Rhythm & Rhymes Art Center

Analysis

Rhythm & Rhymes Art Center is a registered charity in United States, based in Fruitland, ID. It received its IRS tax-exemption ruling in July 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rhythm & Rhymes Art Center reported income of $134k and spending of $106k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $96k to $134k (+39%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rhythm & Rhymes Art Center sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within ID. Charities of a similar size with the same main cause include Limerick Township Historical Societ ($134k), New Tampa Players Inc ($134k) and International School Psychology Association Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 80% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.