Artspace Projects Inc
Artspace's Mission is to Create, Foster, and Preserve Affordable and Sustainable Housing and Work Space for Artists, Entrepreneurs, and the Creative Workforce.
Artspace Projects Inc at a glance
In short: Artspace Projects Inc gave $729K across 7 grants in 2024 (avg $104K), mostly in Minnesota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $728,939
- -62.2% vs 2023
- Grants made (2024)
- 7
- +600.0% vs 2023
- Average grant
- $104,134
- -94.6% vs 2023
- Median grant
- $75,000
- Total assets
- $93,960,270
- -4.8% vs 2023
- Primary geography
- Minnesota (59% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Artspace Projects Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was The Cowles Center ($279K). Together the top 6 received $654K.
Organizations only. It also paid 1 grant to individuals ($75,000), which are not listed by name.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was in the $50–100K range: 6 grants of 12 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How Artspace Projects Inc gives
- Giving fell 56% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $503K (2020) to $1.9M (2023). In 2024 it made 7 grants totaling $729K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Cowles Center Minneapolis, MN | Grant for Dance program. | $278,939 |
| Little Eagle Arts Foundation Wisconsin Dells, WI | Pathway Program Stipend | $75,000 |
| Native American Community Development Institute Minneapolis, MN | Pathway Program Stipend | $75,000 |
| Racing Magpie Rapid City, SD | Pathway Program Stipend | $75,000 |
| Rosy Simas Danse Inc Minneapolis, MN | Pathway Program Stipend | $75,000 |
| Zuni Youth Enrichement Project Zuni, NM | Pathway Program Stipend | $75,000 |
| 1 grant to individuals Recipients not named | — | $75,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $93,960,270 | $32,698,123 | $42,238,012 | $728,939 | 7 | $3,110,795 |
| 2023 | $98,678,653 | $29,143,430 | $30,384,969 | $1,930,101 | 1 | $968,163 |
| 2022 | $88,532,198 | $31,237,243 | $31,211,929 | $734,479 | 1 | $510,004 |
| 2021 | $90,966,612 | $34,500,813 | $32,563,575 | $1,646,057 | 2 | $745,312 |
| 2020 | $88,637,954 | $23,726,997 | $24,291,955 | $502,841 | 1 | $139,014 |
About Artspace Projects Inc
Based on IRS filings
Artspace Projects Inc is a public charity focused on Arts, Culture & Humanities, based in Minneapolis, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $94.0M in total assets. In 2024, it awarded 7 grants totaling $729K. Net investment income was $3.1M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Artspace Projects Inc is led by L Kelley Lindquist, President on every filing since 2020; 8 of 42 officers listed in 2024 are compensated.
Officers on the 2024 filing
L Kelley Lindquist
President
On filings since 2020
40 hrs/week
$224K (2020) → $272K (2024)
Betty Massey
Chair
Vice Chair → Vice Chair & Chair, 2022
Vice Chair & Chair → Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Kathleen Kvern
Senior Vice President - National Advancement
Senior Vice President & National Advancement → Senior Vice President - National Advancement, 2023
On filings since 2020
40 hrs/week
$142K (2020) → $156K (2024)
Naomi Chu
Vice President - Asset Management
Vice President & Asset Management → Vice President - Asset Management, 2023
On filings since 2020
40 hrs/week
$100K (2020) → $119K (2024)
Stacey Mickelson
Vice President - Governmental Relation
Vice President & Government Relations → Vice President - Governmental Relations, 2023
Vice President - Governmental Relations → Vice President - Governmental Relation, 2024
On filings since 2020
40 hrs/week
$137K (2020) → $150K (2024)
Wendy Holmes
Senior Vice President - Consulting
Senior Vice President & Strategic Partner → Senior Vice President & Consulting, 2021
Senior Vice President & Consulting → Senior Vice President - Consulting, 2023
On filings since 2020
50 hrs/week
$184K (2020) → $150K (2024)
William Law
Chief Operating Officer
On filings since 2020
40 hrs/week
$204K (2020) → $202K (2024)
Andrew Michaelson
Vice President - Properties
On filings since 2023
40 hrs/week
$108K (2023) → $108K (2024)
Beth Chalmers
Chief Financial Officer
On filings since 2023
50 hrs/week
$53K (2023) → $163K (2024)
Barbara Portwood
Treasurer
Board Member → Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Christopher Scott
Board Member
On filings since 2020
1 hr/week
No compensation reported
Dan C Mehls
Board Member
On filings since 2020
1 hr/week
No compensation reported
Devon Akmon
Board Member
On filings since 2020
1 hr/week
No compensation reported
Diane Dalto
Board Member
On filings since 2020
1 hr/week
No compensation reported
Elizabeth Redleaf
Board Member
On filings since 2020
1 hr/week
No compensation reported
Gary Cunningham
Secretary
Board Member → Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Ian Friendly
Board Member
On filings since 2020
1 hr/week
No compensation reported
Irene Quarshie
Board Member
Board Member → Vice Chair, 2022
Vice Chair → Board Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Joel Ronning
Board Member
Secretary → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Louis Lou DeMars
Board Member
On filings since 2020
1 hr/week
No compensation reported
Marie Feely
Board Member
Treasurer → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Mark Manbeck
Board Member
Vice Treasurer → Treasurer, 2021
Treasurer → Board Member, 2023
On filings since 2020
1 hr/week
No compensation reported
Mark W Addicks
Board Member
On filings since 2020
1 hr/week
No compensation reported
Mary Margaret MacMillan
Immediate Past Chair
Chair → Past Chair, 2021
