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Indiana Symphony Society

Indianapolis, IN · EIN 35-0998627 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

Indiana Symphony Society reported $31.9 million in revenue and $27.7 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $84.47 went to program services, $9.53 to management and general costs and $6.00 to fundraising. Its largest source of revenue was contributions and grants: 70.1% of the total. The highest compensation it reported for one person was $303,907 (Pops Conductor). 19 people received more than $100,000 in reportable compensation. Revenue rose 67% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $28M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $32M

Other revenue was negative: −$2,157. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.5%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
9.5%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
6.0%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
70.1%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%1.7%
Program service revenue share
Part VIII 2g ÷ 12
29.8%20.8%
Highest reported compensation
Part VII-A, columns D–F
$303,907$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.10%2.03%
People paid over $100,000
Part VII, line 2
198
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.236.6
Independent voting board members
Part VI 1a–1b
31 of 31100.0%

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 expense
$23M expenses · 100.0% of program spending · revenue $10M

The indianapolis symphony orchestra is the largest performing arts organization in the state of indiana, performing a year-round schedule of concerts and education programs. Each season, the indianapolis symphony orchestra presents a wide repertoire of orchestral music, including commissions of new music, both classical and pops. Concerts include programs of classical music, symphonic pops performances, family oriented programs, holiday programs, uncharted, the outdoor summer series and many more. The indianapolis symphony orchestra is dedicated to leading the field in music education.…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Pops Conductor
Key employee, 37.5 hrs/week
$291,225$0$12,682$303,907
CEO
Officer, 37.5 hrs/week
$258,116$0$36,300$294,416
Concertmaster
Highest compensated employee, 37.5 hrs/week
$269,325$0$23,207$292,532
Stage Manager
Highest compensated employee, 37.5 hrs/week
$139,102$0$33,776$172,878
VP of Artistic
Highest compensated employee, 37.5 hrs/week
$151,652$0$16,917$168,569
CFO
Officer, 37.5 hrs/week
$151,932$0$15,881$167,813
VP of Development
Highest compensated employee, 37.5 hrs/week
$157,343$0$6,037$163,380
Orchestra Personnel Manager and Musician
Highest compensated employee, 37.5 hrs/week
$134,941$0$17,602$152,543

19 people received more than $100,000 in reportable compensation from Indiana Symphony Society (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$32M$28M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$32M$28M84.5%$5.1M$303,907
FY2024 ⓘ$23M$28M84.2%$408K$309,173
FY2023 ⓘ$23M$25M83.6%$3.2M$294,196
FY2022 ⓘ$23M$24M86.2%$4.3M$249,714
FY2021 ⓘ$27M$9.3M67.9%$5.8M$237,531
FY2020 ⓘ$19M$19M81.7%−$11M$546,028

Governance 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–1b31 · 31 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • 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 5527
  • Volunteers Part I, line 6127

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Printing Partners Inc
Printing Services
$315,511
Sim2k
IT Services
$140,445
Mid-America Sound Corporation
Audio and Lighting Services
$139,562
Indianapolis Ballet Inc
Artist Fee
$123,000

Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.

Private foundation grants it received

5 private foundations reported grants to Indiana Symphony Society totaling $2.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Indiana Symphony Society'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 Symphony Society, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in Indiana

Questions people ask

How much of Indiana Symphony Society's spending goes to programs?

In the fiscal year ending August 31, 2025, Indiana Symphony Society reported that 84.5% of its $27.7 million in expenses went to program services, 9.5% to management and general and 6.0% to fundraising (Form 990, Part IX).

How much does Indiana Symphony Society pay its top executive?

The largest total compensation Indiana Symphony Society reported for one person in the fiscal year ending August 31, 2025 was $303,907, for the role of Pops Conductor (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Indiana Symphony Society get its money?

Of $31.9 million in revenue in the fiscal year ending August 31, 2025, 70.1% came from contributions and grants (including 0.2% from government grants) and 29.8% from program service revenue (Form 990, Part VIII).

Is Indiana Symphony Society a registered charity?

The IRS lists EIN 35-0998627 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 August 31, 2025, object 202611949349300726 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202521619349300517 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202421979349301212 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202301989349302660 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202211809349301751 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202131479349300603 · read the filing

All filings for EIN 35-0998627: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.