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Nonprofit · EIN 35-1813985

INDIANAPOLIS PRESS CLUB FOUNDATION INC

Tax-exempt · INDIANAPOLIS, IN 46240

Financials

$02023$48K$94K2023$45K$84K2024
Revenue Expenses · by fiscal year end
Financials of INDIANAPOLIS PRESS CLUB FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$45,494$83,648-$38,154$1,158,197$0$1,158,197
December 31, 2023990 (amended)$48,116$93,986-$45,870$1,037,565$0$1,037,565
December 31, 2023990-EZ$0––$0–$977,939
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,173
Program service revenue
$11,281
Investment income
$25,578
Net income from fundraising events
$3,462
Other revenue
$3,462

Expenses

Grants and similar amounts paid
$24,846
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$890
Accounting fees
$850
Travel
$3,370
Program services (functional)
$66,008
Management and general (functional)
$5,879
Fundraising (functional)
$11,761

Balance sheet and other

Total assets, start of year
$1,037,565
Total assets, end of year
$1,158,197
Total liabilities, end of year
$0
Net assets, end of year
$1,158,197
Publicly traded securities
$1,131,614
Net assets without donor restrictions
$683,152
Net assets with donor restrictions
$475,045
Gross receipts
$57,771
Employees
0
Volunteers
10
Year formed
1990
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Ebony ChappelDirector
Trustee or director
1$0
Max GershDirector
Trustee or director
1$0
Malcom MoranDirector
Trustee or director
1$0
Stephanie WangDirector
Trustee or director
1$0
Tara PuckeyExecutive Dir.
Trustee or director
3$0
MJ SlabyDirector
Trustee or director
1$0
Abrianna HerronDirector
Trustee or director
1$0
Greg AndrewsVP of Finance
Officer
1$0
Oseye BoydVice President
Officer
1$0
Michael SanserinoPresident
Officer
1$0
Lindsey ErdodyVP of Finance
Officer
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Ebony ChappelDirector
Trustee or director
1$0
Daniel ComiskeyDirector
Trustee or director
1$0
Malcom MoranDirector
Trustee or director
1$0
Stephanie WangCommunications
Trustee or director
1$0
Tara PuckeyExecutive Dir.
Trustee or director
3$0
Lindsey ErdodyEditor
Trustee or director
1$0
MJ SlabyBureau Chief
Trustee or director
1$0
Greg AndrewsVP of Finance
Officer
1$0
Oseye BoydVice President
Officer
1$0
Michael SanserinoPresident
Officer
1$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Ebony ChappelDirector1$0
Greg AndrewsVP of Finance1$0
Oseye BoydVP of Programs1$0
Daniel ComiskeyDirector1$0
Malcom MoranDirector1$0
Michael SanserinoDirector1$0
Stephanie WangCommunications1$0
Tara PuckeyDirector3$0
Jenny LabalmeExecutive Director5$0

Address and contacts

Address (IRS master file)
PO BOX 40923, INDIANAPOLIS, IN 46240-0923
In care of
% DAVID J REMONDINI
Signed the 990
Tara Puckey, Board Member
Phone
(765) 730-4283
Return prepared by
Teipen CPA Group PC

Mission

The Indianapolis Press Club Foundation, Inc. (IPCF) engages in activities to promote excellence in and public appreciation for journalism in Indiana. IPCF's activities include, but are not limited to, scholarships, paid fellowships, and awards for Indiana college students.

990 for the year ended December 31, 2024

Program accomplishments

  • The Indianapolis Press Club Foundation runs three main programs:1) The Thomas R. Keating writing competition, which is a two-day journalism competition held annually in November. The contest began in 1986 and is a tribute to former Indianapolis Star columnist Tom Keating. Ten undergraduate students compete for a total of $7,000 in cash awards.2) In partnership with the Indianapolis Motor Speedway, the foundation awards three Last Row Party scholarships to Indiana undergraduate journalism students. The Foundation hands out these awards at its annual fundraiser at the end of May, which is called the Last Row Party and held at the Pagoda at IMS. The Foundation distributes a total of about $3,000 in scholarships for news, features and sports writing.3) The Indianapolis Press Club Foundation board has a paid summer fellowship program each year for two Indiana college journalism students. The 10-week fellowships pay $6,000 to each student and provides solid journalism experience at Indianapolis area news services and/or TV and radio stations. Summer fellows work 40 hours per week. The Foundation seeks to partner with a variety of local media groups and rotates selections as part of its ongoing commitment to provide paid fellowships at Indiana media organizations.
    Expenses $54,016 · grants $17,046
  • The Keating program is an annual daylong writing contest named in memory of legendary Indianapolis Star columnist Thomas R. Keating. The competition features 10 finalists, representing Indiana premiere journalism students. They compete for $7,000 in prize money.
    Expenses $11,992 · grants $7,800 · revenue $16,281

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-1813985
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$1,158,197
Income (IRS master file)
$57,771

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$45,494$83,648$1,158,197XML
990December 2023$48,116$93,986$1,037,565XML
990-EZDecember 2023$0–$0XML
990December 2022$62,496$56,136$977,939IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1813985).

Questions about INDIANAPOLIS PRESS CLUB FOUNDATION INC

What is the EIN of INDIANAPOLIS PRESS CLUB FOUNDATION INC?
The employer identification number (EIN) of INDIANAPOLIS PRESS CLUB FOUNDATION INC is 35-1813985.
Is INDIANAPOLIS PRESS CLUB FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to INDIANAPOLIS PRESS CLUB FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDIANAPOLIS PRESS CLUB FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INDIANAPOLIS PRESS CLUB FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDIANAPOLIS PRESS CLUB FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of INDIANAPOLIS PRESS CLUB FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does INDIANAPOLIS PRESS CLUB FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $45,494, expenses of $83,648 and total assets of $1,158,197 at year end.

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