La Festa Italiana Inc
- Assets
- $175.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Liverpool, NY
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 16-1554287
Organization Overview
La Festa Italiana Inc is located in Liverpool, NY. The organization was established in 2000. 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. LA Festa Italiana 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 12/2021, LA Festa Italiana Inc generated $155.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $173.8k during the year ending 12/2021. While expenses have increased by 1.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE AWARENESS OF ITALIAN-AMERICAN CULTURE THROUGH AN ITALIANA FESTIVAL (LA FESTA ITALIANA) HELD IN DOWNTOWN SYRACUSE NEW YORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julian Charles Vice-President | 2 | $0 | |
Virginia Lostumbo President | 2 | $0 | |
Theresa Charles Treasurer | 2 | $0 | |
Carol Stockham Secretary | 2 | $0 | |
Gino Fabrizi Board Member | 1 | $0 | |
John Cerrone Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,050 |
| Total Program Service Revenue | $142,068 |
| Membership dues | $0 |
| Investment income | $807 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $155,925 |
| 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 | $2,025 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,232 |
| Other expenses | $170,523 |
| Total expenses | $173,780 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,313 |
| Other assets | $0 |
| Total assets | $175,583 |
| Total liabilities | $0 |
| Net assets or fund balances | $175,583 |
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