Mission
Promotion of the Arts by leasing real estate and sub-leasing it to performing artists for studio and performance space at below market rental levels and to provide Arts education classes, workshops, tours, and similar activities.
Public Charity
Artspace Inc
Based in Maynard, MA, Artspace Inc operates as a Public Charity. The organization reported $276K in revenue, $278K in expenses, $28K in total assets for fiscal year 2025. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $43K.
EIN: 042986718
Maynard, MA
Arts Services
NTEE: A90
Latest filing: 2025
Total Revenue$276K
Total Expenses$278K
Total Assets$28K
Grant Records4
Funding Total$43K
Filing Years2020–2025
Where $100 goes at Artspace Inc
How Artspace Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$77
Programs
the work itself
$21
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $77 for programs
$77
Organization has secured a master tenancy of a building which is being sublet for use by artists as studios
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PROGRAM SUPPORT
$12,500
For grant recipient's exempt purposes
$10,100
For grant recipient's exempt purposes
$10,100
AWARD AS PART OF POWEROPTIONS' TWENTIETH ANNIVERSARY
$10,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
President
Armand Diarbekirian
Clerk
Denise Shea
Director
Gail Erwin
Director
Jeannette M E Lee-Parikh
Director
Karen Myers
Director
Mary Jo Samojia
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $276K | $278K | $28K |
| 2024 | $257K | $303K | $29K |
| 2023 | $347K | $226K | $120K |
| 2022 | $438K | $663K | $206K |
| 2020 | $311K | $349K | $449K |
Between 2020 and 2025, reported annual revenue declined from $311K to $276K (-11%), with total assets most recently reported at $28K.
Interactive year-over-year charts and full filing details available with membership.