ADD EXHB 2 ex99-1.htm

 

Exhibit 99.1

 

   Masterworks 006, LLC    
        
   Gross Artwork Sale Proceeds  $8,000,000.00 
(+)  Cash on Balance Sheet  $131.00 
(-)  Sale Expenses Charged to Issuer  $0.00 
=  Net Liquidation Proceeds  $8,000,131.00 
(-)  Class B Shares  $(100.00)
(-)  Class B Profit Share  $(395,454.20)
=  Distributable Proceeds to Class A Shares  $7,604,576.80 
(/)  Total Class A Shares Outstanding   301,138*
=  Distributable Proceeds per Class A Share   25.25 
(/)  Initial Offering Price per Class A Share   20.00 
=  Multiple on Invested Capital (MOIC)   1.263 
         
   Offering period     
   Cash Receipt Date   5/29/2024 
(-)  Final Offering Close Date   7/31/2020 
=  Days from final close to cash receipt   1,398 
(/)  Days of year   365 
=  IRR Period (in years)   3.83 
         
   IRR Calculation     
   MOIC   1.26264 
   IRR Period (in years)   3.83 
   IRR   6.3%

 

*Reflects 16,718 Class A shares issued in respect of administrative service fees to Masterworks Administrative Services, LLC.