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Massachusetts · Nonprofit

Artspace Inc

Artspace Inc (Massachusetts) receives grants from 8 organizations whose IRS filings report $185,408 to it, the largest being VINIK FAMILY FOUNDATION ($100,000). 1 of them have funded it in more than one year.

Revenue FY2025
$276k
Funders on record
8
Grants received
$185k
Net assets
$27k
1/8 repeat funderspeak grant-dependency 37%
01What it does

What Artspace Inc does

Mission

Promotion of the Arts by leasing real estate and sub-leasing it to performing artists for studio and performance space at below market rental levels and to provide Arts education classes, workshops, tours, and similar activities.

As stated on its FY2025 Form 990.

Program

  1. Organization has secured a master tenancy of a building which is being sublet for use by artists as studios.

    $149,266 spent$90,184 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $149,266.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($280k) Expenses 100 ($307k) Net assets 100 ($377k)2018 Revenue 117 ($328k) Expenses 102 ($314k) Net assets 104 ($391k)2019 Revenue 118 ($331k) Expenses 92 ($282k) Net assets 119 ($448k)2020 Revenue 111 ($311k) Expenses 114 ($349k) Net assets 109 ($410k)2021 Revenue 104 ($292k) Expenses 135 ($415k) Net assets 76 ($287k)2022 Revenue 156 ($438k) Expenses 216 ($663k) Net assets 16 ($62k)2023 Revenue 124 ($347k) Expenses 74 ($226k) Net assets 20 ($75k)2024 Revenue 92 ($257k) Expenses 99 ($303k) Net assets 8 ($29k)2025 Revenue 98 ($276k) Expenses 90 ($278k) Net assets 7 ($27k)
'17'18'19'20'21'22'23'24'25
Revenue (98)Expenses (90)Net assets (7)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $449k to $305k (−32%).

$392k
$409k
$466k
$449k
$305k
$206k
$120k
$29k
$28k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 0% · 2021 11% · 2022 18% · 2023 61% · 2024 51% · 2025 41%. Grants only. Government contracts and fees sit inside program revenue.

65% of Artspace Inc’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,618 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

−$27k
’17
$14k
’18
$49k
’19
−$38k
’20
−$123k
’21
−$225k
’22
$121k
’23
−$46k
’24
−$2k
’25
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Suchitra Mumford

CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed8968698129
Joined·+1+0+7+1+6+3+6+4
No longer listed·03533427
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $10k → $29.

3 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Artspace Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Artspace Inc leans on a few funders — its largest provides 54% of grant income and the top three 88%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

54%
largest funder
88%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2022 62% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Artspace Inc draws 92% of its grant income from funders outside Massachusetts, across 4 states in all.

NY
MA
DE
FL

In-state vs out-of-state, by year

’18
’22
Massachusetts out of state home

Funder states come from each funder’s own filing. $23k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Artspace Inc receives grants from 8 organizations whose IRS filings report $185k to it.

Operating margin−1% · below the median
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)−0% · bottom quartile

this organization peer median middle 50% of peers· 12,262 arts & culture nonprofits $100k–$1M, FY2025

Organizations like Artspace Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

54% of spending goes to programs.

Program 54%Management 46%Fundraising 0%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for Artspace Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Artspace Inc?
Artspace Inc (Massachusetts) receives grants from 8 organizations whose IRS filings report $185,408 to it, the largest being VINIK FAMILY FOUNDATION ($100,000). 1 of them have funded it in more than one year.
How many funders does Artspace Inc have?
IRS filings report 8 organizations giving $185,408 in grants to Artspace Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Artspace Inc?
VINIK FAMILY FOUNDATION is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like Artspace Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Artspace →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing