Nonprofit · EIN 35-0411770
INDIANA FISCAL POLICY INSTITUTE INC
Tax-exempt · INDIANAPOLIS, IN 46220
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $214,302 | $179,577 | $34,725 | $45,976 | $1,650 | $44,326 |
| June 30, 2024 | 990 | $157,725 | $188,743 | -$31,018 | $10,226 | $625 | $9,601 |
| June 30, 2023 | 990 | $103,334 | $92,910 | $10,424 | $45,727 | $5,108 | $40,619 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $141,410
- Membership dues
- $106,910
- Program service revenue
- $72,890
- Investment income
- $2
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $119,552
- Salaries, compensation and benefits (total)
- $119,552
- Professional fundraising fees
- $0
- Accounting fees
- $13,043
- Program services (functional)
- $137,684
- Management and general (functional)
- $36,191
- Fundraising (functional)
- $5,702
Balance sheet and other
- Total assets, start of year
- $10,226
- Total assets, end of year
- $45,976
- Total liabilities, end of year
- $1,650
- Net assets, end of year
- $44,326
- Net assets without donor restrictions
- $44,326
- Gross receipts
- $214,302
- Employees
- 0
- Volunteers
- 28
- Year formed
- 1987
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE WELLS | PRESIDENT Officer | 40 | $119,552 |
| DAVID BOTTORFF | CHAIR Trustee or director, Officer | 1 | $0 |
| SUSAN BROCK WILLIAMS | TREASURER Trustee or director, Officer | 1 | $0 |
| MARK FISHER | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ANDREW MILLER | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 |
| TORY CASTOR | SECRETARY Trustee or director, Officer | 1 | $0 |
| TONY HAHN | BOARD MEMBER Trustee or director | 1 | $0 |
| ALECIA NAFZIGER | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE ROEDER | BOARD MEMBER Trustee or director | 1 | $0 |
| MATTHEW GRELLER | BOARD MEMBER Trustee or director | 1 | $0 |
| KATRINA HALL | BOARD MEMBER Trustee or director | 1 | $0 |
| COURTNEY ARANGO | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE LOFTUS | BOARD MEMBER Trustee or director | 1 | $0 |
| LAURA BROWN | BOARD MEMBER Trustee or director | 1 | $0 |
| DOMINICK CHASE | BOARD MEMBER Trustee or director | 1 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RYAN HEATER | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN HAMMOND III | BOARD MEMBER Trustee or director | 1 | $0 |
| ZACH SMITH HOWARD | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS PRYOR | BOARD MEMBER Trustee or director | 1 | $0 |
| DANIELLE MCGRATH | BOARD MEMBER Trustee or director | 1 | $0 |
| DIANN MCKEE | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK RICHARDS | BOARD MEMBER Trustee or director | 1 | $0 |
| ROB HENDERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| CATHY DUBOIS | BOARD MEMBER Trustee or director | 1 | $0 |
| GRETCHEN GUTMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| TAYLOR HUGHES | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN SUFAN | BOARD MEMBER Trustee or director | 1 | $0 |
| TRENA ROUDEBUSH | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSEPH SUTHERLAND | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 27 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE WELLS | PRESIDENT Officer | 40 | $98,864 |
| DAVID BOTTORFF | CHAIR Trustee or director, Officer | 1 | $0 |
| SUSAN BROCK WILLIAMS | TREASURER Trustee or director, Officer | 1 | $0 |
| MARK FISHER | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ANDREW MILLER | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 |
| TORY CASTOR | SECRETARY Trustee or director, Officer | 1 | $0 |
| TONY HAHN | BOARD MEMBER Trustee or director | 1 | $0 |
| ALECIA NAFZIGER | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE ROEDER | BOARD MEMBER Trustee or director | 1 | $0 |
| MATTHEW GRELLER | BOARD MEMBER Trustee or director | 1 | $0 |
| KATRINA HALL | BOARD MEMBER Trustee or director | 1 | $0 |
| COURTNEY ARANGO | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE LOFTUS | BOARD MEMBER Trustee or director | 1 | $0 |
| LAURA BROWN | BOARD MEMBER Trustee or director | 1 | $0 |
| DOMINICK CHASE | BOARD MEMBER Trustee or director | 1 | $0 |
| BENNETT FUSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN HAMMOND III | BOARD MEMBER Trustee or director | 1 | $0 |
| ZACH SMITH HOWARD | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS PRYOR | BOARD MEMBER Trustee or director | 1 | $0 |
| DANIELLE MCGRATH | BOARD MEMBER Trustee or director | 1 | $0 |
| DIANN MCKEE | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK RICHARDS | BOARD MEMBER Trustee or director | 1 | $0 |
| ROB HENDERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| CATHY DUBOIS | BOARD MEMBER Trustee or director | 1 | $0 |
| GRETCHEN GUTMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| TAYLOR HUGHES | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN SUFAN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE WELLS | PRESIDENT Officer | 40 | $58,000 |
