Indiana · Nonprofit
INDIANA INSTITUTE OF TECHNOLOGY INC
INDIANA INSTITUTE OF TECHNOLOGY INC (Indiana) receives grants from 73 organizations whose IRS filings report $29,259,668 to it, the largest being LILLY ENDOWMENT INC ($23,540,470). 35 of them have funded it in more than one year.
- Revenue FY2025
- $144M
- Funders on record
- 73
- Grants received
- $29M
- Net assets
- $295M
What Indiana Institute of Technology Inc does
Mission
Indiana tech is a private, independent, and non-denominational university. Students are prepared for active participation in the complex, global society of the 21st century and are motivated toward a life of significance and worth. About 1,300 students are enrolled in the traditional day school, and the college of professional studies has about 5,500 students enrolled.
As stated on its FY2025 Form 990.
Program
At indiana institute of technology, we excel at educating students from all walks of life, for all kinds of meaningful work. We're a truly inclusive community of learners, ensuring that students are supported, inspired, and empowered to maximize their professional prospects, advance in their careers, and improve their lives and the lives of others. We believe students learn best when they meaningfully engage with a real-world professor. With an alum. With a cause. With a team. With a peer. Simply put, our model is hands-on. Indiana tech offers degrees at the associate, bachelor's, master's and doctoral levels, in fields such as engineering, computer sciences, cybersecurity, business, analytics, criminal justice, biology, health sciences, and more. In all, the university offers more than 60 quality degree options.
$99,071,392 spentof which $46,669,819 as grants$102,671,116 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $99,071,392.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $275M to $326M (+19%).
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.
Government-grant reliance: 2017 8% · 2018 9% · 2019 8% · 2020 10% · 2021 14% · 2022 16% · 2023 5%. Grants only. Government contracts and fees sit inside program revenue.
19% of INDIANA INSTITUTE OF TECHNOLOGY INC’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
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.
Who funds it, year by year
2017 → 2023: the base broadened from 16 funders to 25 funders, grant income rose $364k → $1.3M.
13 of 73 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% 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 INSTITUTE OF TECHNOLOGY INC’s funders (the co-funder graph). Top 30 of 73 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 INSTITUTE OF TECHNOLOGY INC leans on a few funders — its largest provides 80% 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
Largest funder’s share by year: 2017 29% · 2018 55% · 2019 57% · 2020 89% · 2021 58% · 2022 45% · 2023 61% — 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
38% of INDIANA INSTITUTE OF TECHNOLOGY INC's funders are still giving 3 years after their first grant; 48% give in more than one year at all.
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
95% of INDIANA INSTITUTE OF TECHNOLOGY INC's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $350k arriving through sponsors registered in 10 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.
Against its field
INDIANA INSTITUTE OF TECHNOLOGY INC runs a healthier operating margin than half of the 684 education nonprofits its size.
this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025
Government funding INDIANA INSTITUTE OF TECHNOLOGY INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $26.9M on record — $26.9M federal, $34 state.
- Department of Education$23.8M
- Department of Commerce$1.5M
- National Science Foundation$1.3M
- Department of Health and Human Services$287k
- REFUNDS - GENERAL $34
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 INDIANA INSTITUTE OF TECHNOLOGY 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Independent Colleges of Indiana · exempt
Screen this organization
A dated, signed PDF of the compliance screen for INDIANA INSTITUTE OF TECHNOLOGY 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.
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 INSTITUTE OF TECHNOLOGY INC?
- INDIANA INSTITUTE OF TECHNOLOGY INC (Indiana) receives grants from 73 organizations whose IRS filings report $29,259,668 to it, the largest being LILLY ENDOWMENT INC ($23,540,470). 35 of them have funded it in more than one year.
- How many funders does INDIANA INSTITUTE OF TECHNOLOGY INC have?
- IRS filings report 73 organizations giving $29,259,668 in grants to INDIANA INSTITUTE OF TECHNOLOGY INC, 35 of which have funded it in more than one year.
- Who is the largest funder of INDIANA INSTITUTE OF TECHNOLOGY INC?
- LILLY ENDOWMENT INC is the largest funder on record, with $23,540,470 in grants. The full list of funders is on this page.
- How can an organization like INDIANA INSTITUTE OF TECHNOLOGY 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 FY2025 (financials across 2017–2025), and the filings of 73 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