Storyknife Writers Retreat

Analysis

Storyknife Writers Retreat is a registered charity in United States, based in Homer, AK. It received its IRS tax-exemption ruling in October 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, Storyknife Writers Retreat reported income of $347k and spending of $320k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $792k to $347k (-56%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 63%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Storyknife Writers Retreat sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within AK. Charities of a similar size with the same main cause include Artspace Inc ($347k), Creative Arts Alliance ($347k) and Tulsa Ballet Theatre Trust Fund ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 10% of the total. Other salaries and wages came to $140k. At year end it held assets of $1.9m against liabilities of $22k, net assets of $1.8m. It reported 3 employees.