BOSTON, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SPOKE ART INC (FKA MEDICINE WHEEL PRODUCTIONS INC), founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $985K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 11% operating deficit.
SPOKE ACTIVATES THE TRANSFORMATIVE POWER OF ART TO HEAL DIVISIONS, STRENGTHEN COMMUNITY, AND DRIVE SOCIAL PROGRESS. WE FORGE A COMMON PATH OF EQUITY AND CIVIC ENGAGEMENT ACROSS GREATER BOSTON THROUGH VISUAL ART, DANCE, POETRY AND SPOKEN-WORD PERFORMANCE. YOUNG PEOPLE ARE ESSENTIAL CONTRIBUTORS TO ALL OF OUR WORK. CREATING TOGETHER, WE EMERGE WITH A DEEPER UNDERSTANDING OF OURSELVES, EACH OTHER, AND THE WORLD WE SHARE.
SPOKE HAS INTRODUCED THOUSANDS OF AT RISK YOUTH BOTH INDIVIDUALLY AND AS MEMBERS OF THE COMMUNITY TO THE RITUAL OF MAKING ART TO ADD SPIRTUALITY, HEAL, ENERGIZE AND EMPOWER THEM. THE ORGANIZATION...
SPOKE HAS INTRODUCED THOUSANDS OF AT RISK YOUTH BOTH INDIVIDUALLY AND AS MEMBERS OF THE COMMUNITY TO THE RITUAL OF MAKING ART TO ADD SPIRTUALITY, HEAL, ENERGIZE AND EMPOWER THEM. THE ORGANIZATION DEVELOPED AND IMPLEMENTED SUSTAINABLE PUBLIC ART PROJECTS THAT SPEAK TO THE NEEDS OF SPECIFIC COMMUNITIES AND TO THE PUBLIC AT LARGE IN THE GREATER BOSTON AREA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $985,132 | $1,465,083 | -0.3% |
| Expenses | $1,096,455 | $1,136,354 | 0.0% |
| Net Income | $-111,323 | $328,729 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL DOWLING | FOUNDER/ARTISTIC DIRECTOR | 40.00 |
Officer
Director
|
$102,704 | $15,498 | $118,202 |
| DR ROHIT CHANDRA | BOARD CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARC LACASSE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DONNA BROWN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ADRIANNA BOULIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PHYLLIS CORBETT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH MARION | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NIGEL GRIFFITHS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LETTA NEELY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK WINTERSON | CLERK | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK MCGONAGLE | DIRECTOR (FORMER) | 1.00 |
Director
|
$0 | $0 | $0 |
| ADELA MENDEZ | DIRECTOR (FORMER) | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $985,132 | $1,096,455 | $599,111 | $-111,323 |
| 2023 | $1,465,083 | $1,136,354 | $773,281 | $328,729 |
| 2022 | $830,803 | $919,889 | $458,286 | $-89,086 |
| 2021 | $827,516 | $790,240 | $249,161 | $37,276 |
| 2020 | $591,861 | $588,267 | $229,126 | $3,594 |
| 2019 | $648,444 | $557,718 | $260,635 | $90,726 |
| 2018 | $532,052 | $451,191 | $127,752 | $80,861 |
Compare SPOKE ART INC (FKA MEDICINE WHEEL PRODUCTIONS INC) with other nonprofits in Massachusetts and across the country.