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        <BOYAmt>27325</BOYAmt>
        <EOYAmt>43552</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <IntangibleAssetsGrp>
        <BOYAmt>4097</BOYAmt>
        <EOYAmt>3731</EOYAmt>
      </IntangibleAssetsGrp>
      <TotalAssetsGrp>
        <BOYAmt>2120396</BOYAmt>
        <EOYAmt>2225707</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>19578</BOYAmt>
        <EOYAmt>2939</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>19578</BOYAmt>
        <EOYAmt>2939</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>2054504</BOYAmt>
        <EOYAmt>2124178</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <DonorRestrictionNetAssetsGrp>
        <BOYAmt>46314</BOYAmt>
        <EOYAmt>98590</EOYAmt>
      </DonorRestrictionNetAssetsGrp>
      <CapStkTrPrinCurrentFundsGrp>
        <BOYAmt>217000</BOYAmt>
        <EOYAmt>217000</EOYAmt>
      </CapStkTrPrinCurrentFundsGrp>
      <PdInCapSrplsLandBldgEqpFundGrp>
        <BOYAmt>136970</BOYAmt>
        <EOYAmt>136970</EOYAmt>
      </PdInCapSrplsLandBldgEqpFundGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>2100818</BOYAmt>
        <EOYAmt>2222768</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>2120396</BOYAmt>
        <EOYAmt>2225707</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>115031</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>6919</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA-164-Copy1">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>362182</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>987780</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>1229341</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>585027</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>857886</CurrentTaxYearAmt>
        <TotalAmt>4022216</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>362182</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>987780</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>1229341</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>585027</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>857886</CurrentTaxYearAmt>
        <TotalAmt>4022216</TotalAmt>
      </TotalCalendarYear170Grp>
      <PublicSupportTotal170Amt>4022216</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>44</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>52</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearAmt>21807</CurrentTaxYearAmt>
        <TotalAmt>21903</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <OtherIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>110277</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>111783</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>233734</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>215735</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>359963</CurrentTaxYearAmt>
        <TotalAmt>1031492</TotalAmt>
      </OtherIncome170Grp>
      <TotalSupportAmt>5075611</TotalSupportAmt>
      <PublicSupportCY170Pct>0.79250</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.00000</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="IRS990ScheduleB-175-Copy1">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="IRS990ScheduleD-178-Copy1">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>364000</OtherCostOrOtherBasisAmt>
        <BookValueAmt>364000</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>478625</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>45508</DepreciationAmt>
        <BookValueAmt>433117</BookValueAmt>
      </BuildingsGrp>
      <LeaseholdImprovementsGrp>
        <OtherCostOrOtherBasisAmt>726741</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>65837</DepreciationAmt>
        <BookValueAmt>660904</BookValueAmt>
      </LeaseholdImprovementsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>404430</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>191293</DepreciationAmt>
        <BookValueAmt>213137</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <InvestmentCostOrOtherBasisAmt>-6586</InvestmentCostOrOtherBasisAmt>
        <OtherCostOrOtherBasisAmt>43493</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>6264</DepreciationAmt>
        <BookValueAmt>30643</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>1701801</TotalBookValueLandBuildingsAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="IRS990ScheduleG-182-Copy1">
      <MailSolicitationsInd>X</MailSolicitationsInd>
      <SpecialFundraisingEventsInd>X</SpecialFundraisingEventsInd>
      <AgrmtProfFundraisingActyInd>true</AgrmtProfFundraisingActyInd>
      <FundraiserActivityInfoGrp>
        <OrganizationBusinessName>
          <BusinessNameLine1Txt>Masterworks</BusinessNameLine1Txt>
        </OrganizationBusinessName>
        <USAddress>
          <AddressLine1Txt>19462 Poder Hill Place NE</AddressLine1Txt>
          <CityNm>Poulsbo</CityNm>
          <StateAbbreviationCd>WA</StateAbbreviationCd>
          <ZIPCd>98370</ZIPCd>
        </USAddress>
        <ActivityTxt>Bulk mailing services</ActivityTxt>
        <FundraiserControlOfFundsInd>false</FundraiserControlOfFundsInd>
        <GrossReceiptsAmt>75775</GrossReceiptsAmt>
        <RetainedByContractorAmt>21893</RetainedByContractorAmt>
        <NetToOrganizationAmt>53882</NetToOrganizationAmt>
      </FundraiserActivityInfoGrp>
      <TotalGrossReceiptsAmt>75775</TotalGrossReceiptsAmt>
      <TotalRetainedByContractorsAmt>21893</TotalRetainedByContractorsAmt>
      <TotalNetToOrganizationAmt>53882</TotalNetToOrganizationAmt>
      <FundraisingEventInformationGrp>
        <Event1Nm>Baby Bottle</Event1Nm>
        <GrossReceiptsEvent1Amt>62761</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>62761</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>8908</OtherDirectExpensesEvent1Amt>
        <Event2Nm>Dinner</Event2Nm>
        <GrossReceiptsEvent2Amt>243913</GrossReceiptsEvent2Amt>
        <GrossRevenueEvent2Amt>243913</GrossRevenueEvent2Amt>
        <RentFacilityCostsEvent2Amt>38583</RentFacilityCostsEvent2Amt>
        <EntertainmentEvent2Amt>8741</EntertainmentEvent2Amt>
        <OtherDirectExpensesEvent2Amt>6039</OtherDirectExpensesEvent2Amt>
        <OtherEventsTotalCnt>1</OtherEventsTotalCnt>
        <GrossReceiptsOtherEventsAmt>18900</GrossReceiptsOtherEventsAmt>
        <GrossRevenueOtherEventsAmt>18900</GrossRevenueOtherEventsAmt>
        <OthDirectExpnssOtherEventsAmt>1004</OthDirectExpnssOtherEventsAmt>
        <GrossReceiptsTotalAmt>325574</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>325574</GrossRevenueTotalEventsAmt>
        <RentFcltyCostsTotalEventsAmt>38583</RentFcltyCostsTotalEventsAmt>
        <EntertainmentTotalEventsAmt>8741</EntertainmentTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>15951</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>63275</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>262299</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="IRS990ScheduleO-197-Copy1">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>Form 990 reviewed with executive director who will</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>review it with the BOD</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 15a or b</FormAndLineReferenceDesc>
        <ExplanationTxt>Personnel committee within the BOD monitors payroll and</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 15a or b</FormAndLineReferenceDesc>
        <ExplanationTxt>staffing. All recommendations require BOD approval</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 18</FormAndLineReferenceDesc>
        <ExplanationTxt>All documents are available for inspection by the</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 18</FormAndLineReferenceDesc>
        <ExplanationTxt>public upon request.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Available upon request</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part XI Line 9</FormAndLineReferenceDesc>
        <ExplanationTxt>Number 5 is the additional unrealized gain in 2024</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <ReasonableCauseExplanation documentId="ReasonableCauseExpla-357-Copy1">
      <ExplanationTxt>We had issues efiling the extension form Therefore a paper extension form was mailed</ExplanationTxt>
    </ReasonableCauseExplanation>
  </ReturnData>
</Return>