part, to your continued support of our ministries and the mission of the parish. The financial detail of FY17, prepared by our Treasurer, Fernando Castro, is as follows: Revenue Church of St. Ignatius Loyola Operating Revenue Report, 2016-2017 Although the fiscal year ended with a modest surplus, the total operating revenue for FY17 reflects a modest decrease of 2.0% as compared to the prior year. There was some growth in various revenue streams which were offset by shortfalls in other income categories. Overall, the revenue derived from collections was consistent with the prior year. However, there was a 5.0% decrease in the Sunday offertory collections. Collections for Christmas and Easter also experienced 6.0% and 2.0% decreases, respectively. The Annual Appeal, which is a significant source of revenue in support of the operating budget, decreased as compared to the Annual Appeal in FY16. This was offset by a very successful Spring Appeal which was double the amount of the FY16 Spring Appeal. Other Gifts and Collections remained strong. This category consists mainly of large unrestricted donations and restricted funds. Also included in this category is the parish s share of funds which exceed the parish s goal for the Annual Cardinal s Appeal. Sacramental offerings increased 12.0% over FY16 and reversed the downward trend in this category experienced in FY16. Rental income has returned to its historic level after experiencing an unusually large increase in FY16. Revenue attributed to Music Ministry increased 11.0% over FY16. This increase was offset by increased expenses attributed to additional programs being added to the concert series. Enrollment in Interparish Religious Education Program (IREP) decreased in FY17, resulting in a decrease in revenue for this Ministry while expenses remained consistent with FY16. The variance reflected in Other Revenue is the result of a onetime rebate received from the Archdiocese of New York in FY16. Otherwise, revenue in this category was unchanged from FY16. 6
CHURCH OF ST. IGNATIUS LOYOLA OPERATING REVENUE Parishioner Contributions Sunday Collections Christmas Collection Easter Collection Fiscal Year Fiscal Year 2016 2017 1,405,862 1,332,388 136,246 127,402 91,556 89,812 Annual Appeal Spring Appeal Other Gifts & Collections 662,626 142,400 651,011 582,974 284,326 674,342 TOTAL PARISHIONER CONTRIBUTIONS 3,089,701 3,091,244 Sacramental Offerings Baptisms 21,640 26,200 Weddings 72,650 74,521 Funerals 19,250 25,900 TOTAL SACRAMENTAL OFFERINGS 113,540 126,621 Parish Services Rentals 444,590 361,497 Music (Gifts & Concert Revenue) 527,374 583,279 TOTAL PARISH SERVICES 971,964 944,776 Interparish Religious Education 219,492 195,777 Other Revenue 91,962 54,364 TOTAL OPERATING REVENUE 4,486,659 4,412,782 7
Presented by Fr. Richard Leonard, S.J. AT 7PM WALLACE HALL Sposored by Ignatian Social Justice I was a stranger and yo welcoed me. Taking a cue from St. Ignatius, Fr. Sheehan will discuss how God might be calling us to grow in love, wisdom, and holiness, as we face both the opportunities and real challenges that aging brings. We can work on our 401ks, consider other wise investment strategies, play lots of tennis and golf, book exciting cruises, but what is the point if we miss the goal of our lives: TUESDAY, APRIL 18TH entering into the life of God? PANELISTS DR. MEGHAN CLARK Assistant Professor, Theology and Religious Studies St. John s University REV. JAMES MARTIN, S.J. Editor at Large America Media MODERATOR C. MARIO RUSSELL Director, Immigrant and Refugee Services Catholic Charities DR. ANNA BROWN Associate Professor and Chair, Political Science Together There are many different ways we look at and prepare for aging. But, given that we are living longer than ever before, have we ever thought and dreamed about what God is offering us with our longer lives? Commemorating the 500th Anniversary of the Reformation, the Church of St. Ignatius Loyola and Immanuel Lutheran Church will join together for vespers and reflect upon the CatholicLutheran Joint Declaration on the Justification by Faith. Church of St. Ignatius Loyola Monday, March 6th at 7:00 PM Wallace Hall IN Faith Immanuel Lutheran Church Joint Lenten Vespers The Prophet Presented by Fr. Myles Sheehan, S.J., M.D. Sponsored by Ignatian Social Justice Aging and the Call to Holiness Rather than ignoring the world around us or creating one that is removed from reality, Fr. Leonard encourages the need for honest dialogue, stresses the importance of religious experience but, most importantly, urges the practice of genuine actions for Christ s sake. The Resister Bestselling author Fr. Richard Leonard, S.J., will discuss his book What Are We Doing On Earth for Christ s Sake?, which invites Christians to revisit their faith in the midst of the contemporary world and its challenges. Thursday, May 11th at 7 PM Wallace Hall The Man Thursday, February 16th 7:00 PM Wallace Hall DANIEL BERRIGAN, S.J. BOOK LAUNCH EVENT JUNE 13, 2017 7:00 PM Wednesday, March 15th 7 PM CHURCH OF ST. IGNATIUS LOYOLA WALLACE HALL REV. JAMES MARTIN, S.J. is a Jesuit priest, editor at large of America magazine, and bestselling author of Seven Last Words, The Abbey, Jesus: A Pilgrimage, The Jesuit Guide to (Almost) Everything, and Between Heaven and Mirth. In April Pope Francis appointed him as a Consultor to the Secretariat for Communication. Wednesday, March 22nd 7 PM
Expenses Church of St. Ignatius Loyola Operating Expense Report, 2016-2017 Total operating expenses for FY17 were $4.3 million, which reflects a marginal 5.0% increase over FY16. Not unlike other organizations, the largest parish expense is Personnel costs. Collectively, this category increased by a modest 3.0%, which includes a cost of living raise for staff and the standard increase in health insurance and pension contributions. The increase in the Administration expense is primarily related to our continuing efforts to update computer equipment and infrastructure. Also, we retained the services of a security consultant, which was not originally budgeted, to review all security protocols of the entire physical plant of the parish, including the church, the Parish House, and the grammar school. Our commitment to the security of our parishioners, students, and staff remains a top priority. Considerable cost savings in Facilities expenses related to routine maintenance were realized in FY17, due to changes that were first implemented in FY16. Liturgical expenses increased in FY17 over FY16 due, in part, to the introduction of a cantor for the 8:00 AM Sunday Mass and the enhancement of the church environment during the Christmas and Easter seasons and other special liturgical events. Music Ministry expenses increased 18.0% over FY16 due to additional performances added to the concert series in FY17. Revenue attributed to the Music Ministry likewise increased, as was presented in the Revenue section of this report. The costs related to the series of events celebrating the sesquicentennial anniversary of the parish and other special liturgies are included under the category of Other Activities. Archdiocesan Assessments remained consistent with FY16, and the expenses associated with IREP increased 6.0% as compared to the prior year. Not included in this report are capital expenses incurred for Church improvements. These projects include the reconfiguration of the Treasurer s office to accommodate the need for additional office space in the Parish House; updating the residential rooms of the Parish House; and replacing the fire rated doors in Wallace Hall. A Final Word We are blessed by the growth of our parish and its accompanying activities and programming. However, such growth also requires increased expenditures if we are to be successful in all that we do. I am grateful to the members of the Parish Finance Committee (whose names are listed in this report) and Fernando Castro, the parish treasurer, as we keep an eye on our operating budget and exercise proper stewardship of the financial resources of the parish which are derived from your contributions and financial support. With your continued support and commitment to the parish, we will surely proclaim in word and deed, to a world in need of hope and healing, the gospel message of Jesus Christ and, in the process, bring greater glory to God. May God bless you with an abundance of His compassionate love! In our Lord, Rev. Dennis J. Yesalonia, S.J. Pastor Note: Important ministries of our Parish are represented by the Grammar School and Day Nursery. Their annual operating budgets, respectively, are approximately $5.9 million and $3.2 million. While we are not including information on these budgets in this report, I wish to assure you of the overall financial health and good management of both institutions. We are blessed to have strong leadership provided by our School Principal Mary Larkin and Executive Director Theodora Crist. 9 MEMBERS OF THE 2016-2017 FINANCE COMMITTEE Rev. Dennis J. Yesalonia, S.J. Pastor John O Brien, Chair Carmen Akella Frank Colalucci Ben Denihan Danielle Klyap Mary Rutherfurd
Personnel CHURCH OF ST. IGNATIUS LOYOLA OPERATING EXPENSES Fiscal Year Fiscal Year 2016 2017 Salaries 1,165,681 1,241,578 Benefits 489,634 482,220 Other Personnel Costs 96,497 78,230 TOTAL PERSONNEL COSTS 1,751,812 1,802,028 Administration 352,239 394,624 Physical Plant Expenses 556,495 450,646 Liturgical Expenses Cantors, Choirs, Instrumentalists 240,041 255,573 Supplies 104,011 133,506 TOTAL LITURGICAL EXPENSES 344,052 389,079 Parish Activities Concerts 504,521 595,435 Other Activities 175,198 265,920 TOTAL PARISH ACTIVITIES 679,719 861,355 Archdiocesan Assessments 249,853 249,853 Interparish Religious Education 179,512 189,841 TOTAL OPERATING EXPENSES 4,113,682 4,337,426 SUMMARY OF OPERATING FINANCES TOTAL OPERATING REVENUE 4,486,659 4,412,782 TOTAL OPERATING EXPENSES 4,113,682 4,337,426 OPERATING SURPLUS 372,977 75,356 10
ONLINE GIVING Many of our parishioners make automatic online gifts to St. Ignatius. By giving online you no longer need to receive monthly envelopes in the mail. In addition, you may make gifts to our annual Parish collections, as well as to Archdiocesan special collections. For further information, or to enroll in the St. Ignatius Loyola Online Giving Program, please visit our website, which can also be accessed by scanning the QR Code at left. PLEASE REMEMBER US IN YOUR WILL A donation to the Church of St. Ignatius Loyola in your will is fully tax deductible and will help sustain our work, our mission, and our ministries for future generations. If you choose to include us in your will, won t you let us know? You can contact Fernando Castro, Treasurer, with information and/or questions at 212-288-3588 or email castrof@saintignatiusloyola.org He can also assist you and your attorney with the standard language necessary to establish your charitable bequest. Any information you provide will be held in strict confidence. Thank you for ensuring the legacy of your memory through a bequest to the Church of St. Ignatius Loyola. Have You Registered? If St. Ignatius Loyola is where you regularly worship, we invite you to fill out a Parishioner Registration Card located in the pew racks, at the Parish House, and on our website. Registration is our only means of certifying membership in the Parish. CHURCH OF ST. IGNATIUS LOYOLA 980 Park Avenue, New York, NY 10028 212-288-3588 www.stignatiusloyola.org