Centro Culturale Italiano Inc
- Assets
- $180.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Babylon, NY
- Founding
- 09/1985
- Data as of
- 06/2022
- EIN
- 11-2709009
Organization Overview
Centro Culturale Italiano Inc is located in West Babylon, NY. The organization was established in 1985. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centro Culturale Italiano Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Centro Culturale Italiano Inc generated $22.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $39.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
INCREASED THE INTEREST OF EACH MEMBER IN THE PUBLIC WELFARE OF HIS COMMUNITY AND STIMULATE SOCIAL AND CULTURAL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francesco Gabriele President | 0 | $0 | |
Nicola Mariani 1st VP | 0 | $0 | |
Carlo Cossentino 2nd VP | 0 | $0 | |
Luigi Cavagliere 3rd VP | 0 | $0 | |
Iolanda Bauco Treas | 0 | $0 | |
Maria Nappo Secy/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,730 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,020 |
| Other Revenue | $9,836 |
| Total Revenue | $22,609 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $950 |
| Occupancy, rent, utilities, and maintenance | $21,906 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,666 |
| Total expenses | $39,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,333 |
| Other assets | $0 |
| Total assets | $180,893 |
| Total liabilities | $0 |
| Net assets or fund balances | $180,893 |
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