Nonprofit screen
Screen a listIndianapolis Downtown Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.7Mrevenue
FY2024 · +174% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−13.6%
Months of reserve0.6mo
Revenue growth (annualized)+26.2%
Middle half of peersMedianIndianapolis Downtown
Where the money goes FY2024 · $3.0M spent
Programs$3.0M100%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$661k in FY2022 and −$363k in FY2024. Cash covers 0.6 months, under the peer median of 5.5.
990 Part I and balance sheetIn its favor2
Strong governance
46 of 46 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIGrowing faster than peers
Revenue up 26% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort14funders
$90ka year, last 3 years
56%from its largest funder
Funder’18’19’20’21’22’23Lilly Endowment IncOn and off$3.9M$900$90kEli Lilly and Company FoundationSince FY2020$50k$50k$50k$50kStrada Education Foundation IncOn and off$6kLumina Foundation for Education IncOn and off$250$5kEugene & Marilyn Glick FoundationSince FY2021$2k$1k$1kSalesforce FoundationOn and off$2kDonor-advised giftsDonors not disclosed$10k$10k3 other fundersUp to $500 a year each$74$12$272$500
FundedThrough a donor-advised fund