Overview
What is Stories Matter Foundation?
The Stories Matter Foundation is a nonprofit organization situated in Chicago, Illinois, with a mailing address at 4043 N Ravenwood Ave 222, 60613. Their primary focus is on fostering communities of storytellers, equipping them with the skills to question, explore, celebrate, and instigate change in their worlds through the power of storytelling. They offer a variety of courses throughout the year, ranging from one-night sessions to year-long programs, specializing in creative writing for adults. With a small team of four dedicated individuals, the Stories Matter Foundation is committed to utilizing the transformative potential of storytelling to shape and influence their communities.
Official website here: www.storystudiochicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Stories Matter Foundation has received a solid score of 86%, which reflects its commitment to accountability and financial transparency. With 100% of its board members being independent, the organization demonstrates a strong governance structure. Its financial health is bolstered by a low liabilities to assets ratio of 16.16%, indicating sound fiscal management.
The organization allocates a significant portion of its budget to its programs, with a program expense ratio of 70.18%. This suggests that a majority of funds are directed toward fulfilling its mission, which is a positive indicator for potential donors and supporters. Furthermore, the foundation adheres to best practices by having an audit and oversight committee in place, ensuring rigorous financial oversight.
While the foundation shows numerous strengths in governance and financial practices, it's important for potential donors to consider the overall impact and effectiveness of its programs in relation to funding. However, the absence of noted issues such as material diversion of assets highlights the organization's integrity in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Stories Matter Foundation legitimate?
Stories Matter Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stories Matter Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $615,792
For more financial information, click here
Official website here: www.storystudiochicago.org
What is the mission statement of Stories Matter Foundation?
The Stories Matter Foundation's mission is centered around fostering communities of storytellers. These storytellers are equipped to challenge perspectives, explore various topics, celebrate diverse experiences, and initiate change in their environments, leveraging the potent tool of storytelling. The foundation conducts a range of educational programs, including short-term sessions and extended courses, focusing on creative writing for adults, thereby empowering individuals to harness the power of storytelling.
Official website here: www.storystudiochicago.org
What is the revenue of Stories Matter Foundation?
Stories Matter Foundation's revenue in 2023 was $864,139.
Official website here: www.storystudiochicago.org
Who are the executives of Stories Matter Foundation and what are their salaries?
The average compensation at Stories Matter Foundation during 2023 was $102,632. There are 6 employees and 25 volunteers at Stories Matter Foundation.
Here are 10 key members and their salaries:
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Official website here: www.storystudiochicago.org
Where can I find the form 990 for Stories Matter Foundation?
Stories Matter Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.storystudiochicago.org
Learn more at the official website: www.storystudiochicago.org
Mission Statement of Stories Matter Foundation
Stories Matter Foundation is dedicated to cultivating communities of storytellers who are equipped to challenge, investigate, commemorate, and transform their environments utilizing the potent force of storytelling. Their mission involves empowering individuals to assume this role, fostering an environment where they can question, delve into, honor, and alter their surroundings.
The foundation's primary objective is to empower individuals with the tools necessary to become effective storytellers. Through a variety of courses, ranging from one-night sessions to year-long programs focused on creative writing for adults, they provide opportunities for individuals to develop and hone their storytelling skills. By fostering a community of storytellers, Stories Matter Foundation aims to inspire change and promote growth within these communities.
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Impact
July, 2024
The Stories Matter Foundation has a significant impact in Chicago, IL, by building communities of storytellers who are trained to question, explore, celebrate, and change their worlds using the power of story. Through courses ranging from one-night sessions to year-long classes on creative writing for adults, the foundation empowers individuals to harness the art of storytelling for personal growth and social change. This innovative approach fosters connections, inspires creativity, and promotes dialogue, making a tangible difference in the lives of participants and the broader community.
This information is meant to be a general summary of Stories Matter Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $789,230
- Gross Receipts: $864,139
Assets and Liabilities:
- Total Assets: $511,150
- Total Liabilities: $82,613
- Net Assets: $428,537
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WRITING CLASSES
Revenue
$786,141
YOUTH PROGRAMS
Revenue
$3,089
Organization Details
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