R E S P E C T 2

Analysis

R E S P E C T 2 is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, R E S P E C T 2 reported income of $301k and spending of $363k, spending 121% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $329k to $301k (-8.5%), an average of -2.9% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, R E S P E C T 2 sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NE. Charities of a similar size with the same main cause include Pacific Chamber Orchestra ($301k), Friends of Chinese Reformed Theological Seminaries ($301k) and Silence Is Violence ($301k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 95% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $235k (65% of expenses). Other salaries and wages came to $48k. It paid $2,158 in professional fundraising fees. At year end it held assets of $220k against liabilities of $3,339, net assets of $217k. It reported 16 employees.