Public Charity

16 TECH COMMUNITY CORPORATION

Based in INDIANAPOLIS, IN, 16 TECH COMMUNITY CORPORATION operates as a Public Charity. The organization reported $11.0M in revenue, $11.3M in expenses, $157.0M in total assets for fiscal year 2024. Imperigo tracks 13 reported grant relationships connected to this organization totaling approximately $764K.

EIN: 810853467 INDIANAPOLIS, IN Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$11.0M
Total Expenses$11.3M
Total Assets$157.0M
Grant Records13
Funding Total$764K
Filing Years2020–2024

Mission

TO FOSTER AND ENHANCE ENTREPRENEURSHIP, INNOVATION AND ECONOMIC OPPORTUNITY THROUGH A PLACE-BASED STRATEGY.

Where $100 goes at 16 Tech Community Corporation

How 16 Tech Community Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$90 Programs the work itself
$9 Management running the organization
$1 Fundraising raising the next dollar

Inside the $90 for programs

$90
The 16 tech innovation district is a growing, 50-acre destination for innovation and entrepreneurship and a driver of the tech enablement of the life-sciences and advanced manufacturing industries…
All program spending · Reported in the filing: 1,200 people; 3,000 jobs
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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.

Sample Grants Received

2024
Sound Expeditions
$46,500
2024
For grant recipient's exempt purposes
$25,000
2024
Inaugural artist-in-residence program & text-based poetry commissions
$20,000
2023
Catalyzing 16 Tech's Inclusive Innovation Ecosystem
$65,000
$25,000

Showing up to 5 of 13 total records — full history available with membership.

Officers & Directors

DIRECTOR Alan Palkowitz
CHIEF FINANCIAL OFFICER Alex Kurrelmeier
DIRECTOR Aman Brar
DIRECTOR Dan Hasler Sr
DIRECTOR David Roberts
PRESIDENT AND CEO Emily Krueger

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$570,000 7 grants
Research & Policy
$65,000 1 grant
Health & Medicine
$50,000 2 grants
Arts & Culture
$20,000 1 grant
Unspecified
$58,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $11.0M $11.3M $157.0M
2023 $32.5M $14.3M $155.0M
2022 $21.3M $9.8M $134.4M
2021 $43.8M $25.2M $90.4M
2020 $53.8M $42.6M $74.4M

Between 2020 and 2024, reported annual revenue declined from $53.8M to $11.0M (-80%), with total assets most recently reported at $157.0M.

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

See the full picture for 16 TECH COMMUNITY CORPORATION

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