Italian American Foundation Of Santa Barbara
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,311 | 9,209 | 3,102 | 355.9 | — |
| 2021 | 38,216 | 12,274 | 25,942 | 305.0 | — |
| 2022 | 17,878 | 11,861 | 6,017 | 292.2 | — |
| 2023 | 22,185 | 11,938 | 10,247 | 328.9 | — |
In its most recent public year (2023), this organization brought in $10,247 more than it spent. Its reserves stood at about 328.9 months of spending, down from 355.9 in 2020.
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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