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HomeMy WebLinkAboutResolution_BPW_01-19-22-17_Arts Grant_35600.00_Indiana Artisan, Inc.RESOLUTION NO. BPW 01-19-22-17 RESOLUTION OF THE CITY OF CARMEL BOARD OF PUBLIC WORKS AND SAFETY ACKNOWLEDGING ARTS GRANT PROGRAM AGREEMENT WHEREAS, pursuant to Indiana Code 36-1-4-7, the City of Carmel, Indiana (“City”), is authorized to enter into contracts; and WHEREAS, pursuant to Indiana Code 36-4-5-3, the City’smayor may enter into contracts on behalf ofthe City; and WHEREAS, pursuant to his authority under Indiana law, the City’smayor, the Honorable James C. Brainard, has caused to be signed the Arts Grant attached hereto as Exhibit A (the “Contract”); and WHEREAS, Mayor Brainard now wishes to present the contract to the City’sBoard of Public Works and Safety for it to be publicly acknowledged, filed in the Clerk’sOffice, and made available to the public for review. NOW, THEREFORE, BE IT RESOLVED by the City of Carmel Board of Public Works and Safety as follows: 1. The foregoing Recitals are incorporated herein by this reference. 2. The receipt ofthe Contract is hereby acknowledged. 3. The Contract shall be promptly filed in the office of the Clerk and thereafter made available to the public for review. SO RESOLVED this day of , 2022. CITY OF CARMEL, INDIANA By and through its Board of Public Works and Safety BY: James Brainard, Presiding Officer Date: Mary Ann Burke, Member Date: Lori S. Watson, Member Date: ATTEST: Sue Wolfgang, Clerk Date: S:\\EBass\\MyDocuments\\BPW-Resolutions\\2022\\Acknowledge ArtsGrant IndianaArtisan.docx1/7/20221:04PM DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 1/19/2022 19th 1/19/2022 1/19/2022 1/19/2022 January NDIANP ARTS GRANT PROGRAM AGREEMENT This Grant Agreement (herein referred to as "Agreement') entered into by and between the CityofCarmel (the "City") and LNOIANA A{ MS0,t.L (theGrantee"), is executed pursuant to the terms and conditions set forth herein. In consideration of those mutual undertakings and covenants, the parties agree as follows: 1. That on behalf of Grantee, a not -for -profit corporation, 1, Lyty V DE new an authorized representative of Grantee, have applied for a City of Carmel Grantor") Arts Grant, said application attached hereto and made a part hereof asExhibit "A." 2. Grant Agreement. The City, after review and recommendation by the Mayor, agrees to grant $ 35 , 600 .00 to the Grantee for the eligible costs of the project (the "Project") or services as described in Exhibits "A" and "B" of this Agreement. The funds shall be used exclusively in accordance with the provisions contained in this Agreement. Generally, the Grant award may not exceed one third 1/3) of Grantee's combined contributed income, revenue of sales, and/or ticket revenue from the previous year. The City of Carmel may, however, make exceptions for start-up organizations that have been in existence for three (3) years or less. 3. Design and Implementation of Project. The Grantee agrees to use any and all grant funds in accordance with the proposal contained within this agreement and anydocumentsattachedtothisAgreement, which are incorporated by reference. 4. Warranty of non-profit status. Grantee hereby represents and warrants that it is a not -for -profit entity with a determination letter from the Internal Revenue Service declaring that it is exempt from Federal income tax. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 5. Payment of Grant Funds by the City. The payment of this Grant by the City to theGranteeshallbemadeinaccordancewiththefollowingconditions: A. This Agreement must be fully executed and signed by both Grantee and Grantor. B. Grantee has attached all the following information, which it represents and warrantstobetrueandaccurate, all which have been incorporated fully by reference: 1. An application and description of the proposed use of the grant funds (EXHIBITA); 2. A budget for the calendar or fiscal year for which the grant is requestedEXHIBITB); 3. Certified copies of incorporation as a not -for -profit corporation under state lawEXHIBITC); 4. A not -for -profit application or determination letter from the U.S. Internal Revenue Service identifying that it is a not -for -profit corporation that is exempt fromFederalincometax (EXHIBIT D); 5. Any audits, reviews or compilations available describing the financial conditionoftheGrantee, unaudited Balance Sheet and Income Statement, most recent available IRS Form 990, and the attached Affidavit (EXHIBIT E); 6. A list of the Grantee's board of directors and officers listed (EXHIBIT F); 7. A Year End Report from the previous year if Grantee received an Arts Grant from the City of Cannel in the previous calendar year, pursuant to paragraph 8 hereinEXHIBITG). C. Any other grant conditions that City requires to be met by Grantee, specifically: 6. Grantor's right to request audit or review. Grantee shall submit to an audit or review by an independent Certified Public Accountant of funds at the City's request, and shall make all books, accounting records and other documents available at all reasonable times during the term of this Grant Agreement, and for a period of three3) years after final payment of funds under this Agreement, for the purpose of anauditbytheCityofCarmel, the State of Indiana, or their designees. Said review or audit, if requested, shall be performed by a Certified Public Accountant ("CPA") who 2 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF is neither an employee of Grantee nor a member of the Grantee's Board of Directors, to be provided to the City of Carmel by March 31 of the following year. 7. Quarterly financial statements. Grantee agrees to provide the City of Carmel quarterly financial statements within 45 days after each quarter -end for Grant awards in excess of sixty thousand dollars ($60,000). 