Central Indiana Community Foundation Inc
615 N Alabama St Ste 300, Indianapolis, IN · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $48,459,276 | $46,546,712 | $570,888,379 |
| FY2023 | $67,778,335 | $41,699,689 | $532,548,971 |
| FY2022 | $59,378,776 | $54,590,350 | $460,973,622 |
| FY2021 | $56,175,018 | $51,142,668 | $533,605,494 |
| FY2020 | $76,912,711 | $48,385,726 | $463,287,493 |
| FY2019 | $78,063,459 | $35,826,845 | $434,263,629 |
| FY2018 | -$2,144,444 | $31,807,187 | $392,476,843 |
| FY2017 | $41,014,382 | $27,466,633 | $426,320,110 |
| FY2016 | $31,907,048 | $36,515,327 | $383,276,511 |
| FY2015 | $33,950,424 | $26,813,292 | $374,726,045 |
| FY2014 | $40,078,984 | $26,638,958 | $381,729,530 |
| FY2013 | $73,251,041 | $39,702,754 | $378,204,214 |
| FY2012 | $43,443,635 | $41,594,610 | $450,881,674 |
| FY2011 | $38,137,492 | $35,763,152 | $417,756,122 |
Form 990 filings
The returns filed by Central Indiana Community Foundation Inc (EIN 35-1793680), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $13,245,123 | 27% |
| Program service revenue | $403,054 | 1% |
| Other revenue | $34,811,099 | 72% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $42,307,721 | 91% |
| Management & general | $3,233,976 | 7% |
| Fundraising | $1,005,015 | 2% |
What the numbers show
- Other revenue made up 72% of total revenue in FY2024.
- Program services accounted for 91% of functional expenses, management & general 7%, and fundraising 2%.
- 91% of functional expenses went to program services in FY2024. That is higher than 70% of 40 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IN.
- Net assets covered about 147.2 months of expenses at the end of the reporting year. That puts it in the 59th percentile among 899 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IN.
- Total revenue was higher than 99.1% of 925 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IN.
- Total revenue rose from $38,137,492 in FY2011 to $48,459,276 in FY2024. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2016, FY2018).
- The highest revenue on record here is $78,063,459 in FY2019.
- Net assets grew from $417,756,122 to $570,888,379 between FY2011 and FY2024.
- Contributions and grants made up 57% of revenue in FY2011 and 27% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
CICF IS A CATALYST FOR PROGRESS, AND A SUPPORTER OF VISIONARY IDEAS WITH THE POWER TO IMPROVE OUR COMMUNITY AND THE LIVES OF ITS RESIDENTS.
IRS status
| Ruling year | 1990 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T31 — Philanthropy, Voluntarism & Grantmaking Foundations (in IN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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