Rabbit Room Inc / The Rabbit Room

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/16/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Music: From the beginning, music has been a central gathering point for the Rabbit Room community. Whether through live events like the Local Show, new releases from favorite artists, or the discovery of fresh new talent, we believe music brings people together.

Story: Through books, movies, theater, and other media, the magic of storytelling has the power to shape not only our minds, but the world around us. And story, like music, has the kind of magic that not only draws people closer to one another, but draws them further up and further into the great Story.

Art: Painting, gardening, pottery, woodcraft, parenting, cooking--whenever we spend our energy in creative action, art is the result. And it's these creative acts, large and small, that remind us we are ourselves the work of a Creator. Art is sacramental, pointing us toward the Truth present in every atom of Creation.


Contact information

Mailing address:
The Rabbit Room
3321 Stephens Hill Ln
Cane Ridge, TN 37013

Website: rabbitroom.com

Phone:

Email: info@rabbitroom.com


Organization details

EIN: 475081441

CEO/President: Andrew Peterson / Pete Peterson

Chairman: Chris Wall

Board size: 9

Founder: Andrew Peterson

Ruling year: 2016

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

The Rabbit Room fosters Christ-centered community and spiritual formation through music, story, and art.


Mission statement

The Rabbit Room cultivates and curates stories, music, and art to nourish Christ-centered communities for the life of the world.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating70 of 10108 of 76
Fund acquisition rating254 of 101215 of 76
Resource allocation rating19 of 10121 of 76
Asset utilization rating329 of 101027 of 76

Financial ratios

Funding ratiosSector median2019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
85%33%13%17%10%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
15%67%87%83%90%
 
Operating ratiosSector median2019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%100%100%100%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%69%94%89%89%
Program output ratio Program output ratio =
Program services /
Total revenue
74%69%94%89%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%31%6%11%11%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%77%37%65%100%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%0%0%0%7%
 
Investing ratiosSector median2019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.041.295.334.377.80
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.461.771.001.001.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.642.275.334.377.80
 
Liquidity ratiosSector median2019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
12.3214207.215462.080.000.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.000.000.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.855.282.252.751.54
 
Solvency ratiosSector median2019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%26%11%16%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
79%57%17%19%13%

Financials

Balance sheet
 
Assets2019201820172016
Cash$596,703$196,635$130,926$38,188
Receivables, inventories, prepaids$0$0$0$0
Short-term investments$0$0$0$0
Other current assets$0$0$0$0
Total current assets$596,703$196,635$130,926$38,188
Long-term investments$0$0$0$0
Fixed assets$456,842$0$0$0
Other long-term assets$0$0$0$0
Total long-term assets$456,842$0$0$0
Total assets$1,053,545$196,635$130,926$38,188
 
Liabilities2019201820172016
Payables and accrued expenses$42$36$0$0
Other current liabilities$0$0$0$0
Total current liabilities$42$36$0$0
Debt$0$0$0$0
Due to (from) affiliates$0$0$0$0
Other long-term liabilities$278,848$21,133$21,133$0
Total long-term liabilities$278,848$21,133$21,133$0
Total liabilities$278,890$21,169$21,133$0
 
Net assets2019201820172016
Without donor restrictions$0$0$0$0
With donor restrictions$0$0$0$0
Net assets$774,655$175,466$109,793$38,188
 
Revenues and expenses
 
Revenue2019201820172016
Total contributions$650,636$149,087$106,956$33,590
Program service revenue$1,304,686$964,386$513,092$302,283
Membership dues$0$0$0$0
Investment income$0$0$0$0
Other revenue$0$0$23,485$0
Total other revenue$1,304,686$964,386$536,577$302,283
Total revenue$1,955,322$1,113,473$643,533$335,873
 
Expenses2019201820172016
Program services$1,356,133$1,047,800$571,928$277,406
Management and general$0$0$0$20,279
Fundraising$0$0$0$0
Total expenses$1,356,133$1,047,800$571,928$297,685
 
Change in net assets2019201820172016
Surplus (deficit)$599,189$65,673$71,605$38,188
Other changes in net assets$0$0$0$0
Total change in net assets$599,189$65,673$71,605$38,188

Compensation

NameTitleCompensation
Pete PetersonVice Preside$49,386
Andrew PetersonPresident$35,370

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 12/16/2021. To update the information below, please email: info@ministrywatch.com


History

The Rabbit Room was conceived as an experiment in creative community. After author/singer/songwriter Andrew Peterson's first visit to the Oxford home of C. S. Lewis, he returned to Nashville with a conviction that community nourishes good and lasting work. The Rabbit Room, the name of the back room of the pub where the Oxford Inklings (including Lewis, Tolkien, and Charles Williams) shared their stories, began as a simple blog of contributing authors, songwriters, artists, and pastors.

Over the years, with the help of Andrew's brother, author A. S. "Pete" Peterson, as well as encouragement from the loyal Rabbit Room contributors and readers, the Rabbit Room has grown to include podcasts, a thriving music and book store, Rabbit Room Press, a yearly conference called Hutchmoot, The Local Show, and an office in a 150-year-old farmhouse called North Wind Manor.


Program accomplishments


Needs