One of the country's largest single-day arts fairs returns to Indianapolis this weekend. The nonprofit Penrod Society will Saturday host its 53rd annual Penrod Arts Fair at Newfields in an effort to raise funds to support arts organizations throughout the state. More than 350 artist exhibitions will be on display and Tim Haley, the 2019 Arts Fair chair for the Penrod Society, tells Inside INdiana Business the event aims to further the nonprofit's mission to provide grants.