NonprofitsArtspace Projects Inc

Arts, Culture & Humanities

Artspace Projects Inc

MINNEAPOLIS, MN

Total revenue

$32.7M

Total expenses

$42.2M

Net assets

$25.8M

Grants received

$18.7M

111 grants

EIN

411350071

Tax year

2024

Mission

To create, foster, and preserve affordable space for artists, entrepreneurs, and organizations.

Programs

3 programs

Development - Develops workforce housing, artist live/workspaces and cultural facilities with both public agencies and private groups by involvement in real estate projects as project coordinator, developer, co-developer, and general contractor; informs and educates the general public and key decision makers about projects and issues related to workforce housing, space, artists and art facilities.

Expenses: $1.5M

Consulting - Artspace Consulting helps organizations and local governments design spaces for community services. We combine real estate expertise with insights into the creative sector to offer support, feasibility studies, and coaching. Our focus is on creating sustainable, affordable, and equitable spaces, and we've assisted over 300 communities and arts organizations in advancing projects that benefit creative communities.

Expenses: $730K

Asset & Performance Property Management - Asset Management oversees the Organization's limited partnership holdings to establish and maintain long-term financially and physically stable assets. It works closely with partners, funders, and management companies to ensure stability. Performance Property Management provides services for various projects and is responsible for overseeing daily operations, including financial management, physical conditions, tenant communications, and reporting on project statuses, particularly regarding issues that require owner input and decisions.

Expenses: $6.3MGrants: $804K

Financials

FY 2024

Revenue

Contributions & grants$15.2M
Program service revenue$14.2M
Investment income$3.1M
Other revenue$125K
Total revenue$32.7M

Expenses

Grants paid$804K
Salaries & benefits$6.5M
Fundraising$595K
Other expenses$34.9M
Total expenses$42.2M
Total assets$94.0M
Net assets$25.8M

