INDIANA INSTITUTE OF TECHNOLOGY INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$144,228,618
Program Services
71%
Contributions
19%
Investments
6%
Other
3%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2025
$125,056,129
Grants
37%
Salaries & Benefits
28%
Other
13%
Fees to Service Providers
7%
Depreciation
6%
Offices, Occupancy & IT
5%
Advertising & Promotion
3%
Interest
1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$5,063,377
$28,083,941
+455%
Government Grants
$0
$0
-
Fundraising Events
$15,830
$15,500
-2%
Program Services
$92,256,220
$102,671,116
+11%
Membership Dues
$0
$0
-
Investments
$6,626,712
$9,246,020
+40%
Other
-$2,265,614
$4,212,041
-286%
Total Revenues
$101,696,525
$144,228,618
+42%
Expenses
2024
2025
Change
Grants
$40,571,110
$46,696,519
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$32,580,571
$34,881,565
+7%
Fees to Service Providers
$8,907,299
$9,036,755
+1%
Advertising & Promotion
$3,547,402
$3,570,500
+1%
Offices, Occupancy & IT
$6,195,706
$6,035,837
-3%
Interest
$942,581
$1,480,954
+57%
Depreciation
$6,766,041
$7,418,023
+10%
Other
$10,072,400
$15,935,976
+58%
Total Expenses
$109,583,110
$125,056,129
+14%
Net income
2024
2025
Change
Net income
-$7,886,585
+$19,172,489
-343%
Functional Expenses
Summary
2024
2025
Change
Program
$90,102,279
$99,071,392
+10%
Admin
$18,301,250
$23,379,009
+28%
Fundraising
$1,179,581
$2,605,728
+121%
Total Expenses
$109,583,110
$125,056,129
+14%
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