2019-05-01T14:54:00-05:00 2018-06-30 042442519 EDELSTEIN AND COMPANY LLP 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2017-07-01 043444069 THE SILK ROAD PROJECT INC SILK 6174968888 175 NORTH HARVARD STREET BOSTON MA 02134 GOLNAR KHOSROWSHAHI PRESIDENT AND CHAIR 6174968888 2019-05-01 1 SCOTT KAPLOWITCH P00002440 6172276161 2019-04-26 38.111.9.114 2019-05-01 11:37:38 ED P C1284B650163F101757B7047818B4EE77766F5D2 C1284B650163F101757B7047818B4EE77766F5D2 2017 2019-02-21 02:37:17Z GOLNAR KHOSROWSHAHI 175 NORTH HARVARD STREET BOSTON MA 02134 3437045 0 X WWW.SILKROADPROJECT.ORG X 1998 MA SILKROAD CREATES MUSIC THAT ENGAGES DIFFERENCE, SPARKING RADICAL CULTURAL COLLABORATION AND PASSION-DRIVEN LEARNING TO BUILD A MORE HOPEFUL WORLD. 13 13 9 0 0 0 2093738 1481136 3430803 1905422 154 -256 28934 34136 5553629 3420438 0 0 0 0 1149628 817079 25704 37433 304130 3420270 2500650 4595602 3355162 958027 65276 2697243 3045898 359425 650804 2337818 2395094 X SILKROAD CREATES MUSIC THAT ENGAGES DIFFERENCE, SPARKING RADICAL CULTURAL COLLABORATION AND PASSION-DRIVEN LEARNING TO BUILD A MORE HOPEFUL WORLD. 0 0 2597907 0 1938524 THE SILK ROAD PROJECT HAD ONE MAJOR TOUR IN FY18. IN APRIL OF 2018 YO-YO MA AND THE SILK ROAD ENSEMBLE TOURED THROUGHOUT THE UNITED STATES. THE SILK ROAD ENSEMBLE CONTINUED A RESIDENCY WITH THE GETTY MUSEUM COMPOSING SPECIFIC MUSIC FOR AN INSTALLATION THAT OPENED IN THE FALL OF 2017. THE SILK ROAD ENSEMBLE HAD A YEARLONG RESIDENCY WITH SMITHSONIAN MUSEUM, THE FREER SACKLER GALLERY. SILK ROAD ENSEMBLE MEMBERS CREATED MUSICAL COMPOSITIONS FOR ARTWORK THROUGHOUT THE GALLERY AS PART OF THE RESIDENCY. THE SILK ROAD PROJECT'S GLOBAL MUSICIAN WORKSHOP RETURNED TO DEPAUW UNIVERSITY. THE WORKSHOP HAS GROWN IN THE BOTH THE NUMBERS OF ATTENDEES AND NUMBER AND DIVERSITY OF THE FACULTY/MUSICIANS. THE SILK ROAD PROJECT HAS CONTINUING EDUCATIONAL PROJECTS. THERE IS A CONTINUING SILK ROAD PROJECT EDUCATION PRESENCE IN CONJUNCTION WITH TURNAROUND ARTS WITH LAME DEER IN MONTANA AND DES MOINES IOWA.THE SILK ROAD ENSEMBLE JOINED WITH THE MARK MORRIS DANCE COMPANY IN THE PRESENTATION AND TOUR OF THE AZERBAIJAN OPERA LAYLA AND MAJNUN. LAYLA AND MAJNUN WAS TRANSFORMED FROM AN OPERA TO A CONCERT ENSEMBLE WORK BY THE SILK ROAD PROJECT IN 2018. THE MARK MORRIS DANCE COMPANY TRANSFORMED THE WORK TO INTEGRATE DANCE.MEMBERS OF THE SILK ROAD ENSEMBLE COMPLETED VISITS TO THE SYRIAN REFUGEE CAMPS TO PERFORM AND WORK WITH MUSICIANS AS WELL AS CHILDREN IN THE REFUGEE CAMPS. 2597907 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 64 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MA X EDUARDO BRANIFF 6174968888 175 NORTH HARVARD STREET BOSTON MA 02134 GOLNAR KHOSROWSHAHI PRESIDENT/CHAIR 1.00 X X 0 0 0 JUDITH N GOLDBERG DIRECTOR (THROUGH 5/17/18) 1.00 X 0 0 0 MERTON FLEMINGS DIRECTOR (THROUGH 5/17/18) 1.00 X 0 0 0 JONATHAN BAYS DIRECTOR 1.00 X 0 0 0 GERRY CARDINALE DIRECTOR 1.00 X 0 0 0 LORI SAMUELS DIRECTOR (APPOINTED 9/26/17) 1.00 X 0 0 0 JILL HORNOR DIRECTOR (THROUGH 5/17/18) 1.00 X 0 0 0 