ARTSPACE PROJECTS INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: ARTSPACE PROJECTS INC (EIN 41-1350071)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-08-30
IRS object ID: 202322429349300022
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-08-30T15:48:51-05:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	450250958	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Eide Bailly LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	800 Nicollet Mall Ste 1300	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	554027033	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	411350071	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Artspace Projects Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ARTS	BusinessNameControlTxt
Phone	6123339012	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	250 3rd Avenue North 400	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Steve Stanley	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	6123339012	PhoneNum
Signature	2023-08-28	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Steve	PersonFirstNm
Person Last	Stanley	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Kim Hunwardsen CPA	PreparerPersonNm
PTIN	P00484560	PTIN
Phone	6122536500	PhoneNum
Preparation	2023-08-28	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	L Kelley Lindquist	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	250 3rd Avenue North 400	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$31,449,801	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.artspace.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1978	FormationYr
Legal Domicile State	MN	LegalDomicileStateCd
Activity Or Mission	To create, foster, and preserve affordable space for artists and arts organizations.	ActivityOrMissionDesc
Voting Members Governing Body	40	VotingMembersGoverningBodyCnt
Voting Members Independent	40	VotingMembersIndependentCnt
Total Employee	51	TotalEmployeeCnt
Total Volunteers	40	TotalVolunteersCnt
Total Gross UBI	$141,424	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$8,779,806	PYContributionsGrantsAmt
CY Contributions Grants	$14,176,887	CYContributionsGrantsAmt
PY Program Service Revenue	$23,938,296	PYProgramServiceRevenueAmt
CY Program Service Revenue	$16,375,352	CYProgramServiceRevenueAmt
PY Investment Income	$745,312	PYInvestmentIncomeAmt
CY Investment Income	$510,004	CYInvestmentIncomeAmt
PY Other Revenue	$1,037,399	PYOtherRevenueAmt
CY Other Revenue	$175,000	CYOtherRevenueAmt
PY Total Revenue	$34,500,813	PYTotalRevenueAmt
CY Total Revenue	$31,237,243	CYTotalRevenueAmt
PY Grants And Similar Paid	$1,646,057	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$734,479	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$5,820,193	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$6,670,577	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$589,088	CYTotalFundraisingExpenseAmt
PY Other Expenses	$25,097,325	PYOtherExpensesAmt
CY Other Expenses	$23,806,873	CYOtherExpensesAmt
PY Total Expenses	$32,563,575	PYTotalExpensesAmt
CY Total Expenses	$31,211,929	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,937,238	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$25,314	CYRevenuesLessExpensesAmt
Total Assets BOY	$90,966,612	TotalAssetsBOYAmt
Total Assets EOY	$88,532,198	TotalAssetsEOYAmt
Total Liabilities BOY	$63,013,206	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$60,426,934	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$27,953,406	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$28,105,264	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	Artspace's Mission is to create, foster, and preserve affordable space for artists and arts organizations.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$19,327,621	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$1,590,283	RevenueAmt
Desc	Real Estate Projects - Provides properties that are sensitive to the unique needs and environment necessary for artists, arts organizations, and arts venues, through wholly, or partially-owned limited partnerships which own commercial and/or residential properties. These real estate projects provide space for artists to work on their particular means of artistic expression. As an example, a painter or dancer needs space to produce a huge painting, or to practice their dance steps.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$1,227,099	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$7,399,192	RevenueAmt
Desc	Development - Develops artists' live/work space and cultural facilities with both public agencies and private groups by involvement in real estate projects as project coordinator, developer, co-developer, and general contractor; informs and educates the general public and key decision makers about projects and issues related to artists, space and art facilities.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$1,746,217	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$517,104	RevenueAmt
Desc	Consulting and Strategic Partnerships - Provides a computerized registry and handout of spaces available for rent or purchase; consulting services to arts organizations and individual artists around the country; support on real estate development projects, community building, diversity in the arts, and neighborhood development and the arts.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$6,547,530	ExpenseAmt
Grant	$734,479	GrantAmt
Revenue	$6,727,349	RevenueAmt
Desc	Asset & Property Management - Asset Management oversees and collaborates with artists cooperatives, arts tenants, partners, funders, and management companies of the Organization's limited partnership holdings, to establish and maintain long-term financially and physically stable assets. Property Management provides services for various projects, and is responsible for overseeing and coordinating the daily status of the project including financial, physical and tenant communications, and reporting on the ongoing status of the projects and with regard to issues requiring owner input and decisions.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$6,547,530	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$734,479	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$6,727,349	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$28,848,467	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	0	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	29	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	51	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	40	GoverningBodyVotingMembersCnt
