The SAC (symmetry adapted cluster)/SAC-CI method is applied to calculations of the ground and excited states of free base tetrazaporphin (FBTAP). The electronic spectrum is reproduced in fairly good agreement with experiments, and unknown absorption bands in the energy region higher than 4 eV are predicted. The effect of meso-tetraaza-substitution on the excited states of porphin macrocycle explains why the compound is colored, as in the closely related compounds, phthalocyanines, used as pigments.