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Indiana · Nonprofit

BATTERY INNOVATION CENTER INC

BATTERY INNOVATION CENTER INC (Indiana) receives grants from 1 organization whose IRS filings report $2,477,576 to it, the largest being CENTRAL INDIANA CORPORATE PARTNERSHIP INC ($2,477,576). 1 of them have funded it in more than one year.

Revenue FY2024
$4.8M
Funders on record
1
Grants received
$2.5M
Net assets
$2.4M
1/1 repeat fundersgrants exceed reported revenue in one year
01What it does

What Battery Innovation Center Inc does

Mission

To enhance awareness and increase resources for indiana based research and development in the advanced energy storage industry in order to foster economic development and position indiana as a global leader in the advanced energy storage industry and to encourage and promote the business interests of indiana's advanced energy storage industry.

As stated on its FY2024 Form 990.

Program

  1. To enhance awareness and increase resources for indiana based research and development in the advanced energy storage industry in order to foster economic development and position indiana as a global leader in the advanced energy storage industry and to encourage and promote the business interests of indiana's advanced energy storage industry.

    $4,747,288 spentof which $35,000 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,747,288.

02The organization over time

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.

100 = 20172017 Revenue 100 ($804k) Expenses 100 ($1.0M) Net assets -351 ($-2425423)2018 Revenue 108 ($865k) Expenses 98 ($988k) Net assets -369 ($-2548611)2019 Revenue 107 ($861k) Expenses 97 ($975k) Net assets -386 ($-2663234)2020 Revenue 102 ($816k) Expenses 96 ($970k) Net assets -408 ($-2816864)2021 Revenue 409 ($3.3M) Expenses 56 ($565k) Net assets -13 ($-90218)2022 Revenue 48 ($383k) Expenses 61 ($615k) Net assets 100 ($690k)2023 Revenue 516 ($4.1M) Expenses 315 ($3.2M) Net assets 330 ($2.3M)2024 Revenue 599 ($4.8M) Expenses 472 ($4.7M) Net assets 340 ($2.4M)
'17'18'19'20'21'22'23'24
Revenue (599)Expenses (472)Net assets (340)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $11M to $83k (−99%).

$13M
$12M
$12M
$11M
$83k
$802k
$6.6M
$9.6M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 76% · 2023 70% · 2024 54%. Grants only. Government contracts and fees sit inside program revenue.

71% of BATTERY INNOVATION CENTER INC’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$202k
’17
−$123k
’18
−$115k
’19
−$154k
’20
$2.7M
’21
−$232k
’22
$984k
’23
$70k
’24
1.5
months of
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.

Board chair

David Roberts

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed55555554
Joined·+0+0+0+0+0+1+0
No longer listed·0000011
03Who funds it

Who funds it, year by year

2018 → 2020: the base held at 1 funder, grant income rose $381k → $1.4M.

Funder
'18
'19
'20
total
funders
1
1
1

From the IRS filings of BATTERY INNOVATION CENTER INC’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.

Where its funders are

100% of BATTERY INNOVATION CENTER INC's grant income comes from Indiana funders.

IN

In-state vs out-of-state, by year

’18
’19
’20
Indiana out of state home

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.

04Its place in the field

Against its field

BATTERY INNOVATION CENTER INC has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin1% · below the median
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)29% · top quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Organizations like BATTERY INNOVATION CENTER 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • Battery Innovation Center Institute · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BATTERY INNOVATION CENTER 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 BATTERY INNOVATION CENTER INC?
BATTERY INNOVATION CENTER INC (Indiana) receives grants from 1 organization whose IRS filings report $2,477,576 to it, the largest being CENTRAL INDIANA CORPORATE PARTNERSHIP INC ($2,477,576). 1 of them have funded it in more than one year.
How many funders does BATTERY INNOVATION CENTER INC have?
IRS filings report 1 organization giving $2,477,576 in grants to BATTERY INNOVATION CENTER INC, 1 of which have funded it in more than one year.
Who is the largest funder of BATTERY INNOVATION CENTER INC?
CENTRAL INDIANA CORPORATE PARTNERSHIP INC is the largest funder on record, with $2,477,576 in grants. The full list of funders is on this page.
How can an organization like BATTERY INNOVATION CENTER 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.

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 1 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