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Filing year 2024

Artspace Projects Inc

Minneapolis, Minnesota·EIN 41-1350071·NTEE A900 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$32.7M
Total assets
$94M
Total expenses
$42.2M
Reported officers
43
Mission

Artspace's Mission is to Create, Foster, and Preserve Affordable and Sustainable Housing and Work Space for Artists, Entrepreneurs, and the Creative Workforce.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

President
Above 90th percentilevs Arts, Culture & Humanities peers in Minnesota
$296k
$315k
Base
$256k
Bonus
$16k
Other
Benefits
$18k
Chief Operating Officer
75th to 90th percentile
$226k
$241k
Base
$202k
Bonus
Other
Benefits
$20k
Sr. VP - Properties
Board Vice President
75th to 90th percentile
$214k
$228k
Base
$193k
Bonus
Other
Benefits
$17k
Chief Financial Officer
75th to 90th percentile
$185k
$197k
Base
$163k
Bonus
Other
Benefits
$20k
Sr. VP - National Advancement
Board Vice President
Median to 75th percentile
$180k
$192k
Base
$156k
Bonus
Other
Benefits
$21k
Sr. VP - Consulting
Board Vice President
Median to 75th percentile
$168k
$179k
Base
$150k
Bonus
Other
Benefits
$15k
VP - Governmental Relation
Board Vice President
Median to 75th percentile
$163k
$174k
Base
$109k
Bonus
Other
$41k
Benefits
$13k
VP - Asset Management
Board Vice President
Median to 75th percentile
$137k
$146k
VP - Properties
Board Vice President
25th percentile to median
$111k
$118k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 34 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Artspace Projects Inc equaled 0.7% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
0.7%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 10%
from 2023

From $268k in 2023 to $296k in 2024.

$268k
2023
$296k
2024
In today's dollarsEst.
Up 7% in real terms$293k to $315k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 10% from 2023 to 2024, while revenue rose 12%.

$268k in 2023 to $296k in 2024.
  • Chief Operating Officer pay fell 2% from 2023 to 2024.
  • Board Vice President pay fell 2% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Artspace Projects Inc

What does the Chief Executive Officer of Artspace Projects Inc earn?

In 2024, the Chief Executive Officer of Artspace Projects Inc received $295,535 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Artspace Projects Inc compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Minnesota, the 2024 pay of the Chief Executive Officer at Artspace Projects Inc falls in the top 10%. In 2024, the highest total compensation at Artspace Projects Inc equaled 0.7% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are Artspace Projects Inc's revenue and expenses?

In 2024, Artspace Projects Inc reported $32.7M in total revenue and $42.2M in total expenses on its IRS Form 990.

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