Skip to content
Plinth
Funding

Indiana · Nonprofit

Carmel Symphony Orchestra

Carmel Symphony Orchestra (Indiana) receives grants from 11 organizations whose IRS filings report $439,096 to it, the largest being William H & Brenda L Culpepper Family Foundation ($341,289). 4 of them have funded it in more than one year.

$977k
Revenue FY2025
11
Funders on record
$439k
Grants received
$144k
Net assets
4/11 repeat funderspeak grant-dependency 16%

Against its field

Carmel Symphony Orchestra's funding base is broadening — from 2 funders to 4 as grant income climbed.

Operating margin−10% · bottom quartile
Months of reserve1.6mo · bottom quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 10,664 arts & culture nonprofits $100k–$1M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($677k) Expenses 100 ($695k) Net assets 100 ($299k)2018 Revenue 86 ($579k) Expenses 90 ($626k) Net assets 84 ($253k)2019 Revenue 111 ($752k) Expenses 121 ($841k) Net assets 55 ($163k)2020 Revenue 111 ($751k) Expenses 116 ($808k) Net assets 27 ($82k)2021 Revenue 157 ($1.1M) Expenses 72 ($499k) Net assets 217 ($649k)2022 Revenue 107 ($725k) Expenses 109 ($756k) Net assets 207 ($618k)2023 Revenue 119 ($808k) Expenses 135 ($935k) Net assets 164 ($490k)2024 Revenue 114 ($770k) Expenses 147 ($1.0M) Net assets 79 ($238k)2025 Revenue 144 ($977k) Expenses 154 ($1.1M) Net assets 48 ($144k)
'17'18'19'20'21'22'23'24'25
Revenue (144)Expenses (154)Net assets (48)Peer revenue range

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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 36% · 2018 50% · 2019 37% · 2021 64% · 2022 43% · 2023 32% · 2024 36% · 2025 28%. Grants only. Government contracts and fees sit inside program revenue.

69% of Carmel Symphony Orchestra’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,459 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 reported years ran a deficit.

$18k
17
$47k
18
$89k
19
$57k
20
$566k
21
$31k
22
$127k
23
$254k
24
$95k
25
1.6
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $8k → $75k.

3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF)14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Carmel Symphony Orchestra’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

Carmel Symphony Orchestra leans on a few funders — its largest provides 78% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

78%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2017 64% · 2018 91% · 2019 55% · 2020 95% · 2021 60% · 2022 44% · 2023 88%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 Carmel Symphony Orchestra's funders are still giving 3 years after their first grant; 36% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

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

99% of Carmel Symphony Orchestra's grant income comes from Indiana funders.

NY
IN
FL

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

17
18
19
20
21
22
23
Indiana out of state home

Funder states come from each funder’s own filing. $60k arriving through sponsors registered in 3 states 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 11 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Carmel Symphony Orchestra

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

04Profile & governance

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

Where the money goes

78% of spending goes to programs.

Program 78%Management 12%Fundraising 9%

Governance

18
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for Carmel Symphony Orchestra: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Carmel Symphony Orchestra?
Carmel Symphony Orchestra (Indiana) receives grants from 11 organizations whose IRS filings report $439,096 to it, the largest being William H & Brenda L Culpepper Family Foundation ($341,289). 4 of them have funded it in more than one year.
How many funders does Carmel Symphony Orchestra have?
IRS filings report 11 organizations giving $439,096 in grants to Carmel Symphony Orchestra, 4 of which have funded it in more than one year.
Who is the largest funder of Carmel Symphony Orchestra?
William H & Brenda L Culpepper Family Foundation is the largest funder on record, with $341,289 in grants. The full list of funders is on this page.
How can an organization like Carmel Symphony Orchestra 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 FY2025 (financials across 2017–2025), and the filings of 11funders 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 August 27, 2026. What this page cannot tell you · view filing