Turning a Vision into a Reality
Supporting Portmouth’s artist and performers
3S Artspace (3S) in Portsmouth was founded in 2011. The non-profit was created to support the arts and artists by establishing a location in Portsmouth that would bring high-quality and original art experiences to the area.
In 2014, 3S was gifted the use of an 18,000 sq.ft. facility property in Portsmouth. In order to make the location a place that could offer art experiences to the area, the BFA worked with Kennebunk Savings Bank to provide a 75% guarantee ($180,000) on up to a $240,000 term loan. The loan was used to purchase equipment for the art studio and create a restaurant space.
Today, 3S Artspace is a thriving contemporary arts organization that combines the only midsize, flexible performance space of its kind in the area with a large contemporary art gallery and a restaurant. The non-profit serves as a local hub and community gathering place.
The proposed financing helped create 25 new jobs.