Small Public Charity

INTERNATIONAL ASSOCIATION OF INDIANAPOLIS 500 OLDTIMERS INC

INTERNATIONAL ASSOCIATION OF INDIANAPOLIS 500 OLDTIMERS INC, of SPEEDWAY, IN, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $53K in revenue, $62K in expenses, $452K in total assets. 3 publicly reported grants to this organization, totaling roughly $45K, appear in IRS filings.

EIN: 351842139 SPEEDWAY, IN Latest filing: 2024
Total Revenue$53K
Total Expenses$62K
Total Assets$452K
Grant Records3
Funding Total$45K
Filing Years2020–2024

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE EDUCATION AND GUIDANCE FOR THE YOUNGER RACING GENERATION, PROVIDE SUITABLE RECOGNITION FOR OUTSTANDING PARTICIPANTS OF THE INDIANAPOLIS 500. TO SPONSOR ACTS OF CHARITY, CULTURE AND EDUCATION, COMPILATION AND PRESERVATION OF HISTORICAL FACTS CONCERNING THE RACE, COMPETING CARS AND THE RACING PERSONNEL ENTERED FOR THE PURPOSE OF PARTICIPATING IN THE EVENT FROM THE INAUGURAL RACE TO THE PRESENT. PROMOTE SOCIAL ENJOYMENT AND FELLOWSHIP AMONG ITS MEMBERS AND TO FURTHER INTEREST OF AUTO RACING IN GENERAL

Officers & Directors

SECRETARY/TREASURER Barbara J Hellyer
BOARD MEMBER/NEWSLETTER EDITOR Bob Gates
BOARD MEMBER Curt Cavin
BOARD MEMBER Dave A Calabro
BOARD MEMBER Donald C Basala
BOARD MEMBER Jeffrey V Boles

Officer compensation and complete director data available with membership.

Top Grant Purposes

CULTURE & ARTS
$25,000 1 grant
HUMAN SERVICES
$10,000 1 grant
RELIGION
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $53K $62K $452K
2023 $93K $58K $423K
2022 $41K $52K $358K
2021 $51K $57K $390K
2020 $44K $50K $351K

Between 2020 and 2024, reported annual revenue grew from $44K to $53K (+21%), with total assets most recently reported at $452K.

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

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