Indiana · Nonprofit
INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC
INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC (Indiana) receives grants from 59 organizations whose IRS filings report $31,308,091 to it, the largest being LILLY ENDOWMENT INC ($20,360,250). 31 of them have funded it in more than one year.
- Revenue FY2024
- $8.5M
- Funders on record
- 59
- Grants received
- $31M
- Net assets
- $67M
What Indianapolis Motor Speedway Foundation Inc does
Mission
The Indianapolis Motor Speedway Museum brings to life the innovation, thrill, and cultural significance of motor racing at the Indianapolis Motor Speedway.
As stated on its FY2024 Form 990.
Programs
On its FY2025 return the organization reported starting a significant new program.
Significant changes in program services: The museum re-opened in April 2025, after being closed since November 2023 for substantial infrastructure and technology renovations.
Its own explanation, from Schedule O of that return (Part III, line 2).
The indianapolis motor speedway foundation, inc. Manages a museum, its collection and public programs. The museum's collection consists of historically and culturally significant items that include vehicles, race cars, racing artifacts, artwork, and publications. The museum offers a combination of rotating and permanent exhibits that focus on the history and impact of the indianapolis motor speedway, indycar racing, and motorsports. In addition, the museum offers unique tours of the speedway track and facilities. Educational and information programming for the public ranging from students on a field trip to lifelong learning opportunities, is at the heart of the work of the museum.
$8,204,892 spent$5,225,076 earned by the program100% of program spendingRestoration to preserve educate and celebrate racing history through items that are on display or participate in racing ceremonies.
$46,838 earned by the programThe distinguished speaker series, fuel up fridays and lunch & learn inform, educate and entertain racing enthusiasts through story-telling by and discussions with iconic racing personalities and behind the scenes perspectives.
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $8,204,892.
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 2022 to 2023, from $28M to $65M (+134%).
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: 2021 16% · 2022 1%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 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
Chuck Jones
Board chair & director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 25 funders, grant income rose $2k → $23M.
17 of 59 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 INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 59 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
INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC leans on a few funders — its largest provides 65% of grant income and the top three 81%; 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 92% · 2018 98% · 2019 53% · 2020 27% · 2021 26% · 2022 40% · 2023 87% — 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.
How long its funders stay
50% of INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC's funders are still giving 3 years after their first grant; 53% 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
80% of INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION 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. $845k 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.
Government funding INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $10k on record.
- National Endowment for the Humanities$10k
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 INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION 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
54% of spending goes to programs.
Governance
Public support
50%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 50 states
Screen this organization
A dated, signed PDF of the compliance screen for INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION 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 INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC?
- INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC (Indiana) receives grants from 59 organizations whose IRS filings report $31,308,091 to it, the largest being LILLY ENDOWMENT INC ($20,360,250). 31 of them have funded it in more than one year.
- How many funders does INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC have?
- IRS filings report 59 organizations giving $31,308,091 in grants to INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC, 31 of which have funded it in more than one year.
- Who is the largest funder of INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC?
- LILLY ENDOWMENT INC is the largest funder on record, with $20,360,250 in grants. The full list of funders is on this page.
- How can an organization like INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION 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 Indianapolis Motor Speedway →
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 59 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