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Nonprofiteer
← Story Network Foundation

Form 990 for tax year 2022

Filed by Story Network Foundation.

Totals

Total revenue
$1,950,000
Total expenses
$2,361,135
Contributions and grants received
$1,950,000
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,085
Total liabilities, end of year
$402,101
Net assets or fund balances, end of year
-$401,016
Program services expenses (Part IX)
$2,337,858
Management and general expenses
$11,638
Fundraising expenses
$11,639
Program service expenses (Part III)
$2,337,858

Program services were 99.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,950,000

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $200,000 · program services $180,000 · management and general $10,000 · fundraising $10,000

  • 11b · Fees: legal

    total $10,246 · program services $9,222 · management and general $512 · fundraising $512

  • 11c · Fees: accounting

    total $12,485 · program services $11,237 · management and general $624 · fundraising $624

  • 13 · Office expenses

    total $491 · program services $443 · management and general $24 · fundraising $24

  • 14 · Information technology

    total $1,874 · program services $1,686 · management and general $94 · fundraising $94

  • 17 · Travel

    total $236 · program services $212 · management and general $12 · fundraising $12

  • 23 · Insurance

    total $7,154 · program services $6,436 · management and general $359 · fundraising $359

  • 24a · Other expenses: Creative and Content

    total $178,807 · program services $178,807 · management and general $0 · fundraising $0

  • 24b · Other expenses: Digital Communications

    total $1,332,086 · program services $1,332,086 · management and general $0 · fundraising $0

  • 24c · Other expenses: Organizational Engagement

    total $617,467 · program services $617,467 · management and general $0 · fundraising $0

  • 24d · Other expenses: Bank Fees

    total $289 · program services $262 · management and general $13 · fundraising $14

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $41,119 · end of year $1,085

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $31,000 · end of year $402,101

  • 27 · Net assets without donor restrictions

    beginning of year $10,119 · end of year -$401,016

Mission and programs · 2022

Mission

To educate the public and combat misinformation on issues, including, but not limited to: quality affordable healthcare, humane immigration policy, common-sense gun control, campaign finance reform, climate change, income inequality and equal rights for women, minorities, and the LGBTQ community.

Activities or mission (Part I)

We combat misinformation and promote truth across social networks.

  • We organize: Misinformation is propagated by large networks of pages, websites, bots and people, working together to seem much larger than they are. We organize real groups and people into networks that stand ready to amplify good and truthful ideas

    Expenses $678,169

  • We create: Misinformation is cheap and easy to produce. Real information takes time and care. We invest in organizations dedicated to creating truthful viral online content and then share it with like-minded organizations who want factual stories that can further their mission.

    Expenses $196,383

  • We inoculate: Digital platforms have been ineffecive at taming the trolls and misinformation they spread. We identify and deploy digital tools that help legitimate organizations fight back when they're targeted online by false attacks.

    Expenses $1,463,306

As filed on the 2022 return.

Listed in Part VII

  • Elizabeth Mullins

    Director

    Total calculated
    $150,000
    From this org
    $150,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202323199349330402

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