Italian Cultural Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 463,886 | 433,149 | 30,737 | 36.6 | 32% |
| 2011 | 421,178 | 395,935 | 25,243 | 40.8 | 28% |
| 2012 | 310,430 | 353,194 | −42,764 | 44.2 | 35% |
| 2013 | 353,416 | 377,035 | −23,619 | 40.7 | 33% |
| 2014 | 374,346 | 409,631 | −35,285 | 36.0 | 25% |
| 2015 | 298,144 | 339,003 | −40,859 | 42.4 | 30% |
| 2016 | 272,644 | 285,022 | −12,378 | 49.2 | 26% |
| 2017 | 275,397 | 317,525 | −42,128 | 42.8 | 26% |
| 2018 | 374,799 | 398,800 | −24,001 | 33.7 | 19% |
| 2019 | 255,393 | 301,788 | −46,395 | 42.6 | 31% |
| 2020 | 210,487 | 194,043 | 16,444 | 69.1 | 33% |
| 2021 | 130,447 | 155,922 | −25,475 | 85.0 | 39% |
| 2022 | 152,915 | 166,164 | −13,249 | 75.6 | 37% |
| 2023 | 243,655 | 234,971 | 8,684 | 53.6 | 33% |
In its most recent public year (2023), this organization brought in $8,684 more than it spent. Its reserves stood at about 53.6 months of spending, up from 36.6 in 2010. Staff pay was 33% 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 Society'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