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Federal ID# 411350071

Artspace Projects, Inc.

    • Minnesota Shubert Center

General Information

Organization Type CHARITY
Contact Person Beth Chalmers
Address 528 Hennepin Avenue, Suite 700, Minneapolis, MN 55403-
Phone Number (612) 669-0212
Purpose or Description To assist in the location, development, and management of artists' living and working, exhibition, rehearsal, performance, and support space; to contribute to the continued cultural viability of communities through both service and development efforts which enable arts organizations and low and moderate income artists to create more art and become more self-sufficient
Status Active
Extension None

Financial Information

For Fiscal Year Ending 12/31/2024

INCOME
Direct Public Support$11,701,473
Government Grants+ $3,547,642
Other Revenue+ $17,449,008
Total Revenue$32,698,123
EXPENSES
Amount Spent for Program or Charitable Purposes$22,570,769
Management/General Expense+ $19,072,240
Fundraising Expense+ $595,003
Total Expenses$42,238,012

Excess/Deficit
Total Revenue$32,698,123
Total Expenses- $42,238,012
Excess/Deficit$-9,539,889
End of Year Fund Bal/Net Worth
Total Assets$93,960,270
Total Liabilities- $68,119,710
End of Year Fund Bal/Net Worth$25,840,560

Financial Information for Prior Years


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