| BRIAN DAVEY | VICE CHAIR/CHAIR ELECT Trustee or director, Officer | 1 | $0 |
| BRIAN TABOR | TREASURER Trustee or director, Officer | 1 | $0 |
| GRETCHEN GUTMAN | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 |
| ANDREW MILLER | CHAIR Trustee or director, Officer | 1 | $0 |
| KATRINA HALL | BOARD MEMBER Trustee or director | 1 | $0 |
| TONY HAHN | BOARD MEMBER Trustee or director | 1 | $0 |
| ALECIA NAFZIGER | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE ROEDER | BOARD MEMBER Trustee or director | 1 | $0 |
| MATTHEW GRELLER | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK FISHER | BOARD MEMBER Trustee or director | 1 | $0 |
| KARL BERRON | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE LOFTUS | BOARD MEMBER Trustee or director | 1 | $0 |
| TORY CASTOR | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID BOTTORFF | BOARD MEMBER Trustee or director | 1 | $0 |
| BENNETT FUSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN HAMMOND | BOARD MEMBER Trustee or director | 1 | $0 |
| ZACH SMITH HOWARD | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS PRYOR | BOARD MEMBER Trustee or director | 1 | $0 |
| DANIELLE MCGRATH | BOARD MEMBER Trustee or director | 1 | $0 |
| DIANN MCKEE | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK RICHARDS | BOARD MEMBER Trustee or director | 1 | $0 |
| ROB HENDERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| ADAM BURTNER | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6151 CENTRAL AVE, INDIANAPOLIS, IN 46220-1838
- In care of
- % JOHN KETZENBERGER
- Principal officer (990 for 2024)
- STEPHANIE WELLS, 6151 CENTRAL AVENUE, INDIANAPOLIS, IN 46220
- Signed the 990
- STEPHANIE WELLS, PRESIDENT
- Phone
- (317) 514-3184
- Website
- WWW.INDIANAFISCAL.ORG
- Return prepared by
- BLUE & CO LLC
Mission
TO ENHANCE THE EFFECTIVENESS AND ACCOUNTABILITY OF STATE AND LOCAL GOVERNMENT THROUGH EDUCATION OF: PUBLIC SECTOR, BUSINESS AND LABOR LEADERS ON SIGNIFICANT FISCAL POLICY ISSUES AND THE CONSEQUENCES OF STATE AND LOCAL DECISIONS.
Program accomplishments
- THE INDIANA FISCAL POLICY INSTITUTE (IFPI) IS INDIANA'S ONLY INDEPENDENT, STATEWIDE SOURCE OF ONGOING RESEARCH AND ANALYSIS INTO STATE AND LOCAL TAXING AND SPENDING POLICIES. THE IFPI IS PRIVATELY SUPPORTED BY A VARIETY OF ORGANIZATIONS, BUSINESSES, ASSOCIATIONS, AND INDIVIDUALS IN INDIANA AND SURROUNDING STATES. IFPI'S MISSION IS TO ENHANCE THE EFFECTIVENESS AND ACCOUNTABILITY OF STATE AND LOCAL GOVERNMENT THROUGH THE EDUCATION OF POLICYMAKERS, THE PRIVATE SECTOR AND PUBLIC-AT-LARGE ON CRITICAL FISCAL ISSUES AND THE LONGER-TERM CONSEQUENCES OF POLICIES ADDRESSING THEM. IFPI DOES NOT LOBBY, SUPPORT, OR OPPOSE CANDIDATES FOR PUBLIC OFFICE, INSTEAD RELYING ON OBJECTIVE RESEARCH FOR ASSESSING AND INFLUENCING SOUND FISCAL STRATEGIES.IFPI HAS ADVANCED THIS MISSION BY PROVIDING ONGOING ANALYSIS AND COMMENTARY ON THE FISCAL IMPACT AND IMPLICATIONS OF DEVELOPMENTS AT THE INDIANA GENERAL ASSEMBLY, COMMUNICATING DIRECTLY WITH ITS PARTNERS, STAKEHOLDERS AND ELECTED OFFICIALS, AS WELL AS WORKING THROUGH THE MEDIA (PROVIDING INTERVIEWS, SUBMITTING COMMENTARIES AND OBSERVATIONS ON ISSUES OF NOTE), AND GIVING PRESENTATIONS TO BUSINESS, CIVIC AND ECONOMIC DEVELOPMENT GROUPS ACROSS THE STATE OF INDIANA.Expenses $137,684 · revenue $72,890
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 35-0411770
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W22Z)
- Assets (IRS master file)
- $45,976
- Income (IRS master file)
- $214,302
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $214,302 | $179,577 | $45,976 | XML |
| 990 | June 2024 | $157,725 | $188,743 | $10,226 | XML |
| 990 | June 2023 | $103,334 | $92,910 | $45,727 | XML |
| 990 | June 2022 | $67,341 | $108,485 | $30,745 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-0411770).
Questions about INDIANA FISCAL POLICY INSTITUTE INC
- What is the EIN of INDIANA FISCAL POLICY INSTITUTE INC?
- The employer identification number (EIN) of INDIANA FISCAL POLICY INSTITUTE INC is 35-0411770.
- Is INDIANA FISCAL POLICY INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to INDIANA FISCAL POLICY INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDIANA FISCAL POLICY INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDIANA FISCAL POLICY INSTITUTE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDIANA FISCAL POLICY INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INDIANA FISCAL POLICY INSTITUTE INC?
- The 990 for the year ended June 30, 2025 names STEPHANIE WELLS.
- Who are the officers and directors of INDIANA FISCAL POLICY INSTITUTE INC?
- The 990 for the year ended June 30, 2025 lists 29 people; 1 received compensation from the organization, the highest $119,552 (STEPHANIE WELLS, PRESIDENT).
- How much revenue does INDIANA FISCAL POLICY INSTITUTE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $214,302, expenses of $179,577 and total assets of $45,976 at year end.
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