People

43 listed

NameRoleCompensation

L Kelley Lindquist

President

Board

$272K

40 hrs/wk

William Law

Chief Operating Officer

Board

$202K

40 hrs/wk

Beth Chalmers

Chief Financial Officer

Board

$163K

50 hrs/wk

Peter Beard

Board Member

Board

1 hrs/wk

Terry Benelli

Board Member

Board

1 hrs/wk

Randall Boursheidt

Board Member

Board

1 hrs/wk

Diane Dalto

Board Member

Board

1 hrs/wk

Louis Lou DeMars

Board Member

Board

1 hrs/wk

Marie Feely

Board Member

Board

1 hrs/wk

Ian Friendly

Board Member

Board

1 hrs/wk

Roy Gabay

Board Member

Board

1 hrs/wk

Joe Gibbons

Board Member

Board

1 hrs/wk

Susan Kenny Stevens PhD

Board Member

Board

1 hrs/wk

Suzanne Kopplinger

Board Member

Board

1 hrs/wk

Peter A Lefferts

Board Member

Board

1 hrs/wk

Peggy Lucas

Board Member

Board

1 hrs/wk

Mark Manbeck

Board Member

Board

1 hrs/wk

Richard Martin Esq

Board Member

Board

1 hrs/wk

Dan C Mehls

Board Member

Board

1 hrs/wk

Sarah Oquist

Board Member

Board

1 hrs/wk

Ken Peterson

Board Member

Board

1 hrs/wk

Amit Poddar

Board Member

Board

1 hrs/wk

Elizabeth Redleaf

Board Member

Board

1 hrs/wk

Joel Ronning

Board Member

Board

1 hrs/wk

Christopher Scott

Board Member

Board

1 hrs/wk

Gloria Sewell

Board Member

Board

1 hrs/wk

Jason Stamm

Board Member

Board

1 hrs/wk

Chandler Wilson

Board Member

Board

1 hrs/wk

Irene Quarshie

Board Member

Board

1 hrs/wk

Betty Massey

Chair

Board

1 hrs/wk

Matthew E Damon

Vice Chair

Board

1 hrs/wk

Mary Margaret MacMillan

Immediate Past Chair

Board

1 hrs/wk

Gary Cunningham

Secretary

Board

1 hrs/wk

Barbara Portwood

Treasurer

Board

1 hrs/wk

Mark W Addicks

Board Member

Board

1 hrs/wk

Devon Akmon

Board Member

Board

1 hrs/wk

Osh Ashruf

Board Member

Board

1 hrs/wk

Greg Handberg until Dec

Sr. VP - Properties

Staff

$193K

50 hrs/wk

Kathleen Kvern

Sr. VP - National Advancement

Staff

$156K

40 hrs/wk

Wendy Holmes

Sr. VP - Consulting

Staff

$150K

50 hrs/wk

Stacey Mickelson

VP - Governmental Relation

Staff

$150K

40 hrs/wk

Naomi Chu

VP - Asset Management

Staff

$119K

40 hrs/wk

Andrew Michaelson

VP - Properties

Staff

$108K

40 hrs/wk

Independent contractors

Alyssa Kelley

Consulting - Grant Management

$128K

Grants received

Showing 111 of 111

FromAmountPurposeYear
$500K
GENERAL OPERATIONS OF THE ORGANIZATION
2024
$300K
to support an arts project in Chicago
2024
$150K
To support Pathways to support Native American arts and cultural organizations
2024
$125K
CAPITAL, INFRASTRUCTURE - BUILDING, RENOVATIONS
2024
$100K
PROJECT SUPPORT FOR PRE-DEVELOPMENT OF MIXED-USE AFFORDABLE ARTIST HOUSING IN DETROIT
2024
$100K
Help maintain affordable housing for artists by finishing restoration of the 1896 building in Galveston, Texas
2024
$100K
to delay the Go Dark Date for The Cowles Center for Dance and Performing Arts beyond January 31, 2024 and through March 2024
2024
$80K
for general operating support
2024
$50K
PROJECT SUPPORT
2024
$25K
General operating support; GOP
2024
$16K
DONOR ADVISED, ARTS, CULTURE, HUMANITIES
2024
$10K
GOS
2024
$2K
GOS
2024
$1K
GENERAL OPERATIONS
2024
$500
OPERATING SUPPORT
2024
$271K
ARTS, CULTURE & HUMANITIES
2023
$250K
DETROIT COMMUNITY INITIATIVES
2023
$200K
THIS CROSS-TEAM PROJECT GRANT SUPPORTS THE ARTSPACE PROJECT PRE-DEVELOPMENT OF MIXED USE AFFORDABLE ARTISTS HOUSING IN THE CITY OF DETROIT.
2023
$125K
CAPITAL, INFRASTRUCTURE - BUILDING, RENOVATIONS
2023
$80K
For general operating support - Artspace Projects is a real estate developer that creates, fosters, and preserves affordable live/work space for artists and arts organizations.
