Bellingham, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Spark Museum of Electrical Invention, founded in 1985, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 789% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 90% operating margin.
An interactive museum offering educational experiences for audiences of all ages through galleries and public progeams that illustrate the development and use of electricity, radio and the related inventions that changed the course of human history.
The Museum offers interactive education experiences to the public through the care and interpretation of a historical collection of electrical artifacts. Visitors experience docent-led tours and live...
The Museum offers interactive education experiences to the public through the care and interpretation of a historical collection of electrical artifacts. Visitors experience docent-led tours and live shows to make the collection come alive. Student and youth groups visit from all over the state for field trips and educational opportunities. Professional development opportunities are provided for teachers via online resources and in-person trainings. We also participate in outreach and community events to further spread science literacy and encourage lifelong learning.
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 | $2,968,486 | $333,956 | +7.9% |
| Expenses | $299,455 | $257,880 | +0.2% |
| Net Income | $2,669,031 | $76,076 | +34.1% |
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 |
|---|---|---|---|---|---|---|
| John Jenkins | Board Chair | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| Deborah Hanuscin | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Geoff Vogel | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Annette Bagely | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Catherine Clark | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Mark Chestnut | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Patricia McDonnell | Board Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Peter Frazier | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Abby Whatley | Director of Programs | 40.00 |
Officer
|
$38,649 | $0 | $38,649 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,968,486 | $299,455 | $2,927,386 | $2,669,031 |
| 2023 | $333,956 | $257,880 | $253,293 | $76,076 |
| 2022 | $331,337 | $247,062 | $181,153 | $84,275 |
| 2021 | $138,789 | $177,306 | $129,463 | $-38,517 |
| 2020 | $120,849 | $172,954 | $153,710 | $-52,105 |
| 2019 | $230,367 | $187,861 | $190,291 | $42,506 |
| 2018 | $217,359 | $225,957 | $144,671 | $-8,598 |
Compare Spark Museum of Electrical Invention with other nonprofits in Washington and across the country.