The Society for the Re-Institutionalization of Storyte

Analysis

The Society for the Re-Institutionalization of Storyte is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, The Society for the Re-Institutionalization of Storyte reported income of $89k and spending of $96k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $89k (-1.1%), an average of -1.1% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Society for the Re-Institutionalization of Storyte sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Dorothy Ramon Learning Center Inc ($88k), Helping Enrich the Arts of Port Washington Inc ($89k) and Downtown Sarasota Alliance Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. At year end it held assets of $19k against liabilities of $97, net assets of $19k.