Independent Voting Member	40	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	Yes (1)	InvestmentInJointVentureInd
Written Policy Or Procedure	Yes (1)	WrittenPolicyOrProcedureInd
States Where Copy Of Return Is Fld	AR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	HI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	TN	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Steve Stanley	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6123339012	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	250 3rd Avenue North Suite 400	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
L Kelley Lindquist
President	40.00	10.00	Yes (X)	$248,606	$0	$31,401
William Law
Chief Operating Officer	40.00	10.00	Yes (X)	$211,860	$0	$29,564
Greg Handberg
Sr. VP, Properties	50.00	0.00		$202,648	$0	$22,616	Yes (X)
Wendy Holmes
Sr. VP, Consulting	50.00	0.00		$192,136	$0	$36,046	Yes (X)
Kathleen Kvern
Sr. VP, National Advancement	40.00	10.00		$164,604	$0	$24,284		Yes (X)
Steve Stanley
Chief Financial Officer	50.00	2.00	Yes (X)	$156,877	$0	$33,154
Stacey Mickelson
VP, Government Relations	40.00	10.00		$147,106	$0	$18,993		Yes (X)
Naomi Chu
VP, Asset Management	40.00	0.00		$114,494	$0	$20,518		Yes (X)
Teri Deaver
VP, Consulting	50.00	0.00		$109,347	$0	$18,598		Yes (X)
Herman J Milligan Jr PhD
Chair/Past Chair	1.00	0.00	Yes (X)	$0	$0	$0			Yes (X)
Betty Massey
Vice Chair/Chair	1.00	0.00	Yes (X)	$0	$0	$0			Yes (X)
Irene Quarshie
Vice Chair	1.00	0.00	Yes (X)	$0	$0	$0			Yes (X)
Gary Cunningham
Secretary	1.00	0.00	Yes (X)	$0	$0	$0			Yes (X)
Mark Manbeck
Treasurer	1.00	0.00	Yes (X)	$0	$0	$0			Yes (X)
Peggy Lucas
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Joel Ronning
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Marie Feely
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Mark W Addicks
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Devon Akmon
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Peter Beard
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Terry Benelli
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Randall Boursheidt
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Diane Dalto Woosnam
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Matthew E Damon
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Louis Lou DeMars
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Janis Lane-Ewart
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Ian Friendly
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Roy Gabay
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Bonnie Heller Ended Mar
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Burton Kassell
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Peter A Lefferts
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Ceil Cirillo
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Richard Martin Esq
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Dan C Mehls
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Roger Opp Ended Nov
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Sarah Oquist
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Gloria Sewell
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Barbara Portwood
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Elizabeth Redleaf
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Annamarie Saarinen
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Susan Kenny Stevens PhD
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Curtis Thornhill
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Cree Zischke
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Osh Ashruf
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Suzanne Koepplinger
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Christopher Scott
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Neal Richardson
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Jason Stamm
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Joe Gibbons
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Mary Margaret McMillan
Board Member	1.00	0.00		$0	$0	$0			Yes (X)
Chandler Wilson
Board Member	1.00	0.00		$0	$0	$0			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,547,678	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$235,174	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	9	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Spectrum General Contractors
5135 E 38th Avenue	Denver	CO	80207	Construction/Architecture	$484,184
Kevin Daly Architects
3617 W Exposition Boulevard	Los Angeles	CA	90016	Construction/Architecture	$390,163
RATIO Architects
101 S Pennsylvania Street	Indianapolis	IN	46204	Construction/Architecture	$358,711
HHL Architects
172 Allen Street	Buffalo	NY	14201	Construction/Architecture	$327,508
Cuningham Group Architecture
201 Main St SE Ste 325	Minneapolis	MN	55414	Construction/Architecture	$206,386

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	8	CntrctRcvdGreaterThan100KCnt
Government Grants	$8,789,412	GovernmentGrantsAmt
All Other Contributions	$5,387,475	AllOtherContributionsAmt
Total Contributions	$14,176,887	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
Rental Revenue	531190	$7,540,616	$7,399,192	$141,424
Developer Fees	531390	$1,590,283	$1,590,283
Property Management Fees	531390	$1,073,848	$1,073,848
Consulting Services	531390	$517,104	$517,104
Project Fees	531390	$49,550	$49,550

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,603,951	TotalRevenueColumnAmt
Related Or Exempt Func Income	$5,603,951	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$16,375,352	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$722,562	TotalRevenueColumnAmt
Exclusion	$722,562	ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$212,558	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$212,558	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$212,558	TotalRevenueColumnAmt
Exclusion	-$212,558	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Debt Forgiveness	Desc
Business	900099	BusinessCd
Total Revenue Column	$175,000	TotalRevenueColumnAmt
Exclusion	$175,000	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$175,000	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$31,237,243	TotalRevenueColumnAmt
Related Or Exempt Func Income	$16,233,928	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$141,424	UnrelatedBusinessRevenueAmt
Exclusion	$685,004	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$734,479	TotalAmt
Program Services	$734,479	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,165,898	TotalAmt
Program Services	$770,203	ProgramServicesAmt
