Retired and stripped of her numbers, STORIS sits in storage with the National Defense Reserve Fleet (aka 'Mothball Fleet') in Suisun Bay, California. This site, which is maintained by the United States Maritime Administration (MARAD) is one of three facilities in the country which is a holding place for decommissioned ships that are waiting final disposition.

Recognizing the value in this historic and meaningful ship to the United States, the people of Alaska and the US Coast Guard a group of private investors, former Coast Guard officers and former STORIS crewmen quickly formed the STORIS MUSEUM.

Based in Juneau, this group was organized to secure the former Coast Guard Cutter STORIS  as a museum, historical display and an education center  in Juneau, Alaska.  As of November 2011, legislation is pending to preserve this STORIS as Alaska's first maritime museum.