River Raisin Ragtime Revue

Analysis

River Raisin Ragtime Revue is a registered charity in United States, based in Tecumseh, MI. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, River Raisin Ragtime Revue reported income of $209k and spending of $89k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $209k (+337%), an average of +337% a year. The sharpest change came in the year to December 2023, when income rose by 337%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, River Raisin Ragtime Revue sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Fireweed Community Woodshop ($209k), MCM Productions ($209k) and Aampa African American Museum of Performing Arts Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.