Indiana Arts Festival Inc is located in Indianapolis, IN. The organization was established in 1993. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Arts Festival 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 06/2023, Indiana Arts Festival Inc generated $28.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $28.5k during the year ending 06/2023. While expenses have increased by 21.7% per year over the past 3 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION AWARD OVER $4800.00 IN SCHOLARSHIPS AND ASSISTANCE TO ELEMENTARY THROUGH HIGH SCHOOL AGE STUDENTS IN THE ARTS. SPONSORED RECITALS AND EVENTS FOR YOUTH AND ORGANIZATION MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karri York President | 25 | $0 | |
Sayuri Guelce Vice-President | 20 | $0 | |
Lisa Cremer Secretary | 20 | $0 | |
David B Mannell Treasurer | 35 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $4,822 |
Investment income | $7,500 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $160 |
Other Revenue | $16,118 |
Total Revenue | $28,600 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $12,128 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $40 |
Other expenses | $11,455 |
Total expenses | $28,523 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $134,532 |
Other assets | $0 |
Total assets | $134,532 |
Total liabilities | $0 |
Net assets or fund balances | $134,532 |