Indiana · Nonprofit
500 Festival Inc
500 Festival Inc (Indiana) receives grants from 6 organizations whose IRS filings report $233,000 to it, the largest being DELTA DENTAL PLAN OF INDIANA INC ($150,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $6.2M
- Funders on record
- 6
- Grants received
- $233k
- Net assets
- $6.5M
What 500 Festival Inc does
Mission
The mission of the 500 Festival is to produce life-enriching events and programs that celebrate the spirit and legacy of the Indianapolis 500 and foster a positive impact on the city of Indianapolis and state of Indiana.
As stated on its FY2025 Form 990.
Program
The 500 Festival: Promote civic and community pride in Indianapolis by sponsoring and presenting events in connection with the annual Indianapolis 500 race. Included in the events are the 500 Festival parade, which is conducted annually before approximately 300,000 spectators, The 500 Festival Breakfast at the Brickyard, which brings together approximately 85 mayors from across the state of Indiana along with other community leaders, and the 500 festival mini marathon, a 13.1 mile footrace over the streets of Indianapolis which has approximately 35,000 participants.
$5,294,167 spentof which $51,000 as grants$5,041,649 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $5,294,167.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $7.2M to $9.7M (+35%).
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: 2021 1%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 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
Robert C Bryant
President & CEO
Board chair
Dr Jim Callaghan
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $1k → $61k.
Left out of every figure on this page: $1.2M from 3 payers (the payer shares this organization's board, largest 500 Festival Foundation Inc). These are real filings, and they are not money 500 Festival Inc raised.
From the IRS filings of 500 Festival Inc’s funders (the co-funder graph). Top 5 of 6 funders by total. 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
500 Festival Inc leans on a few funders — its largest provides 64% 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
99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund 500 Festival Inc.
Largest funder’s share by year: 2017 100% · 2018 100% · 2022 83% · 2023 82% — diversifying over time.
“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.
Where its funders are
500 Festival Inc draws 100% of its grant income from funders outside Indiana, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Organizations like 500 Festival Inc
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
83% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- 500 Festival Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for 500 Festival Inc: 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 500 Festival Inc?
- 500 Festival Inc (Indiana) receives grants from 6 organizations whose IRS filings report $233,000 to it, the largest being DELTA DENTAL PLAN OF INDIANA INC ($150,000). 3 of them have funded it in more than one year.
- How many funders does 500 Festival Inc have?
- IRS filings report 6 organizations giving $233,000 in grants to 500 Festival Inc, 3 of which have funded it in more than one year.
- Who is the largest funder of 500 Festival Inc?
- DELTA DENTAL PLAN OF INDIANA INC is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
- How can an organization like 500 Festival Inc 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.
Play a game about who funds 500 Festival →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 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