Overview

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Est.

1961

Fiscal Year Start

Sep 1

Organization Type

Grantseeker

AI Summary

The Indianapolis Art Center Inc is a nonprofit organization dedicated to engaging, enlightening, and inspiring the community through arts education. With an operating budget of $4.5 million and total revenue of $7.5 million for the 2024 filing year, it operates within the arts education sector. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse support base. More information can be found on their website at www.indplsartcenter.org.

Mission Statement

TO ENGAGE, ENLIGHTEN, AND INSPIRE OUR COMMUNITY THROUGH ART EDUCATION.
Revenues
$7.5M
Expenses
$4.5M
Net Income:
+$3M
Assets
$20.1M
Liabilities
$983.5K
Net Assets:
+$19.1M
Operating Budget
$4.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
28
Median grant size
$15.3K
Largest grant received
$1M
M
Mark Williams
Board Member
M
Mande Adams
Board Member
A
Andy Sahm
Board Member

Frequently Asked Questions

What is INDIANAPOLIS ART CENTER INC’s budget?
In 2024, INDIANAPOLIS ART CENTER INC reported an annual operating budget of around $4.5 million. More detailed financial information is available to registered users.
What causes does INDIANAPOLIS ART CENTER INC support?
INDIANAPOLIS ART CENTER INC supports work in Arts education.
Where does INDIANAPOLIS ART CENTER INC operate?
INDIANAPOLIS ART CENTER INC is headquartered in Indianapolis, IN.
Who funded INDIANAPOLIS ART CENTER INC recently?
In 2024, INDIANAPOLIS ART CENTER INC received grants from LILLY ENDOWMENT INC, Allen Whitehill Clowes Charitable Foundation Inc, and CENTRAL INDIANA COMMUNITY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant INDIANAPOLIS ART CENTER INC received in 2024?
The largest grant to INDIANAPOLIS ART CENTER INC in 2024 exceeds $1 million.
What is INDIANAPOLIS ART CENTER INC’s reliance on government grants?
INDIANAPOLIS ART CENTER INC relied on government grants for less than 5% of their total revenue in 2024.