America-Italy Society Of Philadelphia

Organization Overview

America-Italy Society Of Philadelphia is located in Philadelphia, PA. The organization was established in 1959. 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. America-Italy Society Of Philadelphia 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, America-Italy Society Of Philadelphia generated $616.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $503.5k during the year ending 12/2021. While expenses have increased by 4.6% 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.

Since 2014, America-Italy Society Of Philadelphia has awarded 56 individual grants totaling $451,361. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INCREASE AMERICAN UNDERSTANDING OF ITALIAN LIFE AND CULTURE AND TO ENHANCE FRIENDLY RELATIONS BETWEEN ITALY AND THE UNITED STATES OF AMERICA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ITALIAN LANGUAGE PROGRAMS - THE SOCIETY OFFERED ELEMENTARY, INTERMEDIATE AND ADVANCED COURSES IN ITALIAN LANGUAGE AND LITERATURE FOR APPROXIMATELY 350 STUDENTS.


LECTURES, FILMS, OTHER CULTURAL AND EDUCATION PROGRAMS - DESIGNED TO INCREASE AMERICAN UNDERSTANDING OF ITALY'S CULTURAL HERITAGE AND FOSTER FRIENDLY TIES BETWEEN THE UNITED STATES AND ITALY.


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Board, Officers & Key Employees

Name (title)Compensation
Franca Riccardi
Executive Director
$80,745
Christopher Scarpa
Treasurer
$0
Ute Striker
President
$0
Robyn Leto
Vice President
$0
Davyd Booth
Director
$0
C Brian Rose
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$18,705
Fundraising events$0
Related organizations$0
Government grants $196,108
All other contributions, gifts, grants, and similar amounts not included above$13,562
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$228,375
Total Program Service Revenue$355,939
Investment income $16,639
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$3,694
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $616,436

Grants Awarded

Over the last fiscal year, America-Italy Society Of Philadelphia has awarded $38,000 in support to 3 organizations.

Grant RecipientAmount

WORLD AFFAIRS COUNCIL OF PHILADELPHIA

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: TO SUPPORT THE ITALIAN EDUCATION PROGRAMS

$18,000

LOGAN TOWNSHIP DISTRICT

PURPOSE: TO SUPPORT THE ITALIAN EDUCATION PROGRAMS

$12,000

POINT PLEASANT BOROUGH HIGH SCHOOL

PURPOSE: TO SUPPORT THE ITALIAN EDUCATION PROGRAMS

$8,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that America-Italy Society Of Philadelphia has recieved totaling $39,659.

Awarding OrganizationAmount
Philadelphia Foundation

Philadelphia, PA

PURPOSE: GENERAL OPERATING SUPPORT

$38,611
Henry L Kimelman Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$48
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$137,106
Earnings$22,712
Ending Balance$159,818

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