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Independent Colleges of Indiana INC

Public charity990-T FY2023
DBA: % KEVIN WATSON
Other · INDIANAPOLIS, IN · EIN 31-0901001

About

Organization's mission: the independent colleges of indiana (ICI) develops and enhances the competitive standing of its 29 member independent, nonprofit, regionally-accredited, degree-granting colleges and universities and strives to assure opportunity and choice in higher education for ALL students. The main purposes and activities of ICI are: *to assist member institutions with information, staff expertise and other appropriate resources, including the administration of grants for the collective benefit of member colleges; *to provide collective information about independent higher education in indiana to public and private bodies as appropriate; *to represent the interests of the independent college sector to the media, the general public and other audiences; *to negotiate or provide a variety of collective services for member institutions in an effort to realize efficiencies of scale to reduce costs; *to collect, analyze, interpret, and provide basic information about the member CO

In care of Kevin Watson

Donations are tax-deductible
Category
Other
Employees
14
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$25.8M
Expenses
$23.7M
Assets
$93.0M
Liabilities
$707K

Financial history

$25.8M$12.9M$0
1617181920212223
RevenueExpenses
Latest FY2023: $25.8M · Avg: $24.1M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$61K
Grants Given
$366K
INDEPENDENT COLLEGES OF INDIANA INC
Your actions

Address

601 South Meridian Street Suite 2A
Indianapolis, IN, 46225-120

Governance

Voting board members42
Independent members41
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %65.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.