Management And General	$341,583	ManagementAndGeneralAmt
Fundraising	$54,112	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$4,457,905	TotalAmt
Program Services	$3,899,705	ProgramServicesAmt
Management And General	$224,367	ManagementAndGeneralAmt
Fundraising	$333,833	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$147,833	TotalAmt
Program Services	$129,510	ProgramServicesAmt
Management And General	$5,816	ManagementAndGeneralAmt
Fundraising	$12,507	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$554,902	TotalAmt
Program Services	$494,201	ProgramServicesAmt
Management And General	$27,484	ManagementAndGeneralAmt
Fundraising	$33,217	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$344,039	TotalAmt
Program Services	$290,279	ProgramServicesAmt
Management And General	$31,189	ManagementAndGeneralAmt
Fundraising	$22,571	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$25,416	TotalAmt
Program Services	$17,342	ProgramServicesAmt
Management And General	$4,577	ManagementAndGeneralAmt
Fundraising	$3,497	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$87,552	TotalAmt
Program Services	$59,739	ProgramServicesAmt
Management And General	$15,768	ManagementAndGeneralAmt
Fundraising	$12,045	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$518,759	TotalAmt
Program Services	$353,961	ProgramServicesAmt
Management And General	$93,428	ManagementAndGeneralAmt
Fundraising	$71,370	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$51,520	TotalAmt
Program Services	$40,818	ProgramServicesAmt
Management And General	$1,914	ManagementAndGeneralAmt
Fundraising	$8,788	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$677,534	TotalAmt
Program Services	$509,922	ProgramServicesAmt
Management And General	$146,721	ManagementAndGeneralAmt
Fundraising	$20,891	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,274,753	TotalAmt
Program Services	$2,087,540	ProgramServicesAmt
Management And General	$187,213	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$516,217	TotalAmt
Program Services	$451,294	ProgramServicesAmt
Management And General	$48,666	ManagementAndGeneralAmt
Fundraising	$16,257	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,901,470	TotalAmt
Program Services	$1,635,888	ProgramServicesAmt
Management And General	$265,582	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,063,408	TotalAmt
Program Services	$2,063,408	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$705,300	TotalAmt
Program Services	$593,137	ProgramServicesAmt
Management And General	$112,163	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
Bad Debt	$12,373,587	$12,273,569	$100,018
Equipment & Maintanance	$1,069,865	$901,983	$167,882
Master Leases	$1,013,595	$1,013,595
Project Management	$194,355	$194,355

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$333,542	TotalAmt
Program Services	$333,539	ProgramServicesAmt
Management And General	$3	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$31,211,929	TotalAmt
Program Services	$28,848,467	ProgramServicesAmt
Management And General	$1,774,374	ManagementAndGeneralAmt
Fundraising	$589,088	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$12,204,379	BOYAmt
EOY	$7,992,024	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$249,840	BOYAmt
EOY	$1,669,730	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$17,884,349	BOYAmt
EOY	$14,208,906	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$94,674	BOYAmt
EOY	$246,059	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$85,106,663	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$37,375,869	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$46,118,501	BOYAmt
EOY	$47,730,794	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$310,563	BOYAmt
EOY	$310,563	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$14,104,306	BOYAmt
EOY	$16,374,122	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$90,966,612	BOYAmt
EOY	$88,532,198	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$9,618,252	BOYAmt
EOY	$10,839,437	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$3,182,666	BOYAmt
EOY	$2,945,731	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$49,782,988	BOYAmt
EOY	$46,173,101	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$429,300	BOYAmt
EOY	$468,665	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$63,013,206	BOYAmt
EOY	$60,426,934	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$23,095,894	BOYAmt
EOY	$23,761,359	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,857,512	BOYAmt
EOY	$4,343,905	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$27,953,406	BOYAmt
EOY	$28,105,264	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$90,966,612	BOYAmt
EOY	$88,532,198	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$25,314	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$126,544	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,978,829	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$14,458,823	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,453,629	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$8,779,806	CurrentTaxYearMinus1YearAmt
Current Tax Year	$14,176,887	CurrentTaxYearAmt
Total	$56,847,974	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,978,829	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$14,458,823	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,453,629	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$8,779,806	CurrentTaxYearMinus1YearAmt
Current Tax Year	$14,176,887	CurrentTaxYearAmt
Total	$56,847,974	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$6,139,445	SubstantialContributorsTotAmt
Public Support Total170	$50,708,529	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$702,351	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$800,552	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$740,642	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$749,704	CurrentTaxYearMinus1YearAmt
Current Tax Year	$722,562	CurrentTaxYearAmt
Total	$3,715,811	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$140,753	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,809,247	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$334,383	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,037,399	CurrentTaxYearMinus1YearAmt
Current Tax Year	$175,000	CurrentTaxYearAmt
Total	$3,496,782	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$64,060,567	TotalSupportAmt
Gross Receipts Rltd Activities	$86,687,730	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.79160	PublicSupportCY170Pct