8. Year-end review. Grantee agrees to provide the City of Carmel a year-end report Year End Report") for each year, describing how the grant was used and the impact of the dollars received. 9. Funding Credit. Grantee agrees to credit the City of Carmel in the printed materials associated with a funded program or project. The City of Cannel will supply, upon request, Grantee with the graphics/logos necessary for compliance. 10. Statutory Authority of Grantee. The Grantee expressly represents and warrants to the City that it is statutorily eligible to receive these monies and it expressly agrees to repay all monies paid to it under this Grant, should a legal determination of its ineligibility be made by any Court of competent jurisdiction. 11. Use of Grant Funds by Grantee. The funds received by the Grantee pursuant to this Agreement shall be used only to implement the Project or provide the services in conformance with the Budget and for no other purpose. If it is determined by the City that misappropriation of funds have occurred, the Grantee must return all funds received by Grantor and individuals who misuse Grant funds may also be subject to civil and/or criminal liability under Indiana and Federal law. 12. Employment Eligibility Verification. The Grantee affirms under the penalties of perjury that he/she/it does not knowingly employ an unauthorized alien. The Grantee affirms under the penalties of perjury that he/she/it has enrolled and is participating in the E-Verify program as defined in IC 22-5-1.7. The Grantee agrees to provide documentation to the City that he/she/it has enrolled and is participating in the E-Verify program. The City may terminate for default if the Grantee fails to cure a breach of this provision no later than thirty (30) days after being notified by the State. 13. Governing Law; Lawsuits. This Agreement is to be construed in accordance with and governed by the laws of the State of Indiana, except for its conflict of laws provisions. The parties agree that, in the event a lawsuit is filed hereunder, they waive their right to a jury trial, agree to file any such lawsuit in an appropriate court in Hamilton County, Indiana only, and agree that such court is the appropriate venue for and has jurisdiction over same. 3 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF 14. Relationship of Parties. The relationship of the parties hereto shall be as provided for in this Agreement, and neither Grantee nor any of its compensated officers, employees, contractors, subcontractors and/or agents are employees of City. The Grant amount set forth herein shall be the full and maximum compensation and monies required of City to be paid to Grantee under or pursuant to his Agreement. li. Severability. If any term of this Agreement is invalid or unenforceable under any statute, regulation, ordinance, executive order or other rule of law, such tern shall be deemed reformed or deleted. but only to the extent necessary to comply with same, and the remaining provision of this Agreement shall remain in full force and effect. 16. Entire Agreement. This Agreement, together with any exhibits attached hereto or referenced herein, constitutes the entire agreement between Grantee and City with respect to the subject matter hereof, and supersedes all prior oral or written representations and agreements regarding same. Notwithstanding any other term or condition set forth herein, but subject to paragraph 15 hereof, to the extent any term or condition contained in any exhibit attached to this Agreement or in any document referenced herein conflicts with any term or condition contained in this Agreement, the term or condition contained in this Agreement shall govern and prevail. This Agreement may only be modified by written amendment executed by both partieshereto, or their successors in interest. IN WITNESS WHEROF, the parties hereto have made and executed this Agreement as follows: tee") By: Printed CITY OF CARM/E L ("Grantor") By. 'C r'ak. James Brainard, Mayor Date: 12/29/2021 ATTEST: Date:_ 12/29/2021 If you have any Question concerning ute City of Carmel 2o21 YVLs Grant Program, ,rant teriting, guidelines or application macontact.terial>,contact.SharonKibbe. City ofCamicl, Qne Civic Square, Camtcl, IN 46G2. Phones 317-i71 2483. xS.i dkmmel in.env. 29 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Exhibit A Indiana Artisan Application and Description of Proposed Use of Funds DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Exhibit "A" An Application and Description of the Proposed Use of the Grant Funds APPLICANT: Name of Organization: Indiana Artisan, Inc. Address: 22 N. Rangeline Road, Carmel, IN 46032 Telephone: (317) 964-9455 No fax available Contact Person: Rosalyn Demaree Email: Rosalyn@IndianaArtisan.org APPLICATION AMOUNT: $50,000 DESCRIPTION OF THE PROPOSED USE OF THE GRANT FUNDS: IC Printed Name oflVfficer: Rosalyn Demaree Title: President/Executive Director Date: Nov. 30, 2021 Indiana Artisan has made a home in the Carmel Arts & Design District, and we believe our presence on Rangeline Road is becoming a pillar in the District's ongoing success. We continually work to develop partnerships with neighboring merchants, promote District events and be a cheerleader for our hometown, encouraging customers to spend more time getting to know Carmel. At the same time, we're helping member artisans and food artisans, more than 40 percent of whom live in small communities, build their businesses. "My hometown does not have a thriving arts community but through Indiana Artisan programs, I've been able to sell my work and build my reputation around the state," basket maker Roland Rein of Friendship, Indiana, told us. "There are no DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF local customers in our rural area. The Indiana Artisan store provides opportunities to attract customers who would never be exposed to our work." Through careful planning and a strategic marketing program, we met the challenges of 2020 and 2021. Our task in the coming two years will be attracting customers to the store with a construction project across the street. We are requesting $50,000 for 2022, split evenly between marketing ($25,000) and administrative support ($25,000). THE INDIANA ARTISAN MARKETING PLAN Indiana Artisan helps artists develop business practices designed to expand their enterprise and create a positive economic impact in their communities. As an organization, Indiana Artisan also wants to have a positive impact on its home community. To that end, we eblast a monthly newsletter to nearly 3,000 customers and another to about 280 Friends of Indiana Artisan. Naturally, the content promotes store events that largely are held in conjunction with Arts District events, but it also markets city -sponsored programs and highlights attractions in neighboring galleries, other stores and restaurants. (Go here to see the November edition: Shop Small Saturday this year proved how effective our newsletters, which typically score a 35-38 percent open rate, are for everyone in the Arts District. A couple came in that Saturday from Cincinnati, saying they had visited Indiana Artisan in mid -September for the first time and were glad to receive the newsletter about all the things going on in Carmel for Shop Small Saturday and the holidays. (We build our email list by offering a monthly door prize. The prizes are art or food we purchase from our members, using Arts Grants funds.) While in town, they also had dinner at Juniper on Main, watched football over drinks at Muldoon's and hopped the trolley to visit Midtown and City Center. When they left our store with more than $500 in purchases, they said they will be back. We will continue these newsletters in 2022. We will pay the monthly Mailchimp subscription fee with Carmel Arts Grant funds. A highlight of 2021 was hosting the student art scholarship competition during the Carmel International Arts Festival. It was inspiring to see 90-plus pieces created by Carmel and University high school students in the gallery, and it was encouraging to experience the reactions of almost 2,000 people who visited the store that weekend — the biggest two-day foot traffic we've ever recorded -- to enjoy the work. Indiana Artisan would like to help these emerging artists during the 2022 competition. We would like to use $500 of a Carmel Arts grant to sponsor a scholarship, perhaps making it a People's Choice award to engage customers in the exhibit. Indiana Artisan has grown because of partnerships. We have worked with neighboring businesses to introduce our customers to theirs and to help each other grow. While we are excited about the opportunities the First & Main project certainly will bring to the Arts District, there is natural concern about how the construction will affect foot traffic in our block. To that end, we will work with businesses to create a Bingo game promotion in February 2022—traditionally a slow retail month --that would encourage our customers to visit neighboring stores, galleries, services and restaurants. