Nonprofit · EIN 47-1824082
SHOPSPACE INC
Tax-exempt · RALEIGH, NC 27603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $418,357 | $414,106 | $4,251 | $350,895 | $47,667 | $303,228 |
| December 31, 2024 | 990 | $382,551 | $354,329 | $28,222 | $343,693 | $44,716 | $298,977 |
| December 31, 2023 | 990 | $303,366 | $297,076 | $6,290 | $314,062 | $43,307 | $270,755 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $152,577
- of which government grants
- $11,571
- Membership dues
- $92,589
- Program service revenue
- $264,584
- Investment income
- $1,196
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $113,256
- Salaries, compensation and benefits (total)
- $157,121
- Professional fundraising fees
- $0
- Accounting fees
- $4,441
- Occupancy
- $127,053
- Depreciation
- $35,070
- Program services (functional)
- $403,146
- Management and general (functional)
- $10,960
Balance sheet and other
- Total assets, start of year
- $343,693
- Total assets, end of year
- $350,895
- Total liabilities, end of year
- $47,667
- Net assets, end of year
- $303,228
- Land, buildings and equipment
- $72,338
- Net assets without donor restrictions
- $303,228
- Gross receipts
- $418,357
- Employees
- 2
- Volunteers
- 15
- Year formed
- 2017
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM KNIGHT | TREASURER AND FOUNDER Trustee or director, Officer | 20 | $0 |
| DAVID NICOLAY | PRESIDENT AND FOUNDER Trustee or director, Officer | 4 | $0 |
| JULIE SCHMIDT | SECRETARY TO 7/31/2025 Trustee or director, Officer | 1 | $0 |
| MARY CATHERINE FLOYD NICOLAY | DIRECTOR AND FOUNDER Trustee or director | 1 | $0 |
| STEPHEN KEENE | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL HOUSE | DIRECTOR Trustee or director | 2 | $0 |
| ROBERT BEMIS | DIRECTOR Trustee or director | 4 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM KNIGHT | TREASURER AND FOUNDER Trustee or director, Officer | 20 | $0 |
| DAVID NICOLAY | PRESIDENT AND FOUNDER Trustee or director, Officer | 4 | $0 |
| JULIE SCHMIDT | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAM BLONDIN | DIRECTOR TO 11/2024 Trustee or director | 1 | $0 |
| MARY CATHERINE FLOYD NICOLAY | DIRECTOR AND FOUNDER Trustee or director | 1 | $0 |
| STEPHEN KEENE | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL HOUSE | DIRECTOR Trustee or director | 2 | $0 |
| ROBERT BEMIS | DIRECTOR Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM KNIGHT | TREASURER Trustee or director, Officer | 20 | $0 |
| DAVID NICOLAY | PRESIDENT Trustee or director, Officer | 4 | $0 |
| JULIE SCHMIDT | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAM BLONDIN | DIRECTOR Trustee or director | 1 | $0 |
| MARY CATHERINE NICOLAY | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN KEENE | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL HOUSE | DIRECTOR Trustee or director | 2 | $0 |
| ROBERT BEMIS | DIRECTOR Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1505 CAPITAL BLVD STE 18, RALEIGH, NC 27603-5953
- In care of
- % WILLIAM KNIGHT
- Principal officer (990 for 2025)
- WILLIAM KNIGHT, 1505 CAPITAL BLVD STE 18, RALEIGH, NC 27603
- Signed the 990
- WILLIAM KNIGHT, TREASURER
- Phone
- (984) 664-3320
- Website
- WWW.SHOPSPACE.ORG
- Return prepared by
- NORTON COLLAR LUND LILLEY PLLC
Mission
COMMUNITY CENTER FOR INDUSTRIAL ARTS.
Program accomplishments
- INDUSTRIAL ARTS CLASSES - STUDENTS PARTICIPATED IN LEARNING METAL CRAFT AND WOODWORKING SKILLS.Expenses $403,146 · revenue $197,979
- FEES FOR STUDIO USE - SPACE AND EQUIPMENT RENTALS ARE AVAILABLE TO MEMBERS WANTING TO UTILIZE OUR EQUIPMENT WITHOUT HAVING TO INVEST IN OR ESTABLISH THEIR OWN LOCATION OF OPERATIONS OR EQUIPMENT.revenue $66,605
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1824082
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A25)
- Assets (IRS master file)
- $350,895
- Income (IRS master file)
- $418,357
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $418,357 | $414,106 | $350,895 | IRS |
| 990 | December 2024 | $382,551 | $354,329 | $343,693 | XML |
| 990 | December 2023 | $303,366 | $297,076 | $314,062 | XML |
| 990 | December 2022 | $287,696 | $276,972 | $299,850 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1824082).
Questions about SHOPSPACE INC
- What is the EIN of SHOPSPACE INC?
- The employer identification number (EIN) of SHOPSPACE INC is 47-1824082.
- Is SHOPSPACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to SHOPSPACE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHOPSPACE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SHOPSPACE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHOPSPACE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SHOPSPACE INC?
- The 990 for the year ended December 31, 2025 names WILLIAM KNIGHT.
- Who are the officers and directors of SHOPSPACE INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does SHOPSPACE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $418,357, expenses of $414,106 and total assets of $350,895 at year end.
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