Indiana Math & Science Academy North Indianapolis
Indiana Math & Science Academy North Indianapolis reported $10.1 million in revenue and $10.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $76.19 went to program services, $23.81 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 96.9% of the total. Government grants made up 93.5%. The highest compensation it reported for one person was $105,457 (PRINCIPAL). Revenue rose 43% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $10MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 76.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 96.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 93.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $105,457 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.04% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 8 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseOur school offered an academic program aimed at providing a comprehensive and nurturing educational environment for students in kindergarten through 12th grade and to foster academic excellence, personal growth, and social development. Through a rigorous curriculum, dedicated educators, and a supportive community, we strive to equip students with essential knowledge, critical thinking skills, and values that will prepare them for success in higher education and in life.clients served: 680 students in grades k-12.duration: provided throughout the academic year, consisting of 30-week…
Summer enrichment program:objective: our school offered an academic enrichment program aimed at improving students' core skills in math and language arts.clients served: approximately 150 students, parents, and community members.duration: during summer break, from june to mid july.activities: conducted daily math and ela lessons, tutoring sessions, and interactive learning activities
Steam extracurricular program:objective: offered a science, technology, engineering, arts, and math (steam) program to promote hands-on learning and creativity.clients served: 680 students in grades k-12.duration: two semesters.activities: conducted weekly steam lessons, including robotics, coding, and art projects, resulting in a 20% increase in student interest in steam-related subjects
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRINCIPAL Officer, 40.00 hrs/week | $94,736 | $0 | $10,721 | $105,457 |
0 people received more than $100,000 in reportable compensation from Indiana Math & Science Academy North Indianapolis (Part VII, line 2). Compensation of current officers, directors and key employees totaled $127K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5121
- Volunteers Part I, line 625
Correct a figure or respond
Every number above is copied from Indiana Math & Science Academy North Indianapolis's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Indiana Math & Science Academy North Indianapolis, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Indiana Math & Science Academy North Indianapolis spent in FY2025, $76.19 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Gregory SchoolTucson, AZ · revenue $10M · programs 72.6% · FY2025
- Pluralistic SchoolSanta Monica, CA · revenue $10M · programs 75.0% · FY2025
- Gateway Preparatory AcademyEnoch, UT · revenue $10M · programs 93.3% · FY2025
- Neuse Charter School of Johnston CountySmithfield, NC · revenue $10M · programs 79.4% · FY2025
- College Park AcademyRiverdale Park, MD · revenue $10M · programs 89.5% · FY2025
Questions people ask
How much of Indiana Math & Science Academy North Indianapolis's spending goes to programs?
In the fiscal year ending June 30, 2025, Indiana Math & Science Academy North Indianapolis reported that 76.2% of its $10.1 million in expenses went to program services, 23.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Indiana Math & Science Academy North Indianapolis pay its top executive?
The largest total compensation Indiana Math & Science Academy North Indianapolis reported for one person in the fiscal year ending June 30, 2025 was $105,457, for the role of PRINCIPAL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Indiana Math & Science Academy North Indianapolis get its money?
Of $10.1 million in revenue in the fiscal year ending June 30, 2025, 96.9% came from contributions and grants (including 93.5% from government grants) and 0.3% from program service revenue (Form 990, Part VIII).
Is Indiana Math & Science Academy North Indianapolis a registered charity?
The IRS lists EIN 27-2184783 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202630759349300998 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520569349300912 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421229349302122 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320559349300027 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200619349300710 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101279349302750 · read the filing
All filings for EIN 27-2184783: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.