PAPER WHALE ARTS SPC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Phone

3609272565

Tax Period

2024-01-01 to 2024-12-31

PAPER WHALE ARTS SPC, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $268K in total revenue in fiscal year 2024. The organization ran a surplus of $79K, a strong 29% operating margin.

Mission

CULTIVATE COMMUNITY IN AN EVOLVING PROGRAM OF MULTI-SENSORY EVENTS TO INSPIRE AND CREATIVELY ACTIVATE PLACEMAKING.

Program Service Accomplishments

Program 1

Expenses: $96,223 Revenue: $155,904

NOISY WATERS MURAL FEST: WORLD-RENOWNED MURALISTS GATHER IN BELLINGHAM, WA FOR A WEEKEND OF MURAL PAINTING, DEMOS, MUSIC, PARTIES, EDUCATION AND INSPIRATION. THIS FESTIVAL IS A FRIENDLY ART CONTEST, IN WHICH ARTISTS WILL HAVE THREE DAYS TO PAINT 8X8 PORTABLE WALLS ON PUBLIC DISPLAY FOR THE COMMUNITY TO ENJOY. ATTENDEES WILL VOTE FOR THEIR FAVORITES AND THE TOP THREE WINNERS WILL RECEIVE CASH CONTRACTS TO PAINT LARGE MURALS IN BELLINGHAM.

Program 2

Expenses: $54,048 Revenue: $64,319

FIRE & STORY: A FAMILY-FRIENDLY WINTER FESTIVAL BRIMMING WITH ILLUMINATED ART INSTALLATIONS, ROARING FIRE PITS, AND CAPTIVATING PERFORMANCES WHICH INCLUDE MUSIC, STORYTELLING, FIRE DANCING, LIVE...

FIRE & STORY: A FAMILY-FRIENDLY WINTER FESTIVAL BRIMMING WITH ILLUMINATED ART INSTALLATIONS, ROARING FIRE PITS, AND CAPTIVATING PERFORMANCES WHICH INCLUDE MUSIC, STORYTELLING, FIRE DANCING, LIVE METALSMITHING, SAUNAS AND SO MUCH MORE. THIS OUTDOOR EVENT CELEBRATES THE SPIRIT OF WINTER WHILE EMBRACING THE WEATHER.

Program 3

Expenses: $11,180 Revenue: $19,209

PAPER WHALE HOSTS GATHERINGS TO PLATFORM CREATIVITY AND DISCUSSION AROUND COMMUNITY BEAUTIFICATION. THE PORT OF BELLINGHAM CONTINUES TO BE A STAGE AND TESTING GROUND FOR INNOVATIVE APPROACHES TO...

PAPER WHALE HOSTS GATHERINGS TO PLATFORM CREATIVITY AND DISCUSSION AROUND COMMUNITY BEAUTIFICATION. THE PORT OF BELLINGHAM CONTINUES TO BE A STAGE AND TESTING GROUND FOR INNOVATIVE APPROACHES TO GATHERING COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $28,979

Program Service Revenue $239,432

Investment Income $35

Other Revenue $0

TOTAL REVENUE $268,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,350

Program Expenses $161,451

Other Expenses $189,290

TOTAL EXPENSES $189,290

Year-over-Year Comparison

	2024	2023	Change
Revenue	$268,446	N/A	N/A
Expenses	$189,290	N/A	N/A
Net Income	$79,156	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

300

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON STRAIGHT	DIRECTOR	4.00	Director	$0	$0	$0
FREE BORSEY	DIRECTOR	4.00	Director	$0	$0	$0
CHELSEA JEPSON	TREASURER	4.00	Officer	$0	$0	$0
BRONSON LAMB	SECRETARY	4.00	Officer	$0	$0	$0
TICKER BA-AYE	VICE CHAIR	4.00	Officer	$0	$0	$0
SCOTT PELTON	CHAIRMAN	4.00	Officer	$0	$0	$0
NICHOLAS HARTRICH	EXECUTIVE DIRECTOR	40.00	Key Emp	$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	$268,446	$189,290	$117,814	$79,156