Rhythmix Cultural Works

Analysis

Rhythmix Cultural Works is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in December 1999, 27 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, Rhythmix Cultural Works reported income of $599k and spending of $565k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $460k to $599k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rhythmix Cultural Works sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Living Arts & Science Center Inc ($599k), Area Agencies on Aging Association of Michigan ($599k) and Musics Promise ($598k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $37k (6.6% of expenses). Other salaries and wages came to $293k. At year end it held assets of $625k against liabilities of $178k, net assets of $447k. It reported 13 employees.