StoryCenter

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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

1979

Legal Domicile

Principal Officer

Andrea Spagat

Phone

5105482065

Tax Period

2024-07-01 to 2025-06-30

StoryCenter, founded in 1979, is a small nonprofit in the Arts, Culture & Humanities sector that reported $897K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $834K left a modest 7% surplus.

Mission

Our focus is on partnering with community, educational, and business institutions to develop large-scale initiatives using methods and principles adapted from our original StoryCenter Workshop.

Program Service Accomplishments

Program 1

Expenses: $629,667 Revenue: $261,758

StoryCenter offers a range of services to assist individuals, organizations, and institutions around the world in pursuing their own digital storytelling work.We teach Open Workshops in locations...

StoryCenter offers a range of services to assist individuals, organizations, and institutions around the world in pursuing their own digital storytelling work.We teach Open Workshops in locations across the U.S. and Canada, and in various cities in Europe. These sessions allow individual participants to explore the creative process of producing their own stories.The majority of our work is carried out in close partnership with a wide range of community, educational, health and human services, international development and business organizations, in the form of Customized Program Development for digital storytelling. This approach allows us to draw upon our expertise as pioneers in the field, as we work closely with clients to identify and meet specific needs in unique contexts around the world.

Program 2

We are also available for Public Speaking & Story Screenings. Our staff members have great depth of experience in presenting at conferences and sharing stories, exploring the historical, theoretical, methodological, and ethical aspects of digital storytelling, from university to community.Finally, our knowledge of human interface design, interaction design, story and dramatic theory, and the latest tools in digital media production make it possible for us to offer a range of Web/Media Design & Production services.

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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 (2024)

Revenue Breakdown

Contributions & Grants $629,333

Program Service Revenue $257,628

Investment Income $6,274

Other Revenue $4,130

TOTAL REVENUE $897,365

Expense Breakdown

Grants Paid $0

Salaries & Benefits $383,566

Fundraising Expenses $19,900

Program Expenses $629,667

Other Expenses $450,870

TOTAL EXPENSES $834,436

Year-over-Year Comparison

	2024	2023	Change
Revenue	$897,365	$1,227,215	-0.3%
Expenses	$834,436	$1,333,695	-0.4%
Net Income	$62,929	$-106,480	-1.6%

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

N/A

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

$224,215

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrea Spagat	Co-Exec Dir	40.00	Director	$80,834	$2,501	$83,335
Joe Lambert	Co-Exec Dir	40.00	Director	$78,522	$2,358	$80,880
Walter Jacobs	Co-Exec Dir	40.00	Director	$60,000	$0	$60,000
Brandi Shah	Board Chair	2.00	Officer Director	$0	$0	$0
Janet Ferguson	Secretary	2.00	Officer Director	$0	$0	$0
Jane Van Galen	Treasurer	1.00	Officer Director	$0	$0	$0
Maritza de la Trinidad	Director	1.00	Director	$0	$0	$0
Nina Shapiro-Perl	Director	1.00	Director	$0	$0	$0
Nikki Yeboah	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
2025	$897,365	$834,436	$832,991	$62,929
2024	$1,227,215	$1,333,695	$911,573	$-106,480
2023	$1,350,613	$1,535,616	$1,058,093	$-185,003
2022	$1,608,074	$1,321,310	$1,230,118	$286,764
2021	$1,108,690	$986,129	$791,659	$122,561
2020	$874,415	$1,022,075	$606,929	$-147,660
2019	$1,168,694	$1,139,182	$433,003	$29,512