1-K LIVE 0001750148 XXXXXXXX N N true 12-31-2020 Annual Report 12-31-2020 497 BROOME STREET NEW YORK NY 10013 203-518-5172 Class A ordinary shares Masterworks 002, LLC 0001750148 DE 83-1314709 false 024-10884 11-04-2019 11-04-2019 342325 342325 20.0000 6846500.00 0.00 Independent Brokerage Solutions LLC 61193.00 Independent Brokerage Solutions LLC 10480.00 N/A 0.00 Mayer Hoffman McCann, P.C 15000.00 Anthony L.G., PLLC 20000.00 N/A 0.00 Anthony L.G., PLLC 9500.00 153563 6846500.00 Estimated Net Proceeds Calculation (above) of $6,846,500 does not include any offering fees as all fees in connection with the offering are to be paid by Masterworks Administrative Services, LLC.