Civic Intelligence

Driehaus Design Initiative

990 • Fiscal year 2020 • EIN 27-1694951

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization Profilewww.driehausdesign.org
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

87th percentile

0.43x

Higher debt load relative to assets than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

0.46x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

27th percentile

-12%

Higher net margin than 27% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

76th percentile

39%

Faster asset growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

17th percentile

-60%

Faster revenue growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$332,854

Up $93,614 (+39%) from 2019

Net Assets

Down

$190,811

Down $37,468 (-16%) from 2019

Liabilities

Up

$142,043

Up $131,082 (+1196%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin27th percentile

Revenue

Down

$311,281

Down $471,311 (-60%) from 2019

Expenses

Down

$348,749

Down $253,132 (-42%) from 2019

Net Income

Down

-$37,468

Down $218,179 (-121%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

2020

Assets$332,854
Liabilities$142,043
Net Assets$190,811
Open 2020 Filing

Operations Trend

Revenue Growth17th percentile

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

2020

Revenue$311,281
Expenses$348,749
Net Income-$37,468
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$311,281
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$212,129$330,542▲ $118,413
Prepaid Expenses and Deferred Charges$27,111$2,312▼ $24,799
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$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
Land, Buildings, and Equipment, Net$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$239,240$332,854▲ $93,614
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$0$105,000▲ $105,000
Accounts Payable and Accrued Expenses$10,931$37,043▲ $26,112
Other Liabilities$30$0▼ $30
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$10,961$142,043▲ $131,082
Net Assets / Fund Balance
Net Assets With Donor Restrictions$200,000$0▼ $200,000
Net Assets Without Donor Restrictions$28,279$190,811▲ $162,532
Total Net Assets Fund Balance$228,279$190,811▼ $37,468
Total Liabilities and Net Assets / Fund Balance$239,240$332,854▲ $93,614
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$311,266
Program Service Revenue
$0
Investment Income
$15
Other Revenue
$0
All Other Contributions
$311,266
Change in Net Assets
$-37,468

Audited Revenue Reconciliation

Revenue per Audited Statements
$311,281
Total Revenue per Audited Statements
$311,281
Total Revenue per Form 990
$311,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$243,749
Grants and Similar Amounts Paid$105,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$133,602$12,000-$133,602
Grants to Domestic Orgs$105,000--$105,000
Fees for Services Legal-$31,116-$31,116
Fees for Services Accounting-$21,432-$21,432
All Other Expenses-$12,129-$12,129
Insurance-$1,245-$1,245
Office Expenses$1,057$114-$1,171
Total Functional Expenses$270,713$78,036$0$348,749

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$348,749
Total Expenses per Audited Statements$348,749
Total Expenses per Form 990$348,749
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Columbia College ChicagoChicago, IL501(c)(3)Funding and Support$35,000
Dominican UniversityRiver Forest, IL501(c)(3)Funding and support$35,000
School of the Art Institute of ChicagoChicago, IL501(c)(3)Funding and support$35,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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 35% controlled entity
No
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
Michelle Molise
Title
President
Phone
3129328679
Signed
2021-11-15
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
2

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, 2020 and 2019, 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.”

