Zullo Gallery Center for the Arts

Analysis

Zullo Gallery Center for the Arts is a registered charity in United States, based in Medfield, MA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Zullo Gallery Center for the Arts reported income of $76k and spending of $83k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $76k (+13%), an average of +13% a year. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Zullo Gallery Center for the Arts sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Masterworks Chorale ($76k), Vista Ranchos Historical Society ($76k) and Salem Community Theatre & Cultural Center Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. At year end it held assets of $77k against liabilities of $86k, net assets of -$9,216.