Zocalo Public Square

Analysis

Zocalo Public Square is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2004, 22 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 June 2023, Zocalo Public Square reported income of $443k and spending of $457k, spending 103% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $336k to $443k (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 149%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Zocalo Public Square sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Gabriela Lena Frank Creative Academy for Music ($442k), Sb3c Foundation Inc ($443k) and Koreanamericanstoryorg Inc ($442k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 2.2% of the total. Other salaries and wages came to $119k. At year end it held assets of $763k against liabilities of $14k, net assets of $749k.