2024-11-06T09:45:14-06:00 2023-12-31 881478669 CBIZ ADVISORS LLC 10 MELVILLE PARK ROAD MELVILLE NY 117473146 990 2023-01-01 843881363 SILVER ART PROJECTS INC SILV 2125517324 7 WORLD TRADE CENTER NEW YORK NY 10007 DINO FUSCO BOARD MEMBER 2125517324 2024-11-04 1 0 MARY ANN MENDEL P00551302 6314144000 2024-11-04 2023 2024-10-15 13:58:12Z DINO FUSCO 7 WORLD TRADE CENTER NEW YORK NY 10007 271753 0 X SILVERART.COM X 2019 NY SUPPORTING ARTISTS BY PROVIDING SPONSORED STUDIO SPACE, MENTORSHIP, AND STIPENDS. 8 8 5 29 0 0 256000 201900 0 0 0 0 0 -38014 256000 163886 32400 25200 0 0 199174 257226 0 0 27275 333109 249737 564683 532163 -308683 -368277 416057 289273 129883 371376 286174 -82103 SILVER ART PROJECTS (SAP) IS DEDICATED TO SUPPORTING EMERGING ARTISTS IN NEW YORK CITY BY PROVIDING A YEAR-LONG RESIDENCY TO A COHORT OF 28 ARTISTS THAT RECEIVE SPONSORED STUDIO SPACE, MENTORSHIP, AND STIPENDS. 0 0 356245 25200 SILVER ART PROJECTS PROGRAM INVITES 28 ARTISTS TO OCCUPY APPROXIMATLEY 38,000 SQUARE FEET OF LOWER MANHATTAN OFFICE SPACE DONATED BY A GENEROUS SPONSOR. THE SPACE IS OUTFITTED TO ACCOMMODATE INDIVIDUAL ARTIST STUDIO SPACES. SILVER ART PROJECTS PROVIDES THE SPACE FREE FOR 10 MONTHS TO ARTISTS, AS WELL AS PROFESSIONAL DEVELOPMENT PROGRAMMING, MENTORSHIP AND SERVICES TO ACCELERATE ARTISTS CAREERS THROUGH NETWORKING OPPORTUNITIES WITH ARTS PROFESSIONALS. 356245 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 26 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X X THE ORGANIZATION 2125517324 7 WORLD TRADE CENTER NEW YORK NY 10007 X TAL KERRET BOARD MEMBER 2.00 X X 0 0 0 CORY SILVERSTEIN PRESIDENT 15.00 X X 0 0 0 JEFFREY SCOTT SECRETARY, TREASURER 2.00 X X 0 0 0 REGINALD BROWNE DIRECTOR 2.00 X 0 0 0 RANA FLORIDA DIRECTOR 2.00 X 0 0 0 DINO FUSCO DIRECTOR 4.00 X 0 0 0 ERIC WIDING DIRECTOR 2.00 X 0 0 0 ROBERT J PILON JR BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 61686 140214 3000 201900 69853 61686 107867 -38014 -38014 163886 0 0 -38014 X 25200 25200 217719 130631 65316 21772 21510 12906 6453 2151 17997 10798 5399 1800 18616 18616 67401 27198 40203 8053 4832 2416 805 390 390 675 675 17 17 138673 136042 2631 4342 4260 82 MISCELLANEOUS EXPENSES 7297 4378 2189 730 BANK CHARGES 4273 4273 532163 356245 148643 27275 111749 98125 0 22513 782428 616793 304308 165635 0 3000 416057 289273 64274 50937 65609 320439 129883 371376 X 286174 -82103 286174 -82103 416057 289273 -368277 0 X X 0 1 X 1 0 X 1108832 320752 256000 201900 1887484 1108832 320752 256000 201900 1887484 1396482 491002 1887484 69853 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3000 3000 X 1 782428 616793 165635 165635 DUE TO RELATED PARTY, NET 320439 320439 X 530274 366388 366388 163886 0 163886 898551 366388 366388 532163 0 532163 PART III, LINE 4: WORK OF ART HELD IN STORAGE. PART X, LINE 2: THE ORGANIZATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX POSITIONS AND ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES, AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX POSITIONS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX POSITIONS, IF ANY, WOULD BE CLASSIFIED AS INTEREST EXPENSE AND ADDITIONAL INCOME TAXES, RESPECTIVELY, IN THE STATEMENTS OF ACTIVITIES. THE ORGANIZATION DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY PERIODS PENDING OR IN PROGRESS. GALA 111539 41686 69853 76699 29975 OTHER 20000 20000 1193 131539 61686 69853 76699 31168 107867 -38014 0 ARTIST STIPEND 27 25200 X 1 3000 COST 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS AND AS POTENTIAL CONFLICTS ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS NOT COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING EXPENSE: PROGRAM SERVICE EXPENSES 27,198. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,198. AUDIT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 40,203. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,203. FORM 990, PART XII, LINE 2C: THE PROCESS IS UNCHANGED FROM THE PRIOR YEAR.