Lincoln Park Zoological Society

Analysis

Lincoln Park Zoological Society is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1961, 65 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 March 2023, Lincoln Park Zoological Society reported income of $48.4m and spending of $40.0m, spending 83% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $42.3m to $48.4m (+15%), an average of +3.5% a year. The sharpest change came in the year to March 2022, when income rose by 120%. Over the whole period it spent 89% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lincoln Park Zoological Society 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 98th percentile within IL. Charities of a similar size with the same main cause include Toledo Zoological Society ($47.5m), Indianapolis Zoological Society Inc ($50.1m) and Nashville Zoo Inc ($47.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 60% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $1.1m (2.8% of expenses). Other salaries and wages came to $16.2m. At year end it held assets of $225.9m against liabilities of $76.0m, net assets of $149.9m. It reported 511 employees.