Artspace Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 101,506 | 99,139 | 2,367 | 3.9 | 17% |
| 2017 | 205,058 | 212,855 | −7,797 | -3.0 | 12% |
| 2018 | 263,880 | 235,259 | 28,621 | -1.4 | 12% |
| 2020 | 181,374 | 235,776 | −54,402 | -4.3 | 0% |
| 2021 | 209,140 | 224,014 | −14,874 | -5.3 | 0% |
| 2022 | 202,993 | 296,253 | −93,260 | -7.8 | 0% |
| 2023 | 219,365 | 298,504 | −79,139 | -10.9 | 0% |
In its most recent public year (2023), this organization spent $79,139 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10.9 months), down from 3.9 in 2014. Staff pay was 0% of spending.
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 Development Corporation'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