THE RICHARD H DRIEHAUS MUSEUM Charity Report

Public IRS 990 nonprofit record

THE RICHARD H DRIEHAUS MUSEUM

EIN 36-4339951 · Museums (A50)

What they do

THE DRIEHAUS MUSEUM ENGAGES and INSPIRES THE GLOBAL COMMUNITY THROUGH EXPLORATION and ONGOING CONVERSATIONS IN ART, ARCHITECTURE, and DESIGN of THE LATE NINETEENTH and EARLY TWENTIETH CENTURIES. ITS PERMANENT COLLECTION and TEMPORARY EXHIBITIONS ARE PRESENTED IN AN IMMERSIVE EXPERIENCE WITHIN THE RESTORED NICKERSON MANSION, COMPLETED IN 1883, AT THE HEIGHT of THE GILDED AGE, and THE 1926 MURPHY AUDITORIUM. THE MUSEUMS COLLECTION REFLECTS and is INSPIRED BY THE COLLECTING INTERESTS, VISION, and FOCUS of ITS FOUNDER, THE LATE RICHARD H. DRIEHAUS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $57.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.69%of revenue went to mission work57.1% of expenses · Program services

5.68%of revenue went to fundraising4.3% of expenses

$132.66spent for every $100 of revenueSpending was higher than revenue this year.

51.29%of revenue went to management and office costs38.7% of expenses

$15.82in assets for every $1 spent this yearSome assets cannot be spent right away.

31.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,920,134 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $284,795 for LISA KEY (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,880,010

Mission workProgram services$4,450,33375.69% of revenue57.1% of expenses

ManagementOffice and general costs$3,016,08051.29% of revenue38.7% of expenses

FundraisingAsking for donations$333,7315.68% of revenue4.3% of expenses

Total expenses$7,800,144132.66% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 57.1% mission · 38.7% management · 4.3% fundraisingTotal expenses: 132.66% of revenue

2023Expense mix: 54.3% mission · 39.1% management · 6.6% fundraisingTotal expenses: 124.22% of revenue

Money in and money out

Revenue$5,880,010

Expenses$7,800,144

Annual shortfall $1,920,134 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,450,333 · 57.1% of expenses

Management and office costs$3,016,080 · 38.7% of expenses

Fundraising$333,731 · 4.3% of expenses

See all reported dollar amounts

Revenue$5,880,010

Expenses$7,800,144

Assets$123,413,021

Income$23,168,286

Contributions$1,867,424

Mission work (program services)$4,450,333

Fundraising$333,731

Management and general$3,016,080

Stocks and bonds$74,275,638

Accounting fees$61,500

Investing fees$402,291

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LISA KEYEXECUTIVE DIRECTOR · 40 hrs/week $284,795Base $275,300 · Other $9,495

NINA YUNGDIR OF DEVELOPMENT & STRATEGY · 40 hrs/week $179,426Base $173,000 · Other $6,426

SALLY-ANN FELGENHAUERDIR OF COLLECTIONS & EXHIBITS · 40 hrs/week $134,933Base $109,414 · Other $25,519

JULIE TREUMANNDIRECTOR OF MARKETING · 40 hrs/week $126,887Base $112,832 · Other $14,055

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

LISA KEYEXECUTIVE DIRECTOR

NINA YUNGDIR OF DEVELOPMENT & STRATEGY

SALLY-ANN FELGENHAUERDIR OF COLLECTIONS & EXHIBITS

JULIE TREUMANNDIRECTOR OF MARKETING

DRIEHAUS TRUST COMPANYMEMBER

GARY METZNERDIRECTOR

GREG CAMERONDIRECTOR

JOSEPH GROMACKITREASURER

LAURA MANDELDIRECTOR

MEREDITH MENDESDIRECTOR

SUNNY FISCHERSECRETARY

ZACHARY LAZARCHAIR

About this charity

Recognized since: January 2024
Location: 50 East Erie Street, Chicago, IL 60611
County: Cook
In care of: Lisa Key
Primary officer: Lisa Key, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(312) 300-5612 Officer phone(312) 932-8675

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: MILLER COOPER & CO LTD
NTEE classification: Museums (A50)
IRS tax category: Museums