Indy Convergence Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROVIDE SPACE AND MATERIALS FOR ARTISTS AND THE COMMUNITY.
- Income
- $382,533
- Spending
- $294,418
- Spent on programs
- 99%
- Reserves
- 2.2 months of spending
- Largest source of income
- donations and private grants, 62%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $45,710, producing artistic director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 35% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.2 months of spending.
Debt
10 of 20It owes 50% of what it owns.
Living within its means
15 of 15Income exceeded spending by 23% of income.
Income trend
15 of 15Income rose 104% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 86 out of 100. Higher than 73% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed 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 June 30, 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 (3)
- $291,218 spent. GENERAL- INDY CONVERGENCE PROVIDES PROFESSIONAL DEVELOPMENT AND TANGIBLE SUPPORT TO BOTH ARTISTS AND COMMUNITY GROUPS IN INDIANAPOLIS TO BRING ARTISTIC PROJECT TO LIFE. THIS FALLS IN LINE WITH THE ORGANIZATION'S PLEDGE TO COME ALONGSIDE OUR NEIGHBORS AND ART PARTNERS THROUGH PEOPLE-CENTEREDPROGRAMMING AND CELEBRATE OUR WORK TOGETHER WITH OUR PARTNERS ANDCOMMUNITY.
- A RISING TIDE/COMMUNITY PROGRAMS: THIS PROGRAM HOLDS OUR A RISING TIDE FESTIVAL THAT HOSTS MOBILE, NONINVASIVE ARTS PROGRAMMING ALONG THE SHORES OF THE WHITE RIVER BETWEEN 16TH ST AND NEW YORK ST IN INDIANAPOLIS, IN. THE FESTIVAL HOSTS EVENTS ON TWO STAGES PAIRED WITH COMMUNITY EVENTS SUCH AS BILINGUAL NATURE HIKES THAT ENCOURAGE RESIDENTS TO ENJOY THE WHITE RIVER, UNDERSTAND THE ECOLOGICAL IMPORTANCE OF OUR CITY'S MOST VITAL WATERWAY. THESE COMMUNITY, OUTDOOR PROGRAMS ALSO PARTNER WITH LOCAL AND REGIONAL COMMUNITY GROUPS, OTHER NONPROFITS, AND VOLUNTEERS TO LEVERAGE RESOURCES THAT SUPPORT OUR COLLECTIVE WORK ALONG THE RIVER.
- ARTIST RESIDENCY AND COLLABORATIONS: THIS PROGRAM ENCAPSULATES OUR ARTIST-CENTERED PROGRAMMING THAT INCLUDES PRESENTING ARTISTS AT EVENTS, PROVIDING SPACE FOR ARTISTS TO COLLABORATE, AND CONNECTING ARTISTS FROM OUR RESIDENCY PROGRAMS TO FOSTER ONGOING, COLLABORATIVE OPPORTUNITIES.
Source: Form 990 for the year ending June 30, 2025, 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 September 7, 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 September 30, 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 September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 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.