Storycenter

Analysis

Storycenter is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in February 1981, 45 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 June 2024, Storycenter reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.2m (+5.0%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 45%. 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, Storycenter sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Western Economic Association International ($1.2m), Future Roots Inc ($1.2m) and Black Archives History & Research Foundation of South Florida Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $226k (17% of expenses). Other salaries and wages came to $299k. At year end it held assets of $912k against liabilities of $629k, net assets of $282k. It reported 7 employees.