Indiana · Nonprofit
INDIANAPOLIS ART CENTER INC
INDIANAPOLIS ART CENTER INC (Indiana) receives grants from 52 organizations whose IRS filings report $10,376,825 to it, the largest being LILLY ENDOWMENT INC ($4,853,900). 30 of them have funded it in more than one year.
- Revenue FY2025
- $6.2M
- Funders on record
- 52
- Grants received
- $10M
- Net assets
- $21M
What Indianapolis Art Center Inc does
Mission
The indy art center's mission is to provide accessible and inclusive art experiences that inspire creativity, educate, engage, and enrich our community.
As stated on its FY2025 Form 990.
Programs
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.…
$1,897,459 spent$1,532,526 earned by the program52% of program spendingExhibitions: 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.
$145,958 spent$41,688 earned by the program4% of program spendingCommunity 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.
$401,386 spent$227,212 earned by the program11% of program spendingCommunity programs: these programs serve as a creative environment for individuals to share their ideas, explore their curiosity, grow their confidence, develop creative problem-solving skills, and celebrate their accomplishments. Specific programs include artreach, senior artreach, adult artreach, art troop, veterans art day, art bus, and more.
$1,204,157 spent$60,886 earned by the program33% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,648,960.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $16M to $20M (+24%).
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 2% · 2020 4% · 2021 13% · 2022 2% · 2023 1% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
54% of INDIANAPOLIS ART CENTER INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 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.
Board chair
Jessica Brand
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 12 funders to 25 funders, grant income rose $388k → $3.0M.
9 of 52 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% 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 INDIANAPOLIS ART CENTER INC’s funders (the co-funder graph). Top 30 of 52 funders by total. 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
INDIANAPOLIS ART CENTER INC leans on a few funders — its largest provides 47% of grant income and the top three 67%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
27% 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 INDIANAPOLIS ART CENTER INC.
Largest funder’s share by year: 2017 36% · 2018 40% · 2019 39% · 2020 33% · 2021 30% · 2022 40% · 2023 76% — growing more concentrated.
“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
59% of INDIANAPOLIS ART CENTER INC's funders are still giving 3 years after their first grant; 58% 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
91% of INDIANAPOLIS ART CENTER INC's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.4M arriving through sponsors registered in 8 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.
Against its field
INDIANAPOLIS ART CENTER INC holds deeper cash reserves than three-quarters of the 3,230 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025
Government funding INDIANAPOLIS ART CENTER INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $85k on record.
- National Endowment for the Arts$85k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like INDIANAPOLIS ART CENTER INC
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
72% of spending goes to programs.
Governance
Public support
89%
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 INDIANAPOLIS ART CENTER INC: 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 INDIANAPOLIS ART CENTER INC?
- INDIANAPOLIS ART CENTER INC (Indiana) receives grants from 52 organizations whose IRS filings report $10,376,825 to it, the largest being LILLY ENDOWMENT INC ($4,853,900). 30 of them have funded it in more than one year.
- How many funders does INDIANAPOLIS ART CENTER INC have?
- IRS filings report 52 organizations giving $10,376,825 in grants to INDIANAPOLIS ART CENTER INC, 30 of which have funded it in more than one year.
- Who is the largest funder of INDIANAPOLIS ART CENTER INC?
- LILLY ENDOWMENT INC is the largest funder on record, with $4,853,900 in grants. The full list of funders is on this page.
- How can an organization like INDIANAPOLIS ART CENTER INC 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 Indianapolis Art Center →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 52 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