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New York · Nonprofit

ITALIAN AMERICAN FORUM INC

ITALIAN AMERICAN FORUM INC (New York) receives grants from 2 organizations whose IRS filings report $66,800 to it, the largest being The Francesco and Mary Giambelli Foundation Inc ($40,000). 2 of them have funded it in more than one year.

Revenue FY2024
$217k
Funders on record
2
Grants received
$67k
Net assets
$298k
2/2 repeat funderspeak grant-dependency 11%
01What it does

What Italian American Forum Inc does

Mission

The italian american forum, a network of business and community leaders, serves as the catalyst where ideas and views on issues can be exchanged while supporting worthwhile initiatives dedicated to promoting and preserving the italian and italian american heritage.

As stated on its FY2024 Form 990.

Programs

  1. The italian american forum is a 501(c)(3) organizaiton that promotes and preserves the italian and italian american heritage by serving as a forum for discussion of important issues facing the italian and italian american community. The italian american forum provides financial support for worthwhile initiatives and to other 501(c)(3)organizations dedicated to disseminating italian and italian american heritage.

    $0 spent
  2. The italian american forum is a 501(c)(3) organization that provides scholarships to accredited educational institutions for persons who are selected based on a number of criteria including their academic success, community leadership, and areas of study.

    $0 spent

The 2 programs described on its FY2023 Form 990-EZ. Program spending in total: $0.

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 ($168k) Expenses 100 ($146k) Net assets 100 ($56k)2018 Revenue 71 ($119k) Expenses 84 ($123k) Net assets 94 ($53k)2019 Revenue 115 ($192k) Expenses 100 ($146k) Net assets 177 ($99k)2020 Revenue 47 ($79k) Expenses 68 ($99k) Net assets 142 ($80k)2021 Revenue 90 ($151k) Expenses 80 ($117k) Net assets 203 ($114k)2022 Revenue 106 ($178k) Expenses 66 ($97k) Net assets 348 ($195k)2023 Revenue 119 ($199k) Expenses 70 ($102k) Net assets 521 ($292k)2024 Revenue 129 ($217k) Expenses 145 ($211k) Net assets 530 ($298k)
'17'18'19'20'21'22'23'24
Revenue (129)Expenses (145)Net assets (530)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 2022 to 2023, from $221k to $313k (+42%).

$76k
$128k
$133k
$117k
$149k
$221k
$313k
$353k
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

96% of ITALIAN AMERICAN FORUM INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$22k
’17
−$3k
’18
$46k
’19
−$20k
’20
$34k
’21
$81k
’22
$97k
’23
$5k
’24
20
months of
reserve
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $4k → $13k.

From the IRS filings of ITALIAN AMERICAN FORUM INC’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 FORUM INC leans on a few funders — its largest provides 60% of grant income and the top three 100%; half comes from just 1 funder.

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

60%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 63% · 2022 100% · 2023 77% — diversifying over time.

“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.

Where its funders are

ITALIAN AMERICAN FORUM INC draws 100% of its grant income from funders outside New York, across 2 states in all.

NJ
DE

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

’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. 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 FORUM INC holds deeper cash reserves than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin2% · below the median
Months of reserve20.0mo · top quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like ITALIAN AMERICAN FORUM INC

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 New York

Nationally

05Profile & governance

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

Where the money goes

62% of spending goes to programs.

Program 62%Management 19%Fundraising 19%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

46%

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

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for ITALIAN AMERICAN FORUM INC: 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 FORUM INC?
ITALIAN AMERICAN FORUM INC (New York) receives grants from 2 organizations whose IRS filings report $66,800 to it, the largest being The Francesco and Mary Giambelli Foundation Inc ($40,000). 2 of them have funded it in more than one year.
How many funders does ITALIAN AMERICAN FORUM INC have?
IRS filings report 2 organizations giving $66,800 in grants to ITALIAN AMERICAN FORUM INC, 2 of which have funded it in more than one year.
Who is the largest funder of ITALIAN AMERICAN FORUM INC?
The Francesco and Mary Giambelli Foundation Inc is the largest funder on record, with $40,000 in grants. The full list of funders is on this page.
How can an organization like ITALIAN AMERICAN FORUM INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 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