500 FESTIVAL INC
Pub 78

500 FESTIVAL INC
Pub 78

Indianapolis, IN, US
501(c)
EIN
35-1004320

500 FESTIVAL INC
Pub 78

Indianapolis, IN, US
501(c)
EIN
35-1004320

Overview

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Est.

1956

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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500 Festival Inc is a nonprofit organization dedicated to producing life-enriching events and programs that honor the spirit and legacy of the Indianapolis 500, positively impacting the city of Indianapolis and the state of Indiana. With an operating budget of $5.4 million and total revenue of $5.7 million for the 2023 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.500festival.com.

Mission Statement

SEE MISSION STATEMENT ON SCHEDULE O.THE MISSION OF THE 500 FESTIVAL IS TO PRODUCE LIFE-ENRICHING EVENTS AND PROGRAMS THAT CELEBRATE THE SPIRIT AND LEGACY OF THE INDIANAPOLIS 500 AND FOSTER A POSITIVE IMPACT ON THE CITY OF INDIANAPOLIS AND STATE OF INDIANA.
Revenues

$5.7M

Expenses

$5.4M

Net Income:
+$249.7K
Assets

$7.2M

Liabilities

$715.8K

Net Assets:
+$6.5M
Operating Budget

$5.4M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

3

Median grant size
$50K
Largest grant received
$50K
B
Bob Bryant
Board Member
D
Doug Heath
Board Member
S
Steve Alonso
Board Member

Frequently Asked Questions

What is 500 FESTIVAL INC’s budget?
In 2023, 500 FESTIVAL INC reported an annual operating budget of around $5.4 million. More detailed financial information is available to registered users.
Where does 500 FESTIVAL INC operate?
500 FESTIVAL INC is headquartered in Indianapolis, IN.
Who funded 500 FESTIVAL INC recently?
In 2024, 500 FESTIVAL INC received grants from DELTA DENTAL PLAN OF MICHIGAN INC, DELTA DENTAL PLAN OF INDIANA INC, and Delta Dental Fund. More information on this organization’s funders is available to registered users.
What is the largest grant 500 FESTIVAL INC received in 2024?
The largest grant to 500 FESTIVAL INC in 2024 exceeds $50 thousand.
Overview
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