Italian Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,424 | 0 | 5,424 | — | — |
| 2012 | 6,926 | 0 | 6,926 | — | — |
| 2013 | −6,469 | 0 | −6,469 | — | — |
| 2014 | 16,133 | 0 | 16,133 | — | — |
| 2015 | −1,527 | 0 | −1,527 | — | — |
| 2016 | 5,216 | 0 | 5,216 | — | — |
| 2017 | 294 | 0 | 294 | — | — |
| 2018 | 15,006 | 0 | 15,006 | — | — |
| 2019 | 7,581 | 275 | 7,306 | 3402.9 | — |
| 2020 | 992 | 367 | 625 | 2372.5 | — |
| 2021 | −1,823 | 3,193 | −5,016 | 253.8 | — |
| 2022 | 28,209 | 16,673 | 11,536 | 56.9 | — |
| 2023 | 16,365 | 23,291 | −6,926 | 37.2 | — |
In its most recent public year (2023), this organization spent $6,926 more than it brought in. Its reserves stood at about 37.2 months 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 Festival 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