Storytelling Arts of Indiana

Analysis

Storytelling Arts of Indiana is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 1988, 38 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 June 2023, Storytelling Arts of Indiana reported income of $239k and spending of $226k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $190k to $239k (+26%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Storytelling Arts of Indiana sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include Market Theatre Company ($239k), Dallas Bach Society ($239k) and Hudson Valley Research Laboratory Inc ($239k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $57k (25% of expenses). At year end it held assets of $107k against liabilities of $12k, net assets of $95k. It reported 2 employees.