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Nonprofit · EIN 27-1756847

DAIRY SCIENCE INSTITUTE INC

Tax-exempt · ROSEMONT, IL 60018

Financials

$5.7M$5.9M2023$4.6M$11.4M2024
Revenue Expenses · by fiscal year end
Financials of DAIRY SCIENCE INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,587,185$11,397,962-$6,810,777$17,035,512$3,528,365$13,507,147
December 31, 2023990$5,726,031$5,893,529-$167,498$23,057,590$2,739,666$20,317,924
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,109,337
of which government grants
$2,533,711
Program service revenue
$0
Investment income
$477,848
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$163,581
Accounting fees
$14,196
Travel
$2,655
Program services (functional)
$11,354,544
Management and general (functional)
$43,418

Balance sheet and other

Total assets, start of year
$23,057,590
Total assets, end of year
$17,035,512
Total liabilities, end of year
$3,528,365
Net assets, end of year
$13,507,147
Net assets without donor restrictions
$841,180
Net assets with donor restrictions
$12,665,967
Gross receipts
$4,587,185
Employees
0
Volunteers
2
Year formed
2010
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Barbara O'BrienPresident, Chair
Trustee or director, Officer
1$0$657,035$60,623
Quinton BailyCFO and Director
Trustee or director, Officer
1$0$459,461$71,400
Marilyn HersheyDirector
Trustee or director
1$0$48,250$0
Mary KraftDirector
Trustee or director
1$0$13,683$0
Becky NymanTreasurer
Trustee or director, Officer
1$0$0$0
Jim ReidSecretary
Trustee or director, Officer
1$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BARBARA O'BRIENPRESIDENT, CHAIR
Trustee or director, Officer
1$0$659,900$57,459
QUINTON BAILYCFO, SECRETARY, TREASURER, DIRECTOR
Trustee or director, Officer
1$0$454,057$70,199
MARILYN HERSHEYDIRECTOR
Trustee or director
1$0$59,000$0
BECKY LEVZOWDIRECTOR
Trustee or director
1$0$0$0
DAVID (SKIP) HARDIEDIRECTOR
Trustee or director
1$0$0$0
ORVILLE MILLERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
10255 W HIGGINS RD STE 900, ROSEMONT, IL 60018-5616
In care of
% QUINTON BAILY
Principal officer (990 for 2024)
QUINTON BAILY, 10255 W HIGGINS RD SUITE 900, ROSEMONT, IL 60018
Signed the 990
QUINTON BAILY, CFO
Phone
(847) 803-2000
Return prepared by
ERNST & YOUNG US LLP

Mission

DAIRY RESEARCH INSTITUTE (DRI) ENGAGES IN DAIRY SCIENCE RESEARCH, STUDY AND ANALYSIS, SHARING FINDINGS AND BEST PRACTICES WITH DAIRY STAKEHOLDERS AND CONSUMERS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE DRI SUSTAINABILITY PROGRAM IS COMMITTED TO SUPPORTING SCIENTIFIC RESEARCH AIMED AT UNDERSTANDING, MEASURING AND IMPROVING THE ENVIRONMENTAL IMPACT OF DAIRY OPERATIONS. SUSTAINABILITY RESEARCH FOCUSES ON GREENHOUSE GASES EMISSION REDUCTION OPPORTUNITIES, LIFE CYCLE ASSESSMENTS, WATER USE EFFICIENCY AND WATER QUALITY, SUSTAINABILITY MEASUREMENT AND REPORTING, AND TECHNOLOGY TRANSFER AND KNOWLEDGE SHARING TO IMPROVE FARM ADVISOR ACCESS TO SCIENCE BASED TECHNICAL RESOURCES. IN 2021, WE LAUNCHED THE "DAIRY SOIL AND WATER REGENERATION" PROJECT, A RESEARCH COLLABORATION WITH DAIRY MANAGEMENT INC (DMI) AND EXTERNAL ORGANIZATIONS THAT SEEKS TO QUANTIFY HOW CERTAIN PRACTICES IMPROVE SOIL HEALTH, REDUCE GREENHOUSE GAS EMISSIONS, AND IMPROVE WATER QUALITY. ANOTHER INITIATIVE, "DAIRY SCALE FOR GOOD", ALSO WORKING WITH DMI AND EXTERNAL RESEARCH ORGANIZATIONS, ESTABLISHES PILOT FARMS ACROSS THE UNITED STATES TO TEST AND IMPLEMENT SUSTAINABLE TECHNOLOGIES AND PRACTICES WITHIN THE DAIRY INDUSTRY. "DAIRY SCALE FOR GOOD" EMPHASIZES EDUCATION, PROVIDING THE DAIRY INDUSTRY WITH PRACTICAL AND EFFICIENT SOLUTIONS TO ACHIEVE THEIR AMBITIOUS GOAL OF NET ZERO EMISSIONS BY 2050. THESE INITIATIVES SERVE THE PUBLIC INTEREST BY PROMOTING ENVIRONMENTAL SUSTAINABILITY AND COMBATING CLIMATE CHANGE AND PROTECTING WATER RESOURCES.
    Expenses $11,332,672
  • LISTERIA RESEARCH CONSORTIUM - THE GOAL OF THIS RESEARCH PROGRAM IS TO PREVENT FOODBORNE ILLNESS BY IDENTIFYING NEW TOOLS TO CONTROL LISTERIA IN DAIRY FOODS AND DAIRY MANUFACTURING FACILITIES. DRI LEADS A GROUP INCLUDING DAIRY COMPANIES AND THE NATIONAL DAIRY COUNCIL WHOSE EXPERTS IDENTIFY AND FUND LONGER TERM RESEARCH IN LISTERIA FUNDAMENTALS, ANTIMICROBIALS, MICROBIOME, AND ENVIRONMENTAL CONTROLS.
    Expenses $21,872

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-1756847
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,035,512
Income (IRS master file)
$4,587,185

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,587,185$11,397,962$17,035,512XML
990December 2023$5,726,031$5,893,529$23,057,590XML
990December 2022$4,318,191$5,079,774$22,817,697IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1756847).

Questions about DAIRY SCIENCE INSTITUTE INC

What is the EIN of DAIRY SCIENCE INSTITUTE INC?
The employer identification number (EIN) of DAIRY SCIENCE INSTITUTE INC is 27-1756847.
Is DAIRY SCIENCE INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to DAIRY SCIENCE INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DAIRY SCIENCE INSTITUTE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DAIRY SCIENCE INSTITUTE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DAIRY SCIENCE INSTITUTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DAIRY SCIENCE INSTITUTE INC?
The 990 for the year ended December 31, 2024 names QUINTON BAILY.
Who are the officers and directors of DAIRY SCIENCE INSTITUTE INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does DAIRY SCIENCE INSTITUTE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,587,185, expenses of $11,397,962 and total assets of $17,035,512 at year end.

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