The 1H NMR spectra of iron(III) 5-ethynyl-10,15,20-tri(p-tolyl)porphyrin [(ETrTP)Fe(III)X(n)], iron(III) 5-(phenylethynyl)-10,15,20-tri(p-tolyl)porphyrin [(PETrTP)Fe(III)X(n)], iron(III) 5-(phenylbutadiynyl)-10,15,20-tri(p-tolyl)porphyrin [(PBTrTP)Fe(III)X(n)], iron(III) 5,10,15,20-tetra(phenylethynyl)porphyrin [(TPEP)Fe(III)X(n)], iron(III) 1,4-bis-[10,15,20-tri(p-tolyl)porphyrin-5-yl]-1,3-butadiyne {[(TrTP)Fe(III)X(n)]2 B}, and 5,10,15-triphenylporphyrin [(TrPP)Fe(III)X(n)] have been studied to elucidate the impact of meso-ethynyl substitution on the electronic structure and spin density distribution of high-spin (X = Cl-, n = 1) and low-spin (X = CN-, n = 2) derivatives. The meso substituents, i.e., ethynyl, phenylethynyl, and phenylbutadiynyl, provided insight into the efficiency of spin density delocalization along structural elements that are typically applied to transmit electronic effects along multipart polyporphyrinic systems. The positive spin density localized at the meso-carbon of high-spin iron(III) ethynylporphyrins is effectively delocalized along the ethyne or butadiyne fragment as illustrated by the comparison of isotropic shifts of C(meso)-H and -CC-H determined for (TrPP)Fe(III)Cl (-82.6 ppm, 293 K) and (ETrTP)Fe(III)Cl (-49.5 ppm, 298 K). The replacement of the ethynyl hydrogen by phenyl or phenylethynyl provided evidence for the pi spin density distribution around the introduced phenyl ring. An analysis of the isotropic shifts for the low-spin bis-cyanide iron(III) porphyrins series reveals the analogous mechanism of spin density transfer. Treatment of high-spin [(TrTP)Fe(III)Cl]2 B with a base resulted in formation of the cyclic [(TrTP)Fe(III)OFe(III)(TrTP)B]2 complex linked by two mu-oxo bridges. (TPEP)H2 has been characterized by X-ray crystallography as a porphyrin dication where two molecules of trifluoroacetic acid associate with two coordinated trifluoroacetate anions. The X-ray structure of bis-tetrahydrofuran 1,4-bis[10,15,20-tri(p-tolyl)porphyrinatozinc(II)-5-yl]-1,3-butadiyne complex {[(TrTP)Zn(II)(THF)]2 B} reveals two parallel, non-coplanar [(TrTP)Zn(THF)] subunits linked by the linear butadiyne moiety.