Young Storytellers Foundation
- Assets
- $1.3m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 27
- Location
- Los Angeles, CA
- Founding
- 11/2003
- Data as of
- 12/2023
- EIN
- 55-0827731
Organization Overview
Young Storytellers Foundation is located in Los Angeles, CA. The organization was established in 2003. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Young Storytellers Foundation employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Storytellers Foundation 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 12/2023, Young Storytellers Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 12.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP LITERACY THROUGH THE ART OF STORYTELLING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUNG STORYTELLERS EQUIPS YOUNG PEOPLE TO BE THE DRIVING FORCE OF THEIR OWN NARRATIVES. WE'RE PASSIONATE ABOUT BRINGING PEOPLE TOGETHER AND CREATING STORIES TO RAISE THE VOICES OF THOSE WHO DON'T OFTEN GET HEARD. WE BELIEVE THAT WHEN A YOUNG PERSON UNDERSTANDS THE POWER OF THEIR OWN STORY-MADE OF THEIR UNIQUE BACKGROUND, CULTURE, RACE, GENDER, SEXUALITY, IMMIGRATION STATUS, GEOGRAPHIC LOCATION, AND ECONOMIC STATUS-IT CREATES A MORE EMPATHETIC AND EQUITABLE FUTURE FOR EVERYONE. WE RAISE VOICES, ONE STORY AT A TIME.YOUNG STORYTELLERS COMPLETED TWO SEMESTERS, TOTALING 115 SESSIONS OF ITS YOUTH DEVELOPMENT PROGRAMS DURING 2023. YOUNG STORYTELLERS COORDINATED AND ADMINISTERED THEIR PROGRAMS SUCCESSFULLY IN OVER 70 PUBLIC ELEMENTARY, MIDDLE, AND HIGH SCHOOLS ACROSS LOS ANGELES COUNTY. ALL PROGRAMS WERE PROVIDED IN PERSON DURING SPRING 2023 AND FALL 2023 SESSIONS. APPROXIMATELY 4,000 CHILDREN PARTICIPATED AS STORYTELLERS IN OUR IN-SCHOOL PROGRAMS WHICH INCLUDE OUR FLAGSHIP SCRIPT TO STAGE PROGRAM, COLLABORATIVE SCRIPT TO STAGE PROGRAM, MIDDLE SCHOOL STORIES PROGRAM, HIGH SCHOOL STORIES PROGRAM, AND WBD STORY LAB IN PARTNERSHIP WITH WARNER BROS. DISCOVERY, DC COMICS, AND LAUSD. YOUNG STORYTELLERS ALSO CREATED AND PRODUCED ORIGINAL CURRICULUM FOR AT&T'S THE ACHIEVERY, A FREE DIGITAL LEARNING PLATFORM FOR STUDENTS AND TEACHERS NATIONWIDE.APPROXIMATELY 309 VOLUNTEER MENTORS PARTICIPATED IN YOUNG STORYTELLERS PROGRAMS DURING 2023 AND THESE MENTORS VOLUNTEERED OVER 4,017 HOURS OF THEIR TIME. IN ADDITION, APPROXIMATELY 237 ACTORS VOLUNTEERED AT IN-SCHOOL BIG SHOWS, AS PERFORMERS OF THE STUDENT'S STORIES, DONATING AN ADDITIONAL 711 HOURS OF THEIR TIME.DURING 2023, YOUNG STORYTELLERS PUBLISHED MULTIPLE HANDBOOKS AND WORKBOOKS BASED ON EACH OF THEIR PROGRAM OFFERINGS. THESE WERE DISTRIBUTED TO THE LOCAL COMMUNITIES ACROSS LOS ANGELES SERVED BY THE YOUNG STORYTELLERS PROGRAMS. YOUNG STORYTELLERS ALSO CREATED AND PUBLISHED A TOOL-KIT FOR THE SCRIPT TO STAGE PROGRAM WITH ONLINE HANDBOOKS AND TRAINING VIDEOS FOR USE OUTSIDE OF LOS ANGELES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ani Shehigian Chair | OfficerTrustee | 1 | $0 |
Rory Pullens Vice-Chair | OfficerTrustee | 1 | $0 |
Koko Archibong Treasurer | OfficerTrustee | 1 | $0 |
Eliana Pipes Secretary | OfficerTrustee | 1 | $0 |
Sam Rogoway People & Culture Officer | OfficerTrustee | 1 | $0 |
Patricia Siqueiros Deib Officer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $59,580 |
| Related organizations | $0 |
| Government grants | $75,488 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,483,105 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,618,173 |
| Total Program Service Revenue | $11,047 |
| Investment income | $25,910 |
| 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 | $1,693,125 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,350 |
| 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. | $137,188 |
| Compensation of current officers, directors, key employees. | $20,578 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $965,287 |
| Pension plan accruals and contributions | $24,502 |
| Other employee benefits | $72,996 |
| Payroll taxes | $92,884 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,832 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71,130 |
| Advertising and promotion | $0 |
| Office expenses | $57,417 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,294 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,773 |
| Insurance | $14,098 |
| All other expenses | $4,201 |
| Total functional expenses | $1,720,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,104 |
| Savings and temporary cash investments | $548,988 |
| Pledges and grants receivable | $688,854 |
| Accounts receivable, net | $0 |
| 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 | $18,126 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,900 |
| Total assets | $1,345,972 |
| Accounts payable and accrued expenses | $105,095 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $105,095 |
| Net assets without donor restrictions | $654,910 |
| Net assets with donor restrictions | $585,967 |
| 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 | $1,345,972 |