Mercer County Italian-American Festival Asso Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 389,942 | 422,023 | −32,081 | 6.6 | 0% |
| 2012 | 470,315 | 471,375 | −1,060 | 5.8 | 0% |
| 2013 | 512,472 | 448,489 | 63,983 | 7.9 | 0% |
| 2014 | 534,055 | 467,225 | 66,830 | 9.3 | 0% |
| 2015 | 512,350 | 465,216 | 47,134 | 10.5 | 0% |
| 2016 | 515,628 | 460,970 | 54,658 | 12.0 | 0% |
| 2017 | 420,377 | 424,025 | −3,648 | 13.0 | 0% |
| 2018 | 194,873 | 337,750 | −142,877 | 11.2 | 0% |
| 2019 | 283,951 | 334,481 | −50,530 | 9.5 | 0% |
| 2020 | 8,772 | 46,680 | −37,908 | 58.4 | 0% |
| 2021 | 149,252 | 28,344 | 120,908 | 146.3 | 0% |
| 2022 | 1,929 | 22,661 | −20,732 | 155.1 | 0% |
| 2023 | 11,456 | 19,947 | −8,491 | 182.9 | 0% |
In its most recent public year (2023), this organization spent $8,491 more than it brought in. Its reserves stood at about 182.9 months of spending, up from 6.6 in 2011. Staff pay was 0% 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
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