INDIANAPOLIS SUZUKI ACADEMY Charity Report

Public IRS 990 nonprofit record

INDIANAPOLIS SUZUKI ACADEMY

EIN 35-1838029 · Education (B)

What they do

The Indianapolis Suzuki Academy (ISA) Continued Its Mission of Nurturing Young Musicians Through The Renowned Suzuki Method. Core Programming Included Weekly Private Lessons and Group Classes, Fostering Skill Development In A Supportive, Inclusive Environment.ISA Served 150 Students, Achieving 88% Retention and 5% Enrollment Growth. We Expanded Our Piano Program By 45% With The Addition of A New Piano Teacher In August.We Hosted Three Formal Performances At Indiana Landmarks Grand Hall, Reinstating Post-recital Receptions to Build Community With Parent Volunteers. Students Also Gave 22 Community Performances At Venues Including Brics Ice Cream, St. Vincent Womens Hospital, The Harrison Center for The Arts, and Nursing Homes. Highlights Included Collaborations With The Indianapolis Chamber Orchestra, and A New Piano Performance At The Indy Arts Garden. Faculty Continued Their Tradition of Performing Three Times A Year At Eskenazi Hospital.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.69%of revenue went to mission work90.0% of expenses · Program services

1.82%of revenue went to fundraising2.0% of expenses

$90.77spent for every $100 of revenueRevenue covered expenses this year.

7.26%of revenue went to management and office costs8.0% of expenses

$1.09in assets for every $1 spent this yearSome assets cannot be spent right away.

23.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $75,957 for RACHEL OSTERHOUSE (EXECUTIVE DIR.). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$477,574

Mission workProgram services$390,12681.69% of revenue90.0% of expenses

ManagementOffice and general costs$34,6767.26% of revenue8.0% of expenses

FundraisingAsking for donations$8,6691.82% of revenue2.0% of expenses

Revenue left after expensesReported annual surplus$44,1039.23% of revenueShown in gray on the chart

Total expenses$433,47190.77% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.0% mission · 8.0% management · 2.0% fundraisingTotal expenses: 90.77% of revenue

2023Expense mix: 89.6% mission · 7.9% management · 2.5% fundraisingTotal expenses: 82.77% of revenue

2022Expense mix: 90.4% mission · 7.9% management · 1.8% fundraisingTotal expenses: 86.91% of revenue

2021Expense mix: 90.5% mission · 7.9% management · 1.6% fundraisingTotal expenses: 75.92% of revenue

2020Expense mix: 92.5% mission · 5.9% management · 1.7% fundraisingTotal expenses: 85.79% of revenue

2019Expense mix: 85.7% mission · 11.5% management · 2.9% fundraisingTotal expenses: 99.24% of revenue

2018Expense mix: 83.2% mission · 13.4% management · 3.4% fundraisingTotal expenses: 98.54% of revenue

2017Expense mix: 90.8% mission · 8.1% management · 1.1% fundraisingTotal expenses: 94.35% of revenue

Money in and money out

Revenue$477,574

Expenses$433,471

Annual surplus $44,103 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$390,126 · 90.0% of expenses

Management and office costs$34,676 · 8.0% of expenses

Fundraising$8,669 · 2.0% of expenses

See all reported dollar amounts

Revenue$477,574

Expenses$433,471

Assets$471,662

Income$477,574

Contributions$114,192

Mission work (program services)$390,126

Fundraising$8,669

Management and general$34,676

Accounting fees$6,059

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RACHEL OSTERHOUSEEXECUTIVE DIR. · 40 hrs/week $75,957

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

RACHEL OSTERHOUSEEXECUTIVE DIR.

ALISTAIR HOWLETTSECRETARY

CASEY CHELLDIRECTOR

CODY WHITESELLDIRECTOR

GERSHOM DAVISTREASURER

JYOTHI VARANASIPRESIDENT

KEVIN LINDIRECTOR

KRISTINA DAVISDIRECTOR

TRAE BLANCOVICE PRESIDENT

About this charity

Recognized since: January 1992
Location: 3959 Central Avenue, Indianapolis, IN 46205
County: Marion
In care of: Rachel Osterhouse
Primary officer: Rachel Osterhouse, Executive Director

How to reach them

WebsiteVisit the charity’s website Phone(317) 296-5258

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: FINANCIAL TECHNOLOGIES & MANAGEMENT
NTEE classification: Education (B)
IRS tax category: Education