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International Violin Competition of Indianapolis Inc

EIN 23-7139746 · Indianapolis, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak20 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 36% of its spending went to programs.
  • Raising each dollar of donations cost 63 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS (IVCI) RECOGNIZES, REWARDS AND PROMOTES THE WORLD'S FINEST YOUNG CLASSICAL VIOLINISTS AND ENCOURAGES UNDERSTANDING, APPRECIATION AND SUPPORT OF THE VIOLIN REPERTOIRE BY A LARGE AND DIVERSE AUDIENCE. THE IVCI UTILIZES ITS WORLD PROMINENCE TO BRING INTERNATIONAL ATTENTION TO INDIANAPOLIS, AND MAINTAINS ITS EFFORTS TO BE A VISIBLE AND COLLABORATIVE MEMBER OF THE ARTS COMMUNITIES IN INDIANAPOLIS AND INDIANA.

Income
$658,721
Spending
$919,554
Spent on programs
36%
Reserves
-0.1 months of spending
Largest source of income
donations and private grants, 93%
Employees
4
Volunteers
40
Highest pay
$201,267, executive director

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 20 out of 100. Higher than 1% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 40% of income.

  • Income trend

    0 of 15

    Income fell 30% on the year before.

  • Spending floor

    0 of 15

    36% of spending went to programs and raising each dollar of donations cost 63 cents.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 95% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    21 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $270,794 spent. THE INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS FULFILLS ITS MISSION BY SPONSORING AND PRODUCING ONE OF THE WORLD'S LEADING VIOLIN COMPETITIONS ON A QUADRENNIAL BASIS, AND EDUCATION AND PUBLIC OUTREACH PROGRAMS.
  2. $59,833 spent. THE IVCI LAUREATE SERIES FEATURES PAST PRIZE WINNERS AND GUESTS IN RECITAL AND IN CONCERT WITH AREA ENSEMBLES BRINGING THE EXCITEMENT OF THE COMPETITION BACK TO INDIANA ANNUALLY (SERVING APPROX. 2000 PEOPLE).

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending July 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 1972.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.