While browsing through the Missouri Project Success Education Links, I came across the link to PBS Teachers. I love this site because it contains tons of lesson ideas, videos, online and offline activities you can do with your students to build comprehension, grammar, critical thinking and more. Searching for storytelling lessons, I found the lesson Story Magic–Telling Stories from Pictures:
Use new vocabulary and the three basic elements of a story: character, setting and plot to create and tell a story based on visual clues. Develop skills in cooperation and storytelling.