500 Festival Foundation

Organization Overview

500 Festival Foundation is located in Indianapolis, IN. The organization was established in 1996. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 500 Festival Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, 500 Festival Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $329.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE 500 FESTIVAL FOUNDATION INC. SUPPORTS THE CHARITABLE ACTIVITIES OF THE 500 FESTIVAL, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE 500 FESTIVAL FOUNDATION INC. SUPPORTS THE CHARITABLE ACTIVITIES OF THE 500 FESTIVAL, INC. BY RAISING FUNDS FOR ITS ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Bob Brody
Vice Chair
$0
Scott Thiems
Chair
$0
Jennifer Lowe
SVP Administration
$0
Robert Bryant
President & CEO
$0
John Crisp
Director
$0
Connie Lund
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,863,078
Noncash contributions included in lines 1a–1f $1,685
Total Revenue from Contributions, Gifts, Grants & Similar$1,863,078
Total Program Service Revenue$0
Investment income $6,584
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,041
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,889,703

Grants Recieved

Over the last fiscal year, we have identified 1 grants that 500 Festival Foundation has recieved totaling $25,000.

Awarding OrganizationAmount
Hulman & Company Foundation Inc

Terre Haute, IN

PURPOSE: GENERAL OPERATING EXPENSES

$25,000
View Grant Recipient Profile

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