ZTP

Analysis

ZTP is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 2021, 5 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 December 2023, ZTP reported income of $337k and spending of $303k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $350k to $337k (-3.7%), an average of -3.7% a year. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, ZTP sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Victoria Community Theatre Inc ($337k), Cedarburg Landmark Preservation Society Inc ($337k) and Rome Chamber Music Festival at Villa Aurelia Inc ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $26k (8.6% of expenses). Other salaries and wages came to $122k. At year end it held assets of $146k against liabilities of $22k, net assets of $124k. It reported 4 employees.