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Indianapolis Art Center, Inc. Organization Name provided in the GuideStar Exchange* as of 05/04/2012: Indianapolis Art Center, Inc.

Organization Name as listed in the IRS Business Master File as of 08/11/2014: INDIANAPOLIS ART CENTER INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

AKA  I
Indianapolis, IN
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GuideStar Summary

&1002;                GuideStar Exchange Committed to transparency ?
This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2012, 2011, and 2010 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is not available
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Basic Organization Information

Indianapolis Art Center, Inc. Organization Name provided in the GuideStar Exchange* as of 05/04/2012: Indianapolis Art Center, Inc.

Organization Name as listed in the IRS Business Master File as of 08/11/2014: INDIANAPOLIS ART CENTER INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: I
Physical Address: Indianapolis, IN 46220 
EIN: 35-1088735
Web URL: www.indplsartcenter.org 
Blog URL: indplsartcenterblog.com/ 
NTEE Category: A Arts, Culture, and Humanities
A99 Other Art, Culture, Humanities Organizations/Services N.E.C.
A Arts, Culture, and Humanities
A25 Arts Education/Schools
A Arts, Culture, and Humanities
A40 Visual Arts Organizations
Ruling Year: 1961 


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Mission Statement

Established in 1934, the Indianapolis Art Center is an arts education institution that stresses the creative process, aesthetic response, skill development, the acquisition of knowledge and critical thinking. All Art Center programs are designed to provide the highest level of art instruction and awareness, highlight issues in contemporary art, enhance self-worth, build awareness of other cultures, build community and connect people, maintain open accessibility, take a leadership role in arts advocacy, highlight the value of art in our society, and promote art as a tool for human development.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses (IRS Form 990, September 2011)

Fiscal Year Starting: September 01, 2011
Fiscal Year Ending: August 31, 2012

Total Revenue $2,481,696
Total Expenses $2,841,587

Revenue & Expenses

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

Financial Statements

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Annual Reports

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Leadership (GuideStar Exchange,
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May 2012)

Mr Carter Wolf

Term:

Since July 2009

Board Chair (GuideStar Exchange,
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May 2012)

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Board Co-Chair

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Board of Directors (GuideStar Exchange,
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May 2012)

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Board Leadership Practices (GuideStar Exchange,
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May 2012)
?

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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People information was last updated by the nonprofit in May 2012

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Programs

Program: (GuideStar Exchange,
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May 2012)

Budget:
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Population Served:

Program Description:

Each semester, the Art Center offers over 180 studio art classes to the general public, regardless of skill level, in a variety of media including ceramics, painting, drawing, computer graphics, photography, printmaking, glass blowing, steel and stone sculpture, woodworking and metalsmithing. Art Center classes are taught by working, professional artists. More than 5,000 students annually enroll. The Art Center also presents more than 30 rotating exhibitions each year, focusing on the work of living Indiana and regional artists. To maximize accessibility, all exhibitions are open to the public free of charge. Our Outreach Program provides free programs to over 3,000 participants that increase accessibility to artistic experience, engaging underserved and/or culturally diverse audiences.

Program Long-Term Success:

The Art Center presented two major exhibitions in 2000-2001 that were recognized by the Indianapolis Star as among the 10 best local exhibits for those years. The Art of Combat: Artists of the Vietnam War Then and Now, focused on work from the U.S. Army's collection of work created by combat artists during the Vietnam War. Ceremony and Ritual: The Art of Willis "Bing" Davis, received acclaim for it ability to convey Africa's social and aesthetic traditions as positive influences on contemporary life.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Program: Education (GuideStar Exchange,
The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
May 2012)

Budget:
$1,256,999
Category:
Arts, Culture & Humanities
Population Served:
General Public/Unspecified

Program Description:

300 studio classes each fall and spring semester including traditional favorites like ceramics, painting, drawing and glassblowing. Summer programming encourages life-long learning and a Day Camp serving children 7-12 years old.

Program Long-Term Success:

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Program: Exhibitions (GuideStar Exchange,
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May 2012)

Budget:
$473,358
Category:
Arts, Culture & Humanities
Population Served:
General Public/Unspecified

Program Description:

Art Center exhibitions, related programs and guided tours provide aesthetic experiences for over 60,000 visitors annually. Referral services benefit regional artisits and the library/periodical services benefits artists and the general public. The exhibition program also assists the Center's annual Broad Ripple Art Fair that attracts approximately 250 artist participants and 20,000 visitors annually.

Program Long-Term Success:

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Program: Outreach (GuideStar Exchange,
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May 2012)

Budget:
$280,592
Category:
Arts, Culture & Humanities
Population Served:
Children and Youth (infants - 19 years.)

Program Description:

ArtReach, the Center's core outreach program, provides exciting opportunities for Indianapolis youths to experience art and culture through in-depth arts education activities. The program has two main components: 1) Two hours weekly of facilitated art instruction in a variety of media includig painting, drawing, sculpture, mask making and collage, 2) visits to ArtsPark, the Center's 7-acre outdoor sculpture park where they work with instructors to make and discuss art, 3) The month-long Annual Michael Carroll ArtReach Exhibition displays students work professional in the Center and the "American Scene" that empowers youth to make a positive difference in their community through the creation of public art.

Program Long-Term Success:

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

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Impact Summary from the Nonprofit

This organization has not provided an impact summary.
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