Public Support PY170	0.80060	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule A, Part II, Line 10, Explanation of Other Income:	FormAndLineReferenceDesc
Explanation	Debt Forgiveness - 2018 Amount: $ 140,753. 2019 Amount: $ 1,809,247. 2020 Amount: $ 334,383. 2021 Amount: $ 1,037,399. 2022 Amount: $ 175,000.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$28,848,467	FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$28,848,467	FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$1,000,000	FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$250,000	FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$1,000,000	CurrentYearMinus3Amt
Current Year Minus2	$1,000,000	CurrentYearMinus2Amt
Current Year Minus1	$1,000,000	CurrentYearMinus1Amt
Current Year	$1,000,000	CurrentYearAmt
Total	$4,000,000	TotalAmt

Field	Value	IRS element (for citing)
Lobbying Ceiling	$6,000,000	LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$44,166	CurrentYearMinus3Amt
Current Year Minus2	$29,167	CurrentYearMinus2Amt
Total	$73,333	TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$250,000	CurrentYearMinus3Amt
Current Year Minus2	$250,000	CurrentYearMinus2Amt
Current Year Minus1	$250,000	CurrentYearMinus1Amt
Current Year	$250,000	CurrentYearAmt
Total	$1,000,000	TotalAmt

Field	Value	IRS element (for citing)
Grassroots Ceiling	$1,500,000	GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,036,715	OtherCostOrOtherBasisAmt
Book Value	$10,036,715	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$73,947,130	OtherCostOrOtherBasisAmt
Depreciation	$37,375,869	DepreciationAmt
Book Value	$36,571,261	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,122,818	OtherCostOrOtherBasisAmt
Book Value	$1,122,818	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$47,730,794	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	Investments & Receivables With Related Parties	Desc
Book Value	$16,374,122	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$16,374,122	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	Security Deposits	Desc
Amt	$468,665	Amt

Field	Value	IRS element (for citing)
Total Liability	$468,665	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part X, Line 2:	FormAndLineReferenceDesc
Explanation	Artspace believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. Artspace would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Cowles Center	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	250 3rd Ave N Suite 400	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	271173436	RecipientEIN
IRC Section	501(c)(3)	IRCSectionDesc
Cash Grant	$734,479	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	Grant for Dance program.	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 2:	FormAndLineReferenceDesc
Explanation	Artspace Projects, Inc maintains an ongoing relationship with the recipient organization and has access to all financial records. This allows API to monitor the use of all funds.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
L Kelley Lindquist
President	$236,606	$0	$12,000	$0	$0	$0	$12,600	$0	$18,999	$0	$280,205	$0	$0	$0
William Law
Chief Operating Officer	$201,610	$0	$10,250	$0	$0	$0	$10,763	$0	$18,999	$0	$241,622	$0	$0	$0
Greg Handberg
Sr. VP, Properties	$192,998	$0	$9,650	$0	$0	$0	$10,132	$0	$12,682	$0	$225,462	$0	$0	$0
Wendy Holmes
Sr. VP, Consulting	$182,486	$0	$9,650	$0	$0	$0	$10,132	$0	$26,111	$0	$228,379	$0	$0	$0
Kathleen Kvern
Sr. VP, National Advancement	$156,604	$0	$8,000	$0	$0	$0	$8,400	$0	$16,081	$0	$189,085	$0	$0	$0
Steve Stanley
Chief Financial Officer	$148,877	$0	$8,000	$0	$0	$0	$8,000	$0	$25,352	$0	$190,229	$0	$0	$0
Stacey Mickelson
VP, Government Relations	$147,106	$0	$0	$0	$0	$0	$7,418	$0	$11,774	$0	$166,298	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 7	FormAndLineReferenceDesc
Explanation	The organization determines the total amount available for bonuses and that amount is then allocated to individuals based on their compensation and contributions to the organization. The final list of individuals receiving bonus payments is reviewed and approved by the Board Chair, President, and Chief Operating Officer.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 1a	The Executive Committee consists of all officers of the Corporation who are also directors, plus such at-large directors as the Board shall determine from time to time. The Executive Committee is empowered and authorized to act upon such matters as require action prior to the next regularly scheduled Board of Directors meeting and any such actions of the Executive Committee shall have the same force and effect as an action of the Board of Directors. The Executive Committee shall employ, discharge and determine the duties and compensation of the President.
Form 990, Part VI, Section B, line 11b	The Form 990 is reviewed and approved by the CFO and Finance Committee and also provided to the entire board prior to filing.
Form 990, Part VI, Section B, line 12c	Board members are required to sign off on the Conflict of Interest policy annually to show that they understand the policy. The conflict of interest statement was collected from all board members in the fall of 2020. An interested person may present the facts of the proposed transaction or arrangement, but may not discuss or vote on approval. The Chair of the Board or the respective Committee determines, if appropriate, if a disinterested person or committee needs to be appointed to investigate alternatives to the proposed transaction or arrangement.
Form 990, Part VI, Section B, line 15	Compensation for the President of Artspace Projects, Inc. is established by the Executive Committee based on comparable data available for various non-profit and for-profit real estate development salary surveys. Surveys for both non-profits and for-profits are used because staff retention is affected by both areas. The Board Chair reviews the President's performance on an annual basis. The Board Chair discusses this review with other Board Officers. Only cost of living or no increases have been provided since that time. The last review of the President was conducted in July of 2018. Compensation for other officers is determined by the President and Chief Operating Officer in consultation with the Board Chair. Compensation is based on comparable data available for various non-profit and for-profit real estate development salary surveys. Only cost of living or no increases have been provided since that time.
Form 990, Part VI, Section C, line 19	The Articles of Incorporation, Bylaws, Conflict of Interest policy, and financial information are provided upon request.
