Unreported Story Society

Analysis

Unreported Story Society is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Unreported Story Society reported income of $1.5m and spending of $1.6m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $860k to $1.5m (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 158%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Unreported Story Society sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Hui Hooleimaluo ($1.5m), Wheelwright Museum of the American Indian ($1.5m) and Georgia Public Policy Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $462k (29% of expenses). Other salaries and wages came to $410k. At year end it held assets of $1.3m against liabilities of $44k, net assets of $1.3m. It reported 4 employees.