Public Charity

Independent Colleges of Indiana Inc

Based in Indianapolis, IN, Independent Colleges of Indiana Inc operates as a Public Charity. The organization reported $28.6M in revenue, $26.5M in expenses, $99.6M in total assets for fiscal year 2025. Imperigo tracks 16 reported grant relationships connected to this organization totaling approximately $1.0M.

EIN: 310901001 Indianapolis, IN Latest filing: 2025
Total Revenue$28.6M
Total Expenses$26.5M
Total Assets$99.6M
Grant Records16
Funding Total$1.0M
Filing Years2021–2025

Mission

The Independent Colleges of Indiana (ICI) advances and strengthens the competitive standing of its 29 member independent, nonprofit, regionally accredited, degree granting colleges and universities. ICI works to ensure opportunity, access, and choice in higher education for all students. (Continued on Schedule O)

Sample Grants Received

2024
GRANTS TO STATE COUNCILS
$114,000
2023
GRANTS TO STATE COUNCILS
$114,987
2023
Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract
$16,490
2022
GRANT TO STATE COUNCILS
$94,300
2021
UPS SCHOLARSHIPS
$92,800

Showing up to 5 of 16 total records — full history available with membership.

Officers & Directors

Director (Start 8/9/24) Brennan Randolph
Director Christopher M Pietruszkiewicz Jd
Director Daniel Elsener
Director Dr Amy Mccormack
Director Dr Barbara Bellefeuille
Director Dr D Michael Lindsay

Officer compensation and complete director data available with membership.

Top Grant Purposes

UPS SCHOLARSHIPS
$525,900 6 grants
GRANTS TO STATE COUNCILS
$228,987 2 grants
GRANT TO STATE COUNCILS
$94,300 1 grant
PROGRAM OPERATING COST
$46,437 3 grants
SCHOLARSHIP CHALLENG
$40,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $28.6M $26.5M $99.6M
2024 $25.9M $26.0M $95.1M
2023 $25.8M $23.7M $93.0M
2022 $22.1M $22.3M $91.2M
2021 $20.2M $21.6M $93.8M

Between 2021 and 2025, reported annual revenue grew from $20.2M to $28.6M (+42%), with total assets most recently reported at $99.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Independent Colleges of Indiana Inc

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