Festa Italiana
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 86,017 | 86,915 | −898 | 4.7 | 0% |
| 2012 | 85,864 | 89,424 | −3,560 | 4.1 | 0% |
| 2013 | 69,924 | 83,034 | −13,110 | 2.6 | 0% |
| 2014 | 87,789 | 83,184 | 4,605 | 3.2 | 0% |
| 2015 | 72,882 | 81,610 | −8,728 | 2.0 | 0% |
| 2016 | 85,834 | 91,022 | −5,188 | 1.1 | 0% |
| 2017 | 91,586 | 88,489 | 3,097 | 1.6 | 0% |
| 2018 | 97,532 | 87,142 | 10,390 | 3.0 | 0% |
| 2019 | 145,591 | 88,331 | 57,260 | 3.0 | 0% |
| 2020 | 30,971 | 23,236 | 7,735 | 15.3 | 0% |
| 2021 | 67,933 | 54,809 | 13,124 | 9.4 | 0% |
| 2022 | 126,914 | 90,174 | 36,740 | 10.6 | 0% |
| 2023 | 100,232 | 116,761 | −16,529 | 6.5 | 0% |
In its most recent public year (2023), this organization spent $16,529 more than it brought in. Its reserves stood at about 6.5 months of spending, up from 4.7 in 2011. 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 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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