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Indiana Artisan Inc

RegisteredEIN 27-0813316Carmel, INArts, culture, heritage and science
Income$334k2023-12
Spending$326ksame year
Spent / received91%5-year average
Size in its cause70th pctArts, culture, heritage and science
Exempt since2014Publicly supported organisat
Employees26latest return

Analysis

Indiana Artisan Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indiana Artisan Inc reported income of $334k and spending of $326k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $334k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indiana Artisan Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within IN. Charities of a similar size with the same main cause include Open Floor International ($334k), Ashland Cable Access Corp ($334k) and Asia Art Archive in America Incorporated ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $52k (16% of expenses). Other salaries and wages came to $36k. At year end it held assets of $148k against liabilities of $39k, net assets of $108k. It reported 26 employees.

Income and spending

$0$84k$167k$251k$334k2019 Income: $226,9222019 Spending: $214,12020192020 Income: $181,3012020 Spending: $165,73120202021 Income: $235,6662021 Spending: $165,00920212022 Income: $303,0972022 Spending: $298,27820222023 Income: $334,2492023 Spending: $326,0982023
IncomeSpending

Where the income comes from

  • Contributions & grants 43%
  • Program services 31%
  • Other 26%

Similar-sized charities, same cause

CharityLocationIncome
Open Floor InternationalMill Valley$334k
Ashland Cable Access CorpAshland$334k
Asia Art Archive in America IncorporatedBrooklyn$334k
West Michigan Youth BalletAda$334k