Past Chair → Immediate Past Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Matthew E Damon
Vice Chair
Board Member → Vice Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Peggy Lucas
Board Member
Vice Chair → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Peter A Lefferts
Board Member
On filings since 2020
1 hr/week
No compensation reported
Peter Beard
Board Member
On filings since 2020
1 hr/week
No compensation reported
Randall Boursheidt
Board Member
On filings since 2020
1 hr/week
No compensation reported
Richard Martin Esq.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Roy Gabay
Board Member
On filings since 2020
1 hr/week
No compensation reported
Sarah Oquist
Board Member
On filings since 2020
1 hr/week
No compensation reported
Susan Kenny Stevens PhD
Board Member
On filings since 2020
1 hr/week
No compensation reported
Suzanne Kopplinger
Board Member
On filings since 2020
1 hr/week
No compensation reported
Terry Benelli
Board Member
On filings since 2020
1 hr/week
No compensation reported
Jason Stamm
Board Member
On filings since 2021
1 hr/week
No compensation reported
Chandler Wilson
Board Member
On filings since 2022
1 hr/week
No compensation reported
Gloria Sewell
Board Member
On filings since 2022
1 hr/week
No compensation reported
Joe Gibbons
Board Member
On filings since 2022
1 hr/week
No compensation reported
Osh Ashruf
Board Member
On filings since 2022
1 hr/week
No compensation reported
Ken Peterson
Board Member
On filings since 2023
1 hr/week
No compensation reported
Amit Poddar
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (30)
- Former: Greg Handberg (2020–2024) — Senior Vice President - Properties · Filing note: Until dec
- Former: Burton Kassell (2020–2023) — Board Member
- Former: Cree Zischke (2020–2023) — Board Member
- Former: Mary Margaret McMillan (2022–2023) — Board Member
- Former: Annamarie Saarinen - Jan - Oct (2023) — Board Member
- Former: Ceil Cirillo - Jan - Oct (2023) — Board Member
- Former: Curtis Thornhill - Jan - Apr (2023) — Board Member
- Former: Herman J Milliga Jr Jan - Oct (2023) — Immediate Past Chair
- Former: Janis Lane-Ewart - Jan - Oct (2023) — Board Member
- Former: Kimberly Moore - Jan - Nov (2023) — Director - Asset Management
- Former: Neal Richardson - Jan - Oct (2023) — Board Member
- Former: Steven Stanley - To Sep (2023) — Chief Financial Officer
- Former: Teri Deaver - Jan - Nov (2023) — Vice President - Consulting
- Former: Annamarie Saarinen (2020–2022) — Board Member
- Former: Bonnie Heller (2020–2022) — Board Member · Filing note: Ended mar
- Former: Ceil Cirillo (2020–2022) — Board Member
- Former: Curtis Thornhill (2020–2022) — Board Member
- Former: Herman J Milligan Jr. PhD (2020–2022) — Chair & Past Chair
- Former: Janis Lane-Ewart (2020–2022) — Board Member
- Former: Roger Opp (2020–2022) — Board Member · Filing note: Ended nov
- Former: Steve Stanley (2020–2022) — Chief Financial Officer
- Former: Teri Deaver (2020–2022) — Vice President & Consulting
- Former: Neal Richardson (2021–2022) — Board Member
- Former: Diane Dalto Woosnam (2022) — Board Member
- Former: Gloria Perez (2020–2021) — Board Member
- Former: Cynthia Newsom partial year (2020) — Vice Chair
- Former: Gloria Sewell partial year (2020) — Board Member
- Former: James C Adams partial year (2020) — Board Member
- Former: Mark Conrad partial year (2020) — Chief Financial Officer
- Former: Rebecca Driscoll partial year (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $272K, to L Kelley Lindquist (President). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Artspace Projects Inc
How much does Artspace Projects Inc give each year?
Artspace Projects Inc gave $729K across 7 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.9M across 1 grant.
What is Artspace Projects Inc's typical grant size?
Artspace Projects Inc's median grant in 2024 was $75,000, and its average grant was $104,134, across 7 grants on its 2024 IRS Form 990.
Where does Artspace Projects Inc give grants?
Artspace Projects Inc gives mostly in Minnesota: 59% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Wisconsin (10%) and South Dakota (10%). The most frequent recipient cities were Minneapolis, MN (3 grants).
Does Artspace Projects Inc give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Artspace Projects Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Pathway Program Stipend" (6 grants).
Who are Artspace Projects Inc's largest grantees?
Artspace Projects Inc's largest 2024 grantees include The Cowles Center ($278,939), Little Eagle Arts Foundation ($75,000) and Native American Community Development Institute ($75,000), according to its 2024 IRS Form 990. It also paid 1 grant to individuals ($75,000), which are not listed by name. Together they received 59% of its itemized 2024 grant dollars.
How large is Artspace Projects Inc?
Artspace Projects Inc reported $94.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $32.7M.
What is Artspace Projects Inc?
Artspace Projects Inc is a public charity focused on Arts, Culture & Humanities, based in Minneapolis, MN. It holds $94.0M in total assets as of 2024.
What is Artspace Projects Inc's EIN?
Artspace Projects Inc's EIN (Employer Identification Number) is 41-1350071. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 4, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 27, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 30, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 9, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Artspace Projects Inc funds
Arts, Culture & Humanities Open opportunities, soonest deadline first.
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