ARTSPACE INC

Maynard, MA, US
501(c)3
EIN
04-2986718
Maynard, MA, US
501(c)3
EIN
04-2986718

Overview

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Est.

1987

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

ARTSPACE INC is a nonprofit organization dedicated to promoting the arts by leasing real estate to performing artists at below-market rental rates, while also providing arts education through classes, workshops, and tours. With an operating budget of $302.9K and total revenue of $256.6K for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.artspacemaynard.com.

Mission Statement

PROMOTION THE ARTS BY LEASING REAL ESTATE AND SUB-LEASING IT TO PERFORMING ARTISTS FOR STUDIO AND PERFORMACE SPACE AT BELOW MARKET RENTAL LEVELS AND TO PROVIDE ARTS EDUCATION CLASSES, WORKSHOPS, TOURS AND SIMILAR ACTIVITIES.
Revenues

$256.6K

Expenses

$302.9K

Net Income:
-$46.3K
Assets

$28.7K

Liabilities

$0

Net Assets:
+$28.7K
Operating Budget

$302.9K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$55.1K
Largest grant received
$100K
G
Gail Erwin
Board Member
K
Kristen Weight
Board Member
D
Denise Shea
Board Member

Frequently Asked Questions

What is ARTSPACE INC’s budget?
In 2024, ARTSPACE INC reported an annual operating budget of around $303 thousand. More detailed financial information is available to registered users.
What causes does ARTSPACE INC support?
ARTSPACE INC supports work in Arts services.
Where does ARTSPACE INC operate?
ARTSPACE INC is headquartered in Maynard, MA.
Who funded ARTSPACE INC recently?
In 2022, ARTSPACE INC received grants from VINIK FAMILY FOUNDATION, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and POWEROPTIONS INC. More information on this organization’s funders is available to registered users.
What is the largest grant ARTSPACE INC received in 2022?
The largest grant to ARTSPACE INC in 2022 exceeds $100 thousand.
What is ARTSPACE INC’s reliance on government grants?
ARTSPACE INC relied on government grants for more than 50% of their total revenue in 2024.
Overview
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