The word Asylum means a place of refuge or sanctuary, and the institute “has throughout its history, provided many troubled individuals with a sanctuary, a refuge, and a safe place to prepare for re-entry into a turbulent world.” The same statement of purpose might just as well be applied to the nearby Asylum Point Park, as many people come to the park to take refuge from a turbulent world and spend a carefree afternoon fishing in the tranquil waters or simply relaxing on the man-made island next to Asylum Point Lighthouse.
The lighthouse, reportedly the result of a 1937 project of the Works Progress Administration, was rejected as a navigational light for the lake and was thus never lit. In 2007, the lighthouse received a $4,000 makeover with labor provided by inmates from the Winnebago Correctional Institute. Parts of the wooden lantern room were replaced, windows were refitted, and the metal roof was rebuilt.