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Indiana · Nonprofit

Premier Arts Inc

Premier Arts Inc (Indiana) receives grants from 11 organizations whose IRS filings report $2,108,248 to it, the largest being COMMUNITY FOUNDATION OF ELKHART COUNTY INC ($1,435,711). 7 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$4.2M
Funders on record
11
Grants received
$2.1M
Net assets
$-137402
7/11 repeat funderspeak grant-dependency 32%
01What it does

What Premier Arts Inc does

Mission

Premier Arts inspires imagination and develops the creative spirit of the community through performing arts education, entertainment, and integrated arts-based learning opportunities focused on youth, families, and lifelong learning. The organization promotes creativity, critical thinking, collaboration, confidence, character development, and civic pride.

As stated on its FY2025 Form 990.

Programs

  1. Premier Arts Academy utilizes the arts as a catalyst to provide a rigorous, project-based curriculum that blends academic achievement with artistic excellence, preparing students to become the next generation of creative leaders. The Academy is a free, chartered public school offering integrated arts and core academic learning.

    $3,347,462 spent$3,314,187 earned by the program
    82% of program spending
  2. Premier Arts, Inc. is dedicated to performing arts within the community and the production of a wide variety of cultural performances.

    $714,115 spent$304,721 earned by the program
    18% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,061,577.

02The organization over time

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.

100 = 20172017 Revenue 100 ($734k) Expenses 100 ($740k) Net assets 100 ($334k)2018 Revenue 136 ($1.0M) Expenses 130 ($962k) Net assets 112 ($372k)2019 Revenue 122 ($899k) Expenses 119 ($883k) Net assets 116 ($388k)2020 Revenue 90 ($658k) Expenses 84 ($624k) Net assets 144 ($479k)2021 Revenue 111 ($816k) Expenses 110 ($814k) Net assets 128 ($427k)2022 Revenue 137 ($1.0M) Expenses 128 ($948k) Net assets 143 ($479k)2023 Revenue 350 ($2.6M) Expenses 313 ($2.3M) Net assets 219 ($732k)2024 Revenue 227 ($1.7M) Expenses 238 ($1.8M) Net assets 171 ($572k)2025 Revenue 574 ($4.2M) Expenses 667 ($4.9M) Net assets -41 ($-137402)
'17'18'19'20'21'22'23'24'25
Revenue (574)Expenses (667)Net assets (-41)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $619k to $1.1M (+79%).

$341k
$385k
$401k
$480k
$427k
$619k
$1.1M
$1.3M
$1.6M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 14% · 2023 27% · 2024 30% · 2025 76%. Grants only. Government contracts and fees sit inside program revenue.

87% of Premier Arts Inc’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$7k
’17
$39k
’18
$15k
’19
$34k
’20
$2k
’21
$53k
’22
$252k
’23
−$90k
’24
−$722k
’25
0.5
months of
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

Craig Gibson

Executive Director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed171715141212101011
Joined·+1+2+1+0+0+2+0+3
No longer listed·14220402
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 6 funders, grant income rose $124k → $425k.

3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 70% 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 Premier Arts Inc’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

Premier Arts Inc leans on a few funders — its largest provides 68% of grant income and the top three 89%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

71% 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 Premier Arts Inc.

68%
largest funder
89%
top three
~2
effective funders

Largest funder’s share by year: 2017 65% · 2018 87% · 2019 66% · 2020 95% · 2021 77% · 2022 64% · 2023 61% — 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

57% of Premier Arts Inc's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

70% of Premier Arts Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $622k that is directly attributable, 99% of it comes from Indiana funders.

IN
KY

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $1.5M arriving through sponsors registered in 2 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.

04Its place in the field

Against its field

Premier Arts Inc has grown faster than three-quarters of the 3,430 arts & culture nonprofits its size.

Operating margin−17% · bottom quartile
Months of reserve0.5mo · bottom quartile
Revenue growth (annualized)24% · top quartile

this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025

Organizations like Premier Arts 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 17%Fundraising 1%

Governance

9
board members
100%
independent
–Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for Premier Arts 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Premier Arts Inc?
Premier Arts Inc (Indiana) receives grants from 11 organizations whose IRS filings report $2,108,248 to it, the largest being COMMUNITY FOUNDATION OF ELKHART COUNTY INC ($1,435,711). 7 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Premier Arts Inc have?
IRS filings report 11 organizations giving $2,108,248 in grants to Premier Arts Inc, 7 of which have funded it in more than one year.
Who is the largest funder of Premier Arts Inc?
COMMUNITY FOUNDATION OF ELKHART COUNTY INC is the largest funder on record, with $1,435,711 in grants. The full list of funders is on this page.
How can an organization like Premier Arts 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 Premier Arts →

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 11 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 22, 2026. What this page cannot tell you · view filing