Under a formula recommended by victims compensation specialist Kenneth Feinberg, smaller amounts will go to the more than 40 people injured, the Chicago Tribune reported Friday.
Those hospitalized 10 days or more will receive $25,000, while those hospitalized for shorter periods will receive payments of $7,500 or $3,000.
The relief fund from donations from private individuals and businesses totals just under $800,000 and is separate from the $5 million the state is to pay for legal claims.
The stage collapsed in high winds Aug. 13.
Feinberg, who served as the administrator of victims compensation funds after the Sept. 11, 2001, terror attacks and the 2010 BP Gulf oil spill, will help Indiana divide the $5 million Tort Claim Fund, to be administered by Attorney General Greg Zoeller.