National Italian American Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 6,426,318 | 6,033,892 | 392,426 | 19.8 | 19% |
| 2011 | 5,662,614 | 5,592,585 | 70,029 | 20.2 | 19% |
| 2012 | 5,236,028 | 4,392,588 | 843,440 | 29.5 | 20% |
| 2013 | 4,939,880 | 4,872,446 | 67,434 | 29.5 | 19% |
| 2014 | 3,773,133 | 4,246,964 | −473,831 | 32.8 | 21% |
| 2015 | 5,048,025 | 5,118,762 | −70,737 | 24.1 | 19% |
| 2016 | 13,450,165 | 4,799,050 | 8,651,115 | 48.0 | 21% |
| 2017 | 5,361,757 | 12,326,740 | −6,964,983 | 12.5 | 8% |
| 2018 | 3,571,563 | 4,215,841 | −644,278 | 27.6 | 16% |
| 2019 | 3,677,213 | 4,371,912 | −694,699 | 26.4 | 18% |
| 2020 | 2,585,652 | 2,213,507 | 372,145 | 56.3 | 28% |
| 2021 | 5,132,952 | 3,142,101 | 1,990,851 | 48.4 | 26% |
| 2022 | 5,078,647 | 4,855,978 | 222,669 | 28.5 | 22% |
| 2023 | 4,821,757 | 5,515,847 | −694,090 | 24.9 | 20% |
In its most recent public year (2023), this organization spent $694,090 more than it brought in. Its reserves stood at about 24.9 months of spending, up from 19.8 in 2010. Staff pay was 20% of spending. $9,692,431 of its net assets are donor-restricted.
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
National Italian American Foundation 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