2024-05-15T11:11:57-05:00 2023-06-30 232939307 HOLSINGER PC 117 VIP DRIVE STE 220 WEXFORD PA 15090 990 2022-07-01 251396717 SILVER EYE CENTER FOR PHOTOGRAPHY SILV 4124311810 4808 PENN AVENUE PITTSBURGH PA 15224 LEO HSU EXECUTIVE DIRECTOR 4124311810 2024-05-01 1 LEO HSU 999009999 0 ANDY BIANCO P01995396 7249344880 2024-05-01 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z LEO HSU 4808 PENN AVENUE PITTSBURGH PA 15224 547580 0 X WWW.SILVEREYE.ORG X 1979 PA THE SILVER EYE CENTER FOR PHOTOGRAPHY IS THE REGION'S ONLY NONPROFIT ARTS ORGANIZATION WITH AN EXCLUSIVE COMITMENT TO PHOTOGRAPHY. THE MISSION IS TO COMMUNICATE THE VALUE AND SIGNIFICANCE OF PHOTOGRAPHIC IMAGES AS VITAL FORMS OF CREATIVE EXPRESSOIN AND AS A FORCE THAT SHAPES AND INFLUENCES OUR DIVERSE VALUES, HISTORIES, AND COMMUNITIES. 11 11 5 0 25795 0 263496 397586 82596 136938 1446 7399 19383 -1090 366921 540833 0 0 0 0 177823 243112 0 0 48308 316779 219926 494602 463038 -127681 77795 907934 1074987 5856 95114 902078 979873 X THE SILVER EYE CENTER FOR PHOTOGRAPHY IS THE REGION'S ONLY NONPROFIT ARTS ORGANIZATION WITH AN EXCLUSIVE COMITMENT TO PHOTOGRAPHY. THE MISSION IS TO COMMUNICATE THE VALUE AND SIGNIFICANCE OF PHOTOGRAPHIC IMAGES AS VITAL FORMS OF CREATIVE EXPRESSOIN AND AS A FORCE THAT SHAPES AND INFLUENCES OUR DIVERSE VALUES, HISTORIES, AND COMMUNITIES. 0 0 63797 12889 ORGANIZED AND PRESENTED SEVERAL EXIBITIONS FOR THE FISCAL YEAR. THESE EXHIBITIONS FEATURE EMERGING AND MID-CAREER ARTISTS FROM PITTSBURGH AND ACROSS THE U.S. AS WELL AS INTERNATIONALLY KNOWN ARTISTS AND ICONIC FIGURES IN THE FIELD. 57469 3435 A YEARLY ROSTER OF SCHOOL, YOUTH, FAMILY AND ADULT WORKSHOPS, CLASSES, TOURS, LECTURES AND EVENTS COMPLEMENT THE EXIBITIONS AND FOSTER ARTS-BASED LEARNING AS WELL AS OPPORTUNITIES FOR LIFELONG CREATIVITY, CULTURAL PARTICIPATION AND PROFESSIONAL DEVELOPMENT. ADMISSION TO EXHIBITIONS AND MANY PUBLIC PROGRAMS IS FREE. 119193 93729 119193 93729 240459 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 5 1 1 1 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 PA X THE ORGANIZATION 4124311810 4808 PENN AVENUE PITTSBURGH PA 15224 HSO LEO EXECUTIVE DIRECTOR 1.00 X X 40916 0 0 SPRUILL KEN CHAIR 0.00 X X 0 0 0 CARTER ELIZABETH TREASURER 0.00 X X 0 0 0 GYVES TIM SECRETARY 0.00 X X 0 0 0 BERRY GRANT DIRECTOR 0.00 X 0 0 0 BISHOP LEXI DIRECTOR 0.00 X 0 0 0 DUNHAM CRAIG DIRECTOR 0.00 X 0 0 0 NJIE NJAIMEH DIRECTOR 0.00 X 0 0 0 RADDER ANNA DIRECTOR 0.00 X 0 0 0 ROLLER SCOTT DIRECTOR 0.00 X 0 0 0 ROSENTHAL MARCIA DIRECTOR 0.00 X 0 0 0 WEISSBERGER BARBARA DIRECTOR 0.00 X 0 0 0 40916 0 0 0 0 0 0 0 37500 360086 397586 AUCTION 812900 100467 100467 LAB SERVICES 812900 25795 25795 PROGRAM SERVICE SALES 812900 10158 10158 GALLERY SALES 812900 518 518 136938 7399 7399 5547 6747 -1200 -1200 OTHER INCOME 812900 110 110 110 540833 110053 25795 7399 X 74374 37187 26031 11156 134486 87969 46517 17270 8636 6045 2589 16982 10176 5899 