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Marketing this month -long game would include printing Bingo cards and signage, buying advertising in local media, and purchasing miscellaneous supplies. The publicity for the District, the restaurants, the stores and the artists could be invaluable. Indiana Artisan benefits greatly from the many events and festivals the Arts District sponsors, and it pledges to continue to support and promote each one. Through our own work and the networks of nearly 220 members, we have strong contacts among media outlets stretching from Lake Michigan to the Ohio River that we will marshal for earned media to attract more Hoosiers to outstanding events, such as the International Arts Festival, the Art of Wine, Artomobilia and holiday programs. We would also use marketing funds from this grant to buy advertising, much like we did this year on WITS -FM (a summer campaign and a joint holiday campaign with four other Arts District businesses), in Carmel and Fishers magazines (full -page holiday gift ads), and in Current in Carmel (half -page ads promoting a Christmas in July event that Indiana Artisan coordinated with four other businesses in the Arts District and a holiday gift guide). A 2022 goal is to increase the organization's membership and build its public following. Part of the plan is to take Indiana Artisan on the road by participating in top -tier art shows and festivals, such as Penrod in Indianapolis and 4th Street in Bloomington. A major step to doing this is purchasing the necessary infrastructure for a booth — a 10x10 tent, display fixtures and signage. Investing some of the marketing funds from the Carmel Arts Grant in this infrastructure would put us well on the way to building an engaging display that would feature the retail program prominently, since it is fast becoming the No. 1 membership benefit and public doorway for art enthusiasts to learn about the organization. This is an ambitious marketing program for a small nonprofit. We believe it would bring benefit to all the Arts District businesses and the City of Carmel. It is not a program that Indiana Artisan could undertake without grant funding. 25,000 FOR ADMINISTRATIVE SUPPORT Indiana Artisan Gifts & Gallery sells work on consignment, giving 60 percent of sales, an increasingly generous split in the retail art field, to the artisans. Our business model is to employ member artists to work in the store for minimum wage and receive 75 percent of their sales. The director covers shifts when artists cannot, and she manages the store daily. This model has worked well, largely due to the administrative support funding we received through the Carmel Arts Grant for three years. There are no plans to change it in 2022. But continued grant funding is critical to the success of the plan and the store. Even though 2021 sales have been strong in the Carmel store, 40 percent of sales at Indiana Artisan Gifts & Gallery will not cover payroll, rent, utilities, supplies and materials. The Arts District community tells us the Indiana Artisan store is a strong partner in its ongoing success. As an organization, we hope to work with the City of Carmel again, so Indiana Artisan Gifts & Gallery can continue to create an appreciative market for the artists, build awareness of the exceptional work made in Indiana, and offer another shopping venue for out-of-state and international visitors when tourism rebounds. Indiana Artisan looks forward in the new year to further strengthening its relationship with the City of Carmel. Should you have any questions about our proposal or the organization, I am happy to answer DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF them, Rosalyn@lndianArtisan.org, (317) 964-9455. Appended to this description is the current Viewbook, which gives you an idea of the breadth and quality of Indiana Artisan art and food. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Exhibit B Indiana Artisan 2022 Budget DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Budget 2,022 Fort Wayne Holiday Marketplace Income Profit (Loss) Viewbook Magazine Income Profit (Loss) 4,000) Marketplace Profit (Loss) French Lick Retail Sales 53,000 French Lick Artisan Payments 31,800 Gross Margin 21,200 French Lick Store Expenses Payroll Wages 15,000 FICA and Unemployment Taxes 1,304 Workers' Comp. Total 16,304 Other Expense Credit Card Fees 1,363 Fixtures and Equipment 125 Mileage/Meals, Payroll Service and Misc. 170 Promotion/Advertising Supplies 300 Total 1,958 Total Expense 18,262 Profit (Loss) 2,938 City of Carmel Arts Grant 40,000 Contract assistant 2020 -16 hours/week at $20 times 34 weeks Marketing Campaign including assistant in 2019 15,000 Payroll - Administrative 25,000 Net 0 Carmel 4CDC Lease Assistance Grant 48,000 Carmel Store Retail Sales 230,000 Carmel Store Artisan Payments 148,418 Gross Margin 81,582 Carmel Store Expenses Payroll Wages 00.000 FICA and Unemployment Taxes (wages only) 1,661 Workers' Comp. Total 21,661 Other Expense Rent 72,000 Credit Card Fees 5,649 Fixtures and Equipment 800 Mileage/Meals, Payroll Service and Misc. 120 Promotion/Advertising Supplies 2,005 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Repairs and Maintenance 915 Travel/Entertainment Utilities 5,210 Total 86,699 Total Expense 108,360 Profit (Loss) 21,222 Online Store Sales jjArtisanPayments Gross Margin Expenses Credit Card Fees Other Business Expenses Total Expense oss 100t900 350 rofit (Loss) 550 Friends of Indiana Artisan Income 100 Friends of Indiana Artisan Expense t (Loss) 100 Expense Loss) Furniture Guild Income Expense: Supplies Entertainment/Meals Profit (Loss) Workshops and Conversations Income Workshops and Conversations Expense Profit (Loss) Artisan Annual Dues 2020 Artisan Annual Dues 2021 Artisan Annual Dues 2022 20,000 Square Charges Board Member Gifts 3,000 Non -Board Member Gifts Miscellaneous