ENRICH CHICAGO

EIN: 822005472 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$582,780
Total Expenses
$490,197
Total Assets
$495,727
Net Assets
$473,792
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
IL
Principal Officer
HILESH PATEL
Phone
3123278946
Tax Period
2024-07-01 to 2025-06-30

ENRICH CHICAGO, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $583K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $93K, a strong 16% operating margin.

Mission

ENRICH CHICAGO (ORGANIZATION) IS A CHICAGO-AREA NONPROFIT COMPRISED OF PHILANTHROPIC ORGANIZATIONS (ENRICHERS) THAT ARE COMMITTED TO ANTIRACIST ORGANIZING WITHIN THE ARTS. AS A GROUP, THE ORGANIZATION DIGS DEEPER WITHIN ITS MEMBERSHIP ORGANIZATIONS, AND THE GREATER COMMUNITY TO UNCOVER THE SYSTEMIC RACISM THAT HOBBLES THE FIELD OF PUBLIC CULTURE IN AMERICA. THROUGH BIMONTHLY PARTNER MEETINGS, AFFINITY SPACE GATHERING, PROVIDING UNDOING RACISM WORKSHOPS FOR COMMUNITY LEADERS, AND OTHER PROGRAMMING, THE ORGANIZATION GOES BEYOND TYPICAL DIVERSITY AND CULTURAL SENSITIVITY MODELS TO TRULY ADDRESS THE NEED FOR EQUITY WITHIN THE ARTS. ENRICHERS CONTINUE TO DEDICATE EXTENSIVE AMOUNTS OF TIME AND FINANCIAL RESOURCES TO DEVELOP A COLLECTIVE VISION AND PLAN TO ADDRESS THE ISSUES AND DISMANTLE CURRENT RACIST STRUCTURES TO CREATE NEW SYSTEMS OF COLLABORATION AND EQUITABLE ARTS SPACES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $581,961
Program Service Revenue $0
Investment Income $819
Other Revenue $0
TOTAL REVENUE $582,780

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $263,356
Fundraising Expenses $8,578
Program Expenses $351,029
Other Expenses $221,841
TOTAL EXPENSES $490,197

Year-over-Year Comparison

2024 2023 Change
Revenue $582,780 $489,079 +0.2%
Expenses $490,197 $600,397 -0.2%
Net Income $92,583 $-111,318 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
9

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NORISSA BAILEY CO-CHAIR 0.00
Officer Director
$0 $0 $0
HILESH PATEL CO-CHAIR 0.00
Officer Director
$0 $0 $0
ELLEN PLACEY WADEY TREASURER 0.00
Officer Director
$0 $0 $0
LISA KEY DIRECTOR 0.00
Director
$0 $0 $0
JILL LECESNE POTTER DIRECTOR 0.00
Director
$0 $0 $0
BRAD WHITE DIRECTOR 0.00
Director
$0 $0 $0
MEGHA RALAPHATI DIRECTOR 0.00
Director
$0 $0 $0
KATE DUMBLETON DIRECTOR 0.00
Director
$0 $0 $0
MEIDA MCNEAL DIRECTOR 0.00
Director
$0 $0 $0
TOBY SACHS DIRECTOR 0.00
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
2025 $582,780 $490,197 $495,727 $92,583
2024 $489,079 $600,397 $436,761 $-111,318
2023 $441,203 $684,293 $544,966 $-243,090
2022 $499,869 $696,872 $774,234 $-197,003
2021 $753,690 $637,167 $979,076 $116,523
2020 $602,563 $346,192 $813,446 $256,371
2019 $305,065 $339,502 $536,540 $-34,437
2018 $749,399 $184,679 $574,376 $564,720
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