Rock Central Inc

Analysis

Rock Central Inc is a registered charity in United States, based in Lake Geneva, WI. It received its IRS tax-exemption ruling in February 2018, 8 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rock Central Inc reported income of $197k and spending of $192k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $687k to $197k (-71%), an average of -46% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rock Central Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within WI. Charities of a similar size with the same main cause include Hri Foundation ($197k), Hilton Head Dance Theatre ($197k) and Public Media of New England Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $17k (8.9% of expenses). Other salaries and wages came to $106k. At year end it held assets of $19k against liabilities of $5,009, net assets of $14k. It reported 11 employees.