Arts, Culture & Humanities
(A230)
IRS Verified
DX Registered
990 on File
NATIONAL ITALIAN AMERICAN FOUNDATION INC
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To serve as a resource for the Italian American community; to preserve the Italian American heritage and culture; to promote and inspire a positive image and legacy of Italian Americans; and to strengthen and empower ties between the United States and Italy.
Financial Overview — FY 2023
$4.8M
Total Revenue
$5.5M
Total Expenses
$11.4M
Net Assets
12
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
65.2%
Fundraising Efficiency
N/A
Operating Reserve
24.88x
Liability-to-Asset
6.5%
Revenue Diversification
48.6%
Compared with Peers
FY 2023
Compared with 4,649 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
65.2% | 77.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
33.0% | 14.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.8% | 5.5% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
24.9 mo | 16.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.5% | 10.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
48.6% | 74.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-5.1% | 3.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
13.6% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-14.4% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $4.8M | $5.5M | $11.4M | 65.2% | 12 |
| 2022 | $5.1M | $4.9M | $11.5M | 59.0% | 12 |
| 2021 | $5.1M | $3.1M | N/A | — | 10 |
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