Richard H Driehaus Art Exhibition Lending Foundation
- Assets
- $110.5m
- Revenue
- $738.7k
- Investments
- $36.0m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2023
- EIN
- 88-1650059
Organization Overview
Richard H Driehaus Art Exhibition Lending Foundation is located in Chicago, IL. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard H Driehaus Art Exhibition Lending Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Richard H Driehaus Art Exhibition Lending Foundation generated $738.7k in total revenue. All expenses for the organization totaled $1.5m during the year ending 12/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE, MAINTAIN, EXHIBIT, AND ACQUIRE (A) ART AND ARCHITECTURE ITEMS AND MATERIALS AND (B) ANTIQUE AND CLASSIC AUTOMOBILES AND TO LOAN ITEMS TO MUSEUMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Van Osdol President/director | 0 | $0 | |
Brent Outinen Treasurer | 0 | $0 | |
Monica Cruz Secretary | 0 | $0 | |
Stephen Weber Director | 0 | $0 | |
Michael Gallo Director | 0 | $0 | |
Mark Hooper Antique Auto Mech | 40 | $86,819 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Driehaus Enterprise Management Inc | 12/30/23 | $775,476 |
Miller Cooper & Co Ltd | 12/30/23 | $76,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $196,325 |
| Interest on Savings | $233,570 |
| Dividends & Interest | $930,789 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$635,783 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,823 |
| Total Revenue | $738,724 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $271,410 |
| Pension plans, employee benefits | $41,196 |
| Interest | $0 |
| Taxes | $29,520 |
| Depreciation | $0 |
| Occupancy | $5,829 |
| Travel, conferences, and meetings | $19,606 |
| Printing and publications | $0 |
| Other expenses | $208,089 |
| Total operating and administrative expenses | $1,538,744 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,538,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,531,077 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $57,954 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,137,864 |
| Net Land, buildings, and equipment | $58,300 |
| Other assets | $70,873,372 |
| Total assets | $110,485,066 |
| Accounts payable and accrued expenses | $118,902 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $967,466 |
| Total liabilities | $1,086,368 |