Nonprofit · EIN 99-1314970
CIAO ITALIA MATTHEWS
Tax-exempt · MATTHEWS, NC 28105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $112,790 | $113,308 | -$518 | $446 | $0 | $446 |
| December 31, 2024 | 990-PF | $105,785 | $104,818 | $967 | $967 | $0 | $967 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $107,638
- Net gain from sales of assets
- $1,200
- Other income
- $1,500
Expenses
- Grants and similar amounts paid
- $5,674
- Disbursements for charitable purposes
- $5,674
Balance sheet and other
- Total assets, start of year
- $964
- Total assets, end of year
- $446
- Total liabilities, end of year
- $0
- Net assets, end of year
- $446
- Qualifying distributions
- $11,348
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Tofano 259 S Trade St, Matthews, NC 28105 | Director | 2 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Tofano 259 S Trade St, Matthews, NC 28105 | Director | 2 | $0 |
| Lou Carletto 825 Carmona Court, MMatthews, NC 28104 | Advisor | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 259 S TRADE ST, MATTHEWS, NC 28105-5776
- In care of
- % MARK TOFANO
- Signed the 990-PF
- Mark Tofano, Director
- Website
- www.CiaoItaliaMatthews.com
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-1314970
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A23)
- Assets (IRS master file)
- $446
- Income (IRS master file)
- $117,936
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $112,790 | $113,308 | $446 | XML |
| 990-PF | December 2024 | $105,785 | $104,818 | $967 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-1314970).
Questions about CIAO ITALIA MATTHEWS
- What is the EIN of CIAO ITALIA MATTHEWS?
- The employer identification number (EIN) of CIAO ITALIA MATTHEWS is 99-1314970.
- Is CIAO ITALIA MATTHEWS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to CIAO ITALIA MATTHEWS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does CIAO ITALIA MATTHEWS file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CIAO ITALIA MATTHEWS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CIAO ITALIA MATTHEWS last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of CIAO ITALIA MATTHEWS?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does CIAO ITALIA MATTHEWS have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $112,790, expenses of $113,308 and total assets of $446 at year end.
Other nonprofits in MATTHEWS
- MATTHEWS PLAYHOUSE OF PERFORMING ARTS INC EIN 56-1937368 · last filed 990 for 2025
- MATTHEWS ALIVE INC EIN 56-1906522 · last filed 990 for 2025
- THEATRE GAP INITIATIVE EIN 86-1460904 · last filed 990 for 2025
- EAGLES WINGS STUDIO INC EIN 30-0827037 · last filed 990-EZ for 2026
- MATTHEWS HISTORICAL FOUNDATION INC EIN 58-1723658 · last filed 990 for 2025
- CHARLOTTE UTSOB EIN 39-4209118 · last filed 990-EZ for 2025
- CAROLINA FILM FESTIVAL INCORPORATED EIN 84-4199220 · last filed 990-N for 2025
- CAROLINA THEATRE PRESERVATION SOCIETY EIN 56-2042971 · last filed 990-N for 2025
All nonprofits in MATTHEWS · North Carolina · Arts, culture and humanities