INDIANAPOLIS ART CENTER INC

EIN: 351088735 501(c)(3) Arts, Culture & Humanities

INDIANAPOLIS, IN

Total Revenue
$6,183,922
Total Expenses
$5,069,466
Total Assets
$22,585,118
Net Assets
$21,010,049
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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
IN
Principal Officer
MARK WILLIAMS
Phone
3172552464
Tax Period
2024-09-01 to 2025-08-31

INDIANAPOLIS ART CENTER INC, founded in 1961, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.2M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $1.1M, a strong 18% operating margin.

Mission

THE INDY ART CENTER'S MISSION IS TO PROVIDE ACCESSIBLE AND INCLUSIVE ART EXPERIENCES THAT INSPIRE CREATIVITY, EDUCATE, ENGAGE, AND ENRICH OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $1,897,459 Revenue: $1,532,526

EDUCATION PROGRAMS AND ART CLASSES: THE ART CENTER PROMOTES LIFE-LONG LEARNING THROUGH HANDS-ON ART CLASSES, WORKSHOPS AND ART ACTIVITIES. PROGRAMS ARE DESIGNED TO SERVE A WIDE VARIETY OF AUDIENCES...

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EDUCATION PROGRAMS AND ART CLASSES: THE ART CENTER PROMOTES LIFE-LONG LEARNING THROUGH HANDS-ON ART CLASSES, WORKSHOPS AND ART ACTIVITIES. PROGRAMS ARE DESIGNED TO SERVE A WIDE VARIETY OF AUDIENCES AND SKILL LEVELS, RANGING FROM BEGINNING TO ADVANCED STUDENTS, AGES TWO AND UP. EACH YEAR, THE ART CENTER OFFERS MORE THAN 1900 STUDIO AND ONLINE ART CLASSES AND PROGRAMS IN A VARIETY OF MEDIUMS INCLUDING DRAWING, PAINTING, CERAMICS, METALSMITHING, GLASS BLOWING, WOODWORKING, PRINTMAKING, DIGITAL ARTS, PHOTOGRAPHY, SCULPTURE, AND TEXTILES AS WELL AS VISITING ARTIST LECTURES, DEMOS AND WORKSHOPS. TO MEET THE DIVERSE NEEDS OF OUR COMMUNITY, THE ART CENTER OFFERS A WIDE VARIETY OF HANDS-ON ART EXPERIENCES INCLUDING TWO-HOUR SAMPLE CLASSES ("MAKE IT TAKE ITS"), ONE AND TWO-DAY WORKSHOPS AND CLASSES RANGING FROM FOUR TO FIFTEEN WEEKS IN LENGTH. ANNUALLY, THESE PROGRAMS SERVE APPROXIMATELY 9,000 PEOPLE. CLASSES ARE FEE-BASED; HOWEVER, TUITION ASSISTANCE IS AVAILABLE TO LOW TO MIDDLE INCOME FAMILIES, PEOPLE WITH DISABILITIES AND VETERANS. CLASSES ARE SELECTED BY THE ART CENTER'S EDUCATION DEPARTMENT AND 100-MEMBER FACULTY BASED ON CURRENT TRENDS IN ARTS EDUCATION AND FEEDBACK FROM STUDENTS. ADDITIONALLY, THE ART CENTER OFFERS EDUCATION CREDITS AT LOCAL UNIVERSITIES AND PROVIDES PROGRAMMING AT SCHOOLS AND COMMUNITY ORGANIZATIONS.

Program 2
Expenses: $145,958 Revenue: $41,688

EXHIBITIONS: THE ART CENTER'S EXHIBITION PROGRAM PRESENTS UP TO 20 MAJOR ANNUAL CONTEMPORARY ART EXHIBITIONS IN SEVEN GALLERY SPACES. THESE 6-8 WEEKLONG EXHIBITIONS INCLUDE TWO ANNUAL EXHIBITIONS, A...

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EXHIBITIONS: THE ART CENTER'S EXHIBITION PROGRAM PRESENTS UP TO 20 MAJOR ANNUAL CONTEMPORARY ART EXHIBITIONS IN SEVEN GALLERY SPACES. THESE 6-8 WEEKLONG EXHIBITIONS INCLUDE TWO ANNUAL EXHIBITIONS, A STUDENT SHOW AND A FACULTY SHOW, AS WELL AS CURATED AND JURIED EXHIBITIONS FOCUSING ON THE STATE OF CONTEMPORARY ART LOCALLY, REGIONALLY, AND NATIONALLY. THE ART CENTER HAS DEVELOPED A REPUTATION AS A STRONG CONTEMPORARY GALLERY AND STRIVES TO BRING COMPELLING WORK TO THE INDIANAPOLIS COMMUNITY THAT ENGAGES AND CHALLENGES THE MIND AND SPIRIT. IN ADDITION TO THE MAJOR EXHIBITIONS, THE ART CENTER MANAGES AUXILIARY STUDENT, OUTREACH AND COMMUNITY GALLERIES AS WELL AS A 9.5-ACRE SCULPTURE GARDEN ("ARTSPARK"). SEEKING TO ENGAGE MORE OF THE COMMUNITY, THE ART CENTER ACTIVELY PURSUES COLLABORATIONS WITH OTHER LOCAL ORGANIZATIONS TO INCREASE REACH, VISIBILITY, AND SCOPE.

