Rainmaker Craft Initiative
- Assets
- $218.8k
- Revenue
- $26.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 46-1821254
Organization Overview
Rainmaker Craft Initiative is located in Portland, OR. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainmaker Craft Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Rainmaker Craft Initiative generated $26.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $21.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAINMAKER CRAFT INITIATIVE IS AN EDUCATIONAL PLATFORM COMMITTED TO CREATIVE INQUIRY FOUNDED ON CRAFT. FOCUSED ON ADVANCING PARTNERSHIPS WITHIN THE GREATER PORTLAND COMMUNITY AND NATIONALLY, RCI EMPHASIZES MATERIAL PRACTICE AND COMMUNITY EXCHANGE. RCI IS DEDICATED TO FOSTERING SOCIALLY CONSCIOUS, CRITICALLY ENGAGED MAKERS ACROSS A SPECTRUM OF MEDIUMS, OUTCOMES AND ASPIRATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Ross Secretary | 3 | $0 | |
Courtney Kemp Director | 3 | $0 | |
Karl Burkheimer President & Treasurer | 5 | $0 | |
Abby Mcgehee Director | 3 | $0 | |
Ryan Burghard Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,691 |
| Interest on Savings | $112 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,875 |
| Total Revenue | $26,678 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $5,698 |
| Occupancy | $2,752 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,642 |
| Total operating and administrative expenses | $21,287 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $21,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,562 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $43,209 |
| Other assets | $0 |
| Total assets | $218,771 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rainmaker Craft Initiative has awarded $4,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NINETY TWENTY STUDIOS PURPOSE: NINETY TWENTY WORKSHOP IS CURRENTLY OFFERING ONLINE COURSES WHICH TEACH JEWELRY MAKING AND METALSMITHING TO A VARIETY OF STUDENT LEVELS, FROM BEGINNING TO ADVANCED. THESE CLASSES ARE OFFERED THROUGH AN ONLINE PLATFORM, PODIA.COM, WHICH TAKES CARE OF ALL THE DETAILS ASSOCIATED WITH OFFERING ONLINE CLASSES. WITH THE SUBSIDY, WE WERE ABLE TO PURCHASE EQUIPMENT, SOFTWARE, AND MEMBERSHIP STATUS TO PRODUCE THIS SERIES OF COURSES. ADDITIONALLY, WE PLAN TO SEEK HELP FROM SOCIAL MEDIA PROFESSIONALS TO AID IN OUR MARKETING NEEDS | $2,500 |
MUDSHARK STUDIOS PURPOSE: THE PURPOSE OF THIS GRANT WAS TO PROVIDE FUNIDNG FOR SUN COMMUNITY SCHOOLS AFTER SCHOOL PROGRAMMING. SPECIFCALLY, IT WAS FOR BRETT BINFORD AND MUDSHARK STUDIOS TO FACILITATE CLAY ZOOM CLASSES WITH STUDENTS. FUNDING PAID FOR STAFFING, MATERIALS AND FIRINGS. | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rainmaker Craft Initiative has recieved totaling $19,000.
| Awarding Organization | Amount |
|---|---|
Ford Family Foundation Roseburg, OR PURPOSE: PROFESSIONAL DEVELOPMENT INITIATIVE | $19,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yerba Buena Center For The Arts San Francisco, CA | $31,419,770 | $23,544,531 |
Festival Of Arts Of Laguna Beach Laguna Beach, CA | $11,626,110 | $10,814,120 |
Wallis Annenberg Center For The Performing Arts Beverly Hills, CA | $86,738,826 | $10,256,946 |
Immigration Institute Of The Bay Area San Francisco, CA | $7,526,224 | $6,922,510 |
Montalvo Association Saratoga, CA | $34,273,816 | $7,481,073 |
First Step Housing Sacramento, CA | $1,058,195 | $4,450,714 |
The Center For Cultural Innovation Los Angeles, CA | $15,572,704 | $5,971,325 |
Alliance For California Traditional Arts Fresno, CA | $2,645,027 | $4,730,784 |
Gray Area Foundation For The Arts San Francisco, CA | $1,951,369 | $4,455,887 |
The Society For The Promotion Of Japanese Animation Corona, CA | $13,619,220 | $9,492,860 |
Community Works West Inc Oakland, CA | $4,260,482 | $3,855,581 |
Stern Grove Festival Association San Francisco, CA | $17,815,194 | $2,202,140 |