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Indiana · Nonprofit

Indianapolis Private Industry Council

Indianapolis Private Industry Council (Indiana) receives grants from 36 organizations whose IRS filings report $40,720,877 to it, the largest being LILLY ENDOWMENT INC ($21,050,508). 21 of them have funded it in more than one year.

Revenue FY2025
$26M
Funders on record
36
Grants received
$41M
Net assets
$5.7M
21/36 repeat funderspeak grant-dependency 47%
01What it does

What Indianapolis Private Industry Council does

Mission

The Indianapolis Private Industry Council, inc., doing business as employindy, the workforce investment board for marion county, is a not-for-profit corporation responsible for the development of the marion county workforce. Employindy convenes community leaders to address (continued on schedule o)

As stated on its FY2025 Form 990.

Programs

  1. The workforce innovation and opportunity act (wioa) helps job seekers and workers access employment, education, training, and supportive services to succeed in the labor market, and match employers with the skilled workers they need to compete in the global economy. Career services are implemented through the local workone system, a cornerstone of advancing the public workforce system. Between july 1, 2024, and june 30, 2025, there were over 30,000 workone indy visits. Individuals utilized workon services by accessing services through public computers, attended re-employment events, and participated in workshops or completed assessments.

    $11,481,028 spent
    46% of program spending
  2. Arpa - employindy's arpa-funded portfolio collectively focused on reconnecting marion county residents to quality jobs while strengthening long-term workforce systems through partnerships, technology, and sector-based training. The connect talent project paired a tech-enabled job-matching platform with high-touch career coaching, supporting over 8,800 job seekers and connecting more than 1,400 residents to employment while expanding employer engagement and partnerships. Complementing this, the talent pipelines initiative trained more than 550 residents across high-demand sectors by aligning employer needs with targeted education and training strategies. Within talent pipelines, advanced manufacturing, construction, and healthcare pathways created scalable entry points into stable careers through hands-on training, pre-apprenticeships, and employer-led program design. Additional resources, micro-programs, and choice employers projects further expanded access to short-term training, wraparound supports, (continued on schedule o)

    $5,930,720 spent
    24% of program spending
  3. Yes indy - yes indy is a comprehensive workforce development initiative that reconnects opportunity youth ages 16-24 in marion county to education, training, and employment through a coordinated network of community-based providers. Between july 1, 2024 and june 30, 2025, 681 young people were engaged in re-engagement, coaching, and career development services designed to support long-term success. The program delivers a structured career pathway model that includes job readiness, occupational training, work-based learning, and ongoing case management and wraparound supports. As a result, 56% of participants transitioned into education, credential training, or career preparation pathways, demonstrating strong progress toward sustainable outcomes. Yes indy prioritizes youth facing significant barriers, including housing instability, justice involvement, and limited work history, ensuring equitable access to opportunity. The program also generates significant community impact, producing an estimated $17.1 million in savings through reduced justice system involvement, increased earnings, and decreased reliance on public assistance.

    $2,322,553 spent
    9% of program spending
  4. Other grants received from the federal, state and local government, as well as, private foundations. Grants are utilized to tuther the organization's strategic initiatives including career-connected learning, coaching and training, talent connection and good jobs. These interventions aim to prepare students for success in 21st-century economy, assist workers in finding employment, and improve job quality and wage equity for businesses.

    $5,308,519 spent
    21% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $25,042,820.

02The organization over time

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.

100 = 20172017 Revenue 100 ($16M) Expenses 100 ($16M) Net assets 100 ($761k)2018 Revenue 135 ($21M) Expenses 106 ($17M) Net assets 654 ($5.0M)2019 Revenue 90 ($14M) Expenses 90 ($14M) Net assets 629 ($4.8M)2020 Revenue 97 ($15M) Expenses 93 ($15M) Net assets 680 ($5.2M)2022 Revenue 174 ($27M) Expenses 136 ($22M) Net assets 1462 ($11M)2023 Revenue 125 ($20M) Expenses 144 ($23M) Net assets 1033 ($7.9M)2024 Revenue 167 ($26M) Expenses 168 ($27M) Net assets 964 ($7.3M)2025 Revenue 165 ($26M) Expenses 173 ($28M) Net assets 746 ($5.7M)
'17'18'19'20'22'23'24'25
Revenue (165)Expenses (173)Net assets (746)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $3.0M to $7.0M (+130%).

$3.0M
$7.0M
$7.1M
$7.2M
$13M
$13M
$12M
$9.8M
'17'18'19'20'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 93% · 2018 75% · 2019 98% · 2020 77% · 2022 64% · 2023 71% · 2024 47% · 2025 58%. Grants only. Government contracts and fees sit inside program revenue.

100% of Indianapolis Private Industry Council’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).

This organization
Typical peer · 458 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$256k
’17
$4.2M
’18
−$194k
’19
$392k
’20
$5.5M
’22
−$3.3M
’23
−$606k
’24
−$1.7M
’25
0.7
months of
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.

Chief executive

Marie Mackintosh

President/CEO

Board chair

Elizabeth Rovazzini

Chairperson

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

202320242025
Listed313336
Joined·+10+11
No longer listed·88
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 13 funders, grant income rose $410k → $9.3M.

3 of 36 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% 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 Private Industry Council’s funders (the co-funder graph). Top 30 of 36 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 Private Industry Council leans on a few funders — its largest provides 52% of grant income and the top three 80%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

52%
largest funder
80%
top three
~3
effective funders

Largest funder’s share by year: 2017 49% · 2018 93% · 2019 85% · 2020 62% · 2021 50% · 2022 34% · 2023 58% — 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.

How long its funders stay

44% of Indianapolis Private Industry Council's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

65% of Indianapolis Private Industry Council's grant income comes from Indiana funders.

WA
IL
NY
MA
IN
OH
CT
CA
CO
KY
VA
MD
AR
NC
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $946k arriving through sponsors registered in 2 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.

04Its place in the field

Against its field

Indianapolis Private Industry Council has grown faster than half of the 290 employment nonprofits its size.

Operating margin−6% · bottom quartile
Months of reserve0.7mo · bottom quartile
Revenue growth (annualized)6% · above the median

this organization peer median middle 50% of peers· 290 employment nonprofits $10M–$100M, FY2025

Government funding Indianapolis Private Industry Council receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.4M on record.

Federal$2.4M
grants $2.4Mcontracts $0
Top agencies
  • Department of Labor$2.4M

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 Private Industry Council

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

05Profile & governance

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

Where the money goes

90% of spending goes to programs.

Program 90%Management 9%Fundraising 0%

Governance

23
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

89%

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

Screen this organization

A dated, signed PDF of the compliance screen for Indianapolis Private Industry Council: 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.

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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 Private Industry Council?
Indianapolis Private Industry Council (Indiana) receives grants from 36 organizations whose IRS filings report $40,720,877 to it, the largest being LILLY ENDOWMENT INC ($21,050,508). 21 of them have funded it in more than one year.
How many funders does Indianapolis Private Industry Council have?
IRS filings report 36 organizations giving $40,720,877 in grants to Indianapolis Private Industry Council, 21 of which have funded it in more than one year.
Who is the largest funder of Indianapolis Private Industry Council?
LILLY ENDOWMENT INC is the largest funder on record, with $21,050,508 in grants. The full list of funders is on this page.
How can an organization like Indianapolis Private Industry Council 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 Private Industry Council →

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 36 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