Zygote Press Inc

Analysis

Zygote Press Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Zygote Press Inc reported income of $258k and spending of $375k, spending 145% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $319k to $258k (-19%), an average of -4.2% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Zygote Press Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Causability ($258k), Friends of the Cultural Center Inc ($258k) and Estellas Brilliant Bus a Class Act Learning Center Inc ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $74k (20% of expenses). Other salaries and wages came to $122k. At year end it held assets of $291k against liabilities of $36k, net assets of $255k. It reported 4 employees.