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Nonprofit · EIN 85-3684422

ARTS MARKETPLACE AT STUDIO PARK

Tax-exempt · GRAND RAPIDS, MI 49503

Financials

$174K$374K2023$566K$581K2024
Revenue Expenses · by fiscal year end
Financials of ARTS MARKETPLACE AT STUDIO PARK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$566,202$581,153-$14,951$180,102$84,056$96,046
December 31, 2023990$174,211$373,596-$199,385$98,569$13,701$84,868
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$208,093
of which government grants
$10,000
Program service revenue
$337,405
Investment income
$0
Other revenue
$20,704

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$97,570
Salaries, compensation and benefits (total)
$126,102
Professional fundraising fees
$0
Accounting fees
$250
Occupancy
$200,991
Depreciation
$7,686
Program services (functional)
$523,533
Management and general (functional)
$57,620

Balance sheet and other

Total assets, start of year
$98,569
Total assets, end of year
$180,102
Total liabilities, end of year
$84,056
Net assets, end of year
$96,046
Land, buildings and equipment
$108,725
Net assets without donor restrictions
$96,046
Gross receipts
$566,202
Employees
10
Volunteers
7
Year formed
2020
State of legal domicile
MI

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAMIE DIONNEPRESIDENT
Trustee or director, Officer
5$0
CARA BREWERSECRETARY & TREASURER
Trustee or director, Officer
5$0
MEL TROMBLEYTRUSTEE
Trustee or director
1$0
PAOLA MENDOZATRUSTEE
Trustee or director
1$0
KRASHAWN MARTINTRUSTEE
Trustee or director
1$0
ARICK DAVISTRUSTEE
Trustee or director
1$0
JENNA CASTELLUCCIOTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
KRASHAWN MARTINTRUSTEE
Trustee or director
1$0
PAOLA MENDOZATRUSTEE
Trustee or director
1$0
MEL TROMBLEYTRUSTEE
Trustee or director
1$0
ARICK DAVISTRUSTEE
Trustee or director
1$0
JENNA CASTELLUCCIOTRUSTEE
Trustee or director
1$0
CARA BREWERSECRETARY & TREASURER
Trustee or director, Officer
5$0
JAMIE DIONNEPRESIDENT
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
121 IONIA AVE SW STE 125, GRAND RAPIDS, MI 49503-5120
In care of
% CARA BREWER
Principal officer (990 for 2024)
JAMIE DIONNE, 121 IONIA SW SUITE 125, GRAND RAPIDS, MI 49503
Signed the 990
JAMIE DIONNE, PRESIDENT
Phone
(616) 690-8051
Return prepared by
HUNGERFORD CPAS ADVISORS

Mission

REMOVE BARRIERS FOR WOMEN AND MINORITIES TO SELL THEIR GOODS IN DOWNTOWN GRAND RAPIDS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ARTS MARKETPLACE PROVIDES PREMIUM DOWNTOWN RETAIL SPACE TO OVER 50 WOMAN AND MINORITY OWNED START UPS (GROWING TO 100+). REMOVE START UP BARRIERS ALLOWING FOR SCALE AND LONGTERM SUCCESS, INCLUDING:A FULLY STAFFED, GORGEOUS RETAIL SPACE EVENT AND MARKETING SUPPORT WORKSHOPS AND COLLABORATION OPPORTUNITIES LOW RENT WITH SPACE FOR TESTING AND SCALABILITY BUILD COMMUNITY AMONG OUR MAKERS THROUGH EVENT ACTIVATIONS, WORKSHOPS AND MORE.
    Expenses $523,533 · revenue $358,109

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-3684422
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$180,102
Income (IRS master file)
$566,202

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$566,202$581,153$180,102XML
990December 2023$174,211$373,596$98,569XML
990December 2022$439,955$375,565$284,620IRS

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 85-3684422).

Questions about ARTS MARKETPLACE AT STUDIO PARK

What is the EIN of ARTS MARKETPLACE AT STUDIO PARK?
The employer identification number (EIN) of ARTS MARKETPLACE AT STUDIO PARK is 85-3684422.
Is ARTS MARKETPLACE AT STUDIO PARK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to ARTS MARKETPLACE AT STUDIO PARK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARTS MARKETPLACE AT STUDIO PARK 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 ARTS MARKETPLACE AT STUDIO PARK due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ARTS MARKETPLACE AT STUDIO PARK last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ARTS MARKETPLACE AT STUDIO PARK?
The 990 for the year ended December 31, 2024 names JAMIE DIONNE.
Who are the officers and directors of ARTS MARKETPLACE AT STUDIO PARK?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does ARTS MARKETPLACE AT STUDIO PARK have?
On its 990 for the year ended December 31, 2024 it reported revenue of $566,202, expenses of $581,153 and total assets of $180,102 at year end.

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