Indiana · Nonprofit
INDY HUB FOUNDATION INC
INDY HUB FOUNDATION INC (Indiana) receives grants from 12 organizations whose IRS filings report $567,734 to it, the largest being LILLY ENDOWMENT INC ($210,950). 6 of them have funded it in more than one year.
- Revenue FY2024
- $228k
- Funders on record
- 12
- Grants received
- $568k
- Net assets
- $2k
What Indy Hub Foundation Inc does
Mission
Our mission is to attract, engage, educate, and motivate young professionals of all varieties to make indianapolis an even greater place to live, work, and play.
As stated on its FY2024 Form 990.
Programs
Indyvolved - indyhub's largest annual event, providing a volunteer fair for the community's young professionals. More than 115 nonprofits exhibit in indy's central library, showcasing volunteer and board opportunities for more than 2,000 participants.
$29,273 spent18% of program spendingMeet indy -research shows that each year, 1 million young adults pick up and move. Atindyhub we know that building meaningful connections to neighborhoods, amenities, culture,and people is crucial to being happy and prosperous in the place you call home. The meet indyproject is customized just for you. The indyhub team will learn more about you and thenconnect you to one of our incredible city ambassadors. They'll sit down and learn about you- your likes, your dislikes, what makes you get out of bed in the morning, and the things that youenjoy when you aren't at work. All of that information is key as it plays into the next step-wherewe connect you to our friends and peers from other indy organizations so you can deepen yoursocial capital and engagement in indy.
$4,924 spent3% of program spending1828 leadership project - annual leadership program which convenes a cohort of 18-28 year olds to engage with corporate, civic, and philanthropic leaders. Program focuses on leadership development, community building an actionable outcomes for participants.
$1,423 spent1% of program spendingExplore indy - indyhub's explore indy program elevates the people and spaces that make indianapolis home. The explore indy series provides several ways for attendees to foster a sense of belonging in our community and to identify ways they can have an impact through city exploration. Participants reported that they met new people, built meaningful friendships, and were introduced to new spaces and amenities to deepen their connection to the city.
$4,117 spent2% of program spendingCommunity engagement - meeting with committees and members of the community which are looking to engage more with indyhub and the audience.
$10,078 spent6% of program spendingAll other services to attract, engage, educate, and motivate young professionals of all varieties to make indianapolis an even greater place to live, work, and play.
$115,472 spent70% of program spending
The 6 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $165,287.
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.
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 $229k to $106k (−54%).
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 32%. Grants only. Government contracts and fees sit inside program revenue.
98% of INDY HUB FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (87% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 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.
Who funds it, year by year
2017 → 2023: the base narrowed from 5 funders to 3 funders, grant income fell $190k → $86k.
2 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 31% 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 HUB 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
INDY HUB FOUNDATION INC leans on a few funders — its largest provides 37% of grant income and the top three 87%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
59% 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 HUB FOUNDATION INC.
Largest funder’s share by year: 2017 53% · 2018 70% · 2019 69% · 2020 74% · 2021 100% · 2022 100% · 2023 70% — 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
25% of INDY HUB FOUNDATION INC's funders are still giving 3 years after their first grant; 50% 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
99% of INDY HUB 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. $176k arriving through sponsors registered in 1 state 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.
Against its field
INDY HUB FOUNDATION INC receives grants from 12 organizations whose IRS filings report $568k to it.
this organization peer median middle 50% of peers· 7,127 philanthropy nonprofits $100k–$1M, FY2024
Organizations like INDY HUB 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
61% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- The Indy Hub Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for INDY HUB 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 INDY HUB FOUNDATION INC?
- INDY HUB FOUNDATION INC (Indiana) receives grants from 12 organizations whose IRS filings report $567,734 to it, the largest being LILLY ENDOWMENT INC ($210,950). 6 of them have funded it in more than one year.
- How many funders does INDY HUB FOUNDATION INC have?
- IRS filings report 12 organizations giving $567,734 in grants to INDY HUB FOUNDATION INC, 6 of which have funded it in more than one year.
- Who is the largest funder of INDY HUB FOUNDATION INC?
- LILLY ENDOWMENT INC is the largest funder on record, with $210,950 in grants. The full list of funders is on this page.
- How can an organization like INDY HUB 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 Indy Hub →
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 12 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