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Nonprofiteer
← MIDTOWN INDIANAPOLIS INC

Form 990 for tax year 2025

Filed by MIDTOWN INDIANAPOLIS INC.

Totals

Total revenue
$304,551
Total expenses
$318,249
Contributions and grants received
$259,240
Grants paid
$72,765
Program service revenue
$39,500
Investment income
$5,811
Other revenue
$0
Total assets, end of year
$932,540
Total liabilities, end of year
$598,908
Net assets or fund balances, end of year
$333,632
Program services expenses (Part IX)
$150,737
Management and general expenses
$89,293
Fundraising expenses
$78,219
Program service expenses (Part III)
$150,737

Program services were 47.4% 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.

  • 1e · Government grants (contributions)

    $16,923

  • 1f · All other contributions, gifts and grants

    $242,317

  • 2a · Program service revenue: MIDTOWN INDY MAGAZINE

    total $39,500 · unrelated business $39,500

  • 3 · Investment income

    total $5,811 · excluded $5,811

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $72,765 · program services $72,765

  • 5 · Compensation of officers, directors and key employees

    total $88,155 · program services $36,548 · management and general $34,712 · fundraising $16,895

  • 10 · Payroll taxes

    total $6,579 · program services $2,727 · management and general $2,588 · fundraising $1,264

  • 11b · Fees: legal

    total $1,456 · program services $1,456

  • 11c · Fees: accounting

    total $15,500 · management and general $15,500

  • 11g · Fees: other

    total $18,433 · program services $3,860 · management and general $11,173 · fundraising $3,400

  • 12 · Advertising and promotion

    total $55,841 · program services $152 · fundraising $55,689

  • 13 · Office expenses

    total $283 · program services $84 · fundraising $199

  • 14 · Information technology

    total $10,737 · management and general $10,435 · fundraising $302

  • 16 · Occupancy

    total $12,291 · program services $2,680 · management and general $9,576 · fundraising $35

  • 17 · Travel

    total $546 · management and general $111 · fundraising $435

  • 20 · Interest

    total $29,233 · program services $29,233

  • 22 · Depreciation, depletion and amortization

    total $1,341 · program services $322 · management and general $1,019

  • 23 · Insurance

    total $4,338 · program services $525 · management and general $3,813

  • 24a · Other expenses: MISCELLANEOUS

    total $751 · program services $385 · management and general $366

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,145 · end of year $14,493

  • 2 · Savings and temporary cash investments

    beginning of year $233,651 · end of year $215,610

  • 3 · Pledges and grants receivable

    beginning of year $9,812 · end of year $12,684

  • 4 · Accounts receivable

    beginning of year $3,650 · end of year $13,563

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,793 · end of year $3,738

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

    $681,137

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

    $8,685

  • 10c · Land, buildings and equipment, net

    beginning of year $670,903 · end of year $672,452

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,946 · end of year $13,908

  • 23 · Secured mortgages and notes payable

    beginning of year $584,678 · end of year $585,000

  • 27 · Net assets without donor restrictions

    beginning of year $244,385 · end of year $300,452

  • 28 · Net assets with donor restrictions

    beginning of year $102,945 · end of year $33,180

Mission and programs · 2025

Mission

MIDTOWN INDY EXISTS TO CULTIVATE AN EQUITABLE, HEALTHY, AND SUSTAINABLE COMMUNITY IN WHICH STAKEHOLDERS OF ALL INCOMES, RACES, AND ETHNICITIES HAVE ACCESS TO THE OPPORTUNITIES, SERVICES, AND AMENITIES THEY NEED TO THRIVE. SPECIFICALLY, MIDTOWN'S WORK IS FOCUSED ON 1) BUILDING A SENSE OF COMMUNITY; 2) SUPPORT FOR COMMUNITY BASED AND MINORITY BUSINESSES AND JOB SKILLS DEVELOPMENT; 3) IMPROVEMENT OF TRANSPORTATION OPTIONS AND THE VITALITY OF KEY COMMERCIAL CORRIDORS AND NODES; 4) IMPROVEMENT OF HOUSING OPTIONS AND PUBLIC SPACES.

Activities or mission (Part I)

MIDTOWN INDY IS A COMMUNITY SERVICE CORPORATION COMMITTED TO ADVANCING THE QUALITY OF LIFE AND ECONOMIC VITALITY OF INDIANAPOLIS' MIDTOWN NEIGHBORHOODS.

  • COMMUNITY DEVELOPMENT AND NEIGHBORHOOD INITIATIVES: MIDTOWN INDY ADVANCED COMMUNITY DEVELOPMENT EFFORTS TO EXPAND HOUSING AND STRENGTHEN COMMERCIAL CORRIDORS WITHIN ITS SERVICE AREA. IN 2025, THE ORGANIZATION LED PROGRESS ON A KEY MIXED-USE DEVELOPMENT AT 46TH STREET AND COLLEGE AVENUE, A FORMERLY VACANT BROWNFIELD SITE, WITH A DEVELOPMENT AGREEMENT IN PLACE FOR A PROJECT PROJECTED TO INCLUDE 32 HOUSING UNITS AND NEARLY 2000 SQ. FT. OF COMMERCIAL SPACE. MIDTOWN INDY ALSO PARTICIPATED IN PLANNING AND COLLABORATION FOR TWO ADDITIONAL MIXED-USE DEVELOPMENTS AT 38TH AND ILLINOIS STREET AND 42ND AND COLLEGE AVENUE, SUPPORTING INCREASED HOUSING AND NEIGHBORHOOD-SERVING AMENITITES. IN ADDITION, MIDTOWN INDY SUPPORTED NEIGHBORHOOD IMPROVEMENTS INITIATIVES, INCLUDING ASSISTING THE SOBRO NEIGHBORHOOD WITH A GRANT-FUNDED SIGNAGE PROJECT, AND CONVENED STATEHOLDERS THROUGH THE MIDTOWN ECONOMIC COUNCIL TO ADVANCE CORRIDOR IMPROVEMENTS AND ECONOMIC DEVELOPMENT STRATEGIES ALONG KEY CORRIDORS, INCLUDING 38TH STREET AND IN BROAD RIPPLE. THE EFFORTS SERVED MULTIPLE NEIGHBORHOODS, RESIDENTS, AND BUSINESSES ACROSS THE MIDTOWN SERVICE AREA THROUGHOUT THE YEAR.

