Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
EIN 35-1990726 • 501(c)3 • Bloomington, IN
Profile
The indiana university research and technology corporation (iurtc) serves indiana university, the state of indiana, and the nation through creation and application of the university developed technologies and services, and the expanded linkage of the private sector to the university.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
100th percentile
Higher net margin than 100% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Down$17,325,932
Down $2,727,240 (-14%) from 2023
Liabilities
Up$567,896
Up $13,511 (+2.4%) from 2023
Net Assets
Down$16,758,036
Down $2,740,751 (-14%) from 2023
Revenue
Down-$921,418
Down $1,335,456 (-323%) from 2023
Expenses
Down$1,536,755
Down $186,006 (-11%) from 2023
Net Income
Down-$2,458,173
Down $1,149,450 (-88%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The indiana university research and technology corporation (iurtc) serves indiana university, the state of indiana, and the nation through creation and application of the university developed technologies and services, and the expanded linkage of the private sector to the university. Iurtc has assisted the university and its faculty in patenting and advancing university technology through licensing with existing companies, and establishing new companies.
The indiana university research and technology corporation (iurtc) serves indiana university, the state of indiana, and the nation through creation and application of the university developed technologies and services, and the expanded linkage of the private sector to the university.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $14,544,058 | $12,840,708 | ▼ $1,703,350 |
| Cash and Non-Interest-Bearing Accounts | $5,131,571 | $4,159,958 | ▼ $971,613 |
| Prepaid Expenses and Deferred Charges | $46,297 | $47,321 | ▲ $1,024 |
| Total Assets | $20,053,172 | $17,325,932 | ▼ $2,727,240 |
| Other Assets Total | $331,246 | $277,945 | ▼ $53,301 |
| Liabilities | |||
| Other Liabilities | $373,300 | $394,290 | ▲ $20,990 |
| Accounts Payable and Accrued Expenses | $117,535 | $92,166 | ▼ $25,369 |
| Deferred Revenue | $63,550 | $81,440 | ▲ $17,890 |
| Total Liabilities | $554,385 | $567,896 | ▲ $13,511 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $19,498,787 | $16,758,036 | ▼ $2,740,751 |
| Total Net Assets Fund Balance | $19,498,787 | $16,758,036 | ▼ $2,740,751 |
| Total Liabilities and Net Assets / Fund Balance | $20,053,172 | $17,325,932 | ▼ $2,727,240 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Securities | $10,084,780 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jason Whitney | CIO | FT | $195,773 | $51,687 | $247,460 |
| Jonathan Barada | VP of Engagement | FT | $195,563 | $31,507 | $227,070 |
| Michael Burton | CFO | FT | $153,478 | $38,332 | $191,810 |
| Tina Peterson | Member | - | - | $540 | $540 |
| Name | Title |
|---|---|
| Bill Stephan | Board Chair |
| Anthony Armstrong | President and CEO |
| Charles Schalliol | Member |
| Gregg Summerville | Member |
| Joyce Rogers | Member |
| Kathy Fields | Member |
| Ravi Bhatt | Member |
| Russel Mumper | Member |
| Theodore Widlanski | Member |
| Ting Gootee | Member |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| 496code LLC | Services For A Prototyping Studio To Wor | 2916 NW BUCKLIN HILL ROAD 179, Silverdale, WA 98383 | $133,000 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $946,223 |
| Other Expenses | $590,532 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $211,647 | $207,233 | - | $418,880 |
| Other Salaries and Wages | $155,754 | $152,506 | - | $308,260 |
| Fees for Services Other | $217,700 | - | - | $217,700 |
| Advertising | $68,518 | $33,000 | - | $101,518 |
| Other Employee Benefits | $46,550 | $45,579 | - | $92,129 |
| Travel | $79,733 | $552 | - | $80,285 |
| Information Technology | $65,764 | $12,530 | - | $78,294 |
| Pension Plan Contributions | $38,015 | $37,222 | - | $75,237 |
| Payroll Taxes | $26,131 | $25,586 | - | $51,717 |
| Insurance | $25,844 | $24,692 | - | $50,536 |
| Fees for Services Accounting | $6,745 | $33,805 | - | $40,550 |
| Fees for Services Legal | $3,863 | $4,250 | - | $8,113 |
| Office Expenses | $4,736 | - | - | $4,736 |
| Other Expenses | $255,810 | $-255,810 | - | $0 |
| Total Functional Expenses | $1,214,573 | $322,182 | $0 | $1,536,755 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $2,127,056 |
| Expenses per Audited Statements | $1,536,755 |
| Total Expenses per Form 990 | $1,536,755 |
| Expenses Not Reported on Form 990 | $590,301 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| RELATED PARTY PAYABLE: UNIVERSITY | $394,290 |
“Finance and audit committe reviews and approves the form 990.”
