Story Tapestries Inc
- Assets
- $398.7k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Poolesville, MD
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 27-3352560
Organization Overview
Story Tapestries Inc is located in Poolesville, MD. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Story Tapestries Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Story Tapestries 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 12/2022, Story Tapestries Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 23.4% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO USE THE ARTS AS A POWERFUL TOOL TO CREATE ACCESSIBLE, OPEN SPACES AND OPPORTUNITIES FOR INDIVIDUALS TO REACH THEIR HIGHEST POTENTIAL AND TO WORK TOGETHER FOR A MORE INCLUSIVE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL BASED: BRINGING ARTS-FOCUSED LEARNING EXPERIENCES INTO THE HANDS OF CHILDREN AND ADULTS BY PROVIDING AN OPPORTUNITY TO EXPLORE SKILLS THROUGH GROUP ACTIVITIES.
COMMUNITY BASED: EMPOWERS, EDUCATES, AND ENGAGES COMMUNITY MEMBERS TO FIND THEIR VOICE THROUGH THE PERFORMING, MEDIA, AND VISUAL ARTS BY COMBINING ARTS, LANGUAGE, AND STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATH)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arianna Ross CEO | Officer | 40 | $116,553 |
Dr Sue Snyder Director | Trustee | 1 | $300 |
Adam Basciano Director | Trustee | 1 | $0 |
Ana Gonzalez Director | Trustee | 1 | $0 |
Mimi Hassanein Director | Trustee | 1 | $0 |
Lawrence Kotcheck Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $644,413 |
| All other contributions, gifts, grants, and similar amounts not included above | $468,247 |
| Noncash contributions included in lines 1a–1f | $5,873 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,112,660 |
| Total Program Service Revenue | $97,610 |
| Investment income | $274 |
| 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 | $1,210,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $116,853 |
| Compensation of current officers, directors, key employees. | $14,590 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $340,024 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,653 |
| Payroll taxes | $35,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,523 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $300,846 |
| Advertising and promotion | $29,750 |
| Office expenses | $25,126 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,815 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,110 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,958 |
| All other expenses | $0 |
| Total functional expenses | $1,002,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $377,978 |
| Savings and temporary cash investments | $13,668 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,077 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $398,723 |
| Accounts payable and accrued expenses | $88,683 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $39,085 |
| Other liabilities | $0 |
| Total liabilities | $127,768 |
| Net assets without donor restrictions | $234,005 |
| Net assets with donor restrictions | $36,950 |
| 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 | $398,723 |