Arts, Culture & Humanities
(A52)
IRS Verified
DX Registered
990 on File
THE RABBIT HOLE KC
Financial strength (30%)
61/100
Reliability (20%)
50/100
Effectiveness (25%)
74/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Rabbit hOle is building a major new cultural institution in Kansas City: a visionary center for the children’s book, national in scope, that will preserve, advance, and transmit the art and history of children’s literature to children, parents, and educators for generations to come. Our mission is to create a living culture around literature, accessible to all, that will nourish, empower, and inspire the reading lives of children.
Financial Overview — FY 2023
$1.9M
Total Revenue
$2.7M
Total Expenses
$10.1M
Net Assets
34
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
61.3%
Fundraising Efficiency
N/A
Operating Reserve
44.87x
Liability-to-Asset
27.6%
Revenue Diversification
99.0%
Compared with Peers
FY 2023
Compared with 4,647 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
61.3% | 77.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.1% | 14.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
18.6% | 5.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
44.9 mo | 16.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
27.6% | 10.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.0% | 74.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-58.2% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
40.7% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-39.3% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.9M | $2.7M | $10.1M | 61.3% | 34 |
| 2022 | $4.7M | $1.9M | $10.9M | 55.4% | 0 |
| 2021 | $1.9M | $1.2M | N/A | — | 17 |
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