Civic Intelligence

Talbot Street Art Fair Inc

EIN 35-1362946 • 501(c)6 • Fishers, IN

Profile

Talbot street art fair, inc. Is a statewide non-profit educational and professional organization dedicated to encouraging the highest creative expression of the artist-craftsman, with the intention of fostering a greater production of works of excellence and originality; to stimulate public appreciation and awareness of the art of the artist-craftsman by promoting individual and group exhibitions; and to effect an interchange of ideas and marketing information between the members within the organization, and between talbot street art fair inc. And similar organizations

14201 Ravine RoadFishers, IN 46038

www.talbotstreet.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

32nd percentile

-9.7%

Higher net margin than 32% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$10,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

30th percentile

-16%

Faster asset growth than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

7.7%

Faster revenue growth than 64% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$56,788

Down $10,734 (-16%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$56,788

Down $10,734 (-16%) from 2023

Revenue

Up

$111,006

Up $7,928 (+7.7%) from 2023

Expenses

Up

$121,740

Up $27,455 (+29%) from 2023

Net Income

Down

-$10,734

Down $19,527 (-222%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2017: $89,314Liabilities 2017: $0Net Assets 2017: $89,3142017Assets 2018: $83,461Liabilities 2018: $0Net Assets 2018: $83,4612018Assets 2019: $63,860Liabilities 2019: $0Net Assets 2019: $63,8602019Assets 2020: $46,791Net Assets 2020: $46,7912020Assets 2021: $36,833Net Assets 2021: $36,8332021Assets 2022: $58,729Net Assets 2022: $58,7292022Assets 2023: $67,522Net Assets 2023: $67,5222023Assets 2024: $56,788Net Assets 2024: $56,7882024

Highlighted filing

2024

Assets$56,788
Liabilities-
Net Assets$56,788

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2017: $110,264Expenses 2017: $110,897Net Income 2017: -$6332017Revenue 2018: $97,277Expenses 2018: $103,130Net Income 2018: -$5,8532018Revenue 2019: $97,306Expenses 2019: $116,907Net Income 2019: -$19,6012019Revenue 2020: $10,112Expenses 2020: $27,181Net Income 2020: -$17,0692020Revenue 2021: $7,878Expenses 2021: $17,836Net Income 2021: -$9,9582021Revenue 2022: $96,385Expenses 2022: $74,489Net Income 2022: $21,8962022Revenue 2023: $103,078Expenses 2023: $94,285Net Income 2023: $8,7932023Revenue 2024: $111,006Expenses 2024: $121,740Net Income 2024: -$10,7342024

Highlighted filing

2024

Revenue$111,006
Expenses$121,740
Net Income-$10,734

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 30, 2025
Return Version
2024v5.0
Gross Receipts
$111,006
Mission and Program Overview

Mission

Talbot street art fair, inc. Is a statewide non-profit educational and professional organization dedicated to encouraging the highest creative expression of the artist-craftsman, with the intention of fostering a greater production of works of excellence and originality; to stimulate public appreciation and awareness of the art of the artist-craftsman by promoting individual and group exhibitions; and to effect an interchange of ideas and marketing information between the members within the organization, and between talbot street art fair, inc. And similar organizations.

Talbot street art fair, inc. Is a statewide non-profit educational and professional organization dedicated to encouraging the highest creative expression of the artist-craftsman, with the intention of fostering a greater production of works of excellence and originality; to stimulate public appreciation and awareness of the art of the artist-craftsman by promoting individual and group exhibitions; and to effect an interchange of ideas and marketing information between the members within the organization, and between talbot street art fair inc. And similar organizations

Program Services

DescriptionGrantsExpenses
FUNDS RAISED BY THE TALBOT STREET ART FAIR, INC. ARE USED TO SPONSOR SCHOLARSHIPS, PROGRAMS, EXHIBITIONS, LECTURES AND DEMONSTRATIONS AT THE UNIVERSITY OF INDIANAPOLIS AND HERON I U SCHOOL OF ART, WHICH ARE FREE AND OPEN TO THE PUBLIC. TALBOT STREET ART FAIR INC. ENCOURAGES PUBLIC APPRECIATION AND AWARENESS OF ART THROUGH SUCH PROGRAM GRANTS. IN TAX YEAR 2024, 2,500 WAS GRANTED TO EACH EDUCATIONAL INSTITUTION.--
FUNDS RAISED BY THE TALBOT STREET ART FAIR, INC. ARE USED TO PROVIDE MERIT AWARDS TO ARTISTS TO ENCOURAGE AND PROMOTE ARTIST CREATIVITY, PUBLIC APPRECIATION AND AWARENESS OF ART.--
FUNDS RAISED BY THE TALBOT STREET ART FAIR, INC. ARE USED TO PROVIDE DONATIONS TO CHARITABLE ORGANIZATIONS TO ENCOURAGE PUBLIC APPRECIATION AND AWARENESS OF ART.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GAYLE HERRLIPresidentPT$10,000-$10,000
TAYLOR WALKERVice PresidePT$3,000-$3,000
KELLY JENKINSBoard Member-$2,000-$2,000
CHRISTINE DAVISTreasurerPT$1,500-$1,500
HEIDI MANDICHSecretary-$0--
JOAN KISERBoard Member-$0--
SUE CHRISTENSENBoard Member-$0--
DEE SCHAADBoard Member-$0--
STEVEN MUNNBoard Member-$0--
JASEN GOSLENBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Talbot Street Art Fair Inc
EIN
35-1362946
Phone
3173743629
Address
14201 RAVINE ROAD, FISHERS, IN 46038

Signing Officer

Name
Gayle Herrli
Title
President
Phone
3173743629
Signed
2025-06-30
Discuss with paid preparer
Yes

Preparer

Firm
Clark & Leucht Pc
Address
320 N MERIDIAN ST STE 500, INDIANAPOLIS, IN 46204-1725
Preparer
William H Clark CPA
Phone
3172641095
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

INTEREST EARNED 521

Form 990-ez, Part I, Line 10

CASH CONTRIBUTION: 6,000

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 33,574 fees returned to exhibitors 1,120 office supplies and expense 523 insurance 1,524 meals 2,139 fair operating expenses 16,949 supplies 1,972 total 57,801

Form 990-ez, Part III

Talbot street art fair, inc. Is a statewide non-profit educational and professional organization dedicated to encouraging the highest creative expression of the artist-craftsman, with the intention of fostering a greater production of works of excellence and originality; to stimulate public appreciation and awareness of the art of the artist-craftsman by promoting individual and group exhibitions; and to effect an interchange of ideas and marketing information between the members within the organization, and between talbot street art fair inc. And similar organizations

Form 990-ez, Part III, Line 28

Funds raised by the talbot street art fair, inc. Are used to sponsor scholarships, programs, exhibitions, lectures and demonstrations at the university of indianapolis and heron i u school of art, which are free and open to the public. Talbot street art fair inc. Encourages public appreciation and awareness of art through such program grants. In tax year 2024, 2,500 was granted to each educational institution.

Form 990-ez, Part III, Line 31

Funds raised by the talbot street art fair, inc. Are used to provide donations to charitable organizations to encourage public appreciation and awareness of art.

Raw XML Appendix136 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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