Louisville Story Program Inc

Analysis

Louisville Story Program Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2016, 10 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, Louisville Story Program Inc reported income of $511k and spending of $379k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $511k (+149%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Louisville Story Program Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within KY. Charities of a similar size with the same main cause include Theatre Tallahassee Inc ($511k), Poinsettia Center for the Arts ($511k) and Sociedad de Investigacion Cientifica Inc ($510k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $66k (17% of expenses). Other salaries and wages came to $161k. At year end it held assets of $562k against liabilities of $3,092, net assets of $558k. It reported 4 employees.