Storyville Center For The Spoken Word Inc
Storyville Center For The Spoken Word Inc shows stable assets but recent operating deficits.
EIN: 133880953 · New York, NY · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.9M |
| Total Expenses | $13.0M |
| Program Spending | 75% |
| Net Assets | $8.2M |
| Transparency Score | 80/100 |
Is Storyville Center For The Spoken Word Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Storyville Center For The Spoken Word Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Storyville Center For The Spoken Word Inc
Storyville Center For The Spoken Word Inc (EIN: 133880953) is a nonprofit organization based in New York, NY, classified under NTEE code A650. The organization reported total revenue of $11.9M and total assets of $11.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Storyville Center For The Spoken Word Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Storyville Center For The Spoken Word Inc is a large nonprofit that has been operating for 29 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.7M |
| Total Expenses | $13.0M |
| Surplus / Deficit | $-334,329 |
| Total Assets | $12.0M |
| Total Liabilities | $3.9M |
| Net Assets | $8.2M |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 32.2% |
| Months of Reserves | 11.1 months |
Financial Health Grade: B
In 2023, Storyville Center For The Spoken Word Inc reported a deficit of $334K with expenses exceeding revenue, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 32.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Storyville Center For The Spoken Word Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.7% | +10.8% | -2.9% |
| 2022 | -18.5% | +39.5% | +0.4% |
| 2021 | +73.4% | +7.9% | +62.6% |
| 2020 | -26.6% | -24.5% | -0.6% |
| 2019 | +23.3% | +21.9% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Storyville Center For The Spoken Word Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Storyville Center For The Spoken Word Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $334K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, indicating that the organization's officers are either uncompensated or compensated in a manner not reported as officer compensation on the IRS Form 990, which is a positive sign for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Storyville Center For The Spoken Word Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest two filing periods (202312 and 202212), indicating recent operating deficits.
Strengths
The following positive indicators were identified for Storyville Center For The Spoken Word Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship at the leadership level.
- Healthy and growing asset base, increasing from $3.6M in 2014 to over $12M in 2023, demonstrating long-term financial stability.
- Assets consistently exceed liabilities, indicating a strong balance sheet and low financial risk.
- Significant revenue generation, consistently in the multi-million dollar range, supporting a substantial operational scale.
Frequently Asked Questions about Storyville Center For The Spoken Word Inc
Is Storyville Center For The Spoken Word Inc a legitimate charity?
Storyville Center For The Spoken Word Inc (EIN: 133880953) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 14 years of IRS 990 filings on record. Total revenue: $11.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Storyville Center For The Spoken Word Inc spend its money?
Storyville Center For The Spoken Word Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Storyville Center For The Spoken Word Inc tax-deductible?
Storyville Center For The Spoken Word Inc is registered as a tax-exempt nonprofit (EIN: 133880953). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Storyville Center For The Spoken Word Inc's spending goes to programs?
Storyville Center For The Spoken Word Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Storyville Center For The Spoken Word Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Storyville Center For The Spoken Word Inc is above average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Storyville Center For The Spoken Word Inc located?
Storyville Center For The Spoken Word Inc is headquartered in New York, New York and files with the IRS under EIN 133880953. It is classified under NTEE code A650.
How many years of IRS 990 filings does Storyville Center For The Spoken Word Inc have?
Storyville Center For The Spoken Word Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.9M in total revenue.
Is Storyville Center For The Spoken Word Inc a good charity?
Based on the available financial data, Storyville Center For The Spoken Word Inc appears to be a well-managed organization with a strong asset base and no reported officer compensation. While there have been recent operating deficits, these are balanced by periods of significant surpluses, suggesting overall financial stability. A more definitive answer would require detailed expense breakdowns (program, admin, fundraising) to assess spending efficiency.
What is the trend in the organization's revenue and expenses?
