Rainmaker Craft Initiative
- Assets
- $189.0k
- Revenue
- $3.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 09/2015
- Data as of
- 12/2023
- 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 12/2023, Rainmaker Craft Initiative generated $3.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (29.9%) each year. All expenses for the organization totaled $23.9k during the year ending 12/2023. 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
2023
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 |
|---|---|---|---|
Abby Mcgehee President | 5 | $0 | |
Karl Burkheimer Secretary And Treasurer | 3 | $0 | |
Ryan Burghard Director | 3 | $0 | |
Sara Huston Director | 3 | $0 | |
Courtney Kemp Director | 3 | $0 | |
Joshua Smith Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,400 |
| Interest on Savings | $150 |
| 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 | $1,737 |
| Total Revenue | $3,287 |
| 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 | $2,592 |
| Travel, conferences, and meetings | $337 |
| Printing and publications | $0 |
| Other expenses | $7,646 |
| Total operating and administrative expenses | $23,938 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $23,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,230 |
| 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 | $31,813 |
| Other assets | $0 |
| Total assets | $189,043 |
| 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 $2,200 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BRETT BINFORD PURPOSE: THE GRANT WAS AWARD TO BRETT BINFORD FOR THE PURPOSE OF EXPANDING CRAFT EDUCATION. IN PARTICULAR, THE 2022 GRANT TO BRETT IS AN ONGOING FUNDING FOR MATERILAS AND OVERHEAD COST FOR BRETT TO EXPOSED CHILDREN INROLLED IN CERRAMIC CLASSES FOR SUN COMMUNITY SCHOOL. | $2,000 |
ALLIANCE OF OREGON COLLEGE OF ART AND CRAFT ALUMNI PURPOSE: IN SUPPORT OF THEIR ANNUAL HOLIDAY SALE FUNDRAISER. | $200 |