Civic Intelligence

Driehaus Design Initiative

990 • Fiscal year 2017 • EIN 27-1694951

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

25 East Erie StreetChicago, IL 60611

(312) 932-8679

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.52x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

13th percentile

-27%

Higher net margin than 13% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

4th percentile

-78%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

18th percentile

-27%

Faster revenue growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$66,737

Down $232,079 (-78%) from 2016

Net Assets

Down

$31,815

Down $123,582 (-80%) from 2016

Liabilities

Down

$34,922

Down $108,497 (-76%) from 2016

Revenue

Down

$461,287

Down $174,646 (-27%) from 2016

Expenses

Up

$584,869

Up $75,719 (+15%) from 2016

Net Income

Down

-$123,582

Down $250,365 (-197%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2014: $81,735Liabilities 2014: $62,408Net Assets 2014: $19,3272014Assets 2015: $38,259Liabilities 2015: $9,645Net Assets 2015: $28,6142015Assets 2016: $298,816Liabilities 2016: $143,419Net Assets 2016: $155,3972016Assets 2017: $66,737Liabilities 2017: $34,922Net Assets 2017: $31,8152017Assets 2018: $74,387Liabilities 2018: $26,819Net Assets 2018: $47,5682018Assets 2019: $239,240Liabilities 2019: $10,961Net Assets 2019: $228,2792019Assets 2020: $332,854Liabilities 2020: $142,043Net Assets 2020: $190,8112020Assets 2021: $5,158,093Liabilities 2021: $985Net Assets 2021: $5,157,1082021Assets 2022: $4,892,162Liabilities 2022: $0Net Assets 2022: $4,892,1622022Assets 2023: $5,393,204Liabilities 2023: $5,095Net Assets 2023: $5,388,1082023Assets 2024: $5,705,191Liabilities 2024: $7,093Net Assets 2024: $5,698,0982024

Highlighted filing

2017

Assets$66,737
Liabilities$34,922
Net Assets$31,815

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $480,406Expenses 2014: $497,375Net Income 2014: -$16,9692014Revenue 2015: $497,059Expenses 2015: $487,772Net Income 2015: $9,2872015Revenue 2016: $635,933Expenses 2016: $509,150Net Income 2016: $126,7832016Revenue 2017: $461,287Expenses 2017: $584,869Net Income 2017: -$123,5822017Revenue 2018: $530,489Expenses 2018: $514,736Net Income 2018: $15,7532018Revenue 2019: $782,592Expenses 2019: $601,881Net Income 2019: $180,7112019Revenue 2020: $311,281Expenses 2020: $348,749Net Income 2020: -$37,4682020Revenue 2021: $5,000,022Expenses 2021: $33,725Net Income 2021: $4,966,2972021Revenue 2022: $80,458Expenses 2022: $173,208Net Income 2022: -$92,7502022Revenue 2023: $156,780Expenses 2023: $183,534Net Income 2023: -$26,7542023Revenue 2024: $273,819Expenses 2024: $411,464Net Income 2024: -$137,6452024

Highlighted filing

2017

Revenue$461,287
Expenses$584,869
Net Income-$123,582
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Gross Receipts
$473,306
Mission and Program Overview

Mission

To promote and encourage design education and to foster public appreciation and understanding of all aspects of design, including fashion design, visual arts, structural design and the history of design, in the furtherance of an educational purpose.

To promote and encourage design education and history. and history.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$280,361$47,901▼ $232,460
Prepaid Expenses and Deferred Charges$14,304$18,836▲ $4,532
Accounts Receivable$2,526$0▼ $2,526
Land, Buildings, and Equipment, Net$1,625$0▼ $1,625
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$298,816$66,737▼ $232,079
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$140,000$0▼ $140,000
Deferred Revenue$0$30,000▲ $30,000
Accounts Payable and Accrued Expenses$3,419$4,922▲ $1,503
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$143,419$34,922▼ $108,497
Net Assets / Fund Balance
Unrestricted Net Assets$155,397$31,815▼ $123,582
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$155,397$31,815▼ $123,582
Total Liabilities and Net Assets / Fund Balance$298,816$66,737▼ $232,079

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$20,962$20,962
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard H DriehausPresident & Director
Tracey TarantinoSecretary & Director
Michelle MoliseTreasurer & Director
Revenue and Support

Revenue Composition

Contributions and Grants
$422,820
Program Service Revenue
$30,275
Investment Income
$11
Other Revenue
$8,181
All Other Contributions
$416,920
Change in Net Assets
$-123,582

