2024-10-04T12:10:50-05:00 2023-12-31 450250958 EIDE BAILLY LLP 5 TRIAD CENTER STE 600 SALT LAKE CITY UT 841801106 990 2023-01-01 942772520 ARTSPACE ARTS 8013550538 230 S 500 W STE 235 SALT LAKE CITY UT 84101 JESSICA NORIE PRESIDENT 8013550538 2024-10-03 1 0 KYLE FRITCH CPA P01313374 8015322200 2024-09-25 2023 2024-10-15 13:58:12Z JESSICA NORIE 230 S 500 W STE 235 SALT LAKE CITY UT 84101 6085723 0 X ARTSPACEUTAH.ORG X 1980 UT ARTSPACE IS A NONPROFIT DEVELOPER OF AFFORDABLE HOUSING AND WORK SPACE. 13 13 6 13 0 0 205823 280763 6594965 5729361 734472 75599 0 0 7535260 6085723 0 0 0 0 1041735 1173800 0 0 113627 4104896 4976178 5146631 6149978 2388629 -64255 35152188 32349714 14823190 12087855 20328998 20261859 ARTSPACE CREATES AFFORDABLE LIVING AND WORK SPACE FOR ARTISTS, CULTURAL ORGANIZATIONS, NON-PROFITS AND OTHERS TO REVITALIZE AND PROMOTE STABLE, VIBRANT AND SAFE COMMUNITIES. ARTSPACE ALSO UTILIZES NEW MARKETS TAX CREDITS IN LOW INCOME COMMUNITIES. 0 0 5839407 5729361 HOUSING - REVITALIZING THE COMMUNITY AND PROVIDING AFFORDABLE RENTAL UNITS TO LOW AND MODERATE INCOME TENANTS THROUGH BUILDING RENOVATIONS AND IMPROVEMENTS. COMMUNITY REDEVELOPMENT PROJECTS AND CREATION OF NEW AFFORDABLE HOUSING PROJECTS. 5839407 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 62 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 UT X JESSICA NORIE 8013550538 230 SOUTH 500 WEST SUITE 235 SALT LAKE CITY UT 84101 JENNIFER SPEERS CHAIR 1.00 X X 0 0 0 JOHN MILLIKEN SECRETARY/TREASURER 1.00 X X 0 0 0 ELIZABETH EVENSEN BOARD MEMBER 1.00 X 0 0 0 ROBERT LAKE BOARD MEMBER 1.00 X 0 0 0 WENDY LIONELLI BOARD MEMBER 1.00 X 0 0 0 JIM GLENN BOARD MEMBER (THRU 11/23) 1.00 X 0 0 0 PHILIP JEFFS BOARD MEMBER 1.00 X 0 0 0 ALISON PTAK BOARD MEMBER 1.00 X 0 0 0 KATHIE MILLER BOARD MEMBER 1.00 X 0 0 0 KISTY MORRIS BOARD MEMBER (THRU 11/23) 1.00 X 0 0 0 IRA RUBINFELD BOARD MEMBER 1.00 X 0 0 0 PAULA SANDLIAN BOARD MEMBER 1.00 X 0 0 0 ELIZABETH BRERETON BOARD MEMBER 1.00 X 0 0 0 JESSICA NORIE PRESIDENT 40.00 X 276319 0 19183 CYNTHIA FRANKE DEPUTY DIRECTOR 40.00 X 127010 0 10232 403329 0 29415 2 0 1 0 0 280763 280763 RENTAL REVENUE 531110 4924668 4924668 DEBT FORGIVENESS 531390 636717 636717 OTHER 531390 161916 161916 INTEREST INCOME 531390 6060 6060 5729361 75599 75599 6085723 5729361 0 75599 297266 167589 82232 47445 769413 660286 69200 39927 6451 4333 1343 775 18682 11769 4384 2529 81988 63809 11528 6651 18937 18353 370 214 66425 57613 5588 3224 1677 1250 271 156 106511 91851 9297 5363 458158 457340 519 299 11660 11187 300 173 506681 506681 1345493 1345493 242239 238974 2070 1195 REPAIRS & MAINTENANCE 1428575 1428575 PROPERTY TAXES 372116 372116 0 0 PROPERTY MANAGEMENT FEE 274770 274770 TAXES & LICENSES 13985 13948 24 13 128951 