Nonprofit screen
Screen a listArts Council of Indianapolis Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$4.9Mrevenue
FY2024 · −7% in 3 yrs18staff
5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−28.7%
Months of reserve5.4mo
Revenue growth (annualized)−24.4%
Middle half of peersMedianArts Council of Indianapolis
Where the money goes FY2024 · $6.3M spent
Programs$5.6M88%Management and general$582k9%Fundraising$166k3%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.7M in FY2022 and −$1.4M in FY2024. Cash covers 5.4 months, above the peer median of 3.8.
990 Part I and balance sheetIn its favor3
Strong governance
17 of 17 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIFunders stay
7 of the 10 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant listsA history of government grants
Government grants on 5 of its 5 returns, 55% of revenue in FY2024. $355k is traced federal awards from National Endowment for the Arts.
990 Part VIII · USAspending20funders
$1.5Ma year, last 3 years
56%from its largest funder
Funder’17’18’19’20’21’22’23Lilly Endowment IncEvery year since FY2017$354k$947k$454k$11M$873k$353k$1.3MChristel DeHaan Family Foundation IncEvery year since FY2017$83k$90k$90k$272k$158k$119k$1.6MAllen Whitehill Clowes Charitable Foundation IncOn and off$35k$50kEugene & Marilyn Glick FoundationSince FY2021$8k$8k$18kStrada Education Foundation IncOn and off$8k$8k$8kLumina Foundation for Education IncSince FY2021$5k$5k$5kDonor-advised giftsDonors not disclosed$84$5k$9k10 other fundersUp to $10k a year each$5k$10k$10k$17k$9k
FundedThrough a donor-advised fund