Form 990, Part XI, line 9:	Acquisition of Properties 126,544.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (32 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
Artspace Baltimore LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$0	$539,478	Artspace Projects Inc
Artspace Brainerd LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	201367855	Holding Company	MN	$0	$1,850,344	Artspace Projects Inc
Artspace Bridgeport LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	412018262	Holding Company	MN	$0	$0	Artspace Projects Inc
Artspace Bridgeport LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	CT	$368,355	$6,228,761	Artspace Projects Inc
Artspace CAFAC LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$141,984	$850,920	Artspace Projects Inc
Artspace Chicago LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$195,453	$1,602,587	Artspace Projects Inc
Artspace Everett LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$0	$1,480,377	Artspace Projects Inc
Artspace Harvester Artist Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	IA	$0	$2,260,022	Artspace Projects Inc
Artspace Hiawatha LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$0	$1,123,909	Artspace Projects Inc
Artspace Mt Baker Commercial LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$191,901	$2,198,967	Artspace Projects Inc
Artspace Mt Rainier LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MD	$401,220	$6,798,733	Artspace Projects Inc
Artspace Northern Warehouse Commercial Unit LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	472004838	Holding Company	MN	$486,024	$524,594	Artspace Projects Inc
Artspace Northrup King LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$2,135,130	$11,131,323	Artspace Projects Inc
Artspace Tannery LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	263695585	Holding Company	CA	$418,789	$548,471	Artspace Projects Inc
Artspace Kaplan LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	WA	$949,640	$6,221,927	Artspace Projects Inc
Artspace Tennessee Nonprofit LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	811744380	Holding Company	TN	$0	$7,459,021	Artspace Projects Inc
Bell School Landowner LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	LA	$0	$280,332	Artspace Projects Inc
Brookland Artspace Lofts Minnesota LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$0	$204,459	Artspace Projects Inc
City Hall Commercial LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$215,331	$2,566,596	Artspace Projects Inc
Hamilton Plaza LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$0	$168,376	Artspace Projects Inc
The Historic National Hotel Artist Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411975810	Holding Company	TX	$233,465	$2,348,981	Artspace Projects Inc
Historic Westside School LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	134342116	Holding Company	MN	$0	$1,903,378	Artspace Projects Inc
Jackson Flats LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$0	$129,690	Artspace Projects Inc
Kaddatz Artsist Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$98,400	$951,242	Artspace Projects Inc
Ola Ka Ilima Arts Center LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$228,870	$148,556	Artspace Projects Inc
Performance Property Management Company LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411928196	Holding Company	MN	$1,417,657	$361,932	Artspace Projects Inc
Riverside Artist Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411957459	Holding Company	MN	$0	$3,746,908	Artspace Projects Inc
Tashiro Arts Building LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	WA	$339,154	$1,072,096	Artspace Projects Inc
Towns on Grove LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MD	$13,664	$17,593	Artspace Projects Inc
Washington Studios LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411350071	Holding Company	MN	$380,740	$721,838	Artspace Projects Inc
Everett Stations Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411923434	Holding Company	MN	$0	$0	Artspace Projects Inc
Shubert Landholding LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	271080431	Holding Company	MN	-$14,414	$3,801,573	Artspace Projects Inc

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	The Cowles Center	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	250 3rd Avenue North Suite 400	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

Field	Value	IRS element (for citing)
EIN	271173436	EIN
Primary Activities	Theater	PrimaryActivitiesTxt
Legal Domicile State	MN	LegalDomicileStateCd
Exempt Code Section	501(c)(3)	ExemptCodeSectionTxt
Public Charity Status	Line 7	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	Artspace Projects Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Controlled Organization	Yes (1)	ControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (39 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Share Of EOY AssetsShareOfEOYAssetsAmt	Disproportionate AllocationsDisproportionateAllocationsInd	General Or Managing PartnerGeneralOrManagingPartnerInd	OwnershipOwnershipPct
Artspace Affordable Family Housing I LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	352248133	LIHTC Rental Housing	NY	Artspace Affordable Family Housing GP LLC	Rentals	$550,629	0	0	0.00400
Artspace Bell School LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	452821231	LIHTC Rental Housing	MN	Artspace Bell School LLC	Rentals	$18,609,326	0	0	0.00010
Artspace Brainerd LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	201387993	LIHTC Rental Housing	MN	Artspace Brainerd LLC	Rentals	$1,850,344	0	0	0.00010
