Indiana · Nonprofit
INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC
INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC (Indiana) receives grants from 3 organizations whose IRS filings report $573,057 to it, the largest being UNITED WAY OF CENTRAL INDIANA INC ($473,881). 2 of them have funded it in more than one year.
- Revenue FY2025
- $9.1M
- Funders on record
- 3
- Grants received
- $573k
- Net assets
- $7.5M
What Indiana Math & Science Academy - Indianapolis Inc does
Mission
To provide for an environment of learning for educationally under-resourced students through a rigorous college preparatory program focusing on science, mathematics, and technology in an atmosphere that provides students, parents, and teachers opportunities for continuous growth, enabling them to reach their highest potential in life.
As stated on its FY2025 Form 990.
Programs
Our school offered an academic program aimed at providing a comprehensive and nurturing educational environment for students in kindergarten through 8th grade and to foster academic excellence, personal growth, and social development. Through a rigorous curriculum, dedicated educators, and a supportive community, we strive to equip students with essential knowledge, critical thinking skills, and values that will prepare them for success in higher education and in life.clients served: 550 students in grades k-8.duration: provided throughout the academic year, consisting of 30-week sessions.activities: conducted daily lessons and interactive learning activities, resulting in an average 5% improvement in standardized test scores.
$5,814,307 spent$638,043 earned by the program100% of program spendingSummer enrichment program:objective: our school offered an academic enrichment program aimed at improving students' core skills in math and language arts.clients served: approximately 150 students, parents, and community members.duration: during summer break, from june to mid july.activities: conducted daily math and ela lessons, tutoring sessions, and interactive learning activities.
Steam extracurricular program:objective: offered a science, technology, engineering, arts, and math (steam) program to promote hands-on learning and creativity.clients served: 550 students in grades k-8.duration: two semesters.activities: conducted weekly steam lessons, including robotics, coding, and art projects, resulting in a 20% increase in student interest in steam-related subjects
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,814,307.
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 2022 to 2023, from $6.4M to $8.4M (+31%).
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 98% · 2018 99% · 2019 98% · 2020 98% · 2021 99% · 2022 99% · 2023 97% · 2024 91% · 2025 84%. Grants only. Government contracts and fees sit inside program revenue.
92% of INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 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.
Board chair
Jim Sparks
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $500 → $425k.
From the IRS filings of INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS 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
INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC.
Largest funder’s share by year: 2020 100% · 2023 89% — 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.
Where its funders are
100% of INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS 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. 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 MATH & SCIENCE ACADEMY - INDIANAPOLIS INC runs a healthier operating margin than half of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Organizations like INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS 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
71% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Indiana Math & Science Academy - North Indianapolis Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS 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 MATH & SCIENCE ACADEMY - INDIANAPOLIS INC?
- INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC (Indiana) receives grants from 3 organizations whose IRS filings report $573,057 to it, the largest being UNITED WAY OF CENTRAL INDIANA INC ($473,881). 2 of them have funded it in more than one year.
- How many funders does INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC have?
- IRS filings report 3 organizations giving $573,057 in grants to INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC, 2 of which have funded it in more than one year.
- Who is the largest funder of INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS INC?
- UNITED WAY OF CENTRAL INDIANA INC is the largest funder on record, with $473,881 in grants. The full list of funders is on this page.
- How can an organization like INDIANA MATH & SCIENCE ACADEMY - INDIANAPOLIS 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 Indiana Math & Science Academy - Indianapolis →
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 3 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