Nonprofit screen
Screen a listArtspace Projects Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$33Mrevenue
FY2024 · −5% in 3 yrs44staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−29.2%
Months of reserve2.7mo
Revenue growth (annualized)+5.0%
Middle half of peersMedianArtspace Projects
Where the money goes FY2024 · $42M spent
Programs$23M53%Management and general$19M45%Fundraising$595k1%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 12% of revenue stopped after FY2021
Walton Family Foundation Inc gave about $2.8M a year for two years, 12% of revenue in FY2021.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$1.2M in FY2023 and −$9.5M in FY2024. Cash covers 2.7 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor2
Strong governance
34 of 34 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 8 of its 8 returns, 11% of revenue in FY2024. $3.6M is traced federal awards from Department of the Treasury.
990 Part VIII · USAspending52funders
$3.5Ma year, last 3 years
39%from its largest funder
Funder’17’18’19’20’21’22’23Walton Family Foundation IncStopped after FY2021$1.5M$4.1M–The Ford FoundationOn and off$1.5M$752k$750k$750k$35kMargaret a Cargill FoundationOn and off$975k$500k$715k$1.5MThe Andrew W Mellon FoundationOn and off$500k$150k$800kThe Kresge FoundationOn and off$402k$400k$400k$200kWindgate Charitable Foundation IncNew in FY2023$900kDonor-advised giftsDonors not disclosed$17k$24k$161k$180k$333k$301k$397k22 other fundersUp to $247k a year each$11k$100k$491k$514k$394k$548k$193k
FundedThrough a donor-advised fundStopped