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Nonprofit · EIN 35-1868240

INDIANA PHILANTHROPY ALLIANCE FOUNDATION INC

Also known as DR GERALD MUSICH

Tax-exempt · INDIANAPOLIS, IN 46204

Financials

$775K$2.2M2023$2.2M$775K2024
Revenue Expenses · by fiscal year end
Financials of INDIANA PHILANTHROPY ALLIANCE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,248,163$775,005$1,473,158$2,337,720$0$2,337,720
December 31, 2023990$775,003$2,248,160-$1,473,157$864,562$0$864,562
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,248,160
Program service revenue
$0
Investment income
$3
Other revenue
$0

Expenses

Grants and similar amounts paid
$775,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$775,000
Management and general (functional)
$5

Balance sheet and other

Total assets, start of year
$864,562
Total assets, end of year
$2,337,720
Total liabilities, end of year
$0
Net assets, end of year
$2,337,720
Net assets without donor restrictions
$89,560
Net assets with donor restrictions
$2,248,160
Gross receipts
$2,248,163
Employees
0
Volunteers
6
Year formed
1992
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 / weekCompensationFrom related orgsOther / benefits
Claudia CummingsPresident & CEO
Officer
1$0$199,583$38,738
Brienne HookerVICE CHAIR
Trustee or director, Officer
1$0$0$0
JEFF SMALLCHAIR
Trustee or director, Officer
1$0$0$0
STEPHANIE OVERBEYSECRETARY
Trustee or director, Officer
1$0$0$0
TIM MURPHYTREASURER
Trustee or director, Officer
1$0$0$0
KEIRA AMSTUTZDIRECTOR
Trustee or director
1$0$0$0
PETE MCCOWNDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Claudia CummingsPresident & CEO
Officer
1$0$181,891$36,918
JEFF SMALLVICE CHAIR
Trustee or director, Officer
1$0$0$0
MAGGI SPARTZCHAIR
Trustee or director, Officer
1$0$0$0
STEPHANIE OVERBEYSECRETARY
Trustee or director, Officer
1$0$0$0
TIM MURPHYTREASURER
Trustee or director, Officer
1$0$0$0
KEIRA AMSTUTZDIRECTOR
Trustee or director
1$0$0$0
PETE MCCOWNDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
115 W WASHINGTON ST 950, INDIANAPOLIS, IN 46204-3420
In care of
% MARISSA MANLOVE
Principal officer (990 for 2024)
Claudia Cummings, 115 W Washington St 950, Indianapolis, IN 46204
Signed the 990
Claudia Cummings, President/CEO
Phone
(317) 630-5200
Return prepared by
CRI Capin Crouse Advisors LLC

Mission

The Foundation supports the Indiana Philanthropy Alliance, Inc. and its member community foundations through special initiatives that support or expand philanthropy in Indiana.

990 for the year ended December 31, 2024

Program accomplishments

  • The Foundation awarded a grant to Indiana Philanthropy Alliance to administer the Gift Technical Assistance Program which provides technical assistance, training, and resources to over 90 community foundations and affiliate funds participating in the GIFT (Giving Indiana Funds for Tomorrow) initiative. In 2024, using this grant, IPA's training events encompassed nearly 1,000 participants serving communities throughout Indiana. Approximately 150 attendees attended three "Boot Camps"-basic training for community foundation and board and staff members-and over 400 GIFT technical assistance in-person and virtual consultations ranging in scope, issue area, and complexity.
    Expenses $775,000 · grants $775,000

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
35-1868240
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,337,720
Income (IRS master file)
$2,248,163

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,248,163$775,005$2,337,720XML
990December 2023$775,003$2,248,160$864,562XML
990December 2022$2,248,164$1,968,427$2,337,719IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 35-1868240).

Questions about INDIANA PHILANTHROPY ALLIANCE FOUNDATION INC

What is the EIN of INDIANA PHILANTHROPY ALLIANCE FOUNDATION INC?
The employer identification number (EIN) of INDIANA PHILANTHROPY ALLIANCE FOUNDATION INC is 35-1868240.
Is INDIANA PHILANTHROPY ALLIANCE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to INDIANA PHILANTHROPY ALLIANCE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does INDIANA PHILANTHROPY ALLIANCE 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 INDIANA PHILANTHROPY ALLIANCE 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 INDIANA PHILANTHROPY ALLIANCE 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 is the principal officer of INDIANA PHILANTHROPY ALLIANCE FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Claudia Cummings.
Who are the officers and directors of INDIANA PHILANTHROPY ALLIANCE FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does INDIANA PHILANTHROPY ALLIANCE FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,248,163, expenses of $775,005 and total assets of $2,337,720 at year end.

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