Metropolitan Indianapolis Public Media Inc

EIN: 351147600 501(c)(3) Arts, Culture & Humanities

Indianapolis, IN

Total Revenue
$15,164,303
Total Expenses
$15,993,497
Total Assets
$21,578,298
Net Assets
$16,431,424
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
IN
Phone
3176362020
Tax Period
2023-10-01 to 2024-09-30

Metropolitan Indianapolis Public Media Inc, founded in 1970, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $15.2M in total revenue in fiscal year 2023.

Mission

Trusted journalism, inspiring stories and lifelong learning.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,199,848
Program Service Revenue $92,828
Investment Income $138,343
Other Revenue $1,733,284
TOTAL REVENUE $15,164,303

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,478,775
Fundraising Expenses $1,942,192
Program Expenses $9,571,249
Other Expenses $8,514,722
TOTAL EXPENSES $15,993,497

Year-over-Year Comparison

2023 2022 Change
Revenue $15,164,303 $15,555,705 0.0%
Expenses $15,993,497 $15,974,567 +0.0%
Net Income $-829,194 $-418,862 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
25
Independent Members
24
Employees
138
Volunteers
594

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$810,418
Total Directors
32
$274,012
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Greg Petrowich President & CEO 46.0
Officer Director
$213,071 $60,941 $274,012
Howard Schrott Vice Chair 1.0
Officer Director
$0 $0 $0
Neelay Bhatt Chair 1.0
Officer Director
$0 $0 $0
Raquel Richardson Immediate Past Chair 1.0
Officer Director
$0 $0 $0
Sue Back Treasurer 1.0
Officer Director
$0 $0 $0
Terren Magid Secretary 1.0
Officer Director
$0 $0 $0
Aaron Williams Board Member (Through Dec 2023) 1.0
Director
$0 $0 $0
Alex Mereish Board Member 1.0
Director
$0 $0 $0
Anne Sellers Board Member (Through Dec 2023) 1.0
Director
$0 $0 $0
Beth Haney Board Member 1.0
Director
$0 $0 $0
Brenda Horn Board Member 1.0
Director
$0 $0 $0
Deshong Perry-Smitherman Board Member 1.0
Director
$0 $0 $0
Fernanda Beraldi Board Member (Beginning Jan 2024) 1.0
Director
$0 $0 $0
Fred Nation Board Member (Through Dec 2023) 1.0
Director
$0 $0 $0
Glenn Keller Board Member (Beginning Jan 2024) 1.0
Director
$0 $0 $0
Irena Goloschokin Board Member (Through Dec 2023) 1.0
Director
$0 $0 $0
James Yang Board Member 1.0
Director
$0 $0 $0
Jon Owens Board Member 1.0
Director
$0 $0 $0
Judy Okenfuss Board Member 1.0
Director
$0 $0 $0
Karin Veatch Board Member 1.0
Director
$0 $0 $0
Katie Culp Board Member 1.0
Director
$0 $0 $0
LaTona Prentice Board Member (Through Dec 2023) 1.0
Director
$0 $0 $0
Rakesh Gangwani Board Member (Beginning Jan 2024) 1.0
Director
$0 $0 $0
Rebecca Kubacki Board Member 1.0
Director
$0 $0 $0
Rosie Foulke Board Member 1.0
Director
$0 $0 $0
Stefani Quarles Board Member 1.0
Director
$0 $0 $0
Tanya Stuart Overdorf Board Member (Through JAN 2023) 1.0
Director
$0 $0 $0
Theodore R Boehm Board Member (Through Dec 2023) 1.0
Director
$0 $0 $0
Tiffani Taylor Board Member 1.0
Director
$0 $0 $0
Tim Maginn Board Member 1.0
Director
$0 $0 $0
Toni Bader Board Member (Beginning Jan 2024) 1.0
Director
$0 $0 $0
Whitney Ertel Board Member 1.0
Director
$0 $0 $0
CONNIE F CAMPBELL CFO 49.0
Officer
$136,750 $25,192 $161,942
David Slade Chief Development Officer 50.0
Officer
$151,337 $6,328 $157,665
Erin Earnest Chief Content Officer 50.0
Officer
$97,155 $33,933 $131,088
Sean R Anker Chief Technology Offficer 50.0
Officer
$81,506 $4,205 $85,711
Kathryn A Knerr Account Executive 40.0
Highest
$105,497 $19,261 $124,758
Meghan M Dagon Account Executive 40.0
Highest
$104,488 $16,247 $120,735
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $15,164,303 $15,993,497 $21,578,298 $-829,194
2023 $15,555,705 $15,974,567 $23,131,807 $-418,862
2022 $18,488,530 $14,637,128 $23,358,184 $3,851,402
2021 $16,233,576 $13,397,264 $17,731,551 $2,836,312
2020 $12,290,882 $12,863,018 $14,658,479 $-572,136
2019 $12,428,374 $12,635,192 $14,302,280 $-206,818
2018 $12,186,539 $12,203,517 $14,594,075 $-16,978
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