The Penrod Society LTD logo

The Penrod Society LTD

Public charity · Grantmaker Indianapolis, IN EIN: 35-6069479 Website

The organization's mission focuses on the cultivation, encouragement and development of public interest in and support of the arts.

The Penrod Society LTD at a glance

In short: The Penrod Society LTD gave $73K across 4 grants in 2024 (avg $18K), mostly in Indiana. Source: 2024 IRS Form 990.

Annual giving (2024)
$72,673
+1.8% vs 2023
Grants made (2024)
4
+100.0% vs 2023
Average grant
$18,168
-49.1% vs 2023
Median grant
$8,274
Total assets
$1,365,379
+15.6% vs 2023
Primary geography
Indiana (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who The Penrod Society LTD funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Newfields: $49KNewfields$49KTindley Academy: $8KTindley Academy$8KMarian University: $8KMarian University$8KIndiana Black Expo: $8KIndiana Black Expo$8K

The largest 2024 recipient was Newfields ($49K). Together the top 4 received $73K.

Grant Size Distribution

9 grants across all recorded years

8<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 9 (89%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 4 itemized grants.

States

Cities

Indianapolis

How The Penrod Society LTD gives

  • Giving grew 191% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2020 1 grant2021 1 grant2022 2 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $25K (2020) to $73K (2024). In 2024 it made 4 grants totaling $73K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Newfields Indianapolis, INGeneral$48,625
Tindley Academy Indianapolis, INGeneral$8,300
Marian University Indianapolis, INGeneral$8,248
Indiana Black Expo Indianapolis, INGeneral$7,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$1,365,379$1,043,395$960,625$72,6734$60,790
2023$1,180,942$866,270$811,302$71,3802$37,962
2022$1,091,987$791,203$698,723$25,0001$22,436
2021$978,443$683,474$590,238$25,0001$2,413
2020$821,102$188,343$222,413$25,0001$10,769

About The Penrod Society LTD

Based on IRS filings

The Penrod Society LTD is a public charity focused on Arts, Culture & Humanities, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 4 grants totaling $73K. Net investment income was $61K.

Leadership & Key People

Officers and directors from IRS filings

The Penrod Society LTD is led by Bryan Strawbridge, President on the 2024 filing; none of the 11 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Bryan Strawbridge

    President

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Barry Wormser

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brenden Pavlica

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mac Schilling

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ryan Evans

    Board Member

    Vice President - Arts Fair → President, 2022

    President → Board Member, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tim Haley

    Board Member

    President → Board Member, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tom Blackwell

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ronan Johnson

    Board Member

    Vice President - Arts Fair → President, 2023

    President → Board Member, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Evan Bryant

    Secretary

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • John Roach

    Vice President

    New on the 2024 filing

    10 hrs/week

    No compensation reported

  • Sam Muse

    Treasurer

    New on the 2024 filing

    5 hrs/week

    No compensation reported

Former officers (9)
  • Former: Joe Hawkins (2020–2023) — Board Member
  • Former: Sam Rogers (2020–2023) — Secretary
  • Former: Adam Nowak (2022–2023) — Treasurer
  • Former: Bryan Strawbrigde (2023) — Board Member
  • Former: Dan Becker (2020–2021) — Board Member
  • Former: Dan Lechleiter (2020–2021) — Board Member
  • Former: Eric Dewitt (2020–2021) — Board Member
  • Former: John Andrews (2020–2021) — Board Member
  • Former: Matt Gadus (2020–2021) — Treasurer

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.

Frequently asked questions about The Penrod Society LTD

How much does The Penrod Society LTD give each year?

The Penrod Society LTD gave $73K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $71K across 2 grants.

What is The Penrod Society LTD's typical grant size?

The Penrod Society LTD's median grant in 2024 was $8,274, and its average grant was $18,168, across 4 grants on its 2024 IRS Form 990.

Where does The Penrod Society LTD give grants?

The Penrod Society LTD gives mostly in Indiana: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Indianapolis, IN (4 grants).

Does The Penrod Society LTD give general operating support?

Yes: 100% of The Penrod Society LTD's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990.

How large is The Penrod Society LTD?

The Penrod Society LTD reported $1.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.0M.

What is The Penrod Society LTD?

The Penrod Society LTD is a public charity focused on Arts, Culture & Humanities, based in Indianapolis, IN. It holds $1.4M in total assets as of 2024.

What is The Penrod Society LTD's EIN?

The Penrod Society LTD's EIN (Employer Identification Number) is 35-6069479. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 27, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 1, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Penrod Society LTD's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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