The Story Prize is an annual book award established in 2004 that honors the author of an outstanding collection of short fiction with a $20,000 cash award. Each of two runners-up receives $5,000. Eligible books must be written in English and first published in the United States during a calendar year. The founder of the prize is Julie Lindsey, and the director is Larry Dark. He was previously series editor for the annual short story anthology Prize Stories: The O. Henry Awards from 1997 to 2002.
Publishers, authors, or agents may enter a short story collection written in English by a living author and published in the U.S. during a calendar year. Three finalists are announced in January. These authors participate in an award event, typically in March, at which they read from their work and have an on-stage discussion with Dark. At the end of the event, Julie Lindsey announces the winner, who, in addition to the prize money, receives an engraved silver bowl. From 2006 to 2020 the event was at the New School in New York City (co-sponsored with the Creative Writing Department). In 2021, the event was recorded via Zoom, and it has since been held at The Lotos Club.
In March 2019, Catapult published The Story Prize: 15 Years of Great Short Fiction, an anthology celebrating the award's fifteenth anniversary.[1]