philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Indianapolis Masonic FY2024 filing

Indianapolis, INUnknown exempt organizationEIN 35-0413365Revenue $99K in FY2024

On file with the IRSindytemple.org525 N Illinois Street · Indianapolis, IN

This page gets seen. Tell your story. Claim this org.

The temple association maintains, preserves and manages the building located at 525 n. Illinois street, commonly referred to as indiana freemasons' hall.

Mission: Form 990 Part I, line 1

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $42K a year · 15% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$95K
206% of total assets
Concern: liabilities are 206% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$99K
-61% vs prior year
Spent
$131K
Net assets
−$49K
By yearFY2020–FY2025
Revenue
$99K
FY2024▼ -61%
Tap a bar for its year
Revenue by fiscal year
FY2020$256K
FY2021$237K
FY2022$251K
FY2023$256K
FY2024$99K
FY2025$615K
Expenses
$131K
FY2024▼ -53%
Tap a bar for its year
Expenses by fiscal year
FY2020$290K
FY2021$216K
FY2022$263K
FY2023$280K
FY2024$131K
FY2025$283K
Net assets
−$49K
FY2024▼ -194%
Tap a bar for its year
Net assets by fiscal year
FY2020−$8K
FY2021$21K
FY2022$9K
FY2023−$17K
FY2024−$49K
FY2025$288K

From the FY2024 Form 990 (year ending March 2024) · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Richard Lentz
Treasurer
$0Pt VII · Sec A
Carl Culmann
Vice-President
$0Pt VII · Sec A
Richard Elman
Secretary
$0Pt VII · Sec A
Bill Sassman
President
$0Pt VII · Sec A
Jerry Maple
Director
$0Pt VII · Sec A
See Indianapolis Masonic executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and manages Indiana Freemasons' Hall, a historic building.

Questions for Indianapolis Masonic

Tap to ask. Indianapolis Masonic sees how many people are interested.

Your first name shows with your question. Indianapolis Masonic answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2023
01

For over 100 years, the temple association has maintained the structural integrity and history of indiana freemasons' hall.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$99K
Ln 12
Gifts and grantsLn 1h$72K
Other incomeLn 4–11$27K
Investment incomeLn 3$154
Money outPt IX
$131K
Ln 25
Owns and owesPt X
−$49K
net assets · Ln 32
Cash and savingsLn 1–2$17K
Total assetsLn 16$46K
LiabilitiesLn 26$95K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$72K
Investment incomeLn 3$154
Other incomeLn 4–11$27K
Total revenueLn 12$99K
Assets in detailPt X, end of year
CashLn 1$17K
Cash and savings togetherLn 1–2$17K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$46K
LiabilitiesLn 26$95K
Net assetsLn 32−$49K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$37K$17K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$54K$46K
LiabilitiesLn 26$71K$95K
Net assetsLn 32−$17K−$49K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$10K
Payroll taxesLn 10$844
Management feesLn 11a$2K
Office expensesLn 13$1K
OccupancyLn 16$113K
InterestLn 20$4K
InsuranceLn 23$36
Total functional expensesLn 25$131K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $615K$283K$332K$288K 990 PDF
FY2024 Viewing $99K$131K−$32K−$49K 990 PDF
FY2023 $256K$280K−$24K−$17K 990 PDF
FY2022 $251K$263K−$13K$9K 990 PDF
FY2021 $237K$216K$21K$21K 990 PDF
FY2020 $256K$290K−$34K−$8K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $99,144 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $121,100$72,312
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $283$154
I-11 Other revenuePrior year $134,518$26,678
I-12 Total revenuePrior year $255,901$99,144
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $21,665$11,184
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $258,363$120,225
I-18 Total expensesPrior year $280,028$131,409
I-19 Revenue less expensesPrior year −$24,127−$32,265
Part VI · Governance 4 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $99,144 across 6 lines filed
VIII-1b Membership dues$72,312
VIII-1h Total contributions, gifts and grants$72,312
VIII-3 Investment incomeExcluded from tax $154$154
VIII-6 Net rental income or lossExcluded from tax $17,151$17,151
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $9,527$9,527
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $26,832$99,144
Part IX · Statement of functional expenses $131,409 across 7 lines filed
IX-7 Other salaries and wages$10,340
IX-10 Payroll taxes$844
IX-11a Management fees$1,570
IX-13 Office expenses$1,488
IX-16 Occupancy$113,083
IX-20 Interest$4,048
IX-23 Insurance$36
IX-25 Total functional expenses$131,409
Part X · Balance sheet $46,001 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $37,220$17,472
X-4 Accounts receivableStart of year $16,998$28,529
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $54,218$46,001
X-17 Accounts payable and accrued expensesStart of year $819$4,867
X-24 Unsecured notes and loans payableStart of year $70,000$90,000
X-26 Total liabilitiesStart of year $70,819$94,867
X-32 Total net assets or fund balancesStart of year −$16,601−$48,866
X-33 Total liabilities and net assetsStart of year $54,218$46,001
Part XI · Reconciliation of net assets −$48,866 net assets at year end
XI-1 Total revenue$99,144
XI-2 Total expenses$131,409
XI-3 Revenue less expenses−$32,265
XI-4 Net assets at start of year−$16,601
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$48,866

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.