Columbus Italian American Citizens Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 121,795 | 185,859 | −64,064 | 20.6 | 29% |
| 2022 | 81,968 | 244,071 | −162,103 | 7.7 | 9% |
| 2023 | 320,409 | 116,106 | 204,303 | 37.3 | 18% |
In its most recent public year (2023), this organization brought in $204,303 more than it spent. Its reserves stood at about 37.3 months of spending, up from 20.6 in 2021. Staff pay was 18% 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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