“The board is responsible for monitoring compliance with the conflict of interest policy.”
“The compensation for the ceo senior leaders of iurtc will be determined and reviewed by the compensation committtee of the board.”
“Governing documents, conflict of interest policy, and financial statements are available to the public upon request.”
“Contract employees and other professional fees: program service expenses 217,700. Management and general expenses 0. Fundraising expenses 0. Total expenses 217,700.”
“K-1 (gain) loss not reported on financial statements -1,581,867. Intercompany elmination 1,571,531. Change in accounting principle -269,422.”
“The audit committee assumes oversight for the financial statements. No processes have changed from the prior year.”
“No gaming activities conducted by the organization.”
“Intercompany management fees 590,301. Adjustment for income (loss) from passthrough entities -10,336.”
“Intercompany eliminations 1,571,531.”
“Intercompany management fees 590,301.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 117535 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 92166 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE INDIANA UNIVERSITY RESEARCH AND TECHNOLOGY CORPORATION (IURTC) SERVES INDIANA UNIVERSITY, THE STATE OF INDIANA, AND THE NATION THROUGH CREATION AND APPLICATION OF THE UNIVERSITY DEVELOPED TECHNOLOGIES AND SERVICES, AND THE EXPANDED LINKAGE OF THE PRIVATE SECTOR TO THE UNIVERSITY. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 33000 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 68518 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 101518 |
| IRS990/AllOtherContributionsAmt | 0 | 55429 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MICHAEL J BURTON CFO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3172781911 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 642 N MADISON STREET SUITE 113 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BLOOMINGTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 47404 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 5131571 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 4159958 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 207233 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 211647 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 418880 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 133000 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 2916 NW BUCKLIN HILL ROAD 179 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | SILVERDALE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 98383 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | 496CODE LLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | SERVICES FOR A PROTOTYPING STUDIO TO WOR |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 126139 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | -2114501 |
| IRS990/CYOtherExpensesAmt | 0 | 590532 |
| IRS990/CYOtherRevenueAmt | 0 | 74229 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 992715 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -2458173 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 946223 |
| IRS990/CYTotalExpensesAmt | 0 | 1536755 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | -921418 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 63550 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 81440 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | INVESTMENTS - THE IURTC MANAGES THE BUSINESS AND INVESTMENTS UNDER THE INDIANA PHILANTHROPIC VENTURE FUND (IPVF) AS WELL AS INNOVATE INDIANA FUND I, LLC (IIF) REGARDING PLANNING, OPERATIONS, AND INVESTMENTS. BOTH IPVF AND IIF ARE ESTABLISHED TO ACQUIRE, HOLD, DISPOSE, AND MANAGE INVESTMENTS IN LIFE SCIENCE AND TECHNOLOGY COMPANIES. AN INVESTMENT COMMITTEE IS UTILIZED TO ASSIST WITH INVESTMENT DECISIONS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 1 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 792845 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 33805 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 6745 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 40550 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 4250 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 3863 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 8113 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 217700 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 217700 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 59904 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 38540 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 540 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 36548 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 31507 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 38332 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 51687 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ANTHONY ARMSTRONG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RAVI BHATT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TING GOOTEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CHARLES SCHALLIOL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | GREGG SUMMERVILLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BILL STEPHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | THEODORE WIDLANSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | TINA PETERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | RUSSEL MUMPER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | KATHY FIELDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JOYCE ROGERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | JONATHAN BARADA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | MICHAEL BURTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | JASON WHITNEY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 195563 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 153478 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 195773 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 283927 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 173439 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 252626 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT AND CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | VP OF ENGAGEMENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | CFO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | CIO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1996 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -2264307 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GovernmentGrantsAmt | 0 | 3535 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 50350 |
| IRS990/GrossReceiptsAmt | 0 | 1393239 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 12530 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 65764 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 78294 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 24692 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 25844 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 50536 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 149806 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 149806 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 14544058 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 12840708 |
