Main Line Italian American Civic
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 195,061 | 198,325 | −3,264 | 2.3 | 14% |
| 2021 | 414,268 | 371,310 | 42,958 | 2.6 | 11% |
| 2022 | 439,769 | 401,810 | 37,959 | 3.5 | 11% |
| 2023 | 407,722 | 323,672 | 84,050 | 7.5 | 13% |
In its most recent public year (2023), this organization brought in $84,050 more than it spent. Its reserves stood at about 7.5 months of spending, up from 2.3 in 2020. Staff pay was 13% 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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