Artspace Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
ARTSPACE FOSTERS ENGAGEMENT WITH THE VISUAL ARTS BY BRINGING ARTISTS AND COMMUNITIES TOGETHER TO CATALYZE NEW WAYS OF LEARNING, THINKING AND BEING.
- Income
- $8,745
- Spending
- $68,673
- Spent on programs
- 40%
- Reserves
- -24.6 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 0 out of 100. Higher than 0% of charities in its peer group (arts and culture, under $250k).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 281% of what it owns.
Living within its means
0 of 15Spending exceeded income by 685% of income.
Income trend
0 of 15Income fell 97% on the year before.
Spending floor
0 of 1540% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 12 out of 100. Higher than 0% of charities in its peer group (arts and culture, under $250k).
Independent board
0 of 250 of 0 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $27,183 spent. ARTSPACE'S GALLERY PROGRAM INCLUDES EXHIBITIONS IN VARIOUS FORMATS AND SCALES, INCLUDING INDIVIDUAL SOLO EXHIBITIONS, GROUP EXHIBITIONS, WINDOW INSTALLATIONS, AN ANNUAL ARTIST IN RESIDENCY, AND A LARGE CITY-WIDE FESTIVAL THAT ENCOMPASSES OFFSITE EXHIBITIONS AT AS MANY AS 65 SITES. WE INVITE PROPOSALS FROM ARTISTS AND CURATORS ANNUALLY THROUGH AN OPEN CALL. A GROUP OF 10 ELECTED VOLUNTEERS ARTISTS CURATORS, AND CRITICS SERVE AS A PEER-REVIEW CURATORIAL ADVISORY BOARD, ASSISTING THE STAFF IN THE SELECTION OF APPLICANTS FOR COMMISSIONS AND WITH PLANNING PORTIONS OF THE PROGRAMS, ARTSPACE ALSO OFFERES PROFESSIONAL DEVELOPMENT WORKSHOPS TO AID ARTISTS IN PROMOTING AND PRESENTING THEIR WORK TO CURATORS, GALLERIES AND INSTITUTIONS.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1987.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.