Overview
What is Arts Council Of Indianapolis Inc?
The Arts Council of Indianapolis Inc, often referenced as Indy Arts Council, is a nonprofit organization situated in Indianapolis, Indiana. Their primary mission is to support and advocate for the long-term sustainability of the arts. They empower artists and strengthen the capacity of arts organizations through their high-quality service platform. Acting as a voice and convener for the arts and cultural community, they integrate arts into community projects and collaborative partnerships. By demonstrating operational excellence, they effectively manage their resources and relationships. The Arts Council of Indianapolis fosters meaningful engagement in the arts, nurturing a culture where artists and arts organizations thrive, ultimately enriching the local community.
Official website here: www.indyarts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating) from Charity Navigator.
The Arts Council Of Indianapolis Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored 97% in the Accountability & Finance category, which indicates robust governance practices and transparency in its operations. Particularly noteworthy is the fact that all board members are independent, enhancing the integrity of the council's decision-making processes.
Key strengths include outstanding performance on financial metrics, such as a program expense ratio of 93.91%, denoting that a significant portion of its expenditures directly supports its mission. Additionally, the organization demonstrates excellent fundraising efficiency, with minimal costs incurred in relation to the funds raised. These financial indicators suggest that the Arts Council is effectively using its resources to benefit the community.
While the data does not highlight specific limitations, the overall high scores across various metrics suggest that the organization is operating at a high level of efficiency and governance. This strong rating positions the Arts Council Of Indianapolis Inc as a reliable entity for donors and stakeholders interested in supporting the arts in the region.
This AI summary has been generated from information found on Charity Navigator.
Is Arts Council Of Indianapolis Inc legitimate?
Arts Council Of Indianapolis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arts Council Of Indianapolis Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $191,936
Professional Fundraising Fees: $0
Other Salaries and Wages: $861,704
For more financial information, click here
Official website here: www.indyarts.org
What is the mission statement of Arts Council Of Indianapolis Inc?
The Arts Council of Indianapolis fosters meaningful engagement in the arts by nurturing a culture where artists and arts organizations thrive. Their mission is to contribute to and advocate for the long-term viability of the arts, empower artists, and build the capacity of arts organizations through a high-quality platform of services. They aim to be the voice and convenor of the arts and cultural community, integrating the arts into community projects and collaborative partnerships. The organization demonstrates operational excellence by effectively stewarding its resources and relationships.
Official website here: www.indyarts.org
Who is the CEO of Arts Council Of Indianapolis Inc?
Julie Goodman is the Chairman of Arts Council Of Indianapolis Inc. The CEO's salary of Arts Council Of Indianapolis Inc is $172,691 and their total compensation is $191,936.
Official website here: www.indyarts.org
What is the revenue of Arts Council Of Indianapolis Inc?
Arts Council Of Indianapolis Inc's revenue in 2022 was $4,531,851.
Official website here: www.indyarts.org
Who are the executives of Arts Council Of Indianapolis Inc and what are their salaries?
The average compensation at Arts Council Of Indianapolis Inc during 2022 was $58,536. There are 18 employees and 33 volunteers at Arts Council Of Indianapolis Inc.
Here are 34 key members and their salaries (Arts Council Of Indianapolis Inc's CEO's salary is $172,691 and their total compensation is $191,936):
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Official website here: www.indyarts.org
Where can I find the form 990 for Arts Council Of Indianapolis Inc?
Arts Council Of Indianapolis Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.indyarts.org
Learn more at the official website: www.indyarts.org
Mission Statement of Arts Council Of Indianapolis Inc
The Arts Council of Indianapolis plays a pivotal role in fostering meaningful engagement with the arts by nurturing a culture that allows artists and arts organizations to flourish. Their mission is multifaceted, encompassing several key objectives. They contribute to and advocate for the long-term viability of the arts, ensuring the sector's sustainability. Furthermore, they empower artists and bolster the capacity of arts organizations through a high-quality platform of services. The Arts Council of Indianapolis serves as a voice and convener for the arts and cultural community, bringing various stakeholders together to collaborate and integrate the arts into community projects. Lastly, they demonstrate operational excellence by effectively stewarding their resources and relationships, ensuring that they are utilized to the fullest extent. In essence, the Arts Council of Indianapolis aims to create a thriving arts ecosystem where artists and organizations can thrive and make significant contributions to their community.
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Impact
October, 2024
The Arts Council of Indianapolis Inc significantly enriches the cultural landscape of the city by fostering meaningful engagement in the arts and nurturing an environment where artists and arts organizations can thrive. Through a commitment to advocating for the long-term viability of the arts, the council empowers artists and enhances the capabilities of arts organizations.
Their initiatives focus on integrating the arts into community projects and collaborative partnerships, thereby reinforcing the community's connection to cultural expression. By serving as a voice and convener for the arts and cultural community, the Arts Council plays a pivotal role in raising awareness and appreciation for the arts, ensuring that they remain a vital part of Indianapolis's identity. The council also emphasizes operational excellence, effectively stewarding resources and relationships to maximize impact. Overall, their work cultivates a vibrant arts scene that benefits individuals and the broader community alike.
This information is meant to be a general summary of Arts Council Of Indianapolis Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $74,404
- Program Service Revenue: $354,344
- Gross Receipts: $5,141,717
Assets and Liabilities:
- Total Assets: $7,296,643
- Total Liabilities: $1,562,595
- Net Assets: $5,734,048
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ARTSGARDEN RENTAL
Revenue
$354,344
Organization Details
Founding Year
1987
Phone
(317) 631-3301Principal Officer
Julie Goodman
Main Address
924 NORTH PENNSYLVANIA STREET, INDIANAPOLIS, IN, 46204
Website
www.indyarts.orgNTEE Category
Code: A260 - Arts
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