Artspace Colorado Springs LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	883562090	LIHTC Rental Housing	MN	Artspace Brainerd LLC	Rentals	$3,750,001	0	0	0.00010
Artspace El Paso Lofts Housing LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	471830262	LIHTC Rental Housing	MN	Artspace El Paso Lofts LLC	Rentals	$3,249,010	0	0	0.00010
Artspace Everett LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	611569469	LIHTC Rental Housing	MN	Artspace Everett LLC	Rentals	$1,480,377	0	0	0.00010
Artspace Hastings Lofts LLLP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	475430917	LIHTC Rental Housing	MN	Artspace Hastings Lofts LLC	Rentals	$460,222	0	0	0.00010
Artspace Hiawatha LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	205002364	LIHTC Rental Housing	MN	Artspace Hiawatha LLC	Rentals	$1,123,909	0	0	0.00010
Artspace Jackson Flats LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	800825121	LIHTC Rental Housing	MN	Artspace Jackson Flats LLC	Rentals	$654,384	0	0	0.00010
Artspace Loveland LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	461966137	LIHTC Rental Housing	MN	Artspace Loveland LLC	Rentals	$1,146,827	0	0	0.00010
Artspace Mesa LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	810851404	LIHTC Rental Housing	MN	Artspace Mesa Lofts LLC	Rentals	$1,510,749	0	0	0.00010
Artspace Mt Baker Lofts LLLP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	900926924	LIHTC Rental Housing	MN	Artspace Mt Baker Lofts LLC	Rentals	$290,448	0	0	0.00010
Artspace Northern Warehouse LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	300500976	LIHTC Rental Housing	MN	Artspace Northern Warehouse LLC	Rentals	$1,796,653	0	0	0.00010
Artspace Patchogue Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	262299573	LIHTC Rental Housing	NY	Artspace Patchogue Lofts GP LLC	Rentals	$105,001	0	0	0.00010
Artspace Ridgway LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	841911903	LIHTC Rental Housing	CO	Artspace Ridgway GP LLC	Rentals	$8,733,917	0	0	0.00010
Artspace Trinidad LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	812431074	LIHTC Rental Housing	MN	Artspace Trinidad GP LLC	Rentals	$7,941,325	0	0	0.00010
Artspace Uptown Artist Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	471799091	LIHTC Rental Housing	MN	Uptown Artists Lofts LLC	Rentals	$2,716,481	0	0	0.00010
Brookland Artspace Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	264203805	LIHTC Rental Housing	DC	Brookland Artspace Loft Minnesota LLC	Rentals	$204,459	0	0	0.00010
City Hall Artist Lofts Ltd Dividend Housing Assoc LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	463342384	LIHTC Rental Housing	MN	City Hall Artist Lofts LLC	Rentals	$4,782,617	0	0	0.00010
El Barrio Artspace LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	383749676	LIHTC Rental Housing	NY	El Barrio Artspace LLC	Rentals	$5,228,255	0	0	0.00010
Elgin Artspace Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	264595718	LIHTC Rental Housing	MN	Elgin Artspace Lofts LLC	Rentals	$2,916,154	0	0	0.00010
Hamilton Artspace Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	454533940	LIHTC Rental Housing	MN	Hamilton Artspace Lofts LLC	Rentals	$1,116,849	0	0	0.00010
Harvester Artist Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	261274535	LIHTC Rental Housing	IA	Artspace Harvester Artist Lofts LLC	Rentals	$2,260,022	0	0	0.00010
Karcher Artspace Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	453013687	LIHTC Rental Housing	NY	Karcher Artspace Lofts LLC	Rentals	$3,140,029	0	0	0.00010
Minot Artspace Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	275153835	LIHTC Rental Housing	MN	Minot Artspace Lofts LLC	Rentals	$3,026,593	0	0	0.00010
Northside Artspace Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	832395364	LIHTC Rental Housing	MN	Northside Artspace Lofts GP LLC	Rentals	$6,185,973	0	0	0.00010
Ola Ka Ilima Lofts LLLP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	462951365	LIHTC Rental Housing	MN	Ola Ka Ilima Artspace Lofts LLC	Rentals	$16,151,243	0	0	0.00010
Pullman Artspace Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	320511861	LIHTC Rental Housing	MN	Pullman Artspace LLC	Rentals	$2,157,492	0	0	0.00010
Silver Spring Artspace Lofts LLLP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	320524829	LIHTC Rental Housing	MN	Silver Spring Artspace Lofts LLC	Rentals	$501,721	0	0	0.00010
South Main Artspace Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	812413448	LIHTC Rental Housing	TN	Artspace Tennessee Nonprofits LLC	Rentals	$7,459,021	0	0	0.00010
Tannery Artists Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	651287815	LIHTC Rental Housing	CA	Tannery Artsists Lofts LLC	Rentals	$682,926	0	0	0.00010
Brandt Jens Kluge LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411706530	LIHTC Rental Housing	MN	Artspace Projects Inc	Rentals	$10,202	0	0	0.49500
Tilsner Building LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411735426	LIHTC Rental Housing	MN	Artspace Projects Inc	Rentals	$447,898	0	0	0.00490
Artspace Riverside Partnership LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	810944775	LIHTC Rental Housing	NV	Riverside Artist Lofts LLC	Rentals	$1,397,788	0	0	0.60000
Riverside Artist Lofts LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	880424838	LIHTC Rental Housing	NV	Riverside Artist Lofts LLC	Rentals	$2,349,120	0	0	0.49500
Oglala Lakota Arts Center LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	474759489	LIHTC Rental Housing	MN	Artspace Projects Inc	Rentals	$2,418,918	0	0	0.00010
TZP LLP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411769748	LIHTC Rental Housing	MN	Artspace Projects Inc	Rentals	$844,562	0	0	0.50000
Sailboat Bend LP
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	200899374	LIHTC Rental Housing	MN	Sailboat Bend LLC	Rentals	$7,175,787	0	0	0.00010
