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Masterworks 016, LLC

Operating

Alternative Assets · New York, NY

Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$1,760,000
Across 1 round since 2020
Latest share price
$20.00
Reg A+ · Equity · May 2020 offering price

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$0
2019
−$169K
2020
−$34K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 audited
FY2020 audited
FY2021 audited
Income statement
Revenue
$0
—
—
Cost of goods sold
$0
—
—
Net income
$0
-$168,989
-$34,058
Balance sheet
Cash
$100
$101
$111
Accounts receivable
$0
—
—
Total assets
$100
$1,600,101
$1,600,111
Long-term debt
$0
—
—
Total liabilities
$0
—
—
Other
Headcount
0
—
—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Cap table

Share counts as of Jul 7, 2020
ClassOutstandingVotes / shareShare of totalLast price
Membership Interests1,000—100.0%$20.00May 2020

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg A+ · Equity · May 2020Closedvia Independent Brokerage Solutions LLC
Raised $1.8M / $1.7M

Team

3 people
Nigel S. Glenday
Chief Executive Officer, Chief Financial Officer; Member of the Board of Managers
Joshua B. Goldstein
General Counsel and Secretary; Member of the Board of Managers
Eli D. Broverman
Member of the Board of Managers; Independent Manager

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 1-UDec 30, 20220001493152-22-036874
    EDGAR
  • Form 1-ZDec 30, 20220001493152-22-036894
    EDGAR
  • Form 1-UNov 14, 20220001493152-22-032225
    EDGAR
  • Form 1-UOct 20, 20220001493152-22-029028
    EDGAR
  • Form 1-SASep 28, 20220001493152-22-027058
    EDGAR
  • Form 1-KApr 26, 20220001493152-22-010956
    EDGAR
  • Form 1-UMar 8, 20220001493152-22-006263
    EDGAR
  • Form 1-UJan 21, 20220001493152-22-001871
    EDGAR
Source: SEC EDGARCIK 0001813339DEShare price $20.00Last synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.