Nonprofit · EIN 94-2772520
ARTSPACE INC
Tax-exempt · SALT LAKE CTY, UT 84101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,907,294 | $6,051,741 | -$144,447 | $31,496,945 | $11,341,669 | $20,155,276 |
| December 31, 2023 | 990 | $6,085,723 | $6,149,978 | -$64,255 | $32,349,714 | $12,087,855 | $20,261,859 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $198,955
- Program service revenue
- $5,627,031
- Investment income
- $81,308
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $308,482
- Other salaries and wages
- $917,850
- Salaries, compensation and benefits (total)
- $1,349,752
- Professional fundraising fees
- $0
- Legal fees
- $7,845
- Accounting fees
- $56,270
- Occupancy
- $281,995
- Travel
- $20,797
- Depreciation
- $1,269,909
- Program services (functional)
- $5,527,997
- Management and general (functional)
- $348,669
- Fundraising (functional)
- $175,075
Balance sheet and other
- Total assets, start of year
- $32,349,714
- Total assets, end of year
- $31,496,945
- Total liabilities, end of year
- $11,341,669
- Net assets, end of year
- $20,155,276
- Land, buildings and equipment
- $26,446,096
- Net assets without donor restrictions
- $20,115,276
- Net assets with donor restrictions
- $40,000
- Gross receipts
- $5,907,294
- Employees
- 4
- Volunteers
- 11
- Year formed
- 1980
- State of legal domicile
- UT
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA NORIE | PRESIDENT Officer | 40 | $284,639 | $21,995 |
| CYNTHIA FRANKE | DEPUTY DIRECTOR Highest-paid employee | 40 | $140,000 | $12,345 |
| ANNASTASIA KAESSNER | DIRECTOR OF ASSET MANAGEMENT Highest-paid employee | 40 | $118,077 | $4,502 |
| ELIZABETH EVENSEN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN MILLIKEN | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ELIZABETH BRERETON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KIM HANNAY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT LAKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WENDY LEONELLI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KATHIE MILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALISON PTAK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| IRA RUBENFELD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAULA SANDLIAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER SPEERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA NORIE | PRESIDENT Officer | 40 | $276,319 | $19,183 |
| CYNTHIA FRANKE | DEPUTY DIRECTOR Highest-paid employee | 40 | $127,010 | $10,232 |
| JENNIFER SPEERS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN MILLIKEN | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ELIZABETH EVENSEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT LAKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WENDY LIONELLI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM GLENN | BOARD MEMBER (THRU 11/23) Trustee or director | 1 | $0 | $0 |
| PHILIP JEFFS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALISON PTAK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KATHIE MILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KISTY MORRIS | BOARD MEMBER (THRU 11/23) Trustee or director | 1 | $0 | $0 |
| IRA RUBINFELD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAULA SANDLIAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZABETH BRERETON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 230 S 500 W, SALT LAKE CTY, UT 84101-1129
- In care of
- % JESSICA NORIE
- Principal officer (990 for 2024)
- JESSICA NORIE, 230 S 500 W STE 235, SALT LAKE CITY, UT 84101
- Signed the 990
- JESSICA NORIE, PRESIDENT
- Phone
- (801) 355-0538
- Website
- ARTSPACEUTAH.ORG
- Return prepared by
- EIDE BAILLY LLP
Mission
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.
Program accomplishments
- 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.Expenses $5,527,997 · revenue $5,627,031
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 | Not 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
- 94-2772520
- 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
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $31,496,945
- Income (IRS master file)
- $5,907,294
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,907,294 | $6,051,741 | $31,496,945 | XML |
| 990 | December 2023 | $6,085,723 | $6,149,978 | $32,349,714 | XML |
| 990 | December 2022 | $7,535,260 | $5,146,631 | $35,152,188 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 94-2772520).
Questions about ARTSPACE INC
- What is the EIN of ARTSPACE INC?
- The employer identification number (EIN) of ARTSPACE INC is 94-2772520.
- Is ARTSPACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to ARTSPACE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ARTSPACE 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 ARTSPACE INC 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 ARTSPACE INC 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 ARTSPACE INC?
- The 990 for the year ended December 31, 2024 names JESSICA NORIE.
- Who are the officers and directors of ARTSPACE INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 3 received compensation from the organization, the highest $284,639 (JESSICA NORIE, PRESIDENT).
- How much revenue does ARTSPACE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,907,294, expenses of $6,051,741 and total assets of $31,496,945 at year end.
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