The Andromeda Movement Inc
The Andromeda Movement Inc is a private foundation, based in Carmel, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $196K in total assets. In 2024, it awarded 2 grants totaling $1K. Net investment income was $2K.
Key facts about The Andromeda Movement Inc
In short: The Andromeda Movement Inc gave $1K across 2 grants in 2024 (avg $688.5), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- EIN
- 35-2088071
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,377
- Grants made (2024)
- 2
- Average grant
- $689
- Median grant
- $689
- Total assets
- $196,285
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$196K
+12.7% YoY
Annual Giving
$1K
+37.7% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$688.5
-31.1% YoY
Under IRS private-foundation payout rules, The Andromeda Movement Inc reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
How The Andromeda Movement Inc gives
- Giving fell 83% from 2021 to 2024. Method
- In 2024 it paid out 32% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Open Grants
1 open opportunity from The Andromeda Movement Inc
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1K (2023) to $8K (2021). In 2024 it made 2 grants totaling $1K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Noah Mundy ($1K). Together the top 2 received $1K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 17 grants of 17 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Noah Mundy Santa Claus, IN | Academic Scholarship | $1,000 |
| Geetika Chitturi Carmel, IN | Academic Scholarship | $377 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $196,285 | $174,142 | $154,035 |
| Revenue | $1,110 | $2,726 | $2,087 |
| Expenses | $9,509 | $2,831 | $3,527 |
| Qualifying Distributions | $2,927 | $2,802 | $1,500 |
| Net Investment Income | $2,285 | $2,697 | $2,087 |
| Distributable Amount | $9,090 | $8,044 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Andromeda Movement Inc is led by Peter Schubert, President on every filing since 2020; all 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Peter Schubert
President
On filings since 2020
1 hr/week
$1K (2021) → $2K (2024)
Michael Bilyeu
Secretary
On filings since 2020
1 hr/week
$1K (2021) → $2K (2024)
Thomas Burke
Vice President
On filings since 2020
1 hr/week
$1K (2021) → $2K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $2K, to Peter Schubert (President). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Andromeda Movement Inc
How much does The Andromeda Movement Inc give each year?
The Andromeda Movement Inc gave $1K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1K across 1 grant.
How large is The Andromeda Movement Inc?
The Andromeda Movement Inc reported $196K in total assets on its 2024 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Andromeda Movement Inc operate?
The Andromeda Movement Inc has awarded grants in Colorado, Florida, Illinois, Indiana.
What is The Andromeda Movement Inc's EIN?
The Andromeda Movement Inc's EIN (Employer Identification Number) is 35-2088071. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Andromeda Movement Inc by hand.
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