Italian Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 109,116 | 73,087 | 36,029 | 13.3 | — |
| 2012 | 110,201 | 87,531 | 22,670 | 14.2 | — |
| 2013 | 103,360 | 94,732 | 8,628 | 14.2 | — |
| 2014 | 129,288 | 114,442 | 14,846 | 13.3 | — |
| 2015 | 127,410 | 131,047 | −3,637 | 11.3 | — |
| 2016 | 164,049 | 135,910 | 28,139 | 13.4 | — |
| 2017 | 151,215 | 141,115 | 10,100 | 14.0 | — |
| 2018 | 206,172 | 170,702 | 35,470 | 14.1 | 0% |
| 2019 | 144,856 | 131,394 | 13,462 | 19.5 | 0% |
| 2020 | 242,376 | 239,704 | 2,672 | 10.8 | 38% |
| 2021 | 282,777 | 219,941 | 62,836 | 16.5 | 55% |
| 2022 | 232,360 | 272,947 | −40,587 | 9.4 | 42% |
| 2023 | 279,445 | 269,173 | 10,272 | 11.3 | 41% |
In its most recent public year (2023), this organization brought in $10,272 more than it spent. Its reserves stood at about 11.3 months of spending, down from 13.3 in 2011. Staff pay was 41% 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 Cultural Center'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