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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Indianapolis Motor Speedway Foundation Inc.

Indianapolis Motor Speedway Foundation Inc.

Fiscal year ending 2024. Filed on November 5, 2025.

4750 West 16th Street
Indianapolis, Indiana 46222

Indianapolis Motor Speedway Foundation Inc. (EIN: 35-6013771) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Indianapolis Motor Speedway Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 5 out of 77 total employees. Among the employees shown here, the average compensation is $204,526. The highest compensated employee at Indianapolis Motor Speedway Foundation Inc. is John Joseph Hale Jr with fiscal year 2024 compensation of $449,367.

Revenue, expenses, and employee compensation

Revenue

$8,450,024

Expenses

$5,313,201

Employee compensation

$3,042,721
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Joseph Hale Jr
President
$449,367
$434,575 No related comp$14,792
Phil Foster
Finance Director
$158,581
$128,808 No related comp$29,773
Mandi Bender
Vice President, Operations
$146,741
$122,332 No related comp$24,409
Kara Kovert Pray
Vice President, Advancement
$135,468
$127,828 No related comp$7,640
Jason Vansickle
Vice President of Curation and Education
$132,473
$108,022 No related comp$24,451

Benchmark Employee Compensation

Non-Employee Board Members

Angela Krahulik
Director
Blair Hall
Director
Chris MacAllister
Director
Chuck Jones
Director
Constance Lund
Treasurer and Director
Douglas Boles
Director
Fred J Nation
Director
Jeffrey B Smith
Secretary and Director
Kirk Hendrix
Director
Marlyne Sexton
Director
Melissa Caito
Director
Robert Dyson
Chair and Director

Contractors

Shiel Sexton Company Inc
Construction
$39,088,863
Indianapolis Motor Speedway LLC
Shared
$180,287
Forvis Mazars
Consulting/Audit/Accounting
$101,754

Mission Statement

TO CELEBRATE THE INNOVATION, THRILL, AND CULTURAL SIGNIFICANCE OF RACING AT THE INDIANAPOLIS MOTOR SPEEDWAY AND PRESERVE THE HISTORY BEHIND THE INDPLS MOTOR SPEEDWAY AND INDPLS 500.

Revisions to this organization profile

November 5, 2025:
2024 Indianapolis Motor Speedway Foundation Inc. 990 filed
October 4, 2024:
2023 Indianapolis Motor Speedway Foundation Inc. 990 filed
November 14, 2023:
2022 Indianapolis Motor Speedway Foundation Inc. 990 filed

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