Revenue and expenses have fluctuated over the years. In the latest period (202312), expenses ($12,995,168) exceeded revenue ($12,660,839). A similar trend was observed in 202212 and 202012. However, there were also periods of significant surpluses, such as in 202112 (revenue $12,256,751 vs. expenses $8,405,933) and 201712 (revenue $11,027,802 vs. expenses $7,423,231).
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth over the long term, increasing from $3,616,305 in 201412 to $12,047,296 in 202312, indicating strong financial health and accumulation of resources.
Are there any concerns regarding executive compensation?
No, there are no concerns regarding executive compensation as all filings consistently report 0% officer compensation, which is a strong indicator of efficient resource allocation at the leadership level.
Filing History
IRS 990 filing history for Storyville Center For The Spoken Word Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Storyville Center For The Spoken Word Inc's revenue has grown by 648.2%, moving from $1.7M to $12.7M. Total assets increased by 1134.7% over the same period, from $976K to $12.0M. Total functional expenses rose by 918.2%, from $1.3M to $13.0M. In its most recent filing year (2023), Storyville Center For The Spoken Word Inc reported a deficit of $334K, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $12.0M in assets (debt-to-asset ratio: 32.2%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.7M | $13.0M | $12.0M | $3.9M | — | — |
| 2022 | $10.0M | $11.7M | $12.4M | $4.5M | — | — |
| 2021 | $12.3M | $8.4M | $12.4M | $1.8M | — | View 990 |
| 2020 | $7.1M | $7.8M | $7.6M | $1.4M | — | View 990 |
| 2019 | $9.6M | $10.3M | $7.7M | $917K | — | View 990 |
| 2018 | $7.8M | $8.5M | $7.6M | $642K | — | View 990 |
| 2017 | $11.0M | $7.4M | $8.5M | $690K | — | View 990 |
| 2016 | $7.3M | $6.4M | $5.0M | $828K | — | View 990 |
| 2015 | $5.3M | $5.3M | $3.7M | $647K | — | View 990 |
| 2014 | $5.2M | $4.2M | $3.6M | $385K | — | View 990 |
| 2013 | $3.5M | $3.4M | $2.4M | $240K | — | View 990 |
| 2012 | $2.3M | $2.2M | $2.4M | $219K | — | View 990 |
| 2011 | $2.8M | $2.1M | $1.6M | $80K | — | View 990 |
| 2010 | $1.7M | $1.3M | $976K | $69K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.7M, expenses of $13.0M, and assets of $12.0M (revenue +26.7% year-over-year).
- 2022: Revenue of $10.0M, expenses of $11.7M, and assets of $12.4M (revenue -18.5% year-over-year).
- 2021: Revenue of $12.3M, expenses of $8.4M, and assets of $12.4M (revenue +73.4% year-over-year).
- 2020: Revenue of $7.1M, expenses of $7.8M, and assets of $7.6M (revenue -26.6% year-over-year).
- 2019: Revenue of $9.6M, expenses of $10.3M, and assets of $7.7M (revenue +23.3% year-over-year).
- 2018: Revenue of $7.8M, expenses of $8.5M, and assets of $7.6M (revenue -29.2% year-over-year).
- 2017: Revenue of $11.0M, expenses of $7.4M, and assets of $8.5M (revenue +50.0% year-over-year).
- 2016: Revenue of $7.3M, expenses of $6.4M, and assets of $5.0M (revenue +39.5% year-over-year).
- 2015: Revenue of $5.3M, expenses of $5.3M, and assets of $3.7M (revenue +0.9% year-over-year).
- 2014: Revenue of $5.2M, expenses of $4.2M, and assets of $3.6M (revenue +50.7% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.4M, and assets of $2.4M (revenue +52.0% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.2M, and assets of $2.4M (revenue -18.8% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.1M, and assets of $1.6M (revenue +66.0% year-over-year).
- 2010: Revenue of $1.7M, expenses of $1.3M, and assets of $976K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Storyville Center For The Spoken Word Inc:
Data Sources and Methodology
This transparency report for Storyville Center For The Spoken Word Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.