Form 990 for tax year 2022

What the amendment changed

Compared with the return it replaced , filed 20 December 2023. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Totals

Total revenue

$46,387

Total expenses

$113,157

Contributions and grants received

$22,155

Grants paid

$20,423

Program service revenue

$58,070

Investment income

$0

Other revenue

-$33,838

Total assets, end of year

$133,863

Total liabilities, end of year

$15,010

Net assets or fund balances, end of year

$118,853

Program services expenses (Part IX)

$72,748

Management and general expenses

$32,216

Fundraising expenses

$8,193

Program service expenses (Part III)

$72,748

Program services were 64.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• THE ORGANIZATION HOSTS VARIOUS EVENTS WITHIN THE STATE OF FLORIDA WHOSEPURPOSE IS TO PRESERVE AND PROMOTE THE ITALIAN CULTURE THROUGH EDUCATION,ART AND MUSIC

  Expenses $52,325 · Revenue $58,070

• ITALIAN CULTURE IS PART OF THE MOSAIC OF OUR DAILY LIVES, INFLUENCING OUR VISION OF ART, BEAUTY, FASHION, DESIGN, ARCHITECTURE, CUISINE, NATURE,LANGUAGE, POETRY, PHILOSOPHY, THOUGHT, OPERA, AND MUSIC. SINCE THE BEGINNING, ANNUAL SCHOLARSHIPS HAVE BEEN GIVEN TO QUALIFIED STUDENTS TO STUDY IN ITALY. IN ADDITION, THE ORGANIZATION HAS BEEN A MAJOR SUPPORTER OF FLORIDA ATLANTIC UNIVERSITYS ITALIAN STUDIES PROGRAM, ONE OF THE ONLY TWO MAJOR PROGRAMS IN THE FLORIDA STATE UNIVERSITY SYSTEM. IL CIRCOLO HAS CONTRIBUTED TO A PROGRAM RELATED TO ITALIAN USAGE IN THE ARTS AT PALM BEACH ATLANTIC UNIVERSITY. FURTHERMORE, IL CIRCOLO CONTRIBUTES TO THE SUPPORT OF THE ITALIAN LANGUAGE COURSES AT PUBLIC AND PRIVATE SCHOOLS, SUCH AS THE HENDERSON SCHOOL INVOLVEMENT IN THE ARTS IS EPITOMIZED BY IL CIRCOLOS ANNUAL GRANTING OF THE MAESTRO ANTON GUADAGNO AWARD (FORMERLY CALLED THE GIUSEPPE VERDI AWARD) TO ONE OF THE WINNERS OF THE ANNUAL PALM BEACH OPERA VOCAL COMPETITION.

  Expenses $20,423 · Grants $20,423

As filed on the 2022 return.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

• FAU Foundation

  $9,000

  Italian Studies Program

Provenance

Return type

form_990

Tax year

2022

Filed

17 September 2024

IRS schema version

2022v5.0

Source object

202412619349300216

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