Istituto Italiano Scuola
- Assets
- $468.0k
- Revenue
- $697.7k
- Investments
- $0.0
- Employees
- 24
- Location
- San Francisco, CA
- Founding
- 04/2001
- Data as of
- 12/2023
- EIN
- 94-3320180
Organization Overview
Istituto Italiano Scuola is located in San Francisco, CA. The organization was established in 2001. 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. As of 12/2023, Istituto Italiano Scuola employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Istituto Italiano Scuola is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Istituto Italiano Scuola generated $697.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $690.8k during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE LEARNING OF THE ITALIAN LANGUAGE AND CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFER ITALIAN LANGUAGE AND CULTURE CLASSES AND PROMOTE THE ITALIAN CULTURE THROUGH THE ORGANIZATION OF CULTURAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nina Lualdi President | OfficerTrustee | 1 | $0 |
Karen Mcmillan Treasurer | OfficerTrustee | 1 | $0 |
Curtis Schuhmacher Recording Secretary | OfficerTrustee | 1 | $0 |
Deborah Keith Director | Trustee | 1 | $0 |
Nick Figone Director | Trustee | 1 | $0 |
Jordi Moncada Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,744 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,744 |
| Total Program Service Revenue | $682,141 |
| Investment income | $6,780 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $697,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,483 |
| Compensation of current officers, directors, key employees. | $97,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $363,421 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,154 |
| Payroll taxes | $37,580 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,663 |
| Advertising and promotion | $38,157 |
| Office expenses | $15,972 |
| Information technology | $14,512 |
| Royalties | $0 |
| Occupancy | $42,378 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $308 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,260 |
| All other expenses | $0 |
| Total functional expenses | $690,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,062 |
| Savings and temporary cash investments | $41,406 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $183,919 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,600 |
| Total assets | $467,987 |
| Accounts payable and accrued expenses | $1,021 |
| Grants payable | $0 |
| Deferred revenue | $76,806 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $77,827 |
| Net assets without donor restrictions | $390,160 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $467,987 |
Grants Awarded
Over the last fiscal year, Istituto Italiano Scuola has awarded $59,317 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
RUTH ASAWA SCHOOL OF THE ARTS ITALIAN DEPT PURPOSE: TO PROMOTE ITALIAN LANGUAGE INSTRUCTION IN US SCHOOLS | $15,521 |
ST CATHERINE OF SIENA SCHOOL PURPOSE: TO PROMOTE ITALIAN LANGUAGE INSTRUCTION IN US SCHOOLS | $10,106 |
ST FRANCIS CATHOLIC HIGH SCHOOL PURPOSE: TO PROMOTE ITALIAN LANGUAGE INSTRUCTION IN US SCHOOLS | $8,809 |
AREY JONES EDUCATIONAL FBO LOWELL HIGH SCHOOL PURPOSE: TO PROMOTE ITALIAN LANGUAGE INSTRUCTION IN US SCHOOLSTO PROMOTE ITALIAN LANGUAGE INSTRUCTION IN US SCHOOLS | $7,169 |
SECOND COMMUNITY PARENT ASSOCCLARENDON SCHOOL PURPOSE: TO PROMOTE ITALIAN LANGUAGE INSTRUCTION IN US SCHOOLS | $8,590 |
ST FRANCIS OF ASSISI ELEMENTARY SCHOOL PURPOSE: TO PROMOTE ITALIAN LANGUAGE INSTRUCTION IN US SCHOOLS | $9,122 |