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Indiana · Nonprofit

INDY CRITERIUM INC

INDY CRITERIUM INC (Indiana) receives grants from 6 organizations whose IRS filings report $109,454 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($74,000). 4 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$356k
Funders on record
6
Grants received
$109k
Net assets
$57k
4/6 repeat funderspeak grant-dependency 8%
01What it does

What Indy Criterium Inc does

Mission

To positively impact indianapolis and the central indiana community by organizing, managing, directing or operating high quality bicycle events and festivals. To be involved with other events that promote urban education, sport, and healthy lifestyles, and utilizing the proceeds from such events to assist other charities who serve to improve central indiana and the indianapolis community, including charities serving youth with mentoring, health, or physical fitness programs.

As stated on its FY2025 Form 990.

Program

  1. The primary program of indy criterium, inc. Is the annual momentum indy festival. The event is a cultural celebration of community, bicycling, health, wellness and outdoor recreation promoting indianapolis as a culturally vibrant city. The momentum indy festival is a two-day, family friendly event in downtown indianapolis that promotes healthy lifestyle activities through community bicycle rides, bike races, youth fitness activities, kids zone, junior races, and kids bicycle races. The momentum indy festival promotes culture, diversity and community through the honor major taylor community ride. Divas is a year-round riding and mentorship program for women seeking an alternative, healthy lifestyle.

    $306,459 spent$315,702 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $306,459.

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 ($138k) Expenses 100 ($136k) Net assets 100 ($18k)2018 Revenue 88 ($121k) Expenses 91 ($124k) Net assets 84 ($15k)2019 Revenue 128 ($176k) Expenses 117 ($160k) Net assets 176 ($31k)2020 Revenue 6 ($8k) Expenses 11 ($15k) Net assets 138 ($25k)2021 Revenue 140 ($193k) Expenses 134 ($183k) Net assets 196 ($35k)2022 Revenue 262 ($361k) Expenses 263 ($359k) Net assets 207 ($37k)2023 Revenue 259 ($357k) Expenses 270 ($369k) Net assets 141 ($25k)2024 Revenue 256 ($353k) Expenses 267 ($364k) Net assets 79 ($14k)2025 Revenue 258 ($356k) Expenses 236 ($321k) Net assets 318 ($57k)
'17'18'19'20'21'22'23'24'25
Revenue (258)Expenses (236)Net assets (318)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 $32k to $78k (+141%).

$18k
$20k
$36k
$25k
$37k
$38k
$27k
$32k
$78k
'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

59% of INDY CRITERIUM INC’s revenue is contributions — more donation-reliant than the typical peer (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$2k
’17
−$3k
’18
$16k
’19
−$7k
’20
$10k
’21
$2k
’22
−$12k
’23
−$11k
’24
$35k
’25
2.8
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.

'17'18'19'21'22'23'24'25
Listed1010101113111112
Joined·+0+1·+4+1+0+7
No longer listed·01·2306
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $250 → $29k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 87% 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 INDY CRITERIUM 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

INDY CRITERIUM INC leans on a few funders — its largest provides 68% of grant income and the top three 95%; half comes from just 1 funder.

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

92% 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 INDY CRITERIUM INC.

68%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2021 100% · 2022 99% · 2023 69% — 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.

Where its funders are

87% of INDY CRITERIUM 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 $14k that is directly attributable, 96% of it comes from Indiana funders.

NY
IN
NC

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

’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $95k 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

INDY CRITERIUM INC runs a healthier operating margin than half of the 10,453 recreation & sports nonprofits its size.

Operating margin10% · above the median
Months of reserve2.8mo · below the median
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 10,453 recreation & sports nonprofits $100k–$1M, FY2025

Organizations like INDY CRITERIUM 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

05Profile & governance

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

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

11
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

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 INDY CRITERIUM 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 INDY CRITERIUM INC?
INDY CRITERIUM INC (Indiana) receives grants from 6 organizations whose IRS filings report $109,454 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($74,000). 4 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does INDY CRITERIUM INC have?
IRS filings report 6 organizations giving $109,454 in grants to INDY CRITERIUM INC, 4 of which have funded it in more than one year.
Who is the largest funder of INDY CRITERIUM INC?
NATL CHRISTIAN CHARITABLE FDN INC is the largest funder on record, with $74,000 in grants. The full list of funders is on this page.
How can an organization like INDY CRITERIUM 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 2017–2025), and the filings of 6 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