Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Spaceworks Nyc Inc.
990EZ • Fiscal year 2022 • EIN 46-0633792
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.43x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
33rd percentile
Faster asset growth than 33% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$5,367
Down $491 (-8.4%) from 2021
Net Assets
Down-$2,286
Down $541 (-31%) from 2021
Liabilities
Up$7,653
Up $50 (+0.7%) from 2021
Revenue And Expenses
Revenue
Down$149
Down $33,312 (-100%) from 2021
Expenses
Down$690
Down $27,395 (-98%) from 2021
Net Income
Down-$541
Down $5,917 (-110%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- Jun 29, 2023
- Return Version
- 2021v4.2
- Gross Receipts
- $149
Mission and Program Overview
Mission
Spaceworks nyc, inc. Is a not-for-profit real-estate development organization dedicated to expanding the supply of long-term, affordable rehearsal and studio space for artists in new york city.
The organization ceased programmatic operations as of 6/30/20 and voted to dissolve in march 2021.spaceworks nyc, inc. Is a not-for-profit real-estate development organization dedicated to expanding the supply of long-term, affordable rehearsal and studio space for artists in new york city.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION CEASED PROGRAMMATIC OPERATIONS AS OF 6/30/20 AND VOTED TO DISSOLVE IN MARCH 2021.SPACEWORKS NYC, INC. WAS A NOT-FOR-PROFIT REAL-ESTATE DEVELOPMENT ORGANIZATION DEDICATED TO EXPANDING THE SUPPLY OF LONG-TERM, AFFORDABLE REHEARSAL AND STUDIO SPACE FOR ARTISTS IN NEW YORK CITY. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID KOREN | Chair | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Spaceworks Nyc Inc
- EIN
- 46-0633792
- Phone
- 6463914729
- Address
- 348 W 38TH 9D, NEW YORK, NY 10018
Signing Officer
- Name
- James J Reilly
- Title
- Treasurer
- Phone
- 6463914729
- Signed
- 2023-06-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- CONDON O'MEARA MCGINTY & DONNELLY LLP
- Address
- ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
- Preparer
- Alexander Lazzaruolo
- Phone
- 2126617777
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: other revenue. Amount: 58. Description: general reimbursements. Amount: 91. Total to form 990-ez, line 8: 149.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: software & it. Amount: 108. Description: bank and processing fees. Amount: 532. Total to form 990-ez, line 16: 640.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable, net. Beg. Of year amount: 2,913. End of year amount: 0.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable & accrued expenses. Beg. Of year amount: 50. End of year amount: 100. Description: loan payable. Beg. Of year amount: 7,553. End of year amount: 7,553.”
Raw XML Appendix153 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DAVID KOREN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6463914729 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 348 W 38TH STREET 9D |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 110182991 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2945 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 5367 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 1 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -541 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 50 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 5858 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 5367 |
| IRS990EZ/GrossReceiptsAmt | 0 | 149 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -1745 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -2286 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -1745 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -2286 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DAVID KOREN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2913 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 640 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 149 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION CEASED PROGRAMMATIC OPERATIONS AS OF 6/30/20 AND VOTED TO DISSOLVE IN MARCH 2021.SPACEWORKS NYC, INC. IS A NOT-FOR-PROFIT REAL-ESTATE DEVELOPMENT ORGANIZATION DEDICATED TO EXPANDING THE SUPPLY OF LONG-TERM, AFFORDABLE REHEARSAL AND STUDIO SPACE FOR ARTISTS IN NEW YORK CITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION CEASED PROGRAMMATIC OPERATIONS AS OF 6/30/20 AND VOTED TO DISSOLVE IN MARCH 2021.SPACEWORKS NYC, INC. WAS A NOT-FOR-PROFIT REAL-ESTATE DEVELOPMENT ORGANIZATION DEDICATED TO EXPANDING THE SUPPLY OF LONG-TERM, AFFORDABLE REHEARSAL AND STUDIO SPACE FOR ARTISTS IN NEW YORK CITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7603 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 7653 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 690 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 149 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.SPACEWORKSNYC.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 10000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt | 0 | 20950 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt | 0 | 25100 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 56050 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 90806 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 367032 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3035379 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 3493217 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 67 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 63 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 80 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 210 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 178377 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 693421 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 430642 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1302440 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 67 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 63 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 80 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 210 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.98830 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.98930 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 4739607 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 10000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt | 0 | 20950 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt | 0 | 25100 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 56050 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 269183 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1060453 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3466021 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 4795657 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 269250 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1060516 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 3466101 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 4795867 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: OTHER REVENUE. AMOUNT: 58. DESCRIPTION: GENERAL REIMBURSEMENTS. AMOUNT: 91. TOTAL TO FORM 990-EZ, LINE 8: 149. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: SOFTWARE & IT. AMOUNT: 108. DESCRIPTION: BANK AND PROCESSING FEES. AMOUNT: 532. TOTAL TO FORM 990-EZ, LINE 16: 640. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS RECEIVABLE, NET. BEG. OF YEAR AMOUNT: 2,913. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCOUNTS PAYABLE & ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 50. END OF YEAR AMOUNT: 100. DESCRIPTION: LOAN PAYABLE. BEG. OF YEAR AMOUNT: 7,553. END OF YEAR AMOUNT: 7,553. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAMES J REILLY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6463914729 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-06-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SPACEWORKS NYC INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SPAC |
| ReturnHeader/Filer/EIN | 0 | 460633792 |
| ReturnHeader/Filer/PhoneNum | 0 | 6463914729 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 348 W 38TH 9D |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10018 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 133628255 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CONDON O'MEARA MCGINTY & DONNELLY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | ONE BATTERY PARK PLAZA 7TH FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10004 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2126617777 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALEXANDER LAZZARUOLO |
| ReturnHeader/ReturnTs | 0 | 2023-06-30T10:42:44-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JAMES |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | REILLY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-06-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $5,367
- Liabilities
- $7,653
- Net assets
- -$2,286
- Revenue
- $149
- Expenses
- $690
- Net income
- -$541