Enrich Chicago
Nonprofit profile at a glance
- EIN
- 822005472
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Chicago, IL, USA
- Phone
- 3123278946
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $582,780
- Expenses
- $490,197
- Assets
- $495,727
- Liabilities
- $21,935
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- NORISSA BAILEY (CO-CHAIR)
- HILESH PATEL (CO-CHAIR)
- ELLEN PLACEY WADEY (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Enrich chicago (organization) is a chicagoarea 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.
What it reported doing in 2024
Enrich chicago sponsors quarterly anti-racism workshops with leading national training organizations for arts leaders throughout chicago. These intensive workshops provide participants with a framework for understanding systemic racism and it's historic and contemporary manifestations in the united states and within the arts sector in particular. In addition to these sessions, enrich chicago offers community spaces for continued learning and anti-racism organizing.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 62
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.3%; rating input score 60
- Program expense ratio: 71.6%; rating input score 72
- Fundraising efficiency: $67.84 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.9%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 9.1% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: -2.1% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -3.8% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 60.3% of revenue deployed · 71.6% of spending went to programs
- Governance: 10 of 10 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $351K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.