American Italian Cultural Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 93,896 | 87,000 | 6,896 | 55.0 | — |
| 2011 | 97,551 | 85,451 | 12,100 | 57.7 | — |
| 2012 | 115,306 | 72,613 | 42,693 | 71.4 | 37% |
| 2013 | 112,775 | 94,293 | 18,482 | 46.3 | 30% |
| 2014 | 119,564 | 89,527 | 30,037 | 54.0 | 31% |
| 2015 | 121,476 | 94,761 | 26,715 | 53.1 | 0% |
| 2016 | 139,173 | 123,027 | 16,146 | 42.3 | 10% |
| 2017 | 190,757 | 123,121 | 67,636 | 48.9 | 25% |
| 2018 | 188,093 | 135,627 | 52,466 | 45.7 | 23% |
| 2019 | 179,868 | 146,194 | 33,674 | 48.6 | 24% |
| 2020 | 78,781 | 105,188 | −26,407 | 68.7 | 26% |
| 2021 | 194,443 | 143,501 | 50,942 | 57.1 | 24% |
| 2022 | 251,412 | 156,404 | 95,008 | 46.2 | 23% |
| 2023 | 231,664 | 222,908 | 8,756 | 34.6 | 23% |
In its most recent public year (2023), this organization brought in $8,756 more than it spent. Its reserves stood at about 34.6 months of spending, down from 55 in 2010. Staff pay was 23% 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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