113470 9818 5663 6149978 5839407 196944 113627 2276431 2967319 1457268 204650 304716 55464126 28042855 28681583 27421271 113401 28220 2418855 1628188 35152188 32349714 118995 223447 14283361 11435957 420834 428451 14823190 12087855 X 20328998 20221859 40000 20328998 20261859 35152188 32349714 -64255 -2884 0 X 0 1 X 1 0 X 237490 232552 303383 205823 280763 1260011 237490 232552 303383 205823 280763 1260011 692912 567099 24895 1342 597 13091 75599 115524 1375535 26616138 0.41230 0.38330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4668920 4668920 46769179 24154104 22615075 765274 698425 66849 3260753 3190326 70427 27421271 RESTRICTED CASH 1608597 RENT RECEIVABLE 8682 OTHER RECEIVABLE 8959 GRANTS RECEIVABLE 1950 1628188 INTEREST PAYABLE 39621 SECURITY DEPOSIT LIABILITY 388830 428451 X PART X, LINE 2: ARTSPACE BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ENTITIES WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. X 0 0 0 0 0 0 0 0 0 JESSICA NORIE PRESIDENT 276319 0 0 0 0 0 11003 0 9945 0 297267 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD CONSISTS OF THE BOARD CHAIR, SECRETARY/TREASURER, AND OTHER BOARD MEMBERS APPROVED BY THE BOARD. THE EXECUTIVE COMMITTEE HAS AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF DIRECTORS EXCEPT AS PROHIBITED BY STATUTE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO COMPLETE A STATEMENT ANNUALLY INDICATING ANY POSSIBLE CONFLICT OR DUALITY OF INTEREST TO BE SUBMITTED TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT COMPENSATION IS DETERMINED AND APPROVED BY THE ARTSPACE BOARD EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. ARTSPACE AFFORDABLE HOUSING LLC 230 SOUTH 500 WEST SUITE 235 SALT LAKE CITY UT 84101 870523780 REAL ESTATE UT 820809 873971 ARTSPACE GREENERY LLC 230 SOUTH 500 WEST SUITE 235 SALT LAKE CITY UT 84101 812904122 REAL ESTATE UT 719530 2295259 ARTSPACE SCRAP LLC 230 SOUTH 500 WEST SUITE 235 SALT LAKE CITY UT 84101 142010875 REAL ESTATE UT 1877137 12685173 ARTSPACE ARTSPACE CITY CENTER LLC 230 SOUTH 500 WEST SUITE 235 SALT LAKE CITY UT 84101 841382079 REAL ESTATE UT 556664 2350339 ARTSPACE BRIDGE PROJECTS LLC 230 SOUTH 500 WEST SUITE 235 SALT LAKE CITY UT 84101 870639362 REAL ESTATE UT 975096 3662968 ARTSPACE BARREL LLC 230 SOUTH 500 WEST SUITE 235 SALT LAKE CITY UT 84101 454979992 REAL ESTATE UT 553197 6194260 ARTSPACE MACARONI FLATS LLC 230 SOUTH 500 WEST SUITE 235 SALT LAKE CITY UT 84101 474444776 REAL ESTATE UT 291587 5678581 ARTSPACE ARTSPACE COMMONS OWNERS ASSOCIATION INC 230 SOUTH 500 WEST SUITE 235 SALT LAKE CITY UT 84101 811250144 HOA MANAGEMENT UT ARTSPACE C 189327 198287 0.90590 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 ARTSPACE COMMONS OWNERS ASSOCIATION INC K 369720 CASH