Mission
Artspace's Mission is to Create, Foster, and Preserve Affordable and Sustainable Housing and Work Space for Artists, Entrepreneurs, and the Creative Workforce.
Public Charity
Artspace Projects Inc
Artspace Projects Inc is a Public Charity headquartered in Minneapolis, MN. Financial data from the 2024 filing: $32.7M revenue, $42.2M expenses, $94.0M total assets. 50 publicly reported grants to this organization, totaling roughly $2.8M, appear in IRS filings.
EIN: 411350071
Minneapolis, MN
Arts Services
NTEE: A90
Latest filing: 2024
Total Revenue$32.7M
Total Expenses$42.2M
Total Assets$94.0M
Grant Records50
Funding Total$2.8M
Filing Years2019–2024
Where $100 goes at Artspace Projects Inc
How Artspace Projects Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$85
Programs
the work itself
$13
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $85 for programs
$52
Real Estate Projects
$24
Asset & Performance Property Management
$6
Development
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
CAPITAL, INFRASTRUCTURE - BUILDING, RENOVATIONS
$125,000
For grant recipient's exempt purposes
$33,500
ARTS, CULTURE & HUMANITIES
$25,250
General operating support; GOP
$25,000
DONOR ADVISED, ARTS, CULTURE, HUMANITIES
$15,750
Showing up to 5 of 50 total records — full history available with membership.
Officers & Directors
Board Member
Amit Poddar
VP - Properties
Andrew Michaelson
Treasurer
Barbara Portwood
Chief Financial Officer
Beth Chalmers
Chair
Betty Massey
Board Member
Chandler Wilson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $32.7M | $42.2M | $94.0M |
| 2023 | $29.1M | $30.4M | $98.7M |
| 2022 | $31.2M | $31.2M | $88.5M |
| 2020 | $23.7M | $24.3M | $88.6M |
| 2019 | $27.8M | $28.9M | $83.6M |
Between 2019 and 2024, reported annual revenue grew from $27.8M to $32.7M (+18%), with total assets most recently reported at $94.0M.
Interactive year-over-year charts and full filing details available with membership.