Italian Cultural & Community Center Of Houston
- Assets
- $1.7m
- Revenue
- $598.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Houston, TX
- Founding
- 07/1983
- Data as of
- 12/2023
- EIN
- 76-0040419
Organization Overview
Italian Cultural & Community Center Of Houston is located in Houston, TX. The organization was established in 1983. 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, Italian Cultural & Community Center Of Houston employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Italian Cultural & Community Center Of Houston 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, Italian Cultural & Community Center Of Houston generated $598.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $595.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 9 years. 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
THE ITALIAN CULTURAL & COMMUNITY CENTER (ICCC) CELEBRATES AND PRESERVES ITALIAN CULTURE AND HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ITALIAN LANGUAGE SCHOOL: THE ICCC CONSIDERS THE ITALIAN LANGUAGE SCHOOL AND ITS RELATED ACTIVITIES ESSENTIAL TO ITS MISSION. THE ITALIAN LANGUAGE SCHOOL HAS EXISTED AT THE CULTURAL CENTER SINCE 1989. THE SCHOOL OFFERS 7-WEEK SESSIONS THROUGHOUT THE YEAR FOR ADULTS, KINDERGARTEN AND CHILDREN'S CLASSES, TEEN CLASSES, AND ONGOING PRIVATE & SEMI-PRIVATE CLASSES. CLASSES INCLUDE GRAMMAR, CONVERSATION, A TOURIST GUIDE TO THE BASIC ITALIAN LANGUAGE, AND A LOOK AT ITALY'S CONTEMPORARY LIFE. THE SCHOOL ALSO OFFERS CULTURAL ART HISTORY, ARCHITECTURE, AND OPERA COURSES. CLASSES ARE IN-PERSON AND ONLINE AT THE ITALIAN CULTURAL & COMMUNITY CENTER. THE LANGUAGE SCHOOL SERVES APPROXIMATELY 340 STUDENTS A YEAR.
CULTURAL EVENTS: SINCE 1988, THE PUBLIC HAS ENJOYED CONTINUOUS EVENTS HIGHLIGHTING ITALY AND ITALIANS' VAST GLOBAL CONTRIBUTIONS. DURING 2023, PROGRAMS WERE CONDUCTED TO HIGHLIGHT ITALY'S CULTURAL, HISTORICAL, EDUCATIONAL, AND TRADITIONS. THE PROGRAMS INCLUDED WINE LECTURES AND TASTING SERIES THAT FOCUSED ON REGIONAL WINES AND THE HISTORY OF THE WINE-GROWING REGIONS IN ITALY, A CONTEMPORARY ITALIAN FILM SERIES DURING WHICH FILMS WERE SHOWN MONTHLY FOR EIGHT MONTHS, EDUCATIONAL LECTURE WORKSHOPS, AND CULTURAL CLASSES. TOTAL ATTENDANCE FOR ALL THE CULTURAL EVENTS EXCEEDED 1750 PEOPLE. OTHER EVENTS FOCUS ON ITALIAN TRADITION, SUCH AS LA BEFANA FOR THE CHILDREN.
SCHOLARSHIP PROGRAM: SINCE 2000, THE ORGANIZATION HAS GRANTED OVER $281,000 SCHOLARSHIPS. IN 2023, ICCC AWARDED $18,000 SCHOLARSHIPS TO DESERVING YOUNG MEN AND WOMEN. SINCE 1982, THE ICCC HAS AWARDED $1,000 EACH FOR NEW AND RENEWING ANNUAL SCHOLARSHIPS TO HIGH SCHOOL SENIORS BASED ON MERIT & FINANCIAL NEED. IN 2023, TWO NEW SCHOLARSHIPS WERE AWARDED TO HIGH SCHOOL SENIORS, AND SIX WERE RENEWED. SEE SCHEDULE O FOR FURTHER SCHOLARSHIP PROGRAM DETAILS.SINCE ITS INCEPTION, WE HAVE AWARDED FOUR SCHOLARSHIPS TO ELIGIBLE UNDERGRADUATE, MBA, OR PH.D. STUDENTS FOR STUDY ABROAD PROGRAMS IN ITALY, TOTALING $10,000. THE PROGRAM BEGAN IN 2020 (OVERSEAS TRAVEL WAS UNAVAILABLE IN 2020/2021 DUE TO COVID). WE AWARDED ONE (1) ONE-TIME NON-RENEWABLE $5,000 SCHOLARSHIP TO COLLEGE STUDENTS CURRENTLY ENROLLED IN AN UNDERGRADUATE, GRADUATE, OR PH.D. PROGRAM, MAJORING OR MINORING IN ITALIAN STUDIES, CONCENTRATING IN ITALIAN HISTORY AND CULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claudia Sims President | OfficerTrustee | 10 | $0 |
Monica Ercolani 1st Vice President | OfficerTrustee | 2 | $0 |
Julie Mastroianni Treasurer | OfficerTrustee | 6 | $0 |
Flavio Andrea Zannin Secretary | OfficerTrustee | 1 | $0 |
Marguerite Edna Gabriele Assistant Secretary | OfficerTrustee | 1 | $0 |
Jerry Baiamonte Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $29,145 |
| Fundraising events | $164,361 |
| Related organizations | $0 |
| Government grants | $20,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,754 |
| Noncash contributions included in lines 1a–1f | $45,504 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $279,260 |
| Total Program Service Revenue | $288,729 |
| Investment income | $16,764 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,326 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,002 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $598,307 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $69,231 |
| Compensation of current officers, directors, key employees. | $10,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,573 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,794 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,960 |
| Advertising and promotion | $0 |
| Office expenses | $32,156 |
| Information technology | $2,159 |
| Royalties | $0 |
| Occupancy | $116,086 |
| Travel | $483 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $69 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $32,973 |
| All other expenses | $0 |
| Total functional expenses | $595,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,500 |
| Savings and temporary cash investments | $573,008 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,592 |
| 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 | $20,875 |
| Net Land, buildings, and equipment | $998,810 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,692,785 |
| Accounts payable and accrued expenses | $56,254 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $56,254 |
| Net assets without donor restrictions | $1,574,585 |
| Net assets with donor restrictions | $61,946 |
| 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 | $1,692,785 |