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Spaceworks Nyc Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460633792 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Spaceworks Nyc Inc?

Spaceworks NYC is a nonprofit organization focused on real estate development, specifically in New York City. Their mission is to extend the availability of long-term, affordable rehearsal and studio spaces for artists. To accomplish this, they manage studio and rehearsal facilities in neighborhoods such as Long Island City and Williamsburg, and even dedicate a portion of their offices in Gowanus to this cause. As of the given date, their operational activities had ceased, but the organization continued its existence until a dissolution vote in March 2021.


Official website here: www.spaceworksnyc.org

Is Spaceworks Nyc Inc legitimate?

Spaceworks Nyc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spaceworks Nyc Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.spaceworksnyc.org

What is the mission statement of Spaceworks Nyc Inc?

Spaceworks NYC, as a not-for-profit organization, focuses on developing projects with the primary goal of expanding the availability of long-term, affordable rehearsal and studio spaces for artists. The organization manages studio and rehearsal facilities in various parts of New York City, including Long Island City and Williamsburg. A portion of their offices in Gowanus also serves this mission. As of June 30, 2020, Spaceworks NYC ceased its operational activities and voted to dissolve, effective from March 2021. However, it is essential to note that the paraphrased summary provided is based on the information provided and may not encompass the organization's entire mission or activities throughout its existence.


Official website here: www.spaceworksnyc.org

Who is the CEO of Spaceworks Nyc Inc?

Unavailable


Official website here: www.spaceworksnyc.org

What is the revenue of Spaceworks Nyc Inc?

Spaceworks Nyc Inc's revenue in 2022 was $149.


Official website here: www.spaceworksnyc.org

Who are the executives of Spaceworks Nyc Inc and what are their salaries?


There is 1 key member and their salary:


David Koren (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spaceworksnyc.org

Where can I find the form 990EZ for Spaceworks Nyc Inc?

Spaceworks Nyc Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.spaceworksnyc.org

Learn more at the official website: www.spaceworksnyc.org

Mission Statement of Spaceworks Nyc Inc

Spaceworks NYC, a non-profit organization, is dedicated to addressing the need for long-term, affordable rehearsal and studio spaces for artists in New York City. This mission is achieved through the development of suitable projects. As of their operations up until June 30, 2020, Spaceworks NYC managed studio and rehearsal spaces in both Long Island City and Williamsburg. A portion of their offices in Gowanus was also utilized for this purpose. Unfortunately, Spaceworks NYC ceased its programmatic operations in March 2021.

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Impact




October, 2024

Spaceworks NYC Inc had a significant impact on the cultural landscape of New York City by addressing the pressing need for affordable spaces for artists. By developing and maintaining rehearsal studios and creative workspaces in key areas such as Long Island City and Williamsburg, Spaceworks provided essential resources that supported artists in their creative endeavors. These spaces not only fostered artistry and collaboration but also helped cultivate a vibrant arts community within the city.

The organization played a crucial role in combating the rising costs of real estate, which often make it difficult for artists to secure affordable spaces. By prioritizing long-term access to creative environments, Spaceworks worked to ensure that diverse artistic voices could continue to thrive and contribute to the city's rich cultural tapestry.

Even after ceasing operations in 2020 and the subsequent decision to dissolve in 2021, the influence of Spaceworks NYC persists. Its contributions to artist accessibility and community engagement remain a poignant reminder of the vital role such initiatives play in nurturing creativity and supporting the arts in urban settings.




This information is meant to be a general summary of Spaceworks Nyc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$149 (2022)
Expenses
$690 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $149

Assets and Liabilities:

  • Total Assets: $5,367
  • Total Liabilities: $7,653
  • Net Assets: -$2,286

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Organization Details

Main Address

348 W 38TH 9D, NEW YORK, NY, 10018

NTEE Category

Code: A26 - Arts

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