Masterworks 289, Llc MWTES
Rating
Rating Factors
Company Overview
Masterworks 289, LLC is a special purpose investment vehicle affiliated with Masterworks, a financial technology and art investment platform that securitizes ownership interests in fine art. The entity was formed to acquire, hold, administer, and ultimately seek appreciation from a specific artwork or curated art asset as part of the broader Masterworks investment ecosystem. The company operates within the alternative investments, collectibles, and fractional ownership sectors, targeting investors seeking exposure to blue-chip contemporary art without direct physical ownership.
The broader Masterworks platform generates revenue through artwork acquisition fees, management fees, and potential profit participation upon the sale of artworks. Publicly available regulatory filings indicate that entities such as Masterworks 289, LLC are generally structured as bankruptcy-remote subsidiaries designed for single-asset ownership and investor participation through SEC-qualified offerings. The company’s positioning is tied to Masterworks’ strategy of combining art market expertise with securitized investment structures and online retail investor access. Data regarding the standalone operating history of Masterworks 289, LLC itself is limited because such entities are typically asset-specific holding companies rather than diversified operating businesses.
Income Statement
Balance Sheet
Cash Flow
Filings
Price History
- Low
- $5.00
- Current
- $5.90
- High
- $5.90
Dividends and Shares
Corporate Info
57th Floor
New York, NY 10007