Indy Convergence INC FY2021 filing
Offers space and materials for artists and the community to create. For fiscal year 2021 it reported $79K in revenue, $196K in expenses, and $-21K in net assets.Pt I
- Founded
- 2009
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- Indianapolis, IN
- Website
- www.indyconvergence.org
- Filings
- 4 on file (2020–2021)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Robert Negron’s $46K as Producing Artistic Director is at the 40th percentile of top reported officer pay among 2213 $100K–1M arts & culture 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 · 5 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2021 |
|---|---|---|---|---|
| Robert Negron | $45,710 | $9,620 | $18,175 | $7,860 |
| Jess Carr | $42,723 | $5,312 | — | — |
| Cailitin Negron | $21,061 | — | — | — |
| Caitlin Negron | — | $190 | $12,445 | $9,000 |
| Jessica Carr | — | — | $1,200 | — |
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.
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Where the work happens
General Programs
Indy convergence provides professional development and tangible support to both artists and community groups in indianapolis to bring artistic projects to life. This falls in line with the organization's pledge to come alongside our neighbors and art partners through people-centered programming and celebrate our work together with our…
Summer Residency
The residency is the organization's flagship program. It welcomes creatives to indianapolis from around the country for two weeks to collaborate, learn, share, and teach with one another across disciplines. This program has been called "transformative", "life changing", and "the most creative, artist experience ever."
A Rising Tide
This program is mobile, non-invasive arts programming along the shores of the white river between 16TH street and new york ST in indianapolis, in. This takes shape as an annual festival featuring performing arts events on two stages.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 57% | — | — |
| Overhead ratio | 43% | — | — |
| Fundraising cost ratio | 0.07% | — | — |
| Revenue growth | -58% | — | — |
| Legal fee ratio | 0.5% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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