Italian American Cultural Society
Clinton Twp, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,595,545↑10% | $3,509,053↑6% | $3,510,184↑8% | — |
| 2022 | $3,274,312↑31% | $3,298,615↑40% | $3,255,883↑6% | — |
| 2021 | $2,506,319↑114% | $2,361,233↑62% | $3,072,494↑17% | — |
| 2020 | $1,171,605↓50% | $1,455,309↓39% | $2,637,120↓3% | — |
| 2019 | $2,356,611↑10% | $2,376,439↑10% | $2,714,009 | — |
| 2018 | $2,139,016↓6% | $2,164,302↑2% | $2,719,342↓6% | — |
| 2017 | $2,263,806↑20% | $2,113,915↑13% | $2,890,317↑6% | — |
| 2016 | $1,892,363↑35% | $1,874,795↑35% | $2,717,571↑3% | — |
| 2015 | $1,397,750↑3% | $1,385,541↑2% | $2,626,235↑2% | — |
| 2014 | $1,353,232↑6% | $1,364,593↑2% | $2,584,244↓3% | — |
| 2013 | $1,274,642↓21% | $1,335,740↓19% | $2,676,977↓3% | — |
| 2012 | $1,613,257↑14% | $1,654,768↑17% | $2,757,137↑10% | — |
| 2011 | $1,409,444 | $1,420,021 | $2,508,525 | — |
Frequently Asked Questions
What does Italian American Cultural Society do?▼
Italian American Cultural Society is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A23Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Italian American Cultural Society financially healthy?▼
Based on our 9-metric Financial Health Score model, Italian American Cultural Society has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Italian American Cultural Society generate?▼
Italian American Cultural Society reports $4.4M in annual revenue and holds $6.4M in total assets, based on IRS filings.
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