Rhode Island Black Story Tellers

Analysis

Rhode Island Black Story Tellers is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Rhode Island Black Story Tellers reported income of $337k and spending of $296k, spending 88% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $263k to $337k (+28%), an average of +28% a year. The sharpest change came in the year to September 2023, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rhode Island Black Story Tellers sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within RI. Charities of a similar size with the same main cause include Seasteading Institute ($337k), Preservation Worcester Inc ($337k) and Polk County Fair & Rodeo Association ($337k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $54k (18% of expenses). Other salaries and wages came to $20k. At year end it held assets of $182k against liabilities of $1,600, net assets of $180k. It reported 2 employees.