NonprofitsMidland Shared Spaces

Community Improvement & Capacity Building

Midland Shared Spaces

MIDLAND, TX

Total revenue

$1.2M

Total expenses

$1.4M

Net assets

$7.7M

Grants received

$1.7M

42 grants

EIN

454737063

Tax year

2024

Mission

Midland shared spaces provides affordable workspace for nonprofits at below market rents in a class a facility. Also provided is all furniture and equipment, high tech meeting rooms for trainings, smaller board rooms, commercial kitchen, and break rooms.midland shared spaces provides all inormation technology and communication services and equipment for tenant nonprofits as well as onsite technical service at below market rates.midland shared spaces provides collaborative networking with tenants, the nonprofit sector and the community at large as a catalyst for fundamental and lasting changes in the community.midland shared spaces provides fiscal sponsorship opportunities to organizations pursuing tax exempt status.

Financials

FY 2024

Revenue

Contributions & grants$663K
Program service revenue$565K
Investment income$34K
Other revenue
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$658K
Fundraising$32K
Other expenses$695K
Total expenses$1.4M
Total assets$7.7M
Net assets$7.7M

People

16 listed

NameRoleCompensation

AUTUMN VEST

EXECUTIVE DIR.

Board

$121K

40 hrs/wk

MARC KONDRUP

OPERATIONS DIR.

Board

$71K

40 hrs/wk

CORY RICHARDSON

Director

Board

1 hrs/wk

JOSEPH RAY HUGHES II

IMMED PAST PRES

Board

1 hrs/wk

ELISE KAIL

Director

Board

1 hrs/wk

DAVID POOLE

Treasurer

Board

1 hrs/wk

KRYSTA HADLOCK

Secretary

Board

1 hrs/wk

ADAM HERNANDEZ

Director

Board

1 hrs/wk

DAVID MEEK

Director

Board

1 hrs/wk

MEGHAN BERRY

Director

Board

1 hrs/wk

SUSANA NEALE

PRESIDENT ELECT

Board

1 hrs/wk

MARCEL CAMPOS

Director

Board

1 hrs/wk

LAURYN HENDRIX

President

Board

1 hrs/wk

ALEX HALE

Director

Board

1 hrs/wk

KOBY WEST

Director

Board

1 hrs/wk

GARY HIRES

IT DIRECTOR

Staff

$115K

40 hrs/wk

Grants received

Showing 42 of 42

FromAmountPurposeYear
$35K
General Operating supportand IT expansion
2024
$25K
PROGRAM SUPPORT
2024
$15K
OPERATING EXPENSES
2024
$15K
GENERAL OPERATING
2024
$15K
OPERATING FUNDS
2024
$5K
ARTS & CULTURE
2024
$200K
DESKTOP PC REPLACEMENT PROJECT
2023
$90K
LITERACY COALITION OF THE PERMIAN BASIN & IT EXPANSION
2023
$35K
General Operating supportand IT expansion
2023
$25K
OPERATING EXPENSES
2023
$20K
PROGRAM SUPPORT
2023
$20K
Community Development
2023
$15K
TO CONTRACT THE COMPLETION OF A LEGAL AND FEASIBILITY STUDY TO CREATE A GROUP HEALTH BENEFIT PLAN
2023
$10K
GENERAL OPERATING
2023
$5K
OPERATING FUNDS
2023
$5K
ARTS & CULTURE
2023
$5K
DIRECTOR'S CHOICE 2023
2023
$240K
LITERACY COALITION OF THE PERMIAN BASIN & IT EXPANSION
2022
$70K
FOR UNRESTRICTED GENERAL OPERATING SUPPORT
2022
$35K
General Operating supportand IT expansion
2022
$10K
GENERAL OPERATING
2022
$5K
COMMUNITY/LOCAL INITIATIVES
2022
$207K
Educational
2021
$50K
General Operating supportand IT expansion
2021
$150K
FOR THE BENEFIT OF THE LITERACY COALITION OF THE PERMIAN BASIN
2020
$80K
FOR UNRESTRICTED GENERAL OPERATING SUPPORT AND IT EXPANSION
2020
$74K
ONE-TIME UNRESTRICTED COVID GRANT
2020
$60K
OPERATING EXPENSE
2020
$50K
General Operating supportand IT expansion
2020
$47K
TO FUND THE A.I.R. STUDY FOR THE BENEFIT OF THE LITERACY COALITION OF THE PERMIAN BASIN
2020
$20K
OPERATING EXPENSE
2020
$18K
PERMIAN BASIN GIVES MATCHING GRANT
2020
$10K
GENERAL OPERATING
2020
$5K
OPERATIONS
2020
$500
MATCHING GIFTS PROGRAM
2020
$5K
OPERATIONS
2018
$1K
STATE OF NON-PROFITS LUNCHEON
2018
$1K
OPERATIONAL EXPENSES
2018

Funded by

$1.7M from 15 funders · 42 grants · 2018–2024

Fmh Foundation

$390K · 3 grants · 2020–2023

Abell-Hanger Foundation

$380K · 7 grants · 2020–2023

Scharbauer Foundation Inc

$275K · 3 grants · 2018–2023

Permian Basin Area Foundation

$227K · 2 grants · 2021–2023

The Henry Foundation

$205K · 5 grants · 2020–2024

Wayne & Jo Ann Moore Charitable

$60K · 3 grants · 2020–2024

Helen Greathouse Charitable Trust

$45K · 4 grants · 2020–2024

Warren Charitable Foundation

$45K · 2 grants · 2023–2024

Details

EIN454737063
NTEE codeS40
Subsection03
Ruling date2013-02
Formed2012
Employees7
Volunteers20
MIDLAND SHARED SPACES — Mission, Financials & Grants Received | Grantivo