Overview

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Est.

1978

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Artspace Projects Inc is an arts services nonprofit dedicated to creating, fostering, and preserving affordable space for artists, entrepreneurs, and organizations. Based on its 2024 filing, it reported an operating budget of $41.4 million and total revenue of $32.7 million, with major support from WINDGATE CHARITABLE FOUNDATION INC, THE FORD FOUNDATION, and Walton Family Foundation Inc.

Mission Statement

To create, foster, and preserve affordable space for artists, entrepreneurs, and organizations.
Revenues
$32.7M
Expenses
$42.2M
Net Income:
-$9.5M
Assets
$94M
Liabilities
$68.1M
Net Assets:
+$25.8M
Operating Budget
$41.4M
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
26
Median grant size
$65K
Largest grant received
$8.1M
L
L Kelley Lindquist
Board Member
M
Mark W Addicks
Board Member
D
Devon Akmon
Board Member
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  • 73 funders
  • 108 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Artspace Projects Inc’s budget?
In 2024, Artspace Projects Inc reported an annual operating budget of around $41.4 million. More detailed financial information is available to registered users.
What causes does Artspace Projects Inc support?
Artspace Projects Inc supports work in Arts services.
Where does Artspace Projects Inc operate?
Artspace Projects Inc is headquartered in Minneapolis, MN.
Who funded Artspace Projects Inc recently?
In 2025, Artspace Projects Inc received grants from WINDGATE CHARITABLE FOUNDATION INC, WINDGATE CHARITABLE FOUNDATION INC, and Women's Foundation of Minnesota. More information on this organization’s funders is available to registered users.
What is the largest grant Artspace Projects Inc received in 2024?
The largest grant to Artspace Projects Inc in 2024 exceeds $8.1 million.
What is Artspace Projects Inc’s reliance on government grants?
Artspace Projects Inc relied on government grants for more than 10% of their total revenue in 2024.