NARRATIVE ARTS

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Nicholas szuberla

Phone

6064548864

Tax Period

2025-01-01 to 2025-12-31

NARRATIVE ARTS, founded in 2015, is a small nonprofit in the Human Services sector that reported $682K in total revenue in fiscal year 2025. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $109K, a strong 16% operating margin.

Mission

Narrative Arts builds community power through storytelling, journalism, dialogue, and cultural organizing. Through multimedia reporting, public engagement projects, artist collaborations, youth media initiatives, and fiscal sponsorship services, the organization helps communities document their experiences, strengthen civic participation, preserve cultural memory, and advance social change.

Program Service Accomplishments

Program 1

Expenses: $551,845 Revenue: $695,443

Narrative Arts produced community-centered journalism, podcasts, and storytelling initiatives that elevated underrepresented voices across North Carolina. Through Shoresides, the organization...

Narrative Arts produced community-centered journalism, podcasts, and storytelling initiatives that elevated underrepresented voices across North Carolina. Through Shoresides, the organization reported on issues including public health, housing, climate resilience, workforce development, and community history. Narrative Arts also facilitated story circles, interviews, and multimedia storytelling projects that documented local experiences and strengthened civic participation.

Program 2

Narrative Arts engaged youth, artists, educators, and community members through media literacy activities, storytelling programs, public dialogue initiatives, and community-based cultural projects...

Narrative Arts engaged youth, artists, educators, and community members through media literacy activities, storytelling programs, public dialogue initiatives, and community-based cultural projects. These efforts supported leadership development, creative expression, cultural preservation, and public participation while creating opportunities for residents to share stories and strengthen community connections

Program 3

Narrative Arts partnered with nonprofit organizations, artists, educators, journalists, and community leaders to strengthen storytelling, communications, and public engagement capacity. Through...

Narrative Arts partnered with nonprofit organizations, artists, educators, journalists, and community leaders to strengthen storytelling, communications, and public engagement capacity. Through workshops, trainings, technical assistance, collaborative projects, and strategic partnerships, the organization helped participants develop narrative skills, document community experiences, amplify local voices, and build capacity for civic participation, community problem-solving, and social change.

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Trantor Score

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

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $643,845

Program Service Revenue $29,100

Investment Income $9,121

Other Revenue $0

TOTAL REVENUE $682,066

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,814

Fundraising Expenses $1,851

Program Expenses $551,845

Other Expenses $550,294

TOTAL EXPENSES $573,108

Year-over-Year Comparison

	2025	2024	Change
Revenue	$682,066	$397,882	+0.7%
Expenses	$573,108	$500,040	+0.1%
Net Income	$108,958	$-102,158	-2.1%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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

Total Directors

$65,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK SZUBERLA	EXECUTIVE DIRECTOR	40.0	Director	$0	$65,000	$65,000
PAUL WRIGHT	CHAIRMAN	2.0	Officer Director	$0	$0	$0
TANYA MOTE	TREASURER	2.0	Officer Director	$0	$0	$0
LAURIE JO REYNOLDS	SECRETARY	2.0	Officer Director	$0	$0	$0
TERRILL WILLIAMS	At Large	2.0	Director	$0	$0	$0
CHRIS EVERETT	Vice Chair	2.0	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
2025	$682,066	$573,108	$448,568	$108,958
2024	No data	No data	No data	No data
2024	$397,882	$500,040	$339,610	$-102,158
2023	$388,557	$309,722	$441,768	$78,835
2022	$528,482	$423,430	$433,683	$105,052
2021	$436,454	$461,438	$257,881	$-24,984
2020	$299,201	$366,433	$282,865	$-67,232
2019	$395,461	$392,726	$425,097	$2,735
2018	$545,349	$390,597	$357,362	$154,752