New York · Nonprofit
SILVER ART PROJECTS INC
SILVER ART PROJECTS INC (New York) receives grants from 16 organizations whose IRS filings report $629,813 to it, the largest being BOOTH FERRIS FOUNDATION XXXXX4008 ($200,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $823k
- Funders on record
- 16
- Grants received
- $630k
- Net assets
- $108k
What Silver Art Projects Inc does
Mission
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.
As stated on its FY2024 Form 990.
Program
Silver art projects program invites 28 artists to occupy approximately 38,000 square feet of lower manhattan office space donated by a 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.
$459,944 spentof which $1,200 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $459,944.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $633k to $416k (−34%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
113% of SILVER ART PROJECTS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Gregory Thornbury
Executive director
Board chair
Eric Widing
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2023: the base narrowed from 4 funders to 3 funders, grant income fell $181k → $145k.
5 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SILVER ART PROJECTS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SILVER ART PROJECTS INC leans on a few funders — its largest provides 32% of grant income and the top three 71%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
30% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SILVER ART PROJECTS INC.
Largest funder’s share by year: 2021 55% · 2022 67% · 2023 69% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
SILVER ART PROJECTS INC draws 54% of its grant income from funders outside New York, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $191k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SILVER ART PROJECTS INC runs a healthier operating margin than three-quarters of the 17,936 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024
Organizations like SILVER ART PROJECTS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
73% of spending goes to programs.
Governance
Public support
30%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SILVER ART PROJECTS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SILVER ART PROJECTS INC?
- SILVER ART PROJECTS INC (New York) receives grants from 16 organizations whose IRS filings report $629,813 to it, the largest being BOOTH FERRIS FOUNDATION XXXXX4008 ($200,000). 3 of them have funded it in more than one year.
- How many funders does SILVER ART PROJECTS INC have?
- IRS filings report 16 organizations giving $629,813 in grants to SILVER ART PROJECTS INC, 3 of which have funded it in more than one year.
- Who is the largest funder of SILVER ART PROJECTS INC?
- BOOTH FERRIS FOUNDATION XXXXX4008 is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
- How can an organization like SILVER ART PROJECTS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Silver Art Projects →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing