Artspace Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 688,838 | 1,133,844 | −445,006 | 86.3 | 26% |
| 2011 | 803,442 | 1,892,594 | −1,089,152 | 64.0 | 15% |
| 2012 | 5,191,445 | 5,044,860 | 146,585 | 20.5 | 10% |
| 2013 | 4,456,766 | 5,329,457 | −872,691 | 17.5 | 10% |
| 2014 | 5,211,105 | 6,022,589 | −811,484 | 13.9 | 11% |
| 2015 | 11,926,475 | 4,233,903 | 7,692,572 | 47.6 | 15% |
| 2016 | 6,193,148 | 3,980,167 | 2,212,981 | 57.8 | 17% |
| 2017 | 4,230,364 | 4,104,025 | 126,339 | 56.4 | 17% |
| 2018 | 4,391,541 | 4,219,766 | 171,775 | 55.4 | 16% |
| 2019 | 5,445,976 | 4,647,934 | 798,042 | 46.5 | 16% |
| 2020 | 4,813,637 | 4,596,880 | 216,757 | 47.6 | 15% |
| 2021 | 4,832,458 | 4,858,580 | −26,122 | 45.0 | 16% |
| 2022 | 7,535,260 | 5,146,631 | 2,388,629 | 47.4 | 18% |
| 2023 | 6,085,723 | 6,149,978 | −64,255 | 39.5 | 17% |
In its most recent public year (2023), this organization spent $64,255 more than it brought in. Its reserves stood at about 39.5 months of spending, down from 86.3 in 2010. Staff pay was 17% of spending. $40,000 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Artspace Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works