Martin Luther King Multi-service Center Indianapolis Incorporated
Only null% goes to programs Strong reserves Growing revenue
Martin Luther King Multi-service Center Indianapolis Incorporated is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 2004, with $4,710,694 in FY2024 revenue. CharityIndex grades it B.
40 W 40th St, Indianapolis, IN, 46208 EIN 23-7415846 Since 2004
Revenue (FY2024)
$4.7M
▲ 29.5% vs prior year
Human Services median: $293K
Expenses (FY2024)
$4.4M
Net assets
$12.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Martin Luther King Multi-service Center Indianapolis Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating35 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Martin Luther King Multi-service Center Indianapolis Incorporated: 35 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Martin Luther King Multi-service Center Indianapolis Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Martin Luther King Multi-service Center Indianapolis Incorporated: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 40 W 40th St, Indianapolis, IN, 46208
- City
- Indianapolis
- State
- Indiana
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Website
- …
Financial trends
Revenue grew from $409K (FY2015) to $4.7M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $571KNet assets $12.9M
Operating margin
7.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.5M
Total liabilities
$571K
Net assets
$12.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,710,694▲29.5% | $4,370,862▲21.4% | $12,926,663▲5.8% | $13,497,964▲8.6% | 990 |
| 2023 | $3,636,862▼57.8% | $3,600,886▲23.9% | $12,219,485▲2.6% | $12,424,227▲2.8% | 990 |
| 2022 | $8,624,254▲117% | $2,906,062▲32.1% | $11,907,689▲92.4% | $12,081,406▲87.1% | 990 |
| 2021 | $3,976,008▼10.9% | $2,200,567▲17.6% | $6,189,497▲40.2% | $6,458,276▲33.6% | 990 |
| 2020 | $4,461,315▲155% | $1,871,042▲58.3% | $4,414,056▲142% | $4,834,546▲149% | 990 |
| 2019 | $1,751,963▲54.3% | $1,181,788▲6.4% | $1,823,783▲45.5% | $1,944,213▲48.2% | 990 |
| 2018 | $1,135,419▲2.0% | $1,110,987▲17.7% | $1,253,609▲2.0% | $1,311,452▲2.8% | 990 |
| 2017 | $1,113,456▲59.5% | $943,821▲37.4% | $1,229,177▲16.0% | $1,275,293▲17.9% | 990 |
| 2016 | $698,231▲70.7% | $686,692▲49.2% | $1,059,542▲1.1% | $1,082,123▼3.1% | 990 |
| 2015 | $409,059 | $460,344▼34.8% | $1,048,003▼34.2% | $1,116,976▼33.9% | 990 |
| 2009 | — | $706,231 | $1,592,545 | $1,690,242 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $8.6M total
56 grants to Martin Luther King Multi-service Center Indianapolis Incorporated totaling $8.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way of Central Indiana Inc | Program and/or operating support | 2024 | $1,027,425 |
| National Urban League Inc | Direct grants to small businesses | 2024 | $599,539 |
| Indianapolis Foundation Inc | Additional support for elevation rd 6 grant | 2024 | $267,500 |
| American Online Giving Foundation Inc | General support | 2024 | $83,142 |
| Central Indiana Community Foundation Inc | Empowering black girls for success | 2024 | $39,750 |
| United Way of Central Indiana Inc | Donor choice | 2024 | $11,386 |
| United Way of Central Indiana Inc | Program and/or operating support | 2023 | $461,250 |
| Early Learning Indiana Inc | Early years initiative | 2023 | $328,600 |
| National Urban League Inc | Direct grants to small businesses | 2023 | $256,721 |
| Indianapolis Foundation Inc | Dream team | 2023 | $196,815 |
| American Online Giving Foundation Inc | General support | 2023 | $59,132 |
| Central Indiana Community Foundation Inc | Re-launching the senior enrichment program at the mlk center | 2023 | $25,000 |
| United Way of Central Indiana Inc | Donor choice | 2023 | $20,310 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $18,500 |
| American Endowment Foundation | Human service | 2023 | $12,750 |
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Frequently asked questions
- Is Martin Luther King Multi-service Center Indianapolis Incorporated a legitimate nonprofit?
- Yes. Martin Luther King Multi-service Center Indianapolis Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7415846, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Martin Luther King Multi-service Center Indianapolis Incorporated's EIN?
- Martin Luther King Multi-service Center Indianapolis Incorporated's Employer Identification Number (EIN) is 23-7415846.
- How much revenue does Martin Luther King Multi-service Center Indianapolis Incorporated report?
- Martin Luther King Multi-service Center Indianapolis Incorporated reported $4,710,694 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Martin Luther King Multi-service Center Indianapolis Incorporated have?
- CharityIndex grades Martin Luther King Multi-service Center Indianapolis Incorporated B, based on financial health (reserves and operating margin).
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Data for Martin Luther King Multi-service Center Indianapolis Incorporated (EIN 23-7415846) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.