Public Charity

BATTERY INNOVATION CENTER INC

BATTERY INNOVATION CENTER INC, of NEWBERRY, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.8M in revenue, $4.7M in expenses, $9.6M in total assets. 4 publicly reported grants to this organization, totaling roughly $3.8M, appear in IRS filings.

EIN: 454110850 NEWBERRY, IN Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$4.8M
Total Expenses$4.7M
Total Assets$9.6M
Grant Records4
Funding Total$3.8M
Filing Years2020–2024

Mission

TO ENHANCE AWARENESS AND INCREASE RESOURCES FOR INDIANA BASED RESEARCH AND DEVELOPMENT IN THE ADVANCED ENERGY STORAGE INDUSTRY IN ORDER TO FOSTER ECONOMIC DEVELOPMENT AND POSITION INDIANA AS A GLOBAL LEADER IN THE ADVANCED ENERGY STORAGE INDUSTRY AND TO ENCOURAGE AND PROMOTE THE BUSINESS INTERESTS OF INDIANA'S ADVANCED ENERGY STORAGE INDUSTRY.

Where $100 goes at Battery Innovation Center Inc

How Battery Innovation Center Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$94
To enhance awareness and increase resources for indiana based research and development in the advanced energy storage industry in order to foster economic development and position indiana as…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER/BO Chad Pittman
BOARD CHAIR David Roberts
PRESIDENT/CE Les Alexander
SECRETARY/BO Paul Mitchell

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,838,017 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.8M $4.7M $9.6M
2023 $4.1M $3.2M $6.6M
2022 $383K $615K $802K
2021 $3.3M $565K $83K
2020 $816K $970K $11.0M

Between 2020 and 2024, reported annual revenue grew from $816K to $4.8M (+490%), with total assets most recently reported at $9.6M.

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

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