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Funding

Indiana · Nonprofit

Visit Indy Inc

Visit Indy Inc (Indiana) receives grants from 2 organizations whose IRS filings report $20,000 to it, the largest being IVY TECH FOUNDATION INC ($15,000). 1 of them have funded it in more than one year.

$19M
Revenue FY2024
2
Funders on record
$20k
Grants received
$17M
Net assets
1/2 repeat funderspeak grant-dependency 0%

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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.

100 = 20172017 Revenue 100 ($15M) Expenses 100 ($14M) Net assets 100 ($7.6M)2018 Revenue 108 ($16M) Expenses 108 ($16M) Net assets 98 ($7.5M)2019 Revenue 106 ($16M) Expenses 102 ($15M) Net assets 122 ($9.3M)2020 Revenue 98 ($15M) Expenses 81 ($12M) Net assets 169 ($13M)2021 Revenue 98 ($15M) Expenses 94 ($14M) Net assets 185 ($14M)2022 Revenue 109 ($16M) Expenses 99 ($14M) Net assets 185 ($14M)2023 Revenue 109 ($16M) Expenses 107 ($16M) Net assets 207 ($16M)2024 Revenue 126 ($19M) Expenses 122 ($18M) Net assets 223 ($17M)
'17'18'19'20'21'22'23'24
Revenue (126)Expenses (122)Net assets (223)

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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 82% · 2018 79% · 2019 83% · 2020 80% · 2021 74% · 2022 81% · 2023 82% · 2024 79%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$449k
17
$460k
18
$1.0M
19
$3.0M
20
$950k
21
$1.9M
22
$835k
23
$1.2M
24
6.9
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2020: the base held at 1 funder, grant income held at $5k.

From the IRS filings of Visit Indy Inc’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

Visit Indy Inc leans on a few funders — its largest provides 75% of grant income and the top three 100%; half comes from just 1 funder.

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

75%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100%broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of Visit Indy Inc's grant income comes from Indiana funders.

IN

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

17
18
19
20
Indiana out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Visit Indy Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

04Profile & governance

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

Governance

27
board members
96%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • Tourism Tomorrow Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Visit Indy 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Visit Indy Inc?
Visit Indy Inc (Indiana) receives grants from 2 organizations whose IRS filings report $20,000 to it, the largest being IVY TECH FOUNDATION INC ($15,000). 1 of them have funded it in more than one year.
How many funders does Visit Indy Inc have?
IRS filings report 2 organizations giving $20,000 in grants to Visit Indy Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Visit Indy Inc?
IVY TECH FOUNDATION INC is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
How can an organization like Visit Indy 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 FY2024 (financials across 2017–2024), and the filings of 2funders 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. What this page cannot tell you · view filing