Rabbit Room Inc

Analysis

Rabbit Room Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in July 2016, 10 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, Rabbit Room Inc reported income of $1.7m and spending of $1.9m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.7m (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rabbit Room Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include American Truck Historical Society ($1.7m), Leaf Community Arts ($1.7m) and Media Line Ltd ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $171k (9.0% of expenses). Other salaries and wages came to $422k. At year end it held assets of $2.2m against liabilities of $377k, net assets of $1.8m. It reported 20 employees.