Is Utica Zoological Society Legit?

The Utica Zoological Society demonstrates a strong and improving financial trajectory, with revenue consistently exceeding expenses in recent years. For instance, in 2023, revenue was $3,879,327 against expenses of $2,996,959, indicating a healthy surplus. This trend has allowed the organization to significantly grow its assets from $1,676,783 in 2014 to $6,618,872 in 2023, while maintaining manageable liabilities. The consistent growth in assets suggests effective financial management and reinvestment into the organization's mission. The organization's spending efficiency appears robust, as evidenced by the consistent surpluses and asset growth. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall financial health suggests that a significant portion of funds are likely directed towards its mission. The absence of reported officer compensation across all filings is a notable aspect of its transparency and financial structure, indicating that top leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, which could be a positive for donor perception. Overall, the Utica Zoological Society exhibits sound financial health, with a clear pattern of growth and responsible management of resources. The consistent increase in assets and revenue, coupled with the lack of reported officer compensation, paints a picture of an organization focused on its mission and prudent in its financial operations. Further detailed expense breakdowns would enhance the transparency report, but based on the available data, the financial standing is strong.