The Rabbit Hole KC

Analysis

The Rabbit Hole KC is a registered charity in United States, based in N Kansas City, MO. It received its IRS tax-exemption ruling in March 2015, 11 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 December 2023, The Rabbit Hole KC reported income of $1.9m and spending of $2.7m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Rabbit Hole KC sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include Discovery Center of Idaho Inc ($1.9m), The Center for Craft Creativity & Design Inc ($1.9m) and Berks Arts Council ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $14.0m against liabilities of $3.9m, net assets of $10.1m. It reported 34 employees.