907 8516 8516 56579 35052 9147 12380 1230 1134 96 1140 344 339 457 8076 2774 5135 167 29763 3718 26045 306 222 84 28507 28507 7302 478 6824 EXHIBITION 60535 41395 2414 16726 PROGRAM SUPPLIES 13193 10318 2238 637 CREDIT CARD FEES 4779 1278 392 3109 463038 240459 174271 48308 321321 246363 364772 372594 70000 240000 679 1075 5063 7216 311097 196108 142907 114989 0 3192 92750 907934 1074987 5856 8242 0 86872 5856 95114 X 802078 859873 100000 120000 902078 979873 907934 1074987 77795 0 X 0 1 X 0 0 X 434564 90492 484655 263496 397586 1670793 434564 90492 484655 263496 397586 1670793 719588 951205 1768 5218 1590 1446 7399 17421 5822 7750 10607 26547 25795 76521 55473 5978 73709 19383 -1090 153453 1918188 257035 0.49590 0.61190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 209477 106193 103284 44066 38777 5289 57554 51138 6416 114989 SECURITY DEPOSIT 3192 OPERATING LEASE RIGHT-OF-USE ASSET 89558 92750 OPERATING LEASE LIABILITIES 86872 86872 X 570680 23100 23100 547580 -6747 -6747 540833 492885 23100 6747 29847 463038 0 463038 PART X, LINE 2: THE CENTER IS EXEMPT FROM FEDERAL INCOME TAX FOR ITS STANDARD OPERATIONS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND DESCRIBED IN SECTION 509(A)(1) AND SECTION 170(B)(1)(A)(VI). AS A RESULT, THERE IS NO PROVISION FOR INCOME TAXES. THE CENTER IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE CENTER FILES AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS TO REPORT ITS UNRELATED BUSINESS TAXABLE INCOME FROM ITS PRINT LAB SERVICES. IN ESTIMATING FUTURE TAX CONSEQUENCES, THE CENTER GENERALLY CONSIDERS ALL EXPECTED FUTURE EVENTS OTHER THAN ENACTMENTS OF CHANGES IN THE TAX LAW OR RATES. IN THE EVENT THE FUTURE CONSEQUENCES OF DIFFERENCES BETWEEN THE FINANCIAL REPORTING BASIS AND THE TAX BASIS OF THE CENTER'S ASSETS AND LIABILITIES RESULTS IN A DEFERRED TAX ASSET, GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRES AN EVALUATION OF THE PROBABILITY OF BEING ABLE TO REALIZE THE FUTURE BENEFITS INDICATED BY SUCH ASSET. A VALUATION ALLOWANCE RELATED TO A DEFERRED ASSET IS RECORDED WHEN IT IS MORE LIKELY THAN NOT THAT SOME PORTION, OR ALL OF THE DEFERRED TAX ASSET, WILL NOT BE REALIZED. DUE TO THE UNCERTAINTY OF FUTURE PROFITS FROM PRINT LAB SERVICES, IT IS MORE LIKELY THAN NOT THAT THE DEFERRED BENEFIT WILL NOT BE REALIZED. THE BENEFIT HAS BEEN FULLY DISCOUNTED BY A VALUATION ALLOWANCE FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. MANAGEMENT IS RESPONSIBLE FOR EVALUATING THE CENTER'S TAX POSITIONS AND BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE REQUIRED TO BE ACCRUED OR DISCLOSED. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH GROSS SALES OF INVENTORY -6,747. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH GROSS SALES OF INVENTORY 6,747. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 35,052. MANAGEMENT AND GENERAL EXPENSES 9,147. FUNDRAISING EXPENSES 12,380. TOTAL EXPENSES 56,579.