Indy Pride INC FY2023 filing

Tax-deductible

Indianapolis, IN501(c)(3)Recreation & SportsEIN 35-1951286Revenue $1.7M in FY2023

On file with the IRSindypride.orgPo Box 44403, 46244-0403 · Indianapolis, INTax-exempt since May 2000Publicly supported charity — 170(b)(1)(A)(vi)

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Indy Pride, INC. Exists to unite and serve its members and the lgbtq community of central indiana through leadership development, educational and support programs, and community events that achieve inclusivity, equality, strong community connections, and awareness of lgbtq issues.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$87K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$87K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $78K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
+19% vs prior year
Spent
$1.7M
To programs
83%
Net assets
$457K
By yearFY2020–FY2024
Revenue
$1.7M
FY2023▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$478K
FY2021$439K
FY2022$1.4M
FY2023$1.7M
FY2024$1.7M
Expenses
$1.7M
FY2023▲ +24%
Tap a bar for its year
Expenses by fiscal year
FY2020$367K
FY2021$385K
FY2022$1.3M
FY2023$1.7M
FY2024$1.9M
Net assets
$457K
FY2023▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$369K
FY2021$427K
FY2022$464K
FY2023$457K
FY2024$210K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2000.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $1.4M Management & general 14% · $230K Fundraising 3% · $48K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $87K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$86,625Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Shelly Snider’s $87K as Executive Director is at the 25th percentile of top reported officer pay among 1843 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2020
Shelly Snider$86,625$79,327—
Chris Handberg——$75,600

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Indy Pride INC executive salaries →

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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

Unites and serves the LGBTQ community with leadership, education, support, and events.

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Provided by the organization

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3 programs · $1.4M · in their own filed words · FY2023
01

Pride festival and other activities that seek to educate, celebrate diversity, and create unity in and between the lesbian, gay, bisexual, transgender and straight communities. The 2020 pandemic required programming shift to virtual content in quarter 2. Over 30 events, most virtual, were hosted throughout the year.

$1.3Mprogram expense
02

Grants to organizations with similar program objectives as indy pride.

$116Kprogram expense
03

To assist families in need financially and donate scholarships.

$9Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$78K
See all 4 funders →
Grants paid · 21 grants · $184K · 2020–2024
InterprideTX · FY2024$11,372
Indiana Pride of ColorIN · FY2024$6,000
Indy Drag TheaterFY2024$5,500
Unitemized GrantFY2023$12,500
Indiana Youth Group INCIN · FY2023$10,854
Fort Wayne Pride INCIN · FY2023$10,000
River City Pride INCIN · FY2023$10,000
Damien CenterFY2023$5,500
North American RescueFY2023$5,308
Unitemized GrantFY2023$5,000
Unitemized GrantFY2023$3,664
Unitemized GrantFY2021$19,070
Fort Wayne Pride INCIN · FY2021$10,000
Unitemized GrantFY2021$9,500
Indiana Youth Group INCIN · FY2021$5,272
Unitemized GrantFY2021$2,863
Unitemized GrantFY2020$15,825
See all 21 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Fees for servicesLn 2g$973K
Gifts and grantsLn 1h$648K
Other incomeLn 4–11$21K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.4M
Managementcol C$230K
Fundraisingcol D$48K
Owns and owesPt X
$457K
net assets · Ln 32
Cash and savingsLn 1–2$346K
Total assetsLn 16$463K
LiabilitiesLn 26$6K
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$648K
Noncash giftsLn 1g$29K
Fees for servicesLn 2g$973K
Investment incomeLn 3$14K
Other incomeLn 4–11$21K
Gains on assetsLn 7−$799
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$95K
SavingsLn 2$251K
Cash and savings togetherLn 1–2$346K
InvestmentsLn 11–13$67K
Total assetsLn 16$463K
LiabilitiesLn 26$6K
Net assetsLn 32$457K
OperationsPt I, VI
EmployeesI 52
VolunteersI 650
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$440K$346K
InvestmentsLn 11–13$60K$67K
Total assetsLn 16$501K$463K
LiabilitiesLn 26$37K$6K
Net assetsLn 32$464K$457K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$101K$101K
Grants to domestic individualsLn 2$23K$23K
Pay of current officers, directors and key staffLn 5$89K$53K$13K$23K
Other salaries and wagesLn 7$80K$48K$11K$21K
Other employee benefitsLn 9$6K$4K$1K$1K
Payroll taxesLn 10$13K$8K$3K$3K
Investment management feesLn 11f$829$829
Other fees for servicesLn 11g$40K$40K
Advertising and promotionLn 12$100K$19K$81K
Office expensesLn 13$23K$17K$6K
Information technologyLn 14$8K$3K$5K
TravelLn 17$10K$1K$9K
Conferences, conventions and meetingsLn 19$74K$55K$20K
InsuranceLn 23$6K$2K$4K$249
Other expenses (24a–d)Ln 24$890K$873K$17K$200
All other expensesLn 24e$205K$184K$20K$519
Total functional expensesLn 25$1.7M$1.4M$230K$48K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.7M$1.9M−$214K$210K 990 PDF
FY2023 Viewing $1.7M$1.7M−$13K$457K 990 PDF
FY2022 $1.4M$1.3M$49K$464K 990 PDF
FY2021 $439K$385K$54K$427K 990 PDF
FY2020 $478K$367K$111K$369K 990 PDF

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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 FY2023 990 (6 parts)
Part I · Summary $1,656,259 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $548,163$648,223
I-9 Program service revenuePrior year $821,690$973,003
I-10 Investment incomePrior year $5,144$13,813
I-11 Other revenuePrior year $21,311$21,220
I-12 Total revenuePrior year $1,396,308$1,656,259
I-13 Grants and similar amounts paidPrior year $199,245$124,197
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $87,896$187,515
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,059,678$1,357,266
I-18 Total expensesPrior year $1,346,819$1,668,978
I-19 Revenue less expensesPrior year $49,489−$12,719
Part VI · Governance 16 of 16 board members independent, 4 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
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 $1,656,259 across 7 lines filed
Lines not itemized here account for $21,220 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$648,223
VIII-1g Noncash contributions (included above)$29,294
VIII-1h Total contributions, gifts and grants$648,223
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $973,003$973,003
VIII-3 Investment incomeExcluded from tax $14,612$14,612
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$799−$799
VIII-12 Total revenueRelated to mission $994,223 · Unrelated business $0 · Excluded from tax $13,813$1,656,259
Part IX · Statement of functional expenses $1,668,978 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $100,733$100,733
IX-2 Grants to domestic individualsPrograms $23,464$23,464
IX-5 Pay of current officers, directors and key staffPrograms $53,475 · Management $12,619 · Fundraising $23,031$89,125
IX-7 Other salaries and wagesPrograms $47,862 · Management $11,160 · Fundraising $20,748$79,770
IX-9 Other employee benefitsPrograms $3,534 · Management $1,178 · Fundraising $1,178$5,890
IX-10 Payroll taxesPrograms $7,638 · Management $2,546 · Fundraising $2,546$12,730
IX-11f Investment management feesManagement $829$829
IX-11g Other fees for servicesManagement $39,974$39,974
IX-12 Advertising and promotionPrograms $18,502 · Management $81,254$99,756
IX-13 Office expensesPrograms $17,486 · Management $5,777$23,263
IX-14 Information technologyPrograms $2,917 · Management $5,165$8,082
IX-17 TravelPrograms $1,472 · Management $8,575$10,047
IX-19 Conferences, conventions and meetingsPrograms $54,796 · Management $19,538$74,334
IX-23 InsurancePrograms $1,743 · Management $3,983 · Fundraising $249$5,975
IX-24 Other expenses (24a–d)Programs $872,888 · Management $17,325 · Fundraising $200$890,413
IX-24e All other expensesPrograms $184,046 · Management $20,028 · Fundraising $519$204,593
IX-25 Total functional expensesPrograms $1,390,556 · Management $229,951 · Fundraising $48,471$1,668,978
Part X · Balance sheet $462,602 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $187,125$94,932
X-2 Savings and temporary cash investmentsStart of year $252,643$250,971
X-4 Accounts receivableStart of year $1,026$50,010
X-11 Publicly traded securitiesStart of year $60,311$66,689
X-16 Total assetsStart of year $501,105$462,602
X-17 Accounts payable and accrued expensesStart of year $37,224$5,500
X-26 Total liabilitiesStart of year $37,224$5,500
X-27 Net assets without donor restrictionsStart of year $417,112$355,215
X-28 Net assets with donor restrictionsStart of year $46,769$101,887
X-32 Total net assets or fund balancesStart of year $463,881$457,102
X-33 Total liabilities and net assetsStart of year $501,105$462,602
Part XI · Reconciliation of net assets $457,102 net assets at year end
XI-1 Total revenue$1,656,259
XI-2 Total expenses$1,668,978
XI-3 Revenue less expenses−$12,719
XI-4 Net assets at start of year$463,881
XI-5 Net unrealized gains (losses) on investments$5,940
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$457,102

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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