Overview
What is Italian Cultural Soc Of Wash Dc Inc?
Italian Cultural Soc of Wash Dc Inc is a nonprofit organization headquartered in Bethesda, Maryland, dedicated to nurturing and propagating the Italian language and culture. They accomplish this mission by offering Italian language classes for adults and children, even during summer day camps. Their activities entail managing salaries, purchasing necessary books and supplies, and renting classrooms for their educational programs. To further their cause, they provide financial aid and allocations to encourage the study of the Italian language and culture.
Official website here: www.italianculturalsociety.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
The Italian Cultural Society of Washington, DC has received a low rating of 58%, resulting in a One-Star designation. This indicates significant concerns regarding the organization's accountability and financial management. Notably, the absence of independent board members and missing key policies such as a whistleblower and document retention policy raise red flags about governance practices.
Despite these weaknesses, the organization does have a relatively high program expense ratio of 72.01%, suggesting that a large portion of its expenses is directed toward its programs. Additionally, the liabilities to assets ratio is favorable at 10.85%, which implies a solid financial standing in terms of asset management. However, the lack of financial statements and transparency could hinder trust among potential donors and stakeholders.
Overall, while the Italian Cultural Society of Washington, DC demonstrates commitment to its cultural programs, improvements in governance, transparency, and accountability are essential to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Italian Cultural Soc Of Wash Dc Inc?
100% of reviewers on Facebook recommend the Italian Cultural Society of Washington D.C. Inc, highlighting a very positive reception. Here's a summary of their reviews:
Attendees praised recent events like the "Murder Mystery in Piazza San Marco," noting it as a tremendous success that sold out quickly. The quality of the food received special mention, particularly the chiacchiere and cannoli, which were described as the best in the area.
Overall, the sentiments reflect a strong appreciation for the cultural and culinary experiences offered by the organization, with participants clearly enjoying the events and the community atmosphere.
This AI summary has been generated from reviews found on Facebook.
Is Italian Cultural Soc Of Wash Dc Inc legitimate?
Italian Cultural Soc Of Wash Dc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Italian Cultural Soc Of Wash Dc Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $81,855
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,357
For more financial information, click here
Official website here: www.italianculturalsociety.org
What is the mission statement of Italian Cultural Soc Of Wash Dc Inc?
The Italian Cultural Society of Washington D.C. is dedicated to propagating the Italian language and culture. This is achieved through their mission, which involves teaching the Italian language to both adults and children, including in summer day camps. To facilitate these activities, they allocate resources for salaries, books, and classroom rentals. Furthermore, they provide grants and allocations to foster the study of the Italian language and culture.
Official website here: www.italianculturalsociety.org
Who is the CEO of Italian Cultural Soc Of Wash Dc Inc?
Bruce Esposito is the Treasurer of Italian Cultural Soc Of Wash Dc Inc.
Official website here: www.italianculturalsociety.org
What is the revenue of Italian Cultural Soc Of Wash Dc Inc?
Italian Cultural Soc Of Wash Dc Inc's revenue in 2022 was $654,280.
Official website here: www.italianculturalsociety.org
Who are the executives of Italian Cultural Soc Of Wash Dc Inc and what are their salaries?
The average compensation at Italian Cultural Soc Of Wash Dc Inc during 2022 was $43,303. There are 4 employees and 13 volunteers at Italian Cultural Soc Of Wash Dc Inc.
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Official website here: www.italianculturalsociety.org
Where can I find the form 990 for Italian Cultural Soc Of Wash Dc Inc?
Italian Cultural Soc Of Wash Dc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.italianculturalsociety.org
Learn more at the official website: www.italianculturalsociety.org
Mission Statement of Italian Cultural Soc Of Wash Dc Inc
The Italian Cultural Society of Washington D.C. is dedicated to fostering an appreciation for the Italian language and culture. Through their mission, they actively engage in promoting the Italian language, particularly among adults and children. This is accomplished through various educational programs, such as summer day camps, where children can immerse themselves in the language and culture. To ensure the success of these programs, the society allocates resources for salaries, purchasing necessary supplies, and securing classroom spaces. Furthermore, they provide financial assistance through grants to further encourage the study of the Italian language and culture.
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Impact
July, 2024
The Italian Cultural Society of Washington DC, Inc. plays a crucial role in promoting the Italian language and culture in the Bethesda, MD area. By offering language classes for both adults and children, including through children's summer day camps, the organization helps preserve and spread Italian heritage. Their programs, which involve grants and allocations to support the study of Italian language and culture, contribute to fostering a deeper understanding and appreciation of Italy's rich cultural heritage. Through their activities and initiatives, the Italian Cultural Society of Washington DC, Inc. has a significant impact on the local community by preserving and promoting Italian cultural traditions.
This information is meant to be a general summary of Italian Cultural Soc Of Wash Dc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $467,773
- Gross Receipts: $654,280
Assets and Liabilities:
- Total Assets: $414,238
- Total Liabilities: $44,959
- Net Assets: $369,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND TUTORING
Revenue
$440,222
EDUCATIONAL MATERIAL
Revenue
$13,238
CULTURAL EVENTS
Revenue
$14,313
Organization Details
Founding Year
1978
Principal Officer
Bruce Esposito
Main Address
4833 RUGBY AVENUE STE 201, BETHESDA, MD, 208143035
NTEE Category
Code: A230 - Arts
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