Civic Intelligence

Artspace Projects Inc.

990T • Fiscal year 2023 • EIN 41-1350071

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

Organization Profilewww.artspace.org

View Organization Page

528 Hennepin Ave 700Minneapolis, MN 55403

(612) 333-9012

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2010: $37,593,224Liabilities 2010: $15,468,979Net Assets 2010: $22,124,2452010Assets 2011: $45,527,598Liabilities 2011: $20,109,834Net Assets 2011: $25,417,7642011Assets 2012: $47,444,330Liabilities 2012: $20,864,627Net Assets 2012: $26,579,7032012Assets 2013: $47,994,424Liabilities 2013: $20,582,462Net Assets 2013: $27,411,9622013Assets 2014: $51,915,696Liabilities 2014: $24,419,368Net Assets 2014: $27,496,3282014Assets 2015: $55,366,415Liabilities 2015: $26,456,033Net Assets 2015: $28,910,3822015Assets 2016: $59,670,623Liabilities 2016: $38,671,984Net Assets 2016: $20,998,6392016Assets 2017: $64,502,432Liabilities 2017: $39,801,135Net Assets 2017: $24,701,2972017Assets 2018: $74,144,253Liabilities 2018: $49,979,873Net Assets 2018: $24,164,3802018Assets 2019: $83,623,207Liabilities 2019: $59,143,628Net Assets 2019: $24,479,5792019Assets 2020: $88,637,954Liabilities 2020: $65,779,606Net Assets 2020: $22,858,3482020Assets 2021: $90,966,612Liabilities 2021: $63,013,206Net Assets 2021: $27,953,4062021Assets 2022: $88,532,198Liabilities 2022: $60,426,934Net Assets 2022: $28,105,2642022Assets 2023: $98,678,653Liabilities 2023: $63,302,701Net Assets 2023: $35,375,9522023Assets 2024: $93,960,270Liabilities 2024: $68,119,710Net Assets 2024: $25,840,5602024

Latest loaded filing

2024

Assets$93,960,270
Liabilities$68,119,710
Net Assets$25,840,560
Open 2024 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MRevenue 2010: $10,497,012Expenses 2010: $9,008,486Net Income 2010: $1,488,5262010Revenue 2011: $17,752,674Expenses 2011: $14,458,896Net Income 2011: $3,293,7782011Expenses 2012: $19,051,4622012Revenue 2013: $16,720,855Expenses 2013: $15,888,596Net Income 2013: $832,2592013Revenue 2014: $18,402,867Expenses 2014: $18,136,059Net Income 2014: $266,8082014Revenue 2015: $16,488,963Expenses 2015: $15,074,909Net Income 2015: $1,414,0542015Revenue 2016: $29,751,462Expenses 2016: $35,730,629Net Income 2016: -$5,979,1672016Revenue 2017: $23,306,827Expenses 2017: $19,604,169Net Income 2017: $3,702,6582017Revenue 2018: $32,690,096Expenses 2018: $34,047,475Net Income 2018: -$1,357,3792018Revenue 2019: $27,774,570Expenses 2019: $28,922,567Net Income 2019: -$1,147,9972019Revenue 2020: $23,726,997Expenses 2020: $24,291,955Net Income 2020: -$564,9582020Revenue 2021: $34,500,813Expenses 2021: $32,563,575Net Income 2021: $1,937,2382021Revenue 2022: $31,237,243Expenses 2022: $31,211,929Net Income 2022: $25,3142022Revenue 2023: $29,143,430Expenses 2023: $30,384,969Net Income 2023: -$1,241,5392023Revenue 2024: $32,698,123Expenses 2024: $42,238,012Net Income 2024: -$9,539,8892024

Latest loaded filing

2024

Revenue$32,698,123
Expenses$42,238,012
Net Income-$9,539,889
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v7.0
Mission and Program Overview

Mission

Artspace's Mission is to create, foster, and preserve affordable space for artists and arts organizations.

