BATTERY INNOVATION CENTER INC

NEWBERRY, IN, 47449-7128 (812) 863-2424 Est. 2011 EIN 45-4110850
S30 - Economic Development 990 - Public charity return 501(c)(6)
bicindiana.com

Mission

TO ENHANCE AWARENESS AND INCREASE RESOURCES FOR INDIANA BASED RESEARCH AND DEVELOPMENT IN THE ADVANCED ENERGY STORAGE INDUSTRY IN ORDER TO FOSTER ECONOMIC DEVELOPMENT AND POSITION INDIANA AS A GLOBAL LEADER IN THE ADVANCED ENERGY STORAGE INDUSTRY AND TO ENCOURAGE AND PROMOTE THE BUSINESS INTERESTS OF INDIANA'S ADVANCED ENERGY STORAGE INDUSTRY.

Giving Portfolio

Total Grants
1
Total Giving
$35K
Recipients
1
Years Active
2024
Avg grant: $35,000 Median: $35,000

Top Grantees

VARIOUS
$35K

Grants Awarded · 1 grants

Looking for grants like these from other funders? Sign up free to search 16M+ grants.

Financials

Total Revenue
$4,816,917
Total Expenses
$4,747,288
Net Assets
$2,350,182
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
5.9 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 16.1%
Expenses ↑ 50.0%
Revenue Sources
Contributions 71.4% Earned revenue 28.2% Investment 0.2%
Expense Breakdown
Program 100.0%

Officers & Trustees (4)

Individual compensation is available on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$4,816,917 ↑$4,747,288$2,350,182
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$4,149,872 ↑$3,165,398$2,280,553
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$382,918 ↓$615,170$690,395
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$3,292,059 ↑$565,413$-90,218
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$816,279 ↓$969,909$-2,816,864
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$865,225 $988,417$-2,548,611

Find more like this.

Sign up free to search 16M+ grants and see similar organizations on every nonprofit profile.

Sign Up Free

No credit card required.

EIN: 45-4110850 · Source: IRS Form 990 e-file data