Indy Innovation Challenge Inc

INDIANAPOLIS, IN EIN: 88-1138295

BROADLY COLLABORATIVE EFFORT THAT BRINGS TOGETHER PUBLIC-PRIVATE PARTNERSHIPS AND ACADEMIC INSTITUTIONS TO CHALLENGE UNIVERSITY STUDENTS AROUND THE WORLD TO IMAGINE, INVENT AND PROVE A NEW GENERATION OF AUTOMATED VEHICLE SOFTWARE TO RUN FULLY AUTONOMOUS RACECARS AND INSPIRE THE NEXT GENERATION OF STEM TALENT.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$691K

-47.4% YoY

Revenue

$6.1M

+18.1% YoY

Net Investment Income

Expenses

$6.8M

+37.5% YoY

About Indy Innovation Challenge Inc

Based on IRS filings

Indy Innovation Challenge Inc is a nonprofit organization focused on Recreation & Sports, based in INDIANAPOLIS, IN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $691K in total assets.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Tuscaloosa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$11M202220232024
Metric202420232022
Total Assets$691,269$1,314,889$1,335,152
Revenue$6,131,279$5,189,966$9,701,368
Expenses$6,849,254$4,982,259$9,656,835
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PAUL MITCHELLPRESIDENT/CE$150K

From 2024 filing

NameTitleHoursCompensation
PAUL MITCHELLPRESIDENT/CE20$150,000
CHAD PITTMANDIRECTOR1
DAVE ROBERTSDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Indy Innovation Challenge Inc?

Indy Innovation Challenge Inc is a nonprofit organization focused on Recreation & Sports, based in INDIANAPOLIS, IN. It holds $691K in total assets as of 2024.

How large is Indy Innovation Challenge Inc?

As of 2024, Indy Innovation Challenge Inc holds $691K in total assets with $6.1M in annual revenue.

Where does Indy Innovation Challenge Inc operate?

Indy Innovation Challenge Inc has awarded grants in Alabama.

What is Indy Innovation Challenge Inc's EIN?

Indy Innovation Challenge Inc's EIN (Employer Identification Number) is 88-1138295. IRS Form 990 filing data is available on this page for 2022–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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