Italian American Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 573,928 | 630,680 | −56,752 | 21.0 | 18% |
| 2012 | 533,121 | 582,628 | −49,507 | 21.8 | 23% |
| 2013 | 400,237 | 671,874 | −271,637 | 14.0 | 20% |
| 2014 | 502,724 | 514,085 | −11,361 | 18.1 | 27% |
| 2015 | 541,365 | 525,656 | 15,709 | 18.0 | 37% |
| 2016 | 452,258 | 543,321 | −91,063 | 15.5 | 39% |
| 2018 | 590,422 | 651,525 | −61,103 | 11.1 | 40% |
| 2019 | 393,632 | 526,125 | −132,493 | 10.7 | 35% |
| 2020 | 90,807 | 213,749 | −122,942 | 19.4 | 9% |
| 2021 | 229,265 | 264,059 | −34,794 | 14.1 | 23% |
| 2022 | 40,849 | 155,288 | −114,439 | 15.1 | 15% |
| 2023 | 2,510,825 | 398,083 | 2,112,742 | 69.6 | 8% |
In its most recent public year (2023), this organization brought in $2,112,742 more than it spent. Its reserves stood at about 69.6 months of spending, up from 21 in 2011. Staff pay was 8% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Italian American Community Center Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works