Skip to content

Indiana · Nonprofit

Indiana Black Expo Inc

Indiana Black Expo Inc (Indiana) receives grants from 32 organizations whose IRS filings report $13,099,984 to it, the largest being LILLY ENDOWMENT INC ($10,205,588). 18 of them have funded it in more than one year.

Revenue FY2024
$4.8M
Funders on record
32
Grants received
$13M
Net assets
$6.8M
18/32 repeat funderspeak grant-dependency 41%
01What it does

What Indiana Black Expo Inc does

Mission

Indiana Black Expo, Inc. was organized to establish scholarships; develop, implement and support youth programs; and to inform and educate the public as to the economic, educational, political, religious, and social achievements and cultural development of African-Americans.

As stated on its FY2024 Form 990.

Program

Summer Celebration: Summer Celebration serves as a conduit for the Indianapolis community, the state of Indiana and the nation at-large. Summer Celebration began in 1970 at the end of the Civil Rights movement as an effort to bring awareness of business opportunities and achievements of African Americans within the Indianapolis community. Since those early days, it has become a fixture for Indianapolis tourism, business, political and academic communities while also serving as a social awareness vehicle for the advancement of African Americans. Summer Celebration provides financial resources for the Organization's youth and family and social responsibility efforts.

The first program described on its most recent Form 990, which lists programs largest first by expense.

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 ($3.6M) Expenses 100 ($3.8M) Net assets 100 ($2.7M)2018 Revenue 103 ($3.8M) Expenses 101 ($3.8M) Net assets 98 ($2.6M)2019 Revenue 136 ($4.9M) Expenses 97 ($3.6M) Net assets 147 ($3.9M)2020 Revenue 99 ($3.6M) Expenses 74 ($2.8M) Net assets 179 ($4.8M)2021 Revenue 95 ($3.5M) Expenses 79 ($3.0M) Net assets 196 ($5.2M)2022 Revenue 121 ($4.4M) Expenses 104 ($3.9M) Net assets 216 ($5.8M)2023 Revenue 197 ($7.2M) Expenses 149 ($5.6M) Net assets 275 ($7.3M)2024 Revenue 133 ($4.8M) Expenses 142 ($5.3M) Net assets 256 ($6.8M)
'17'18'19'20'21'22'23'24
Revenue (133)Expenses (142)Net assets (256)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 2018 to 2019, from $2.7M to $4.5M (+66%).

$2.8M
$2.7M
$4.5M
$5.2M
$5.6M
$6.1M
$7.7M
$7.2M
'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 13% · 2018 5% · 2019 14% · 2020 14% · 2021 7% · 2022 5% · 2023 0% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

71% of Indiana Black Expo Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (97% for the typical peer).

This organization
Typical peer · 1,024 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$125k
’17
−$41k
’18
$1.3M
’19
$805k
’20
$486k
’21
$486k
’22
$1.6M
’23
−$503k
’24
5.2
months of
reserve
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 9 funders, grant income rose $393k → $2.5M.

6 of 32 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 Black Expo Inc’s funders (the co-funder graph). Top 30 of 32 funders by total. 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

Indiana Black Expo Inc leans on a few funders — its largest provides 78% of grant income and the top three 89%; half comes from just 1 funder.

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

78%
largest funder
89%
top three
~2
effective funders

Largest funder’s share by year: 2017 71% · 2018 91% · 2019 78% · 2020 84% · 2021 91% · 2022 66% · 2023 77% — 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

60% of Indiana Black Expo Inc's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

89% of Indiana Black Expo Inc's grant income comes from Indiana funders.

IL
NY
IN
OH
PA
MO

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. $457k arriving through sponsors registered in 5 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

Indiana Black Expo Inc's funding base is broadening — from 8 funders to 9 as grant income climbed.

Operating margin−10% · bottom quartile
Months of reserve5.2mo · below the median
Revenue growth (annualized)4% · bottom quartile

this organization peer median middle 50% of peers· 978 civil rights nonprofits $1M–$10M, FY2024

Organizations like Indiana Black Expo 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

72% of spending goes to programs.

Program 72%Management 25%Fundraising 3%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

56%

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 Indiana Black Expo 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 Indiana Black Expo Inc?
Indiana Black Expo Inc (Indiana) receives grants from 32 organizations whose IRS filings report $13,099,984 to it, the largest being LILLY ENDOWMENT INC ($10,205,588). 18 of them have funded it in more than one year.
How many funders does Indiana Black Expo Inc have?
IRS filings report 32 organizations giving $13,099,984 in grants to Indiana Black Expo Inc, 18 of which have funded it in more than one year.
Who is the largest funder of Indiana Black Expo Inc?
LILLY ENDOWMENT INC is the largest funder on record, with $10,205,588 in grants. The full list of funders is on this page.
How can an organization like Indiana Black Expo 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.

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 32 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 22, 2026. What this page cannot tell you · view filing