Artspace Loveland Feed & Grain Building LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	464473028	LIHTC Rental Housing	MN	Artspace Loveland Feed & Grain MM LLC	Rentals	$5,272,649	0	0	0.00010

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (29 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd
Artspace Affordable Family Housing Development Corp
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	753201620	Holding Company	NY	Artspace Projects Inc	C	$550,629	1.00000	0
Artspace Affordable Family Housing GP LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	352248130	Holding Company	NY	Artspace Projects Inc	C	$110,871	1.00000	0
Artspace Bell School LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	452821231	Holding Company	MN	Artspace Projects Inc	C	$18,609,326	1.00000	0
Artspace Colorado Springs GP LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	883605797	Holding Company	MN	Artspace Projects Inc	C		1.00000	0
Artspace Development Corporation
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	411671600	Holding Company	MN	Artspace Projects Inc	C	$2,606,968	1.00000	0
Artspace El Paso Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	474699430	Holding Company	MN	Artspace Projects Inc	C	$3,249,010	1.00000	0
Artspace Jackson Flats LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	460978548	Holding Company	MN	Artspace Projects Inc	C	$654,384	1.00000	0
Artspace Hastings Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	822891923	Holding Company	MN	Artspace Projects Inc	C	$460,222	1.00000	0
Artspace Loveland LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	464287192	Holding Company	CO	Artspace Projects Inc	C	$1,146,827	1.00000	0
Artspace Mesa Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	822891923	Holding Company	MN	Artspace Projects Inc	C	$1,510,749	1.00000	0
Artspace Mt Baker Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	465046950	Holding Company	MN	Artspace Projects Inc	C	$290,448	1.00000	0
Artspace Northern Warehouse LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	454444950	Holding Company	MN	Artspace Projects Inc	C	$1,796,653	1.00000	0
Artspace Patchogue Lofts GP LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	262299526	Holding Company	NY	Artspace Projects Inc	C	$105,001	1.00000	0
Artspacde Ridgway GP LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	853878494	Holding Company	MN	Artspace Projects Inc	C	$8,733,917	1.00000	0
Artspace Trinidad GP LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	825181449	Holding Company	MN	Artspace Projects Inc	C	$7,941,325	1.00000	0
City Hall Artists Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	472263133	Holding Company	MN	Artspace Projects Inc	C	$4,782,617	1.00000	0
El Barrio Artspace GP LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	383749674	Holding Company	CA	Artspace Projects Inc	C	$5,228,255	1.00000	0
Elgin Artspace Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	453367984	Holding Company	MN	Artspace Projects Inc	C	$2,916,154	1.00000	0
Hamilton Artspace Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	464510083	Holding Company	MN	Artspace Projects Inc	C	$1,116,849	1.00000	0
Karcher Artspace Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	453669042	Holding Company	MN	Artspace Projects Inc	C	$3,140,029	1.00000	0
Minot Artspace Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	275153874	Holding Company	MN	Artspace Projects Inc	C	$3,026,593	1.00000	0
Northside Artspace Lofts GP LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	843296269	Holding Company	MN	Artspace Projects Inc	C	$6,185,973	1.00000	0
Ola Ka Ilima Artspace Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	464251071	Holding Company	MN	Artspace Projects Inc	C	$16,151,243	1.00000	0
Pullman Artspace LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	472757400	Holding Company	MN	Artspace Projects Inc	C	$2,157,492	1.00000	0
Sailboat Bend LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	200902980	Holding Company	FL	Artspace Projects Inc	C	$7,175,787	1.00000	0
Silver Spring Artspace Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	814224912	Holding Company	MN	Artspace Projects Inc	C	$501,721	1.00000	0
Tannery Artists Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	263695585	Holding Company	CA	Artspace Projects Inc	C	$682,926	0.90000	0
Uptown Artist Lofts LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	471798856	Holding Company	MN	Artspace Projects Inc	C	$2,716,481	1.00000	0
Artspace Loveland Feed & Grain MM LLC
250 3rd Avenue North Suite 400	Minneapolis	MN	55401	883455313	Holding Company	MN	Artspace Projects Inc	C	$5,272,649	1.00000	0

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	Yes (1)	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (1)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (1)	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (83 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
Ola Ka Ilima Lofts LLLP
R	$15,355,128	FMV
Artspace Bell School LP
D	$12,677,914	FMV
Artspace Trinidad LP
D	$6,643,585	FMV
South Main Artspace Lofts Limited Partnership
D	$3,803,862	FMV
Pullman Artspace Lofts LP
D	$3,380,320	FMV
City Hall Artist Lofts Ltd Dividend Housing Assoc LP
D	$3,255,618	FMV
Artspace Colorado Springs LP
D	$3,200,000	FMV
Artspace El Paso Lofts Limited Partnership
D	$2,855,866	FMV
Elgin Artspace Lofts Limited Partnership
D	$2,814,935	FMV
South Main Artspace Lofts Limited Partnership
R	$2,800,000	FMV
Artspace Ridgway Limited Partnership
D	$2,694,651	FMV
Artspace Bell School LP
R	$2,654,177	FMV
Artspace Bridgeport Limited Partnership
R	$2,571,735	FMV
