Jon Baker posted the following to the Antioch College Alumni & Community Facebook group.
In their 2025 report the auditors hired by the College to review it’s financial situation said they do not believe that Antioch can “continue as a going concern”. From their report:
“The College relies on significant contributions to pay operating expenses. This reliance along with the significant endowment loans, unfunded gift annuity obligations, callable bonds, and continuing significant decreases in net assets, create uncertainty about the College’s ability to continue as a going concern.”
The report notes that “the College has developed a strategic plan of financial sustainability” which includes, among other things, increasing “annual giving, major gifts, grant income” and “increasing admissions of new students and retention of current students.”
How successful as the College been under Jane’s leadership in these two areas? The report documents that net income from student tuition provides only 11% of Antioch’s operating expenses. The doors stay open due to the donations and gifts from alumni and friends of the College, which provide 45% of the operating expenses.
It’s not Jane keeping the College going, it’s us!!!!!!
