Rhinoleap Productions

Analysis

Rhinoleap Productions is a registered charity in United States, based in Asheboro, NC. It received its IRS tax-exemption ruling in April 2017, 9 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, Rhinoleap Productions reported income of $367k and spending of $434k, spending 118% of what it took in. Across the 5 years on record, from July 2020 to December 2023, income grew from $215k to $367k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rhinoleap Productions sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include San Fernando Valley Chinese Cultural Association ($367k), Greek America Cultural and Educational Foundation Inc ($367k) and Scioto County Childrens Museum Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $132k (31% of expenses). Other salaries and wages came to $109k. At year end it held assets of $30k against liabilities of $20k, net assets of $10k. It reported 3 employees.