Stories Matter Foundation FY2020 filing

Tax-deductible

Chicago, IL501(c)(3)Arts & CultureEIN 47-4664604Revenue $519K in FY2020

On file with the IRSstorystudiochicago.org4043 N Ravenswood Ave Ste 222, 60613-5682 · Chicago, ILTax-exempt since Aug 2015Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

We build communities of storytellers trained to question, explore, celebrate, and change their worlds using the power of story.

501(c)(3) charity; gifts are tax-deductible.
56¢ of each $1 spent went to programs.
$49K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $117K a year · 15% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
56%
of spending
Worth a look: 56% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$49K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 8.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $69
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$34K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$519K
Spent
$355K
To programs
56%
Net assets
$227K
By yearFY2020–FY2024
Revenue
$519K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$519K
FY2021$620K
FY2022$801K
FY2023$864K
FY2024$1.2M
Expenses
$355K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$355K
FY2021$518K
FY2022$680K
FY2023$795K
FY2024$1.0M
Net assets
$227K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$227K
FY2021$367K
FY2022$429K
FY2023$498K
FY2024$398K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

56 cents of each dollar spent went to programs.

Program services 56% · $199K Management & general 44% · $156K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

9 people listed on the 990; $49K paid to officers and key staff.

Part VII, Section A · reportable compensation
Managing Director
$49,000Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Memeber
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Principal Officer
$0Pt VII · Sec A
Board Vice President
$0Pt VII · Sec A

Jessica Keller’s $68K as Executive Di is at the 11th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2021FY2020
Jessica Keller$68,335$53,800$49,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Stories Matter Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowering people to use storytelling to question, explore, celebrate, and change their worlds.

Questions for Stories Matter Foundation

Tap to ask. Stories Matter Foundation sees how many people are interested.

Your first name shows with your question. Stories Matter Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $186K · in their own filed words · FY2020
01

We offer creative writing courses that help writers hone their craft, express their creativity, and communicate with confidence.

$171Kprogram expense
02

The StoryBoard program is a weeklong intensive workshop.

$11Kprogram expense
03

We offer multiple week-long writing workshops for the young scribes of Chicago. With our talented instructors, young writers can expect to learn elements of writing, build friendships and community with fellow peers, and get feedback on their creative works.

$4Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$69

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$519K
Ln 12
Fees for servicesLn 2g$478K
Gifts and grantsLn 1h$63K
Money outPt IX
$355K
Ln 25
Programscol B$199K
Managementcol C$156K
Owns and owesPt X
$227K
net assets · Ln 32
Cash and savingsLn 1–2$261K
Total assetsLn 16$261K
LiabilitiesLn 26$34K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$63K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$4K
Fees for servicesLn 2g$478K
Total revenueLn 12$519K
Assets in detailPt X, end of year
CashLn 1$92K
SavingsLn 2$169K
Cash and savings togetherLn 1–2$261K
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$261K
LiabilitiesLn 26$34K
Net assetsLn 32$227K
OperationsPt I, VI
EmployeesI 56
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$63K$261K
InvestmentsLn 11–13$0$0
Total assetsLn 16$63K$261K
LiabilitiesLn 26$0$34K
Net assetsLn 32$63K$227K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$49K$0$49K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$31K$0$31K$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$7K$0$7K$0
Payroll taxesLn 10$7K$0$7K$0
Accounting feesLn 11c$7K$0$7K$0
Other fees for servicesLn 11g$186K$175K$11K$0
Advertising and promotionLn 12$2K$1K$401$0
Office expensesLn 13$22K$16K$6K$0
Information technologyLn 14$4K$2K$2K
OccupancyLn 16$31K$0$31K$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$579$282$297$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$4K$0$4K$0
Other expenses (24a–d)Ln 24$4K$4K$0$0
All other expensesLn 24e$2K$771$760
Total functional expensesLn 25$355K$199K$156K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.2M$1.0M$129K$398K 990 PDF
FY2023 $864K$795K$69K$498K 990 PDF
FY2022 $801K$680K$121K$429K 990 PDF
FY2021 $620K$518K$102K$367K 990 PDF
FY2020 Viewing $519K$355K$164K$227K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $519,460 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,035$62,728
I-9 Program service revenuePrior year $402,037$478,115
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $23,030−$21,383
I-12 Total revenuePrior year $431,102$519,460
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $112,522$94,589
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $277,011$260,658
I-18 Total expensesPrior year $389,533$355,247
I-19 Revenue less expensesPrior year $41,569$164,213
Part VI · Governance 0 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $519,460 across 11 lines filed
Lines not itemized here account for $2,500 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$3,666
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$59,041
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$62,728
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $475,615 · Unrelated business $0 · Excluded from tax $0$475,615
VIII-8 Net income from fundraising eventsUnrelated business −$21,383 · Excluded from tax $0−$21,383
VIII-12 Total revenueRelated to mission $478,115 · Unrelated business −$21,383 · Excluded from tax $0$519,460
Part IX · Statement of functional expenses $355,247 across 25 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $49,000 · Fundraising $0$49,000
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $31,446 · Fundraising $0$31,446
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $7,161 · Fundraising $0$7,161
IX-10 Payroll taxesPrograms $0 · Management $6,982 · Fundraising $0$6,982
IX-11c Accounting feesPrograms $0 · Management $6,708 · Fundraising $0$6,708
IX-11g Other fees for servicesPrograms $174,858 · Management $10,720 · Fundraising $0$185,578
IX-12 Advertising and promotionPrograms $1,238 · Management $401 · Fundraising $0$1,639
IX-13 Office expensesPrograms $15,607 · Management $5,982 · Fundraising $0$21,589
IX-14 Information technologyPrograms $2,314 · Management $1,938$4,252
IX-16 OccupancyPrograms $0 · Management $30,728 · Fundraising $0$30,728
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $282 · Management $297 · Fundraising $0$579
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $4,201 · Fundraising $0$4,201
IX-24 Other expenses (24a–d)Programs $3,853 · Management $0 · Fundraising $0$3,853
IX-24e All other expensesPrograms $771 · Management $760$1,531
IX-25 Total functional expensesPrograms $198,923 · Management $156,324 · Fundraising $0$355,247
Part X · Balance sheet $261,278 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $42,123$92,247
X-2 Savings and temporary cash investmentsStart of year $20,500$169,031
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $62,623$261,278
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$34,442
X-26 Total liabilitiesStart of year $0$34,442
X-27 Net assets without donor restrictionsStart of year $62,623$226,836
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $62,623$226,836
X-33 Total liabilities and net assetsStart of year $62,623$261,278
Part XI · Reconciliation of net assets $226,836 net assets at year end
XI-1 Total revenue$519,460
XI-2 Total expenses$355,247
XI-3 Revenue less expenses$164,213
XI-4 Net assets at start of year$62,623
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$226,836

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.