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Indiana · Nonprofit
Indiana Biosciences Research Institute Inc (Indiana) is funded by 6 grantmakers whose IRS filings report $12,996,403 in grants to it, the largest being LILLY ENDOWMENT INC ($6,066,864). 2 of them have funded it in more than one year.
Against its field
Indiana Biosciences Research Institute Inc has grown faster than half of the 437 science & tech nonprofits its size.
this organization peer median middle 50% of peers· 437 science & tech nonprofits $1M–$10M, FY2024
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
The funding model — what share of revenue comes from contributions, programs, investments and other sources — and whether it's shifting.
Government-grant reliance: 2024 14%. Grants only — government contracts and fees sit inside program revenue.
47% of Indiana Biosciences Research Institute Inc’s revenue is contributions — about as donation-reliant as the typical peer (70% for the typical peer).
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.
The base broadened — 1 funders to 2 as grant income moved $150k → $1.4M.
2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 Indiana Biosciences Research Institute Inc’s funders (the co-funder graph). Association, not causation.
Indiana Biosciences Research Institute Inc leans on a few funders — its largest provides 47% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2018 100% · 2019 92% · 2020 93% · 2021 100% · 2022 92% · 2023 62% · 2024 62% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
Indiana Biosciences Research Institute Inc is locally rooted: 85% of its grant income comes from Indiana funders.
In-state vs out-of-state, by year
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.
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.
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $340k on record.
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.
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.
Read directly from this organization’s own Form 990, as neutral context.
84% of spending goes to programs.
Operates in 1 state
Part of a family of 6 related entities
Every figure is 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 6funders 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. view filing