Indiana Historical Society cuts staff - 13 WTHR Indianapolis

Indiana Historical Society cuts staff

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Indianapolis - The Indiana Historical Society is feeling the effects of the recession.

It's cutting four full-time and three part-time workers and delaying part of a renovation project.

The Historical Society says it was hurt by a dramatic drop in the value of its endowment. It fell $38 million. The society already froze some pay raises.

From the IHS website:

A private, nonprofit membership organization, IHS maintains the nation's premier research library and archives on the history of Indiana and the Old Northwest. IHS also provides support and assistance to local museums and historical groups, publishes books and periodicals; sponsors teacher workshops; and provides youth, adult and family programming.

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