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Passes our checks

Silvermine Guild of Artists Inc

EIN 06-0674168 · New Canaan, CT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair58 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SILVERMINE ARTS CENTER PROVIDES EXPERIENCES THAT EXPAND THE MIND, NOURISH THE SOUL, AND CONNECT PEOPLE THROUGH THE UNIVERSAL LANGUAGE OF ART.

Income
$2.4 million
Spending
$2.3 million
Spent on programs
87%
Reserves
2.4 months of spending
Largest source of income
fees for its services, 70%
Employees
34
Volunteers
0
Highest pay
$117,500, vice chair, ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 58 out of 100. Higher than 30% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.4 months of spending.

  • Debt

    10 of 20

    It owes 33% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 3% of income.

  • Income trend

    15 of 15

    Income rose 2% on the year before.

  • Spending floor

    8 of 15

    87% of spending went to programs and raising each dollar of donations cost 36 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 85 out of 100. Higher than 38% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $1.7 million spent. THE SCHOOL OF ART - THE SCHOOL OF ART PROVIDES YEAR-ROUND CLASSES TO APPROXIMATELY 4,500 ENROLLMENTS OF BOTH YOUNG AND OLD. A DISTINGUISHED FACULTY OF APPROXIMATELY 90 ARTIST/EDUCATORS OFFER INSTRUCTIN IN PAINTING, DRAWING, PRINTMAKING, CERAMICS, SCULPTURE, DIGITAL IMAGERY, PHOTOGRAPHY, JEWELRY DESIGN, MIXED MEDIA AND CREATIVE WRITING
  2. $275,013 spent. THE SILVERMINE GALLERIES - THE SILVERMINE GALLERIES PRESENT ROTATING ART EXHIBITS FOR THE GENERAL PUBLIC AND ARE RECOGNIZED AS ONE OF NEW ENGLAND'S MOST RESPECTED SHOWCASES FOR ESTABLISHED AND EMERGING ARTISTS. A COMPLEX OF FIVE GALLERIES AND A SCULPTURE GARDEN, THE SILVERMINE GALLERIES BOAST AN AMBITIOUS EXHIBITION SCHEDULE, PRESENTING ART PARTNERS OUTREACH - SINCE 1992, THE ART PARTNERS OUTREACH EDUCATION OVER 20 SHOWS EACH YEAR, WHICH ARE VIEWD BY OVER 12,500 VISITORS. THE GALLERIES ALSO OFFER A VARIETY OF EXHIBITING ARTISTS' TALKS WHICH ARE HELD MONTHLY . EXHIBITION PROGRAMMING ALSO INCLUDES LECTURES, FILM SCREENINGS, AND PANEL DISCUSSIONS.
  3. ART PARTNERS OUTREACH - SINCE 1992, THE ART PARTNERS OUTREACH EDUCATION OVER 20 SHOWS EACH YEAR, WHICH ARE VIEWD BY OVER 12,500 VISITORS. THE GALLERIES ALSO OFFER A VARIETY OF EXHIBITING ARTISTS' TALKS WHICH ARE HELD MONTHLY . EXHIBITION PROGRAMMING ALSO INCLUDES LECTURES, FILM SCREENINGS, AND PANEL DISCUSSIONS. PROGRAM HAS SERVED OVER 17,000 STUDENTS BY PLACING PROFESSIONAL TEACHING ARTISTS IN THE CLASSROOMS OF TARGETED UNDER-RESOURCED URBAN NORWALK AND STAMFORD SCHOOLS WITH MINORITY POPULATIONS AS HIGH AS 81% AND UP TO 65% REDUCED AND FREE LUNCH POPULATIONS. OUR TEACHING ARTISTS COLLABORATE WITH CLASSROOM TEACHERS TO CREATE STUDIO CLASSES THAT 2,025,503. INCORPORATE CURRICULAR TOPICS SUCH AS LITERACY, GEOGRAPHY, HISTORY OR SCIENCE. CLASSES ARE DESIGNED TO IMPROVE CRITICAL THINKING, PROBLEM SOLVING, AND COMMUNICATION SKILLS, ESPECIALLY IN THE SOCIAL/EMOTIONAL ARENA. THESE ARE ESSENTIAL TOOLS THAT AUGUR STUDENT SUCCESS IN THE 21ST CENTURY.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1948.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.