Filing and Contact Details

Filer

Filer Name
Artspace Projects Inc
EIN
41-1350071
Phone
6123339012
Address
528 Hennepin Ave 700, Minneapolis, MN 55403

Signing Officer

Name
Beth Chalmers
Title
CFO
Phone
6123339012
Signed
2024-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Deb Nelson CPA
Phone
6122536500
Raw XML Appendix108 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990T/AddressChangeInd0X
IRS990T/AvlblPre2018NOLCarryoverAmt042495
IRS990T/BooksInCareOfDetail/PersonNm0Beth Chalmers
IRS990T/BooksInCareOfDetail/PhoneNum06122606338
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0528 Hennepin Ave Suite 700
IRS990T/BooksInCareOfDetail/USAddress/CityNm0Minneapolis
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd055403
IRS990T/BookValueAssetsEOYAmt0206307738
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/ItmzdSupplementalInfoGrp/ExplanationTxt0Section 1.263(a)-1(f) De Minimis Safe Harbor Election:The organization is making the de minimis safe harbor election under Reg. Sec. 1.263(a)-1(f).
IRS990T/ItmzdSupplementalInfoGrp/LineNum0Line 1
IRS990T/ItmzdSupplementalInfoGrp/PartNum0Part I
IRS990T/NetOperatingLossDeductionAmt00
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OtherTaxesAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt046282
IRS990T/Post2017NOLCarryoverGrp/PrincipalBusinessActivityCd0531120
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/NetUnrelatedDebtFincdIncmAmt0-2968
IRS990TScheduleA/OtherDeductionsAmt01000
IRS990TScheduleA/PrincipalBusinessActivityCd0531120
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt034103
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt01000
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt031135
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-2968
IRS990TScheduleA/TotUnrltTrdBusIncmAmt031135
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt034103
IRS990TScheduleA/TradeOrBusinessDesc0Rental of debt financed property
IRS990TScheduleA/UBIBeforeNOLDedAmt0-3968
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-3968
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AllocableDeductionAmt017999
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AllocableDeductionAmt116104
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAcquisitionAdjBasisPct00.83316
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAcquisitionAdjBasisPct10.97863
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAcquisitionDebtAmt01532826
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAcquisitionDebtAmt1381990
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAdjustedBasisAmt01839780
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAdjustedBasisAmt1390333
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/GrossIncomeAmt019046
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/GrossIncomeAmt115600
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/GrossIncomeReportableAmt015868
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/GrossIncomeReportableAmt115267
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/OtherDebtFinancedDeductionAmt015463
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/OtherDebtFinancedDeductionAmt115841
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/PropertyDesc0Mt Baker Commercial
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/PropertyDesc1Tannery Working Studio
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/StraightLineDepreciationDedAmt06140
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/StraightLineDepreciationDedAmt1615
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/TotalDebtFinancedDeductionAmt021603
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/TotalDebtFinancedDeductionAmt116456
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIComputedAmt00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Beth Chalmers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum06123339012
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Artspace Projects Inc
ReturnHeader/Filer/BusinessNameControlTxt0ARTS
ReturnHeader/Filer/EIN0411350071
ReturnHeader/Filer/PhoneNum06123339012
ReturnHeader/Filer/USAddress/AddressLine1Txt0528 Hennepin Ave 700
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055403
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eide Bailly LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 Nicollet Mall Ste 1300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0554027033
ReturnHeader/PreparerPersonGrp/PhoneNum06122536500
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Deb Nelson CPA
ReturnHeader/ReturnTs02024-11-11T14:18:39-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$94.0$68.1$25.8$32.7$42.2$9.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.7$63.3$35.4$29.1$30.4$1.24
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.5$60.4$28.1$31.2$31.2$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.0$63.0$28.0$34.5$32.6$1.94
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$88.6$65.8$22.9$23.7$24.3$0.56
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.6$59.1$24.5$27.8$28.9$1.15
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.1$50.0$24.2$32.7$34.0$1.36
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.5$39.8$24.7$23.3$19.6$3.70
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.7$38.7$21.0$29.8$35.7$5.98
2015Detailed filing. Detailed filing data is available for this year.$55.4$26.5$28.9$16.5$15.1$1.41
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.9$24.4$27.5$18.4$18.1$0.27
2013Detailed filing. Detailed filing data is available for this year.$48.0$20.6$27.4$16.7$15.9$0.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.4$20.9$26.6$19.1
2011Summary only. Only limited summary data is available for this year.$45.5$20.1$25.4$17.8$14.5$3.29
2010Summary only. Only limited summary data is available for this year.$37.6$15.5$22.1$10.5$9.01$1.49