Italian Cultural Center Of Western Massachusetts Inc is located in Springfield, MA. The organization was established in 1996. 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. Italian Cultural Center Of Western Massachusetts Inc 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 06/2020, Italian Cultural Center Of Western Massachusetts Inc generated $36.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $48.4k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marcia Capuano Co-President | 10 | $0 | |
Katherine Smith Treasurer | 5 | $0 | |
Daniel Cohen Vice President | 5 | $0 | |
Patty Murphy Secretary | 5 | $0 | |
Charles Becker Co-President | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,259 |
Total Program Service Revenue | $21,994 |
Membership dues | $0 |
Investment income | $14 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $36,267 |
Statement of Expenses | |
---|---|
Total expenses | $48,409 |
Balance Sheet | |
---|---|
Total assets | $238,511 |
Total liabilities | $102,730 |
Net assets or fund balances | $135,781 |
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