Exhibit 99.1
| Series 214 (formerly known as Masterworks 214, LLC) | ||||||
| Gross Artwork Sale Proceeds | $ | 2,600,000.00 | ||||
| (+) | Cash on Balance Sheet | $ | 130.00 | |||
| (-) | Sale Expenses Charged to Issuer | $ | 0.00 | |||
| = | Net Liquidation Proceeds | $ | 2,600,130.00 | |||
| (-) | Class B Shares | $ | (100.00 | ) | ||
| (-) | Class B Profit Share | $ | (148,150.00 | ) | ||
| = | Distributable Proceeds to Class A Shares | $ | 2,451,880.00 | |||
| (/) | Total Class A Shares Outstanding | 92,964 | * | |||
| = | Distributable Proceeds per Class A Share | 26.37 | ||||
| (/) | Initial Offering Price per Class A Share | 20.00 | ||||
| = | Multiple on Invested Capital (MOIC) | 1.319 | ||||
| Offering period | ||||||
| Cash Receipt Date | 6/25/2026 | |||||
| (-) | Final Offering Close Date | 6/22/2023 | ||||
| = | Days from final close to cash receipt | 1,099 | ||||
| (/) | Days of year | 365 | ||||
| = | IRR Period (in years) | 3.01 | ||||
| IRR Calculation | ||||||
| MOIC | 1.31873 | |||||
| IRR Period (in years) | 3.01 | |||||
| IRR | 9.6 | % |
*Reflects 1,407 Class A shares issued in respect of administrative service fees held by Masterworks Administrative Services, LLC at the time of the sale.