Lambro6: Your bridge currently looks statically indeterminate, I think. Therefore, there is probably not a simplistic equation. It would probably require a structural analysis.
Your arch member (member 2) is a 9.0 mm square cross section (b = 9.0 mm). By scaling your drawing, I assumed the height of your arch (from the ground surface to the member 2 centerline) is a2 = 126.5 mm, and I assumed half of the arch horizontal length (from the bridge vertical centerline to where the member 2 centerline intersects the ground surface) is a1 = 275.0 mm. I assumed the angle subtended by your arch, from the arch center to the arch end, is theta = 49.4 deg. Therefore, I assumed the arch radius of curvature is rho = a1/sin(theta) = 362.2 mm. I currently assumed your balsa bending ultimate strength is Stu = 20.5 MPa (?). I conservatively assumed all of your applied load (P1 = 196.2 N) is applied to the two midspan vertical strings. I assumed positive bending moment at the arch midspan causes tensile stress in the arch bottom fiber.
Therefore, for this particular arch, the arch maximum bending stress occurs at the arch midspan (x = 275.0 mm). The arch midspan axial stress, plus top fiber bending stress, due to applied load P1 is, sigma1 = -0.984 - 28.03 = -29.01 MPa. Therefore, sigma1/P1 = -0.14786 MPa/N.
We want, -Stu = (sigma1/P1)*P2. Therefore, -20.5 = -0.14786*P2. Solving for P2 currently gives, P2 = 138.6 N. Therefore, if all of the above assumptions are correct, this currently seems to indicate the bridge could potentially support a midspan applied mass of P2/g = 14.1 kg (?). These results have not been checked.