Zephyrus Arts Institute

Analysis

Zephyrus Arts Institute is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2019, 7 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 September 2023, Zephyrus Arts Institute reported income of $171k and spending of $164k, spending 96% of its income. Across the 2 years on record, from December 2022 to September 2023, income grew from $132k to $171k (+30%), an average of +30% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Zephyrus Arts Institute sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OK. Charities of a similar size with the same main cause include Danish Festival Inc ($171k), Flashback Theater Co ($171k) and Metropolitan Youth Symphony Inc ($171k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.6% and program service revenue 91% of the total. At year end it held assets of $73k against liabilities of $15k, net assets of $58k.