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Nonprofit · EIN 23-7002448

FINE ARTS SOCIETY OF INDIANAPOLIS

Tax-exempt · INDIANAPOLIS, IN 46202

Financials

$310K$672K2023$469K$473K2024
Revenue Expenses · by fiscal year end
Financials of FINE ARTS SOCIETY OF INDIANAPOLIS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$468,797$472,548-$3,751$640,410$36,068$604,342
December 31, 2023990$309,912$671,570-$361,658$624,394$48,063$576,331
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$403,051
of which government grants
$19,166
Program service revenue
$53,017
Investment income
$12,729
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$146,362
Other salaries and wages
$104,372
Salaries, compensation and benefits (total)
$295,284
Professional fundraising fees
$0
Accounting fees
$19,285
Occupancy
$8,918
Travel
$34
Depreciation
$2,653
Program services (functional)
$239,499
Management and general (functional)
$171,839
Fundraising (functional)
$61,210

Balance sheet and other

Total assets, start of year
$624,394
Total assets, end of year
$640,410
Total liabilities, end of year
$36,068
Net assets, end of year
$604,342
Land, buildings and equipment
$4,104
Publicly traded securities
$497,737
Net assets without donor restrictions
$580,259
Net assets with donor restrictions
$24,083
Gross receipts
$468,797
Employees
7
Volunteers
12
Year formed
1968
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JULIA HOLBROOKEXECUTIVE DIRECTOR
Officer
40$83,793$11,875
MICHAEL TOULOUSEPROGRAM DIRECTOR
Officer
40$49,483$1,211
KATHRYN PATTERSONIMMEDIATE PAST CHAIR
Trustee or director, Officer
5$0$0
KENT COOKCHAIR
Trustee or director, Officer
5$0$0
ALEX PANTOSVICE-CHAIR
Trustee or director, Officer
5$0$0
JANICE ROGERSECRETARY
Trustee or director, Officer
5$0$0
ED BELLOWSFINANCE COMMITTEE CHAIR
Trustee or director
5$0$0
GERALD V HINCHMANCHARTER & LIFETIME BOARD MEMBER
Trustee or director
5$0$0
DIANE ABRAMSBOARD MEMBER
Trustee or director
1$0$0
MOJA HARMONBOARD MEMBER
Trustee or director
1$0$0
JAMES B LOOTENSBOARD MEMBER
Trustee or director
1$0$0
PATRICK MCHUGHBOARD MEMBER
Trustee or director
1$0$0
DAVE MOOREBOARD MEMBER
Trustee or director
1$0$0
JORDAN WOODBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
JULIA HOLBROOKEXECUTIVE DIRECTOR
Officer
28$77,278$10,690
MICHAEL TOULOUSEPROGRAM DIRECTOR
Officer
12$76,447$2,293
KATHRYN PATTERSONCHAIR
Trustee or director, Officer
5$0$0
KENT COOKVICE-CHAIR
Trustee or director, Officer
5$0$0
JANICE ROGERSECRETARY
Trustee or director, Officer
5$0$0
GERALD V HINCHMANCHARTER & LIFETIME BOARD MEMBER
Trustee or director
1$0$0
DIANE ABRAMSBOARD MEMBER
Trustee or director
1$0$0
JEFF L BARBEEBOARD MEMBER
Trustee or director
1$0$0
VIVEK HADLEYBOARD MEMBER
Trustee or director
1$0$0
JAMES B LOOTENSBOARD MEMBER
Trustee or director
1$0$0
PATRICK MCHUGHBOARD MEMBER
Trustee or director
1$0$0
DAVE MOOREBOARD MEMBER
Trustee or director
1$0$0
ALEX PANTOSBOARD MEMBER
Trustee or director
1$0$0
MARIAN M PETTENGILLBOARD MEMBER
Trustee or director
1$0$0
STEPHANIA PFEIFFERBOARD MEMBER
Trustee or director
1$0$0
JORDAN WOODBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1630 N MERIDIAN STREET STE 240, INDIANAPOLIS, IN 46202-1429
Principal officer (990 for 2024)
JULIA HOLBROOK, 1630 N MERIDIAN ST 240, INDIANAPOLIS, IN 46202
Signed the 990
JULIA HOLBROOK, EXECUTIVE DIRECTOR
Phone
(317) 788-3291
Return prepared by
DONOVAN PC

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $239,499 · revenue $53,017

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7002448
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1969
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$640,410
Income (IRS master file)
$468,797

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$468,797$472,548$640,410XML
990December 2023$309,912$671,570$624,394XML
990December 2022$374,108$669,815$933,560IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7002448).

Questions about FINE ARTS SOCIETY OF INDIANAPOLIS

What is the EIN of FINE ARTS SOCIETY OF INDIANAPOLIS?
The employer identification number (EIN) of FINE ARTS SOCIETY OF INDIANAPOLIS is 23-7002448.
Is FINE ARTS SOCIETY OF INDIANAPOLIS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to FINE ARTS SOCIETY OF INDIANAPOLIS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FINE ARTS SOCIETY OF INDIANAPOLIS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FINE ARTS SOCIETY OF INDIANAPOLIS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FINE ARTS SOCIETY OF INDIANAPOLIS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FINE ARTS SOCIETY OF INDIANAPOLIS?
The 990 for the year ended December 31, 2024 names JULIA HOLBROOK.
Who are the officers and directors of FINE ARTS SOCIETY OF INDIANAPOLIS?
The 990 for the year ended December 31, 2024 lists 14 people; 2 received compensation from the organization, the highest $83,793 (JULIA HOLBROOK, EXECUTIVE DIRECTOR).
How much revenue does FINE ARTS SOCIETY OF INDIANAPOLIS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $468,797, expenses of $472,548 and total assets of $640,410 at year end.

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