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Filing year 2024

INDY INNOVATION CHALLENGE INC

Indianapolis, Indiana·EIN 88-1138295·NTEE N03 · Recreation & Sports·501(c)(6)
Total revenue
$6.1M
Total assets
$691k
Total expenses
$6.8M
Reported officers
3
Mission

BROADLY COLLABORATIVE EFFORT THAT BRINGS TOGETHER PUBLIC-PRIVATE PARTNERSHIPS AND ACADEMIC INSTITUTIONS TO CHALLENGE UNIVERSITY STUDENTS AROUND THE WORLD TO IMAGINE, INVENT AND PROVE A NEW GENERATION OF AUTOMATED VEHICLE SOFTWARE TO RUN FULLY AUTONOMOUS RACECARS AND INSPIRE THE NEXT GENERATION OF STEM TALENT.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations in Indiana.

President/ce
75th to 90th percentile
$150k
$161k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INDY INNOVATION CHALLENGE INC equaled 2% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2024)
2%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Climbed 140%
over 2 years

From $63k in 2022 to $150k in 2024.

$63k
2022
$113k
2023
$150k
2024
In today's dollarsEst.
Up 125% in real terms$72k to $161k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 140% from 2022 to 2024, while revenue fell 37%.

$63k in 2022 to $150k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INDY INNOVATION CHALLENGE INC

What does the Chief Executive Officer of INDY INNOVATION CHALLENGE INC earn?

In 2024, the Chief Executive Officer of INDY INNOVATION CHALLENGE INC received $150,000 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Recreation & Sports organizations in Indiana, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INDY INNOVATION CHALLENGE INC compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations in Indiana, the 2024 pay of the Chief Executive Officer at INDY INNOVATION CHALLENGE INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at INDY INNOVATION CHALLENGE INC equaled 2% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are INDY INNOVATION CHALLENGE INC's revenue and expenses?

In 2024, INDY INNOVATION CHALLENGE INC reported $6.1M in total revenue and $6.8M in total expenses on its IRS Form 990.

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