Rainbow Center
- Assets
- $418.5k
- Revenue
- $589.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Tacoma, WA
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 91-1859897
Organization Overview
Rainbow Center is located in Tacoma, WA. The organization was established in 1998. According to its NTEE Classification (R26) the organization is classified as: Lesbian & Gay Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Rainbow Center employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainbow Center 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, Rainbow Center generated $589.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $608.7k during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH EDUCATION, ADVOCACY AND CELEBRATION, THE RAINBOW CENTER EXPANDS RESOURCE AND SAFE SPACE FOR THE LGBTQA COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TACOMA PRIDE FESTIVAL HONORS THE LGBTQA COMMUNITY BY FOSTERING PRIDE IN WHO WE ARE AS VALUABLE, CREATIVE MEMBERS OF A DIVERSE POPULATION IN THE SOUTH PUGET SOUND REGION BY CURATING CULTURAL EVENTS, ESTABLISHING PARTNERSHIPS AND HOSTING TACOMA PRIDE, FORMERLY OUT IN THE PARK, AN OUTDOOR FESTIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy Christensen Executive Director | Officer | 40 | $122,396 |
Dixie Mo Treasurer | OfficerTrustee | 2 | $0 |
Jacob Charleson Vice President | OfficerTrustee | 2 | $0 |
Jen Rude Secretary | OfficerTrustee | 2 | $0 |
Kaisa Lightfoot President | OfficerTrustee | 2 | $0 |
Lauren Angelo Director | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $241,715 |
| All other contributions, gifts, grants, and similar amounts not included above | $193,062 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $434,777 |
| Total Program Service Revenue | $90,232 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $64,158 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $589,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,396 |
| Compensation of current officers, directors, key employees. | $122,396 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $224,930 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,467 |
| Payroll taxes | $33,433 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,411 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $16,484 |
| Information technology | $5,690 |
| Royalties | $0 |
| Occupancy | $50,499 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,767 |
| Insurance | $8,411 |
| All other expenses | $239 |
| Total functional expenses | $608,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,675 |
| Savings and temporary cash investments | $147,712 |
| Pledges and grants receivable | $20,000 |
| Accounts receivable, net | $1,084 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $54,002 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,997 |
| Total assets | $418,470 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24 |
| Total liabilities | $24 |
| Net assets without donor restrictions | $459,346 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $418,470 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Rainbow Center has recieved totaling $105,204.
| Awarding Organization | Amount |
|---|---|
Greater Tacoma Community Foundation Tacoma, WA PURPOSE: OPERATING SUPPORT, PROGRAM SUPPORT | $27,500 |
Group Health Foumdaiton Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Pride Foundation Seattle, WA PURPOSE: SUPPORT LGBT COMMUNITY | $15,000 |
Ben B Cheney Foundation Inc Tacoma, WA PURPOSE: WORKSTATION REPLACEMENT | $14,000 |
Puget Sound Energy Foundation Wilmington, DE PURPOSE: CARING WITH PRIDE | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,032 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pride Foundation Seattle, WA | $48,670,409 | $8,851,157 |
Utopia Pdx - United Territories Of Pacific Islanders Alliance Portlan Portland, OR | $596,084 | $1,396,358 |
Basic Rights Education Fund Portland, OR | $1,138,743 | $986,817 |
Rainbow Center Tacoma, WA | $418,470 | $589,172 |
Gender Odyssey Alliance Seattle, WA | $598,792 | $543,370 |
Choosing Our Roots Anchorage, AK | $280,707 | $514,476 |
Gender Justice League Seattle, WA | $122,383 | $219,496 |
Portland Leather Alliance Portland, OR | $179,037 | $0 |
Reckoning Trade Project Tacoma, WA | $34,811 | $0 |
Freedhearts Inc Federal Way, WA | $0 | $0 |
Rainbow Community Center Olympia Olympia, WA | $168 | $0 |
Parents Families And Friends Of Lesbians And Gays Inc Marysville, WA | $164,344 | $0 |