Program areas at Indianapolis Motor Speedway
The Indianapolis Motor Speedway Foundation, Inc. Manages a museum, its collection and public programs. The museum's collection consists of historically and culturally significant items that include vehicles, race cars, racing artifacts, artwork, and publications. The museum offers a combination of rotating and permanent exhibits that focus on the history and impact of the Indianapolis Motor Speedway, indycar racing, and motorsports. In addition, the museum offers unique tours of the Speedway track and facilities. Educational and information programming for the public ranging from students on a field trip to lifelong learning opportunities, is at the heart of the work of the museum. The museum also conducts a school day program each may for five practice days for the Indianapolis 500 mile race. Over 8,000 students participated in 2022.
The distinguished speaker series and fuel up fridays inform, educate and entertain racing enthusiasts through story-telling by and discussions with iconic racing personalities. Engaging an audience of 560 and 235 respectively for each event.
Restoration to preserve educate and celebrate racing history through items that are on display or participate in racing ceremonies ceremonies
Grants made by Indianapolis Motor Speedway
Who funds Indianapolis Motor Speedway
Grants from foundations and other nonprofits
Personnel at Indianapolis Motor Speedway
| Name | Title | Compensation | Date of data |
|---|
| Mandi Bender | Vice President of Operations | | 2024-09-21 |
| Kara Kovert Pray | Vice President of Marketing and Communications | $102,300 | 2023-07-11 |
| Kara Kovert Pray | Vice President of Advancement | | 2024-09-21 |
| Jason Vansickle | Vice President of Curation and Education | | 2024-09-21 |
| Phil Foster | Director of Finance | | 2024-09-21 |
| ...and 19 more key personnel |
Financials for Indianapolis Motor Speedway
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $13,431,007 | $3,247,884 | 313.5% |
| Program services | $3,280,801 | $2,185,458 | 50.1% |
| Investment income and dividends | $309,046 | $254,755 | 21.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $1,308 | $5,595 | -76.6% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-721,053 | $22,033 | -3372.6% |
| Net income from fundraising events | $-28,943 | $0 | -999% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $40,503 | $28,516 | 42% |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $16,312,669 | $5,744,241 | 184% |
Organizations like Indianapolis Motor Speedway
| Organization | Type | Location | Revenue |
|---|
| Carnegie Museums of Pittsburgh | 501(c)(3) | Pittsburgh, PA | $81,329,411 |
| Petersen Automotive Museum Foundation | 501(c)(3) | Los Angeles, CA | $25,097,609 |
| The Jewish Museum | 501(c)(3) | New York, NY | $22,492,569 |
| Chesapeake Bay Maritime Museum | 501(c)(3) | Saint Michaels, MD | $5,635,526 |
| Guild Hall of East Hampton | 501(c)(3) | East Hampton, NY | $7,346,391 |
| Milwaukee Public Museum (MPM) | 501(c)(3) | Milwaukee, WI | $13,067,827 |
| National Mississippi River Museum & Aquarium and National Rivers Hall of Fame | 501(c)(3) | Dubuque, IA | $6,756,279 |
| The Heard Museum | 501(c)(3) | Phoenix, AZ | $10,832,510 |
| Vizcaya Museum and Gardens Trust | 501(c)(3) | Miami, FL | $21,650,771 |
| Museum of the Bible | 501(c)(3) | Oklahoma City, OK | $62,675,127 |
Data update history
September 21, 2024
Updated personnel
Identified 4 new personnel
July 20, 2024
Received grants
Identified 7 new grant, including a grant for $20,000,000 from Lilly Endowment January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Received grants
Identified 2 new grant, including a grant for $100,000 from Dyson Foundation Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
Fundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportGala fundraisersTax deductible donationsAccepts online donations
General information
- Address
- 4750 W 16th St
- Indianapolis, IN 46222
- Metro area
- Indianapolis-Carmel-Anderson, IN
- County
- Marion County, IN
- Website URL
- imsmuseum.org/Â
- Phone
- (317) 492-8500
- Facebook page
- IndianapolisMotorSpeedwayÂ
- Twitter profile
- @imsÂ
IRS details
- EIN
- 35-6013771
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1957
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- A50: Museums
- NAICS code, primary
- 7121: Museums, Historical Sites, and Similar Institutions
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current - Awaiting Reporting
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0260654
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2024-10-16
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