Indiana · Nonprofit
BATTERY INNOVATION CENTER INSTITUTE
BATTERY INNOVATION CENTER INSTITUTE (Indiana) receives grants from 3 organizations whose IRS filings report $1,781,383 to it, the largest being LILLY ENDOWMENT INC ($1,500,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $3.3M
- Funders on record
- 3
- Grants received
- $1.8M
- Net assets
- $2.1M
What Battery Innovation Center Institute 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
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.
$4,900,362 spentof which $383 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $4,900,362.
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 2020 to 2021, from $3.5M to $10.0M (+188%).
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: 2020 0% · 2021 0% · 2022 4%. Grants only. Government contracts and fees sit inside program revenue.
0% of BATTERY INNOVATION CENTER INSTITUTE’s revenue is contributions — more earned-revenue than three-quarters of its peers (67% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 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.
Board chair
David Roberts
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2022: the base narrowed from 2 funders to 1 funder, grant income fell $260k → $21k.
From the IRS filings of BATTERY INNOVATION CENTER INSTITUTE’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
BATTERY INNOVATION CENTER INSTITUTE leans on a few funders — its largest provides 84% of grant income and the top three 100%; 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: 2021 81% · 2022 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.
Where its funders are
100% of BATTERY INNOVATION CENTER INSTITUTE's grant income comes from Indiana funders.
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.
Against its field
BATTERY INNOVATION CENTER INSTITUTE's revenue grew 34% between 2017 and 2024.
this organization peer median middle 50% of peers· 482 science & tech nonprofits $1M–$10M, FY2024
Organizations like BATTERY INNOVATION CENTER INSTITUTE
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
99% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Battery Innovation Center Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for BATTERY INNOVATION CENTER INSTITUTE: 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 BATTERY INNOVATION CENTER INSTITUTE?
- BATTERY INNOVATION CENTER INSTITUTE (Indiana) receives grants from 3 organizations whose IRS filings report $1,781,383 to it, the largest being LILLY ENDOWMENT INC ($1,500,000). 1 of them have funded it in more than one year.
- How many funders does BATTERY INNOVATION CENTER INSTITUTE have?
- IRS filings report 3 organizations giving $1,781,383 in grants to BATTERY INNOVATION CENTER INSTITUTE, 1 of which have funded it in more than one year.
- Who is the largest funder of BATTERY INNOVATION CENTER INSTITUTE?
- LILLY ENDOWMENT INC is the largest funder on record, with $1,500,000 in grants. The full list of funders is on this page.
- How can an organization like BATTERY INNOVATION CENTER INSTITUTE 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 3 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