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Indiana · Nonprofit

PROMOTE CARMEL INC

PROMOTE CARMEL INC (Indiana) receives grants from 1 organization whose IRS filings report $30,019 to it, the largest being CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION ($30,019). 0 of them have funded it in more than one year.

Revenue FY2024
$100k
Funders on record
1
Grants received
$30k
Net assets
$208k
0/1 repeat funderspeak grant-dependency 11%
01What it does

What Promote Carmel Inc does

Mission

Promote Carmel's mission is to promote the City of Carmel, Indiana, it's events and unique qualities to visitors and residents as part of a broader mission to sustain pride in and attract potential residents to Carmel. Promote Carmel operates "All Things Carmel", a gift shop that acts as a visitors center and further exemplifies Carmel's diverse and talented community by selling craft goods made by artisans across the City of Carmel.

As stated on its FY2024 Form 990.

Programs

  1. Advertising and promotion fees for the All Things Carmel store, which acting as a subsidiary of Promote Carmel, Inc, hosted various publicly attended events throughout 2022. These events were intended to familiarize residents and visitors with the City and its upcoming event schedule., Further, All Things Carmel's goods predominantly consist of skillfully made craft by artisans throughout the community of the City of Carmel and demonstrate the culture that Promote Carmel, Inc emphasizes when attracting potential new residents or businesses to the city of Carmel.

    $233,089 spent$172,752 earned by the program
    81% of program spending
  2. Payments of travel or entertainment expenses for any Federal, State, or local officials intended for visiting dignitaries to gain an understanding and appreciation of what makes the City of Carmel a preferable destination to live, conduct business, or partake in recreational activities in.

    $34,138 spent
    12% of program spending
  3. Royalties paid for sales of the works of various artisans from the City of Carmel in connection with Promote Carmel's exempt purpose of showcasing the City's local artisans and attracting potential future residents or businesses to the area.

    $17,821 spent$17,821 earned by the program
    6% of program spending
  4. Grants paid to various domestic organizations to further the purposes of promoting the City of Carmel, including grants to sister city organizations and fundraising events.

    $2,154 spentof which $2,154 as grants$2,154 earned by the program
    1% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $287,202.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($281k) Expenses 100 ($128k) Net assets 100 ($153k)2021 Revenue 114 ($319k) Expenses 181 ($231k) Net assets 165 ($253k)2022 Revenue 117 ($329k) Expenses 210 ($268k) Net assets 198 ($302k)2023 Revenue 244 ($684k) Expenses 479 ($612k) Net assets 245 ($374k)2024 Revenue 36 ($100k) Expenses 209 ($267k) Net assets 136 ($208k)
20202021202220232024
Revenue (36)Expenses (209)Net assets (136)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 2023 to 2024, from $374k to $215k (−43%).

$164k
$257k
$315k
$374k
$215k
20202021202220232024
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.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 69% · 2021 61% · 2022 59% · 2023 63% · 2024 192%. Grants only. Government contracts and fees sit inside program revenue.

194% of PROMOTE CARMEL INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

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

$153k
’20
$88k
’21
$61k
’22
$72k
’23
−$167k
’24
1.2
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.

20202021202220232024
Listed44447
Joined·+1+0+0+3
No longer listed·1000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

From the IRS filings of PROMOTE CARMEL 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.

Where its funders are

100% of PROMOTE CARMEL INC's grant income comes from Indiana funders.

IN

Funder states come from each funder’s own filing. 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

PROMOTE CARMEL INC's revenue fell 64% between 2020 and 2024.

Operating margin−167% · bottom quartile
Months of reserve1.2mo · bottom quartile
Revenue growth (annualized)−23% · bottom quartile

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like PROMOTE CARMEL 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

8% of spending goes to programs.

Program 8%Management 92%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • 4CDC - See Schedule R Part VII · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PROMOTE CARMEL 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 PROMOTE CARMEL INC?
PROMOTE CARMEL INC (Indiana) receives grants from 1 organization whose IRS filings report $30,019 to it, the largest being CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION ($30,019). 0 of them have funded it in more than one year.
How many funders does PROMOTE CARMEL INC have?
IRS filings report 1 organization giving $30,019 in grants to PROMOTE CARMEL INC.
Who is the largest funder of PROMOTE CARMEL INC?
CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION is the largest funder on record, with $30,019 in grants. The full list of funders is on this page.
How can an organization like PROMOTE CARMEL 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 Promote Carmel →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 1 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