Raw XML AppendixShowing 400 of 451 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/BOYAmt010931
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt037043
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityCd072230
IRS990/ActivityOrMissionDesc0To promote and encourage design education and history.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0311266
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt012129
IRS990/AllOtherExpensesGrp/TotalAmt012129
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/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
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/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0311266
IRS990/CYGrantsAndSimilarPaidAmt0105000
IRS990/CYInvestmentIncomeAmt015
IRS990/CYOtherExpensesAmt0243749
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-37468
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0348749
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0311281
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Driehaus Design Initiative organizes an annual fashion show. During 2020, the event was cancelled due to the COVID-19 pandemic. Costs for organizing the show were incurred before it was known the event would be cancelled and deposits were forfeited. The organization is actively working with its event management company and vendors to determine if an alternative use or extension of expiration could be granted. The annual driehaus awards for fashion excellence 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 2021 and 2022 shows have also been cancelled due to the COVID 19 pandemic, but the organization intends to hold the fashion show event in the future.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0200000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0270713
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021432
IRS990/FeesForServicesAccountingGrp/TotalAmt021432
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt031116
IRS990/FeesForServicesLegalGrp/TotalAmt031116
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/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/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0105000
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt0105000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0105000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0105000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0311281
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01245
IRS990/InsuranceGrp/TotalAmt01245
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt015
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
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/NetAssetsOrFundBalancesBOYAmt0228279
IRS990/NetAssetsOrFundBalancesEOYAmt0190811
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt028279
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0190811
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0114
IRS990/OfficeExpensesGrp/ProgramServicesAmt01057
IRS990/OfficeExpensesGrp/TotalAmt01171
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc1INVITATIONS/PROGRAMS
IRS990/OtherExpensesGrp/Desc2MANAGEMENT FEES
IRS990/OtherExpensesGrp/Desc3FORFEITED DEPOSITS (COVID)
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012000
IRS990/OtherExpensesGrp/ProgramServicesAmt09765
IRS990/OtherExpensesGrp/ProgramServicesAmt121289
IRS990/OtherExpensesGrp/ProgramServicesAmt2133602
IRS990/OtherExpensesGrp/TotalAmt09765
IRS990/OtherExpensesGrp/TotalAmt121289
IRS990/OtherExpensesGrp/TotalAmt212000
IRS990/OtherExpensesGrp/TotalAmt3133602
IRS990/OtherLiabilitiesGrp/BOYAmt030
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/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027111
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02312
IRS990/PrincipalOfficerNm0Richard H Driehaus
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0736660
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0207000
IRS990/PYInvestmentIncomeAmt012
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0394881
IRS990/PYOtherRevenueAmt016500
IRS990/PYProgramServiceRevenueAmt029420
IRS990/PYRevenuesLessExpensesAmt0180711
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0601881
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0782592
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-37468
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0212129
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0330542
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0311266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0736660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0479378
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0422456
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0596475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02546235
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt053
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0149070
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90674
IRS990ScheduleA/PublicSupportPY170Pct00.79813
IRS990ScheduleA/PublicSupportTotal170Amt02308821
IRS990ScheduleA/SubstantialContributorsTotAmt0237414
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0311266
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0736660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0479378
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0422456
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0596475
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02546235
IRS990ScheduleA/TotalSupportAmt02546288
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0348749
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/RevenueSubtotalAmt0311281
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, 2020 AND 2019, 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/TotalExpensesPerForm990Amt0348749
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt0311281
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0311281
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0348749
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt035000
IRS990ScheduleI/RecipientTable/CashGrantAmt135000
IRS990ScheduleI/RecipientTable/CashGrantAmt235000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Funding and Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Funding and support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Funding and support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Columbia College Chicago
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1School of the Art Institute of Chicago
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Dominican University
IRS990ScheduleI/RecipientTable/RecipientEIN0430655867
IRS990ScheduleI/RecipientTable/RecipientEIN1362167725
IRS990ScheduleI/RecipientTable/RecipientEIN2362167855
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0600 S Michigan Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt136 S Wabash Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt27900 W Division St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm2River Forest
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060605
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd160603
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd260305
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0All recipients are required by the terms of the grant agreement to use the funds only for charitable purposes. Driehaus Design Initiative also receives and reviews reports from the grantees detailing the use of grant funds.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part IV
IRS990ScheduleI/Total501c3OrgCnt03
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES WERE PERFORMED BY DRIEHAUS ENTERPRISE MANAGEMENT, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF FORM 990 ARE DISTRIBUTED TO THE OFFICERS AND DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL PUBLIC DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19:
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0239240
IRS990/TotalAssetsEOYAmt0332854
IRS990/TotalAssetsGrp/BOYAmt0239240
IRS990/TotalAssetsGrp/EOYAmt0332854
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0311266
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078036
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0270713
IRS990/TotalFunctionalExpensesGrp/TotalAmt0348749
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010961
IRS990/TotalLiabilitiesEOYAmt0142043
IRS990/TotalLiabilitiesGrp/BOYAmt010961
IRS990/TotalLiabilitiesGrp/EOYAmt0142043
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0228279
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0190811
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0270713
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$332,854
Liabilities
$142,043
Net assets
$190,811
Revenue
$311,281
Expenses
$348,749
Net income
-$37,468
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.71$0.01$5.70$0.27$0.41$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.39$0.01$5.39$0.16$0.18$0.03
2022Detailed filing. Detailed filing data is available for this year.$4.89$0.00$4.89$0.08$0.17$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.16$0.00$5.16$5.00$0.03$4.97
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.14$0.19$0.31$0.35$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.01$0.23$0.78$0.60$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.03$0.05$0.53$0.51$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.03$0.03$0.46$0.58$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.14$0.16$0.64$0.51$0.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.01$0.03$0.50$0.49$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.06$0.02$0.48$0.50$0.02