Artspace
- Assets
- $128.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 06/1990
- Data as of
- 06/2023
- EIN
- 62-1375828
Organization Overview
Artspace is located in Richmond, VA. The organization was established in 1990. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Artspace 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 06/2023, Artspace generated $126.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $109.8k during the year ending 06/2023. While expenses have increased by 14.5% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Michael Holten President | 20 | $0 | |
Dana Frostick Treasurer | 38 | $0 | |
Heidi Thacker Secretary | 5 | $0 | |
Martha Prideaux Co-Vice-President/president Elect | 10 | $0 | |
Susan Cary Co-Vice-President/president Elect And Co-Chair Of Programming And Partnerships Committee | 10 | $0 | |
Paul Terrell Jr Vice-President For Membership | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,740 |
| Total Program Service Revenue | $49,221 |
| Membership dues | $23,326 |
| Investment income | $490 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,287 |
| Other Revenue | $2,389 |
| Total Revenue | $126,453 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,083 |
| Occupancy, rent, utilities, and maintenance | $44,769 |
| Printing, publications, postage, and shipping | $1,741 |
| Other expenses | $61,173 |
| Total expenses | $109,766 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,929 |
| Other assets | $0 |
| Total assets | $128,659 |
| Total liabilities | $1,082 |
| Net assets or fund balances | $127,577 |