Audited Revenue Reconciliation

Revenue per Audited Statements
$461,287
Revenue Not Reported on Form 990
$84,775
Total Revenue per Audited Statements
$546,062
Total Revenue per Form 990
$461,287
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$391,119
Grants and Similar Amounts Paid$193,750
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$150,000--$150,000
All Other Expenses$31,392$23,669-$55,061
Grants to Domestic Individuals$43,750--$43,750
Fees for Services Accounting-$15,490-$15,490
Fees for Services Legal-$10,165-$10,165
Other Expenses$28,716$10,000-$10,000
Office Expenses$3,408$2,038-$5,446
Insurance-$1,389-$1,389
Total Functional Expenses$522,118$62,751$0$584,869

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$669,644
Expenses per Audited Statements$584,869
Total Expenses per Form 990$584,869
Expenses Not Reported on Form 990$84,775
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Chicago History MuseumChicago, IL501(c)(3)Funding and Support$25,000
Columbia College ChicagoChicago, IL501(c)(3)Funding and Support$25,000
Dominican UniversityRiver Forest, IL501(c)(3)Funding and support$25,000
School of the Art Institute of ChicagoChicago, IL501(c)(3)Funding and support$25,000
The Chicago Fashion IncubatorChicago, IL501(c)(3)Funding and Support$25,000
The Illinois Institute of Art - ChicagoChicago, IL501(c)(3)Funding and support$25,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,200
Fundraising Direct Expenses$12,019
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$26,100$20,200$12,019$8,181
Total Events$26,100$20,200$12,019$8,181
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 3:

Management duties were performed by driehaus enterprise management, inc.

FORM 990, PART VI, SECTION B, LINE 11:

Copies of form 990 are distributed to the officers and directors prior to filing.

FORM 990, PART VI, SECTION C, LINE 19:

All public documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Driehaus Design Initiative
EIN
27-1694951
In Care Of
% TRACEY TARANTINO
Phone
3129328679
Address
25 East Erie Street, Chicago, IL 60611

Signing Officer

Name
Richard H Driehaus
Title
President
Phone
3129328679
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard H Driehaus
Formed
2010
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
3

Preparer

Firm
Miller Cooper & Co Ltd
Address
1751 Lake Cook Road Suite 400, Deerfield, IL 60015
Preparer
Kathy Kirchschlager
Phone
8472055000
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

Fin 48 (asc 740) footnote: gaap requires management to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. Management has analyzed the tax positions taken by the organization, and has concldued that as of december 31, 2017 and 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax period in progress. Management believes it is no longer subject to income tax examinations prior to 2014.

