Midland Shared Spaces FY2022 filing
Offers affordable shared office space, technology, and networking for nonprofits. For fiscal year 2022 it reported $982K in revenue, $2.4M in expenses, and $8.0M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Midland, TX
- Website
- www.midlandsharedspaces.org
- Filings
- 5 on file (2020–2022)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
The fiscal sponsorship program allows an organization to pursue its tax exempt status while operating its project under the umbrella of MSS. Under the fiscal sponsorship program, the organization agrees to bring the project under MSS supervision, granting the project legal and tax exempt protection.
Midland shared spaces, inc. Provides nonprofit organizations operating in midland county, texas with administrative and program offices in a class a facility at a discounted rate. Shared services including it hardware and support are also provided to tenant organizations as well as select nonprofits operating in midland county, texas but…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Autumn Vest’s $121K as Executive Dir. is at the 31st percentile of top reported officer pay among 2834 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| John a Trischitti | — | — | $144,530 | — | — |
| Autumn Vest | $121,200 | $119,998 | $109,637 | $100,032 | $96,171 |
| Gary Hires | $114,875 | $116,042 | $107,296 | — | — |
| Marc Kondrup | $71,108 | $71,042 | $64,938 | $61,481 | $58,672 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 84% | — | — |
| Overhead ratio | 14% | — | — |
| Fundraising cost ratio | 10% | — | — |
| Revenue growth | -59% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0.6% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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