Dancing Rabbit Music Association

Analysis

Dancing Rabbit Music Association is a registered charity in United States, based in McAlester, OK. It received its IRS tax-exemption ruling in April 2021, 5 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, Dancing Rabbit Music Association reported income of $148k and spending of $204k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $240k to $148k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dancing Rabbit Music Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OK. Charities of a similar size with the same main cause include School Science & Mathematics Association Inc ($148k), Iron Spike Inc ($148k) and Los Angeles Theatre Organ Society ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.