Rtca Inc

Analysis

Rtca Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover science and technology, 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, Rtca Inc reported income of $4.0m and spending of $4.7m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $4.0m (+0.3%), an average of +0.1% a year. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rtca Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 77th percentile within DC. Charities of a similar size with the same main cause include Maryland Hall for the Creative Arts Inc ($4.0m), Lone Star Flight Museum ($4.0m) and Lake City Creative Alliance ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.0m (22% of expenses). Other salaries and wages came to $886k. At year end it held assets of $14.2m against liabilities of $10.2m, net assets of $4.0m. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.