2024-07-15T15:26:15-05:00 2023-08-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2022-09-01 421073614 STUDIO ARTS COLLEGE INTERNATIONAL INC % FABIO BARGELLINI STUD 2122487225 Via Sant Antonino 11 Florence Tuscany IT 50123 Mark Havlicek Treasurer 3905528994 2024-07-15 true Mark Havlicek 999009999 Catherine Bendall P00521196 7328281614 2024-07-15 2 2022 2023-04-26 12:10:37Z Nicholas Cattelain Via Sant Antonino 11 Florence Tuscany IT 50123 161404 false X WWW.SACI-FLORENCE.edu X 1975 DE TO PROVIDE undergraduate and graduate students with a challenging, life-enhancing experience in the center of Florence, Italy in traditional and contemporary studio arts. 5 5 0 0 60910 0 6885 160870 -14864 534 0 0 52931 161404 0 0 0 0 693316 0 0 0 0 0 640270 693316 640270 -640385 -478866 5068090 5260200 5238935 5940904 -170845 -680704 SEE SCHEDULE O FOR THE FULL MISSION STATEMENT OF STUDIO ARTS COLLEGE INTERNATIONAL, INC. ("SACI") false false 0 See Schedule O for a full description of SACI's program service activity. 0 true false false false false false false false false false true false false false true false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false 0 0 0 false true IT false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true true false NY X FABIO BARGELLINI 3905528994 Via Sant Antonino 11 Florence Tuscany IT 50123 X Nicholas Cattelain Chair 1.0 0.0 X X 0 0 0 Mark Havlicek Treasurer 1.0 0.0 X X 0 0 0 Brett Ridge Secretary 1.0 0.0 X X 0 0 0 Marco D'Ostuni Board Member 1.0 0.0 X 0 0 0 Federica Codignola Board Member 1.0 0.0 X 0 0 0 Sergio Fantini - thru March 2023 Board Member 1.0 0.0 X 0 0 0 0 0 0 0 false false false 0 0 FEES FOR USE OF SCHOOL FACILITIES 160870 160870 160870 534 534 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 161404 160870 534 0 0 0 0 0 0 0 0 0 0 0 0 0 0 41063 41063 41586 41586 0 0 0 48190 48190 6158 6158 5145 5145 0 0 88117 88117 0 0 0 66648 66648 0 343363 343363 0 MISCELLANEOUS 0 STUDENT TRIPS 0 CULTURAL EVENTS 0 SUPPLIES USED IN INSTRUCTION 0 640270 0 640270 0 353931 23639 0 0 0 0 100 426488 0 0 0 0 0 0 0 0 2507 52582 13540714 8831976 4691127 4708738 0 0 0 0 0 0 0 0 20425 48753 5068090 5260200 63426 80503 0 0 14938 545133 0 0 0 0 0 0 2624488 2603102 0 0 2536083 2712166 5238935 5940904 X -179294 -689153 8449 8449 -170845 -680704 5068090 5260200 X -478866 -30993 X false false false X 116491 28674 167998 60910 0 374073 0 0 116491 28674 167998 60910 0 374073 87702 286371 69999 139018 37712 546 534 247809 0 0 621882 11816279 0.46049 0.43000 X 12343273 7657093 4686180 293110 291035 2075 904331 883848 20483 4708738 0 LINE OF CREDIT PAYABLE 2709750 TAXES PAYABLE 2416 2712166 Form 990, page 2, part III, line 1 SACI'S MISSION IS TO PROVIDE UNDERGRADUATE AND GRADUATE STUDENTS WITH A CHALLENGING, LIFE-ENHANCING EXPERIENCE IN THE CENTER OF FLORENCE IN TRADITIONAL AND CONTEMPORARY STUDIO ARTS, DESIGN, CONSERVATION, AND ART HISTORY. STUDENTS DIRECTLY ACCESS CENTURIES OF ITALIAN CULTURE THROUGH A WIDE RANGE OF COURSES OF ACADEMIC EXCELLENCE. SACI ENGAGES IN LEADING AREAS OF RESEARCH AND EXPLORATION, INTERACTS WITH THE COMMUNITY THROUGH ARTISTIC AND SOCIAL PROGRAMS, AND PREPARES STUDENTS TO EXCEL IN THEIR CHOSEN FIELD. Form 990, Page 2, part III, Line 4a SACI is the oldest and most prestigious American art school in Florence. The institution was founded in 1975 by painter Jules Maidoff, whose goal was to offer the finest and most challenging training to the next generation of artists, art historians, and art conservators, as well as the opportunity to live out a full, first-hand immersion within Florentine culture and customs. SACI's main facilities are two beautiful historical palazzi in the center of Florence: the Palazzo dei Cartelloni, acquired in 1999, and the Palazzo Jules Maidoff for the Visual Arts, acquired in 2006. Due to the pandemic, SACI stopped providing classes and is now working on with other arts colleges around the globe to redefine its presence within the art education world. Form 990, page 6, part VI, section B, line 11b The form 990 was provided in draft form to the board for their approval prior to submission. Form 990, page 6, Part VI, Section C, line 12c The School has a conflict of interest policy for all staff members and for the board of trustees. Annual conflict of interest questionnaires are completed by all Trustees and members of executive management. Any conflicts noted are brought to the attention of the Board of Trustees for review and action if necessary. Form 990, page 12, part XI, Line 9 The Organization has operations in Italy and as a result there are assets and liabilities that must be translated from Euro to US dollar for financial statement purposes resulting in a translation gain or loss that is recognized each year. There was a translation LOSS of $30,993 recorded at August 31, 2023 that is shown as an other change in net assets.