| IRS990/IRPDocumentCnt | 0 | 13 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | IN |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 2314657 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 67175 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE INDIANA UNIVERSITY RESEARCH AND TECHNOLOGY CORPORATION (IURTC) SERVES INDIANA UNIVERSITY, THE STATE OF INDIANA, AND THE NATION THROUGH CREATION AND APPLICATION OF THE UNIVERSITY DEVELOPED TECHNOLOGIES AND SERVICES, AND THE EXPANDED LINKAGE OF THE PRIVATE SECTOR TO THE UNIVERSITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 19498787 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 16758036 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -2264307 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -2264307 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -2820 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 19498787 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 16758036 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 4736 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4736 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 331246 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 277945 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -279758 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 45579 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 46550 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 92129 |
| IRS990/OtherExpensesGrp/Desc | 0 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 1 | PRINTING |
| IRS990/OtherExpensesGrp/Desc | 2 | MISCELLAENOUS EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 3 | PERSONNEL COST ALLOCATI |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 665 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 237 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 135 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | -255810 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 7737 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 26 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 255810 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 8402 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 263 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 135 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 0 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 373300 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 394290 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 541900 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 541900 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MANAGEMENT FEES - IIF |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | K-1 INCOME FROM PASS THROUGH ENTI |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | -15376 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 197600 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | -123371 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 197600 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 1 | -107995 |
| IRS990/OtherRevenueTotalAmt | 0 | 74229 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 152506 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 155754 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 308260 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 25586 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 26131 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 51717 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 37222 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 38015 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 75237 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 46297 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 47321 |
| IRS990/PrincipalOfficerNm | 0 | ANTHONY T ARMSTRONG |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541610 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 541900 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MANAGEMENT FEES IU CONTRACT REVEN |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | OTHER REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 983000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 9715 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 983000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 9715 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | STUDENT ENGAGEMENT - THE STUDENT ENGAGEMENT PROGRAM IS ESTABLISHED TO FULLY REALIZE THE BENEFITS OF UNIVERSITY INNOVATIONS THROUGH START-UP COMPANY FORMATION AND SUPPORT. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 344937 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | ANGEL NETWORK - CREATED IN FISCAL YEAR 2019, THE IURTC ENGAGES WITH HIGH NET WORTH INDIVIDUALS THROUGH THIS MEMBERSHIP NETWORK AND FACILITATES CONNECTIONS FOR STARTUP COMPANIES WITH PROSPECTIVE INVESTORS. THE ANGEL NETWORK CONTINUES THE IURTC AND THE UNIVERSITY'S MISSION OF FOSTERING A PERVASIVE ENTREPRENEURIAL CULTURE THAT CONTRIBUTES TO THE PROSPERITY OF THE STATE OF INDIANA, THE NATION, AND THE WORLD. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 76791 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 91925 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | -706601 |
| IRS990/PYOtherExpensesAmt | 0 | 561721 |
| IRS990/PYOtherRevenueAmt | 0 | 41014 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 987700 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -1308723 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1161040 |
| IRS990/PYTotalExpensesAmt | 0 | 1722761 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 414038 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -2458173 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 356001673 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 6 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 4661043 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | INDIANA UNIVERSITY |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 4661043 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 590301 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1536755 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -2820 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 590301 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 394290 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | RELATED PARTY PAYABLE: UNIVERSITY |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 579965 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 1571531 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 350085 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 2405843 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | 10084780 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | NON-PUBLICLY TRADED STOCKS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | INNOVATE INDIANA FUND I, LLC |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | INDIANA PHILANTHROPIC VENTURE FUND |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 577145 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 1571531 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | -2492949 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | INTERCOMPANY MANAGEMENT FEES 590,301. ADJUSTMENT FOR INCOME (LOSS) FROM PASSTHROUGH ENTITIES -10,336. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | INTERCOMPANY ELIMINATIONS 1,571,531. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | INTERCOMPANY MANAGEMENT FEES 590,301. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 4B - OTHER ADJUSTMENTS: |
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