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Nonprofits›Indianapolis Motor Speedway Foundation Inc

Indianapolis Motor Speedway Foundation Inc

INDIANAPOLIS, IN

Website

Total revenue

$8.5M

Total expenses

$5.3M

Net assets

$67.1M

Grants received

$24.1M

55 grants

EIN

356013771

Tax year

2024

Mission

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.

Programs

2 programs

Restoration to preserve educate and celebrate racing history through items that are on display or participate in racing ceremonies.

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.

Financials

FY 2024

Revenue

Contributions & grants$5.4M

Program service revenue$923K

Investment income$2.0M

Other revenue$152K

Total revenue$8.5M

Expenses

Grants paid—

Salaries & benefits$3.0M

Fundraising$270K

Other expenses$2.3M

Total expenses$5.3M

Total assets$80.3M

Net assets$67.1M

People

19 listed

NameRoleCompensation

JOHN JOSEPH HALE JR

PRESIDENT

Board

$435K

40 hrs/wk

PHIL FOSTER

DIRECTOR OF FINANCE

Board

$129K

40 hrs/wk

CHRIS MACALLISTER

DIRECTOR

Board

—

0.5 hrs/wk

CHUCK JONES

DIRECTOR

Board

—

0.5 hrs/wk

DOUGLAS BOLES

DIRECTOR

Board

—

0.5 hrs/wk

FRED J NATION

DIRECTOR

Board

—

0.5 hrs/wk

CONSTANCE LUND

TREASURER & DIRECTOR

Board

—

2 hrs/wk

MARLYNE SEXTON

DIRECTOR

Board

—

0.5 hrs/wk

MELISSA CAITO

DIRECTOR

Board

—

1 hrs/wk

ROBERT RAHAL

DIRECTOR

Board

—

0.5 hrs/wk

SCOTT BORCHETTA

DIRECTOR

Board

—

0.5 hrs/wk

KIRK HENDRIX

DIRECTOR

Board

—

0.5 hrs/wk

JEFFREY B SMITH

SECRETARY AND DIRECTOR

Board

—

0.5 hrs/wk

ROBERT DYSON

CHAIR AND DIRECTOR

Board

—

0.5 hrs/wk

ANGELA KRAHULIK

DIRECTOR

Board

—

0.5 hrs/wk

BLAIR HALL

DIRECTOR

Board

—

0.5 hrs/wk

KARA KOVERT PRAY

VP OF ADVANCEMENT

Staff

$128K

40 hrs/wk

MANDI BENDER

VP OF OPERATIONS

Staff

$122K

40 hrs/wk

JASON VANSICKLE

VP OF CURATION AND EDUCATION

Staff

$108K

40 hrs/wk

Independent contractors

SHIEL SEXTON COMPANY INC

CONSTRUCTION

$39.1M

INDIANAPOLIS MOTOR SPEEDWAY LLC

SHARED SERVICES

$180K

FORVIS MAZARS LLP

CONSULTING/AUDIT/ACCOUNTING SERVICES

$102K

Grants received

Showing 55 of 55

FromAmountPurposeYear

Bill Simpson Foundation Inc

$85K

General support

2024

HAMILTON COUNTY COMMUNITY FOUNDATION INC

$50K

The Stories Behind the Spectacle

2024

Central Indiana Community Foundation Inc

$25K

Museum capital

2024

AMERICAN GIFT FUND

$21K

OPERATIONS

2024

MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

$20K

UNRESTRICTED GENERAL SUPPORT

2024

NATL CHRISTIAN CHARITABLE FDN INC

$15K

MUSEUMS

2024

Nina Mason Pulliam Charitable Trust

$1K

Employee Matching Gift Program

2024

JPMORGAN CHASE FOUNDATION

$40

MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)

2024

LILLY ENDOWMENT INC

$20M

CAPITAL CAMPAIGN

2023

SEXTON CHARITABLE FOUNDATION INC

$1M

TO SUPPORT IMS MUSEUM

2023

THE DYSON FOUNDATION

$750K

TOWARDS RENOVATION OF THE MUSEUM, CREATION OF A NEW RESTORATION SHOP, AND AN ENDOWMENT.

2023

UNITED WAY OF VOLUSIA-FLAGLER

$250K

PROGRAM SUPPORT

2023

THE DYSON FOUNDATION

$250K

TOWARDS RENOVATION OF THE MUSEUM, CREATION OF A NEW RESTORATION SHOP, AND AN ENDOWMENT.

2023

PENSKE FOUNDATION INC

$250K

GENERAL

2023

Bill Simpson Foundation Inc

$170K

Indianapolis 500 Oldtimers Club and general support

2023

Hulman & Company Foundation Inc

$125K

General Operating Expenses

2023

MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

$40K

UNRESTRICTED GENERAL SUPPORT

2023

Dorsey Foundation Inc

$25K

GENERAL

2023

NICHOLAS H NOYES JR MEMORIAL

$25K

CAPITAL CAMPAIGN EDUCATION PROGRAM

2023

SHIEL SEXTON FOUNDATION INC

$13K

GENERAL FUND

2023

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$10K

For grant recipient's exempt purposes

2023

RAYMOND JAMES CHARITABLE ENDOWMENT FUND

$10K

GENERAL SUPPORT

2023

THE GEORGE & MARIE CHABOT

$10K

TO FUND CONTINUING EDUCATION PURPOSES

2023

NATIONAL PHILANTHROPIC TRUST

$10K

HUMAN SERVICES

2023

THE CORNWALL FOUNDATION M A

$5K

GENERAL FUND

2023

LILLY ENDOWMENT INC

$420

EMPLOYEE MATCHING GIFT(S)

2023

THE DYSON FOUNDATION

$100K

TOWARDS THE BOARD INSTITUTE, A PILOT PROGRAM TO CREATE A PATHWAY FOR UNDERREPRESENTED PEOPLE OF COLOR TO SERVE ON AND PROVIDE LEADERSHIP TO BOARDS OF DIRECTORS ACROSS THE HUDSON VALLEY.

2022

SEXTON CHARITABLE FOUNDATION INC

$100K

TO SUPPORT IMS MUSEUM

2022

500 Museum of Wheels Inc

$45K

GENERAL

2022

NICHOLAS H NOYES JR MEMORIAL

$35K

FEASIBILITY STUDY