INTERNATIONAL STORYTELLING CENTER

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

MICHAEL CARSON

Phone

4237532171

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL STORYTELLING CENTER, founded in 1973, is a small nonprofit in the Arts, Culture & Humanities sector that reported $982K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 33% operating deficit.

Mission

TO CREATIVELY APPLY THE POWER OF STORYTELLING TO ENRICH THE HUMAN EXPERIENCE AND ENHANCE THE QUALITY OF LIFE BY ADDRESSING THE CHALLENGES AND OPPORTUNITIES IN TODAY'S SOCIETY AND TO INFUSE STORYTELLING INTO THE MAINSTREAM OF SOCIETY-BUILDING PUBLIC AWARENESS, GREATER CREDIBILITY, AND WIDER AUDIENCES FOR STORYTELLING AMONG THE GENERAL PUBLIC.

Program Service Accomplishments

Program 1

Expenses: $917,299 Revenue: $31,704

THE ANNUAL STORYTELLING FESTIVAL WHICH FEATURES PERFORMANCES AND CONCERTS FROM A VARIETY OF FEATURED STORYTELLERS. HISTORICALLY, THE ANNUAL EVENT IS HELD IN HISTORIC JONESBOROUGH, TENNESSEE. HOWEVER, DUE TO THE COVID-19 PANDEMIC, THIS EVENT WAS CONVERTED TO A ONLINE EVENT WITH LIVE STREAMING. THE ANNUAL STORYTELLING FESTIVAL WAS TO BE HELD IN OCTOBER OF 2024 BUT WAS CANCELLED DUE TO THE DEVASTATION AND DESTRUCTION CAUSED BY HURRICANE HELENE THAT HIT THE REGION IN LATE SEPTEMBER OF 2024.

Program 2

Expenses: $19,302 Revenue: $26,600

PROGRAM DEVELOPMENT INCLUDING CREATION AND DEVELOPMENT OF STORYTELLING PROGRAMS, PROJECTS AND TEACHING AIDS.

Program 3

Expenses: $49,646 Revenue: $74,025

STORYTELLING LIVE PROGRAM FEATURING STORYTELLERS PERFORMING CONCERTS AT THE STORYTELLING CENTER IN HISTORIC JONESBOROUGH, TENNESSEE. THE STORYTELLING LIVE PROGRAM WAS A LIVE IN-PERSON PROGRAM. THIS...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $700,887

Program Service Revenue $132,329

Investment Income $66,104

Other Revenue $83,074

TOTAL REVENUE $982,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $696,789

Fundraising Expenses $76,311

Program Expenses $986,247

Other Expenses $605,180

TOTAL EXPENSES $1,301,969

Year-over-Year Comparison

	2024	2023	Change
Revenue	$982,394	$1,526,666	-0.4%
Expenses	$1,301,969	$1,516,528	-0.1%
Net Income	$-319,575	$10,138	-32.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$76,868

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL CARSON	PRESIDENT	40.00	Officer	$76,868	$0	$76,868
ADAM BOOTH	DIRECTOR	1.00	Director	$0	$0	$0
TERRY COUNTERMINE	DIRECTOR	1.00	Director	$0	$0	$0
ADAM DICKSON	DIRECTOR	1.00	Director	$0	$0	$0
LYN FORD	DIRECTOR	1.00	Director	$0	$0	$0
ARIEL GRATCH	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
LYNDA HARRIS	CHAIRWOMAN	1.00	Officer Director	$0	$0	$0
DANA HELVEY	DIRECTOR	1.00	Director	$0	$0	$0
CAYDEN MAK	SECRETARY	1.00	Officer Director	$0	$0	$0
SUE O'HALLORAN	DIRECTOR	1.00	Director	$0	$0	$0
LEE PATTERSON	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$982,394	$1,301,969	$1,654,736	$-319,575
2023	$1,526,666	$1,516,528	$1,934,639	$10,138
2022	$1,745,017	$1,577,287	$1,569,730	$167,730
2021	$1,394,176	$1,140,722	$1,305,721	$253,454
2020	$1,064,745	$971,531	$1,102,599	$93,214
2019	$1,362,955	$1,391,857	$943,462	$-28,902
2018	$1,339,020	$1,333,484	$971,530	$5,536