Totals
- Total revenue
- $334,249
- Total expenses
- $326,098
- Contributions and grants received
- $144,681
- Grants paid
- $0
- Program service revenue
- $102,976
- Investment income
- $3,333
- Other revenue
- $83,259
- Total assets, end of year
- $147,880
- Total liabilities, end of year
- $39,461
- Net assets or fund balances, end of year
- $108,419
- Program services expenses (Part IX)
- $299,006
- Management and general expenses
- $27,092
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $299,006
Program services were 91.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$18,942
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$40,724
-
1f · All other contributions, gifts and grants
$85,015
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Holiday Marketplace
total $21,606 · related or exempt $21,606 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Viewbook
total $17,626 · related or exempt $17,626 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Marketplace
total $62,229 · related or exempt $62,229 · unrelated business $0 · excluded $0
-
2d · Program service revenue: Jury Fees
total $781 · related or exempt $781 · unrelated business $0 · excluded $0
-
2e · Program service revenue: Workshops and Conversations
total $734 · related or exempt $734 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $3,333 · related or exempt $3,333 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $196 · related or exempt $196 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $0 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $0 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$202,095
-
10b · Cost of goods sold
$119,032
-
10c · Net income from sales of inventory
total $83,063 · related or exempt $83,063 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $51,500 · program services $41,500 · management and general $10,000
-
7 · Other salaries and wages
total $36,383 · program services $36,383
-
10 · Payroll taxes
total $6,927 · program services $5,582 · management and general $1,345
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $0 · program services $0 · management and general $0 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $68,362 · program services $68,362 · management and general $0 · fundraising $0
-
13 · Office expenses
total $14,404 · program services $10,933 · management and general $3,471
-
14 · Information technology
total $11,272 · program services $10,272 · management and general $1,000
-
16 · Occupancy
total $129,374 · program services $119,374 · management and general $10,000 · fundraising $0
-
17 · Travel
total $1,352 · program services $1,076 · management and general $276
-
19 · Conferences, conventions and meetings
total $1,080 · program services $1,080
-
23 · Insurance
total $5,049 · program services $4,049 · management and general $1,000
-
24a · Other expenses: Miscellaneous
total $395 · program services $395 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $30,899 · end of year $49,886
-
2 · Savings and temporary cash investments
beginning of year $94,896 · end of year $93,229
-
8 · Inventories for sale or use
beginning of year $331 · end of year $207
-
9 · Prepaid expenses and deferred charges
beginning of year $4,680 · end of year $4,558
-
15 · Other assets
beginning of year $3,925
-
17 · Accounts payable and accrued expenses
beginning of year $10,982 · end of year $4,032
-
19 · Deferred revenue
beginning of year $17,274 · end of year $28,981
-
21 · Escrow or custodial account liability
beginning of year $6,207 · end of year $6,448
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $100,268 · end of year $108,419
Mission and programs · 2023
Mission
Indiana Artisan identifies, recognizes and promotes the highest quality art and foods made by Hoosier artisans today, Its mission is to develop a brand defined by that work and to expand the brand by helping artisans expand their businesses. This is accomplished through business-related education, networking and collaborations, promotions, and a variety of opportunities to increase sales, particularly the two Marketplaces, the two retail stores, and through use of the Viewbook.
Activities or mission (Part I)
Indiana Artisan is an economic development organization that identifies, recognizes, and promotes Indiana's highest-quality art and food artisans, helping them expand their businesses and through their work, expand a brand that defines Indiana by its art and food.
-
The Indiana Artisan Carmel store is a 2500 square-foot store strategically located in the Carmel Arts and Design District, a favorite shopping destination for residents of Carmel and other parts of Greater Indianapolis, as well as out-of-town visitors. Staffing of the store is by the President of Indiana Artisan and various artisans, which results in customers having an opportunity to speak directly to artisans. Nearly all of the merchandise is on consignment from the artisans, who receive 60 per cent of the sales price while the store receives 40 per cent. This gives the artisans a retail outlet they don't have to manage, and is an effective teaching tool for how they can expand their businesses. Expenses include President's time and promotional costs which are fully allocated to Carmel. Total revenues include a lease assistance grant of $48,000 and a Carmel Arts Grant of $28,480.
Expenses $112,588 · Revenue $136,554
-
The Indiana Artisan Viewbook is a 52-page, four-color publication illustrating the work of Indiana's highest-quality artisans and listing contact information for each. In 2023, 32,000 copies were printed, 22,000 of which were bundled with TravelIN Magazine. The remaining copies were distributed through individual Indiana Artisans and both Indiana Artisan stores.
Expenses $31,926 · Revenue $17,626
-
The Indiana Artisan Marketplace is an annual tradeshow of the Artisans' work. It is one way this organization helps the Artisans expand their businesses - by helping them sell at wholesale to retailers and at retail to the public. The Marketplace attracted 3,959 guests in 2023. 85 artisans hosted booths.
Expenses $56,755 · Revenue $62,229
-
The Indiana Artisan French Lick Resort Store is a 378 square-foot retail space inside the French Lick Resort Hotel. The store is staffed by four part-time employees, and, though small, carries the work of 60 per cent of the artisans, some of whom are not in the Carmel store, though most are. Like Carmel, it provides an opportunity for Artisans to have a retail outlet they don't have to manage. Like Carmel, Artisans receive 60% of sales. In 2023 the Holiday Marketplace was reintroduced as an opportunity for artisans to market their products. Although expenses exceeded revenues by $1,460, the artisans deemed it a success for them. Also, annual jurying of applicants for Indiana Artisan status and membership brought in revenue of $1,131 while incurring expense of $1,069.
Expenses $97,737 · Revenue $65,555
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Rosalyn Demaree
President
- Total calculated
- $51,500
- From this org
- $51,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Brian Blackford
Chair
- Total calculated
- $0
- Hours/week
- 4
-
William McCune
Treasurer
- Total calculated
- $0
- Hours/week
- 7
-
Amy Ahlersmeyer
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Chip Kalleen
Director
- Total calculated
- $0
- Hours/week
- 2
-
Carrie Abbott
Director
- Total calculated
- $0
- Hours/week
- 2
-
John Hughey
Director
- Total calculated
- $0
- Hours/week
- 2
-
Eric Rogers
Director
- Total calculated
- $0
- Hours/week
- 2
-
Cara Lee Wade
Secretary
- Total calculated
- $0
- Hours/week
- 4
-
Carrie Lambert
Director
- Total calculated
- $0
- Hours/week
- 2
-
Andrew Briggs
Director
- Total calculated
- $0
- Hours/week
- 2
-
Pam Newell
Director
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202421269349300712
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.