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Indiana · Nonprofit

DIVERSITY & INNOVATION INSTITUTE INC

DIVERSITY & INNOVATION INSTITUTE INC (Indiana) receives grants from 5 organizations whose IRS filings report $938,632 to it, the largest being LILLY ENDOWMENT INC ($899,218). 2 of them have funded it in more than one year.

Revenue FY2024
$598k
Funders on record
5
Grants received
$939k
Net assets
$49k
2/5 repeat funderspeak grant-dependency 50%
01What it does

What Diversity & Innovation Institute Inc does

Mission

To unlock innovative potential through stem education for a diverse audience in an inclusive and equitable manner

As stated on its FY2024 Form 990.

Programs

  1. In 2022, innovation boulevard (iblvd) empowered 70 youth through its after-school and summer programs. As part of the national 21st century community learning centers, iblvd provided a holistic approach to education, offering mentoring, homework assistance, physical activities, and project-based learning. The program not only improved academic performance but also fostered a strong sense of community among participants

    $238,633 spent$10,295 earned by the program
    74% of program spending
  2. Two immersive stem programs were offered during the summer of 2022: the young innovators quest (yiq) program and the ideaa summer program. These programs offer a variety of stem skills and experiences to high school students with focus on innovation, research and product development. Participants of these programs attended industry visits, gained experience through project-based-learning, visited college campuses and had hands-on experience in laboratories. Stem enrichment activities include: research, 3d printing, laser engraving, computer aided design (cad), computer aided engineering (cae), technical communications, mechatronics, wet lab biological biological preparation, lab instruments overview, forensics, dna extraction, virtual and augmented reality, microscopy, and human anatomy among other. In 2022, yiq served 13 high school age students and the ideaa summer served 25 high school age students. These programs motivate and train high school students to become innovators in stem, better problem solvers, better team collaborators, better communicators; and help them with making better informed career choices.

    $48,287 spent
    15% of program spending
  3. The award-winning tech literacy program provided an introduction to computer software skills to 113 students in grades 5 through 8. The skills they learned are commonly used in the workforce, help improve academic achievement, and reinforce computer science learning. Tech literacy equips underprivileged children with skills that will prepare them for summer internships or jobs, college, and the workforce. Workshops included an introduction to word processors, spreadsheets, presentations, internet safety, emailing, and computer hardware.

    $16,396 spent
    5% of program spending
  4. The award-winning tech literacy program provides an introduction to computer software skills to students in grades 3 through 8. The skills they learn are commonly used in the workforce and help improve academics and reinforce academic learning. Tech literacy equips underpriveleged children with skills that will prepare them for summer internships or jobs, college, and/or the workforce. Approximately 100 students served annually.

    $17,420 spent
    5% of program spending

The 4 programs described on its FY2022 Form 990, listed largest first by expense. Program spending in total: $320,736.

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 ($1.4M) Expenses 100 ($1.3M) Net assets 100 ($113k)2018 Revenue 49 ($682k) Expenses 52 ($696k) Net assets 87 ($99k)2019 Revenue 60 ($835k) Expenses 48 ($641k) Net assets 258 ($293k)2020 Revenue 32 ($447k) Expenses 47 ($634k) Net assets 93 ($106k)2021 Revenue 22 ($307k) Expenses 38 ($508k) Net assets -83 ($-94468)2022 Revenue 25 ($345k) Expenses 34 ($457k) Net assets -182 ($-206208)2023 Revenue 81 ($1.1M) Expenses 42 ($560k) Net assets 327 ($371k)2024 Revenue 43 ($598k) Expenses 60 ($807k) Net assets 43 ($49k)
'17'18'19'20'21'22'23'24
Revenue (43)Expenses (60)Net assets (43)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 2022 to 2023, from $306k to $887k (+190%).

$115k
$103k
$343k
$269k
$428k
$306k
$887k
$552k
'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: 2017 21% · 2018 41% · 2019 87% · 2020 35% · 2021 26% · 2022 92% · 2023 46% · 2024 80%. Grants only. Government contracts and fees sit inside program revenue.

96% of DIVERSITY & INNOVATION INSTITUTE INC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 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.

$52k
’17
−$14k
’18
$194k
’19
−$187k
’20
−$200k
’21
−$112k
’22
$577k
’23
−$209k
’24
7.4
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.

'17'18'19'20'21'22'23'24
Listed98689989
Joined·+2+0+4+1+4+2+2
No longer listed·3220431
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $39k → $573k.

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% 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 DIVERSITY & INNOVATION INSTITUTE 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

DIVERSITY & INNOVATION INSTITUTE INC leans on a few funders — its largest provides 96% of grant income and the top three 99%; half comes from just 1 funder.

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

96%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 81% · 2019 100% · 2020 100% · 2021 100% · 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

100% of DIVERSITY & INNOVATION INSTITUTE INC's grant income comes from Indiana funders.

IN

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. $20k arriving through sponsors registered in 2 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.

04Its place in the field

Against its field

DIVERSITY & INNOVATION INSTITUTE INC is better cushioned than half of the 22,812 education nonprofits its size.

Operating margin−35% · bottom quartile
Months of reserve7.4mo · above the median
Revenue growth (annualized)−11% · bottom quartile

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Organizations like DIVERSITY & INNOVATION INSTITUTE 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

50% of spending goes to programs.

Program 50%Management 37%Fundraising 12%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

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

IN

Screen this organization

A dated, signed PDF of the compliance screen for DIVERSITY & INNOVATION INSTITUTE 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 DIVERSITY & INNOVATION INSTITUTE INC?
DIVERSITY & INNOVATION INSTITUTE INC (Indiana) receives grants from 5 organizations whose IRS filings report $938,632 to it, the largest being LILLY ENDOWMENT INC ($899,218). 2 of them have funded it in more than one year.
How many funders does DIVERSITY & INNOVATION INSTITUTE INC have?
IRS filings report 5 organizations giving $938,632 in grants to DIVERSITY & INNOVATION INSTITUTE INC, 2 of which have funded it in more than one year.
Who is the largest funder of DIVERSITY & INNOVATION INSTITUTE INC?
LILLY ENDOWMENT INC is the largest funder on record, with $899,218 in grants. The full list of funders is on this page.
How can an organization like DIVERSITY & INNOVATION INSTITUTE 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 Diversity & Innovation Institute →

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 5 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