| Form 1-K Issuer Information | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 1-K | OMB APPROVAL |
| OMB Number: 3235-0720 Estimated average burden hours per response: 600.0 |
1-K: Filer Information
| Issuer CIK | 0001839143 |
| Issuer CCC | XXXXXXXX |
| Is filer a shell company? |  Yes  No |
| Is the electronic copy of an official filing submitted in paper format? |  |
| File Number | |
| Is this filing by a successor company pursuant to Rule 257(b)(5) resulting from a merger or other business combination? | Yes No |
| Successor File Number |
| Is this a LIVE or TEST Filing? | LIVE TEST |
| Would you like a Return Copy? |  |
| Period | 12-31-2020 |
| Name | |
| Phone | |
| E-Mail Address |
| Notify via Filing Website only? | |
1-K: Tab 1 Notification
| This Form 1-K is to provide an | Annual Report Special Financial Report for the fiscal year |
| Fiscal Year End | 12-31-2020 |
| Exact name of issuer as specified in the issuer's charter | Masterworks 037, LLC |
| CIK | 0001839143 |
| Jurisdiction of Incorporation / Organization | DELAWARE |
| I.R.S. Employer Identification Number | 85-4325966 |
| Address 1 | 497 BROOME STREET |
| Address 2 | |
| City | NEW YORK |
| State/Country | NEW YORK |
| Mailing Zip/ Postal Code | 10013 |
| Phone | 203-518-5172 |
| Title of each class of securities issued pursuant to Regulation A | Class A ordinary shares |