THE RABBIT HOLE KC
Mission Statement
The heart of The Rabbit hOle's mission is to create a living culture around literature and art that will nourish, empower, and inspire the reading lives of children and adults. To this end, The Rabbit hOle is creating the world's first Explor-a-Storium: a museum visitor experience unlike any other, in which children and adults can explore stories by engaging with discoverable environments, immersive narrative journeys, curated exhibits, performances, and an evolving array of permanent architectural interventions throughout the space. In conjunction with the Explor-a-Storium, The Rabbit hOle will house a print shop and bindery, a professional library, a theatrical space, and a working bookstore. With an abundance of programming options including theatrical productions, writing and story labs, book-making workshops, and visiting author events and residencies, The Rabbit hOle will serve as a dynamic resource for artistic, literary, and sociocultural discovery for humans of all ages.
Financial Overview — FY 2023
Compared with Peers
FY 2023| 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 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.