Compensation 990

Artspace Projects Inc

Fiscal year ending 2024. Filed on October 9, 2025.

528 Hennepin Ave 700
Minneapolis, Minnesota 55403

Artspace Projects Inc (EIN: 41-1350071) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Artspace Projects Inc, a 501(c)(3) charitable organization, reported compensation for 9 out of 44 total employees. Among the employees shown here, the average compensation is $186,618. The highest compensated employee at Artspace Projects Inc is L Kelley Lindquist with fiscal year 2024 compensation of $295,535.

Revenue, expenses, and employee compensation

Revenue

$32,698,123

Expenses

$42,238,012

Employee compensation

$6,526,328
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋10.1%vs 2023
L Kelley Lindquist
President
$295,535
$271,989 from orgNo related comp$23,546 other
－2.5%vs 2023
William Law
Chief Operating Officer
$226,348
$201,793 from orgNo related comp$24,555 other
New in 2024
Greg Handberg Until Dec
Senior Vice President - Properties
$214,051
$192,988 from orgNo related comp$21,063 other
New in 2024
Beth Chalmers
Chief Financial Officer
$184,843
$163,460 from orgNo related comp$21,383 other
－2.3%vs 2023
Kathleen Kvern
Senior Vice President - National Advancement
$180,306
$156,404 from orgNo related comp$23,902 other
－23.6%vs 2023
Wendy Holmes
Senior Vice President - Consulting
$167,696
$150,212 from orgNo related comp$17,484 other
－3.7%vs 2023
Stacey Mickelson
Vice President - Governmental Relation
$163,267
$149,530 from orgNo related comp$13,737 other
－2.0%vs 2023
Naomi Chu
Vice President - Asset Management
$136,864
$118,586 from orgNo related comp$18,278 other
－2.6%vs 2023
Andrew Michaelson
Vice President, Properties
$110,653
$108,160 from orgNo related comp$2,493 other

Non-Employee Board Members

Amit Poddar
Board Member
Barbara Portwood
Treasurer
Betty Massey
Chair
Chandler Wilson
Board Member
Christopher Scott
Board Member
Dan C Mehls
Board Member
Devon Akmon
Board Member
Diane Dalto
Board Member
Elizabeth Redleaf
Board Member
Gary Cunningham
Secretary
Gloria Sewell
Board Member
Ian Friendly
Board Member

Mission Statement

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

Revisions to this organization profile

October 9, 2025:
2024 Artspace Projects Inc 990 filed
November 11, 2024:
2023 Artspace Projects Inc 990 filed
August 30, 2023:
2022 Artspace Projects Inc 990 filed

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