DIANN KIM DIRECTOR 1.00 X 0 0 0 YO-YO MA DIRECTOR (THROUGH 5/17/18) 1.00 X 0 0 0 ANNE PERETZ DIRECTOR (THROUGH 5/17/18) 1.00 X 0 0 0 DIANA SORENSEN DIRECTOR 1.00 X 0 0 0 ELIZABETH TEN GROTENHUIS DIRECTOR (THROUGH 5/17/18) 1.00 X 0 0 0 PAUL STEBBINS TREASURER 1.00 X X 0 0 0 PRINCE AMYN AGA KHAN DIRECTOR 1.00 X 0 0 0 CATHERINE GEVERS DIRECTOR 1.00 X 0 0 0 OPHELIA DAHL DIRECTOR 1.00 X 0 0 0 ROHIT DESHPANDE DIRECTOR 1.00 X 0 0 0 NICHOLAS MA DIRECTOR (APPOINTED 5/17/18) 1.00 X 0 0 0 FAITH RAIGUEL DIRECTOR (APPOINTED 5/17/18) 1.00 X 0 0 0 ISABELLE HUNTER CLERK/CONSULTANT 5.00 X 12000 0 0 EDUARDO BRANIFF EXECUTIVE DIRECTOR 40.00 X 106710 0 13753 LAURA FREID FORMER CEO & EXECUTIVE DIRECTOR 0.00 X 157888 0 1163 276598 0 14916 2 1 1 0 OPUS 3 ARTISTS 470 PARK AVE SOUTH 9TH FLOOR NEW YORK NY 10016 COMMISSION ON BOOKINGS 191075 1 40000 1441136 90385 1481136 PERFORMANCE FEES 711130 1639908 1639908 PROGRAM INCOME 711130 265514 265514 1905422 313 313 1034 1034 2056 2625 -569 -569 -569 11233 13982 -2749 -2749 MISCELLANEOUS INCOME 711130 35851 35851 35851 3420438 1938524 0 778 X 236753 90014 56438 90301 402224 200536 132221 69467 25162 16050 7138 1974 32363 17440 8806 6117 120577 61541 32407 26629 4983 4983 43565 43565 37433 37433 1122877 1113650 8046 1181 66016 25583 22081 18352 119529 69851 45664 4014 29891 29891 3375 3375 442019 376593 20853 44573 5524 5524 19088 19088 PRODUCTION CONTRACT SER 218963 218963 COMMISSIONS ON PERFORMA 191075 191075 PUBLICATION AND MULTI-M 132558 132558 NEW PERFORMANCE WORKS 64750 64750 36437 19303 13045 4089 3355162 2597907 453125 304130 712522 1079407 21776 207042 1842070 1362147 44581 230071 4339 68530 156564 135327 128999 7764 6328 2697243 3045898 359425 450804 200000 359425 650804 X -98926 563444 2436744 1831650 2337818 2395094 2697243 3045898 X 65276 -8000 X X 0 1 X 1 0 X 2498946 3172322 2135113 2093738 1481136 11381255 2498946 3172322 2135113 2093738 1481136 11381255 3738378 7642877 10539 852 1804 498 1347 15040 11396295 10267319 0.67060 0.66490 X 2436744 359666 964760 1831650 2361084 1099612 1023952 2436744 1704763 1702234 1045913 2361084 220971 2716847 1233055 1704763 125000 213384 117413 220971 1.00000 0 0 103915 103915 0 31412 25084 6328 6328 3445114 10125 10125 3434989 -14551 -14551 3420438 3387838 10125 22551 32676 3355162 0 3355162 PART V, LINE 4: TEMPORARILY RESTRICTED TO PROGRAMS AND TIME. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF INVENTORY SOLD -13,982. LOSS ON DISPOSALS OF FIXED ASSETS -569. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 8,000. COST OF INVENTORY SOLD 13,982. LOSS ON DISPOSALS OF FIXED ASSETS 569. MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES PERFORMANCE, VISIT TO SYRIAN REFUGEE CAMPS 21616 0 0 0 0 0 0 21616 0 21616 0 0 0 0 0 0 PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS USED FOR FINANCIAL STATEMENT PURPOSES. X X X X X X 1 SARA STACKHOUSE STACKHOUSE CREATIVE 80 FRANKLIN STREET ARLINGTON MA 02474 FUNDRAISING CONSULTANT 0 0 19200 -19200 ALEXANDRA ROGERS 101 DODGE STREET BEVERLY MA 01915 GRANT