Skip to content
Nonprofiteer
← INDIANA ARTISAN INC

Form 990 for tax year 2025

Filed by INDIANA ARTISAN INC.

Totals

Total revenue
$302,966
Total expenses
$324,826
Contributions and grants received
$162,274
Grants paid
$0
Program service revenue
$58,031
Investment income
$2,645
Other revenue
$80,016
Total assets, end of year
$126,686
Total liabilities, end of year
$55,617
Net assets or fund balances, end of year
$71,069
Program services expenses (Part IX)
$273,627
Management and general expenses
$51,199
Fundraising expenses
$0
Program service expenses (Part III)
$273,627

Program services were 84.2% 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

    $18,737

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $9,694

  • 1f · All other contributions, gifts and grants

    $133,843

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Viewbook

    total $1,295 · related or exempt $1,295 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Marketplace

    total $54,776 · related or exempt $54,776 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Jury Fees

    total $1,217 · related or exempt $1,217 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: Workshops and Conversations

    total $743 · related or exempt $743 · 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 $2,645 · related or exempt $2,645 · 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 $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 10a · Gross sales of inventory

    $204,803

  • 10b · Cost of goods sold

    $124,860

  • 10c · Net income from sales of inventory

    total $79,943 · related or exempt $79,943 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $73 · related or exempt $73 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $73

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 $58,000 · program services $24,000 · management and general $34,000 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $32,466 · program services $32,466 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $7,130 · program services $4,500 · management and general $2,630 · fundraising $0

  • 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 $30,881 · program services $30,881 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $14,186 · program services $13,343 · management and general $843 · fundraising $0

  • 14 · Information technology

    total $6,364 · program services $4,364 · management and general $2,000

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $169,068 · program services $157,342 · management and general $11,726 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $5,899 · program services $5,899 · management and general $0 · fundraising $0

  • 24a · Other expenses: MISC

    total $832 · program services $832 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $42,588 · end of year $45,086

  • 2 · Savings and temporary cash investments

    beginning of year $81,161 · end of year $73,855

  • 8 · Inventories for sale or use

    beginning of year $361

  • 9 · Prepaid expenses and deferred charges

    beginning of year $405 · end of year $7,745

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,407 · end of year $4,519

  • 19 · Deferred revenue

    beginning of year $21,560 · end of year $44,954

  • 21 · Escrow or custodial account liability

    beginning of year $5,619 · end of year $6,144

  • 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 $92,929 · end of year $71,069

Mission and programs · 2025

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 percent of the sales price while the store receives 40 percent. 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.

    Expenses $162,506 · Revenue $196,983

  • 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 2024, 22,000 copies were printed, 12,000 of which were bundled with TravelIN Magazine. The remaining copies were distributed through individual Indiana Artisans and both Indiana Artisan stores.

    Expenses $1,433 · Revenue $1,295

  • 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 2,019 guests in 2025. 84 artisans hosted booths.

    Expenses $62,163 · Revenue $43,358

  • 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 part-time employees, and, though small, carries the work of 60 percent 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.

    Expenses $47,525 · Revenue $43,635

As filed on the 2025 return.

Listed in Part VII

  • Rosalyn Demaree

    President

    Total calculated
    $58,000
    From this org
    $58,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    50
  • David Mullins

    Chair

    Total calculated
    $0
    Hours/week
    7
  • Chip Kalleen

    Vice Chair

    Total calculated
    $0
    Hours/week
    2
  • David Daum

    Treasurer

    Total calculated
    $0
    Hours/week
    7
  • Brian Blackford

    Director

    Total calculated
    $0
    Hours/week
    2
  • Andrew Briggs

    Director

    Total calculated
    $0
    Hours/week
    2
  • John Hughey

    Director

    Total calculated
    $0
    Hours/week
    2
  • Pam Newell

    Director

    Total calculated
    $0
    Hours/week
    2
  • Ken Rabbers

    Director

    Total calculated
    $0
    Hours/week
    2
  • Amy Ahlersmeyer

    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
2025
Filed
1 May 2026
IRS schema version
2025v4.0
Source object
202611109349301076

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.