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← INDIANA FISCAL POLICY INSTITUTE INC

Form 990 for tax year 2023

Filed by INDIANA FISCAL POLICY INSTITUTE INC.

Totals

Total revenue
$157,725
Total expenses
$188,743
Contributions and grants received
$117,075
Grants paid
$0
Program service revenue
$40,645
Investment income
$5
Other revenue
$0
Total assets, end of year
$10,226
Total liabilities, end of year
$625
Net assets or fund balances, end of year
$9,601
Program services expenses (Part IX)
$165,261
Management and general expenses
$20,903
Fundraising expenses
$2,579
Program service expenses (Part III)
$165,261

Program services were 87.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $82,500

  • 1f · All other contributions, gifts and grants

    $34,575

  • 2a · Program service revenue: ANNUAL MEETING REGISTR

    total $40,645 · related or exempt $40,645

  • 3 · Investment income

    total $5 · excluded $5

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $112,364 · program services $101,128 · management and general $11,236

  • 10 · Payroll taxes

    total $881 · program services $176 · management and general $88 · fundraising $617

  • 11b · Fees: legal

    total $100 · management and general $100

  • 11c · Fees: accounting

    total $8,077 · management and general $8,077

  • 11g · Fees: other

    total $5,000 · program services $5,000

  • 13 · Office expenses

    total $1,871 · program services $187 · management and general $1,029 · fundraising $655

  • 14 · Information technology

    total $209 · program services $23 · management and general $186

  • 17 · Travel

    total $1,367 · program services $273 · management and general $137 · fundraising $957

  • 19 · Conferences, conventions and meetings

    total $58,313 · program services $58,313

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $500 · program services $100 · management and general $50 · fundraising $350

  • 24b · Other expenses: OTHER EXP

    total $61 · program services $61

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $31,690 · end of year $6,166

  • 2 · Savings and temporary cash investments

    beginning of year $9,037 · end of year $4,060

  • 4 · Accounts receivable

    beginning of year $5,000 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $2,028

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,028

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $108 · end of year $625

  • 19 · Deferred revenue

    beginning of year $5,000 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $40,619 · end of year $9,601

Mission and programs · 2023

Mission

TO ENHANCE THE EFFECTIVENESS AND ACCOUNTABILITY OF STATE AND LOCAL GOVERNMENT THROUGH EDUCATION OF: PUBLIC SECTOR, BUSINESS AND LABOR LEADERS ON SIGNIFICANT FISCAL POLICY ISSUES AND THE CONSEQUENCES OF STATE AND LOCAL DECISIONS.

  • THE INDIANA FISCAL POLICY INSTITUTE (IFPI) IS INDIANA'S ONLY INDEPENDENT, STATEWIDE SOURCE OF ONGOING RESEARCH AND ANALYSIS INTO STATE AND LOCAL TAXING AND SPENDING POLICIES. THE IFPI IS PRIVATELY SUPPORTED BY A VARIETY OF ORGANIZATIONS, BUSINESSES, ASSOCIATIONS, AND INDIVIDUALS IN INDIANA AND SURROUNDING STATES. IFPI'S MISSION IS TO ENHANCE THE EFFECTIVENESS AND ACCOUNTABILITY OF STATE AND LOCAL GOVERNMENT THROUGH THE EDUCATION OF POLICYMAKERS, THE PRIVATE SECTOR AND PUBLIC-AT-LARGE ON CRITICAL FISCAL ISSUES AND THE LONGER-TERM CONSEQUENCES OF POLICIES ADDRESSING THEM. IFPI DOES NOT LOBBY, SUPPORT, OR OPPOSE CANDIDATES FOR PUBLIC OFFICE, INSTEAD RELYING ON OBJECTIVE RESEARCH FOR ASSESSING AND INFLUENCING SOUND FISCAL STRATEGIES.IFPI HAS ADVANCED THIS MISSION BY PROVIDING ONGOING ANALYSIS AND COMMENTARY ON THE FISCAL IMPACT AND IMPLICATIONS OF DEVELOPMENTS AT THE INDIANA GENERAL ASSEMBLY, COMMUNICATING DIRECTLY WITH ITS PARTNERS, STAKEHOLDERS AND ELECTED OFFICIALS, AS WELL AS WORKING THROUGH THE MEDIA (PROVIDING INTERVIEWS, SUBMITTING COMMENTARIES AND OBSERVATIONS ON ISSUES OF NOTE), AND GIVING PRESENTATIONS TO BUSINESS, CIVIC AND ECONOMIC DEVELOPMENT GROUPS ACROSS THE STATE OF INDIANA.

    Expenses $165,261 · Revenue $40,645

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Bottorff

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Susan Brock Williams

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Mark Fisher

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Andrew Miller

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Tory Castor

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Tony Hahn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Alecia Nafziger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mike Roeder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matthew Greller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Katrina Hall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Courtney Arango

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Joe Loftus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Laura Brown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dominick Chase

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bennett Fuson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Hammond III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Zach Smith Howard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chris Pryor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Danielle McGrath

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Diann McKee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Richards

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rob Henderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Cathy Dubois

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gretchen Gutman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Taylor Hughes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Justin Sufan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Wells

    PRESIDENT

    Total calculated
    $98,864
    From this org
    $98,864
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
9 October 2024
IRS schema version
2023v5.1
Source object
202433109349301613

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