Raw XML AppendixShowing 400 of 510 raw XML fields

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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03419
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04922
IRS990/AccountsReceivableGrp/BOYAmt02526
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityCd072230
IRS990/ActivityOrMissionDesc0To promote and encourage design education and history. and history.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0416920
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt023669
IRS990/AllOtherExpensesGrp/ProgramServicesAmt031392
IRS990/AllOtherExpensesGrp/TotalAmt055061
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0TRACEY TARANTINO
IRS990/BooksInCareOfDetail/PhoneNum03129328679
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt025 EAST ERIE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0606112735
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt05900
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0422820
IRS990/CYGrantsAndSimilarPaidAmt0193750
IRS990/CYInvestmentIncomeAmt011
IRS990/CYOtherExpensesAmt0391119
IRS990/CYOtherRevenueAmt08181
IRS990/CYProgramServiceRevenueAmt030275
IRS990/CYRevenuesLessExpensesAmt0-123582
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0584869
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0461287
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt030000
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Driehaus design initiative organized and operated the 16th annual driehaus awards for fashion excellence fashion show. the fashion show provides a "real life" educational experience for the students, encourages and highlights creative and innovative fashion design, encourages students to continue working in and advancing fashion design and fosters public appreciation of innovative fashion design. the proceeds from the fashion show event benefited four educational institutions.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0522118
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015490
IRS990/FeesForServicesAccountingGrp/TotalAmt015490
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt010165
IRS990/FeesForServicesLegalGrp/TotalAmt010165
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD H DRIEHAUS
IRS990/Form990PartVIISectionAGrp/PersonNm1TRACEY TARANTINO
IRS990/Form990PartVIISectionAGrp/PersonNm2Michelle Molise
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary & Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER & DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt05900
IRS990/FundraisingDirectExpensesAmt012019
IRS990/FundraisingGrossIncomeAmt020200
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0193750
IRS990/GrantsPayableGrp/BOYAmt0140000
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt043750
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt043750
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0150000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0150000
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0473306
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01389
IRS990/InsuranceGrp/TotalAmt01389
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt011
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020962
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01625
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt020962
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE AND ENCOURAGE DESIGN EDUCATION AND TO FOSTER PUBLIC APPRECIATION AND UNDERSTANDING OF ALL ASPECTS OF DESIGN, INCLUDING FASHION DESIGN, VISUAL ARTS, STRUCTURAL DESIGN AND THE HISTORY OF DESIGN, IN THE FURTHERANCE OF AN EDUCATIONAL PURPOSE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0155397
IRS990/NetAssetsOrFundBalancesEOYAmt031815
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt08181
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08181
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt012019
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02038
IRS990/OfficeExpensesGrp/ProgramServicesAmt03408
IRS990/OfficeExpensesGrp/TotalAmt05446
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0FASHION SHOW PRODUCTION
IRS990/OtherExpensesGrp/Desc1EVENT FOOD/BEVERAGES
IRS990/OtherExpensesGrp/Desc2INVITATIONS/PROGRAMS
IRS990/OtherExpensesGrp/Desc3MANAGEMENT FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010000
IRS990/OtherExpensesGrp/ProgramServicesAmt0208747
IRS990/OtherExpensesGrp/ProgramServicesAmt156105
IRS990/OtherExpensesGrp/ProgramServicesAmt228716
IRS990/OtherExpensesGrp/TotalAmt0208747
IRS990/OtherExpensesGrp/TotalAmt156105
IRS990/OtherExpensesGrp/TotalAmt228716
IRS990/OtherExpensesGrp/TotalAmt310000
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014304
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018836
IRS990/PrincipalOfficerNm0Richard H Driehaus
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0722320
IRS990/ProgramServiceRevenueGrp/Desc0FASHION SHOW EVENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt030275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030275
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0596769
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0171600
IRS990/PYInvestmentIncomeAmt07
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0337550
IRS990/PYOtherRevenueAmt05082
IRS990/PYProgramServiceRevenueAmt034075
IRS990/PYRevenuesLessExpensesAmt0126783
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0509150
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0635933
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-123582
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt030275
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0280361
IRS990/SavingsAndTempCashInvstGrp/EOYAmt047901
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0422456
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0596475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0447769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0424130
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0346803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02237633
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0184778
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.52272
IRS990ScheduleA/PublicSupportPY170Pct00.41749
IRS990ScheduleA/PublicSupportTotal170Amt01169658
IRS990ScheduleA/SubstantialContributorsTotAmt01067975
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0422456
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0596475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0447769
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0424130
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0346803
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02237633
IRS990ScheduleA/TotalSupportAmt02237659
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt084775
IRS990ScheduleD/DonatedServicesUseFcltsAmt084775
IRS990ScheduleD/ExpensesNotReportedAmt084775
IRS990ScheduleD/ExpensesSubtotalAmt0584869
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt020962
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020962
IRS990ScheduleD/RevenueNotReportedAmt084775
IRS990ScheduleD/RevenueSubtotalAmt0461287
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 (ASC 740) FOOTNOTE: GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLDUED THAT AS OF DECEMBER 31, 2017 AND 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0584869
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt0461287
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0546062
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0669644
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt05900
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt05900
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012019
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Auction
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt026100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt026100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020200
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020200
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08181
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt012019
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt012019
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt043750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Awards for Fashion Design Education
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt025
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt325000
IRS990ScheduleI/RecipientTable/CashGrantAmt425000
IRS990ScheduleI/RecipientTable/CashGrantAmt525000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Funding and Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Funding and Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Funding and support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Funding and support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Funding and support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Funding and Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0The Chicago Fashion Incubator
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Columbia College Chicago
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2School of the Art Institute of Chicago
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Dominican University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4The Illinois Institute of Art - Chicago
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Chicago History Museum
IRS990ScheduleI/RecipientTable/RecipientEIN0261889713
IRS990ScheduleI/RecipientTable/RecipientEIN1430655867
IRS990ScheduleI/RecipientTable/RecipientEIN2362167725
IRS990ScheduleI/RecipientTable/RecipientEIN3362167855
IRS990ScheduleI/RecipientTable/RecipientEIN4362167725
IRS990ScheduleI/RecipientTable/RecipientEIN5204982186
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0111 North State Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1600 S Michigan Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt236 S Wabash Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt37900 W Division St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4111 S Michigan Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51601 N Clark St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm3River Forest
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Chicago
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4IL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings