Casa Italiana - Italian Cultural Center

Analysis

Casa Italiana - Italian Cultural Center is a registered charity in United States, based in Burien, WA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Casa Italiana - Italian Cultural Center reported income of $155k and spending of $295k, spending 190% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $546k to $155k (-72%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Casa Italiana - Italian Cultural Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include California Orchestra Directors Association ($155k), Fine Arts Chamber Players ($155k) and Fist and Heel Performance Group Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 0.4% of the total. Other salaries and wages came to $90k. At year end it held assets of $1.8m against liabilities of $1.2m, net assets of $643k. It reported 8 employees.