Nonprofit · EIN 13-3157286
SILVER MOUNTAIN FOUNDATION FOR THE ARTS
Tax-exempt · MORRISTOWN, NJ 07960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $710,431 | $1,966,981 | -$1,256,550 | $15,848,368 | $0 | $15,848,368 |
| December 31, 2023 | 990-PF | $544,896 | $1,998,236 | -$1,453,340 | $17,114,814 | $0 | $17,114,814 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $213,785
- Interest
- $3,257
- Net gain from sales of assets
- $279,819
- Other income
- $213,570
Expenses
- Grants and similar amounts paid
- $1,663,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,663,500
- Excise tax on investment income
- $5,657
Balance sheet and other
- Total assets, start of year
- $17,114,814
- Total assets, end of year
- $15,848,368
- Total liabilities, end of year
- $0
- Net assets, end of year
- $15,848,368
- Fair market value of assets
- $22,851,622
- Qualifying distributions
- $1,663,500
- Net investment income
- $706,527
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN P SIMON 360 MOUNT KEMBLE AVE SUITE 5, MORRISTOWN, NJ 07960 | TRUSTEE / AS REQUIRED | 0 | $0 |
| MS GUMMER 360 MOUNT KEMBLE AVE SUITE 5, MORRISTOWN, NJ 07960 | TRUSTEE / AS REQUIRED | 0 | $0 |
| CHERYL M BROWN 360 MOUNT KEMBLE AVE SUITE 5, MORRISTOWN, NJ 07960 | ASSISTANT TREASURER AND VICE PRESIDENT | 0 | $0 |
| MICHAEL T OLIVERI 360 MOUNT KEMBLE AVE SUITE 5, MORRISTOWN, NJ 07960 | CHIEF FINANCIAL OFFICER AND TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN P SIMON 360 MOUNT KEMBLE AVE SUITE 5, MORRISTOWN, NJ 07960 | TRUSTEE / AS REQUIRED | 0 | $0 |
| MS GUMMER 360 MOUNT KEMBLE AVE SUITE 5, MORRISTOWN, NJ 07960 | TRUSTEE / AS REQUIRED | 0 | $0 |
| CHERYL M BROWN 360 MOUNT KEMBLE AVE SUITE 5, MORRISTOWN, NJ 07960 | ASSISTANT TREASURER AND VICE PRESIDENT | 0 | $0 |
| MICHAEL T OLIVERI 360 MOUNT KEMBLE AVE SUITE 5, MORRISTOWN, NJ 07960 | CHIEF FINANCIAL OFFICER AND TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 360 MOUNT KEMBLE AVE STE 5, MORRISTOWN, NJ 07960-6662
- In care of
- % WILLIAM E SIMON & SONS LLC
- Signed the 990-PF
- JOHN P SIMON, TRUSTEE
- Phone
- (973) 525-1000
- Return prepared by
- SIMON QUICK ADVISORS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 13-3157286
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $15,848,368
- Income (IRS master file)
- $3,958,763
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $710,431 | $1,966,981 | $15,848,368 | IRS |
| 990-PF | December 2023 | $544,896 | $1,998,236 | $17,114,814 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3157286).
Questions about SILVER MOUNTAIN FOUNDATION FOR THE ARTS
- What is the EIN of SILVER MOUNTAIN FOUNDATION FOR THE ARTS?
- The employer identification number (EIN) of SILVER MOUNTAIN FOUNDATION FOR THE ARTS is 13-3157286.
- Is SILVER MOUNTAIN FOUNDATION FOR THE ARTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to SILVER MOUNTAIN FOUNDATION FOR THE ARTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SILVER MOUNTAIN FOUNDATION FOR THE ARTS file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SILVER MOUNTAIN FOUNDATION FOR THE ARTS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SILVER MOUNTAIN FOUNDATION FOR THE ARTS last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of SILVER MOUNTAIN FOUNDATION FOR THE ARTS?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does SILVER MOUNTAIN FOUNDATION FOR THE ARTS have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $710,431, expenses of $1,966,981 and total assets of $15,848,368 at year end.
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