Hoboken Italian Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 181,206 | 169,562 | 11,644 | 16.5 | — |
| 2012 | 166,311 | 164,773 | 1,538 | 17.1 | — |
| 2013 | 184,616 | 174,278 | 10,338 | 16.9 | — |
| 2014 | 178,053 | 163,074 | 14,979 | 19.1 | 0% |
| 2015 | 155,772 | 138,544 | 17,228 | 24.0 | — |
| 2016 | 167,832 | 207,622 | −39,790 | 13.7 | — |
| 2017 | 146,360 | 141,959 | 4,401 | 20.4 | — |
| 2018 | 141,417 | 138,987 | 2,430 | 21.1 | — |
| 2019 | 241,477 | 178,701 | 62,776 | 20.6 | 0% |
| 2020 | 48,151 | 92,248 | −44,097 | 34.2 | 0% |
| 2021 | 152,661 | 125,287 | 27,374 | 27.8 | 0% |
| 2022 | 189,698 | 143,296 | 46,402 | 28.2 | 0% |
| 2023 | 195,975 | 229,395 | −33,420 | 15.9 | 0% |
In its most recent public year (2023), this organization spent $33,420 more than it brought in. Its reserves stood at about 15.9 months of spending. 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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