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      <Desc>The Indiana Artisan Carmel store is a 2500 square-foot store strategically located in the Carmel Arts and Design District, a favorite shopping destination for residents of Carmel and other parts of Greater Indianapolis, as well as out-of-town visitors. Staffing of the store is by the President of Indiana Artisan and various artisans, which results in customers having an opportunity to speak directly to artisans. Nearly all of the merchandise is on consignment from the artisans, who receive 60 per cent of the sales price while the store receives 40 per cent. This gives the artisans a retail outlet they don't have to manage, and is an effective teaching tool for how they can expand their businesses. Expenses include President's time and promotional costs which are fully allocated to Carmel. Total revenues include a lease assistance grant of $48,000 and a Carmel Arts Grant of $28,480.</Desc>
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        <Desc>The Indiana Artisan Viewbook is a 52-page, four-color publication illustrating the work of Indiana's highest-quality artisans and listing contact information for each. In 2023, 32,000 copies were printed, 22,000 of which were bundled with TravelIN Magazine. The remaining copies were distributed through individual Indiana Artisans and both Indiana Artisan stores.</Desc>
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        <Desc>The Indiana Artisan Marketplace is an annual tradeshow of the Artisans' work. It is one way this organization helps the Artisans expand their businesses - by helping them sell at wholesale to retailers and at retail to the public. The Marketplace attracted 3,959 guests in 2023. 85 artisans hosted booths.</Desc>
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        <FormAndLineReferenceDesc>Schedule D, Part IV, Line 1b</FormAndLineReferenceDesc>
        <ExplanationTxt>Indiana Artisan has agreed to act as a "bank" for some community travel and visitation organizations under a program entitled "Glass Trail." Receipts are deposited with Indiana Artisan and related expenses are presented to Indiana Artisan for payment. Balance is carried as a liability on the Indiana Artisan Balance Sheet.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Schedule D, Part IV, Line 2b</FormAndLineReferenceDesc>
        <ExplanationTxt>Several community travel and visitor bureaus have joined together to promote the "Glass Trail." They have asked Indiana Artisan to act as their "bank," recording receipts and paying applicable expenses for the "Glass Trail." The balance owed is carried as a liability on the Indiana Artisan Balance Sheet.</ExplanationTxt>
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        <ExplanationTxt>For the first time since 2016, Holiday Marketplace, a two day event in which several of the artisans are all in one central place, was held in 2023. The event had been postponed in previous years due to the fear that it would not prove profitable for the corporation. While the event in 2023 did suffer a small loss of $1,460, it did generate $21,606 in gross income, and the participating artisans were all pleased with their earnings.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>The entire board of directors reviewed the 2023 Form 990 prior to filing.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>Board members annually sign the Conflict of Interest Policy. New board members sign upon election.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 15</FormAndLineReferenceDesc>
        <ExplanationTxt>The Chairperson of the Board solicited input from other board members, then met with the President for a performance review. Following the performance review, the Chairperson and the Treasurer met and recommended a salary increase for the President, which was then approved by the Board.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization's mission statement is on the website, at www.indianaartisan.org. Its governing documents conflict of interest policy and financial statements are available upon request made to the President.</ExplanationTxt>
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