Program 3
Expenses: $401,386 Revenue: $227,212

COMMUNITY CELEBRATIONS: THE BROAD RIPPLE ART FAIR (BRAF): ESTABLISHED IN 1971, BRAF IS THE ART CENTER'S LARGEST 2-DAY PROGRAM AND KICKOFF TO INDIANAPOLIS' SUMMER FESTIVAL SEASON. AS INDIANA'S TOP...

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COMMUNITY CELEBRATIONS: THE BROAD RIPPLE ART FAIR (BRAF): ESTABLISHED IN 1971, BRAF IS THE ART CENTER'S LARGEST 2-DAY PROGRAM AND KICKOFF TO INDIANAPOLIS' SUMMER FESTIVAL SEASON. AS INDIANA'S TOP NATIONALLY RANKED FAIR, BRAF ATTRACTS OVER 10,000 VISITORS, SHOWCASING 175+ PROFESSIONAL ARTISTS AND 30 EMERGING ARTISTS FROM ACROSS THE COUNTRY. BRAF FEATURES FREE CHILDREN'S ACTIVITIES, AN OPEN HOUSE AT THE ART CENTER, MUSICAL ENTERTAINMENT CURATED BY INDY JAZZ FEST, FOOD COURTS, AND CRAFT-BREWED BEER AND WINE. BRAF TAKES PLACE THE THIRD WEEKEND IN MAY ON THE GROUNDS OF THE ART CENTER. ALL PROCEEDS FROM BRAF DIRECTLY SUPPORT THE ART CENTER'S CORE PROGRAMS: EDUCATION, EXHIBITIONS, AND OUTREACH.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,361,395
Program Service Revenue $1,862,312
Investment Income $971,642
Other Revenue $-11,427
TOTAL REVENUE $6,183,922

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,652,261
Fundraising Expenses $516,352
Program Expenses $3,648,960
Other Expenses $2,417,205
TOTAL EXPENSES $5,069,466

Year-over-Year Comparison

2024 2023 Change
Revenue $6,183,922 $7,483,827 -0.2%
Expenses $5,069,466 $4,457,059 +0.1%
Net Income $1,114,456 $3,026,768 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
20
Employees
298
Volunteers
400

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
5
$183,648
Total Directors
21
$183,648
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK WILLIAMS PRESIDENT AND EXEC. DIRECT 50.00
Officer Director
$171,182 $12,466 $183,648
JESSICA BRAND CHAIR 2.00
Officer Director
$0 $0 $0
MARY MCCONNELL VICE CHAIR 2.00
Officer Director
$0 $0 $0
CHRISTY BECKER SECRETARY 2.00
Officer Director
$0 $0 $0
ASHLEY VUKOVITS TREASURER 2.00
Officer Director
$0 $0 $0
MANDE ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
AMY CHAMBERS BOARD MEMBER 1.00
Director
$0 $0 $0
GEMMA DICKINSON BOARD MEMBER 1.00
Director
$0 $0 $0
MALINDA ENNIS BOARD MEMBER 1.00
Director
$0 $0 $0
MARY MAXWELL BOARD MEMBER 1.00
Director
$0 $0 $0
SHIRLEY MUELLER BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH PARKS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS POHL BOARD MEMBER 1.00
Director
$0 $0 $0
NEWELL O PUGH JR BOARD MEMBER 1.00
Director
$0 $0 $0
JR RENBARGER BOARD MEMBER 1.00
Director
$0 $0 $0
NIKKI ROGERS BOARD MEMBER 1.00
Director
$0 $0 $0
DIANE SEYBERT BOARD MEMBER 1.00
Director
$0 $0 $0
MADELINE SUTPHIN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID VONNEGUT-GABOVITCH BOARD MEMBER 1.00
Director
$0 $0 $0
MARTHA WENTWORTH BOARD MEMBER 1.00
Director
$0 $0 $0
JERRY WILEY BOARD MEMBER 1.00
Director
$0 $0 $0
ALLISON BADGERO VP OF DEVELOPMENT 40.00
Highest
$113,349 $11,488 $124,837
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 $6,183,922 $5,069,466 $22,585,118 $1,114,456
2024 $7,483,827 $4,457,059 $20,119,837 $3,026,768
2023 $4,127,242 $4,046,503 $16,196,989 $80,739
2022 $3,557,487 $3,557,715 $15,508,061 $-228
2021 $3,948,601 $3,318,591 $17,635,206 $630,010
2020 $2,541,506 $2,979,770 $16,161,417 $-438,264
2019 $2,797,596 $3,640,892 $16,053,501 $-843,296
2018 $2,844,721 $3,527,919 $17,006,186 $-683,198
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