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Cicp Foundation

Indianapolis, IN · EIN 35-2065457 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Cicp Foundation reported $26.9 million in revenue and $26.2 million in expenses for calendar year 2025. Of every $100 it spent, $87.27 went to program services, $11.19 to management and general costs and $1.54 to fundraising. Its largest source of revenue was contributions and grants: 92.6% of the total. Government grants made up 5.4%. The highest compensation it reported for one person was $782,007 (CEO, CICP). Revenue rose 4% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $26M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $27M

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

2025 filing. Median across 479 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
87.3%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
11.2%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
1.5%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
92.6%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
5.4%14.9%
Program service revenue share
Part VIII 2g ÷ 12
0.0%11.9%
Highest reported compensation
Part VII-A, columns D–F
$782,007$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.99%1.49%
People paid over $100,000
Part VII, line 2
05
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.89.2
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

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

2025 · Form 990, Part III · the three largest programs by expense
$5.3M expenses · 23.1% of program spending · grants $627K

Ascend indiana is a talent and workforce development initiative committed to making indiana a place of economic opportunity for all. Visit www.ascendindiana.com.in 2025, ascend indiana strengthened its role as a statewide workforce intermediary by enhancing leadership, expanding technology, delivering practical work-based learning (wbl) tools and advancing a scalable intermediary strategy aligned with indiana's economic priorities.ascend launched several research projects in 2025 to provide a shared understanding of how talent needs are changing and what it will take to prepare for the…

$3.6M expenses · 15.8% of program spending · grants $2.7M

Analytixin is a strategic initiative of cicp established to develop a digital community, including a place-focused collaboration hub in indianapolis that will strengthen connections and encourage engagement of academic data science research and development talent with their industry peers to drive sustained innovation within indiana. The emphasis is on life sciences and manufacturing two of indiana's most important and prolific economic drivers. Cicp serves as project lead, with significant and critical participation from indiana university, purdue university, and the university of notre…

$2.9M expenses · 12.9% of program spending · grants $1.2M

Conexus indiana has been positioning the hoosier state as the best place for advanced manufacturing and logistics industries to innovate, invest, employ and succeed for more than a decade. Conexus collaborates with industry, academic and public sector partners on a shared vision for an innovative, skilled workforce and stronger business climate. Conexus indiana's charitable and educational activities are funded through Cicp Foundation. Visit www.conexusindiana.com. Conexus indiana began developing a new digital educational content hub designed to translate industry research and industry…

$11M all other programs (line 4d)

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO, CICP
Officer, 20.00 hrs/week
$0$704,623$77,384$782,007
PRESIDENT AND CFO, CICP
Officer, 16.00 hrs/week
$0$509,437$70,511$579,948

0 people received more than $100,000 in reportable compensation from Cicp Foundation (Part VII, line 2).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M2019202020212022202320242025$27M$26M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$27M$26M87.3%$8.2M$782,007
2024 ⓘ$30M$29M88.3%$7.5M$765,873
2023 ⓘ$34M$33M89.7%$6.5M$680,522
2022 ⓘ$22M$22M86.8%$4.9M$819,749
2021 ⓘ$40M$39M93.9%$4.3M$792,668
2020 (amended) ⓘ$41M$23M90.1%$58M$745,123
2019 ⓘ$26M$17M89.7%$41M$710,352

Governance answers, as filed

2025 · 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–1b9 · 9 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 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 50
  • Volunteers Part I, line 660

Largest outside contractors

2025 · Form 990, Part VII, Section B · businesses only
PLAID AGENCY LLC
Ascend, bio, conexus website enhancement
$683,918
LEAF SOFTWARE SOLUTIONS INC
Ascend talent network development
$555,015
GUIDESOFT INC DBA KNOWLEDGE SERVICES
Ascend talent network development
$356,476
ARROWPOINT LABS LLC
Adv chem & agrinovus econ impact analysi
$277,100
VOX GLOBAL LLC
See yourself in campaign
$190,546

Individuals listed as contractors are left out. 11 contractors were paid more than $100,000 in all.

Private foundation grants it received

8 private foundations reported grants to Cicp Foundation totaling $7.7M 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 Cicp Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cicp Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Indiana

Questions people ask

How much of Cicp Foundation's spending goes to programs?

In calendar year 2025, Cicp Foundation reported that 87.3% of its $26.2 million in expenses went to program services, 11.2% to management and general and 1.5% to fundraising (Form 990, Part IX).

How much does Cicp Foundation pay its top executive?

The largest total compensation Cicp Foundation reported for one person in calendar year 2025 was $782,007, for the role of CEO, CICP (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Cicp Foundation get its money?

Of $26.9 million in revenue in calendar year 2025, 92.6% came from contributions and grants (including 5.4% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Cicp Foundation a registered charity?

The IRS lists EIN 35-2065457 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202612659349301211 · read the filing
  • 2024: Form 990 for calendar year 2024, object 202522729349301387 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202402769349301145 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202312779349300126 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233189349315988 · read the filing
  • 2020: Form 990 for calendar year 2020 (amended), object 202321319349305617 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033079349300033 · read the filing

All filings for EIN 35-2065457: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.