Story & Song Center for Arts & Culture Inc

Analysis

Story & Song Center for Arts & Culture Inc is a registered charity in United States, based in Fern BCH, FL. It received its IRS tax-exemption ruling in December 2022, 4 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, Story & Song Center for Arts & Culture Inc reported income of $412k and spending of $208k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $412k (+254%), an average of +254% a year. The sharpest change came in the year to December 2023, when income rose by 254%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Story & Song Center for Arts & Culture Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Theatre West Virginia Inc ($412k), Journal of Consumer Research ($413k) and Porch Writers Collective ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $246k against liabilities of $6,116, net assets of $240k. It reported 13 employees.