2023
$50K
PROJECT SUPPORT
2023
$50K
Fiscal sponsor for The Cowles Center, supporting its Generating Room program and sunsetting
2023
$35K
CORE SUPPORT FOR RESEARCH ON COMPARABLE MODELS, DEFINE OPPORTUNITIES AND CHALLENGES OF STRATEGIES PROPOSED, AND INCORPORATE ARTSPACE EXPERTISE AND EXPERIENCE TO FULLY DEFINE THE AFFORDABLE ARTIST HOUSING CONCEPT
2023
$33K
PROGRAM SUPPORT
2023
$18K
For grant recipient's exempt purposes
2023
$15K
GOS
2023
$10K
GENERAL PURPOSE
2023
$10K
GOS
2023
$8K
HUMAN SERVICES
2023
$7K
DONOR-ADVISED, ARTS- CULTURE- HUMANITIES
2023
$2K
GOS
2023
$500
GOS
2023
$1.5M
ARTSPACE REGRANTING TO SUPPORT ANCHOR SITES DEVELOPMENT
2022
$253K
ARTS, CULTURE & HUMANITIES
2022
$167K
HS: TEMPORARY AND TRANSITIONAL HOUSING
2022
$100K
TO SUPPORT A PRE-DEVELOPMENT GRANT TO ARTSPACE TO SUPPORT AN AFFORDABLE AND SUPPORTIVE HOUSING PROJECT IN BALTIMORE.
2022
$50K
RENOVATION
2022
$50K
PROJECT SUPPORT
2022
$33K
PROGRAM SUPPORT
2022
$25K
General Operations
2022
$20K
GOS
2022
$19K
GENERAL OPERATIONS
2022
$15K
GENERAL OPERATING SUPPORT
2022
$15K
TO SUPPORT FEASIBILITY STUDY TO PROVIDE AFFORDABLE HOUSING FOR THE ARTS IN ANN ARBOR, MICHIGAN.
2022
$15K
GOS
2022
$13K
For grant recipient's exempt purposes
2022
$13K
GOS
2022
$10K
TO SUPPORT THE GENERAL OPERATIONS OF THE ORGANIZATION, WHICH CREATES, FOSTERS, AND PRESERVES AFFORDABLE HOUSING FOR ARTISTS AND CULTURAL PRACTITIONERS.
2022
$6K
DONOR-RECOMMENDED, ARTS & CULTURE
2022
$2K
GOS
2022
$1K
PRI INTEREST FORGIVENESS
2022
$1K
GOS
2022
$908
GOS
2022
$500
GOS
2022
$244
GOS
2022
$80K
for general operating support
2021
$80K
for general operating support
2021
$80K
for general operating support
2021
$80K
for general operating support
2021
$75K
Construction
2021
$33K
PROGRAM SUPPORT
2021
$27K
ARTS, CULTURE & HUMANITIES
2021
$14K
ARTS & CULTURE
2021
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$6K
GENERAL SUPPORT
2021
$750K
General support and core support for institutional strengthening
2020
$500K
SUPPORT FOR THE OGLALA LAKOTA ARTSPACE
2020
$200K
TO SUPPORT CHICAGO IMMERSION PROGRAM
2020
$80K
For general operating support
2020
$80K
For general operating support
2020
$75K
Operating Support
2020
$75K
ARTSPACE UTICA PREDEVELOPMENT SUPPORT FOR MIXED-USE ARTIST
2020
$75K
GENERAL SUPPORT AND VARIOUS PROJECTS
2020
$50K
Project Support
2020
$25K
OPERATIONS
2020
$17K
CONSULTANT TO DEVELOP JEDI FRAMEWORK
2020
$16K
GOS
2020
$15K
GOS
2020
$15K
GOS
2020
$13K
For grant recipient's exempt purposes
2020
$12K
General support
2020
$4K
GOS
2020
$500
GOS
2020
$500
GENERAL OPERATING SUPPORT
2020
$50K
CAPACITY BUILDING
2019
$24K
For grant recipient's exempt purposes
2019
$6K
General support
2019
$200K
DEVELOPMENT PROJECT ASSISTANCE
2018
$112K
RESTRICTED TO 2018 ACTIVITIES BY SALLY ROUSSE & COLLABORATORS AT COWLES CENTE
2018
$65K
CAPACITY BUILDING
2018
$43K
For grant recipient's exempt purposes
2018
$25K
CAPITAL SUPPORT
2018
$6K
General Support
2018
$16K
LINDQUIST LEGACY FUND
2017
$8K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$18.7M from 46 funders · 111 grants · 2017–2024

Windgate Charitable Foundation Inc

$9.0M · 4 grants · 2023–2024

Margaret A Cargill Foundation

$2.0M · 2 grants · 2020–2022

The Ford Foundation

$785K · 2 grants · 2020–2023

The McKnight Foundation

$740K · 9 grants · 2020–2024

Donor Advised Charitable Giving Inc

$552K · 3 grants · 2021–2023

The Wurtele Foundation

$500K · 1 grant · 2024

Gates Family Foundation

$325K · 6 grants · 2020–2024

Details

EIN411350071
NTEE codeA900
Subsection03
Ruling date1984-01
Formed1978
Employees44
Volunteers40
ARTSPACE PROJECTS INC — Mission, Financials & Grants Received | Grantivo