Minnesota Zoo Foundation

Analysis

Minnesota Zoo Foundation is a registered charity in United States, based in Apple Valley, MN. It received its IRS tax-exemption ruling in October 1975, 51 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 June 2023, Minnesota Zoo Foundation reported income of $6.3m and spending of $9.4m, spending 150% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.0m to $6.3m (-43%), an average of -13% a year. The sharpest change came in the year to June 2020, when income dropped by 43%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Minnesota Zoo Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Jacksonville Humane Society ($6.2m), Humane Farming Association ($6.3m) and Georgia Aquarium Foundation Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $172k (1.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $14.5m against liabilities of $618k, net assets of $13.9m. It reported 23 employees.