Italian American Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 65,028 | 51,449 | 13,579 | 41.8 | — |
| 2012 | 58,542 | 49,082 | 9,460 | 46.2 | — |
| 2013 | 71,066 | 49,828 | 21,238 | 50.6 | — |
| 2014 | 56,721 | 52,214 | 4,507 | 49.3 | — |
| 2015 | 57,514 | 50,319 | 7,195 | 52.9 | — |
| 2016 | 55,955 | 50,627 | 5,328 | 53.8 | — |
| 2017 | 53,183 | 54,526 | −1,343 | 49.7 | — |
| 2018 | 53,708 | 49,554 | 4,154 | 55.7 | — |
| 2019 | 53,571 | 56,922 | −3,351 | 47.8 | — |
| 2020 | 18,088 | 26,896 | −8,808 | 97.2 | — |
| 2021 | 28,180 | 50,082 | −21,902 | 46.9 | — |
| 2022 | 45,230 | 49,894 | −4,664 | 46.0 | — |
| 2023 | 57,987 | 53,568 | 4,419 | 43.8 | — |
In its most recent public year (2023), this organization brought in $4,419 more than it spent. Its reserves stood at about 43.8 months of spending, up from 41.8 in 2011.
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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