Il Circolo INC FY2024 filing

Tax-deductible

Boynton Beach, FL501(c)(3)Since 1977EIN 59-1742639

Support and promote italian arts and culture

501(c)(3) charity; gifts are tax-deductible.
54¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $50K a year · 27% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
54%
of spending
Worth a look: 54% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
13 mo
of spending, in cash
Looks good: 13.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $55K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$271K
+485% vs prior year
Spent
$190K
To programs
54%
Net assets
$200K
By yearFY2021–FY2025
Revenue
$271K
FY2024▲ +485%
Revenue by fiscal year
FY2021$32K
FY2022$150K
FY2023$46K
FY2024$271K
FY2025$292K
FY2025$242K
Expenses
$190K
FY2024▲ +68%
Expenses by fiscal year
FY2021Not on file
FY2022$97K
FY2023$113K
FY2024$190K
FY2025$159K
FY2025$283K
Net assets
$200K
FY2024▲ +69%
Net assets by fiscal year
FY2021$133K
FY2022$186K
FY2023$119K
FY2024$200K
FY2025$330K
FY2025$288K

From the FY2024 Form 990 (year ending May 2024) · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1977.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

54 cents of each dollar spent went to programs.

Program services 54% · $103K Management & general 46% · $87K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022
Robert J De Angelis$14,700—
Robert J De Angelis$14,700$13,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Il Circolo INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes and supports Italian arts and culture.

Provided by the organization

This section is blank until Il Circolo INC claims this page.

Know this organization? Claim it to add your story

2 program services account for $103K of program spending, described in the organization's own filed words · FY2023.
01

The organization hosts various events within the state of florida whosepurpose is to preserve and promote the italian culture through education,art, and music

$59Kprogram expense
02

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.

$44Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$55K
Grants paid · 7 grants · $112K · 2022–2025

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$271K
Ln 12
Gifts and grantsLn 1h$204K
Fees for servicesLn 2g$67K
Other incomeLn 4–11$617
Money outPt IX
$190K
Ln 25
Programscol B$103K
Managementcol C$87K
Owns and owesPt X
$200K
net assets · Ln 32
Cash and savingsLn 1–2$207K
Total assetsLn 16$207K
LiabilitiesLn 26$6K
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$204K
Fundraising eventsLn 1c$170K
Fees for servicesLn 2g$67K
Other incomeLn 4–11$617
Total revenueLn 12$271K
Assets in detailPt X, end of year
CashLn 1$207K
Cash and savings togetherLn 1–2$207K
Total assetsLn 16$207K
LiabilitiesLn 26$6K
Net assetsLn 32$200K
OperationsPt I, VI
EmployeesI 50
VolunteersI 616
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$134K$207K
Total assetsLn 16$134K$207K
LiabilitiesLn 26$15K$6K
Net assetsLn 32$119K$200K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$44K$44K
Management feesLn 11a$29K$29K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$485$485
Advertising and promotionLn 12$18K$18K
Office expensesLn 13$12K$12K
TravelLn 17$325$325
InterestLn 20$211$211
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$76K$59K$17K
All other expensesLn 24e$532$532
Total functional expensesLn 25$190K$103K$87K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $292K$159K$134K$330K 990 PDF
FY2024 Viewing $271K$190K$82K$200K 990 PDF
FY2023 $46K$113K−$67K$119K 990 PDF
FY2022 $150K$97K$53K$186K 990 PDF
FY2021 $32K$133K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $271,491 across 7 lines filed
VIII-1b Membership dues$22,301
VIII-1c Fundraising events$169,922
VIII-1f All other contributions, gifts and grants$11,350
VIII-1h Total contributions, gifts and grants$203,573
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $67,301$67,301
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $617$617
VIII-12 Total revenueRelated to mission $67,918 · Unrelated business $0 · Excluded from tax $0$271,491
Part IX · Statement of functional expenses $189,788 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $43,685$43,685
IX-11a Management feesManagement $28,810$28,810
IX-11b Legal feesManagement $1,141$1,141
IX-11c Accounting feesManagement $6,600$6,600
IX-11g Other fees for servicesManagement $485$485
IX-12 Advertising and promotionManagement $18,065$18,065
IX-13 Office expensesManagement $12,464$12,464
IX-17 TravelManagement $325$325
IX-20 InterestManagement $211$211
IX-23 InsuranceManagement $1,697$1,697
IX-24 Other expenses (24a–d)Programs $59,144 · Management $16,629$75,773
IX-24e All other expensesManagement $532$532
IX-25 Total functional expensesPrograms $102,829 · Management $86,959 · Fundraising $0$189,788
Part X · Balance sheet $206,662 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $133,803$206,662
X-16 Total assetsStart of year $133,863$206,662
X-17 Accounts payable and accrued expensesStart of year $15,010$6,365
X-26 Total liabilitiesStart of year $15,010$6,365
X-32 Total net assets or fund balancesStart of year $118,853$200,297
X-33 Total liabilities and net assetsStart of year $133,863$206,662
Part XI · Reconciliation of net assets $200,297 net assets at year end
XI-1 Total revenue$271,491
XI-2 Total expenses$189,788
XI-3 Revenue less expenses$81,703
XI-4 Net assets at start of year$118,853
XI-8 Prior period adjustments−$259
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$200,297

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.