Shoreline, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ShoreLake Arts, founded in 1989, is a small nonprofit that reported $460K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $133K, a strong 29% operating margin.
OUR MISSION IS TO CULTIVATE AND INSPIRE OUR COMMUNITY THROUGH THE ARTS. WE ACCOMPLISH THIS BY CREATING EVENTS, OPORTUNITIES, AND EDUCATION PROGRAMS WHICH UPHOLD OUR VALUES OF INCLUSIVITY, FISCAL RESPONSIBILITY, COMMUNITY, INSPIRATION, RESPECT/KINDNESS
Our Arts Education and Outreach program provides summer camps for k-8 students and visual arts classes for all ages throughout the year, designed to develope ceativity, critical thinking...
Our Arts Education and Outreach program provides summer camps for k-8 students and visual arts classes for all ages throughout the year, designed to develope ceativity, critical thinking, collaborative learning and cultural awareness. ShoreLake Arts Education division is lead by a certified and tenured art instructor and all class teachers are practicing artists, one of the many ways we support artists. To address equity in access to art, we bring art to the community by providing free hands-on art opportunities at multiple community events through out the year and downloadable DIY art projects created by professional artists. In 2024 our free hands-on art program grew to serve over 700 budding artists, doubling the community members served in 2023.
The ShoreLake Arts Gallery exhibits and sells the work of local artists each year, helping artists build and develop their carreers. In addition to its rotating exhibits and ongoing sales, the...
The ShoreLake Arts Gallery exhibits and sells the work of local artists each year, helping artists build and develop their carreers. In addition to its rotating exhibits and ongoing sales, the Gallery connects the community with art through free, hands-on art to increase knowledge of new artists and art techniques. The Gallery remains home to the Little Free Art Studio where the community exchanges art materials and books. As of the Fall of 2024 the Gallery is in a new location at the heart of a Shoreline neighborhood business district. The new location includes office and classroom space and provides increased exhibit space, enables ShoreLake Atrs to host more community events and to showcase an even greater variety of work from local and emerging artisits. ShorLake Arts now also curates and hosts local artist exhibits in area restaurants.
Arts Culture offerings include free public events such as the summer Concerts in the Park series Shakespeare in the Park the Dia de Muertos Celebration a Lunar New Year Lantern Festival and the...
Arts Culture offerings include free public events such as the summer Concerts in the Park series Shakespeare in the Park the Dia de Muertos Celebration a Lunar New Year Lantern Festival and the Underground Holiday Market. The program also produces one ticketed event - the Shoreline Short Short Film Festival - where winners take home cash prizws. In 2024, over 8,000 people attended in-person events, of which, ovwer 80 participated in free events.
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 | $460,141 | $493,468 | -0.1% |
| Expenses | $327,347 | $597,787 | -0.5% |
| Net Income | $132,794 | $-104,319 | -2.3% |
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 |
|---|---|---|---|---|---|---|
| Laura James | Executive Director | 020.00 |
Key Emp
Highest
|
$21,250 | $0 | $21,250 |
| Nancy Malek | President | 030.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robert Pfeiffer | Director | 006.00 |
Director
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$0 | $0 | $0 |
| Cynthia McCrea | Secretary | 003.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jack Malek | Director | 001.50 |
Director
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$0 | $0 | $0 |
| Subhash Prajapati | Director | 001.50 |
Director
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$0 | $0 | $0 |
| Armand Micheline | Director | 001.50 |
Director
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$0 | $0 | $0 |
| Tracy Furutani | Secretary | 001.50 |
Officer
Director
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$0 | $0 | $0 |
| Charles Capp | Director | 001.50 |
Director
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$0 | $0 | $0 |
| Eric Friedli | Treasurer | 002.00 |
Officer
Director
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$0 | $0 | $0 |
| Courtney Good | Director | 001.50 |
Director
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$0 | $0 | $0 |
| Karen Thielke | Director | 001.50 |
Director
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$0 | $0 | $0 |
| Kristen Wickersham | Director | 001.50 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $460,141 | $327,347 | $202,013 | $132,794 |
| 2023 | $493,468 | $597,787 | $182,199 | $-104,319 |
| 2022 | $465,403 | $575,125 | $215,143 | $-109,722 |
| 2021 | $562,671 | $528,783 | $288,916 | $33,888 |
| 2020 | $386,465 | $398,819 | $297,732 | $-12,354 |
| 2019 | $441,561 | $443,594 | $276,328 | $-2,033 |
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