Overview
What is The Silver Institute Inc?
The Silver Institute Inc, based in Washington D.C., serves as a nonprofit organization dedicated to enhancing the silver industry. Through their initiatives, they aim to boost public understanding and appreciation of silver, disseminating information through their website, press releases, and newsletters. They also maintain a technical director to monitor advancements in the global silver market. The Silver Institute's main objective is to promote silver industry growth by increasing market demand for silver products across various consumer sectors. As of year end 2022, the institute had 25 members supporting its mission.
Official website here: www.silverinstitute.org
Is The Silver Institute Inc legitimate?
The Silver Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Silver Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.silverinstitute.org
What is the mission statement of The Silver Institute Inc?
The Silver Institute Inc's mission is centered around promoting the well-being of the silver industry. They aim to increase the understanding and demand for silver products among various end-users. To achieve this, the organization focuses on disseminating information and education about silver, highlighting trends in the silver marketplace. They retain a technical director to monitor global developments that impact silver consumption. As of year-end 2022, The Silver Institute had 25 members.
Official website here: www.silverinstitute.org
Who is the CEO of The Silver Institute Inc?
Ignacio Bustamante is the President of The Silver Institute Inc.
Official website here: www.silverinstitute.org
What is the revenue of The Silver Institute Inc?
The Silver Institute Inc's revenue in 2022 was $1,270,066.
Official website here: www.silverinstitute.org
Who are the executives of The Silver Institute Inc and what are their salaries?
Here are 28 key members and their salaries:
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Official website here: www.silverinstitute.org
Where can I find the form 990 for The Silver Institute Inc?
The Silver Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.silverinstitute.org
Learn more at the official website: www.silverinstitute.org
Mission Statement of The Silver Institute Inc
The Silver Institute, a prominent organization in the silver industry, is committed to enhancing its welfare by fostering a deeper understanding and stimulating demand for silver products among various end-users. To achieve this mission, The Silver Institute employs various strategies. One of its key initiatives involves increasing public awareness and knowledge about silver through its digital platforms, such as the organization's website, press releases, and newsletters. These communications highlight the trends and developments in the silver marketplace, thereby promoting the use and appreciation of silver products.
Additionally, The Silver Institute maintains a technical director who closely monitors global technical advancements that impact silver consumption. This role enables the organization to stay informed about the latest developments in the industry and share this knowledge with its members and the wider community. By staying abreast of these advancements, The Silver Institute can effectively advocate for the silver industry and its interests, ultimately contributing to its long-term growth and success. Together, these activities help The Silver Institute fulfill its mission of promoting the welfare of the silver industry and enhancing demand for silver products among diverse end-users.
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Impact
October, 2024
The Silver Institute Inc significantly influences the silver industry by enhancing awareness and understanding of silver products among end users. Through its comprehensive programs, the Institute provides valuable resources, including informational content on its website, press releases, and newsletters that highlight market trends and developments. This communication strategy fosters a greater appreciation for silver and educates consumers about its diverse applications.
Additionally, the Institute monitors global technical advancements that impact silver consumption, ensuring stakeholders are informed of relevant changes and innovations. By promoting the welfare of the silver industry and fostering collaboration among its 25 members, The Silver Institute plays a pivotal role in driving demand and improving the overall landscape of the silver market, ultimately benefiting both the industry and the community at large.
This information is meant to be a general summary of The Silver Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $127
- Program Service Revenue: $1,269,939
- Gross Receipts: $1,270,066
Assets and Liabilities:
- Total Assets: $297,313
- Total Liabilities: $0
- Net Assets: $297,313
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$1,048,759
Publications
Revenue
$221,180
Organization Details
Founding Year
1971
Phone
(202) 835-0185Principal Officer
Ignacio Bustamante
Main Address
1400 I Street NW 550, Washington, DC, 20005
Website
www.silverinstitute.orgNTEE Category
Code: S41 - Community improvement
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