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Indiana · Nonprofit

Dimension Mill INC

Dimension Mill INC (Indiana) receives grants from 2 organizations whose IRS filings report $131,000 to it, the largest being Elevate Ventures Inc ($71,500). 2 of them have funded it in more than one year.

Revenue FY2024
$2.2M
Funders on record
2
Grants received
$131k
Net assets
$-346942
2/2 repeat funderspeak grant-dependency 9%
01What it does

What Dimension Mill INC does

Mission

The Mill's mission is to build and nurture Bloomington's startup ecosystem. The Mill's vision is to become the center of tech entrepeneurship in Indiana.

As stated on its FY2024 Form 990.

Programs

  1. Operated Cowork Program to support the technology and innovation community by providing workspace, producing events, and developing programming.

    $831,830 spent$537,733 earned by the program
    49% of program spending
  2. Provided Startup Programming including tailored support and programming for startups.

    $581,935 spent$472,646 earned by the program
    34% of program spending
  3. OperatedTrades District Activation Program which provides tailored support and programming for growing companies and the innovation ecosystem.

    $275,978 spent$200,000 earned by the program
    16% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,689,743.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($812k) Expenses 100 ($152k) Net assets 100 ($746k)2019 Revenue 70 ($565k) Expenses 408 ($620k) Net assets 57 ($428k)2020 Revenue 94 ($763k) Expenses 751 ($1.1M) Net assets 40 ($298k)2021 Revenue 118 ($957k) Expenses 821 ($1.2M) Net assets 32 ($236k)2022 Revenue 158 ($1.3M) Expenses 1158 ($1.8M) Net assets -17 ($-126959)2023 Revenue 236 ($1.9M) Expenses 1328 ($2.0M) Net assets -2 ($-17386)2024 Revenue 268 ($2.2M) Expenses 1622 ($2.5M) Net assets -47 ($-346942)
2018201920202021202220232024
Revenue (268)Expenses (1622)Net assets (-47)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 2021 to 2022, from $1.1M to $1.9M (+67%).

$1.1M
$541k
$658k
$1.1M
$1.9M
$2.2M
$2.7M
2018201920202021202220232024
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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 10% · 2019 1% · 2020 24% · 2021 14% · 2022 24% · 2023 29% · 2024 30%. Grants only. Government contracts and fees sit inside program revenue.

39% of Dimension Mill INC’s revenue is contributions — about as donation-reliant as 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. 6 of the last 7 reported years ran a deficit.

$660k
’18
−$55k
’19
−$379k
’20
−$291k
’21
−$479k
’22
−$99k
’23
−$286k
’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

Ravi Bhatt

Chair

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed17151717182226
Joined·+2+5+4+2+8+5
No longer listed·434141
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income rose $8k → $16k.

Funder
'20
'21
'22
'23
total
$72k
funders
1
2
1
1

Left out of every figure on this page: $93k from 5 payers (the payer shares this organization's board, largest Indiana University Credit Union). These are real filings, and they are not money Dimension Mill INC raised.

From the IRS filings of Dimension Mill 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.

How concentrated its funding is

Dimension Mill INC leans on a few funders — its largest provides 55% 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

55% 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 Dimension Mill INC.

55%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 58% · 2022 100% · 2023 100% — broadly stable.

“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

55% of Dimension Mill INC's grant income comes from Indiana funders.

IN
NC

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

’20
’21
’22
’23
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

Dimension Mill INC has grown faster than half of the 4,203 community improvement nonprofits its size.

Operating margin−13% · bottom quartile
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)18% · above the median

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

Government funding Dimension Mill INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $486k on record.

Federal$486k
grants $460kcontracts $26k
21
23
24
25
Top agencies
  • Department of Commerce$400k
  • Department of Defense$86k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Dimension Mill 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

69% of spending goes to programs.

Program 69%Management 23%Fundraising 8%

Governance

22
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

65%

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

Part of a family of 1 related entity

  • Trade District Community Development LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Dimension Mill 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 Dimension Mill INC?
Dimension Mill INC (Indiana) receives grants from 2 organizations whose IRS filings report $131,000 to it, the largest being Elevate Ventures Inc ($71,500). 2 of them have funded it in more than one year.
How many funders does Dimension Mill INC have?
IRS filings report 2 organizations giving $131,000 in grants to Dimension Mill INC, 2 of which have funded it in more than one year.
Who is the largest funder of Dimension Mill INC?
Elevate Ventures Inc is the largest funder on record, with $71,500 in grants. The full list of funders is on this page.
How can an organization like Dimension Mill 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 Dimension Mill →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 2 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