Income/(expense) Total Operating Income 43,910 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF IAC Arts Organization Support Grant (75% 2019, 25% 2020) IAC Arts Organization Support Grant (75% 2020, 25% 2021) IAC Arts Organization Support Grant (75% 2021, 25%2022) 2,280 IAC Arts Organization Support Grant (75% 2022, 25% 2023) 6,981 IAC Relief Grant Interest Earned 400 Penrod Grant Glick Foundation Grant Destination Marketing Organization Grant Other Miscellaneous Income (PPP loan forgiveness) Total Income 53,571 Administrative Costs Executive and Administrative Compensation 34,000 Payroll Taxes 6,125 Software and Web Fees 2,800 Website Upgrade Marketing - General Insurance (includes Workers' Comp beginning 2018) 3,000 Office Expense 1,000 Travel and Entertainment 100 BOD and Advisory Board Total 47,025 Net Surplus (Deficit) 6 546 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Exhibit C Indiana Artisan Articles of Incorporation DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF wr ARTICLES OF INCORPORATION FOR A NONPROFIT CORPORATION TODDROIOTA E SECRETARY OF $TATE SWa Fam14162(R10/ 143) CO(p W Form No. 3r4l (OCtOW 1e84) CORPORATIONS DMSM)l ApPaved by 61a:e aoer00rAwounls 1995 302 w WohN91or, St., Rm. E016 kidearvi ii , w 4620a TCIaphMa:.(317)M2- 76 NOTES: f. Norprofrtcorporations must qualify wth me Internal Re( nue Service and the Indiana Do rlmenf of Indiana Cade T3.973-2Reverwe. r is sim*yawestedyou do nMceapfotoor F ddsfambeiOre contacting OaD+egarcies 2. Arlde Vllmusth comtloted appropriately Please see,(1) above. FILING FEE:$30.00 INSTRUCTIONS i(Ises.1/2x1s^whdepopertr&NgclaneO& 2Present onginal and One copy to the adclaim in the uppernyhfcnmerofthlalorm. fl G 73rn3Pleasetypeorprird.. it 1 Q/}i,r 4. Please visxobi vike on the web atvmrspsln.Ooy. r 4,ltir 1. l Jf .r'T7 Crn'r" i ARTICLES OF INCORPORATION i pchh i"' The undersigned incorporator or incorporators, desiring to form a corporation (here' it erred tqq ae t 'GTlnorafion7srsuary+lo thePProvisionsoftheIndianaNonprofitCorporationActof1991 (hereinafter referred to as the AcC )eT(eF`rT-((e,,the folio Articles Articles of 111Ca'poration. : y Office m@ l e fpOrdt dt• a namB mast I hwi, m1 wtVIB a Ght Indiana Secretary of State Indiana Artisan, Inc. Packet: 2009082400079 Prefdpalafice: The atidrese of the principal office of the Corporat m is: Filing Date: 08121112009 Post office address Ciy hnective Date: U7jjZUUU AP code One North Capitol, Ste Indiana. 800 _ Indianapolis 46204 The purpose of Indiana Artisan, Ina, is to grow the economy, especially in rural Indiana, throughincreased artisan activity and capacityandrelatedtourismdevelopment. Indiana Artisan, Inc., will: Support Hoosier entrepreneurs and small, home-grown businesses by establishing or providing better access to training and networking opportunities and by connecting artisans with consumers, retailers and/or wholesalers to generate new or Increased sales; Create awidely recognized brand promoting select works of art and food and the artisans who produce them white showcasing Indiana's commitment to high -quality, locally -wafted products; and Encourage visitation to Indiana to help increase foudsm's positive economic impact by developing new or augmenting existing artisan experiences statewide. EI publicbenefit corporation, which reorganized for a pubic or chartable purpose; religious. corporation, which is organized primarily or exclusively for religious purposes; or mutual benefit corporation (a(1 others). indicate B Corporation wil have pYes Ow Contemned on Ire reverse side) DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF E Brian Blackford One North Capitol, Ste 600 Indianapolis ] IN 46204 David Terrell One North Capitol, Ste 600 Indianapolis IN 46204 Michelle Anderson 100 N. Senate Ave, N506 Indianapolis IN 46204 Upon dissolution or final liquidation, physical assets will be donated to VSA arts of Indiana; grant fundsremainingvviii%areturned to the originating grantor organization; and donations, fees and unidentifiablefundswillbedistributedtotheIndianaStateMuseumFoundation. Indiana Secretary of state Packet,20090824000PJ Piling Date: 08/21/2009 Effective Date; 08/21/2009 G 6 op Y Y G m xK Please rgta this secti«n must be comoieted 0 T Tilts VocuMEAfTMUST SESICUMBYALLINCORPORATORS. In witness whereof, the undersigned incorporator(") of said CvPOmfion executa(s) this document and verify(ies) subject to penalties of Perjury that the facts contained herein an rue tf'.t 20 day of August 09 igrWg2 . 20__, Pdraeanarnrte:i-YJj Ttrl/}-bL Ste 600 race Up code Indianapolis W 1 46204 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Exhibit D IRS Determination Letter For Indiana Artisan DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF PULK-ul-WIZ lU:zi !HS TIMUM r. UU"G INTERNAL REVENUE SERVICE P. O. Box 2508 C1NC11MTI, OR 45201 Date: MAR 41 2G12 INDIA14A ARTISAN INC 100 N 98NAT9 AVE STE N505 INDIANAPOLIS, IN 46204 Dear Applicant: 163 n4%ML4-41 ni2 w&p)jL11:IMWyaaaa11,4 Employer Identification Number. 27-0813316 DLN: _----- 11053081347001 Contact Person: JOYCE DARBY IDS 95011 Contact Telephone Number: 877) 829-5S00 AQWunting Veri.nd Ending - December 31 Public Charity Status: 170(b) (1) (A) IV!) Form 990 Required: Yea Effective Date of Ecemption: August 21, 2009 Contribution Deductibility: Yes Addendum Applied: NO we are pleased to inform you that upon review of your application for tax exempt status we have determined that you axe exempt from Federal income tax under section $01(a)(A) of the Internal Revenue Cede. CMtributioue to you are deductible Linder section 170 of the Cade. you are also qualified to receive tax deductible bequests, deviseo, transfere or gifts under section 2055, 2106 or 2522 of the Code. Because this letter coped help revolve any questions regarding your exempt status, you should keep it in your permanent records. Organizations exempt Under section 501(a)(3) of the Code are further classified as either public charities or private foundations. we determined that you are a public charity under the Code section(s) lasted in the heading of this letter.. Please see encloved Publication 4221-PC, Compliance Guide for 501(c)(3) Public Charities, for some helpful information about your responsibilities as an exempt organization. Letter 947 (DO/CC) DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF aa 1lW !JAIL' r .vvv 2- INDIANA ARTISAN INC We have sent a Copy of this letter to yoyr representative as indicated is yourpowerofattorney. Enclosure: publication 4221-PC sincerely, a s Lois 0. Amer Director, Exempt Organizations Letter 947 (DO/CG) TOTAL P.003 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Exhibit E inciiana ArtisanYTD Profit & Loss Statement And 2020 Form 990 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF STATE OF INDIANA SS: COUNTY OF HAMILTON AFFIDAVIT 1,—_BQSAL.YW V PCbd Sge , an authorized representative of [h1DI AAA AgnSAt4 ("Grantee"), being first duly sworn upon my oath, state that pursuant to paragraph 2 of the City of Carmel Arts Grant Program Agreement, all income of Grantee, including a City of Carmel arts grant, if applicable, revenue of sales, and/or ticket revenue, etc., in calendar year ending 2019 totaled $B63 550. 97 2020 A/ Signature ! nSlubscribed and sworn to before me, the undersigned Notary Public, this _ day of Pin L.,r , 2e2+ 2021. 5mrMure - Notary Public I Printed Name /CAM n t &\ rnl SEAL) Resident of County, Indiana KEVIN WARNKE NOTARY PUBLIC SEAL HAMILTON COUNTY, STATE OF INDIANA COMMISSION NUMBER NP0733613 MY COMMISSION EXPIRES 05/11/2029 My Commission Expires:_ - - // 10 X$ 11 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Indiana Artisan, Inc. Profit and Loss January - October, 2021 TOTAL Income Adhesive Logo Income Cdl 1; 4CCC-Leas6 Assistarc€ 0r6y,t 42.40 Carmel Arts Grant 000 33 Friends of Indiana Artisan 33,333.30 Fundraising 43,71 BoardMemberGifts Non - Board Member Individual Gifts 1,184.14 Total Fundraising 400.00 Jury Fees 1,584.14 Membership Dues 903.20 L, c_Mc 19,468.65 Retail Sales Income 1 Store Retail Sales - Cannel Store Retail Sales - French Lick 173,438.97 TotalReWlt aleslircoria 39,120.83 Store Retail Sales -Online 2121559.80 Viewbook Income 0.00 Artisan Images Outside orgs 13,392.59 Total Viewbook Income 5,364.90 Total Income 1w175r.4'3 GROSS PROFIT 3213,702.10 Expenses 326,702.10 r1% 11r11C1f7j1,/P n$1S - r nPnr111Pr/Gnft,/,prn Software 4 i i.44 Subscriptions 494.03 Web Fees 40.00 Website Upgrade 740.14 Total Administrative Costs - Computer/Software 501.00 Administrative Costs -Insurance 2,186.61 Directors & Officers General Liability 956.00 vYuihnieds uUmp 1.440.00 Total Administrative Costs - Insurance 'o4'6' Administrative Costs -Office Expense 2,980.67 Bank Charges 5. 00 Cash Basis Monday, November 15, 2021 03:33 PM GMT-05:00 913 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Indiana Artisan, Inc. Rrofg and Loss January - October, 2021 Postage Supplies Total Administrative Costa- Office Expense 647.25 863.20 1,505.45 TOTAL Administrative Costs - Programs Jury Expense 345.68 Marketing - IA General 34.00 Total Administrative Costs - Programs 379.68 Administrative Costs - T & E Mileage 15.16 Misc. Travel Expense 24.92 Total Administrative Costs - T & E 40.08 Administrative Costs - Wages & Benefits Admin/Support Wages 6,941.68 Payroll Service 637.50 Payroll Taxes 1;22&.90 Total Administrative Costs- Wages& Benefits 9,808.08 Carmel Arts Grant Expenses Carmel Arts Marketing and Promotional 10,713.87 Payroll Expenses 20,833.30 Total Carmel Arts Grant Expenses 31,547.17 Carmel Store Artisan Payments 111,920.31 Carmel Store - Supplies/Fixtures 40&64 Payroll Taxes 1,330.31 Postage/Shipping 46.15 Rent 60,000.00 Repair & Maintenance 630.00 Square Charges 4,259.04 Supplies & Materials 2,015.08 Utilities 4,509.10 Wages 16,022.51 Total Carmel Store 201,136.14 French Lick Store Artisan Payments 23,505.15 Mileage /Meals 104.25 Other Miscellaneous Service Cost 25.00 Cash Basis Monday, November 15, 2021 03:33 PM GMT-05:00 213 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Payroll Expenses Taxes Wages Total-PayroifExpenses Postage / Shipping Square Charges Supplies Total French Lick Store Online store square charges - online store Total Online store Payroll Expenses Taxes Wages Total Payroll Expenses Viewbook Magazine Design Photography Postage/Shipping Printing Total Viewbook Magazine Total Expenses NET OPERATING