Indiana · Nonprofit
16 TECH COMMUNITY CORPORATION
16 TECH COMMUNITY CORPORATION (Indiana) receives grants from 11 organizations whose IRS filings report $63,267,811 to it, the largest being LILLY ENDOWMENT INC ($60,437,811). 6 of them have funded it in more than one year.
- Revenue FY2024
- $11M
- Funders on record
- 11
- Grants received
- $63M
- Net assets
- $109M
What 16 Tech Community Corporation does
Mission
To foster and enhance entrepreneurship, innovation and economic opportunity through a place-based strategy.
As stated on its FY2024 Form 990.
Program
The 16 tech innovation district is a growing, 50-acre destination for innovation and entrepreneurship and a driver of the tech enablement of the life-sciences and advanced manufacturing industries key to indiana's economy. The district has attracted more than $400m of investment since inception and four years after opening, is home to three innovation facilities with a variety of office, wet and dry lab spaces and makerspaces, 300+ innovation related entities that employ more than 1,200 people, onsite residential options, a food hall with 20+ local food and retail options. In addition, 16tcc has provided more than $2.2m in community investment grants to support quality of life initiatives in the adjacent neighborhoods. An additional $165m of lab-enabled space is in active development and eight development parcels remain in 16 tech. At full build-out, 16 tech anticipates more 2 million square feet of innovation related space that supports 3,000 jobs, providing opportunities to train, retrain and attract talent.
$8,846,346 spentof which $392,250 as grants$2,688,750 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $8,846,346.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $90M to $134M (+49%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 2% · 2019 42% · 2020 22% · 2021 3%. Grants only. Government contracts and fees sit inside program revenue.
66% of 16 TECH COMMUNITY CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Emily Krueger
President and CEO
Board chair
Melina Kennedy
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $3.5M → $8.2M.
1 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $254k from 3 payers (the payer shares this organization's board, largest The Indianapolis Foundation Inc). These are real filings, and they are not money 16 TECH COMMUNITY CORPORATION raised.
From the IRS filings of 16 TECH COMMUNITY CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
16 TECH COMMUNITY CORPORATION leans on a few funders — its largest provides 96% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 86% · 2018 94% · 2019 86% · 2020 100% · 2021 100% · 2022 82% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
17% of 16 TECH COMMUNITY CORPORATION's funders are still giving 3 years after their first grant; 55% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
100% of 16 TECH COMMUNITY CORPORATION's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $305k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
16 TECH COMMUNITY CORPORATION holds deeper cash reserves than three-quarters of the 659 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 659 community improvement nonprofits $10M–$100M, FY2024
Organizations like 16 TECH COMMUNITY CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 10 related entities
- 16 Tech Developer LLC · disregarded
- 16 Tech Sub Tenent LLC · disregarded
- Indiana University · exempt
- Indiana University Health Inc · exempt
- Central Indiana Corporate Partnership Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for 16 TECH COMMUNITY CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds 16 TECH COMMUNITY CORPORATION?
- 16 TECH COMMUNITY CORPORATION (Indiana) receives grants from 11 organizations whose IRS filings report $63,267,811 to it, the largest being LILLY ENDOWMENT INC ($60,437,811). 6 of them have funded it in more than one year.
- How many funders does 16 TECH COMMUNITY CORPORATION have?
- IRS filings report 11 organizations giving $63,267,811 in grants to 16 TECH COMMUNITY CORPORATION, 6 of which have funded it in more than one year.
- Who is the largest funder of 16 TECH COMMUNITY CORPORATION?
- LILLY ENDOWMENT INC is the largest funder on record, with $60,437,811 in grants. The full list of funders is on this page.
- How can an organization like 16 TECH COMMUNITY CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing