Fine Arts Society Of Indianapolis

Organization Overview

Fine Arts Society Of Indianapolis, operating under the name Classical Music Indy Inc, is located in Indianapolis, IN. The organization was established in 1969. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Classical Music Indy Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Classical Music Indy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Classical Music Indy Inc generated $554.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $695.6k during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO INSPIRE PEOPLE IN THE COMMUNITY WITH THE POWER OF CLASSICAL MUSIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLASSICAL MUSIC INDY ADVANCES ITS MISSION BY IMPLEMENTING INNOVATIVE BROADCAST, STREAMING, PODCASTING, COMMUNITY OUTREACH PROGRAMS, AND PRINT PUBLICATIONS THAT INSPIRE DIVERSE COMMUNITIES WITH THE POWER OF CLASSICAL MUSIC ON-AIR, ONLINE, AND IN THE COMMUNITY. CLASSICAL MUSIC INDY REMAINS THE PREMIER CLASSICAL MUSIC BROADCAST SYNDICATOR IN CENTRAL INDIANA. CLASSICAL MUSIC INDY'S SYNDICATED RADIO CONTENT IS BROADCAST ACROSS INDIANA, PROVIDING CLASSICAL MUSIC SERVICES TO SEVERAL MAJOR MARKETS STATEWIDE, INCLUDING INDIANAPOLIS, FORT WAYNE, WEST LAFAYETTE, AND EVANSVILLE.


IN ADDITION TO ITS CLASSICAL MUSIC BROADCAST, STREAMING, AND PODCASTING WORK, CLASSICAL MUSIC INDY OFFERS FREE COMMUNITY OUTREACH PROGRAMS THAT ARE BOTH ACCESSIBLE TO AND REFLECTIVE OF OUR DIVERSE COMMUNITIES, INCLUDING: 1)RANDOMACTSOFMUSIC, SHORT POP-UP CONCERTS PERFORMED ANYWHERE, ANYTIME TO BEAUTIFY PUBLIC SPACES, 2)AFTERSCHOOL INDY, AFTERSCHOOL MUSIC COMPOSITION PROGRAMS TARGETING UNDERSERVED YOUTH, 3)MUSIC & ME, A DEVELOPMENTALLY APPROPRIATE EARLY CHILDHOOD MUSIC EDUCATION PROGRAM WITH AN EMPHASIS ON EXPLORATION OF PITCH, RHYTHM, AND GROUP SINGING, 4)SENIOR CONCERT SERIES, PERFORMANCES IN SENIOR LIVING FACILITIES THAT COMBAT SENIOR ISOLATION AND PROVIDE ELDERLY RESIDENTS MUSIC ENJOYMENT AND SOCIAL ENGAGEMENT, AND 5)COMMUNITY CONCERTS, INFORMAL, COMMUNITY-BASED CLASSICAL MUSIC PERFORMANCES.


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer L Burch
President/ce
$65,000
Janice Roger
Secretary
$0
James B Lootens
Board Chair
$0
Patti Freeman Dorson
Vice-Board C
$0
Casey Enzor
Treasurer
$0
Eloise K Paul
Former Board
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $67,966
All other contributions, gifts, grants, and similar amounts not included above$314,044
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$382,010
Total Program Service Revenue$66,942
Investment income $15,702
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $88,115
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $554,253

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Fine Arts Society Of Indianapolis has recieved totaling $3,500.

Awarding OrganizationAmount
Nicholas H Noyes Jr Memorial Foundation Inc

Carmel, IN

PURPOSE: ANNUAL SUPPORT

$3,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,235,764
Earnings$153,165
Admin Expense$12,432
Other Expense$247,000
Ending Balance$1,129,498

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