Driehaus Design Initiative

EIN: 271694951 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$5,000,022
Total Expenses
$33,725
Total Assets
$5,158,093
Net Assets
$5,157,108
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Principal Officer
Michelle Molise
Phone
3129328679
Tax Period
2021-01-01 to 2021-12-31

Driehaus Design Initiative, founded in 2010, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.0M in total revenue in fiscal year 2021. Revenue surged 1506% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.0M, a strong 99% operating margin.

Mission

To promote and encourage design education, public appreciation of design, and the understanding of design history.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $5,000,005
Program Service Revenue $0
Investment Income $17
Other Revenue $0
TOTAL REVENUE $5,000,022

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $33,725
TOTAL EXPENSES $33,725

Year-over-Year Comparison

2021 2020 Change
Revenue $5,000,022 $311,281 +15.1%
Expenses $33,725 $348,749 -0.9%
Net Income $4,966,297 $-37,468 -133.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD H DRIEHAUS PRESIDENT & DIRECTOR - 3/9/21 3.0
Officer Director
$0 $0 $0
TRACEY TARANTINO Secretary & Director 3.0
Director
$0 $0 $0
Michelle Molise TREASURER & DIRECTOR 6.0
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $5,000,022 $33,725 $5,158,093 $4,966,297
2020 $311,281 $348,749 $332,854 $-37,468
2019 $782,592 $601,881 $239,240 $180,711
2018 $530,489 $514,736 $74,387 $15,753
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