Indianapolis Zoological Society Inc
Analysis
Indianapolis Zoological Society Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 1966, 60 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Indianapolis Zoological Society Inc reported income of $50.1m and spending of $40.2m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $46.5m to $50.1m (+7.6%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 166%. Over the whole period it spent 79% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Indianapolis Zoological Society Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Lincoln Park Zoological Society ($48.4m), Wildlife Conservation Network Inc ($52.5m) and Toledo Zoological Society ($47.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $1.1m (2.7% of expenses). Other salaries and wages came to $16.2m. It paid $205k in professional fundraising fees. At year end it held assets of $227.1m against liabilities of $13.6m, net assets of $213.5m. It reported 716 employees.
Income and spending
Where the income comes from
- Contributions & grants 35%
- Program services 55%
- Other 9.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lincoln Park Zoological Society | Chicago | $48.4m |
| Wildlife Conservation Network Inc | San Francisco | $52.5m |
| Toledo Zoological Society | Toledo | $47.5m |
| Fort Worth Zoological Association Inc | Fort Worth | $53.1m |