Narrative Arts EIN 81-1408770 Form 990 (PDF) Claim this org

Narrative Arts FY2023 filing

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Inspire democracy by helping communities tell impactful stories. For fiscal year 2023 it reported $389K in revenue, $310K in expenses, and $442K in net assets.Pt I

Founded
2015
Type
Public charity (501(c)(3)) · Human Services
Location
Wilmington, NC
Website
www.narrativearts.org
Filings
6 on file (2020–2023)
Revenue
$389KFY2023
Expenses
$310K
Net assets
$442K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  81-1408770 Public charity (501(c)(3)) Wilmington, NC Founded 2015
Form 990 (PDF)
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Size
$100K–1M
What they do
Inspire democracy by helping communities tell impactful stories.
Leadership
Nick Szuberla · Executive Director · $87K
Money in and out
$389K revenue, $310K expenses
Bottom line
96% program efficiency
Where the money goes · FY2023
Total revenue
$389K
Pt VIII · Ln 12
Total expenses
$310K
Pt IX · Ln 25
Net assets
$442K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $79K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.03 Fundraising $0.01
Program efficiency
96%
of spending reaches programs
Operating runway
17.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+20%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$389K
FY2023▼ -26%
Expenses
$310K
FY2023▼ -27%
Total assets
$442K
FY2023▲ +2%
Total liabilities
$0
FY2023▼ -100%
Total revenue
$389K
Pt VIII · Ln 12
Total expenses
$310K
Pt IX · Ln 25
Net assets
$442K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$79K
Total assetsPt X · Ln 16$442K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNarrative Arts
EINHdr · item D81-1408770
Principal addressHdr · item CWilmington, NC
WebsiteHdr · item Jwww.narrativearts.org
Year of formationHdr · item L2015
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P84)
Ruling yearIRS BMFApr 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$86,928Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
At-Large Director
$0Pt VII · Sec A
At-Large Director
$0Pt VII · Sec A

Nick Szuberla’s $63K as Executive Director is at the 52nd percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Nick Szuberla$62,752$86,928
Nick Szuberla$70,750$71,500$59,800
Paul Vandecarr$10,125

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $308K of program spending, described in the organization's own filed words · FY2023.
01

Narrative Arts Center

Narrative arts' staff work collaboratively using theater, youth media, performance arts to harness the power of storytelling and narrative change for equity. Exp. 140,200

$140Kprogram expense
02

Coastal Youth Media (cym)

Trains youth in media arts and develops help them explore their own cultures, stories and community concerns. Narrative arts staff produce original works research methologies and create curriculum guides (where I come from, loud as we want and still here).

$100Kprogram expense
03

Shoresides

A local journalism project serving coastal north carolina with community engagement and original content. The program provides information useful to people navigating their daily lives. Exp. 66,876

$67Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$273K · 70%
Program service revenue$115K · 30%
Contributions & grants70%$273K
Program service revenue30%$115K
— government grantsLn 1e$19K
Total revenueLn 12$389K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.03 Fundraising $0.01
Program services96%$298K
Management & general3%$8K
Fundraising1%$3K
Total functional expensesLn 25$310K

Balance Sheet

Part X · end of year
CashLn 1$442K
Total assetsLn 16$442K
Total liabilitiesLn 26$0
Total net assetsLn 32$442K
Months of cash on handcomputed17.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $442K · Operating expenses/yr $310K
17.1 months
Where the money goes
Program services
Program services $298K · Total expenses $310K
96%
Management & General
Management & general $8K · Total expenses $310K
3%
Fundraising
Fundraising $3K · Total expenses $310K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $395K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $273K · Total revenue $389K
70%
Government reliance
Government grants $19K · Total revenue $389K
5%
Earned-income share
Program service revenue $115K · Total revenue $389K
30%
Investment reliance
Investment income $0 · Total revenue $389K
0%
Program self-sufficiency
Program service revenue $115K · Total expenses $310K
37%
Growth & trend
Revenue growth (YoY)
This year $389K · Prior year $528K
-26%
Net-asset trend (YoY)
End of year $442K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $389K · Expenses $310K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $442K
Net-asset ratio
Net assets $442K · Total assets $442K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $442K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nick Szuberla · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $87K · Total expenses $310K
28%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $87K · Total expenses $310K
28%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 3%
Fundraising cost ratio 1%
Revenue growth -26%
Accounting fee ratio 0.8%
Fundraising fee ratio 0.6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$682K revenue · ⤓ 990 PDF
FY2024$398K revenue · ⤓ 990 PDF
FY2023$389K revenue · viewing · ⤓ 990 PDF
FY2022$528K revenue · ⤓ 990 PDF
FY2021$436K revenue · ⤓ 990 PDF
FY2020$299K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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