| Metrics | # |
| Charter Law | |
| State Has Charter Law | Yes |
| Year of Charter School Law | 2001 |
| Charter Cap | |
| State-Imposed Cap on Charter Schools | Yes |
| Description of Cap | The mayor of Indianapolis may approve no more than 5 charters annually; up to 200 students may enroll in virtual charters in 2009-10 and up to 500 students may enroll in virtual charters in 2010-11 (at least 75% of such students must have been enrolled in public schools the previous year) |
| Charter Funding | |
| State Provides Funding for Charter Schools | No |
| Active Authorizers | |
| Active Authorizers | 2 Local School Districts; 1 Municipal Government Office; 1 Higher Education Institution |
| Local School District | Yes |
| Municipal Government Office | Yes |
| Higher Education Institution | Yes |