Storycorps Inc
- Assets
- $16.6m
- Revenue
- $12.1m
- Investments
- $0.0
- Employees
- 135
- Location
- Brooklyn, NY
- Founding
- 08/1994
- Data as of
- 12/2021
- EIN
- 13-3753011
Organization Overview
Storycorps Inc is located in Brooklyn, NY. The organization was established in 1994. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Storycorps Inc employed 135 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Storycorps Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Storycorps Inc generated $12.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $13.0m during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Storycorps Inc has awarded 13 individual grants totaling $459,378. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
STORYCORPS' MISSION IS TO PRESERVE AND SHARE HUMANITY'S STORIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STORYCORPS WAS FOUNDED IN 2003 WITH THE MISSION TO PRESERVE AND SHARE HUMANITY'S STORIES TO BUILD CONNECTIONS BETWEEN PEOPLE AND CREATE A MORE JUST AND COMPASSIONATE WORLD. OVER THE PAST 19 YEARS, STORYCORPS PROVIDED MORE THAN 600,000 PEOPLE FROM ALL 50 UNITED STATES WITH VITAL OPPORTUNITIES TO RECORD INTERVIEWS ABOUT THEIR LIVES, PASS WISDOM FROM ONE GENERATION TO THE NEXT, AND LEAVE A LEGACY FOR THE FUTURE IN ITS ARCHIVE AT THE AMERICAN FOLKLIFE CENTER AT THE U.S. LIBRARY OF CONGRESS. STORYCORPS PRODUCES AND SHARES EDITED SEGMENTS OF SELECT INTERVIEWS WITH A NATIONAL AUDIENCE OF TENS-OF-MILLIONS THROUGH ITS WEEKLY BROADCASTS ON NPR'S MORNING EDITION, ANIMATIONS, AND PODCASTS SHARED ON DIGITAL AND PUBLIC MEDIA (SEE SCHEDULE O FOR FULL DESCRIPTION).STORYCORPS' WORK HAS BEEN WIDELY RECOGNIZED WITH SEVERAL GEORGE FOSTER PEABODY AWARDS, A MACARTHUR AWARD FOR CREATIVE AND EFFECTIVE INSTITUTIONS, AND THE TED PRIZE.IN 2021, STORYCORPS PARTNERED WITH HUNDREDS OF ORGANIZATIONS TO CONDUCT OVER 21,500 INTERVIEWS WITH OVER 39,000 PEOPLE IN TOWNS AND CITIES ACROSS THE UNITED STATES, 44% OF WHOM SELF-IDENTIFIED AS COMING FROM AN HISTORICALLY-UNDERREPRESENTED GROUP. WHILE ALL STORYCORPS INTERVIEWS WERE HISTORICALLY RECORDED FACE-TO-FACE, IN RESPONSE TO THE COVID-19 PANDEMIC, STORYCORPS RAPIDLY DEVELOPED A NEW PLATFORM FOR REMOTE INTERVIEWS, CALLED STORYCORPS CONNECT, TO CONTINUE ITS MISSION-DRIVEN ACTIVITIES. IN ADDITION TO THE INTERVIEWS FACILITATED DIRECTLY BY STORYCORPS, PARTICIPANTS UPLOADED AN ADDITIONAL 19,188 CONVERSATIONS USING CONNECT OR OUR FREE, MOBILE APP. MILLIONS MORE PEOPLE EXPERIENCED STORYCORPS' MULTIMEDIA CONTENT THROUGH ITS WEEKLY NPR BROADCASTS, ANIMATIONS, PODCASTS, AND DIGITAL PLATFORMS, AND ITS COMMUNICATION EFFORTS AND DISTRIBUTION PARTNERSHIPS HELPED INCREASE STORYCORPS' EXPOSURE WITH NEW AUDIENCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Isay President | OfficerTrustee | 50 | $215,281 |
Lisa Stein Chief Financial & Admin. O | Officer | 50 | $170,142 |
Lisa Gale Chief Program Officer | 50 | $159,462 | |
Robin Sparkman Chief Executive Officer | OfficerTrustee | 50 | $157,236 |
Martin Olson Managing Director Of D&t | 50 | $155,857 | |
Jeremy Burke Director Finance | 50 | $137,319 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Echobind Llc Development Services | 12/30/21 | $239,500 |
Ace And Son Moving Picture Company Llc Animation Services | 12/30/21 | $290,875 |
Reasonance Campaigns Llc Marketing And Communications | 12/30/21 | $141,513 |
Ellen Kim Gerstman Development Services | 12/30/21 | $121,000 |
Lisa Sock And Associates Fundraising Services | 12/30/21 | $109,002 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,422,350 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,113,356 |
| Noncash contributions included in lines 1a–1f | $60,862 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,535,706 |
| Total Program Service Revenue | $1,570,851 |
| Investment income | $14,466 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,121,023 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $231,378 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $656,933 |
| Compensation of current officers, directors, key employees. | $66,244 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,739,228 |
| Pension plan accruals and contributions | $72,571 |
| Other employee benefits | $865,569 |
| Payroll taxes | $557,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $74,625 |
| Fees for services: Accounting | $65,942 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $109,002 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,239,933 |
| Advertising and promotion | $324,383 |
| Office expenses | $142,935 |
| Information technology | $403,019 |
| Royalties | $0 |
| Occupancy | $404,732 |
| Travel | $115,518 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $57,971 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,512 |
| Insurance | $63,467 |
| All other expenses | $47,860 |
| Total functional expenses | $12,950,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,585,151 |
| Savings and temporary cash investments | $6,011,582 |
| Pledges and grants receivable | $3,698,048 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $58,892 |
| Net Land, buildings, and equipment | $357,251 |
| Investments—publicly traded securities | $3,819,825 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,121 |
| Total assets | $16,608,870 |
| Accounts payable and accrued expenses | $842,733 |
| Grants payable | $0 |
| Deferred revenue | $253,492 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $912,141 |
| Other liabilities | $0 |
| Total liabilities | $2,008,366 |
| Net assets without donor restrictions | $9,898,890 |
| Net assets with donor restrictions | $4,701,614 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,608,870 |
Grants Awarded
Over the last fiscal year, Storycorps Inc has awarded $231,378 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Stillwater, OK PURPOSE: SUPPORT | $38,000 |
Colchester, VT PURPOSE: SUPPORT | $38,000 |
Clovis, CA PURPOSE: SUPPORT | $38,000 |
Garden City, KS PURPOSE: SUPPORT | $38,000 |
Reno, NV PURPOSE: SUPPORT | $38,000 |
Anchorage, AK PURPOSE: SUPPORT | $35,378 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Storycorps Inc has recieved totaling $325,100.
| Awarding Organization | Amount |
|---|---|
Kaplen Brothers Fund Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $300,000 |
Colley Foundation Tr San Francisco, CA PURPOSE: GENERAL FUND | $25,000 |
Alchemy Foundation Cambridge, MA PURPOSE: GENERAL SUPPORT | $100 |
Endowment Analysis
| Net Contributions | $8,000,000 |
| Ending Balance | $8,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Universal Communications Network Inc New York, NY | $23,705,014 | $36,204,062 |
Downtown Community Television Center Inc New York, NY | $12,160,508 | $18,067,924 |
Storycorps Inc Brooklyn, NY | $16,608,870 | $12,121,023 |
Eastern Educational Television Network Inc Boston, MA | $16,514,282 | $14,535,811 |
Independence Public Media Of Philadelphia Inc Philadelphia, PA | $114,645,232 | $6,898,202 |
Lehigh Valley Public Telecommunications Corp Bethlehem, PA | $43,912,817 | $9,323,671 |
Vermont Etv Inc Winooski, VT | $65,912,701 | $9,345,245 |
Manhattan Community Access Corporat Ion New York, NY | $36,696,255 | $8,423,391 |
Northeastern Pennsylvania Educational Television Association Pittston, PA | $33,133,906 | $6,320,974 |
St Lawrence Valley Educational Television Council Inc Watertown, NY | $2,869,491 | $2,752,985 |
Connecticut Public Affairs Network Inc Hartford, CT | $1,634,043 | $2,736,017 |
Philadelphia Public Access Corporation Philadelphia, PA | $5,102,264 | $1,817,054 |