INCOME Other Income- IAC AOS Grant 2020-2021 IAC ADS Grant 2021-2022 Indiana Arts Commission Relief Grant Interest Earned Other Miscellaneous Income Total Other Income Other Expenses Other Miscellaneous Expense TotatOther€xperims- NET OTHER INCOME Indiana Artisan, Inc. Profit and Loss January - October, 2021 849.84 762.50 f6,6'fT.34' 13.69 1,007.81 TOTAL 4461.15 35,729.42 5.34 5.34 0.00 0.00 1i.W 4,05000 3,575.00 2,325.00 15.58 18,550.87 26,616.45 311,835.09 14,867.01 2,233.20 6,839.25 3,000.00 309.41 34,06044 46,442.30 155 25 V55.25 NET INCOME $ 46,287.05 61,154.06 Cash Basis Monday, November i5, 2021 03:33 PM GMT-05:00 313 DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Fore 990 Department of the Treasury Internal Revenue Service A For the 2020 caler B Check if applicable: Address change Name change Initial return Final retum/tenninated Amended return APPlicatien pending I Tax-exempt status: J Webshe: WWW K Form of ommization. Return of Organization Exempt From Income Tax section 501(c), 527, or 4947(a)(1) of the internal Revenue Code (except private fount Do not enter social security numbers on this form as it may be made pubiio. Go to www.imgov/F0rm990 for instructions and the latest information. OMB No. 1545-0047 20020 1 20 20 0 Employer identification number Number and street (or P,O, box mail is not delivered to sheet address) Room(suite E Telephone number 1 e 22 N Ran eline Road 317 964 9455 City or town, state or province, country, and ZIP or foreign Postal code Name and address of PrirxiPal officer: Rosalyn Demaree 2 N Rangeitne Road Carmel IN 46032 501(c)(3) 501(c) ( ) 4 onsert no.) F-i e G Gross receipts $ 266,649 H(a)bMgp' j,4WmfnWbxrdlnaks?0Yea 0No ry " Hdr) a8:1611j prdinates included? Yes []No or 0 527 It. a list. See instructions H p exemption number u e L Year of formation• "2"Ge8 MStateSummary . of legal domicile: IN a 1 Briefly describe the organization's mission or mast s(gnificarrt actnrities: 01c M son is an economic oryanizatlo_q that identifies, reco nizes, devettapment __ and remotes Indiana's ht hest- u f is nd food artisans, hel their businesses and throw h pto them ex and9Ptheirwork, e_ and a brand that defines Indi`h `b-;Jts art and food. 2 Check this box Do-_._. F the organrzation 3 discontinued ds operations or dJsloed of more than 2590 of Number of voting members of the governing body (Part VI, line 1 " ks net assets. re a) 4 Number of in voting members of the governing body (FrfJ, line 1 b) q 13 135Totalnumberofindividualsemployedincalendaryear20202aj5 6 Total number of volunteers (estimate ifnecessary) ? line . . . • . 23 0a7aTotalunrelatedbusinessrevenuefromPartVill, column (C); line 12 8 07abNetunrelatedbusinesstaxableincomefromForm990-T, Part 1, line 11 7b g 8 Contributions and grants (Part Vill, line lh) Prior Year current Year 9 Program service revenue (Part Vill, line 2g} 53,086 1 26,4t6112.68810Investmentincome (Part Vill, column (A) Imes 3;'4;, and 7d) . 11 Other revenue (Part Vill, column (A), lines 5, lift • c, 9c, 10c and Ile) 0 61922 429 12 Total revenue —add lines 8 throw h 11 must Pan VIII, column'A),line 12 ) 52,398 398 226,92213Grantsandsimilaramountspaid (Part IXlumn . A), lines 1) . 014Benefitspaidtoorformembers (P,pt c nn (A), line 4) 1s1,3o1 0 0015Salaries, other compensation, emp( 0 Part K column (A), lines &A 0) 81,87016aProfessionalfundraisingfees (Pan IX, i'olumn (A), line 11 s) 64,143 b Total fundraising expenses afar column D , Ilne 25 0S'-v"' k 4;--" 17 Other expenses (Part IX, r lines 0 un (, 11a-11 d, 11f-24ej 18 Total expenses. Add lines Y 17 (must equal Part IX, column A line 232 25 ) 101 588 20 i= 14,, 120 19Revenuelessexenseactline18fromline12165,731 15, 570 End of Year m12, 802 20 Total assets (Pa 4(0ey6) lnre 9 of C eremYear 102, 896 m 82,164 21Totalliabilities (ParkX, line 26} . 64' 762 22Netassetsorfundbalances. Subtract line 21 from line 20 78.179 24, 717 Signature`Blnck 17,4021 Under penalties of Perjury, 1 dadare that I have examined this return, including accompanYing schedules and staterna nta,tme, correct, and compbte. Declaration of prepare, (other than of6rar) is based on all information of which a antirty kro the hest of my knowledge and belief, It is Prepare, hasaxnMetlge. Sign I ! Here ' William McCune, Treasurer and Director Date TYPe o print name and title Paid Lrlr.' ayarn, mv0 PrePareYs name Preparer's signature Rreparer _ Use Only Firm's address For Paperwork Reduction Act Notice, see the separate instructions. ware Check Q if PTIN self-employed Firm's EIN Phone no. DYes No Cat. No. 11282Y Form 990 (2020) DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Exhibit F Indiana Artisan Officers And Board of Directors DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF INDIANA ARTISAN BOARD OF DIRECTORS November 2021 Jay Noel, Chair CEO, Abbotts Candy Brian Blackford, Vice Chair Project Manager, BSU Indiana Communities Institute Bill McCune, Treasurer Retired Vice President of Business Services/Controller, Ball State University Amy Greely, Secretary Jewelry Designer, Amy Greely Studio Amy Ahlersmeyer Chief Marketing Officer, Indiana State Museum & Historic Sites John Hughey Executive Director, Long Center for the Performing Arts Chip