INDIANA ARTISAN INC

EIN: 270813316 501(c)(3) Arts, Culture & Humanities

Carmel, IN

Total Revenue
$302,966
Total Expenses
$324,826
Total Assets
$126,686
Net Assets
$71,069
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IN
Principal Officer
Rosalyn Demaree
Phone
3179649455
Tax Period
2025-01-01 to 2025-12-31

INDIANA ARTISAN INC, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $303K in total revenue in fiscal year 2025.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $162,274
Program Service Revenue $58,031
Investment Income $2,645
Other Revenue $80,016
TOTAL REVENUE $302,966

Expense Breakdown

Grants Paid $0
Salaries & Benefits $97,596
Fundraising Expenses $0
Program Expenses $273,627
Other Expenses $227,230
TOTAL EXPENSES $324,826

Year-over-Year Comparison

2025 2024 Change
Revenue $302,966 $302,906 +0.0%
Expenses $324,826 $318,397 +0.0%
Net Income $-21,860 $-15,491 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
9
Employees
24
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$58,000
Total Directors
9
$58,000
Key Employees
1
$58,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rosalyn Demaree President 50
Officer Director Key Emp Highest
$58,000 $0 $58,000
David Mullins Chair 7
Officer Director
$0 $0 $0
Chip Kalleen Vice Chair 2
Officer Director
$0 $0 $0
David Daum Treasurer 7
Officer Director
$0 $0 $0
Brian Blackford Director 2
Director
$0 $0 $0
Andrew Briggs Director 2
Director
$0 $0 $0
John Hughey Director 2
Director
$0 $0 $0
Pam Newell Director 2
Director
$0 $0 $0
Ken Rabbers Director 2
Director
$0 $0 $0
Amy Ahlersmeyer Director 2
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $302,966 $324,826 $126,686 $-21,860
2024 $302,906 $318,397 $124,515 $-15,491
2023 $334,249 $326,098 $147,880 $8,151
2022 $303,097 $298,278 $134,731 $4,819
2021 $235,666 $165,009 $147,469 $70,657
2020 $181,301 $165,731 $102,896 $15,570
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