Leader of N. Ind. RV Museum Says Finances Improved Created by kmiller on 2/17/2014 9:00:19 AM
ELKHART, Ind. (AP): The northern Indiana museum dedicated to the history of the recreational vehicle continues to see improving finances a couple years after it faced possible closure.
The president of the RV/MH Hall of Fame in Elkhart says the museum's debt has been reduced from $5.5 million to about $2.5 million.
Museum president Darryl Searer tells The Elkhart Truth that its financial health is "excellent."
Searer credits the turnaround to steps such as cutting the museum's staff from five employees to three and increased revenue from rentals of its events center.
The 71-year-old Searer agreed in March 2012 to lead the museum for two years, but has decided to stay on for two more years with the goal of making it debt-free by 2020.