Indiana · Nonprofit
INDIANA STATE MEDICAL ASSOCIATION
INDIANA STATE MEDICAL ASSOCIATION (Indiana) receives grants from 6 organizations whose IRS filings report $193,340 to it, the largest being AMERICAN MEDICAL ASSOCIATION ($125,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $4.3M
- Funders on record
- 6
- Grants received
- $193k
- Net assets
- $18M
What Indiana State Medical Association does
Mission
The Indiana State Medical Association exists to maximize the leadership and impact of physicians.
As stated on its FY2024 Form 990.
Program
The association conducts business for the purpose of improving the knowledge and standards of medical matters in indiana. All activities are carried on to accomplish the objectives of the association. This is done through seminars and publications which extend members' medical knowledge and elevate standards of medical education, field services which keep members abreast of new developments in an ever-changing environment, and legislative services which help members participate in government to help derive the best health care system for the community, and provide benefits to members.
The program described on its FY2024 Form 990.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $22M to $19M (−14%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 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
Teresa Lovins Md
Trustee & board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base held at 3 funders, grant income rose $56k → $65k.
From the IRS filings of INDIANA STATE MEDICAL ASSOCIATION’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 STATE MEDICAL ASSOCIATION leans on a few funders — its largest provides 65% of grant income and the top three 87%; 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 STATE MEDICAL ASSOCIATION.
Largest funder’s share by year: 2020 45% · 2022 100% · 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.
Where its funders are
INDIANA STATE MEDICAL ASSOCIATION draws 78% of its grant income from funders outside Indiana, across 3 states in all.
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.
Organizations like INDIANA STATE MEDICAL ASSOCIATION
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.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 4 related entities
- Indiana Medical Foundation Inc · exempt
- Indiana Medical Political Action Committee · exempt
- Isma Employer Association Inc · exempt
- Indiana State Medical Association Insurance Agency Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for INDIANA STATE MEDICAL ASSOCIATION: 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 STATE MEDICAL ASSOCIATION?
- INDIANA STATE MEDICAL ASSOCIATION (Indiana) receives grants from 6 organizations whose IRS filings report $193,340 to it, the largest being AMERICAN MEDICAL ASSOCIATION ($125,000). 2 of them have funded it in more than one year.
- How many funders does INDIANA STATE MEDICAL ASSOCIATION have?
- IRS filings report 6 organizations giving $193,340 in grants to INDIANA STATE MEDICAL ASSOCIATION, 2 of which have funded it in more than one year.
- Who is the largest funder of INDIANA STATE MEDICAL ASSOCIATION?
- AMERICAN MEDICAL ASSOCIATION is the largest funder on record, with $125,000 in grants. The full list of funders is on this page.
- How can an organization like INDIANA STATE MEDICAL ASSOCIATION 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 6 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