Friends Of The Italian Cultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 300,440 | 11,170 | 289,270 | 494.2 | 0% |
| 2015 | 61,053 | 20,502 | 40,551 | 293.0 | 0% |
| 2016 | 143,456 | 61,384 | 82,072 | 113.9 | 0% |
| 2017 | 6,000 | 38,618 | −32,618 | 170.9 | 0% |
| 2018 | 9,338 | 25,777 | −16,439 | 248.4 | 0% |
| 2019 | 10,671 | 31,541 | −20,870 | 195.1 | 0% |
| 2020 | 3,398 | 4,268 | −870 | 1439.1 | 0% |
In its most recent public year (2020), this organization spent $870 more than it brought in. Its reserves stood at about 1439.1 months of spending, up from 494.2 in 2014. Staff pay was 0% 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 2020. 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
Friends Of The Italian Cultural Center Inc's IRS filings as a feed — one entry per filing year, through 2020. 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