Exhibit 99.1
| Masterworks 237, LLC | |||||||
| Gross Artwork Sale Proceeds | $ | 1,475,000.00 | |||||
| (+) | Cash on Balance Sheet | $ | 130.00 | ||||
| (-) | Sale Expenses Charged to Issuer | $ | 0.00 | ||||
| = | Net Liquidation Proceeds | $ | 1,475,130.00 | ||||
| (-) | Class B Shares | $ | (100.00 | ) | |||
| (-) | Class B Profit Share | $ | (74,790.00 | ) | |||
| = | Distributable Proceeds to Class A Shares | $ | 1,400,240.00 | ||||
| (/) | Total Class A Shares Outstanding | 55,054 | * | ||||
| = | Distributable Proceeds per Class A Share | 25.43 | |||||
| (/) | Initial Offering Price per Class A Share | 20.00 | |||||
| = | Multiple on Invested Capital (MOIC) | 1.272 | |||||
| Offering period | |||||||
| Cash Receipt Date | 3/25/2026 | ||||||
| (-) | Final Offering Close Date | 6/8/2023 | |||||
| = | Days from final close to cash receipt | 1,021 | |||||
| (/) | Days of year | 365 | |||||
| = | IRR Period (in years) | 2.80 | |||||
| IRR Calculation | |||||||
| MOIC | 1.27170 | ||||||
| IRR Period (in years) | 2.80 | ||||||
| IRR | 9.0 | % |
*Reflects 1,533 Class A shares issued in respect of administrative service fees to Masterworks Administrative Services, LLC.