WRITING 0 0 18233 -18233 37433 -37433 MA SCHEDULE G, PART I, LINE 2B, COLUMN (V) TRAVEL COSTS INCURRED IN PERFORMING THIS SERVICE WOULD BE BILLED SEPARATELY AND IN ADDITION TO THE PROFESSIONAL FEES. PARKING FEES INCURRED BY CONSULTANT, SUCH AS MEAL COSTS WITH DONOR, PARKING FOR MEETINGS, TRAVEL, ETC. WILL BE REIMBURSED BY THE CLIENT. CONSULTANT MUST PROVIDE RECEIPTS, NOT TO EXCEED $100/MONTH (FEB 2018-AUG 2018) THEN $200/MONTH AFTER AMENDMENT OF THE ORIGINAL CONTRACT WAS SIGNED ON 9/1/2018. EXPENSES THAT EXCEED THIS AMOUNT MUST BE APPROVED, IN ADVANCE, BY THE EXECUTIVE DIRECTOR. USE OF CONSULTANT CAR FOR REQUIRED TRAVEL BEYOND A 20 MILE RADIUS WILL BE REIMBURSED AT THE FEDERAL REIMBURSEMENT RATE FOR MILEAGE,PLUS TOLLS. X X X X X 1 0 0 0 0 0 0 0 0 LAURA FREID FORMER CEO & EXECUTIVE DIRECTOR 4432 0 0 0 153456 0 0 0 1163 0 159051 0 0 0 PART I, LINE 4A IN SEPTEMBER 2016, THE ORGANIZATION ENTERED INTO A SEPARATION AGREEMENT WITH LAURA FREID, FORMER CEO AND EXECUTIVE DIRECTOR. THE EFFECTIVE DATE OF SEPARATION WAS DECEMBER 23, 2016 AND PROVIDED FOR 6 MONTHS OF SALARY TO BE PAID AS SEVERANCE, AMOUNTING TO $134,088. THE SEVERENCE WAS PAID IN JANUARY 2017, AND IS INCLUDED IN OTHER REPORTABLE COMPENSATION. X 2 90385 PROCEEDS FROM SALE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 YO-YO MA AND JILL HORNOR: FAMILY RELATIONSHIP YO-YO MA, JILL HORNOR AND JONATHAN BAYS: BUSINESS RELATIONSHIP MERTON FLEMINGS AND ELIZABETH TEN GROTENHUIS: FAMILY RELATIONSHIP YO-YO MA, JILL HORNOR AND NICHOLAS MA: FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIRMAN OF THE BOARD AND THE TREASURER REVIEW THE FORM 990. AFTER REVIEW AND EDITS (IF NECESSARY), THE FORM 990 IS SENT TO THE REMAINDER OF THE BOARD BEFORE IT IS FILED. EACH BOARD MEMBER RECEIVES A PHYSICAL COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED AT THE ANNUAL MEETING. THE FULL BOARD THEN REVIEWS AND VOTES ON ANY CONFLICT OF INTEREST. PERSONS WHO HAVE A CONFLICT OF INTEREST ARE EXCUSED FROM THE PORTION OF THE MEETING WHEN A CONFLICT ARISES. PERSONS WITH A CONFLICT ARE NOT ALLOWED TO VOTE ON ANY MATTERS PERTAINING TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 FINANCE/COMPENSATION COMMITTEE - EACH YEAR THE SILK ROAD PROJECT PURCHASES THE CURRENT GUIDE STAR COMPENSATION REPORT. THE REPORT IS SENT TO THE CEO, THE FINANCE COMMITTEE AND COMPENSATION COMMITTEE FOR THEIR REVIEW. THE EXECUTIVE COMMITTEE AND THE COMPENSATION COMMITTEE HAVE SEPARATE MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 ALL PUBLIC DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST OR MADE AVAILABLE DURING NORMAL BUSINESS HOURS OF THE OFFICE. FORM 990, PART IX, LINE 11G PERFORMANCE/ARTISTS FEES: PROGRAM SERVICE EXPENSES 1,112,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,112,150. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,500. MANAGEMENT AND GENERAL EXPENSES 8,046. FUNDRAISING EXPENSES 1,181. TOTAL EXPENSES 10,727. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -8,000. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.