The Storydancer Project Inc
The Storydancer Project Inc reports a $56,843 deficit in 2023 after two years of surpluses, maintaining zero liabilities and officer compensation.
EIN: 10848334 · Santa Fe, NM · NTEE: A99 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $133K |
| Total Expenses | $164K |
| Program Spending | 85% |
| Net Assets | $77K |
| Transparency Score | 85/100 |
Is The Storydancer Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Storydancer Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Storydancer Project Inc
The Storydancer Project Inc (EIN: 10848334) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code A99. The organization reported total revenue of $133K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Storydancer Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Storydancer Project Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $164K |
| Surplus / Deficit | $-56,843 |
| Total Assets | $77K |
| Net Assets | $77K |
| Operating Margin | -53.0% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2023, The Storydancer Project Inc reported a deficit of $57K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), The Storydancer Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.4% | +54.2% | -42.6% |
| 2022 | -6.3% | +16.3% | +36.0% |
| 2021 | +96.0% | +6.5% | +155.6% |
| 2020 | -13.1% | -19.1% | -18.5% |
| 2019 | -3.4% | +6.9% | -27.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 The Storydancer Project Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Storydancer Project Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $57K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to mission-related activities.
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 The Storydancer Project Inc's IRS 990 filings:
- Significant deficit in 2023 ($56,843) where expenses ($164,012) exceeded revenue ($107,169).
Strengths
The following positive indicators were identified for The Storydancer Project Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency in executive spending.
- Zero liabilities reported consistently, demonstrating strong financial health and low debt.
- Strong program focus, with a high percentage of expenses likely directed to mission-related activities.
- History of surpluses in 2021 and 2022, indicating periods of effective financial management.
Frequently Asked Questions about The Storydancer Project Inc
Is The Storydancer Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Storydancer Project Inc (EIN: 10848334) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does The Storydancer Project Inc spend its money?
The Storydancer Project Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Storydancer Project Inc tax-deductible?
The Storydancer Project Inc is registered as a tax-exempt nonprofit (EIN: 10848334). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Storydancer Project Inc's spending goes to programs?
The Storydancer Project Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Storydancer Project Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Storydancer Project Inc is above average for NTEE category A99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Storydancer Project Inc located?
The Storydancer Project Inc is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 10848334. It is classified under NTEE code A99.
How many years of IRS 990 filings does The Storydancer Project Inc have?
The Storydancer Project Inc has 13 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 $133K in total revenue.
Is The Storydancer Project Inc a good charity?
Based on the available data, The Storydancer Project Inc appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation and zero liabilities, indicating strong financial stewardship and a focus on program delivery. However, the recent deficit in 2023 should be monitored.
How has The Storydancer Project Inc's revenue trended recently?
Revenue has fluctuated, peaking at $151,179 in 2021, then decreasing to $141,715 in 2022, and further to $107,169 in 2023.
What is the organization's asset position?
Assets have varied, reaching a high of $133,580 in 2022 and standing at $76,737 in 2023. The organization consistently reports zero liabilities.
Filing History
IRS 990 filing history for The Storydancer Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Storydancer Project Inc's revenue has grown by 18.9%, moving from $90K to $107K. Total assets increased by 86.3% over the same period, from $41K to $77K. Total functional expenses rose by 114%, from $77K to $164K. In its most recent filing year (2023), The Storydancer Project Inc reported a deficit of $57K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $164K | $77K | $0 | — | View 990 |
| 2022 | $142K | $106K | $134K | $0 | — | View 990 |
| 2021 | $151K | $91K | $98K | $0 | — | View 990 |
| 2020 | $77K | $86K | $38K | $0 | — | View 990 |
| 2019 | $89K | $106K | $47K | $0 | — | View 990 |
| 2018 | $92K | $99K | $65K | $0 | — | — |
| 2017 | $92K | $124K | $1 | $0 | — | View 990 |
| 2016 | $216K | $155K | $104K | $0 | — | View 990 |
| 2015 | $107K | $133K | $43K | $0 | — | View 990 |
| 2014 | $131K | $121K | $68K | $0 | — | View 990 |
| 2013 | $123K | $104K | $58K | $0 | — | View 990 |
| 2012 | $77K | $80K | $39K | $0 | — | View 990 |
| 2011 | $90K | $77K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $164K, and assets of $77K (revenue -24.4% year-over-year).
- 2022: Revenue of $142K, expenses of $106K, and assets of $134K (revenue -6.3% year-over-year).
- 2021: Revenue of $151K, expenses of $91K, and assets of $98K (revenue +96.0% year-over-year).
- 2020: Revenue of $77K, expenses of $86K, and assets of $38K (revenue -13.1% year-over-year).
- 2019: Revenue of $89K, expenses of $106K, and assets of $47K (revenue -3.4% year-over-year).
- 2018: Revenue of $92K, expenses of $99K, and assets of $65K (revenue +0.1% year-over-year).
- 2017: Revenue of $92K, expenses of $124K, and assets of $1 (revenue -57.6% year-over-year).
- 2016: Revenue of $216K, expenses of $155K, and assets of $104K (revenue +101.5% year-over-year).
- 2015: Revenue of $107K, expenses of $133K, and assets of $43K (revenue -17.9% year-over-year).
- 2014: Revenue of $131K, expenses of $121K, and assets of $68K (revenue +6.2% year-over-year).
- 2013: Revenue of $123K, expenses of $104K, and assets of $58K (revenue +60.6% year-over-year).
- 2012: Revenue of $77K, expenses of $80K, and assets of $39K (revenue -15.0% year-over-year).
- 2011: Revenue of $90K, expenses of $77K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Storydancer Project Inc:
Data Sources and Methodology
This transparency report for The Storydancer Project 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.