AArts, Culture & HumanitiesEIN: 411350071· Ruling Year: 1984

Artspace Projects Inc

Minneapolis, Minnesota

BHealth Score
60B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.16×
Peer Median4.61×
💰
$29.1M
Total Revenue
📊
$30.4M
Total Expenses
🏦
$35.4M
Net Assets
📋
$63.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.7%
Year-over-year change (2022 → 2023)
Net Margin
-4.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.16
Net assets divided by total expenses
Liabilities-to-Assets
64.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$29,143,4307%$30,384,9693%$98,678,65311%
2022$31,237,2439%$31,211,9294%$88,532,1983%
2021$34,500,81345%$32,563,57534%$90,966,6123%
2020$23,726,99715%$24,291,95516%$88,637,9546%
2019$27,774,57015%$28,922,56715%$83,623,20713%
2018$32,690,09640%$34,047,47574%$74,144,25315%
2017$23,306,82722%$19,604,16945%$64,502,4328%
2016$29,751,46280%$35,730,629137%$59,670,6238%
2015$16,488,96310%$15,074,90917%$55,366,4157%
2014$18,402,86710%$18,136,05914%$51,915,6968%
2013$16,720,85517%$15,888,59617%$47,994,4241%
2012$20,026,60613%$19,051,46232%$47,444,3304%
2011$17,752,67469%$14,458,89661%$45,527,59821%
2010$10,497,012$9,008,486$37,593,224

Frequently Asked Questions

What does Artspace Projects Inc do?

Artspace Projects Inc is a arts, culture & humanities nonprofit organization based in Minnesota. It is classified under NTEE code A900 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Artspace Projects Inc financially healthy?

Based on our 9-metric Financial Health Score model, Artspace Projects Inc has a score of 60/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Artspace Projects Inc generate?

Artspace Projects Inc reports $32.7M in annual revenue and holds $94.0M in total assets, based on IRS filings.

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