Reporting In! 1 April 2022 – 31 March 2023

New Naratif is the trading name of and is published by Observatory Southeast Asia Limited, whose objectives are:

  • Build a broader understanding and more diverse, complex view of the Southeast Asian region that helps contribute to solutions for important issues facing the people of the Southeast Asian region.
  • Innovate on research, news, and culture publication in the Southeast Asian region, in content, form, and channel, and offer an outlet for talented Southeast Asian researchers, journalists, and artists.
  • Promote the universal values of democracy, freedom of the media, and freedom of inquiry, information, and expression.

The financial report for FY2022/23 (1 April 2022 to 31 March 2023) can be found below or downloaded here (PDF). New Naratif underwent a significant restructuring in 2022, which vastly improved operational clarity and efficiency. A new department, Civic Participation, was created. Most importantly, we created pay equity across the organisation, based upon work done and amount of responsibility, with no regard for location. Previously, 2/3 of the budget was going to a single department, but under the new structure and pay scale, there is greater fairness and equity throughout the organisation. The new structure enables New Naratif to focus on delivering more impact via events, as we pivot away from being a publishing-first organisation towards an organisation focused on empowering Southeast Asians to fight for democracy through a wider range of means.

Memberships continued to fall as the cost of living crisis worsened, partially due to the impact of the war in Ukraine. Membership revenue fell. Grant funding and donations remain solid but they are unsustainable in the long term.

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