Overview
What is Art Space Development Corporation?
Art Space Development Corporation is a nonprofit organization situated in the San Francisco Bay Area. Its primary objective is to assist local artists by offering them affordable living and working spaces. Through specialized rental programs, the organization ensures that artists have the necessary space to both reside and create their art, thereby contributing to the cultural landscape of the area.
Is Art Space Development Corporation legitimate?
Art Space Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Art Space Development Corporation submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Art Space Development Corporation?
The Art Space Development Corporation is committed to serving the San Francisco Bay Area arts community by providing them with affordable living and working spaces. This mission is accomplished through tailored rental programs designed to cater to the unique needs of artists, ensuring they have the necessary space to both live and create. The organization's primary goal is to support local artists, fostering a vibrant and thriving arts scene.
Who is the CEO of Art Space Development Corporation?
John B Wong is the President/Exec Dir of Art Space Development Corporation.
What is the revenue of Art Space Development Corporation?
Art Space Development Corporation's revenue in 2022 was $202,993.
Who are the executives of Art Space Development Corporation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $26,000
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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Where can I find the form 990 for Art Space Development Corporation?
Art Space Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Art Space Development Corporation
Art Space Development Corporation, a nonprofit organization, is committed to supporting the San Francisco Bay Area's artistic community by providing them with affordable living and working spaces. The corporation's primary mission is to facilitate an environment where artists can thrive, combining their living quarters with their creative workspaces. This is achieved through the operation of specific rental programs tailored to artists' needs, ensuring they have the necessary space to live and work effectively.
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Impact
October, 2024
Art Space Development Corporation makes a significant impact by providing affordable living and working spaces for artists in the San Francisco Bay Area. This organization addresses the pressing need for artists to have access to suitable environments where they can both create and thrive, combating rising housing costs in a competitive market. By operating specialized rental programs tailored specifically for artists, it fosters a vibrant artistic community and allows creative individuals to focus on their work without the burden of financial strain. Ultimately, Art Space Development Corporation plays a crucial role in sustaining and nurturing the local arts ecosystem, enriching the cultural landscape of the Bay Area.
This information is meant to be a general summary of Art Space Development Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $202,993
- Gross Receipts: $202,993
Assets and Liabilities:
- Total Assets: $990,000
- Total Liabilities: $1,182,463
- Net Assets: -$192,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$202,993
Organization Details
Founding Year
2006
Phone
(415) 793-4126Principal Officer
John B Wong
Main Address
PO BOX 590603, SAN FRANCISCO, CA, 941590603
NTEE Category
Code: L40 - Housing
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