Northside Artspace Lofts LP
Q	$2,440,178	FMV
Minot Artspace Lofts LP
D	$2,433,627	FMV
Karcher Artspace Lofts Limited Partnership
D	$2,198,664	FMV
Harvester Artist Lofts Limited Partnership
D	$2,039,142	FMV
Elgin Artspace Lofts Limited Partnership
R	$2,025,000	FMV
Artspace Northern Warehouse Limited Partnership
D	$1,800,432	FMV
Artspace Uptown Artist Lofts LP
D	$1,799,451	FMV
Artspace Hiawatha Limited Partnership
D	$1,699,925	FMV
Silver Spring Artspace LoftsLLLP
Q	$1,600,710	FMV
Affordable Family Housing
R	$1,576,919	FMV
El Barrio Artspace LP
R	$1,575,000	FMV
Affordable Family Housing
D	$1,550,613	FMV
Affordable Family Housing
S	$1,543,239	FMV
Riverside Artist Lofts Limited Partnership
D	$1,501,891	FMV
Northside Artspace Lofts LP
R	$1,451,634	FMV
Northside Artspace Lofts LP
D	$1,371,043	FMV
Riverside Artist Lofts Limited Partnership
S	$1,183,975	FMV
Tannery Artists Lofts Limited Partnersh1p
R	$1,121,516	FMV
Artspace Mesa Limited Partnership
D	$1,100,000	FMV
El Barrio Artspace LP
D	$1,090,104	FMV
Artspace Loveland LP
D	$1,011,200	FMV
Artspace Patchogue Lofts Limited Partnership
Q	$1,009,458	FMV
Artspace Northern Warehouse Limited Partnership
Q	$962,635	FMV
Artspace Everett Limited Partnership
D	$942,525	FMV
South Main Artspace Lofts Limited Partnership
Q	$830,211	FMV
Artspace Bridgeport Limited Partnership
D	$800,228	FMV
Artspace Everett Limited Partnership
Q	$768,953	FMV
Artspace Trinidad LP
Q	$722,815	FMV
City Hall Artist Lofts Ltd Dividend Housing Assoc LP
S	$701,504	FMV
Artspace Northern Warehouse Limited Partnership
R	$684,054	FMV
Hamilton Artspace Lofts Limited Partnership
D	$671,574	FMV
Ola Ka Ilima Lofts LLLP
Q	$643,303	FMV
Ola Ka Ilima Lofts LLLP
D	$641,653	FMV
Karcher Artspace Lofts Limited Partnership
Q	$582,754	FMV
Artspace Brainerd Limned Partnership
S	$572,787	FMV
Minot Artspace Lofts LP
S	$566,340	FMV
City Hall Artist Lofts Ltd Dividend Housing Assoc LP
Q	$556,672	FMV
Artspace Bell School LP
Q	$550,106	FMV
Artspace Ridgway Limited Partnership
Q	$550,106	FMV
Brookland Artspace Lofts LLC
D	$515,488	FMV
Artspace Mt Baker Lofts LLLP
D	$514,839	FMV
Artspace Uptown Artist Lofts LP
S	$509,124	FMV
Silver Spring Artspace LoftsLLLP
D	$500,000	FMV
Artspace Brainerd Limited Partnership
D	$465,135	FMV
Artspace Hastings Lofts LLLP
R	$460,370	FMV
TZP LLP
R	$358,629	FMV
Artspace Mesa Limited Partnership
Q	$354,970	FMV
Artspace Trinidad LP
R	$350,000	FMV
Artspace Patchogue Lofts Limited Partnership
D	$346,668	FMV
Hamilton Artspace Lofts Limited Partnership
Q	$330,578	FMV
Karcher Artspace Lofts Limited Partnership
R	$313,307	FMV
Artspace Uptown Artist Lofts LP
Q	$306,226	FMV
Artspace Jackson Flats Limited Partnership
Q	$295,362	FMV
El Barrio Artspace LP
Q	$293,518	FMV
Ti1lsner Building Limited Partnership
D	$273,535	FMV
Artspace Brainerd Limited Partnership
Q	$270,994	FMV
Tannery Artists Lofts Limited Partnersh1p
Q	$246,065	FMV
Artspace El Paso Lofts Limited Partnership
Q	$223,652	FMV
Artspace Jackson Flats Limited Partnership
D	$206,038	FMV
Pullman Artspace Lofts LP
Q	$199,398	FMV
Artspace Trinidad LP
S	$188,199	FMV
Harvester Artist Lofts Limited Partnership
S	$184,245	FMV
Brookland Artspace Lofts LLC
S	$147,185	FMV
Artspace El Paso Lofts Limited Partnership
S	$137,088	FMV
El Barrio Artspace LP
S	$91,049	FMV
Kaddatz Artist Lofts Limited Partnership
R	$83,959	FMV
Artspace Loveland LP
S	$69,050	FMV
Artspace Brainerd Limited Partnership
R	$60,213	FMV
Artspace Jackson Flats Limited Partnership
R	$57,286	FMV
Kaddatz Artist Lofts Limited Partnership
D	$51,557	FMV

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part IV	FormAndLineReferenceDesc
Explanation	TATEMENT OF ELECTION UNDER INTERNAL REVENUE CODE SECTION 168(h)(6)(F)(ii) Name of Taxpayer: Artspace Loveland Feed and Grain Building MM, LLC Address of Taxpayer: 250 3 Avenue North, Suite 400 Minneapolis, MN 55401 Taxpayer Identification Number: 88-3455313 Purpose of Election: The election pursuant to Section 168(h)(6)(F)(ii) may be made by an entity that is a tax-exempt controlled entity. Generally, an entity is a tax-exempt controlled entity if it is a corporation which is not tax-exempt and if 50% or more of the stock of such corporation is owned by one or more tax-exempt entities. An entity making the election pursuant to Section 168(h)(6)(F)(ii) shall not be treated as a tax-exempt entity for purposes of Internal Revenue Code Sections 168(h)(5) and 168(h)(6). Any gain recognized by a tax-exempt entity on any disposition of an interest in such entity (and any dividend or interest received or accrued by a tax-exempt entity from such tax-exempt controlled entity) will be treated as unrelated business taxable income. The purpose of this election is to treat Artspace Loveland Feed and Grain Building MM, LLC's allocable share of depreciable property owned by the partnership in which Artspace Loveland Feed and Grain Building MM, LLC's has an investment as property which is not tax-exempt use property. Artspace Loveland Feed and Grain Building MM, LLC's is entitled to make such election because it is a corporation or has elected to be treated for federal tax purposes as an association which is taxable as a corporation and is 100% owned by Artspace Projects, Inc. Artspace Loveland Feed and Grain Building MM, LLC hereby elects pursuant to Internal Revenue Code Section 168(h)(6)(F)(ii) not to be treated as a tax-exempt entity for purposes of applying the rules in Internal Revenue Code Sections 168(h)(5) and 168(h)(6). The tax-exempt status of Artspace Projects, Inc is not affected by this Statement of Election. Applicable Period: This Statement of Election is effective beginning with the taxable year ecember 31, 2022.	ExplanationTxt