Skip to content

Indiana · Nonprofit

Sheldon Swope Art Museum Inc

Sheldon Swope Art Museum Inc (Indiana) receives grants from 21 organizations whose IRS filings report $2,956,820 to it, the largest being Richard G Moench Charitable Trust ($687,500). 13 of them have funded it in more than one year.

Revenue FY2025
$2.0M
Funders on record
21
Grants received
$3.0M
Net assets
$6.0M
13/21 repeat funderspeak grant-dependency 33%
01What it does

What Sheldon Swope Art Museum Inc does

Mission

Operation of art museum

As stated on its FY2025 Form 990.

Program

  1. Operation of an art museum for the benefit of the general public. Admissions approximately 11,000, approximately 3,000 children participating.

    $1,328,257 spent$1,706,156 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,328,257.

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 ($846k) Expenses 100 ($614k) Net assets 100 ($1.8M)2021 Revenue 114 ($965k) Expenses 112 ($689k) Net assets 131 ($2.4M)2022 Revenue 200 ($1.7M) Expenses 126 ($775k) Net assets 169 ($3.1M)2023 Revenue 295 ($2.5M) Expenses 133 ($815k) Net assets 264 ($4.9M)2024 Revenue 173 ($1.5M) Expenses 161 ($991k) Net assets 296 ($5.5M)2025 Revenue 237 ($2.0M) Expenses 255 ($1.6M) Net assets 324 ($6.0M)
202020212022202320242025
Revenue (237)Expenses (255)Net assets (324)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 2022 to 2023, from $3.1M to $4.9M (+56%).

$1.9M
$2.4M
$3.1M
$4.9M
$5.5M
$6.0M
202020212022202320242025
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
2025
ContributionsProgram revenueInvestmentOther

82% of Sheldon Swope Art Museum Inc’s revenue is contributions — more donation-reliant than the typical peer (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. 0 of the last 6 reported years ran a deficit.

$232k
’20
$276k
’21
$916k
’22
$1.7M
’23
$470k
’24
$437k
’25
22
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

Fred Nation

Executive Director

As listed on its FY2025 Form 990.

202020212022202320242025
Listed424038393837
Joined·+6+7+9+5+13
No longer listed·898614
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 3 funders to 9 funders, grant income rose $57k → $351k.

5 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $685k from one payer (the payer shares this organization's board, largest Wabash Valley Community Foundation Inc). These are real filings, and they are not money Sheldon Swope Art Museum Inc raised.

From the IRS filings of Sheldon Swope Art Museum 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

Sheldon Swope Art Museum Inc has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

23%
largest funder
57%
top three
~7
effective funders

Largest funder’s share by year: 2018 88% · 2019 60% · 2020 37% · 2021 44% · 2022 41% · 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

60% of Sheldon Swope Art Museum Inc's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

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

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 Sheldon Swope Art Museum Inc's grant income comes from Indiana funders.

IN
TX

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

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

Funder states come from each funder’s own filing. $81k arriving through sponsors registered in 5 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

Sheldon Swope Art Museum Inc runs a healthier operating margin than three-quarters of the 3,230 arts & culture nonprofits its size.

Operating margin22% · top quartile
Months of reserve21.5mo · top quartile
Revenue growth (annualized)19% · top quartile

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

Organizations like Sheldon Swope Art Museum 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

85% of spending goes to programs.

Program 85%Management 11%Fundraising 4%

Governance

37
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

93%

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 Sheldon Swope Art Museum 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Sheldon Swope Art Museum Inc?
Sheldon Swope Art Museum Inc (Indiana) receives grants from 21 organizations whose IRS filings report $2,956,820 to it, the largest being Richard G Moench Charitable Trust ($687,500). 13 of them have funded it in more than one year.
How many funders does Sheldon Swope Art Museum Inc have?
IRS filings report 21 organizations giving $2,956,820 in grants to Sheldon Swope Art Museum Inc, 13 of which have funded it in more than one year.
Who is the largest funder of Sheldon Swope Art Museum Inc?
Richard G Moench Charitable Trust is the largest funder on record, with $687,500 in grants. The full list of funders is on this page.
How can an organization like Sheldon Swope Art Museum 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 Sheldon Swope Art Museum →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 21 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