Indiana State Library Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SUPPORT ENHANCEMENT AND PROMOTION OF ACTIVITIES OF THE INDIANA STATE LIBRARY, THEIR PROGRAMS AND COLLECTIONS, AND TO AID IN THE DEVELOPMENT OF PROGRAMS BENEFITTING INDIVIDUALS AND LIBRARIES THROUGHOUT THE STATE. THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, SCIENTIFIC PURPOSES.
- Income
- $300,709
- Spending
- $224,606
- Spent on programs
- 79%
- Reserves
- 2.6 months of spending
- Largest source of income
- donations and private grants, 73%
- Employees
- 0
- Volunteers
- 4
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 45% of charities in its peer group (education, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.6 months of spending.
Debt
20 of 20It owes 10% of what it owns.
Living within its means
15 of 15Income exceeded spending by 25% of income.
Income trend
15 of 15Income rose 15% on the year before.
Spending floor
15 of 1579% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 66 out of 100. Higher than 46% of charities in its peer group (education, $250k to $1m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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 (5)
- $38,228 spent. THE INDIANA STATE LIBRARY FOUNDATION SUPPORTS THE VISUALLY IMPAIRED SERVICES OF THE INDIANA STATE LIBRARY BY FUNDING THE ADDITION OF LARGE PRINT VERSIONS OF BOOKS AS WELL AS THE TALKING BOOK AND BRAILLE LIBRARY. THE INDIANA TALKING BOOK AND BRAILLE LIBRARY (TBBL) PROVIDES FREE LIBRARY SERVICE TO RESIDENTS OF INDIANA WHO CAN NOT USE STANDARD PRINTED MATERIALS DUE TO A VISUAL OR PHYSICAL DISABILITY.
- $11,212 spent. THE GENEALOGY COLLECTION HAS DEVELOPED OVER TIME TO BECOME ONE OF THE LARGEST COLLECTIONS OF FAMILY HISTORY INFORMATION IN THE MIDWEST. THE COLLECTION INCLUDES MORE THAN 40,000 PRINT ITEMS (FAMILY HISTORIES, INDEXES TO RECORDS, HOW-TO-BOOKS,CEMETERY TRANSCRIPTIONS, FAMILY HISTORY MAGAZINES, AND MORE), AS WELL AS MILITARY PENSION INFORMATION. THE EMPHASIS OF THE COLLECTION IS ON INDIANA AND BORDERING STATES, AS WELL AS EASTERN AND SOUTHERN STATES. IN ADDITION, THE INDIANA STATE LIBRARY FOUNDATION ENABLES THE INDIANA STATE LIBRARY TO HOST WORKSHOPS, TOURS, AND ONE-ON-ONE HISTORY CONSULTATIONS.
- $27,703 spent. THE INDIANA STATE LIBRARY FOUNDATION PROVIDES SUPPORT IN THE PURCHASE OF MATERIALS AND EQUIPMENT VITAL TO THE CONTINUED PRESERVATION OF INVALUABLE BOOKS, MAPS, AND REFERENCE MATERIAL, ALONG WITH MAKING ACCESSIBLE, THE HISTORY OF INDIANA TO ALL RESIDENTS.
- $100,980 spent. INDIPRESS AND A LITERARY COMPOSITION COLLECTION (LETTERS ABOUT LITERATURE) ARE OTHER FUNCTIONS THAT FURTHER THE TAX EXEMPT PURPOSE OF THE FOUNDATION.
- INDIPRESS AND A LITERARY COMPOSITION COLLECTION (LETTERS ABOUT LITERATURE) ARE OTHER FUNCTIONS THAT FURTHER THE TAX EXEMPT PURPOSE OF THE FOUNDATION.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 October 13, 2026.
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 October 13, 2026.
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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2013.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 21, 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.