Kalleen, ASID Principal, Kalleen & Co. Interior Design Betsy Knotts Brand Assurance Manager, PAWS, Inc. Dave Lee Glass Artist, Hot Shop Valpo Barb Richards Director of Engagement, Embassy Theatre Eris Rogers Executive Director, ArtsPlace Dave VanWye Owner, Amazing Hazel's Rosalyn Demaree President and Executive Director, Indiana Artisan DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF Exhibit G Indiana Artisan Year -End Report For 2021 Carmel Arts Grant DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF There are few descriptors that adequately define the significant impact the 2021 Carmel Arts Grant had on Indiana Artisan's year. The Hoard, staff and nearly 220 artist members believe our organization's influence on the state and Carmel arts communities was also strong, fueled largely by the city's $40,000 in funding. The Indiana Artisan retail locations have been a significant contributor to my success since earning the designation," said fiber artist Carrie Wright of Muncie. "All handmade/hand-crafted work is more appealing and easierto sell when it can be seen in person. Although f have a moderately successful e- commerce website, sales from the stores are more consistent month to month thanks to the foot traffic. Considering so many art fair events were canceled in 2021, the store locations became even more important to me staying afloat as an independent artist because they have truly been the only opportunity available for people to see/evaluate my work in person." Indiana Artisan used the grant prudently to help artists like Carrie and food artisans, budgeting $15,000 for marketing and $25,000 for administrative support to operate the store. MARKETING DOLLARS INVESFED EFFEcrIVELY Indiana Artisan made it its mission to help artists develop markets for their work. One of the original food artists told us in the early years of Indiana Artisan, "The word free is not in our business plans," so we repeatedly look for ways we can buy members' work when we need giveaways or prizes. Marketing money in the grant afforded us the opportunity to buy several hundreds of dollars of work which we then gave as monthly door prizes and donations to Carmel -based events and organizations. Indiana Artisan sees these giveaways as a win -win —the artists' work gains visibility, the artist gets a sale, and the organization establishes partnerships in the greater community as well as the Arts District. Additionally, the store was featured twice this year on Fox 59 Morning News, and its events were included multiple times in local Hamilton County print media. Marketing funds from the grant allowed us to buy advertising in traditional and new media. Indiana Artisan bought ads promoting the store, as well as the Arts District, in the Hoosier Salon Exhibition's catalog, the 2021 Indiana Travel Guide, on WTTS-FM, in Current in Carmel, and in the Carmel and Fishers magazines. We boosted social media posts about the District -wide Meet Me On Main and distributed monthly newsletters about the store and Arts District events to our customer list, which has nearly 3,000 subscribers. Marketing funds also allowed Indiana Artisan to buy work from our members that was donated to local civic groups, including 250 two-piece truffles for the Shop Small swag bags and a glass necklace for the gift basket, 250 two-piece chocolates for the Carmel Police Department, and a framed photograph for the Carmel Lions Club silent auction. Indiana Artisan believes in the need to create arts districts across the state and values that our store is in the premier one. We take our commitment to be a strong corporate neighbor seriously, which is why anything we do for the store, we also consider what we can do for the District. We have partnered with other businesses, offering discounts to their customers and orchestrated special events such as Christmas in July (four other stores or galleries participated) and the recent Taste Indiana Artisan to encourage people to visit the District. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF To date, Carmel store marketing expenses funded through the city's grant have totaled $13,521. Advertising campaigns scheduled for late November and early December will use the remaining $1,479 budgeted in our proposal for the grant. ADMINISTRATIVE SUPPORT FUNDING SPENT WISELY Indiana Artisan kept payroll costs to a minimum in 2021 by hiring artists to work in the store for minimum wage and receive 75 percent of their sales. Using artists, who felt a personal investment in the store, not only helped Indiana Artisan keep costs down, but it was also an interest -generator for customers to meet the artists and learn more about their work. Their pay was possible because of the Carmel Arts Grant. The store payroll and taxes for the year are projected to be $20,564. In addition to sundry other duties, the director managed the store, working to stock it, bring new artists on board, maintain the inventory records, and do the bookkeeping. While we estimate two-thirds of her time was spent doing this work, 4,436 of the grant — less than one -tenth of the funding -- was used toward her $45,000 salary. DocuSign Envelope ID: 15E0B74B-0FAA-491E-A7BC-00BB8A086FBF