Cityspace Inc is located in Easthampton, MA. The organization was established in 2008. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cityspace Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cityspace Inc generated $359.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 43.0% each year . All expenses for the organization totaled $120.4k during the year ending 12/2021. While expenses have increased by 31.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING AND ENCOURAGING LOCAL ARTISTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING AND ENCOURAGING LOCAL ARTISTS BY RENTING INEXPENSIVE SPACE TO CONDUCT THEIR TRADE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Burns Maxey President | OfficerTrustee | 15 | $0 |
Marcia Morrison Vice Preside | OfficerTrustee | 4 | $0 |
Carol Smith Clerk | OfficerTrustee | 4 | $0 |
Michael Tautznik Treasurer | OfficerTrustee | 15 | $0 |
Pasqualina Azzarello Director | Trustee | 4 | $0 |
Lystra Blake Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $338,685 |
Noncash contributions included in lines 1a–1f | $9,198 |
Total Revenue from Contributions, Gifts, Grants & Similar | $338,685 |
Total Program Service Revenue | $0 |
Investment income | $1,773 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $17,535 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $662 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $359,859 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,701 |
Office expenses | $7,451 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $70,321 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $503 |
Insurance | $1,670 |
All other expenses | $0 |
Total functional expenses | $120,379 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,777 |
Savings and temporary cash investments | $740,093 |
Pledges and grants receivable | $266,152 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $22,482 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,098,914 |
Total assets | $2,163,418 |
Accounts payable and accrued expenses | $1,119 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,119 |
Net assets without donor restrictions | $797,233 |
Net assets with donor restrictions | $1,365,066 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,163,418 |
Over the last fiscal year, we have identified 4 grants that Cityspace Inc has recieved totaling $55,042.
Awarding Organization | Amount |
---|---|
Beveridge Family Foundation Inc West Newbury, MA PURPOSE: CONSTRUCTION AND CAMPAIGN SUPPORT FOR THE OLD TOWN HALL TRANSFORMATION PROJECT | $35,000 |
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: ARTS & CULTURE | $10,000 |
Williston Northampton School Easthampton, MA PURPOSE: CHARITABLE SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Organization Name | Assets | Revenue |
---|---|---|
New York Historical Society New York, NY | $208,003,318 | $56,360,280 |
John E Andrus Memorial Inc Hastingsonhudson, NY | $34,101,989 | $32,146,743 |
Seventh Regiment Armory Conservancy Inc New York, NY | $306,083,724 | $25,857,761 |
American Society For Yad Vashem Inc New York, NY | $98,978,221 | $39,756,518 |
Preservation Society Of Newport County Newport, RI | $83,597,126 | $27,874,827 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
New England Historic Genealogical Society Inc Boston, MA | $58,526,477 | $13,569,592 |
Connecticut Trust For Historic Preservation Hamden, CT | $2,880,357 | $12,511,714 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |