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 BottorffDAVID BOTTORFF
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Susan Brock WilliamsSUSAN BROCK WILLIAMS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mark FisherMARK FISHER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Andrew MillerANDREW MILLER
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tory CastorTORY CASTOR
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Tony HahnTONY HAHN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alecia NafzigerALECIA NAFZIGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mike RoederMIKE ROEDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Matthew GrellerMATTHEW GRELLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Katrina HallKATRINA HALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Courtney ArangoCOURTNEY ARANGO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joe LoftusJOE LOFTUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Laura BrownLAURA BROWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dominick ChaseDOMINICK CHASE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bennett FusonBENNETT FUSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John Hammond IIIJOHN HAMMOND III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Zach Smith HowardZACH SMITH HOWARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chris PryorCHRIS PRYOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Danielle McGrathDANIELLE MCGRATH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Diann McKeeDIANN MCKEE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark RichardsMARK RICHARDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rob HendersonROB HENDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cathy DuboisCATHY DUBOIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gretchen GutmanGRETCHEN GUTMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Taylor HughesTAYLOR HUGHES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Justin SufanJUSTIN SUFAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie WellsSTEPHANIE 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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