AArts, Culture & HumanitiesEIN: 386089634· Ruling Year: 1962

Italian American Cultural Society

Clinton Twp, Michigan

B+Health Score
72B+

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)

This Org0.77×
Peer Median210.95×
💰
$3.6M
Total Revenue
📊
$3.5M
Total Expenses
🏦
$2.7M
Net Assets
📋
$824K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.8%
Year-over-year change (2022 → 2023)
Net Margin
+2.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.77
Net assets divided by total expenses
Liabilities-to-Assets
23.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,595,54510%$3,509,0536%$3,510,1848%
2022$3,274,31231%$3,298,61540%$3,255,8836%
2021$2,506,319114%$2,361,23362%$3,072,49417%
2020$1,171,60550%$1,455,30939%$2,637,1203%
2019$2,356,61110%$2,376,43910%$2,714,009
2018$2,139,0166%$2,164,3022%$2,719,3426%
2017$2,263,80620%$2,113,91513%$2,890,3176%
2016$1,892,36335%$1,874,79535%$2,717,5713%
2015$1,397,7503%$1,385,5412%$2,626,2352%
2014$1,353,2326%$1,364,5932%$2,584,2443%
2013$1,274,64221%$1,335,74019%$2,676,9773%
2012$1,613,25714%$1,654,76817%$2,757,13710%
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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