Mission
THE MIND TRUST STRIVES TO PROVIDE EVERY STUDENT IN INDIANAPOLIS AND BEYOND WITH ACCESS TO AN EXCELLENT EDUCATION.
Public Charity
THE MIND TRUST INC
THE MIND TRUST INC is a Public Charity headquartered in INDIANAPOLIS, IN. Financial data from the 2025 filing: $57.9M revenue, $35.6M expenses, $58.7M total assets. 48 publicly reported grants to this organization, totaling roughly $80.6M, appear in IRS filings.
EIN: 204560286
INDIANAPOLIS, IN
Research Institutes & Public Policy Analysis
NTEE: B05
Latest filing: 2025
Total Revenue$57.9M
Total Expenses$35.6M
Total Assets$58.7M
Grant Records48
Funding Total$80.6M
Filing Years2020–2025
Where $100 goes at The Mind Trust Inc
How The Mind Trust Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$94
Programs
the work itself
$4
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $94 for programs
$55
The Mind Trust's team is focused on creating and managing innovative programs
$39
The Mind Trust's Indianapolis-based team is passionate about improving education and life outcomes for K-12 students in Indianapolis and beyond
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$6,769
TO SUPPORT THE EXPANSION OF HIGH-QUALITY PUBLIC SCHOOLS FOR STUDENTS IN INDIANAPOLIS
$10,000,000
HUMAN SERVICES
$6,610,000
For grant recipient's exempt purposes
$458,600
CALL TO EFFECTIVE ACTION
$150,000
Showing up to 5 of 48 total records — full history available with membership.
Officers & Directors
BOARD TREASURER
Ann Murtlow
DIRECTOR
Bill Shrewsberry
CEO
Brandon Brown
SVP OF FINANCE
Corrie Lapp
DIRECTOR
David Harris
DIRECTOR
David Shane
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $57.9M | $35.6M | $58.7M |
| 2024 | $49.3M | $43.5M | $34.0M |
| 2023 | $29.9M | $21.7M | $26.4M |
| 2021 | $26.2M | $22.0M | $28.5M |
| 2020 | $20.3M | $14.9M | $22.7M |
Between 2020 and 2025, reported annual revenue grew from $20.3M to $57.9M (+186%), with total assets most recently reported at $58.7M.
Interactive year-over-year charts and full filing details available with membership.