Skip to content
Nonprofiteer
← All organizations

INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC

EIN 35-6013771 INDIANAPOLIS, IN

Revenue 2025
$22,026,626
Expenses 2025
$11,893,704

Program services were 69.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
1000
Street
4750 W 16TH ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

The Indianapolis Motor Speedway Museum brings to life the innovation, thrill, and cultural significance of motor racing at the Indianapolis Motor Speedway.

Activities or mission (Part I)

TO CELEBRATE THE INNOVATION, THRILL, AND CULTURAL SIGNIFICANCE OF RACING AT THE INDIANAPOLIS MOTOR SPEEDWAY AND PRESERVE THE HISTORY BEHIND THE INDPLS MOTOR SPEEDWAY AND INDPLS 500.

  • THE INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION, INC. MANAGES A MUSEUM, ITS COLLECTION AND PUBLIC PROGRAMS. THE MUSEUM'S COLLECTION CONSISTS OF HISTORICALLY AND CULTURALLY SIGNIFICANT ITEMS THAT INCLUDE VEHICLES, RACE CARS, RACING ARTIFACTS, ARTWORK, AND PUBLICATIONS. THE MUSEUM OFFERS A COMBINATION OF ROTATING AND PERMANENT EXHIBITS THAT FOCUS ON THE HISTORY AND IMPACT OF THE INDIANAPOLIS MOTOR SPEEDWAY, INDYCAR RACING, AND MOTORSPORTS. IN ADDITION, THE MUSEUM OFFERS UNIQUE TOURS OF THE SPEEDWAY TRACK AND FACILITIES. EDUCATIONAL AND INFORMATION PROGRAMMING FOR THE PUBLIC RANGING FROM STUDENTS ON A FIELD TRIP TO LIFELONG LEARNING OPPORTUNITIES, IS AT THE HEART OF THE WORK OF THE MUSEUM.

    Expenses $8,204,892 · Revenue $5,225,076

  • RESTORATION TO PRESERVE EDUCATE AND CELEBRATE RACING HISTORY THROUGH ITEMS THAT ARE ON DISPLAY OR PARTICIPATE IN RACING CEREMONIES.

    Revenue $46,838

  • THE DISTINGUISHED SPEAKER SERIES, FUEL UP FRIDAYS AND LUNCH & LEARN INFORM, EDUCATE AND ENTERTAIN RACING ENTHUSIASTS THROUGH STORY-TELLING BY AND DISCUSSIONS WITH ICONIC RACING PERSONALITIES AND BEHIND THE SCENES PERSPECTIVES.

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

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • CHUCK JONES

    BOARD CHAIR & DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CONSTANCE LUND

    TREASURER & DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JEFFREY B SMITH

    SECRETARY AND DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • KIRK HENDRIX

    DIRECTOR AND INTERIM PRESIDENT (JUL - DEC 2025)

    Total calculated
    $20,000
    From this org
    $20,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5
  • ANGELA KRAHULIK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BILL MANNS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BLAIR HALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • BUD MOELLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CHRIS MACALLISTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DOUGLAS BOLES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • DUNCAN DAYTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • FRED J NATION

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • LARRY FOYT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MELISSA CAITO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROBERT DYSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ROBERT RAHAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • SCOTT BORCHETTA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • John Joseph Hale

    President (ENDED JUNE 2025)

    Total calculated
    $302,019
    From this org
    $288,780
    From related orgs
    $0
    Other
    $13,239
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,670
    Bonus
    $100,000
    Other
    $1,110
    Deferred
    $13,239
    Nontaxable benefits
    $0
    Filer's total
    $302,019
  • PHIL FOSTER

    DIRECTOR OF FINANCE

    Total calculated
    $162,789
    From this org
    $139,888
    From related orgs
    $0
    Other
    $22,901
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,888
    Bonus
    $13,000
    Other
    $0
    Deferred
    $7,345
    Nontaxable benefits
    $15,556
    Filer's total
    $162,789
  • DANIEL C ROSENAU

    RESTORATION SERVICES MANAGER

    Total calculated
    $121,128
    From this org
    $108,855
    From related orgs
    $0
    Other
    $12,273
    Hours/week
    40
  • JASON VANSICKLE

    VP OF CURATION AND EDUCATION

    Total calculated
    $155,998
    From this org
    $142,000
    From related orgs
    $0
    Other
    $13,998
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,000
    Bonus
    $13,000
    Other
    $0
    Deferred
    $7,246
    Nontaxable benefits
    $6,752
    Filer's total
    $155,998
  • KARA KOVERT PRAY

    VP OF ADVANCEMENT

    Total calculated
    $150,497
    From this org
    $136,287
    From related orgs
    $0
    Other
    $14,210
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,287
    Bonus
    $13,000
    Other
    $0
    Deferred
    $6,955
    Nontaxable benefits
    $7,255
    Filer's total
    $150,497
  • MANDI BENDER

    VP OF OPERATIONS

    Total calculated
    $147,551
    From this org
    $133,971
    From related orgs
    $0
    Other
    $13,580
    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $22,026,626
    Expenses
    $11,893,704
    Contributions
    $11,603,714
    Grants paid
    $0
  • 2024
    Revenue
    $8,450,024
    Expenses
    $5,313,201
    Contributions
    $5,398,510
    Grants paid
    $0
  • 2023
    Revenue
    $42,558,276
    Expenses
    $6,556,260
    Contributions
    $39,397,287
    Grants paid
    $0
  • 2022
    Revenue
    $16,312,669
    Expenses
    $5,445,718
    Contributions
    $13,431,007
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2025 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2021 · 990

    Revenue
    $5,744,241
    Expenses
    $4,120,757
    Assets (EOY)
    $10,260,560
  • 2021 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2020 · 990

    Revenue
    $4,708,335
    Expenses
    $3,509,095
    Assets (EOY)
    $7,132,784
  • 2020 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2019 · 990

    Revenue
    $5,192,899
    Expenses
    $4,314,592
    Assets (EOY)
    $6,460,472
  • 2018 · 990

    Revenue
    $2,912,398
    Expenses
    $3,003,921
    Assets (EOY)
    $4,318,788

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.