SPOKE ART INC (FKA MEDICINE WHEEL PRODUCTIONS INC)

EIN: 043502628 501(c)(3) Arts, Culture & Humanities

BOSTON, MA

Total Revenue
$985,132
Total Expenses
$1,096,455
Total Assets
$599,111
Net Assets
$455,777
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MA
Principal Officer
MICHAEL DOWLING
Phone
6173157318
Tax Period
2024-01-01 to 2024-12-31

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.

Mission

TO BRING PUBLIC ART PROJECTS TO SPECIFIC COMMUNITIES AND THE GREATER BOSTON AREA AT LARGE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $935,015
Program Service Revenue $0
Investment Income $0
Other Revenue $50,117
TOTAL REVENUE $985,132

Expense Breakdown

Grants Paid $0
Salaries & Benefits $781,580
Fundraising Expenses $208,495
Program Expenses $722,677
Other Expenses $314,875
TOTAL EXPENSES $1,096,455

Year-over-Year Comparison

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%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
42
Volunteers
50

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
4
$118,202
Total Directors
12
$118,202
Key Employees
0
$0
Highest Compensated
0
reported
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
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
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
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