Indiana · Nonprofit
FINE ARTS SOCIETY OF INDIANAPOLIS
FINE ARTS SOCIETY OF INDIANAPOLIS (Indiana) receives grants from 14 organizations whose IRS filings report $532,922 to it, the largest being ARTS COUNCIL OF INDIANAPOLIS INC ($159,482). 7 of them have funded it in more than one year.
- Revenue FY2024
- $469k
- Funders on record
- 14
- Grants received
- $533k
- Net assets
- $604k
What Fine Arts Society of Indianapolis does
Mission
To inspire people with the power of classical music. This is achieved through the creation and syndication of on-air classical music programs to be broadcast by affiliate stations, whereby cmi provides broadcasting and programming. Cmi also serves a variety of special community off-air programs and collaborations to excite and engage diverse audiences.
As stated on its FY2024 Form 990.
Program
Streaming and syndication - cmi produces a classical music streaming channel; local music and new music for an audience of about 40,000 each year. Syndication, anytime classical serves clients providing classical music in idiana, ohio, washington, and oregon. We do not have enough revenue collected from our syndication program customers, so we use our restricted cash and general contributions to support this program. We also host a weekly radio program highlighting the arts in indiana, classical beat.
$239,499 spent$53,017 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $239,499.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.0M to $1.5M (+45%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 3% · 2018 3% · 2019 5% · 2020 8% · 2021 12% · 2022 2% · 2023 10% · 2024 4%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Julia Holbrook
Executive director
Board chair
Kent Cook
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $35k → $75k.
5 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FINE ARTS SOCIETY OF INDIANAPOLIS’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FINE ARTS SOCIETY OF INDIANAPOLIS leans on a few funders — its largest provides 30% of grant income and the top three 71%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
41% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FINE ARTS SOCIETY OF INDIANAPOLIS.
Largest funder’s share by year: 2017 100% · 2018 91% · 2019 54% · 2020 74% · 2021 59% · 2022 40% · 2023 60% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
44% of FINE ARTS SOCIETY OF INDIANAPOLIS's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
99% of FINE ARTS SOCIETY OF INDIANAPOLIS's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $47k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like FINE ARTS SOCIETY OF INDIANAPOLIS
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
51% of spending goes to programs.
Governance
Public support
51%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for FINE ARTS SOCIETY OF INDIANAPOLIS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FINE ARTS SOCIETY OF INDIANAPOLIS?
- FINE ARTS SOCIETY OF INDIANAPOLIS (Indiana) receives grants from 14 organizations whose IRS filings report $532,922 to it, the largest being ARTS COUNCIL OF INDIANAPOLIS INC ($159,482). 7 of them have funded it in more than one year.
- How many funders does FINE ARTS SOCIETY OF INDIANAPOLIS have?
- IRS filings report 14 organizations giving $532,922 in grants to FINE ARTS SOCIETY OF INDIANAPOLIS, 7 of which have funded it in more than one year.
- Who is the largest funder of FINE ARTS SOCIETY OF INDIANAPOLIS?
- ARTS COUNCIL OF INDIANAPOLIS INC is the largest funder on record, with $159,482 in grants. The full list of funders is on this page.
- How can an organization like FINE ARTS SOCIETY OF INDIANAPOLIS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Fine Arts Society of Indianapolis →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 14 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing