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New York · Nonprofit

INDIESPACE INC

INDIESPACE INC (New York) receives grants from 28 organizations whose IRS filings report $4,044,477 to it, the largest being THE ANDREW W MELLON FOUNDATION ($1,150,000). 16 of them have funded it in more than one year.

Revenue FY2025
$3.4M
Funders on record
28
Grants received
$4.0M
Net assets
$3.4M
16/28 repeat funderspeak grant-dependency 83%
01What it does

What Indiespace Inc does

Mission

Indiespace celebrates and centers independent theater-making in new york city. The organization provides radically transparent, responsive and equity-focused funding, real estate programs, professional development, and advocacy to individual artists, theater companies, and indie venues.

As stated on its FY2025 Form 990.

Program

  1. Not described on the e-filed return.

    $1,346,443 spentof which $581,384 as grants$44,000 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,346,443.

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 ($57k) Expenses 100 ($65k) Net assets 100 ($8k)2018 Revenue 554 ($317k) Expenses 99 ($64k) Net assets 3375 ($261k)2019 Revenue 211 ($121k) Expenses 99 ($64k) Net assets 4102 ($317k)2020 Revenue 326 ($187k) Expenses 267 ($174k) Net assets 4264 ($330k)2021 Revenue 237 ($136k) Expenses 211 ($137k) Net assets 1007 ($78k)2022 Revenue 2679 ($1.5M) Expenses 1170 ($762k) Net assets 10986 ($849k)2023 Revenue 2153 ($1.2M) Expenses 2050 ($1.3M) Net assets 9654 ($746k)2024 Revenue 3767 ($2.2M) Expenses 1910 ($1.2M) Net assets 21414 ($1.7M)2025 Revenue 5971 ($3.4M) Expenses 2635 ($1.7M) Net assets 43393 ($3.4M)
'17'18'19'20'21'22'23'24'25
Revenue (5971)Expenses (2635)Net assets (43393)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 2024 to 2025, from $1.7M to $3.4M (+103%).

$10k
$261k
$317k
$340k
$135k
$869k
$901k
$1.7M
$3.4M
'17'18'19'20'21'22'23'24'25
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
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 3% · 2021 4% · 2022 14% · 2023 1% · 2024 0% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.

97% of INDIESPACE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$8k
’17
$253k
’18
$56k
’19
$13k
’20
−$2k
’21
$771k
’22
−$103k
’23
$912k
’24
$1.7M
’25
4.0
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

Randi Berry

Board member/executive director

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed777815151616
Joined·+0+0+1+8+1+2+1
No longer listed·0001111
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 16 funders, grant income rose $7k → $1.0M.

7 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 INDIESPACE 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

INDIESPACE INC leans on a few funders — its largest provides 28% of grant income and the top three 60%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

28%
largest funder
60%
top three
~6
effective funders

Largest funder’s share by year: 2017 100% · 2020 47% · 2021 46% · 2022 45% · 2023 39% — 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

25% of INDIESPACE INC's funders are still giving 3 years after their first grant; 57% give in more than one year at all.

first grant+1y+2y+3y

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

78% of INDIESPACE INC's grant income comes from New York funders.

IL
NY
NJ
CT
VA

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

’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $260k arriving through sponsors registered in 6 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

INDIESPACE INC runs a healthier operating margin than three-quarters of the 3,230 arts & culture nonprofits its size.

Operating margin50% · top quartile
Months of reserve4.0mo · above the median
Revenue growth (annualized)67% · top quartile

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Government funding INDIESPACE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $60k on record.

Federal$60k
grants $60kcontracts $0
22
23
24
Top agencies
  • National Endowment for the Arts$60k

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 INDIESPACE 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 New York

Nationally

05Profile & governance

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

Where the money goes

78% of spending goes to programs.

Program 78%Management 16%Fundraising 5%

Governance

16
board members
75%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

43%

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

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for INDIESPACE 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.

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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 INDIESPACE INC?
INDIESPACE INC (New York) receives grants from 28 organizations whose IRS filings report $4,044,477 to it, the largest being THE ANDREW W MELLON FOUNDATION ($1,150,000). 16 of them have funded it in more than one year.
How many funders does INDIESPACE INC have?
IRS filings report 28 organizations giving $4,044,477 in grants to INDIESPACE INC, 16 of which have funded it in more than one year.
Who is the largest funder of INDIESPACE INC?
THE ANDREW W MELLON FOUNDATION is the largest funder on record, with $1,150,000 in grants. The full list of funders is on this page.
How can an organization like INDIESPACE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 2017–2025), and the filings of 28 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 14, 2026. What this page cannot tell you · view filing