    Expenses $37,754 · Grants $1,924

  • COMMUNITY COMMUNICATIONS AND OUTREACH: MIDTOWN INDY PRODUCED AND DISTRIBUTED FOUR ISSUES OF THE MIDTOWN INDY MAGAZINE IN 2025, REACHING APPROXIMATELY 24,000 HOUSEHOLDS AND BUSINESSES PER ISSUE THROUGH DIRECT MAIL AND LOCAL DISTRIBUTION. THE MAGAZINE SERVES AS A KEY COMMUNICATION TOOL PROVIDING RESIDENTS AND BUSINESSES WITH INFORMATION ON COMMUNITY RESOURCES, DEVELOPMENT UPDATES, LOCAL EVENTS, NEIGHBORHOOD NEWS, AND OPPORTUNITIES FOR CIVIC ENGAGEMENT. DUE TO STRONG COMMUNITY DEMAND AND POSITIVE READER FEEDBACK, MIDTOWN INDY EXPANDED THE PUBLICATION BY 8 ADDITIONAL PAGES TO INCREASE COVERAGE OF LOCAL CONTENT. THIS PROGRAM SUPPORTS INFORMED COMMUNITY PARTICIPATION AND STRENGTHENS CONNECTIONS AMONG RESIDENTS, NEIGHBORHOODS, AND LOCAL BUSINESSES ACROSS THE MIDTOWN SERVICE AREA.

    Expenses $59,088

  • INCREASING FOOD ACCESS THROUGH URBAN FARMING: IN 2025, MIDTOWN INDY UTILIZED GRANT FUNDING TO FACILITATE THE DEVELOPMENT OF A NEW URBAN FARM ON A PREVIOUSLY VACANT AND UNDERUTILIZED PARCEL WITHIN A DESIGNATED FOOD DESERT. MIDTOWN INDY COORDINATED A PARTNERSHIP THAT ENABLED THE SALE OF A CHURCH-OWNED PROPERTY TO A LOCAL ORGANIZATION COMMITTED TO LONG-TERM COMMUNITY USE, ESTABLISHING THE SITE FOR AGRICULTURE PURPOSES. MIDTOWN INDY ALSO SUPPORTED THE IDENTIFICATION OF A MINORITY URBAN FARMER WHO WILL LEASE-TO-OWN THE PROPERTY, CREATING A PATHWAY TO LAND OWNERSHIP AND LONG-TERM ECONOMIC OPPORTUNITY. GRANT FUNDS WERE USED TO PREPARE THE SITE FOR FARMING, INCLUDING INSTALLATION OF RAISED GARDEN BEDS, SOIL, FENCING, A STORAGE SHED, AND SITE SIGNAGE. THE URBAN FARM IS EXPECTED TO INCREASE ACCESS TO FRESH FOOD AND SERVE AS A COMMUNITY RESOURCE THROUGH POP-UP MARKETS, EDUCATIONAL WORKSHIPS FOR ALL AGES, AND COMMUNITY EVENTS. THIS INITIATIVE ADVANCES FOOD ACCESS, EQUITABLE LAND USE, AND COMMUNITY REVITALIZATION WITHIN THE MIDTOWN SERVICE AREA.

    Expenses $53,895 · Grants $70,841

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Rachel Dickerson

    EXECUTIVE DIRECTOR

    Total calculated
    $89,155
    From this org
    $87,000
    From related orgs
    $0
    Other
    $2,155
    Hours/week
    40
  • Mark Fisher

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Eric Armstrong

    VICE BOARD CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Eva Marquez

    PAST BOARD CHAIR

    Total calculated
    $0
    Hours/week
    10
  • Ebony Carter

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Kristen Devine

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Annie Caruso

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Karissa Hulse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Michael Lofton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Brandon Powell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

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

  • PURCHASE OF LAND FOR LISC FUNDED URBAN FARM

  • VARIOUS PURCHASES FOR LISC FUNDED URBAN FARM - TOOLS, SUPPLIES, DEMO, CLEANUP, FENCE, SECURITY & LIGHTING

  • HARVEST 2 HOME INDY LLC

    $6,000

    LISC FUNDED URBAN FARM - IDENTIFY FARMING PARTNER, OVERSEE THE FARM AND PROPERTY, IDENTIFY RESOURCES AND OPPORTUNITIES FOR FARMER, MARKET EVENTS ON THE FARM TO THE COMMUNITY

Provenance

Return type
form_990
Tax year
2025
Filed
14 July 2026
IRS schema version
2025v4.2
Source object
202631959349300328

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