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Iowa · Nonprofit

ITALIAN-AMERICAN CULTURAL CENTER OF IOWA

ITALIAN-AMERICAN CULTURAL CENTER OF IOWA (Iowa) receives grants from 10 organizations whose IRS filings report $7,172,279 to it, the largest being DONALD F &CHARLENE K LAMBERTI FOUNDATION ($6,015,000). 6 of them have funded it in more than one year.

Revenue FY2025
$12M
Funders on record
10
Grants received
$7.2M
Net assets
$15M
6/10 repeat fundersgrants exceed reported revenue in one year
01What it does

What Italian-American Cultural Center of Iowa does

Mission

To promote cultural awareness and diversity in the community while promoting the italian heritage.

As stated on its FY2025 Form 990.

Program

  1. Organize public events to promote italian-american cultural awareness.

    $323,721 spent$10,133 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $323,721.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($378k) Expenses 100 ($330k) Net assets 100 ($496k)2018 Revenue 86 ($327k) Expenses 95 ($315k) Net assets 102 ($508k)2019 Revenue 82 ($310k) Expenses 101 ($333k) Net assets 138 ($686k)2020 Revenue 9 ($32k) Expenses 31 ($101k) Net assets 120 ($597k)2021 Revenue 411 ($1.6M) Expenses 87 ($287k) Net assets 376 ($1.9M)2022 Revenue 305 ($1.2M) Expenses 81 ($267k) Net assets 555 ($2.8M)2023 Revenue 47 ($178k) Expenses 53 ($174k) Net assets 556 ($2.8M)2024 Revenue 38 ($142k) Expenses 65 ($214k) Net assets 540 ($2.7M)2025 Revenue 3264 ($12M) Expenses 106 ($349k) Net assets 2958 ($15M)
'17'18'19'20'21'22'23'24'25
Revenue (3264)Expenses (106)Net assets (2958)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $4.3M to $15M (+241%).

$496k
$508k
$705k
$3.9M
$4.0M
$4.4M
$4.4M
$4.3M
$15M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 13% · 2018 5% · 2019 21%. Grants only. Government contracts and fees sit inside program revenue.

100% of ITALIAN-AMERICAN CULTURAL CENTER OF IOWA’s revenue is contributions — more reliant on donations than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 812 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$48k
’17
$12k
’18
−$23k
’19
−$69k
’20
$1.3M
’21
$887k
’22
$5k
’23
−$72k
’24
$12M
’25
32
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Jeff Lamberti

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed33412123141414
Joined·+0+2+9+1+0+11+0+2
No longer listed·01119002
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 4 funders, grant income rose $65k → $223k.

2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ITALIAN-AMERICAN CULTURAL CENTER OF IOWA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ITALIAN-AMERICAN CULTURAL CENTER OF IOWA leans on a few funders — its largest provides 84% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

84%
largest funder
97%
top three
~1
effective funders

Largest funder’s share by year: 2017 62% · 2018 73% · 2019 31% · 2020 50% · 2021 100% · 2022 71% · 2023 91% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of ITALIAN-AMERICAN CULTURAL CENTER OF IOWA's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of ITALIAN-AMERICAN CULTURAL CENTER OF IOWA's grant income comes from Iowa funders.

IA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Iowa out of state home

Funder states come from each funder’s own filing. $89k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ITALIAN-AMERICAN CULTURAL CENTER OF IOWA holds deeper cash reserves than three-quarters of the 550 arts & culture nonprofits its size.

Operating margin97% · outside the comparable range
Months of reserve31.6mo · top quartile
Revenue growth (annualized)55% · top quartile

this organization peer median middle 50% of peers· 550 arts & culture nonprofits $10M–$100M, FY2025

Organizations like ITALIAN-AMERICAN CULTURAL CENTER OF IOWA

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

14
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for ITALIAN-AMERICAN CULTURAL CENTER OF IOWA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ITALIAN-AMERICAN CULTURAL CENTER OF IOWA?
ITALIAN-AMERICAN CULTURAL CENTER OF IOWA (Iowa) receives grants from 10 organizations whose IRS filings report $7,172,279 to it, the largest being DONALD F &CHARLENE K LAMBERTI FOUNDATION ($6,015,000). 6 of them have funded it in more than one year.
How many funders does ITALIAN-AMERICAN CULTURAL CENTER OF IOWA have?
IRS filings report 10 organizations giving $7,172,279 in grants to ITALIAN-AMERICAN CULTURAL CENTER OF IOWA, 6 of which have funded it in more than one year.
Who is the largest funder of ITALIAN-AMERICAN CULTURAL CENTER OF IOWA?
DONALD F &CHARLENE K LAMBERTI FOUNDATION is the largest funder on record, with $6,015,000 in grants. The full list of funders is on this page.
How can an organization like ITALIAN-AMERICAN CULTURAL CENTER OF IOWA find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Italian-American Cultural Center of Iowa →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing