Overview
What is Mainframe Studios?
Mainframe Studios is a financially self-sufficient nonprofit organization situated in Des Moines, Iowa. It boasts 180 affordable workspaces for individual artists and arts-related nonprofits, making it one of the largest such facilities in the nation. These studios cater to a high demand, with the organization operating at nearly full capacity and maintaining a waitlist of around 100 applicants. The revenue generated from these affordable rentals covers the organization's operating costs. Mainframe Studios also offers a 4650 square foot event space, which is rented out for various occasions such as weddings, conferences, and fundraisers. This nonprofit serves as a testament to the viability of investing in the arts sector, even during challenging times.
Official website here: www.mainframestudios.org
Is Mainframe Studios legitimate?
Mainframe Studios is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mainframe Studios 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,000
For more financial information, click here
Official website here: www.mainframestudios.org
What is the mission statement of Mainframe Studios?
Mainframe Studios, functioning as a financially self-sustaining nonprofit, is dedicated to providing affordable workspaces to foster equity and opportunities in the arts community. With an impressive 180 nonresidential studios, Mainframe Studios claims to be the largest nonprofit art studio building in the nation. These studios cater to individual artists and arts-related nonprofits, promoting a thriving creative environment. Mainframe Studios operates at high occupancy and maintains a waitlist of around 100 applicants, generating sufficient revenue through affordable rents to cover operating costs. Additionally, the organization offers a 4650 square foot event space for various functions, such as weddings, conferences, and fundraisers, generating additional income. Mainframe Studios serves as a beacon, demonstrating the potential of investing in the creative economy, even during challenging times.
Official website here: www.mainframestudios.org
Who is the CEO of Mainframe Studios?
Justin Mandelbaum is the President of Mainframe Studios.
Official website here: www.mainframestudios.org
What is the revenue of Mainframe Studios?
Who are the executives of Mainframe Studios and what are their salaries?
The average compensation at Mainframe Studios during 2022 was $44,000. There are 3 employees and 25 volunteers at Mainframe Studios.
Here are 11 key members and their salaries:
- Justin Mandelbaum (President) [Trustee/Director]
- John Mcgowan (Vice President) [Trustee/Director]
- Michael Trettin (Treasurer) [Trustee/Director]
- Gretchen Bohling (Secretary) [Trustee/Director]
- Markaus Ashworth (Member) [Trustee/Director]
- Sarah Young (Member) [Trustee/Director]
- Jeff Fleming (Member) [Trustee/Director]
- Jo Kassel (Member) [Trustee/Director]
- John Mandelbaum (Member) [Trustee/Director]
- Steven Orr (Member) [Trustee/Director]
- Lee Running (Member) [Trustee/Director]
Official website here: www.mainframestudios.org
Where can I find the form 990 for Mainframe Studios?
The Mainframe Studios’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mainframestudios.org
Learn more at the official website: www.mainframestudios.org
Mission Statement of Mainframe Studios
Mainframe Studios, a financially self-sustaining nonprofit organization, is dedicated to promoting equity and opportunities in the arts sector. It achieves this mission by offering 180 nonresidential studios, believed to be the largest number in a nonprofit art studio building nationwide. This nonprofit is committed to providing these studios at affordable prices, catering to individual artists and arts-related nonprofits. By doing so, Mainframe Studios not only provides a space for creative expression but also contributes to the advancement of the arts community as a whole. The revenue generated through affordable rents is sufficient to cover the operating costs, demonstrating the potential of investing in the creative economy even in challenging times.
Impact
This information is meant to be a general summary of Mainframe Studios. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Mainframe Studios is making a significant impact by providing affordable workspaces to support artists and arts-related nonprofits. With 180 nonresidential studios, Mainframe is demonstrating the viability of investing in the creative economy. By operating at nearly full occupancy and maintaining a waitlist of around 100 applicants, Mainframe is contributing to the growth and sustainability of the arts community in Des Moines. Additionally, the organization's event space allows for various gatherings and functions, further promoting engagement with the arts. Mainframe Studios is a beacon of success, showcasing how supporting artists and creativity can thrive even in challenging times.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Studio Rental
Revenue
$886,790
Event Space Rental
Revenue
$35,153
Organization Details
Founding Year
2012
Phone
(515) 216-4253
Principal Officer
Justin Mandelbaum
Main Address
900 KEOSAUQUA WAY, DES MOINES, IA, 50309
Website
www.mainframestudios.org
NTEE Category
Code: A99 - Arts
If you are a representative of Mainframe Studios and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.