Ninetwelve Institute Inc logo

Ninetwelve Institute Inc

ZIONSVILLE, IN EIN: 84-4615768 Website

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

16states
+8 more states

Cities

AkronAlbionAndersonAngolaArgosAuburnBataviaBatesvilleBedfordBerneBloomfieldBloomingtonBlufftonBordenBourbonBremenBristolBrownsburgBrownstownButler

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$18M$27M$36M20202021202220232024
Metric202420232022
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

$0$4M$8M$11M$15M24 grants202076 grants2021142 grants2022102 grants2023139 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DALLARA USA HOLDINGS INC$450KBILA SOLAR INC$300K24M TECHNOLOGIES INC$200KANCHOR TRANSLOAD LLC$200KBW FUSION LLC$200KCOLBERT PACKAGING CORPOR…$200KENTEK TECHNOLOGY HOLDING…$200KFEHRENBACHER CABINETS INC$200KFISHER PACKING COMPANY$200KAPPLIED LABORATORIES INC$191K

Grant Size Distribution

224 grants across all recorded years

75<$50K54$50–100K87$100–250K6$250–500K$500K–1M1$1–5M1$5M+

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

NameTitleHoursCompensation
CHAD PITTMANPRINCIPAL OF30
ALISON FRENCHBOARD MEMBER1
KATHLEEN SWANSONSECRETARY1

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 Mission

The 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

Related Funders

Similar funders by location and focus area

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

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