Rabbit Room Inc / The Rabbit Room

The information on this page was last updated 6/27/2023. If you see errors or omissions, please email: [email protected]


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
188 Front Street
Suite 166-44
Franklin, TN 37064

Website: rabbitroom.com

Phone: 615-390-7083

Email: [email protected]


Organization details

EIN: 475081441

CEO/President: Andrew Peterson / Pete Peterson

Chairman: Andrew Peterson

Board size: 7

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's primary objective is to develop a Christ-centered community that fosters spiritual formation through music, art, and story, and provide that to the public through events and other media, enabling growth in their faith and relationships.


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

Donor confidence score

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Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating656 of 110430 of 60
Fund acquisition rating373 of 110518 of 60
Resource allocation rating687 of 110532 of 60
Asset utilization rating768 of 110444 of 60

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%1%15%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%0%8%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
81%22%53%23%33%24%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%0%7%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
19%78%47%77%67%76%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%81%70%100%100%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%86%110%85%69%80%
Program output ratio Program output ratio =
Program services /
Total revenue
78%70%77%85%69%63%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%14%-10%15%31%20%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%13%-5%36%77%79%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%18%23%0%0%20%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.020.680.441.541.292.21
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.401.631.701.881.771.37
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.441.100.752.912.273.03
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.904.083.2523274.1714207.219391.28
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.250.310.000.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.118.2411.064.135.283.96
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
12%15%24%24%26%29%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%6%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
82%126%171%49%57%32%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$761,568$611,234$825,410$596,703$237,030
Receivables, inventories, prepaids$710,350$770,201$12,460$0$101,056
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,471,918$1,381,435$837,870$596,703$338,086
Long-term investments$0$0$0$0$0
Fixed assets$923,754$960,955$487,542$456,842$0
Other long-term assets$0$0$253,159$0$124,541
Total long-term assets$923,754$960,955$740,701$456,842$124,541
Total assets$2,395,672$2,342,390$1,578,571$1,053,545$462,627
 
Liabilities20222021202020192018
Payables and accrued expenses$360,931$425,500$36$42$36
Other current liabilities$0$0$0$0$0
Total current liabilities$360,931$425,500$36$42$36
Debt$0$140,077$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$374,059$278,848$133,130
Total long-term liabilities$0$140,077$374,059$278,848$133,130
Total liabilities$360,931$565,577$374,095$278,890$133,166
 
Net assets20222021202020192018
Without donor restrictions$1,594,300$1,356,573$0$0$0
With donor restrictions$440,441$420,240$0$0$0
Net assets$2,034,741$1,776,813$1,204,476$774,655$329,461
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$419,831$497,373$660,035$650,636$307,918
Program service revenue$849,208$616,447$2,205,997$1,304,686$977,023
Membership dues$0$0$125$0$0
Investment income$0$0$0$0$0
Other revenue$605,995($172,553)$0$0$0
Total other revenue$1,455,203$443,894$2,206,122$1,304,686$977,023
Total revenue$1,875,034$941,267$2,866,157$1,955,322$1,284,941
 
Expenses20222021202020192018
Program services$1,316,981$725,543$2,436,336$1,356,133$815,555
Management and general$295,191$236,285$0$0$208,209
Fundraising$4,934$75,222$0$0$0
Total expenses$1,617,106$1,037,050$2,436,336$1,356,133$1,023,764
 
Change in net assets20222021202020192018
Surplus (deficit)$257,928($95,783)$429,821$599,189$261,177
Other changes in net assets$0$0$0$0$0
Total change in net assets$257,928($95,783)$429,821$599,189$261,177

Compensation

NameTitleCompensation
Arthur Pete PetersonVice President$74,868
Andrew PetersonPresident$44,812

Compensation data as of: 12/31/2022


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 6/27/2023. To update the information below, please email: [email protected]


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