Skip to content
Plinth
← FundingAlso makes grants — grantmaker profile →

Indiana · Nonprofit

Indianapolis Opera Company Foundation Inc

Indianapolis Opera Company Foundation Inc (Indiana) receives grants from 4 organizations whose IRS filings report $95,811 to it, the largest being Schwab Charitable Fund ($80,550). 2 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$206k
Revenue FY2025
4
Funders on record
$96k
Grants received
$2.0M
Net assets
2/4 repeat funderspeak grant-dependency 59%

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.

100 = 20212021 Revenue 100 ($423k) Expenses 100 ($12k) Net assets 100 ($729k)2022 Revenue 25 ($107k) Expenses 169 ($21k) Net assets 111 ($808k)2023 Revenue 11 ($46k) Expenses 1056 ($130k) Net assets 106 ($774k)2024 Revenue 187 ($791k) Expenses 489 ($60k) Net assets 243 ($1.8M)2025 Revenue 49 ($206k) Expenses 449 ($55k) Net assets 279 ($2.0M)
20212022202320242025
Revenue (49)Expenses (449)Net assets (279)

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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$411k
21
$87k
22
$83k
23
$731k
24
$151k
25
3.6
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5k → $27k.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF)97% 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 Opera Company Foundation 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

Indianapolis Opera Company Foundation Inc leans on a few funders — its largest provides 84% 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

97% 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 Indianapolis Opera Company Foundation Inc.

84%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 99% · 2022 100% · 2023 100%broadly stable.

“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

97% of Indianapolis Opera Company Foundation Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3k that is directly attributable, 100% of it comes from funders outside Indiana, across 1 state.

NC

Funder states come from each funder’s own filing. $93k arriving through sponsors registered in 3 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Indianapolis Opera Company Foundation Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

10
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

48%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • Indianapolis Opera Company · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Indianapolis Opera Company 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Indianapolis Opera Company Foundation Inc?
Indianapolis Opera Company Foundation Inc (Indiana) receives grants from 4 organizations whose IRS filings report $95,811 to it, the largest being Schwab Charitable Fund ($80,550). 2 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Indianapolis Opera Company Foundation Inc have?
IRS filings report 4 organizations giving $95,811 in grants to Indianapolis Opera Company Foundation Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Indianapolis Opera Company Foundation Inc?
Schwab Charitable Fund is the largest funder on record, with $80,550 in grants. The full list of funders is on this page.
How can an organization like Indianapolis Opera Company 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 4funders 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 August 27, 2026. What this page cannot tell you · view filing