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 rating1057 of 108558 of 58
Fund acquisition rating955 of 108849 of 58
Resource allocation rating1016 of 108853 of 58
Asset utilization rating911 of 108552 of 58

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%15%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%8%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
82%53%23%33%24%17%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%7%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
18%47%77%67%76%83%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%70%100%100%80%100%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%110%85%69%80%89%
Program output ratio Program output ratio =
Program services /
Total revenue
77%77%85%69%63%89%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%-10%15%31%20%11%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%-5%36%77%79%65%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%23%0%0%20%0%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.010.441.541.292.214.37
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.401.701.881.771.371.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.440.752.912.273.034.37
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.253.2523274.1714207.219391.280.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.310.000.000.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.0611.064.135.283.962.75
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%24%24%26%29%16%
Debt ratio Debt ratio =
Debt /
Total assets
0%6%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
93%171%49%57%32%19%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$611,234$825,410$596,703$237,030$130,926
Receivables, inventories, prepaids$770,201$12,460$0$101,056$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,381,435$837,870$596,703$338,086$130,926
Long-term investments$0$0$0$0$0
Fixed assets$960,955$487,542$456,842$0$0
Other long-term assets$0$253,159$0$124,541$0
Total long-term assets$960,955$740,701$456,842$124,541$0
Total assets$2,342,390$1,578,571$1,053,545$462,627$130,926
 
Liabilities20212020201920182017
Payables and accrued expenses$425,500$36$42$36$0
Other current liabilities$0$0$0$0$0
Total current liabilities$425,500$36$42$36$0
Debt$140,077$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$374,059$278,848$133,130$21,133
Total long-term liabilities$140,077$374,059$278,848$133,130$21,133
Total liabilities$565,577$374,095$278,890$133,166$21,133
 
Net assets20212020201920182017
Without donor restrictions$1,356,573$0$0$0$0
With donor restrictions$420,240$0$0$0$0
Net assets$1,776,813$1,204,476$774,655$329,461$109,793
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$497,373$660,035$650,636$307,918$106,956
Program service revenue$616,447$2,205,997$1,304,686$977,023$513,092
Membership dues$0$125$0$0$0
Investment income$0$0$0$0$0
Other revenue($172,553)$0$0$0$23,485
Total other revenue$443,894$2,206,122$1,304,686$977,023$536,577
Total revenue$941,267$2,866,157$1,955,322$1,284,941$643,533
 
Expenses20212020201920182017
Program services$725,543$2,436,336$1,356,133$815,555$571,928
Management and general$236,285$0$0$208,209$0
Fundraising$75,222$0$0$0$0
Total expenses$1,037,050$2,436,336$1,356,133$1,023,764$571,928
 
Change in net assets20212020201920182017
Surplus (deficit)($95,783)$429,821$599,189$261,177$71,605
Other changes in net assets$0$0$0$0$0
Total change in net assets($95,783)$429,821$599,189$261,177$71,605

Compensation

NameTitleCompensation
Pete PetersonVice Preside$71,092
Andrew PetersonPresident$44,510

Compensation data as of: 12/31/2021


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