SHUNPIKE

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

LINE SANDSMARK

Phone

2069051026

Tax Period

2023-01-01 to 2023-12-31

SHUNPIKE, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.2M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

SHUNPIKE EMPOWERS ARTISTS THROUGH EQUITABLE ACCESS TO VITAL EXPERTISE, OPPORTUNITIES AND BUSINESS SERVICES.

Program Service Accomplishments

Program 1

Expenses: $3,588,109 Revenue: $802,006

FISCAL SPONSORSHIP- SHUNPIKE PROVIDES FISCAL SPONSORSHIP TO MISSION ALIGNED ARTS GROUPS THAT ARE NONPROFIT IN NATURE.

Program 2

Expenses: $553,701 Revenue: $153,623

SEATTLE RESTORED- PARTNERING WITH CITY OF SEATTLE TO ACTIVATE EMPTY STOREFRONTS WITH ARTISTS IN ORDER TO ENLIVEN THE DOWNTOWN SEATTLE AREA AND PROVIDE OPPORTUNITIES TO ARTISTS.

Program 3

Expenses: $122,987 Revenue: $40,576

IN ARTIST IN RESIDENCE, WE PARTNER WITH AMAZON TO SUPPORT ARTISTS, PROVIDING A SPACE FOR ENGAGING DIALOGUE AND INSPIRING CREATIVE EXPRESSION WITH AMAZON.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,026,333

Program Service Revenue $1,203,239

Investment Income $26,237

Other Revenue $-51,918

TOTAL REVENUE $5,203,891

Expense Breakdown

Grants Paid $701,790

Salaries & Benefits $929,804

Fundraising Expenses $94,877

Program Expenses $4,652,888

Other Expenses $3,537,924

TOTAL EXPENSES $5,169,518

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,203,891	$4,088,194	+0.3%
Expenses	$5,169,518	$3,883,690	+0.3%
Net Income	$34,373	$204,504	-0.8%

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

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$118,181

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS PARKER	PRESIDENT	1.00	Officer Director	$0	$0	$0
GABRIEL BELLO DIAZ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MELQUIADES MERCADO	CO-TREASURER	1.00	Officer Director	$0	$0	$0
STACEY KRYNSKY	CO-TREASURER	1.00	Officer Director	$0	$0	$0
SAMANTHA DELUNA	SECRETARY	1.00	Officer Director	$0	$0	$0
JESSICA LANDAU	DIRECTOR	1.00	Director	$0	$0	$0
ROB WEST	DIRECTOR	1.00	Director	$0	$0	$0
AARON KUROSU	DIRECTOR	1.00	Director	$0	$0	$0
LINE SANDSMARK	EXECUTIVE DIRECTOR	40.00	Officer	$103,258	$14,923	$118,181

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	No data	No data	No data	No data
2023	$5,203,891	$5,169,518	$2,410,382	$34,373
2022	$4,088,194	$3,883,690	$2,390,837	$204,504
2021	$3,145,389	$2,713,158	$2,155,050	$432,231
2020	$3,643,073	$3,021,288	$1,813,169	$621,785
2019	$2,905,328	$2,922,905	$1,101,767	$-17,577
2018	$2,734,114	$2,604,144	$1,133,851	$129,970