Mission
THE MISSION OF THE 500 FESTIVAL IS TO PRODUCE LIFE-ENRICHING EVENTS AND PROGRAMS THAT CELEBRATE THE SPIRIT AND LEGACY OF THE INDIANAPOLIS 500 AND FOSTER A POSITIVE IMPACT ON THE CITY OF INDIANAPOLIS AND STATE OF INDIANA.
Public Charity
500 FESTIVAL INC
500 FESTIVAL INC is a Public Charity headquartered in INDIANAPOLIS, IN. Financial data from the 2024 filing: $5.9M revenue, $6.0M expenses, $9.7M total assets. 20 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.
EIN: 351004320
INDIANAPOLIS, IN
Latest filing: 2024
Total Revenue$5.9M
Total Expenses$6.0M
Total Assets$9.7M
Grant Records20
Funding Total$1.2M
Filing Years2020–2024
Sample Grants Received
CHARITABLE DONATION
$50,000
CHARITABLE DONATION
$50,000
GENERAL GRANT
$10,000
SUPPORT CHARITABLE ACTIVITIES OF THE 500 FESTIVAL INC.
$191,800
CHARITABLE DONATION
$50,000
Showing up to 5 of 20 total records — full history available with membership.
Officers & Directors
DIRECTOR
Bali Heir
DIRECTOR
Bill Beck
DIRECTOR
Bowman Elder
DIRECTOR
Brandi Davis-Handy
TREASURER
Christina Moungey
DIRECTOR
Doug Boles
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $5.9M | $6.0M | $9.7M |
| 2023 | $5.7M | $5.4M | $7.2M |
| 2022 | $5.8M | $5.2M | $6.8M |
| 2021 | $3.8M | $3.7M | $7.3M |
| 2020 | $3.5M | $3.3M | $7.0M |
Between 2020 and 2024, reported annual revenue grew from $3.5M to $5.9M (+72%), with total assets most recently reported at $9.7M.
Interactive year-over-year charts and full filing details available with membership.