Skip to content

California · Nonprofit

INDEXICAL INC

INDEXICAL INC (California) receives grants from 11 organizations whose IRS filings report $322,974 to it, the largest being WHH FOUNDATION ($80,000). 8 of them have funded it in more than one year.

Revenue FY2025
$125k
Funders on record
11
Grants received
$323k
Net assets
$3k
8/11 repeat funderspeak grant-dependency 45%
01What it does

What Indexical Inc does

Mission

Indexical is dedicated to experimentation in music. We engage the public in radical and unfamiliar work through performance, publication, documentation, educational initiatives, and discussion.

As stated on its FY2025 Form 990.

Program

  1. Concerts, lectures, and documentation of experimental music

    $101,739 spentof which $2,805 as grants$31,782 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $101,739.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($96k) Expenses 100 ($57k) Net assets 100 ($33k)2022 Revenue 299 ($286k) Expenses 370 ($211k) Net assets 332 ($108k)2023 Revenue 238 ($228k) Expenses 568 ($323k) Net assets 40 ($13k)2024 Revenue 179 ($171k) Expenses 301 ($171k) Net assets 40 ($13k)2025 Revenue 130 ($125k) Expenses 237 ($135k) Net assets 9 ($3k)
20212022202320242025
Revenue (130)Expenses (237)Net assets (9)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 $110k to $13k (−88%).

$39k
$110k
$13k
$25k
$13k
20212022202320242025
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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 3% · 2023 28% · 2024 18% · 2025 20%. Grants only. Government contracts and fees sit inside program revenue.

72% of INDEXICAL INC’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$39k
’21
$76k
’22
−$95k
’23
$116
’24
−$10k
’25
1.2
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.

2022202320242025
Listed6677
Joined·+2+2+0
No longer listed·210
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $6k → $103k.

3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% 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 INDEXICAL 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

INDEXICAL INC has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

25%
largest funder
67%
top three
~6
effective funders

Largest funder’s share by year: 2020 100% · 2021 69% · 2022 66% · 2023 39% — diversifying over time.

“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

75% of INDEXICAL INC's funders are still giving 2 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y

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

65% of INDEXICAL INC's grant income comes from California funders.

NY
CA
AZ
NC

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

’20
’21
’22
’23
California 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.

04Its place in the field

Against its field

INDEXICAL INC's funding base is broadening — from 1 funders to 6 as grant income climbed.

Operating margin−8% · bottom quartile
Months of reserve1.2mo · bottom quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like INDEXICAL 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 California

Nationally

05Profile & governance

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

Where the money goes

75% of spending goes to programs.

Program 75%Management 19%Fundraising 5%

Governance

7
board members
86%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

60%

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

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for INDEXICAL 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 INDEXICAL INC?
INDEXICAL INC (California) receives grants from 11 organizations whose IRS filings report $322,974 to it, the largest being WHH FOUNDATION ($80,000). 8 of them have funded it in more than one year.
How many funders does INDEXICAL INC have?
IRS filings report 11 organizations giving $322,974 in grants to INDEXICAL INC, 8 of which have funded it in more than one year.
Who is the largest funder of INDEXICAL INC?
WHH FOUNDATION is the largest funder on record, with $80,000 in grants. The full list of funders is on this page.
How can an organization like INDEXICAL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 Indexical →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 11 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