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 |

