NonprofitsMuncie Innovation Connector Inc

Community Improvement & Capacity Building

Muncie Innovation Connector Inc

MUNCIE, IN

Total revenue

$1.0M

Total expenses

$884K

Net assets

$1.3M

Grants received

$599K

14 grants

EIN

352216589

Tax year

2024

Mission

To be east central indiana's primary sponsor bringing in technological firms.

Financials

FY 2024

Revenue

Contributions & grants$742K
Program service revenue$267K
Investment income$66
Other revenue
Total revenue$1.0M

Expenses

Grants paid
Salaries & benefits$455K
Fundraising
Other expenses$430K
Total expenses$884K
Total assets$2.7M
Net assets$1.3M

People

11 listed

NameRoleCompensation

THEODORE BAKER

EXECUTIVE DIRECTOR

Board

$177K

40 hrs/wk

JAMES BORGMANN

SECRETARY/TREASURER

Board

1 hrs/wk

KRISTEN SMITH

BOARD MEMBER

Board

1 hrs/wk

JEFF PARSON

BOARD MEMBER

Board

1 hrs/wk

RONALD FAUQUHER

CHAIRMAN OF THE BOARD

Board

1 hrs/wk

DR MATT MARVEL

BOARD MEMBER

Board

1 hrs/wk

LORRAINE TOMLIN

BOARD MEMBER

Board

1 hrs/wk

BERNISA ELLIOT

BOARD MEMBER

Board

1 hrs/wk

DONALD ENGEL

BOARD MEMBER

Board

1 hrs/wk

STEFAN ANDERSON

BOARD MEMBER

Board

1 hrs/wk

LORI ALBERT

EMPLOYEE

Staff

$127K

40 hrs/wk

Grants received

Showing 14 of 14

FromAmountPurposeYear
$25K
STRATEGIC PLANNING INITIATIVE; ASSISTANCE WITH IT - TECHNOLOGY TRANSITION FROM BALL STATE
2024
$120K
SparkIT MUNCIE & CODING CONNECTOR; STEM STRATEGIES MIDDLE GRADE MATH CAN; CAN LEADERSHIP RECOGNITION; MEETING ROOM TABLES
2023
$55K
OPERATIONAL SUPPORT & XTERN MUNCIE
2023
$25K
PROGRAM SUPPORT
2023
$60K
OPERATIONAL SUPPORT; HVAC UNIT REPLACEMENT & XTERN MUNCIE
2022
$60K
OPERATIONAL SUPPORT; HVAC UNIT REPLACEMENT & XTERN MUNCIE
2022
$59K
SparkIT MUNCIE & CODING CONNECTOR
2022
$20K
PROGRAM SUPPORT
2022
$2K
Entrepreneur Showcase Week
2022
$50K
TRANSITION TO VIRTUAL COURSES
2020
$25K
PROGRAM SUPPORT
2020
$20K
OPERATING SUPPORT
2019
$45K
EXPANSION - CODING CONNECTOR
2018

Funded by

$599K from 4 funders · 14 grants · 2018–2024

George And Frances Ball Foundation

$274K · 4 grants · 2018–2023

Ball Brothers Foundation

$200K · 4 grants · 2022–2024

The Community Foundation Of Muncie

$123K · 5 grants · 2019–2024

Details

EIN352216589
NTEE codeS31
Subsection03
Ruling date2004-06
Formed2001
Employees8
Volunteers0
MUNCIE INNOVATION CONNECTOR INC — Mission, Financials & Grants Received | Grantivo