NineTwelve Institute Inc is a 501(c)(3) nonprofit organization based in Zionsville, Indiana, established in 2020. The organization operates as a science and technology research institute focused on advancing innovation through cross-sector collaboration. NineTwelve develops and operates first-of-its-kind facilities and laboratories while facilitating partnerships between the private sector, academic institutions, government entities, and sector-specific organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.1M
+115.7% YoY
Annual Giving
$15.2M
+36.3% YoY
Grant Count
139
+36.3% YoY
Avg Grant Size
$109K
-0.0% YoY
Mission & Focus Areas
The organization is chartered to support the government's science, technology, and economic development objectives by connecting the entrepreneurial, innovation, and business acumen of the private sector with the technical research capabilities of academic researchers and government laboratories. The goal is to deliver advanced technology faster, cheaper, and better to benefit both the federal government and the general public.
Primary focus areas include:
- Fifth Generation Broadband (5G) and Advanced Communications: Building infrastructure and ecosystem development for 5G technology
- Trusted Microelectronics: Design and production capabilities
- Hypersonic Development and Testing: Operating facilities for hypersonic technology research
- Advanced Manufacturing: Supporting manufacturing innovation initiatives
- Emerging Technologies: Enabling Indiana to lead in rapidly evolving technologies including big data, artificial intelligence, machine learning, internet of things, and cybersecurity
Grantmaking
NineTwelve Institute functions as a grantmaking organization with total giving of $15,192,597 according to their most recent filing. Typical award amounts range from $5,380 to $1,000,000. The organization's grant-making focuses on education, professional societies and associations, and alliances and advocacy, with primary geographic concentration in Indiana, Ohio, and Oregon.
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Geographic Focus
Where this funder awards grants
The organization primarily funds initiatives in Indiana, Ohio, and Oregon, with particular emphasis on Indiana-based projects and economic development.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $26,062,756
- Total Revenues: $32,810,668
- Total Expenses: $16,934,023
- Total Giving: $15,192,597
As of 2023:
- Total Assets: $12.1M
- Total Revenues: $11.4M
- Total Expenses: $18.4M
- Total Liabilities: $7.56M
The organization reported conflict of interest transactions in its December 2023 tax filing.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,062,756 | $12,082,591 | $19,260,418 |
| Revenue | $32,810,668 | $11,405,390 | $22,978,939 |
| Expenses | $16,934,023 | $18,415,730 | $28,523,245 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $398,195 | $-938,800 | $1,106 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
224 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Chad Pittman serves as Principal Officer of the organization.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHAD PITTMAN | PRINCIPAL OF | 30 | — |
| ALISON FRENCH | BOARD MEMBER | 1 | — |
| KATHLEEN SWANSON | SECRETARY | 1 | — |
Recent News & Activity
Recent developments and announcements
NineTwelve Institute has announced several strategic initiatives and partnerships:
STEP CG Announces Strategic Partnership With NineTwelve Institute For 5G**5G Zone Innovation Lab**: Strategic partnership with STEP CG to advance 5G innovation
STEP CG Announces Strategic Partnership With NineTwelve Institute For 5G**Energy Insights Program**: Partnership with the Indiana Economic Development Corporation (IEDC) and Amazon Web Services (AWS) to reduce energy costs for Indiana manufacturers
New Energy INsights Program, in Partnership with IEDC and AWS, to Reduce**Cybersecurity Training**: Offering cybersecurity training programs for small businesses, including introduction to NIST CSF 2.0
Cybersecurity Training for Small Businesses: Intro to the NIST CSF 2.0 &**Mission-Critical IoT Solutions**: Partnership with Performance Defense to bring 5G-enabled mission-critical IoT solutions
Performance Defense Partners with Nine Twelve, Bringing 5G Enabled MissionThe organization also operates in connection with the Purdue Aerospace District, where a National Hypersonic Ground Test Center was announced for construction to support hypersonic technology research and testing.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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