Houston, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Italian Cultural & Community Center of Houston, founded in 1970, is a small nonprofit in the Arts, Culture & Humanities sector that reported $875K in total revenue in fiscal year 2025. The organization ran a surplus of $171K, a strong 20% operating margin.
To advance, celebrate, and preserve Italian culture and heritage. We share our rich culture with everyone in our community by promoting the Italian language, history, art, music, and cuisine. We support deserving students with scholarships each year.
Italian Language School: The ICCC considers the Italian Language School and its related activities essential to its mission. The Italian Language School has existed at the Cultural Center since 1989...
Italian Language School: The ICCC considers the Italian Language School and its related activities essential to its mission. The Italian Language School has existed at the Cultural Center since 1989. The school offers 7-week sessions throughout the year for adults, kindergarten and children's classes, teen classes, and ongoing private & semi-private classes. Classes include grammar, conversation, a tourist guide to basic Italian, and a look at contemporary Italian life. The school also offers cultural education classes, including Art History, Italian History, Architecture, Mosaic workshops, and Opera courses. Classes are in-person and online at the Italian Cultural & Community Center. The Language School serves approximately 550 students a year.
Scholarship Program: In 2025, the Italian Cultural & Community Center awarded $32,291 in scholarships to deserving young men and women. Since 1982, the ICCC has awarded $1,000 in annual scholarships...
Scholarship Program: In 2025, the Italian Cultural & Community Center awarded $32,291 in scholarships to deserving young men and women. Since 1982, the ICCC has awarded $1,000 in annual scholarships to high school seniors, both new and renewing, based on merit and financial need. In 2025, two new scholarships were awarded to high school seniors, and five scholarships were renewed. After the 2025 high school senior-based merit and financial need scholarships were granted, this portion of the scholarship program was eliminated going forward. All previously awarded scholarships under this program will continue to be honored. See Schedule O.Since the inception of the Study Abroad program in 2020, we have awarded ten scholarships to eligible undergraduate, MBA, or Ph.D. students for study abroad programs in Italy, totaling $25,000. The program began in 2020 (overseas travel was unavailable in 2020/2021 due to COVID).Thanks to a donor, since 2023, we have awarded three one-time non-renewable $5,000 scholarships to college students currently enrolled in an undergraduate, graduate, or Ph.D. program, majoring or minoring in Italian Studies, concentrating in Italian History and/or Culture.Thanks to a donor, we were able to offer two additional scholarships in 2024/2025 totaling $30,291 to college-bound high school students.Since 1986, the organization has granted over $525,000 in scholarships.
Cultural Events: Since 1988, the public has enjoyed continuous events highlighting Italy and Italians' vast global contributions. During 2025, programs were conducted to highlight Italy's culture...
Cultural Events: Since 1988, the public has enjoyed continuous events highlighting Italy and Italians' vast global contributions. During 2025, programs were conducted to highlight Italy's culture, history, education, and traditions. The programs included wine lectures and tasting series focused on regional wines and the history of the wine-growing regions in Italy, a contemporary Italian Film Series during which films were shown monthly for five months, educational lecture workshops, and cultural classes. Total attendance for all the Cultural Events exceeded 2,750 people. Other events focus on Italian tradition, such as La Befana for the children.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $874,707 | $810,936 | +0.1% |
| Expenses | $703,821 | $644,850 | +0.1% |
| Net Income | $170,886 | $166,086 | +0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Claudia Sims | President | 7.70 |
Officer
Director
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$0 | $0 | $0 |
| Kip Mankenberg | Vice President | 2.30 |
Officer
Director
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$0 | $0 | $0 |
| Lorenzo Renda | Vice President | 1.00 |
Officer
Director
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$0 | $0 | $0 |
| Trudy Nix | Treasurer | 1.70 |
Officer
Director
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$0 | $0 | $0 |
| Julie Mastroianni | Assistant Treasurer | 2.60 |
Officer
Director
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$0 | $0 | $0 |
| Flavio Andrea Zannin | Secretary | 1.00 |
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Director
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$0 | $0 | $0 |
| Maria Angela Capello De Passalacqua | Assistant Secretary | 1.60 |
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Director
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$0 | $0 | $0 |
| Lauren Fisher | Director | 2.40 |
Director
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$0 | $0 | $0 |
| Robert Gerace | Director | 0.80 |
Director
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$0 | $0 | $0 |
| Gina Gusemano Leck | Director | 2.00 |
Director
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$0 | $0 | $0 |
| Diane Nizza | Director | 0.70 |
Director
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$0 | $0 | $0 |
| Rosalyn Pactor | Director | 1.30 |
Director
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$0 | $0 | $0 |
| Luisa Patoni | Director | 0.30 |
Director
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$0 | $0 | $0 |
| Erika Myers | Executive Director | 40.00 |
Officer
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$79,290 | $0 | $79,290 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $874,707 | $703,821 | $2,014,401 | $170,886 |
| 2024 | $810,936 | $644,850 | $1,834,877 | $166,086 |
| 2023 | $598,307 | $595,229 | $1,692,785 | $3,078 |
| 2022 | $564,486 | $494,420 | $1,661,566 | $70,066 |
| 2021 | $581,093 | $441,432 | $1,594,898 | $139,661 |
| 2020 | $509,885 | $429,737 | $1,441,116 | $80,148 |
| 2019 | $714,383 | $721,813 | $1,351,657 | $-7,430 |
| 2018 | $789,613 | $788,574 | $1,378,432 | $1,039 |
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