Italian American Foundation Of Santa Barbara
- Assets
- $312.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 06/1993
- Data as of
- 12/2021
- EIN
- 77-0337801
Organization Overview
Italian American Foundation Of Santa Barbara is located in Santa Barbara, CA. The organization was established in 1993. 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 American Foundation Of Santa Barbara 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, Italian American Foundation Of Santa Barbara generated $38.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.4% each year . All expenses for the organization totaled $12.3k during the year ending 12/2021. While expenses have increased by 1.8% 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
THE ORGANIZATION IS RAISING FUNDS TO PROMOTE ITALIAN HERITAGE AND PROVIDE SCHOLARSHIPS TO ITALIAN AMERICAN STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Dal Bello President | 1 | $0 | |
Deanna Morinini Secretary | 1 | $0 | |
David L Peri Treasurer | 1 | $0 | |
Nadia Hernandez Director | 1 | $0 | |
Pierina Lowdermilk Director | 1 | $0 | |
Elena Felland Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,600 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,885 |
| Gain or Loss | $30,731 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,216 |
| 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 | $2,657 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50 |
| Total expenses | $12,274 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $311,992 |
| Other assets | $0 |
| Total assets | $311,992 |
| Total liabilities | $0 |
| Net assets or fund balances | $311,992 |
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